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Updated: June 1, 2025
The receipts during the present year from all sources, including the amount of Treasury notes issued, are estimated at $23,499,981, constituting an aggregate of $69,468,504.
On the 1st of December, 1898, there was held in the Treasury gold coin amounting to $138,441,547, gold bullion amounting to $138,502,545, silver bullion amounting to $93,359,250, and other forms of money amounting to $451,963,981. On the same date the amount of money of all kinds in circulation, or not included in Treasury holdings, was $1,886,879,504, an increase for the year of $165,794,966.
The Treasury held $133,998,398.02; so that the National debt, less this cash, stood at $2,491,504,450. It thus exhibited an average reduction of the debt from its maximum, August 31, 1865, to November 1, 1867, of more than $10,000,000 per month.
On the 1st of December, 1898, there was held in the Treasury gold coin amounting to $138,441,547, gold bullion amounting to $138,502,545, silver bullion amounting to $93,359,250, and other forms of money amounting to $451,963,981. On the same date the amount of money of all kinds in circulation, or not included in Treasury holdings, was $1,886,879,504, an increase for the year of $165,794,966.
Deducting from the total receipts the sum of $63,261.84, received from international money orders of the preceding fiscal year, and deducting from the total expenditures the sum of $1,163,818.20, paid on liabilities incurred in previous fiscal years, the expenditures and receipts appertaining to the business of the last fiscal year were as follows: Expenditures $32,322,504.24
Manchester, 1920. Smith-Gordon and Staples. Rural Reconstruction in Ireland. 279 p. London, 1917. Consumers' Cooperation. 223 p. New York, Macmillan Company, 1919. Industrial Cooperation. 278 p. Manchester, 1917. The Consumers' Cooperative Movement. 504 p. London, 1921. Cooperation and the Future of Industry. 141 p. London, 1918. Woolf, Leonard. Socialism and Cooperation. 129 p. London, 1921.
Driven out of Mexico, and having only 504 footmen and 40 horse remaining, Cortes retired with much difficulty to Tlaxcallan, where he was well received. He here mustered a force of 900 Spanish infantry and 80 cavalry, and gathered 200,000 Indians among the friends and allies whom he had secured, enemies of the Mexicans, and marched back to Mexico, which he took in August 1521 .
At the close of the fiscal year ended June 30, 1887, there had been coined under the compulsory silver-coinage act $266,988,280 in silver dollars, $55,504,310 of which were in the hands of the people.
The export trade in beef and pork products and in dairy products was very largely increased, the increase in the article of butter alone being from 15,504,978 pounds to 29,748,042 pounds, and the total increase in the value of meat and dairy products exported being $34,000,000.
Vol. ii. p. 527. Mill's 'Logic, vol. ii. p. 504. But the mischief lieth here; that when men of less leisure see them who are supposed to have spent their whole time in the pursuit of knowledge professing an entire ignorance of all things, or advancing such notions as are repugnant to plain and commonly received principles, they will be tempted to entertain suspicions concerning the most important truths which they had hitherto held sacred and unquestionable.
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