AMOUNT of the Public Debt of the United States in each successive Year from 1791 Expense of the Revolutionary War (1775-1785), 135,193,703 dollars. Emissions of paper money (1776–1781) 359,547,027 dollars 25 cents. Loans and subsidies from France (1778-1783), 7,962,959 dollars. Although the active debt of the United States was considered as extinguished in 1835, there remained an unclaimed old debt. The payments on account of the (old) funded and unfunded debt, since the 1st of December, 1838, have been as follows: DEBTS of the Corporate Cities of the District of Columbia, assumed by the United States, viz.: This money has been borrowed in the shape of treasury-notes and stock. From 1837, up to July, 1841, treasury-notes, bearing mostly six per cent interest, were the medium of borrowing. By the act of 1841, stock, bearing not more than six per cent, was authorised. That stock was negotiated nearly as follows: * This amount includes 113,631 dollars 66 cents, cancelled notes, in the hands of the accounting officers for settle ment + This sum includes 98,300 dollars, in the hands of the accounting officers. STATEMENT of Duties, Revenues, and Public Expenditures, during the Calendar Year 1842, and from January 1 to July 1, 1843, exclusive of Trust Funds. STATEMENT of Duties, Revenues, and Public Expenditure-continued. Navy hospitals and asylum... 12 Magazines.... 24,182 27 619 13. 13,245 59 306 00 Testing the electro-maguetic telegraphs....... Results and account of the exploring expedition.... All other items of a miscellaneous nature..... Total miscellaneous..... 3,420,548 07 1,465,964 53 Survey of the coast from Apa- Charter of steamers for the sur- 328,203 94 Suppression of the slave trade 4,667 04 Pensions to invalids, widows, 444,585 30 Survey of the harbour of Lighthouses & marine hospitals 1,445,212 78 Indian department 1,097,006 65 Claims of the State of Virginia' Arming and equipping the militia.... 16,915 53 1,000 00 Building depot of charts.... 84,540 75 Use of Babbitt's anti-attrition metal 52,917 66 56,753 79 Total under direction of the Public Debt. Paying the old public debt... 8,924,507 97 4,158,384 31 Interest on the loans of 1841, 1842, and 1843........... Redemption of Treasury notes Interest on Treasury notes.... 4,048,441 52 2,079,546 42 Carried forward........ 4,048,441 52 2,079,546 42' Total public debt...... 8,477,868 94 861,607 47 Total expenditures .... 32,398,906 54 11,559,998 30 Under the direction of the REVENUE AND EXPENDITURE FROM JULY 1, 1843, TO MARCH 1, 1844. From a subsequent report of the Secretary of the Treasury, made up to February 29th, 1844, we gather the following particulars: From these data it would appear, that the amount of the national debt, in cluding treasury notes, as a part of said debt, has been reduced 7,778,680 dollars 14 cents, between the 1st of July, 1843, and the 29th of February, 1844. Thus : ABSTRACT of the Appropriation Bills passed at the first Session of the Twenty-eighth STATEMENT of Duties, Revenues, and Public Expenditures, during the Fiscal Year beginning July 1, and ending June 30, 1844. |