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Updated: June 29, 2025
The fifth demanded an account of the unexpended revenue at the close of the preceding year. Giles charged that a serious discrepancy existed between the report of the Secretary and the books of the Bank not less than a million and a half. It had been the purpose of Jefferson and Madison to bring forward the resolutions with an air of comparative innocence.
In the present state of the Treasury the whole of the Louisiana debt may be redeemed in the year 1819, after which, if the public debt continues as it now is, above par, there will be annually about $5 millions of the sinking fund unexpended until the year 1825, when the loan of 1812 and the stock created by funding Treasury notes will be redeemable.
He reflected that possibly our hero had only put away his money by chance on the previous evening, and might have neglected to do so on the present occasion. He desired to get possession of it before any part of it was spent, as, judging from what he knew of boys, it would not remain long unexpended.
I suppose it is possible for a young gentleman to be able to read just think of it, after ten years of grammar and lexicon, not to know Greek literature and have flexible command of all its richness and beauty, but to read it! it is possible, I suppose, for the graduate of college to be able to read all the Greek authors, and yet to have gone, in regard to his own culture, very little deeper than a surface reading of them; to know very little of that perfect architecture and what it expressed; nor of that marvelous sculpture and the conditions of its immortal beauty; nor of that artistic development which made the Acropolis to bud and bloom under the blue sky like the final flower of a perfect nature; nor of that philosophy, that politics, that society, nor of the life of that polished, crafty, joyous race, the springs of it and the far-reaching, still unexpended effects of it.
I suppose it is possible for a young gentleman to be able to read just think of it, after ten years of grammar and lexicon, not to know Greek literature and have flexible command of all its richness and beauty, but to read it! it is possible, I suppose, for the graduate of college to be able to read all the Greek authors, and yet to have gone, in regard to his own culture, very little deeper than a surface reading of them; to know very little of that perfect architecture and what it expressed; nor of that marvelous sculpture and the conditions of its immortal beauty; nor of that artistic development which made the Acropolis to bud and bloom under the blue sky like the final flower of a perfect nature; nor of that philosophy, that politics, that society, nor of the life of that polished, crafty, joyous race, the springs of it and the far-reaching, still unexpended effects of it.
Thus it appears that after satisfying all those appropriations and after discharging the last item of our public debt, which will be done on January 1st, 1835, there will remain unexpended in the Treasury an effective balance of about $440,000.
Including the standing appropriation of $700,000 for free mail matter as a legitimate portion of the revenues, yet remaining unexpended, the actual deficiency for the past year is only $265,093 a sum within $51,141 of the amount estimated in the annual report of 1864.
I suppose it is possible for a young gentleman to be able to read just think of it, after ten years of grammar and lexicon, not to know Greek literature and have flexible command of all its richness and beauty, but to read it! it is possible, I suppose, for the graduate of college to be able to read all the Greek authors, and yet to have gone, in regard to his own culture, very little deeper than a surface reading of them; to know very little of that perfect architecture and what it expressed; nor of that marvelous sculpture and the conditions of its immortal beauty; nor of that artistic development which made the Acropolis to bud and bloom under the blue sky like the final flower of a perfect nature; nor of that philosophy, that politics, that society, nor of the life of that polished, crafty, joyous race, the springs of it and the far-reaching, still unexpended effects of it.
The amount disbursed for Army pensions during the year was $134,700,597.24 and for Navy pensions $3,761,533.41, a total of $138,462,130.65, leaving an unexpended balance of $5,542,768.25 to be covered into the Treasury, which shows an increase over the previous year's expenditure Of $107,077.70.
Commonplace and common-sense people, whose emotional natures are not strongly at play in the conduct of their daily lives, have a fund of unexpended mental activity, of a very low degree of energy, which delights to be occupied with the unreal and the impossible.
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