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The public expenditures during the fiscal year ending June 30, 1858, amounted to $81,585,667.76, of which $9,684,537.99 were applied to the payment of the public debt and the redemption of Treasury notes with the interest thereon, leaving in the Treasury on July 1, 1858, being the commencement of the present fiscal year, $6,398,316.10.
This increase reflects chiefly payment of interest on additions to the debt this year. Assuming continuance of present interest rates, the Government's interest bill is now reaching the probable postwar level. An estimated total of 1,585 million dollars of refunds will be paid to individuals and corporations during the fiscal year 1947.
The balance in the Treasury on the first of January last was $5,201,650.43; the receipts from that time to the 30th of September last were $19,585,932.50; the receipts of the current quarter, estimated at $6,000,000, yield, with the sums already received, a revenue of about $25,500,000 for the year; the expenditures for the first 3 quarters of the year have amounted to $18,714,226.66; the expenditures of the current quarter are expected, including the $2,000,000 of the principal of the debt to be paid, to balance the receipts; so that the expense of the year, amounting to upward of $1,000,000 less than its income, will leave a proportionally increased balance in the Treasury on January 1st, 1827, over that of the first of January last; instead of $5,200,000 there will be $6,400,000.
Principal $27,236,512.00 Interest 31,211,691.75 Total $58,448,203.75 $12,891,900.19 Less Sinking Fund 18,194,618.26 6,303,000.00 Balance due $40,253,585.49 $6,588,900.19 and these amounts were accordingly turned over to the United States Government closing the account.
As a reward for their services, the latter received from Honorius, Aquitaine in Gaul, as far as the Loire and the Rhone, with Toulouse for their capital. They conquered the Suevi in 456, and in 585 subjugated them; in 507 the Franks had driven them out of Gaul. Early in the fifth century the Burgundian kingdom grew up in South-eastern Gaul.
William Ford Nichols, D.D., Bishop, has its eighty-one clergymen, with its eighty-six parishes and missions, and 8,585 communicants. Los Angeles, Right Rev. Joseph Horsfall Johnson, D.D., Bishop, has its forty-nine clergy, with its fifty-six parishes and missions, and 4,577 communicants; while Sacramento, Right Rev.
The report of the Postmaster-General contains a full and clear statement of the operations and condition of the Post-Office Department. The ordinary revenues of the Department for the fiscal year ending June 30, 1877, including receipts from the money-order business and from official stamps and stamped envelopes, amounted to the sum of $27,531,585.26.
On the 1st day of July, 1893, this sum had been reduced to $585,137,100, or an aggregate reduction of $1,747,294,108. The interest-bearing debt of the United States on the 1st day of December, 1897, was $847,365,620.
The report of the Postmaster-General contains a full and clear statement of the operations and condition of the Post-Office Department. The ordinary revenues of the Department for the fiscal year ending June 30, 1877, including receipts from the money-order business and from official stamps and stamped envelopes, amounted to the sum of $27,531,585.26.
Commercial operations had, however, been tolerably brisk. 585 vessels of 147,754 tons had arrived from sea, in 1820, and 7 new vessels had been built at Quebec. £674,556 worth of merchandise had been imported. Lord Dalhousie met the legislature of Lower Canada on the 14th of December. Mr. Papineau was re-elected Speaker and approved of when the Governor-in-Chief opened the business of the session.
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