Pensions : expenditures on account of (including arrears), during the fiscal year ended June 30, 1879. actual and estimated expenditures on account of (including arrears), for the fiscal year estimated expenditures on account of, for the fiscal year ending June 30, 1881. paid on account of arrears of, under act of January 25, 1879, during the fiscal year ended United States notes held for redemption of fractional currency applied to payment of Personal effects of persons arriving in the United States, a limitation governing the free Postal service, estimated expenditures on account of, for the fiscal year ending June 30, 1881. Property, government. (See Government property.) Public buildings: Page. III IV V VII VI VI XXV VII XI expenditures on account of, during the fiscal year ended June 30, 1879 IV actual and estimated expenditures on account of, for the fiscal year ending June 30, 1880. V XXXVIII liberal appropriations recommended for prosecuting the work on several large buildings XXXVIII records and files of the Department, recommended that early and ample provision be XXXVIII 1880... estimated receipts from sales of, for the fiscal year ending June 30, 1881.. receipts from all sources, during the fiscal year ended June 30, 1879 monetary transactions of the Government, officers through whom conducted Public debt: expenditures on account of payment of interest on the, during the fiscal year ended increased expenditures on account of payment of interest on the, during the fiscal year actual and estimated expenditures on account of payment of interest on the, for the fis- estimated expenditures on account of payment of interest on the, for the fiscal year attention of Congress called to the acts of February 25, 1862, and July 14, 1870, requiring Public lands: receipts from sales of, during the fiscal year ended June 30, 1879 decrease of receipts from sales of, during the fiscal year ended June 30, 1879, compared actual and estimated receipts on account of sales of, for the fiscal year ending June 30, Public moneys: IV IV V VII VIII III, XXII IV V VI XXII XXII XXII attention called to suggestions contained in report of First Comptroller relating to Public works, estimated expenditures on account of, for the fiscal year ending June 30, 1881. Receipts: ordinary, itemized, from all sources, during the fiscal year ended June 30, 1879 estimated, itemized, for the fiscal year ending June 30, 1881. from the Alaska Commercial Company, during the fiscal year ended June 30, 1879. 1879 Redemption of fractional currency, amount of surplus revenue applied to the, during the fis- Refunding the public debt: available for future refunding operations... Refunds (customs, internal revenue, lands, &c.), estimated expenditures on account of, for bonds, amount of authorized for refunding purposes under the refunding act.. four per cent., adjustment of accounts of purchasers of, secured without embar- United States notes, amount of surplus revenue applied to the, during the six per cent. bonds, for the sinking-fund, by surplus revenue, during the IV IV XVI VII XIX XIX XVI XV offers of, withdrawn April 17, 1879.. in exchange for outstanding ten-forties (five per cents.)... XVI XVI rapidly sold in this country. XV rate of interest as low as will generally maintain the bond at par.. Refunding the public debt-Continued. bonds, four per cent., sale of, in London, rendered desirable, to prevent the shipment of subscriptions received, accepted, and declined, April 17, 1879 suggestions to Congress regarding.... five per cent., (loan of 1858) called April 23, 1879 all of redeemable, outstanding, redeemed.. redeemable on November 23, 1878, for refunding purposes (ten-forties) remainder of called April 21, 1879 Page. XV XVI XV XVII XIX, XX XVI XVI XV XVII, XVIII ..... six per cent., (five-twenties) exchanged for four per cents, under authority of act of January 25, 1879 outstanding April 4, 1879, not covered by subscrip- redeemable on November 23, 1878, for refunding purposes refunded since November 23, 1878.. XV XVI XV XVII, XVIII maturing December 31, 1880, payable upon demand, can probably be provided for from the surplus revenues. certificates, ten dollar refunding, amount of sold by independent-treasury officers, other public officers, and national banks, respectively a premium offered for, but declined, and why convertible into four per cent. bonds, in sums of $50 XIX XVII to facilitate and distribute sale of, national banks and their sale restricted, and how, in order to bring them copies of contracts, circulars, &c., pertaining to, will