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The estimate for pension expenditures for the fiscal year ending June 30, 1893, is $144,956,000, which, after a careful examination of the subject, the Commissioner is of the opinion will be sufficient. While these disbursements to the disabled soldiers of the great Civil War are large, they do not realize the exaggerated estimates of those who oppose this beneficent legislation.

The Secretary of the Treasury will lay before you a full and detailed report of the receipts and disbursements of the last fiscal year, of the first quarter of the present fiscal year, of the probable receipts and expenditures for the other three quarters, and the estimates for the year following the 30th of June, 1866.

While we foresee with confidence that the public coffers will be replenished from the receipts as fast as they will be drained by the expenditures, equal in amount to those of the current year, it should not be forgotten that they could ill suffer the exhaustion of larger disbursements.

My Lord's passionateness for want thereof, and his want of coming in of rents, and no wages from the Duke of York. No money to be had there for wages nor disbursements, and therefore prays my assistance about his pension.

"But," says the old man, "I have one piece of news to tell you, which perhaps may not be so acceptable to you as the rest; and that is, that believing you were lost, and all the world believing so also, your partner and trustees did offer to account to me in your name, for six or eight of the first years of profit, which I received; but there being at that time," says he, "great disbursements for increasing the works, building an ingenio and buying slaves, it did not amount to near so much as afterwards it produced: however," says the old man, "I shall give you a true account of what I have received in all, and how I have disposed of it."

According to this scheme the elector palatine, John Casimir, had promised to furnish, equip, and pay 2000 cavalry, taking the town of Maestricht and the country of Limburg, when freed from the enemy, in pawn for his disbursements; while Antwerp and Brabant had agreed to supply 300,000 crowns in ready money for immediate use.

The big-fisted brute can't write a hand that anybody could read. But, still, he should have dictated a letter, Skinner. The least he might have done was to say: 'Enclosed herewith find my report of disbursements for last voyage. And then he could have slipped in some mild complaint about the creosote, the trouble he had in getting a crew, and so on.

This finally came to be so urgent that it even involved an effort to circumscribe the futile activities. In view of the provisions of Mr. Royston's will no portion of the minor's estate could be used to defray the extremely lavish expenses that the thoroughness and extent of the search involved. All the large disbursements of money came from Mrs. Royston's own share of her husband's fortune.

Gobseck's peculiar genius had then devised an agency for discounting the planters' claims on the government. The business was carried on under the names of Werbrust and Gigonnet, with whom he shared the spoil without disbursements, for his knowledge was accepted instead of capital.

Direct disbursements to the veteran or his dependents exceeding $21,000,000 have resulted, which otherwise would not have been made. The degree of utilization of our hospitals has increased through making facilities available to the incapacitated veteran regardless of service origin of the disability. This new legislation also has brought about a marked improvement of service to the veteran.