The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
TABLE k k OF CONTENTS * Mr. Hamilton on Public Credit by by Mr. Hamilton on a National Bank by Mr. Hamilton on M a n u f a c t u r e s by Mr. Hamilton on Establishing a Mintt by M r . Hamilton on Public Credit by M r . Gallatin on the Finances by M r . Gallatin on the Finances by M r . Gallatin on the Finances by M r . Gallatin on the Finances by M r . Gallatin on the Finance* by M r . Gallatin on the Finances Report by M r . Gallatin on the Finances * ^ R e p o r t by M r . Gallatin on the Finances Report by M r . Gallatin on the Finances Report by M r . Gallatin on the Finances " ^ R e p o r t by M r . Gallatin on the Finances ^ R e p o r t by M r . Gallatin on the Finance? ^Report J ^ Report J. Report ^^Report ^wieport ^Report Report 'J IT7 Report -}• Report ^Report V, Report - - - Report by M r . Gallatin on the Finances . . R e p o r t by W i l l i a m Jones, (Acting Secretary P^ Report by W i l l i a m Jones, (Acting Secretary ° R e p o r t by G. W . Campbell on the Finances <0 VOL. I . — 1 CM - the Fiuances the Finances - January, December, December, May, January, December, December, October, November, December, December, November, December, June, December, December, November, December, June, December, December, 17.90 1790 1791 1791 1795 1801 1802 1303 1S04 1305 1806 1807 1808 1809 1809 1810 1811 1812 1813 1813 1811 Fag<?. 3 54 78 133 157 216 252 £62 285 297 331 356 373 391 398 421 443 468 488 499 523 REPORTS OF THE 356 [1S07. REPORT ON T H E FIN ANCES. NOVEMBER, 1807. In obedience to the directions of the act supplementary to the act entitled An act to establish the Treasury Department," the Secretary of the Treasury respectfully submits the following report and estimates u REVENUE AND R E C E I P T S . The nett revenue arising from duties on merchandise and tonnage, which accrued during the year lb05, amounted to - $1 j.135,158 And that which accrued during the year 1806, amounted, is will appear by the statement (A.) to 16,576,454 The same revenue, after deducting that jiortion which arose from the duty on salt, and from the additional duties constituting the Mediterranean fund, amounted, during the year 8 1805, vo . . . . ' . 12,520,532 And during the year 1806, to . . . . 14,809,758 It is ascei»aincd that the nett revenue, which has accrued during the first three quarters of the year 1807, exceeds that of the corresponding quarters of the year 1806; and that branch of the revenue may. exclusively of the duty on salt, and of the Mediterranean fund, both of which expire on the 1st day of January next, be safely estimated for the present, and if no change takes place in the relations of the United States with foreign nations, at fourteen millions of dollars. The statement (B) exhibits in detail the several species of merchandise, and other sources, from which that revenue was collected during the vear 1806. It appears by the statement (C) that the sales of the public lands have, during the year ending on the 30th September, 1807, exceeded 284,000 acres. Some returns are net yet received: and the proceeds of sales in the Mississippi Territory, being, .fter deducting the surveying and other incid e n ^ x p e n s e s , appropriated * the first place to the payment of a sum of 1,250,000 dollars to the State oi Georgia, have not l>een included, but are distinctly stated. The actual payments by purchasers have, d u r i n g the same period, exceeded 6S0,000 dollars; and the receipts into the Treasury from that source may, after deducting charges, and the five per cent, reserved for roads, be estimated for the ensuing year a t five hundred t h o u s a n d 6 3 dollars. 1807.] SECRETARY OF THE TREASURY. 357 The receipts arising from the permanent revenue of the United States may, therefore, without including the duties on postage, and other incidental branches, be computed, for the year 1808, at - $14,500,000 And the payments into the Treasury during the same year, on account of the salt and Mediterranean duties previously accrued, are estimated at . . . . . 1,300,000 Making in the whole an aggregate of L A S T Q U A R T E R OF T H E YEAR - - §15,800,000 1807. The balance in the Treasury, which, on the 30th day of September, 1806, amounted to $5.496,9J9 77, "did, on the 30th day of September, 1807, amount to $8,530,000 The receipts into the Treasury from the 1st of October to the 31st of December. 1807, arc estimated at 4,000,000 $12,530,000 T i e expenses during the same period, for all objects whatever, (the public debt excepted/) and including 686,076 dollars for the extraordinary expenditures of the Navy Department, of which the estimate has been transmitted, are estimated at $1,700,000 The ordinary payments on account of the public debt, including the provision for the interest on the Louisiana and 1,700,000 Dutch debt, to the 1st July, 1803. are estimated at A farther sum of about 1,600,000 dollars should also be paid during this quarter, in order to complete the annual appropriation of 8,000,000 of dollars. If the whole of this sum which is applicable to the purchase of the eight per cent, stock cannot be expended this year, the unexpended balance will form an additional expenditure for the year 1808 ; charging, 1,500,000 however, the whole to this quarter Makes an .aggregate of And will leave in the Treasury at the closc of the year, a balance of about seven million six huudred thousand dollars. 4,900,000 7,630,000 $12,530,000 E X P E N D I T U R E S OF T H E Y E A R 180S. The permanent expenses, calculated on a peace establishment, are estimated at 11.600,000 dollars, and consist of the following items, viz: 1st. For the civil department, and all domestic expenses °f a civil nature, including invalid pensions, the light-house •and mint establishments, the expeuses of surveying public Jands and the seacoast, the fifth instalment of the loan due to Maryland, and a sum of 100,000 dollars, to meet such miscellaneous appropriations, not included in the estimates, as may he made by Congress 1,100,000 36a REPORTS OF T H E 2d. For expenses incident to the intercourse with foreign nations, including the permauent appropriation for Algiers 3d. For the military and Indian departments, including trading-houses, and the permanent appropriations for certain Indian tribes 4th. For the naval establishment . . . 