interest, annual saving of, on five and six per cent. tables showing transactions in, since 1870 table describing bonds that will mature in 1880 and 1881. amount of reserved coin, over and above all matured liabilities, on January 1, 1879..... bullion, and gold and silver coin, aggregate increase of in Treasury, from January 1 to bullion, gold, deposited in the assay offices, and paid for in United States notes. but little demand for freely paid into the Treasury. XX XVIII .XVIII, XIX XIX XVIII IX IX IX IX X XI X IX IX IX IX IX IX IX IX IX IX IX IX IX out at sub-treasuries upon current obligations of the Government United States notes freely received and paid in private business as equivalents, no distinction made between, in the collection of duties, gold bullion deposited in the assay offices, and paid for in United States notes.. Page. Resumption of specie payments-Continued. national-bank notes received and paid out at par with coin in all business transactions. reserve fund created by the resumption act, could not, without further legislation, be IX IX X specie standard, securing of, has given an impetus to all kinds of business. IX, X XI X ΧΙ XI XII XII any in Treasury may be exchanged for coin.. a way to gradually reduce the maximum of, as fixed by the resump- tion act chief objection to emission of, by the Government.. pense convenience and easy transportation of, has enabled the Treasury to exchange of, for coin and bullion, will, in ordinary times, furnish held for redemption of fractional currency applied to the payment less and objectionable assertion of power. IX XXI XI VI XII XI, XII XII XII no inconvenience need arise from repeal of, maximum of, upon which resumption is maintained, increased by not bearing interest, no Constitutional objection raised against the now received for all public dues, carefully fimited in amount, ought they to be still a legal-tender in the payment of debts? outstanding at the date of the passage of the act of May 31, 1878. power to reissue, in time of peace, still contested in the Supreme preferred by the people to coin, as money. presented for redemption, from January 1 to November 1, 1879 notes. provisions of existing law ample to enable the Department to into the Treasury, under existing law, in exchange for they cannot be used at par in exchange for coin, must neces- without interest, circulation of a mutual advantage to the Govern- X should be current money only by being promptly redeemed in coin, XI when redeemed, &c., shall not be retired, canceled, or destroyed, but United States notes and coin, no distinction made between, in the collection of duties, or in payments on account of the public debt.. Reserve fund, created by the resumption act, cannot, without further legislation, be applied expenditures on account of collecting the, during the fiscal year ended June 30, 1879... an increase of receipts, and amount of same, for the fiscal year ended actual and estimated expenditures on account of collecting the, for the fiscal year ending P. Revenue, surplus: amount of, and how applied, during the fiscal year ended June 30, 1879.. IV bonds purchased out of, and applied to the sinking-fund.. VI acts of February 25, 1862, and July 14, 1870, regarded as imposing on the Secretary the VIII Revenue, customs. (See Customs.) Revenue, internal. (See Internal revenue.) Revenue-marine service: expenses of maintaining the, during the fiscal year ended June 30, 1879 XL exhibit of services performed by vessels of the, during the fiscal year ended June 30, 1879 XXXIX, XL XL report of the cruise of the steamer "Rush" in the waters of the Aleutian Archipelago. two new steamers, at least, should be provided for service on the Atlantic and Gulf cadet system of, results produced by. suggested, again, in the interest of economy, that some of the older vessels of the serv- Revenues of the District of Columbia, actual and estimated receipts on account of, for the Rice, importations of, during the fiscal year ended June 30, 1879. will bear a higher rate of duty than now imposed effect of free coinage of River and harbor improvements. (See Military establishment.) Sales of public lands, receipts from, during the fiscal year ended June 30, 1879. Silver dollar: attention of Congress called to the importance of further limiting the coinage of kept at par, owing to its limited coinage XXII XIII Silver coin, subsidiary, coinage of suspended, the amount provided by law having been exe- XIII XIV XIV XIV XIV market value of bullion in, compared with the market value of the bullion in the gold