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Updated: May 17, 2025
It will be seen from the accompanying report of the Commissioner of Pensions that there will be required for the payment of navy pensions on the 1st of July next $88,706.06-1/3, and on the 1st of January, 1842, the sum of $69,000.
In addition to these sums, about $6,000 will be required to pay arrears of pensions which will probably be allowed between the 1st of July and the 1st of January, 1842, making in the whole $163,706.06-1/3. To meet these payments there is within the control of the Department the sum of $28,040, leaving a deficiency of $139,666.06-1/3.
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