5th. The annual appropriation of eight millions of dollars for the payment of the principal and interest of the public debt, of which sum not more than 3,400,000 dollars will for the year 1808 be applicable to the payment of interest [1807. $200,000 1,280,(00 1:0*0,0C0 8,000,0C0 $11,600,000 T o the permanent expenses mnst he added for the year 1808, a sum of about 800,000 dollars, necessary, in addition to the annual appropriation of ei^ht millions of dollars, to complete, on the 1st January, 1809. the reimbursement of the eight per cent, stock . And for paying the balance of American claims assumed by the French convention Making altogether, for the expenses of that year The receipts of that year having been estimated at §15,800,000 And the probable balance in the Treasury on the 1st January next, at 7,630,000 Making altogether 800,000 200,000 $12,600,000 $23,430,000 Would therefore, probably, leave in the Treasury on the 1st January, 1S09, a balance of near eleven miliion.s of dollars 10,830000 $23,430,000 PUBLIC DEBT. It appears by the statement (T),) that the payments on account of the principal ofthe public debt have, during the year ending on the 30th day of September, 1S07, exceeded four million six hundred thousand dHlars ; making the total of public debt reimbursed from the 1st of Ai ril, 1S01, to the 1st of October, 1S07, about twenty-five million eight hundred and eighty thousand dollars, exclusively of more than six millions which have been paid during the same period in conformity with the provisions of the treaty and convention with Great Britain, and of the Louisiana convention. Of the twelve millions of dollars, which, according to ihe preceding estimates may be paid on account of the public debt between the 30th Septem her, 180,, and the 1st January, IS09, about eight millions will be on account of the principal. It must, how ver, be observed, that the unascertained result of the proposition made to the public creditors for a modification ofthe debt, may affect the amount payable during the year lb08, on account of both principal and interest. 1807.] SECRETARY OF THE TREASURY. 359 On the 1st day of January, 1809, the principal of the debt will, if the proposed modification be not assented to by the public creditors, amount to near fifty-seven million and five hundred thousand dollars: the subsequent annual payments thereon, on account of principal and interest, will not, exclusively of occasional purchases, exceed 4,600,000 dollars; and the whole of the debt (the nineteen millions three per cent, stock only excepted) will be reimbursed in sixteen years. A general subscription would reduce the capital to about fifty-one millions of dollars; the payments would amount to eight millions of dollars annually during six years, and average less than three millions during the seven following; at the end of which period the whole debt would be extinguished. An annual unappropriated surplus of at least three millions of dollars may henceforth be relied upon with great confidence. The receipts of the year 1808 have been estimated at 15,800.000, and the expenses at 12,60U,000 dollars. The permanent revenue has been computed at 14,500,000 dollars; and the permanent expenses predicated on au annual payment of eight millions of dollars on account of the debt, have been stated at 11.600,000 dollars. And as these would, if no modification of the debt shall take place, be reduced to less than 8,500,000, the annual surplus would then amount to six millions of dollars. Nor are the seven millions and a half of dollars which will remain in the Treasury at the end of the present year, included in the calculation. c What portion of that surplus may be wanted for necessary measures ot security and defence: what portion should be applied to internal improvements, which, while increasing and diffusing the national wealth, will strengthen the bonds of union; are subjects which do not fall within the province of the Treasury Department. But it is not improbable that, after making ample provision for both those objects, considerable surphrses, and which can no longer lie applied to the redemption of the debt, may still accumulate in the Treasury. . A previous accumulation of treasure in time of peace, might, in a great degree, defray the extraordinary expenses of war, and dimmish the necessity of either loans or additional taxes. It would provide, during periods of prosperity for those adverse events to which every nation is exposed, instead of increasing the burdens of the people at a time when they are least able to bear them, or of impairing by anticipations the resources ot ensuing generations. And the public moneys of the United States not being locked up and withdrawn from the general circulation, but, on the contrary, deposited iu banks, and continuing to form a part of the circulating medium, the most formidable objection to that system, which has nevertheless been at times adopted with considerable success an other countries, is thereby altogether removed. It is also believed that the renewal of the charter of the Bank of the United States may, amougst other advantages, afford to Government an opportunity of obtaining interest on the public depositcs, whenever they shall exceed a certain amount Should the United States, contrary to their expectation and desire, be involved in a war, it is believed that the 'receipts of the year 1808 will not be materially affected by the event, inasmuch as they will principally arise f r o m the revenue accrued during the present year. The amount of outstanding bonds due by importers, after deducting the debentures issued on account of reexportations, exceeds at this time sixteen millions of dollars. The deductions to be made from there, o'i account of subsequent re-exportations, would, in case 300 REPORTS OF T H E [1S07. of war, be less than usual; for exportations will then be checked as well as importations; and, in proportion as these will decrease, a greater home demand will be creatcd for the stock on