Information for the People | 8 Pages. No. 0, FINANCES AND CURRENCY; RETRENCHMENT AND ECONOMY. Contents: Page General Remarks - -- -- -- -- -- -1 Net Receipts and Expenditures, fiscal year 1875 - 1 Sources of Internal Revenue, 1875 ------ 1 Total Paper Circulation, June 30, 1875 - - - - 1 Governm’t Receipts & Expenditures, 1855 to 1875 2 Reduction of the Public Expenditures - - - - 3 Reduction of Taxes by Acts of Congress - - - 3 ^Reduction of Public Debt - --------3 Reduction of Interest on Public Debt - - - - 3 Reduction of Interest on Debt by Funding - - 3 Reduction of Internal Revenue Taxes - - - 3 Reduction of Customs Taxes - -- -- -- - 3 Reduction of Int’l Rev. Officers and Employees 4 Direct Income Tax Abolished - -- -- -- 3 Cost of Assessing and Collecting Int’l Revenue 4 Imports and Customs Revenues ------ 4 Interest paid on Public Debt - -- -- -- 4 Expenditures : Rates per. Capita 1800 to 1875 - - 4 Yearly Paper Circulation, 1854 to 1875 - - - - 5 U. S. Currency Outstanding July 1, 1875 - - - 5 The Public Credit : Borrowing Power of Gov’t 5 Condition of National Banks June 30, 1875 - - 5 The People’s security against loss by Nat’l B’ks 5 The Public Domain : Lands Sold and Unsold - 6 international Postage Reduction, 1861 to 1875 - 6 Increase of Postal Facilities ------- 6 Preparing for Specie Payments—Coinage - - - 7 Expenses growing out of Democratic Rebellion 8 NET RECEIPTS FISCAL YEAR 1875. Customs.$157,167,722. 35 Internal revenue. 110,007,493.58 Sales of public lands. 1,413,640.17 Miscellaneous sources. 19,411,195.00 Total net receipts.$288,000,051.10 NET EXPENDITURES. Civil and miscellaneous.$ 71,070,702.98 War D ‘parlineut. 41,120,645.98 Navy Department. 21,497,626.27 Indians and pensions. 37,840,873.04 Intorest on the public debt. 103,093,544.57 Total ordinary expenditures..$274,623,392.84 The Internal revenue, for fiscal year 1875, was collected upon the following articles : Spirits. Tobacco. Fermented Liquors. Banks and Bankers. Adhesive Stamps. Penalties, etc. Articles and occupations formerly taxed but now exempt. Total. Total receipts from each source. $52,081,978.62 37,303,670.06 9,144,391.66 4,096,860.8? 6,083,590.42 280,982.06 857,731.42 $109,849,205.11 Results of Republican Rule. Under Republican Administration the rec¬ ords of the Government Departments are always open for inspection. Nothing is con¬ cealed from the people. The tables in the following pages are compiled from official sources. Their accuracy can be tested by reference to the original documents. They are condensed here for convenience and ready reference. The first seven pages exhibit in brief, some of the achievements of Republican effort. The last page presents a painful contrast, in the large annual tax upon the peoples’ earnings, together with the long list of pensioned sol¬ diers, widows and orphans—the direct result of the Democratic rebellion. The tables presented in these pages require no comment from the compiler. They speak for themselves, and show substantial results of the most gratifying character. Among these are: A steady reduction of the public expenditures for ten consecutive years, with only two exceptions; A reduction of $540,951,641.74 In the public debt; A reduction of $40,688,047.34 per annum of the In¬ terest on the debt; A reduction of $203,419,553-54 per annum In the In¬ terna) revenue taxes ; The abolishment of the direct or personal Income tax ; A reduction of $59,504,749.84 per anuum in the dia¬ toms taxes; A material reduction in the rates of International Postage. Tne sinking fund provided for ; The expensed of the Government paid, and a sur¬ plus from the year’s receipts In the Treasury, as follows : TOTAL PAPER CIRCULATION. The total paper currency circulation at the close of the fiscal year 1875 was as follows: National bank notes.