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The ship Sarah of Nantucket, after a three years' cruise, brought back 3497 barrels of sperm oil which sold for $89,000, and the William Hamilton of New Bedford set another high mark by stowing 4181 barrels of a value of $109,269. The Pioneer of New London, Captain Ebenezer Morgan, was away only a year and stocked a cargo of oil and whalebone which sold for $150,060.
Other requirements, exclusive of the Post Office which is virtually self-sustaining, brought the appropriations for the current year up to almost $3,100,060,000. This shows an expenditure of close to $30 for every inhabitant of our country. For the average family of five it means a tax, directly or indirectly paid, of about $150 for national purposes alone. The local tax adds much more.
The probable expenditures of the remaining three quarters to 30th June, 1858, are $51,248,530.04, including interest on the public debt, making an aggregate of $74,963,058.41, leaving an estimated balance in the Treasury at the close of the present fiscal year of $426,875.67. The amount of the public debt at the commencement of the present fiscal year was $29,060,386.90.
The experiment of printing the Consular Reports daily for immediate use by trade bodies, exporters, and the press, which was begun in January, 1898, continues to give general satisfaction. It is gratifying to be able to state that the surplus revenues for the fiscal year ended June 30, 1900, were $79,527,060.18.
By June 30, 1912, homestead entries had increased to 127,800,000 acres; timber and stone entries to 13,060,000 acres; forest reserves to 187,400,000 acres, and there was left 682,984,762 acres, more than half of which was in Alaska; that is, of the billion and a half of acres, exclusive of Alaska, over a billion have been sold to private uses, granted in aid of private enterprises, used for public improvements, appropriated forever to public uses, or given to the support of education.
Iowa 11,340 18 12,105 Steel Indiana 10,288 16 9,738 Steel Massachusetts 10,288 16 10,403 Steel Oregon 10,288 16 11,111 Steel Brooklyn 9,215 20 18,769 Steel New York 8,200 18 17,401 Steel Columbia 7,375 11 18,509 Steel Minneapolis 7,375 11 20,862 Steel Texas 6,315 8 8,610 Steel Puritan 6,060 10 3,700 Iron Olympia 5,870 14 17,313 Steel
The expenditures of that Department for the year ending 30th June last were $9,060,268.58, The estimates for the year commencing 1st July next and ending June 30, 1853, are $7,898,775.83, showing a reductions of $1,161,492.75, The board of commissioners to whom the management of the affairs of the military asylum created by the act of 3d March last was intrusted have selected a site for the establishment of an asylum in the vicinity of this city, which has been approved by me subject to the production of a satisfactory title.
Funded loan of 1891 continued at 2 per cent . . . . . . . . .$ 25,364,500 $ 25,364,500 100.00 Four per cent funded loan of 1907 . . . . . . . . . 545,342,950 478,195,600 87.69 Five per cent loan of 1904 . . . . . . . . . 95,009,700 64,615,650 68.01 Four per cent loan of 1925 . . . . . . . . . 162,315,400 117,997,200 72.70 Three per cent ten-twenties of 1898 . . . . . . . . . 168,679,000 109,450,060 55.09
Before retiring for the night, he sat for some time ciphering on the back of an envelope and kept putting down "$1,000, $500, $560; $560, $500, $1,000; $500, $560, $1,000; $500, $1,000, $560," but as the result of the addition was never over $2,060, whatever way he put it, and as the stipend he received for his labors in the law offices of Brockelsby and Brockman was but $26 a month, he did not feel that he had any business to snatch the young lady of Englewood to his breast and tell her of his love and his bank account.
A group of belligerents representing only 5,921,000 square kilometres of territory and 150,199,000 inhabitants, or, say, 4 per cent. of dry land and 9·1 per cent. of human beings, would not have held its own for twenty-one months against a group disposing of 68,031,000 square kilometres of territory and a population of 770,060,000, or 46 per cent. of the land on the globe and 47 per cent. of the human race.
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