Although the embarrassments arising from the want of an uniform national
currency have not been diminished since the adjournment of Congress,
great satisfaction has been derived in contemplating the revival of the
public credit and the efficiency of the public resources. The receipts
into the Treasury from the various branches of revenue during the nine
months ending on the 30th of September last have been estimated at
$12,500,000; the issues of Treasury notes of every denomination during
the same period amounted to the sum of $14,000,000, and there was also
obtained upon loan during the same period a sum of $9,000,000 of which
the sum of $6,000,000 was subscribed in cash and the sum of $3,000,000
in Treasury notes. With these means, added to the sum of $1,500,000,
being the balance of money in the Treasury on the 1st day of January,
there has been paid between the 1st of January and the 1st of October on
account of the appropriations of the preceding and of the present year
(exclusively of the amount of the Treasury notes subscribed to the loan
and of the amount redeemed in the payment of duties and taxes) the
aggregate sum of $33,500,000, leaving a balance then in the Treasury
estimated at the sum of $3,000,000. Independent, however, of the
arrearages due for military services and supplies, it is presumed that
a further sum of $5,000,000, including the interest on the public debt
payable on the 1st of January next, will be demanded at the Treasury
to complete the expenditures of the present year, and for which the
existing ways and means will sufficiently provide.
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