hand, and the necessity of re-exporting be diminished. It has already been stated that the specie in the Treasury at the end ot this year, together with the surplus of the year 1808, will amount to near eleven millions of dollars: a sum probably adequate to meet the extraordinary expenses of a war for that year. It will also be recollected, that, in the estimated expenses of the year 1808, a reimbursement of near five millions and a half of the principal of the debt is included. The only provision therefore, wTiich may, under any contingency, lie necessary for the extraordinary service of that year, in order to cover any deficiency of revenue or increase of expenditure beyond what has hecn estimated, will be an authority to borrow a sum equal to that reimbursement. That the revenue of the United States will, in subsequent years, be considerably impaired by a war, neither can nor ought to be concealed. It is, on the contrary, necessary, in order to be prepared for the crisis, to take an eaTly view of the subject, and to examine the resources which should be selected for supplying the deficiency and defrayinir the extraordinary expenses. There are no data from which the extent of the defalcation can a: this moment be calculated, or even estimated. It will be sufficient to state, lst. That it appears necessary to provide a revenue at least equal to the annual expenses on a peace establishment, the interest of the existing debt, and the interest on the loans which may lie raised. 2dly. That thovc expenses, together with the interest of the debt, will, after the vonr 1808. amount to a sum less than seven millions of dollars; aniL therefore, that if the present revenue of 14.500,000 dollnrs shall not be diminished more than one-half by a war, it will still be adequate to that object, leaving only the interest of war-loans to be provided for. Whether taxes should lie raised to a greater amount, or loans lie altogether relied on, for defraying the expenses ot the war, is the next subject of consideration. Taxes are paid by the great mass of the citizens, and immediately affect almost every individual of the community: loans are supplied by capitals previously accumulated by a few individuals. In a country where the resources oi individuals are not generally and materially affected by the war, it is practicable and wise to raise by taxes the greater part, at least, of the annual supplies. The credit of a nation may also, from various circumstances, be at times so far impaired as to leave no resource but taxation. In both respects, the situation of the failed States is totally dissimilar A maritime war will, m the United States, generally and deeply affect, whilst it continues, the resources of individuals; as not only commercial profits will be curtailed, but principally because a great portion of the surphis of agricultural produce necessarily requires a foreign market. The reduced price of the principal articles exported from the United States, will operate more heavily than any contemplated tax. And without inquiring whether a similar cause may not still more deeply and permanently aflect a nation a t war with the United State*, it seems to follow that, so far a s relates to America, the losses and privations caused by the war should not be a*grayated by taxes beyond what is strictly necessary. An addition to the debt is doubtless an evil; but experience having now shown with what rapid 1807.] SECRETARY OF THE TREASURY. 361 progress the revenue of the Union increases in time of peace ; with what facility the debt, formerly contracted, has in a few years been reduced; a hope may confidently be entertained that all the evils of the war will be temporary and easily repaired; and that the return of peace will, without any effort, afford ample resources for reimbursing whatever may have been borrowed during the war. x The credit of the United States is also unimpaired, either at home or abroad ; and it is believed that loans to a reasonable amount may be obtained on eligible terms. Measures have been taken to ascertain to what extent this may be effected abroad. And it will be sufficient here to suggest, that the several banks of the United States may find it convenient, after the ensuing year, and as the diminished commerce of the couutry may require less capital, to loan to Government a considerable portion of their capital stock, now computed at about forty millions of dollars. It might be premature to enter into a particular detail of the several branches of revenue which may be selected in order to provide for the interest of war-loaus, and to cover deficiencies in case the existing revenue should fall below seven millions of dollars. A general enumeration seems at present sufficient. 1. Not only the duty on salt and the Mediterranean duties may be immediately revived, but the duties on importation generally, may, in case of war, be considerably increased—perhaps doubled—with less inconvenience than would arise from any other mode of taxation. Without resorting to the example of other nations, experience has proven that this source o( revenue is, in the United States, the most productive, the easiest to collect, and the least burdensome to the great mass of the people. In time of war, the danger of smuggling is diminished ; the scarcity of foreign articles prevents the duty ever "falling on tho importer; the consumers are precisely those members of the community who are best able to pay the duty; and the increase of d o m e s t i c manufactures, which may be indirectly effected, is in itself a desirable object. 2 Indirect taxes, however ineligible, will doubtless be cheerfully paid as irar taxes, if necessary. Several modifications of the system formerly adopted, might, however, be introduced, both in order to diminish some of the inconveniences which were experienced, and particularly to insure the collection of the duties. 