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It is believed, however, that if the United States remain at peace the whole of that debt may be redeemed by the ordinary revenue of those years during that period under the provision of the act of March 3, 1817, creating the sinking fund, and in that case the only part of the debt that will remain after the year 1835 will be the $7,000,000 of 5 per cent stock subscribed to the Bank of the United States, and the 3 per cent Revolutionary debt, amounting to $13,296,099.06, both of which are redeemable at the pleasure of the Government.

In the North: Maine 619,000 New Hampshire 326,872 Vermont 325,827 Massachusetts 1,231,494 Rhode Island 174,621 Connecticut 460,670 New York 3,851,563 Pennsylvania 2,916,018 New Jersey 676,034 Total 10,582,099 In the South, the population of which must be divided into free and slave: Free. Slave. Total.

Additional portions of the former will continue to become redeemable annually until the year 1835. it is believed, however, that if the United States remain at peace the whole of that debt may be redeemed by the ordinary revenue of those years during that period under the provision of the act of March 3rd, 1817, creating the sinking fund, and in that case the only part of the debt that will remain after the year 1835 will be the $7 millions of 5% stock subscribed to the Bank of the United States, and the 3% Revolutionary debt, amounting to $13,296,099.06, both of which are redeemable at the pleasure of the Government.

From all sources, exclusive of the postal service, the receipts of the Government for the last fiscal year aggregated $560,396,674. The expenditures for the same period were $506,099,007, the surplus for the fiscal year being $54,297,667. The indications are that the surplus for the present fiscal year will be very small, if indeed there be any surplus.

The annual mail transportation on these routes is about 36,228,962 miles, having been increased about 10,359,476 miles within the same period. The number of post-offices has also been increased from 10,770 to 12,099, very few of which receive the mails less than once a week, and a large portion of them daily.

Up to April the town consumed 4,099 tons of food-stuffs; 12,256 tons of oats, fodder, meal, and flour; and 930 tons of fuel; making a total of 17,285 tons. Of matches, the supply of which was soon exhausted, 35,400 boxes were used, and to take their place tiny paraffin lamps were supplied to all, which burnt night and day.

If the average price remains at the figure for the period March 31, 1908, to September 15, 1909 viz. £287 a further sum of £22,673,000 may be required in excess of £84,099,818 already required under the Acts of 1903 and 1909; making £106,772,818. This total includes nearly £1,000,000 for re-sales to owners and some provision for evicted tenants.

From proceeds of sales of Government property 282,616.50 From profits on coinage, etc 2,792,186.78 From revenues of the District of Columbia 1,809,469.70 From miscellaneous sources 4,099,603.88 State of the Union Address Chester A. Arthur December 6, 1881

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