A successor to our deceased minister has been
appointed and is ready to proceed on his mission. The course which he
will pursue in fulfilling it is that prescribed by a steady regard to
the true interests of the United States, which equally avoids an
abandonment of their just demands and a connection of their fortunes
with the systems of other powers.
The receipts in the Treasury from the 1st of October to the 31st day of
March last, including the sums received on account of Treasury notes and
of the loans authorized by the acts of the last and the preceding
sessions of Congress, have amounted to $15,412,000. The expenditures
during the same period amounted to $15,920,000, and left in the Treasury
on the 1st of April the sum of $1,857,000. The loan of $16,000,000,
authorized by the act of the 8th of February last, has been contracted
for. Of that sum more than $1,000,000 had been paid into the Treasury
prior to the 1st of April, and formed a part of the receipts as above
stated. The remainder of that loan, amounting to near $15,000,000, with
the sum of $5,000,000 authorized to be issued in Treasury notes, and the
estimated receipts from the customs and the sales of public lands,
amounting to $9,300,000, and making, in the whole, $29,300,000, to
be received during the last nine months of the present year, will
be necessary to meet the expenditures already authorized and the
engagements contracted in relation to the public debt.
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