$351,869,008.00 Old demand and legal-tender notes. 375,841,687.50 Fractional currency. 42,129,424.19 Total.$769,840,119.69 The recent large return of national bank currency to the U. S. Treasury, especially from the West, would seem to indicate that the business of the country does not require more paper currency. Since the passage of ! the Act, January 14,1875, providing for new banks and the increase of the capital of all banks to any extent required, the following is the result up to July 6, 1875 : Circulation retired by old banks - - - -$25,523,057 Circulation called for by new and old banks 7,785,525 Actual decrease of circulation - - - 17,737,6*2 For paper money in circulation, since 1854 ; the present condition of banks, and security against losses, see page 5. The result of the examination of the books, bonds and cash in vaults and cash-room of the retiring U. S. Treasurer, on page 7 ; also account of c oinage and preparations for specie payments. On the 1st of January, 1876, there will be on hand subsidiary coin sufficient to make it easy for the Secretary to begin the work of cremating the fractional currency. With confidence and co-operation on the part of the people, there seems to be little or no doubt of the ability of the Secretary of the Treasury to resume specie payments at the time specified iu the new finance bill. NET RECEIPTS OF THE GOVERNMENT FROM 1866 TO 1875—BY FISCAL YEARS. 2 Intebnai, Revenue.—A verage annual losses on collections do not exceed one-fiftieth of one per eent‘ The CUSTOMS.—Losses on collections, one fifty-fifth of one percent., as shown by careful examination. ^ \q © © oo co^ © a (N io j> o ic < 0 s . r- CO c o CO o ( ©coko©x©>t^C3HH< : O 03 CO 03 < > ©©t^t^© ) 00 iO CO ^ rH 5|>OC^^CCrM>4 0ciOlO © kO iO < ;l>-t'-©'^03'<*XC0kOC0CPXX< “ © 03 T-H CO CO CO ^ uO 03 <- lOOifj ooo^^^ctscoec'^inc^oeot^- ©05©'9<©ir5p>©©i''.©©©C5>c5eo--'t-Hi<© -H 00 CO PS © rH >—I PI - r»©-*llfSl«'* CO kg © CD r^l _ _ . , „ eS S -^VpjHcococopi C^COCP ^gLOio^^T^^cc^cocO'^c^'^ © © iCO^OO^^CC^OOt'CJCJO' r-r-T^H co'o'icTqrio't^co^csrio t^tr^© COC^ClnHHHClHriHH be OlOOO^r-^COiCOOl'OiCiOO^ ^oo)C^oa)cocoic:T-i>c.ococi ^ QD O O »C H CO 1C O Oi H CO a O lfO ^QCO^^O^kOCOOJO-TflCOCOCO© ecoco^wm^oc lO Ci <35 H *4 I 03 X ^ > CO HHQOt-CT.COlOQOOJH^ CM t— i CO 03 03 th -t-h rH < ^ P-: •kO f- rH < S3S5gi 3282 © -*< t'* ^oTeo^o od © 03 iSx ~co©rH^©x©Xcci> COOC^^CCt'COHWCiri fc^xcot^eocornkOka^—<©H*ofx© ClfiO^COlCCO^rHT^X^-'-• 03 lOCOC^COCOuCOiOh.CO’^^^CO^CO Oi^kOlSt^kCOco^! ©XkOI>t^XrHrHk©©C O^CO^yfr^r-T > CO 00 o > © - OC uo Ol <01 CO x i>- x iro i-t ■-00^ H H CO cf 03 03 t-h -rH rH S3 ic CO O CO CO 1C 00 )HCOCO^O»OHXt- . 