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Updated: June 2, 2025
It is shown by the able and comprehensive report of the Secretary of the Treasury that the receipts for the fiscal year ending June 30, 1868, were $405,638,083, and that the expenditures for the same period were $377,340,284, leaving in the Treasury a surplus of $28,297,798.
Without attempting to enumerate all, it will be conceded that there should be deducted from those which it includes 375,143 carpenters and joiners, 285,401 milliners, dressmakers, and seamstresses, 172,726 blacksmiths, 133,756 tailors and tailoresses, 102,473 masons, 76,241 butchers, 41,309 bakers, 22,083 plasterers, and 4,891 engaged in manufacturing agricultural implements, amounting in the aggregate to 1,214,023, leaving 2,623,089 persons employed in such manufacturing industries as are claimed to be benefited by a high tariff.
The amount of the public debt, less cash in the Treasury, November 1, 1878, was $2,024,200,083.18 a reduction since the same date last year of $23,150,617.39. The progress made during the last year in refunding the public debt at lower rates of interest is very gratifying.
Without attempting to enumerate all, it will be conceded that there should be deducted from those which it includes 375,143 carpenters and joiners, 285,401 milliners, dressmakers, and seamstresses, 172,726 blacksmiths, 133,756 tailors and tailoresses, 102,473 masons, 76,241 butchers, 41,309 bakers, 22,083 plasterers, and 4,891 engaged in manufacturing agricultural implements, amounting in the aggregate to 1,214,023, leaving 2,623,089 persons employed in such manufacturing industries as are claimed to be benefited by a high tariff.
The whole number of children attending public schools was 117,186, and the number educated in private schools and academies was 25,083. The expense, therefore, was $7.67 per pupil in the private schools, and only $1.93 each in the public schools. These facts are indicative of the condition of public sentiment.
By means of signals they could be informed where to direct their shots. During the succeeding nights the enemy blew up Fort Caswell on the opposite side of Cape Fear River, and abandoned two extensive works on Smith's Island in the river. Our captures in all amounted to 169 guns, besides small-arms, with full supplies of ammunition, and 2,083 prisoners.
The amount of the public debt, less cash in the Treasury, November 1, 1878, was $2,024,200,083.18 a reduction since the same date last year of $23,150,617.39. The progress made during the last year in refunding the public debt at lower rates of interest is very gratifying.
In Germany, France, England and other countries of Europe and in the United States the reverse policy is pursued. Their rural population is drifting too rapidly to the cities, and the cities are growing faster than is considered healthful. In India, during the ten years from= 1891 to 1901 the city population has increased only 2,452,083, while the rural population has increased only 4,567,032.
But now the situation of Europe and especially that of Asia is creating fresh competitions, the expenses for the navies, according to the figures of the various Budgets from 1914 to 1921, have risen in the United States of America from 702 millions of lire to 2,166, in Great Britain from 1,218 millions to 2,109, in Japan from 249 millions to 1,250, in France from 495 millions to 1,083, in Italy from 250 millions to 402.
The boiler pressure is 140 lb., and the tractive power per lb. of mean cylinder pressure 92 lb. The total wheel base is 17 ft. 6 in. The boiler, which is fed by two injectors, is of steel, 11 ft. 5 in. long and 4 ft. 2 in. diameter. The grate area is 17.3 square feet, and the heating surface is, in the tubes, 1,083; fire-box, 117; total, 1,200 sq. ft.
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