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Thus far only about 13 billion dollars of the ultimate surplus, including 5 billion dollars of unsalable aircraft, has been declared. Of this amount, 2.3 billion dollars have been disposed of, in sales yielding 600 million dollars. The tremendous job of handling surplus stocks will continue to affect Federal expenditures and receipts for several years.
I will not deny, either, that our household expenditures have cost several millions, and have greatly exceeded our income. But the lovely Countess Esterhazy has a right to exceed all other women in the splendor of her concerts and balls, and the richness of her dress. Come, make me amends for the past I forgive you. There is still time to " "No!" exclaimed she, "the time went by four years ago.
The estimated expenditures during the next fiscal year, ending June 30, 1860, are $73,139,147.46, which leaves a deficit of estimated means, compared with the estimated expenditures, for that year, commencing on July 1, 1859, of $4,075,848.89.
No money shall be drawn from the treasury, but in consequence of appropriations made by law: and a regular statement and account of the receipts and expenditures of all public money shall be published from time to time.
With a determination, so far as depends on me, to continue this reduction, I have directed the estimates for 1840 to be subjected to the severest scrutiny and to be limited to the absolute requirements of the public service. They will be found less than the expenditures of 1839 by over $5,000,000.
Times were so bad that he could not be expected, under the most favourable circumstances, to consume much cake in the stalls or make much manure in that way. One by one extra expenditures were cut off. Gates, instead of being repaired, were propped up by running a pole across. Labour was eschewed in every possible way. Hedges were left uncut; ditches were left uncleaned.
This can only be accomplished by strictly confining the appropriations within the estimates of the different Departments, without making an allowance for any additional expenditures which Congress may think proper, in their discretion, to authorize, and without providing for the redemption of any portion of the $20,000,000 of Treasury notes which have been already issued.
Isobel had said that the other girls were making their own costumes she knew that the faculty disliked any extravagance or great expenditures of money in any of the school affairs might it not have been better to have helped Isobel fashion something simple and pretty at home? Then when she watched Isobel's flushed, happy face, radiantly pretty, she smothered her doubt.
These favorable results are in part owing to the cessation of mail service in the insurrectionary States and in part to a careful review of all expenditures in that Department in the interest of economy. The efficiency of the postal service, it is believed, has also been much improved.
"This sum," the Secretary says, "does not include such amounts as may be appropriated by Congress over and above the estimates submitted to them by the Departments, and I have no data on which to estimate for such expenditures. Upon this point Congress is better able to form a correct opinion than I am."
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