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CO 05 03 kC Oi ^ COXC*t"-XtOsDCD^XO3cO03O5 O 03 g J © •*< 05 Ok C- t 05 c- 00 Ol © > TH 1^* CO 00 t— r > kO eg © ^ H 05 © T-< ; <t-»iOiao)v © © © 'ir'-e<©’-<‘0©X’ — eot^»-'’-i©t^©Moj ~T 01 —< CO © s^. -•» ■ -i, OkiC©OkH'©'H©kO©©PI © © © I C-l © *“ r •> r n h rCOCDCOOOCO Ci Tt* © 02 X © co o 03 03 co p- CO to ^ tfoos X ZC tr¬ ee CO to . <-XTHkCOTfCOC5kO HiCCOOOCDNOCiO © © © rH -> -rH io > ^ CO kC Ht< © © CO — __ kO©©r^t^ h © kC 03 © © t>XCOHHXkOkO rk£5H©N©nOC J. X © © © © © rH CO r © t^rH k^foT© to rH © r- S © © rl PI ( lO © © © < 00 X 00 © 00 < ) X X < )C^00©O-H03C0^'kC iSSxxoo® XXX -2W- '■'S' 441 t 4 £ 3 a) -h> P ^ *r c **H *3 4 * o ^ Jj ^ «2c< y « r current expenditures, estimated. fExpemlitures after deducting disbursements inci¬ dent to the war, and not properly chargeable to the current cost of Administration, estimated. 5 \ Circulation of Paper Currency, 1854 to 1876. Year. 1854 .. 1855 .. 1856 .. 1857 .. [858 .. 1859 .. 1860 .. 1861 .. 1862.. 1863 .. 1864 .. 1865 .. 1866 .. 1867.. 1868 .. 1869 .. 1870 .. 1871 .. 1872 .. 1873 .. 1874 .. 1875 .. Bank Notes. 204,689,000 186,952.000 195, 747,01)0 214,778,000 155 208,090 193, 806,000 207,102 00(1 202,205 000 183,794,000 25,000,000 47,000, 0i)0 171,000,000 280.000,000 293,001), 00)) 295,000,000 293,000,000 291,000. 090 315,000,000 333,000,000 340,000,000 339,000,000 351,869, 008 Legal Ten¬ ders. Fractional 149, 0(10,000 . Total. 204,689, 000 186,952,000 195,747,000 214 778,000 155,208,000 193,306,000 207,102,000 202, 205, 000 332,794,000 297, 736, 000 502,1,72,000 628,692, OIK) 254,970,00" 17,766,000 434,178,000 22,894,000 432,687,000 25,005,000 400, 961,000 27,070,000 708,031,000 371,783,000! 28,307, 000 693,090,000 356,000,001)1 27,745,000 678,745,000 356,000,000! 27,508,0( ;0 676,5Q8,000 356,000,0001 36, 878,003,683, 878, 000 356,000,000 40,582,000 711,582, 000 357,500,000 40,855 000 731,355,000 o-r» iuu\ onn 4 4 t\fu\ nnn 356,000. 000 44, 799,000 382,000,000 46,538,000 375,841,6871 42,129,424 740, 799,001) 767,538,000 769,840,119 United States Currency. The following is an official statement of United States currency outstanding on 31st July, 1875: Old demand notes.$ 69,877 50 Legal-tender notes, new issue. 36,954,852 00 Legal-tender notes, series ol 1874- 55,388,311 00 Legal-tender notes, series of 1869 - 279,941,945 00 Legal-tender notes, series of 1875.... 2,470,000 00 One-year notes of 1863. 66,525 00 Two-year notes of 1863. • 20,850 00 Two-year coupon notes of 1863. 26,800 00 Compound interest notes. 371,470 00 Fractional currency, first issue. 4,328,265 16 Fractional currency, second issue.... 3,139,813 13 Fractional currency, third issue. 3,164,181 12 Fractional currency, fourth issue, first series. 6,711,663 68 Fractional currency, fourth issue, second series. 1,783,566 55 Fractional currency, fourth issue, third series. 5,995,158 70 Fractional currency, fifth issue. 16,022,744 76 Total $416,456,023 60 Public Credit—Borrowing Power of the Government. Under Democratic Rule.— In 1860, the Buchanan administration borrowed $10,000,- 000, at 12 per cent, discount. See Finance Reports for 1860, ’61 and ’62. Under Republican Rule.— The following are the rates of interest on government stocks: Condition of the National Banks. Below will he found an abstract of reports made to the Comptroller of the Currency, showing the condition of the 2.076 national banks in the United States at the close of business on Wednesday, the 30th day of June, 1875, the end of the last fiscal year : resources. Loans and discounts. $968,509,871. 82 Overdrafts. 4,422,629.77 II 8. bonds to secure circulation- 375,127,900 00 U. S. bonds to secure deposits. 14,150,200.00 U. S. bonds on hand. 12,746,950.00 Other stocks, bonds and mortgages.. 32,008,380.34 Due from redeeming and reserve agents. 