3. Direct taxes are liable to a particular objection, arising from the unavoidable inequality produced by the general rule of the constitution. W hatever difference may exist between the relative wealth, and consequent ability of paying, of the several States, still the tax must necessarily be raised in proportion to their relative population. Should it, however, become necessary to resort to that resource, it is believed that a tax raised upon that species of property in each State, which by the State laws is liable to taxation, as had originally been contemplated by Congress, would be preferable to a general assessment, laid uniformly on the same species of property in all the States, as was ultimately adopted. All which is respectfully submitted. ALBERT GALLATIN, Secretary of the Treasury. TREASURY DEPARTMENT, November 5. 1807. A. SI 3tc \ f hMENT exhibiting the amount of duties which accrued on merchandise, tonnage, passports, and clearances; of debentures issued on the exportation of foreign merchandise ; of payments for bounties and allowances, and for expenses of collection, during the years 1805 and 1806. DUTIES ON YEARS. 1805 1806 Passports and clearances. Merchandise. Tonnage. 823,601,709 56 9 6 , 9 9 6 , 0 5 6 47 8215,731 20 219,329 37 a 818,951 00 20,318 00 Debentures issued. Bounties and allowances. 8 8 , 9 5 5 , 7 4 5 00 9 , 1 4 6 , 8 7 5 00 8190,674 01 198,751 02 Grass revenue fur the year 1806 Deduct interest and storage Gross rerenae, per statement B Gross revenue. Expenses of collection. Nett revenue. 8 1 4 , 6 8 9 , 9 7 5 72 a 17,189,076 82 8554,836 76 612,622 13 814,135,138 96 16,576,454 69 PC H w o 817,189,076 82 18,796 92 w 17,170,279 90 O H A STATEMENT of the amount of American and foreign tonnage employed in foreign taken from the records of the Treasury. tradttfor the year 1806, as Tons American tonnage in foreign trade Foreign tonnage Total amount of tonnage employed in the foreign trade of the United States . . . . 1,134,990 . 6.8 to 100 Proportion of foreign tonnage to the whole amount of tonnage employed in the foreign trade of the United States T R F . A B V H Y D E P A R T M E N T , Register's Office, November 1,014,005 90,985 4, 1807. JOSEPH NOURSE, Register. r. SECRETARY OF THE TREASURY. 1807.] 363 B .4 ST A TEMENT exhibiting the value and quantities, respectively, of merchandise on which duties actually accrued during the year 1806. [consisting of the difference between articles paying duty, imported, and those entitled to drawback, re-exported :) and, also, of the nett revenue which accrued, during that year, from duties on merchandise, tonnage, passports, and clearances. OOOIM r*viNO Dcnrji 35,844,748 dollars, at 8,372,52N do. 570,203 do. Additional AD VALOREM. 12* per cent. 15 do. 20 do. duty on $44,782,413, at 24 per ct. 84,480,593 1,965,879 114,040 1,119,560 50 20 60 32A 44,787,473 6,970,073 62 a Spirit*, 10,479.093 b Sugar. 73,318,619 c Salt, 3,184,099 d Wines, l,:wti,K38 t Teas 4,750,881 Ceffee, 17,345,188 Molasses, 8,533,590 f All other articles 3,074,398 1,843,199 636,819 521,527 966,686 867.259 426,679 1,014,841 gallons, at lbs. at bushels, at gallons, at lbs. at lbs. at gallons, at 29 Scents average 1S> cents average 20 cents 37.6cents average 20.3cents average 5 cents 5 cents 19 84 80 02 11 40 50 30 16,321,184 78 Deduct duties refunded, after deducting therefrom duties collected on merchandise, the particulars of which could not be ascertained, and difference in calculation 17,400 69 3 | per cent, retained on drawbacks Extra duty of 10 per cent, on merchandise imported in foreign vessels Nett amount of duties on merchandise Duties on tonnage Light money - - Duties on passports and clearances Sundry accounts not yet received, estimated at - S16,304,084 09 334,247 39 196,301 05 16,834,632 53 166,798 31 52,531 06 219,329 37 20,318 00 96,000 00 Grow revenue, as per statement A Deduct expenses of collection - 17,170,279 90 612,622 13 Nett revenue 16,557,657 77 - 364 REPORTS OF T H E [1S07. Explanatory Statements and Notes. A Additional duty of 2* per cent. . . . . . 34 per cent, retained on drawback . . . . . Eitra duly of 10 per cent, on merchandise imported ia foreign vcjocla Spirits— Grain, 1st proof, 2d do. 3d do. 4th do. Wi do. Other materials, 1st and 2d proof, 3d do. 4ih do. 5th do fch do 1,068,977 gallons, at 28 certs 15,253 do. do. 12,346 do. do. 126,469 do. do 1,746 da do. 1,684,99* do. do. 3,005,857 do. do do. 4,531,285 do. do. ll,9i* do. do. do. 174 10,479,093 Sugar, brown, 71,271,927 pounds, at 2* cents white, clayed 2,016,722 do. 3 do. 73.318.W9 -t Salt, imported, bushels of 56 pounds Exported . . Amount of bounties and allowances, 8198,751 02, reduced into bushels at the present " 4 26° 701 81,860 ' 993,755 1,078,605 faying duty, bnshcls of 56 pounds d Wines, Madeira, lst qoalitv 2d do. Sherry and St. Lucar Lisbon and Oporto Burgundy and Champagne Teneriflip. Faral.and Malaga Other, in bottles ua casks - 3,184,099 at 20 els. 289,431 gallons, at 58 cents 23,249 do. 50 do 312,122 «k>. 40 do. 472,722 do. 30 do. 6,315 do 45 do. 70,554 do. 28 do. 22,511 do 3ft do. 179,904 do. 23 do 1,386,838 Teas, Bohea 8ouchon? Hyson Other green - 393,990 pounds, at 12 1,534,115 do. 18 645,872 do. 32 2,176,974 do. 90 cents do do. do. 4,750,881 E u r a duty on teas imported from other places than India Explanatory Statements and Notes—Continued. Quantities. f All other articles, via: gallon* tiounds do. do. do. do. do. do. do. do. Fig* do. Raisins in jars, and Muscatel do. all uther do. Candles, tallow do. wax do. Cheese do. Soap do. Tallow do. Mace . . . do. Nutmegs do. Cinnamon do. Cloves - . do. Pepper do. Pimento do. Chinese cassia do. Tobacco, manufactured, other than snuff and cisrars do. Snuff da Indigo Beer, ale, and porter Cocoa . . . Chocolate Sugar candy loaf other refined, nnd lump Almonds Currants Prunes and plums Excess of im-1Excels of exportation over ; portaiionover exportation. ; importation. itt. 181,m:> 1,418,232 2,117 I.6TJ 3,180 97(1 282,517 372,097 60,470 408,110 773,308 '2,41*2,'2*21 173,8*20 6,254 862,846 819,241 1,755,841 2,620 173 9,149 24,318 1,818,617 468,008 181,802 6,638 16,562 964,163 Hate of duly. 8 2 3 Hi y 6J 2 o 2 2 9 11 2 6 7 2 11 125 50 20 20 6 4 4 6 10 25 Excess of duties over drawback. 811,545 28,361 63 1«0 8W» 63 5,65<> 7,411 1,989 8.16H 15,467 36,183 3,516 375 18,399 16,384 26,337 _ 86 _ _ 110,917 18,720 7,272 398 1,656 66,040 Excess of drawback overdutie*. 20 61 . 51 | 89 ! 20 44 31 94 58 1 98 96 31 40 21 . 