estimated expenditures on account of, for the fiscal year ending June 30, 1881 a favorable time to invest a portion of the in United States notes, to be retired and can- deficiency on account of, for the fiscal year ended June 30, 1879 acts of February 25, 1862, and July 14, 1870, regarded as imposing on the Secretary the amount that the Department will probably be able to apply to the, during the fiscal IV VII, VIII VIII XI VI attention of Congress called to the acts of February 25, 1862, and July 14, 1870, requiring VIII VI importance of meeting the obligations created by the acts of February 25, 1862, and VIII impossible to comply with the requirements of the acts of February 25, 1862, and July VII surplus revenue applied to the redemption of six per cent. bonds for the, during the Sugar, difficulties attendant upon the collection of duties on, under the Dutch-color stand- saving to the Government by the adoption of new regulations at the port of New Surplus revenue. (See Revenue, surplus.) Specie, exports and imports of, since 1861, compared. Specie payments, duty of the Department to maintain resumption of.. IV XXIV XXIV, XXV Specie standard, the securing of has given an impetus to all kinds of business Stamps, adhesive (internal-revenue), receipts from, during the fiscal year ended June 30, XXVI Standard silver dollar. (See Silver dollar.) State banks, aggregate capital and deposits of XXI Steamboat inspection service: receipts from inspection of vessels and licensing of officers, during the fiscal year ended XLII disbursements on account of, during the fiscal year ended June 30, 1879 XLII number and tonnage of vessels inspected and officers licensed, during the fiscal year ended June 30, 1879 XLII Taxes paid by national banks. (See National banks.) Tea, restoration of a moderate duty on suggested as a means of meeting a possible deficiency diminution in receipts from tax on, during the first half of the year 1878, and cause XXVII XXVII XXVII Tonnage of vessels of the United States at the close of the fiscal year ended June 30, 1879. United States notes. (See Resumption of specie payments.) Vessels, merchant: Page. XXVIII XXVIII, XXIX assisted by revenue-marine vessels, during the fiscal year ended June 30, 1879, and esti- IV VII XL entered at seaboard ports from foreign countries, during the fiscal year ended June 30, XXVIII reported disasters to, during the fiscal year ended June 30, 1879, and cause XXXVIII, XXXIX Vessels, merchant, of the United States: XXVIII XXVII, XXVIII number and tonnage of, at the close of the fiscal year ended June 30, 1879 engaged in the domestic trade, number and tonnage of, during the fiscal year ended XXVIII XXVIII XXVII increase of tonnage of, engaged in the domestic trade, during the fiscal year ended June engaged in the foreign trade, number and tonnage of, during the fiscal year ended June decrease of tonnage of, engaged in the foreign trade, during the fiscal year ended June per cent. of merchandise exported and imported in, during the fiscal year ended June Vessels, revenue-marine, exhibit of services performed by, during the fiscal year ended June War Department: increased expenditures of, during the fiscal year ended June 30, 1879, compared with estimated expenditures on account of, for the fiscal year ending June 30, 1881.. TABLES ACCOMPANYING THE REPORT. TABLE A.-Statement of the net receipts (by warrants) during the fiscal year ended June TABLE C.-Statement of the issue and redemption of loans and Treasury notes (by war- TABLE D-Statement of the net receipts and disbursements (by warrants) for the quarter TABLE E. Statement of outstanding principal of the public debt of the United States on TABLE F.-Statement of the receipts of the United States from March 4, 1789, to June 30, TABLE I-Statement showing the purchase of bonds on account of the sinking fund dur TABLE L.-Statement of 30-year six per cent. bonds (interest payable January and July) TABLE M.-Returns by judgment of the United States Court of Claims of proceeds of TABLE N.-Judgment of the United States Court of Claims of proceeds of property seized 3 4,5 6 T 8.9 10-13 14-17 18-21 22, 23, 24 25-36 37, 38, 39 40 40 TABLE O.-Receipts and disbursements of the United States assistant treasurers, and desig- 40-45 II.-REPORTS OF TREASURY OFFICERS. ..... Commissioner of Internal Revenue.... 49 authority for removal of, to manufacturing warehouses without payment of tax bulk of, exported in 1878 and 1879 was produced in Northern Illinois quantities of, withdrawn for transfer to manufacturing warehouse during first |