89,788,903.73 Due from other Natioual hanks. 48.513,388.86 Due from State bunks and hankers.. 11,625,647.15 Heal estate, furniture and fixtures.. 10,968,755.55 Current expeuses. 4,992,309.28 Premiums paid. 8,742,393.83 Checks ana other cash items. 12,361.281.67 Exchanges for clearing-house. 88,994,961.08 Bills of other National banks. 24,261,961.00 Fractional currency. 2,62u.50l. 26 Specie. 18,959.482. 30 Legal-tender notes. 87,492,895.00 U. S. certificates of deposit for legal- tender notes. 47,350,000.00 Five per cent, redemption fund with Treasurer. 16,325,911.62 Due from Treasurer other than five per cent, fund. 3,274,873.90 Total.$1,913,239,201. 16 LIABILITIES. Capital stock paid in. $501,568,563.50 Surplus fund. 133,169,094.79 Undivided profits. 52,160,104.68 ^National bank notes outstanding.. 318,148,406 On State bank notes outstanding. 786,844.00 Dividends unpaid. 6,106,519.34 Individual deposits. 686,478,630 48 U S. deposits. 6,714 328.70 Deposits of U. S. disbursing officers. 3,459 061.80 Due to National banks. 138,914,828 39 Due to State banks and bankers_ 55,714,055.18 Notes and bills rediscounted. 4,261,464.45 Bills payable. 5^758,299.86 Total.$1,913,239.201.16 •The amount of circulation outstanding on the 30th of June, 1875. as shown by the books of the Comp¬ troller's office, was .H6n,008, which amount In¬ cludes the notes in circulation of hanks which have failed, are In liquidation, and have deposited legal- tender notes under the act of June 30, 1874. From similar reports, showing the condition of the national banks in the United StateB on the 1st of May last, the aggregate resources appeared at $1,908,847,- 891.40. or $3,391,409.76 less than on Jnne 30 At the time the last report of the condiilon of all the national banks was maoe in the fiscal year which ended June 30, 1874, their resources were shown to be $1 851,840,913.64. By this It will he perceived that during the last fiscal year the resources of the na¬ tional hanks Increased $61,398,287 52. There was, however, an increase during the last fiscal year of ninety-three hanks. Per cent. First four months of 1861, just prior to the breaking out of the rebellion, 5 per cent, stocks. 8.14 March, 1868, commencement of third year of .Johnson’s .Administration, 10-40s 5 per cent. 7.15 March, 1869, 10-40s, 5 per cent. 6.43 July 1, 1872, 10-40s, 5 per cent. 5.03 $500,000,000, 5-20s refunded, 1875, at. 5.00 The complete success that has attended the funding of the $500,000,000 5-20 six per cent, bonds at five per cent., is a pretty good guarantee that when the Government is ready to offer bonds, under the funding act of 1872, at four and one-half per cent., there will be a demand for them, as there has been for the five percents, which have all been taken. The People’s Protection Against National Bank Losses. The official report of the actual hank note circula¬ tion on the 1st July, 1875, Is as follows : Amount of circulation actually outstand¬ ing, July 1, 1875,.$316,393,869 Amount, due hanks for mutilated circula¬ tion returned. 5,475.139 National bank circulation.$351,809,009 This circulation Is secured by 1. U.8. bonds amuuutlng to $376,311.500— IK) per cent, upon which circulation Is Issued. equal to. 338,683,150 2. Legal-tenders deposited with theTn as- urcr II. rt. for insolvent and liquidating hanks. 6,319,652 And forBauks reducing thelrclrculatlon 18.340.015 Total,.