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The Budget for 1932 fiscal year indicates estimated expenditure of about $4,054,000,000, including postal deficit. The receipts are estimated at about $4,085,000,000 if the temporary tax reduction of last year be discontinued, leaving a surplus of only about $30,000,000. Most rigid economy is therefore necessary to avoid increase in taxes.
Banks's losses in the battle of Sabine Cross-Roads were as follows: Killed. Wounded. Missing. Total. Cavalry Division . . . . 39 250 144 433 Cameron's " . . . . . 24 99 195 318 Landram's " . . . . . 28 148 909 1,085 Emory's " . . . . . 24 148 175 347 Staff of Nineteenth Corps 0 3 0 3 In all . . . 115 648 1,423 2,186 By Taylor the action is called the battle of Mansfield.
Of this amount about $35,281,361 will have been expended at the end of the year on appropriations made by Congress, and the residue, amounting to $34,187,143, will be the nominal balance in the Treasury on the 1st of January next; but of that sum only $1,085,498 is considered as immediately available for and applicable to public purposes.
* The following figures show the status of the Insurance Association in 1918. The total amount of life insurance in force was $161,805,500.00. The total amount of claims paid from 1868 to 1918 was $41,085,183.04. The claims paid in 1918 amounted to $3,014,540.22. The total amount of indemnity insurance in force in 1918 was $12,486,397.50.
The works sold for $1,085,000." Incidentally it may be noted, as illustrative of the problems brought to Edison, that while he had the factory at Harrison an importer in the Chinese trade went to him and wanted a dynamo to be run by hand power. The importer explained that in China human labor was cheaper than steam power.
The Budget for 1932 fiscal year indicates estimated expenditure of about $4,054,000,000, including postal deficit. The receipts are estimated at about $4,085,000,000 if the temporary tax reduction of last year be discontinued, leaving a surplus of only about $30,000,000. Most rigid economy is therefore necessary to avoid increase in taxes.
Interior Department 189,151,875.00 191,224,182.90 193,948,582.02 214,754,278.00 4,796,707.02 -25,602,403.00 -20,805,698.98 Post-Office Department proper 1,697,490.00 1,695,690.00 1,695,690.00 2,085,005.33 + 1,800.00 387,515.33 389,315.33 Deficiency in postal revenues 10,634,122.63 10,634,122.63 10,634,122.63 -10,634,122.65 -10,634,122.63
Hamilton computed the amount of the foreign debt, principal and arrears, at $11,710,378.62; the domestic debt, including that of the States, at $42,414,085.94, a total of over fifty-four millions with an annual interest charge at existing rates amounting to $4,587,444.81, a staggering total for a nation whose revenue was then insufficient to meet its current expenses.
The expenditures in the Quartermaster's Department can readily be subjected to administrative discretion, and it is reported by the Secretary of War that as a result of exercising such discretion in reducing the number of draft and pack animals in the Army the annual cost of supplying and caring for such animals is now $1,108,085.90 less than it was in 1881.
Featherstonhaugh and Mudge is no more than 1,085 feet. It is regretted that the computations of the barometric and other observations for the determination of the heights of that portion of the country between the valley of the St.
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