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From profits on coinage, bullion deposits, and assays 4,116,693.73 From Indian trust funds 5,705,243.22 From deposits by individuals for surveying public lands 2,052,306.36 From revenues of the District of Columbia 1,715,176.41 From miscellaneous sources 3,383,445.43 Total ordinary receipts 403,525,250.28 The ordinary expenditures for the same period were
"Our boasted financial stamina in outlasting our opponents is going fast to ruin in excessive expenditures in enterprises which, if they ever had any hope of success, now have been finally robbed of all such hope. "A good gambler, when he loses much, can afford to stop. He waits for a turn in his luck and a fresh pack of cards, and clears off for another table.
She purposed to enjoy life as best she could; and as she could not have done this quite selfishly and been happy, she included among her yearly expenditures a certain admirable charity presided over by her equally admirable sister, and even visited it occasionally with her friends when a serious mood descended abruptly upon them....She was now on the threshold of her second beautiful youth, and found herself and life far more interesting than when, a silly girl of eighteen, she had believed that all life and romance must be crowded into that callow period.
Nevertheless, the civil and miscellaneous expenses of the government grew steadily. Under the Federalist administration, the total expenditures in time of peace, exclusive of interest, had never been more than $3,000,000; in 1802 Gallatin spent $3,700,000, and in 1809 $7,500,000.
His allowances came regularly every month, through the hands of Cockburn, who had known him in London, and whose bank cashed McFudd's remittances a fact which enabled my lord to a greater extent than the others to keep an eye on the Irishman's movements and expenditures.
I will at this time, however, mention that the Budget estimates of receipts and expenditures for the current year were formulated by the Treasury and the Budget Bureau at a time when it was impossible to forecast the severity of the business depression and have been most seriously affected by it.
He examines and adjusts accounts and claims against the state, and superintends the collection of moneys due the state. And he reports to the legislature or other proper officers, a statement of the funds of the state, and of its income and expenditures during each year.
The increased cost of transportation, growing out of the expansion of the service required by Congress, explains this rapid augmentation of the expenditures. It is gratifying, however, to observe an increase of receipts for the year ending on the 30th of June, 1859, equal to $481,691.21 compared with those in the year ending on the 30th June, 1858.
It includes also expenditures of the legislative branch, the Judiciary, and many of the independent agencies of the executive branch. Consequently, the estimated increase in 1947 in the total of general government expenditures reflects a variety of influences. Now included in general government are certain activities formerly classified under national defense.
It is our true policy to increase our revenue so as to equal our expenditures. It would be ruinous to continue to borrow. Besides, it may be proper to observe that the incidental protection thus afforded by a revenue tariff would at the present moment to some extent increase the confidence of the manufacturing interests and give a fresh impulse to our reviving business.
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