22 82 6-2 S3 275 00 50 1 829 80 4 863 60 02 32 08 28 20 75 | Explanatory Statements and Notes—Continued. Quantities f All other articles—continued, v u : Cotton Powder, hair gun Starch Glue Pewter plates and dishes Anchors and sheet iron Slit and hoop iron Nails . Spikes Quicksilver Ochre, yellow, in oil dry Spanish brown w h i t e and red lead Lead, and manufactures Seines Cordage, tarred untarred T w i n e and packthread Glauber sails Coal Fish, dried pickled salmon mackerel other Digitized Cables for FRASER Excess of im- Excess of exportation over portation over exportation I importation. lead pounds do. do do. do do. do. da do. do. do do. do. do do. da do. do. do. cwt. do. bushels quintals barrels do. do. pounds 185,378 5,511 804,898 14,565 105,611 78,200 589,836 971,063 3,069,520 407,936 51,606 92,079 1I9.H3I 619,710 8,648,981 3,513,351 10 ,».:»l 206,096 47,291 3,361 103 311,146 919,319 6,868 14,756 16,971 30,512 Kate of duty. Cls. 3 31 400 200 5 50 100 60 40 9 Excess of duExcess of ties over drawback over drawback. duties. 823,561 990 8,192 436 4,224 3.12H 8,733 9,710 61,190 4,079 3,096 331 1,198 6,197 59,979 35,133 426 4,121 34 56 88 95 48 00 54 63 58 36 36 19 54 10 62 51 04 92 I,184 77 13,444 00 206 00 15,557 109,674 6,889 II,853 6,508 30 50 00 60 40 610 81 Total. JO n 50 O •fl aS n Steel Hemp . . . Glass, black quart bottles window, not above 8 by 10 10 by 19 all above 10 by 19 Cigars Lime Boots Shoes, silk • kid, morocco, Ac. all other Cards, wool and cotton playing cwt. do. gross 100 mj ft. do! M. casks pairs do. do. do. dozens packs 116,101 20,273 22,546 3,985 4,243 22,909 339 3,817 6,913 45,758 5,374 4 11,627 100 100 60 160 175 225 200 50 75 $5 15 10 50 25 19,998 116,101 12,163 36,073 6,973 9,546 45,938 169 2.862 1,798 6.863 637 2 2,906 00 00 80 60 75 75 00 50 75 96 70 40 00 75 81,024,809 70 F TREASURY to n o 73 M H 89,968 40 81,014,841 30 O 73 DEPARTMENT, Register's Office, November A, 1807. JOSEPH NOUR8E, Register. M -3 73 P3 & a js < CO OS c. STATEMENT of the lands sold in the districts of Marietta, Zanesville, Steubenville, Chillicothe, Cincinnati, and Vincennes, from 1st October, 1800, /o 30M September, 1807 ; showing, also, the amount of receipts from individuals, and payments made by receivers, during the same time, with the beilances due, both on October I, 1800, and October 1, 1807. l.AN Da SOLO. In the hands of receivers, October I, 18(H) orrtcM. Purchase money. Acres. Marietta Zanesville SteubenviUe Chillicothe Cincinnati Vincennes <168.1*51 37,258.851 36,525.67 40,178 111 191,284 01 45,265.3d $3,190 71,517 74,971 99,907 250,510 92,913 51J 711 34 ot; 01 011 y m . i f l o «f> orncti. From individuals. By receivers'. - #91,489 179,530 436,616 36-1,415 1,08*,060 60,169 73J 67J 9I| 68| 471 911 2,103,306 121 $1,554 8,791 61,SOI 59,778 112,357 26,507 41 98 30 56 86i I3| 273,791 9 0 35* 36} 101 4I| 32 $1,495 37,980 205,076 116,382 260,583 27,013 134 104 524 82 4H 071 $302 173 925 631 0,591 419 2,215,557 58f 1 680,661 44| 141 65| 2I| 241 33| 08 2 127,100 671 25 754 90 30 004 06 7,313 27 $9,801 544 35,981 594 11 • ;1 169,057 134 217,136 (Ml 901 991 • 34 « 607,781 00J $736 1,150 6,990 4,609 6,180 951 Repayments. 964 95 814 994 134 991 $117 06 2X1 42 5,802 60 520,923 451 6,260 08 K 2 S 3 CO C Paid into Treasury, in stock transferred to the United States • 85,i>55 81 Paid in specie, by warranto on receivers: For payments made by themselves . - {1627,015 23 For payments made by individuals . . . 22.908 47 -619,923 70 Payments by receivers, to be covered by warrants . 43.929 991 c.H; h Moners paid by individuals to Treasurer of Untied Slates, in I he year ending Sept. 30.1*07, included in the above amount of warrants'* for payments made by individuals," but not yet stated in the accounts of receivers 1,121 03 697,781 001 Total sales of land, from the opening of the land offices to 30th September, 1806 Amount s »ld since, as above stated . . PAYMENTS BY RECEIVER". On ac't of pur- On account of Into Treasury. The part for chnse money. forfeitures. expenses. Total balance due October 1, 1807. $26,037 1*8,322 498,451 424,191 1,198,418 91,677 RECE1ITS BY RECEIVERS I'KOM INPIVIOUAtJI. I, 1806. 57 $22,487 111 142,293 Oil 560,752 99* 417,891 991 1,096,133 289,630 62 IALANC* DCK ON ocTonsa 1, 1807. Marietta Zanesville Steubeaville Chillicothe Cincmnati Vineennes $9,558 7,302 91,160 89,101 99,481 Due by individuals, Oct. Total • Acres. 2,38u.Hi:t 961 284,180.29 Purchnse money. $-1,959,255 511 5HH.610 2HJ • 9,609,994.954 5,517,865 83 CO o S T A T E M E N T C—Continued. ESTIMA o r oo o TE showing when the instalments which compose the balance due by individuals Remaining due in 1807. Offices Becoming due in 1809 Becoming d o e in 1808 Becoming due in 1810. will become payable. Becoming due in 1811. Total. 8872 12,731 8,696 12,750 99,4® 23,053 821,482 179,530 136,616 364,415 1,086,060 65,169 GO - Marietta Zanesville 8teubenville Chillicothe Cincinnati Yincennes . * • - . . . . 1 - - -. - >4,5-14 12,534 32,679 27,865 237,G*H «n 54* 09| 171 4t>| P3 " 87,775 57,368 200,140 162,781 272,238 81,889 61,251 115,432 116,423 286,415 19,063 09i l'.>| 12) 07 101 i 315,312 12J 700,606 83 57| 4I{ 70 03 451 431 4 633,475 611 83,100 35,644 49,398 44,592 190,293 23,053 59 92 8-| 53t 25| 346,384 05 63) 35| 071 58 91 25| 157,527 80f 734 671 911 68J 471 94| O J» K H > 7S 2 , 1 5 3 , 3 0 6 421 H Note.—The latest r e t a i n s of sales «t Cincinnati is to 3 | s t August, 1807. TREASURY X F3 DEPARTMENT, Register's Office, November 5, 1807. JOSEPH NOURSE, Register. & ts c s to 3 C 2. o STATEMENT of lands sold in the Mississippi Territory, from the opening of the land offices to the latest returns received at the Treasury ; showing, also, the amount of receipts from individuals, and payments made by receivers during the same time, with the balance due. Lands sold. Receipts by receivers. Offices. Acres. West of Pearl river East of Pearl river - Balance due. On account On account Into the Trea- The part By receivers. From indiviwhich was for of purchase of forfeit duals. sury. • ures. expenses. money. 70,7(V>.50| $141,413 01 4,12500 8,950 00 74,831.80* EST!MA Purchase money. Payments by receivers. 