$358,392,317 Making an excess of security of $6,523,809. beside* the 10 percent, margin on $376,314,500 ll. S. bonds, which is $37,631,400, and the premium which the same bonds would bring In the market, ranging from 116 to 121 * • 6 The Public Domain. It was not until 1850 that the policy of appropriating alternate portions of the pub¬ lic domain for development was duly inaug¬ urated. From 1850 to 1861 there were granted : Acres. To States for railroad purposes..-. 20,971,226 To States for canals. 3,705,986 Total for railroads and canals. 33,677,212 From 1861 to 1870 inclusive : To States lor railroads. 28,932,553 To States for canals. 700,000 To States for wagon roads. 3,225,413 Total for railroads, canals, and wagon roads. 32,857,966 To railroad corporal ions, being for the construction of the Continental lines, the Atlantic and Pacific, the Central and Union, and the Northern Pacific lines estimated. 135,000,000 There have been granted to the States about 60,000,000 acres of swamp lands on the condition that the proceeds thereof, to the extent necessary, should be devoted to their reclamation. RECAPITULATION. Acres. Grants to States for railroads. 58,903,779 Grants to States for wagon toads. 3,225,413 Grants to States for canals. 4,405,986 Grants to States for swain p lands . . 60,000,000 Grants to Continental railroads. 135,000.000 Total for improvement and reclamation 261,535,178 In neither period, that under the control of the Democracy, or that under the control of the Republicans, were any of these grants made by a partisan vote, both parties voting for and against in about equal ratio, propor¬ tioned to their strength, respectively, in Congress. After the grants were made to the Conti¬ nental lines of railway, the House resolved unanimously that “the policy of granting- subsidies in public lands to railroad and other corporations ought to be discontinued,” and no grants for development have since been made. The area granted for educational purposes, is about 22,000,000 acres, and the estimated area to pass to the States yet to be admitted under the system is 56,000,000 acres. Total lands disposed of, and area yet re¬ maining : Acres. Estimated extent of grants to States and corporations for roads and canals. 261,000,600 Grants of swamp and overflowed lauds for reclamation. 60,000,000 To States for educational purposes. 78,000,000 Grants for military service. 68,000,000 Estimated sold, disposed of under home¬ stead law, donations to settlers, and to satisfy private claims, deducting the quantity granted for military service Total disposed of or pledged. 767,000,000 Total area of the laud, States and Terri¬ tories, excluding Alaska, is. 1,465,000 000 Total area undisposed of and unpledged for any purpose.. 698,000,000 being about seventeen acres to each person now inhabiting the country, and about eighty-seven acres to each head of a family, supposing the population to be divided into families of five persons each. International Postage Reform. The following statement shows the reduc¬ tions made in the rates of letter postage be¬ tween the United States and foreign powers, under the administration of the Republican party. The first column of figures shows the rates of postage on half ounce letters in 1861; the second column gives the rates in 1875, and the last column shows the amount of reduc¬ tion : COUNTRIES. £ ounce. a *o ® Pi 1861 1875 Cts. Cts. Cts. Argentine Republic. 33 18 15 Australia.. 33 12 21 Austria .. 