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Updated: June 27, 2025
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 receipts into the Treasury during the first quarter of the present fiscal year, commencing the 1st of July, 1858, including one-half of the loan of $20,000,000, with the premium upon it, authorized by the act of June 14, 1858, were $25,230,879.46, and the estimated receipts for the remaining three quarters to the 30th of June, 1859, from ordinary sources are $38,500,000, making, with the balance before stated, an aggregate of $70,129,195.56.
Warrants have been issued to 30th of September last under the act of 11th February, 1847, calling for 12,879,280 acres, under acts of September 28, 1850, and March 22, 1852, calling for 12,505,360 acres, making a total of 25,384,640 acres. It is believed that experience has verified the wisdom and justice of the present system with regard to the public domain in most essential particulars.
Ballands Castle and Blacklough Castle are succeeded by Jack Straw's Castle close to "Alfred's Tower" on Kingsettle Hill. This tower was built by a Mr. Hoare in 1766 and commemorates the historic spot where in 879 the cross was raised against the pagan Dane. The eye ranges over a magnificent expanse of western England. If the tower is ascended one may stand just a thousand feet above the sea.
There was a subsequent increase of $2,750,000 for the debt of Texas, making a total of $71,879,937.
For the present our troops in that island cannot be withdrawn or materially diminished, and certainly not until the conclusion of the labors of the constitutional convention now in session and a government provided by the new constitution shall have been established and its stability assured. In Puerto Rico we have reduced the garrisons to 1,636, which includes 879 native troops.
The value of the general exports from the territory is increasing every year, having been $145,444 in 1881 and $525,879 in 1888. As regards pepper, it has been previously shewn that North Borneo was in former days an exporter of this spice. Sugar has been grown by the natives for their own consumption for many years, as also tapioca, rice and Indian corn.
The debt on which interest had ceased amounted to $1,879,830.26, and the debt bearing no interest, including greenbacks, national bank notes to be redeemed, and fractional currency, amounted to $386,751,917-43, or a total of interest and noninterest bearing debt amounting to $1,303,984,937.69.
If to this sum be added the amount of 5% stock subscribed to the Bank of the United States, the amount of Mississippi stock and of the stock which was issued subsequently to that date, and as afterwards liquidated, to $158,713,049. On September 30th, 1820, it amounted to $91,993,883, having been reduced in that interval by payments $66,879,165.
The amount disbursed from that sum was $144,651,879.80, leaving a balance of $3,431,012.99 unexpended on the 30th of June, 1898, which was covered into the Treasury. There were 389 names added to the rolls during the year by special acts passed at the second session of the Fifty-fifth Congress, making a total of 6,486 pensioners by Congressional enactments since 1861.
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