115,663 01 - $35,687 01 9,062 50 810,050 92f ~ 176 56 | 37,719 51 10,227 4 8 | ( « ) TE shotting when the instalments which compose the balance due front individuals wilt become payable. 81,619 78 176 56 1,796 34 Total balance Pate of due. latest returns. 1807. 825,-636 081 8105,726 00 $131,362 08| July 31 I , » M 91 8,073 41 Feb. 28 6,187 50 27,522 021 1114)13 50 139,435 521 ( « ) Paid into the Treasury by warrant on receiver 84 ,395 6;> Amount to be covcrrd by warrants • 5,n3I 791 10,297 48| Offices. West of Pearl river East of Pearl river - O po w "T a Becominrdne in Been"'"" due in Becoming due in Total balance. 1811. I-10 1H09 $35,019 191 31,062 50 835,353 251 2,062 50 $35,353 251 9,062 50 37,081 991 37,415 751 37,415 751 TRKASVRY D C P A R T M U T , Office, November http://fraser.stlouisfed.org/ Hegiater's Federal Reserve Bank of St. Louis 6, 1 8 0 7 . $106,796 00 6,187 50 111,913 50 1 JOSEPH NOURSE, Register. CD O 1807.] SECRETARY OF THE TREASURY. 371 D. Total principal redeemed, from 1st April, 1801, t« 30th September, 1807. Redemption from 1st of April, 1801, to 30ih Sept., 1806, per the Secretary's report of 5th December, 1806. Redemption from 1st of October, 1806, to 30th September, 1807. AN ESTIMA TE of the principal redeemed of the debt of the United States, from the 1st October, 1806, to the 3Oth September, 1807, inclusively; showing" the redemption of the principal of the said debt, from the 1st April, 1301, to the 30th September, 1807. OV ACCOUNT or THE DOMESTIC DEBT. The amount of warrants issued on the Treasurer of the United Stales, on account of the interest of the domestic debt, of the retmbntsement of the old six per cent, aod deferred stock?, and of purchases of the eight per cent, and exchanged six per cent, stocks, from 1st October, 1806, to 30th September, 1«07, exclusive of $36,93! 49 repaid into the Treasury, and 82,499 63 commissions to agents purchasing slock, was - £5,834,423 03 Deduct interest which accrued during the same period, calculated quarteryearly - 32,923,195 87 And loss on the purchase of stock b 15,078 20 2,938,275 07 Reimbursement of the navy six per cent. stock Reimbursement of the five and a half per cent. stock Reimbursement of the four and a half per ecnt. stock Payments made in certificates of the debt of the United States, on account of lands Payments made to foreign officers, and for certain pans of the domestic debt Payments on account of domestic loans ON ACCOUNT O r THE FOREIGN DEBT Funds having previously been provided in Europe, the warrant* issued on the Treasurer of the United States for that object, from 1st October, 1803, to 30th September, 1807, were less than the amount of interest arising: the difference, therefore, forms a deduction. 52,896,147 96a $6,479,745 84 89,375,893 8 ) 711,700 00 711,700 00 1,847,500 00 1,847,500 00 176,000 00 176,000 CO 5,211 20 262,018 16 267,229 36 2,146 36 74,331 50 3,440,000 00 76,477 86 3,440,000 00 10,236,108 05 10,236,108 05 4,927,005 52 21,203,903 55 26,130,909 07 [1£07. REPORTS OK T H E 372 S T A T E M E N T D—Continued T h e interest accruing from 1st October. 1806, to 30th September, 1807, was, oo the Dutch debt, including commissions and charges * $66,632 60 On the Louisiana stock, including commissions 6, t .666 47 744,299 07 Amount of warrants, exclusive of $24,614 71 repaid into the Treasury, and $1,992 66 commissions to agents par. chasing bills of exchange, v.-as - $186,058 13 Add gain on exchange 9,427 58 495,485 71 $348,813 36 $24*.813 36 91,903,903 55 25,883,095 71 On account of annual reimbursement . . . . . Eight per cent, and exchanged six per cent stocks purchased • Moneys in the hands of agents purchasing stock . . . Moneys in the hands of the Treasurer of the United States, as agent to the Commissioners of the Sinking Fund . . . . 81,504.106 61 1,006,005 00 193*<60 80 Dollars a 1. 2. 3. 4. 4,678,199 16 191,815 55 $2,896,147 96 b The amount of eight per cent, purchased Exchanged six per cent purchased «716,0n0 cost 960,005 $1.006,006 Loss 767,231 25 253,851 95 1,021,083 90 1,006,005 00 815,078 20 TREASURY DEPARTMENT, Register's Office, November 5, 1807. JOSEPH NOURSE, Register I N D E X . A. Agriculture, the effect of funding the public debt on, 6. productiveness of, contrasted with manufactures, 78. promoted by manufactures, 88, 92, 104. Alloy, proportion of, used in gold and silver coinage, 135, 141. Why it is used in coinage, 142. Annuity proposed, as a plan for funding the public debt, 17, 43, 99. Army expenses of 1802, estimated, 222. of 1803, do 253. of 1804, do 263. of 1805, do 286. of 1806, do 298. from 1st April, 1801, to 31st March, 1805, 326. of 1807, estimated, 331. of 1808, do 358. paid, 374. of 1809, estimated, 375, 392. paid, 399. . (to J« from 1802 to 1807,420. of 1810, estimated, 400. paid, 421. of 1811, estimated, 423. paid, 443, 466. of 1812, estimated, 444. paid, 46S, 484. of 1813. estimated, 470, 489. paid, 490, 492, 499. of 1814, estimated, 500. paid, 523, 532. of 1815, estimated, 530. B. Balances in the Treasury, in 1801, 1802, 1803, 1804, 1805, 1806, 1807, 1808, 1809, 1810, 1811, 1812, 1813, 1814, 223, 224. 255. 263. 287. 298. 332. 357. 374. 391, 399. 422. 443. 468. 488, 499. 525. 554 INDEX. Bank, plan of a national, proposed, 54, 72. capital stock, of what a i u o u u t , and bow composed, 72. the United States may be a stockholder, 75. Bank of the United States, a renewal of the charter of; recommended, 3o9. Bank shares, dividends on, ill 1901, 221. sold, 254. proceeds of, 317. Banks, benefits resulting from, 55, 97. number of, in the United States ill 1790, 65. objections to, considered, 57. stock of, how composed, 59. favor the increase of the precious metals, 61. tend to lower the rate of interest, 67. • _ Bounties considered as a mean of encouraging manufactures, 110, 130. C. Claims of American citizens against Prance, amount of, assumed and paid, 264, 266, 288. Coffee, additional duty on, proposed, 22. imported and consumed from 1790 to 1798, quantity of, 241.—See Merchandise imported Coins, foreign, comparative vnlue of, 135. 