30 5 25 Africa, (Spanish Possessions). 42 5 37 Azores. 42 5 37 Belgium. 42 5 37 Bolivia (via Fanama). 34 22 12 Brazil. 45 15 30 Balearic Islands. 42 5 37 Canada, Dominion of. 10 3 7 Chili (via Panama). 34 22 12 Canary Islands. 42 5 37 China. 45 10 35 Denmark. 24 5 19 East Indies. . 33 10 23 Ecuador (via Panama). 34 20 14 Egypt. 38 5 33 France . 30 *5 25 Finland. 29 5 24 Faroe Islands. 24 5 19 Great Britain. 24 5 19 Germany. . 30 5 25 Greece. 35 5 30 Hungary. 30 5 25 Holland. 27 5 22 Italy. 42 5 37 Iceland . 24 5 19 Japan . 45 10 35 Java (via Southampton). 45 28 17 Luxemburg . 30 5 25 Morocco, (Spanish Possess’ns). 42 5 37 Malta . 24 5 19 Madeira... . 37 5 32 New Zealand. 33 12 21 Norway... 46 5 41 Paraguay (via Panama). 34 22 12 Portugal. 37 5 32 Russia. 29 5 24 Roumania. . 29 5 24 Spain. 42 5 37 Sweden . 33 5 28 Switzerland . 42 . 5 37 Servia. 29 5 24 Sandwich Islands. 10 6 4 Turkey . 35 5 30 Uruguay . 25 18 7 *After January 1, 1876. Postal Money Order System. This is also a result of Republican rule. There were 3,404 money order offices in the States in 1*74, throuah which .$74,424,854 71 passed, leaving a profit to the Government of $105,198.12. Exchanges of money orders are made with Great Britain, Ger¬ many, Switzerland and Canada. / Preparations for Resuming Specie Payments. The following is the full report of the op¬ erations of the different mints throughout the country for the fiscal year, completed June 30,1875, in the office of the director of the mints. The first table covers the coina'ge of the mint of Philadelphia : Gold. Pieces. Value. Double eagles. Eagles. Half eagles.,. Three dollars. Quarter eagles. Dollars. 238,910 38,060 348 20 900 20 $4,778,200 380,600 1,740 60 2,250 20 Totals. 278,258 $5,162,870 Silver. Pieces. Value. Trade dollars. Half dollars. Quarter dollars. Twenty cents. Dimes . 476,800 4,415,000 2,003,800 11,000 4,580,600 $476,800 2,207,500 500,950 2,200 458,060 Totals. 11,487,200 $3,645,510 Minor. Pieces. Value. Five cent . Three cent. One cent. 1,893,000 418,000 12,318,500 $94,650 12,540 123,185 Totals. 14,629,500 230,375 Total. 26,394,958 $9,038,755 SAN FRANCISCO MINT. Gold. Pieces. Value. Double eagles. Eagles. Half eagles. 1,300,000 10,000 20,000 $26,000,000 100,000 100,000 Total. 1,330,000 $26,200,000 Silver. [ Pieces. Value. Trade dollars. Half dollars. Quarter dollars. Twenty cents. Dimes . 3,379,000 958,000 492,000 15,000 3.430,000 $3,379,000 479,000 123,000 3,000 343,000 Total .. 8,274,000; $4,327,000 CARSON CITY MINT. Gold. « Pieces. Value. Double eagles. Eagles. Half eagles. 98,497 11,924 20,383 $1,969,940 119,240 101,915 T otd 1 •••••••« •■•••••• 130,804 $2,191,095 Silver. Pieces. Value. Trade dollars. Half dollars . Twenty cents... Dimes. 1,841,700 334,000 1,316 885,000 $1,841,700 167,000 658 88,500 Total. 3,062,016 $2,097,858 Minor coinage pieces, 14,629,500; value, $230,375. Total of all coinage: pieces, 39,191,778; value, $43,854,708. The coinage of trade dollars for the fiscal year ending June 30, 1875, amounting to $5,697,500, exceeds that of the fiscal year preceding by $2,180,600, and is more than half the entire coinage of silver dollars from 1793 to 1874, a period of 81 years. Since the passage of the finance bill, January 14, 1875, the coinage at the Philadelphia mint has been largely of subsidiary silver coin, the mints on the Pacific coast also furnishing their quota, when not otherwise engaged in coining gold and trade dollars. The opera¬ tions in subsidiary silver coin represent the workings of about seven months, as prior to December last the coinage was confined main¬ ly to gold and trade dollars. As compared with last year’s operations the excess for the fiscal year just ended, in subsidiary sil¬ ver coin, is about $2,000,000. The opera¬ tions in gold show a decrease at the Phila¬ delphia mint, as compared with the last fiscal year, which is attributed to the fact that, during the year, which ended June 30, 1874, that institution was busily engaged in the re-coinage of gold coin, under the provis¬ ion of the coinage act of 1873. The gold coin¬ age at San Francisco and Carson shows an in¬ crease for the fiscal year ending June 30, 1875, of nearly $6,000,000. The coinage for the month of July of this year is as follows: Philadelphia.. San Francisco. Carson City.... Total.. Gold. $172,000 1,780,000 $1,952,000 Subsidiary silver coin. $325,302 728,000 72,000 _ $1,125,302 The new refinery of the mint at San Fran¬ cisco having been completed, and now in successful operation, and the capacity of the other mint refineries greatly increased, it is estimated that nearly all the mixed bullion produced in the United States can be advan¬ tageously parted at the mints, and, with the new machinery and appliances added to the coinage mints, that the out-turn for the next fiscal year will be more than doubled. Total gold at the three mints: pieces, Count of Cash, &c., in U. S. Treasury. On the retirement of General Spinner, after four¬ teen years olUclal service as U. S. Treasurer, and t he appointment of his successor, John C. N.*w, the bonds. coin and currency In the vaults and cash room of the t reasurer were counted, ard the book* of the Treasurer examined, by a committee ap¬ pointed by the Secretary, consistliiK of Joho B. Blake, (chairman,) S. E. Middleton, H. H. T. Let- pold. J. l>. Patten, dr., Clias. H. Brown, T. C. Dickinson and Will It. Hewey. The committee ommenced on the 30th June, and closed the count on the 16th July, when the examination of the hook, was commenced, and completed iu two weeks more. ~he committee in their report say : “ With the exception of the deficiencies and ex- • input Diml utiiloh „ X* Aft. c i^ii< hi. nu tf / »»v iiiivc iiiuiMi iiit ujuurj oil nanci id the Treasury proper to correspond with the amounts called Jbr^ bj' the hooks, and the correctness of the 8 How the People are Taxed to Pay the Cost of the Democratic Rebellion. The following table exhibits , in detail , the items which make up the amount of the Democratic pro-slmery legacy the American people for the fiscal year ended June 30, 1875 : Payment of judgments, Court of Claims. Salaries and expenses of United States and British Claims Commission. Salaries and expenses of Southern Claims Commission. Salaries and expenses, Court of Commissioners of Alabama claims. Examination of National Banks and hank note plates .. Engrav’g and print’g, &c., $1,581,069.41 ; Refund’g nat’l debt $150,255.51 Expenses of national currency, $330,978.27 ; do of nat’l loan,$2,444.47. Defending claims for cotton seized. Repayment for lands sold for direct taxes. Return of proceeds of captured and abandoned property. Collect’n of capt’d and aband’d prop’ty, records and evidence of same. Refunding taxes illegally collected... Reissuing national currency (reimbursable). Trust Fund interest for support of free schools in South Carolina. . Refunding proceeds of cotton seized. . . Refunding to National Banks excess of duty. . Defending suits and claims for seizures of captured and abandoned property. ‘Compensation of persons employed in insurrectionary States. •Cost of assessing and collecting internal revenue... Support of Freedmen’s Hospital and Asylum, Washington, D. C. National Association for the Relief of Colored Women and Children, D, C. Prize money to captors, 479,982.22;.for destruct’n enemy’s vess’ls, 50,419.32 Payment to officers and crew of the United States steamer “Kearsage”. Payment of shares in capt’s made by Adm. Farragut’s fleet on Miss, river... Navy pension fund, $96,363.93 ; Pensions, $29,456,216.22. Interest on debt,103,093,544.57; Bounty under Act July 28,’66, $277,111.44 Expenses under reconstruction acts. Collection and payment of bounty, &c., to colored soldiers and sailors. Keeping, transporting and supplying prisoners of war. National Cemeteries, $168,869.59 ; Headstones on Graves, $134,989.17. Medical and Surgical History of the War. Traveling expenses of California and Nevada Vols. and 1st Mich. Cav. Support of refugees, freedmen, $34,716.20; Horses lost in service, $83,720.68 Reimburs’g States for rais’g volunt’rs, and expenses insuppress’grebell’n.. Claims of loyal citizens for supplies furnished during the rebellion. Publication of official records of the rebellion. Commutation of rations to prisoners of war in rebel States. Payment of stoppages or fines due National Home for disabled volunteers. Awards to British claimants, $1,929,819.00; Relief Acts (various), 77,064.29 $516,531 35 2,093 25 51,800 00 84,374 70 705 75 $1,731,924 92 $333,422.74 14,290 75 23,920 00 880,619 34 630 50 893 00 64,244 76 3,900 00 36,938 72 258 40 26,124 00 4,068 65 5,188,513 31 50,000 00 10.000 00 530*401 54 2,040 87 362,600 00 29,552,580 15 103,370,656 01 240 04 80,000 00 2,195 35 303,858 76 40,000 00 12,185 15 118,436 88 186,667 93 . 1,265,170 40 20,000 00 4,000 00 911,505 12 2,006,883 29 Total.$147,794,675 63 The Nation’s Pensioners—Direct Results of the Democratic Rebellion. [For total Expenses of tlie Bureau see page 2. j Year. Invalid Soldiers. Widows and Dependent Relatives. Total. Number on Roll. Amount Paid. Number on Roll. Amount Paid. Number on roll. Amount Paid. 1861... 5,215 $480,371 26 5,494 $608,847 49 10,709 $1,089,218 75 1862... 4,341 368,368 33 3,818 432,451 61 8,159 800,819 94 1863... 7.821 447,544 64 6,970 596,819 83 14,791 1,044,364 47 1864... 23,479 1,449,616 71 27,656 3,072,005 47 51,135 4,521,624 18 1865... 35,880 2,216,954 30 50,106 6,325,930 97 85,986 8,542,885 27 1866... 55,652 3,901,562 01 71,070 9,349,418 16 126,722 -13,250,980 17 1867... 69,565 6,548,151 32 83,618 12,133,560 47 153,183 18,681,711 79 1868... 75,957 7,627,394 13 93,686 16,452,009 05 169,643 24,079,403 18 1869... 82,859 9,525,058 17 105,104 18,920,030 92 187,963 28,445,089 09 1870... 87,521 9,137,362 43 111,165 18,643,449 38 198,686 27,780,811 81 1871... 93,394 12,497,631 78 114,101 20,579,751 85 207,495 33,077,383 63 1872... 113,954 12,272,004 18 118,275 17,897,336 82 232,229 30,162,341 00 1873... 119,500 12,804,404 47 118,911 16,380,885 15 238,411 29,185,289 62 1874... 121.628 12,616,386 17 114,613 17,977,363 39 236,241 30,593,749 56 Committees and individuals in ordering Political Pamphlets, will please designate the papers required by the number on the left-hand corner of the title page. 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