142. circulation of, to be prohibited, 155. Coins of the United States, of what to be compow>d,tind how denominated, 152. Commercial restrictions, effects of, on the revenue in 1807-8, 398, 409. Commerce, benefited by funding the public debt, 5. promoted by manufactures, 90, 104. how affected by the French and British decrees, 376. Compensation of officers of Government in 1790,45. Connecticut, claim of, in 1789, 35. Creditors of the United States, not expedient to discriminate between the classes of the, 7. Credit.—See Public Credit. Customs, where paid, and the amount, from 1st April, 1801, to 31st Marcn, 1805, 319. , - it Debt, amount of interert on the domestic, from 1776 to 1791, 33. Debt.—See Public Debt. Debts due to States, to be assumed by the United States, 10, 28. suppositious account of the, 30. statement of the, 35. provision for liquidating, 164. Direct taxes, collected in 1901, 221. arrears of, in 1803, 263. receipts from, in 1801 to 1805, 317. receipts from, in 1814, 524, 526. an increase of the. recommended, 531.—See Revenue, ^nvds f* 555 INDEX. Drawback of duties, considered in reference to the encouragement of manufactures, 114. amount of, from 1790 to 1799,239. system of, proposed to be modified, 378.—See Merchandise imported. Dlilies, additional, proposed on wines, spirits, teas, and coffee, 22. Duties on imports, tariifof, proposed to be modified, 218,227. cost of collecting the, 218, 227. an increase of, proposed, 219,242, 378, 401, 424,448. Duties on imports and tonnage, estimated for 1790, 53. ^ for 1795.170. Duties.—See Internal Duties, Protecting Duties, Imports, Merchandise. Dutch debt, created in 1790, 166. amount of, in 1794, 206. amount of, in 1802, 225. instalments payable to 1809, 250. difficulties in remitting instalments of the, 254, <2b0. amount of the, in 1803,276. R Embargo, its effects upon the revenue considered, 377, 503. Estimates of receipts and expenditures for 1791, 45, 53. 1795,170,18o,2l4. 1801-2, 222. 1802-3, 253. 1803-4. 263. 1804-5, 286. 1805-6, 298. 1806-7, 331. 1807-8, 357. 1808-9, 375. 1809-10, 399. 1810-11, 422. 1811-12,444,448. 1812-13, 469. 1813-14,488, 500. 1814-15, 526, 530. Exemption of nujeriajs materials ^ for manmawun» ^ Expenditures.—See Receipts and Expenditures. Exportation.—Sec Re-exportation. ^ < F Finances, ,he effects of a nationalbauk in administering.be, centered, 54. Finances, state of the. in 1801, erK> 11802, 1803, 1804, 1805, 1806, 1807, 1^08, 1809; 21b. in'2. 252. 262. 285. 297. 331. 356. 373. (June,) 391. 556 INDEX. Finances, state of the, in 1809, (December.) 398. 1810, 421. 1811, 443. 1812,468. 1813, (June,) 48$. 1813, (December,) 499. 1814, 523. Fisheries, benefited by manufactures, 107. Florida, imports and exports to and from, for tho years 1799 to ISO2.20a, 281 to 284. Foreign intercourse, expenses of, from 1801 to 1805, 325 — See Receipts and Expenditure*. Foreign officers, provision made in 1792, for paying certam, 166. France, claims against, assumed by the United Stales, and paid, 264 6,288. Frauds on the revenue, how prevented, 23. Funding system established in 1790, 165. G. Gold and silver, amount of, increased by establishing banks, 55. proportion of, in the United Stales, in 1790, esumated. 141. 1. Imported articles, and the duty on each.—See Merchandise imported. Imports from Great Britain in 1810, duties accrued on, 456. a table of duties chargeablo on, in 1801, 227. Imports, value and quantity of, from 1790 to 1800, 229 to 238. amount of duties accrued on, from 1790 to 1799, 239. _ quantity of consumed in the United States from 1790 to duties accrued on, from October 1800, to October 1802, 259, 268. duties accrued on, in the years 1802 and 1803, 290. 1801 to 1804,297.302,311. 1804 and 1805, 337. 1805 and 1806,362. 1806 and 1807,379. 1807 and 1808,403. 1808 and 1WI9, 426. 1809 and 1810, 451. 1810 and 1811, 47S. 1811 and 1812, 505. 1812 and 1 8 1 3 , 5 4 4 . — c h a n dise imported. Incidental revenues received from lst April, 1801, to 31st March, lbuo, o —See Revenue. Internal duties created in 1794,159. Internal duties, receipts from in 1800, 218, 243. cost of collection, 219. receipts from, in 1801 to 1805,317. outstanding, amount of in 1803, 263 proposed to be increased, 531.—See R»v*nvr . Internal improvements, surplus revenue maybe applnxl to, 359. Inventions and discoveries promote manufactures, 114. „ INDEX. 557 L. I^ands.—See Public Lands. Laws creating revenue, and providing for the public debt, reviewed 157 Limitation act, passed in 1793, 167. Loan recommended to supply a deficiency in the receipts. 392, 400 423 418, 471, 491. ' ' ' ' Loans, foreign, amount of on 31st December, 1789, 31. Loans preferred to taxes to meet the exigencies of a war, 377, 401. Loans, amount received from, in 1810, 443. 1812, 468, 486. 1813, 488, 492. 499, 516. 1814, 524, 527.—See Revenue. I*oans, term3 on which they were obtained, 441, 491, 492 to 49S; 519 to 522, 528 ; 535 to 540. l»uisiana, provision for the purchase of, 264. imports and exports to and from, for the years 1796 to 1802, 265, 281 to 284. M. Manufactures benefited by funding the public debt, 6. expediency of encouraging, 78. advantages of, 85. encourage emigration, 87. effects of, on commerce and agriculture, 90. objections to encouraging, considered, 91, 103, 107. progress of, in the United States, 102. necessary to the independence of a country, 106. sectional jealousies on the subject of, considered, 107. how to be protected, 109. materials for. exempted from duty, effect of, 113. articles of, requiring particular encouragement, 118. Massachusetts, amount due to, in 1789, 35. Mediterranean fund, created, and estimated product of the, for 1805, 286. duties constituting the, cease 1st January, 1809, 356. a continuation of the, recommended, 378,401,424,448. annual amount of.—See Merchandise imported, and Revenue. Merchandise imported and consumed, from 1790 to 1S00, 237, 241. (paving ad valorem duties) in 1795 to 1800, 234. (the quantity re-exported deducted) in 1801, 312. 1 1 1802,270. 1803, 291. 1804, 303. 1805, 338. 1806, 368. 1807, 380. 1808, 404. re-exported in 1807 and 1808, 409. imported, (the quantity reexported deducted,) in 1809, 427. 1811', 474. 1812, 506. 1813, 545. 152 INDEX. Mint, plan for the establishment of a, 133. expenses of a, how defrayed, 143, 150. Molasws^np^rted and" consumed from 1790 U> 1793, quantity of, 211. See Merchandise imjxjrled. N. National bank proposed to be established, 54. Navy expenses of 1802, estimated, 222. 1803, do 253. 1804. do 263. 1S05, do 2S6. 1806, do 298. from 1st April. 1801, to 31st Maxell, 1S05, 327. of 1807, estimated, 331. 1808, do 358. paid, 374. 1S09, estimated, 375, 392. paid, 399. from 1802 to 1807, 420. of 1810, estimated. 400. paid, 421. 1811, estimated. 423. paid, 443, 466. 1812, estimated, 441. paid, 468, 484. 1813, estimated, 470, 489. paid, 490, 492, 499. 1814, estimated, 500. paid, 523, 532. 1815, estimated, 530. New Jersey, claim of, in 1789, 35. New York, claim of, in 1789, 35. Non-importation act, modification of the, proposed. 425. O. I Officers of Government, compensation allowed to the, in 1790, 45. P. Paper money, the expediency of emitting, considered, 64. Passports and clearances, amount of revenue derived from, in 1790 1798, 241—See Merchandise imported. Penalties and forfeitures for infractions ofthe revenue laws, to be distrimted to informers and custom-house officers, 425.—See Revenue. Postage of letters, receipts from, in 1901 to 1805, 317.--See Revenue. Post Office, revenue derived from the, to be applied to the sinking fond, review ofthe law establishing the, 159. Premiums, effect of granung, on agriculture and manufactures, 113. INDEX. 559 Protecting duties on imports considered as a bounty on domestic fabrics, 109. the constitutional power to levy considered, 112. Prohibitions of imports and exports may be resorted to for the encouragement and protection of manufactures, 109. Public credit, plans for the support of, 3, 157,172. a national bank necessary to the support of, 54. essential to the prosperity of the nation, 197. defined, 198. Public debt, advantages of funding the, 5, 98. nature of the provisions for funding the, 7,161. of what it consists, 14, 168, 347. plans for funding the, 17, 43, 45, 161. plans for redeeming the, 22, 27, 165. may constitute a part of the capital of a national bank, 72, 75, 157. laws relating to the, reviewed, 157. plan for completing the system for liquidating the, 173. revenues pledged for the payment of the, 168. amount of foreigu and domestic, in 1790, 14, 22, 31, 33. 1795, 169, 201 to 210. 1802, 223, 248, 250, 279. when it may be redeemed, estimated, 172, 225, 251, 354. amount paid, in 1802, 254. 1803, 264, 276. 1804,288,296. 1805. 299, 310. from Apr. 1.1801, to March 31,1805,328,329,333. in 1806, 333, 345. plan for consolidating the, proposed, 333,347 to 3oo. amount of the, in 1806, 349. KK Q94 0 f ; i Q estimated amount that maybe paid, m 1809 to 1824,354,3^. amount paid in 1807, 358, 371. in 1811, 445,461. from April 1, 1801, to January 1,1812, 463. amount on Januan; 1, 1812, 446, 464. amount paid m 1812, 468,480. ^ 1814, 534. tt^^TT^Jl pu„, a., j S ^ f f i f f i S S 1795 and 4801, 1 f i 219 244 proceeds of the, pledged for the public debt, 163. S d t o l 8 0 1 , 220, 246. intrusions on the, to be prevented, 221. sold in 1802, 252, 257. 560 INDEX. Public lands, sold in 1S03, 262, 274. 1904, 285, 291, 315. 1905, 297, 309. receipts from, in f W l to 1905, 31 / . sold in 1806, 331, 34s. 1907, 356. 368. 1908. 373, 385. 1809.398, 411. sold from 1800 to 18(0, 421, 432. sold in 1811,448. , tI . JJO may be applied as & bounty to soldiers enlisting, 448. sold in 1812, 478. 1813, 511. lbl-1,550. * m Public vessels sold, 222. I ] 3 | R. Receipts and expenditures, estimated for 1790, 45, 53. 1795, 170. comparative view of the, for 1795, 214. in 1801, 216. 1802, 252. 1803. 262. 1804,285. ^ from April 'l, 1801, to March 31, 1805, 317 to 330. in 1806, 331. 1807, 356. 1808.373. 1809. 391, 395, 398, 419. 1810, 421, 438. 1811,443. 466. 1812, 468, 482, 486. 1813, 488, 492, 499, 616, 532. 1814, 523, 533. Re-exportation of foreign merchandise in 1807 and 1908, 409. Revenue, frauds of the, how to be prevented, 23. plan for increasing the, 24. laws relating to, reviewed, 157. for what purposes pledg*»d, 168. how to be increased in the event of war, 361, 378. an increase of, proposed, 219, 242, 378, 401, 424, 448, W4from what sources derived, and the amount m 1795, * 1801,216- ' s „lT 1901 to 1806,317, 322. 1808,395. 1809, 419. 1810, 438. 1811, 466. v INDEX. 561 Revenue, from what sources derived, and the amount in 1812,482,492. 1813, 492, 516, 518. 1814, 532-3. See Receipts and expenditures. S. Salt imported and exported from 1790 to 1800, 233. and consumed from 1790 to 1798, quantity of, 241.—See Merchandise imported. Salt duty expires lst January, 1808,356. a renewal of the, recommended, 449, 490.—See Merchandise imported. Sinking fund, plan of a, proposed, 27. established in 1790, 165, 171. made permanent in 1792, 166, 169. operations January, proceedingsofofthe, the,toinlst1802, 260. 1795, 167, 1/1, -411. state of the, in 1806, 346. in 1810, 440. in 1813, 498. South Carolina, claim of, in 1789, 36. Specie increased by the operation of banks, 55. Si>ecie payments suspended by banks, 529. S & 3 mortal o ' W - S e e Merchandise imported. Snirits foreign and domestic, additional duties proposed on, M. Stampdutiesexpire 4th March 1803 218, 2 2 1 . - ^ / ^ , State debts, ought to be assumed by the Union, 14, 28, 30. amount of; estimated, So, fb. provision for liquidating the, 164. S ^ i ^ E S S S S r E S b T l W S u r p K ^ y C f t * 'o — ' quantity of, 2 4 , - S , - P — S ' 359 ' T. J KO I^IHPW 449. 490.—See Direct taxes. Taxes, internal, proposed to be hmea - S e e Merchandise >mPorlJ r - f r o m 1 7 9 0 to 1799, 240. Tonnage, amount of American and foreign, from 17W to ^ ^ Tot, i.—36 in 1803, 290. 1804, 302. 1805, 337. 1806, 362. 1807, 379. 1808, 394, 403. INDEX. Tonnage, amount of American and foreign, in 1909, 426. 181 li 473. 1812, 605. 1813, 544. Tontine, proposed as a plan for funding the public debt, 20, 45. Treasury notes, amount authorized in 1812, 469, 492. treasury u 1813,492.499,518. 1814, 525. 529, 532, 541-2. in circulation in 1914, 529. an increase of the rate of interest on, proposed. 530. y. Virginia, claims of, in 1789. 36. W. Wines, additional duties proposed on, 22. imported and consumed, quantity of, from 1790 to 1799, 241.Maxhandisc imported. END OF T H E F I R S T VOLVME.