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REPORT.

TREASURY DEPARTMENT,

Washington, D. C., December 6, 1875. SIR: In obedience to law, the Secretary of the Treasury respectfully submits to Congress the following report on the subject of finance, embracing estimates of receipts and expenditures, and plans of revenue:

RECEIPTS AND EXPENDITURES FOR THE FISCAL YEAR ENDING

JUNE 30, 1875.

From customs....
From internal revenue..

banks...

Receipts. The moneys received and covered into the treasury by warrants during the fiscal year ending June 30, 1875, were as follows:

$157, 167, 722 35

110, 007, 493 58 From sales of public lands..

1, 413, 610 17 From tax on circulation and deposits of national

7, 268, 379 16 From repayment of interest by Pacific Railway Companies

882, 274 91 From customs' fines, penalties, &c.

228, 870 23 From labor, drayage, storage, &c. From sales of Indian-trust lands..

1, 112, 500 53

243, 671 66 From fees-consular, letters-patent, and land

1, 818, 884 29 From proceeds of sales of government property

1, 278, 693 87

338, 893 78 260, 944 75 452, 657 40

317, 494 75 1, 228, 619 98

From marine-hospital tax..
From steamboat fees...
From profits on coinage, &c.
From tax on seal-skins..
From miscellaneous sources

Total ordinary receipts. Premium on sales of coin..

284, 020,771 41

3,979,279 69

Balance in treasury June 30, 1874, including deposits

Total net receipts, exclusive of loans... of coin and United States notes represented by

288, 000, 051 10

certificates outstanding...

Total available cash .....

150, 731, 694 63

438, 731, 745 73 Expenditures.

The net expenditures by warrants during the same period wereFor civil expenses..

$17, 316, 929 53 For foreign intercourse.

1, 265, 418 23 For Indians ..

8,384, 656 82 For pensions .

29, 456,216 22 For military establishment, including fortifications,

river and harbor improvements, and arsenals. 41, 120, 615 98 For naval establishment, including vessels, and machinery and improvements at navy yards..

21, 497, 626 27 For miscellaneous civil, including public buildings,

light-houses, and collecting the revenues.... 50, 528, 536 22 For interest on the public debt, including interest on bonds issued to Pacific Railway Companies.

103, 093, 514 57 For payment of award to British claimants.

1, 929, 819 00 Total net expenditures.

274, 623, 392 84 Redemption of the public debt.

19, 405, 936 48

Total net disbursements Balance in treasury June 30, 1875

294, 029, 329 32 144, 702, 416 41

Total....

438, 731, 745 73

This statement shows that the net revenues for the fiscal year were..

$288, 000, 051 10 And the ordinary expenses, (including the award to British claimants, $1,929,819).

274, 623, 392 84

Leaving a surplus revenue, exclusive of provision for

the sinking fund...

13, 376, 658 26

By reference to the last annual report, page vi, it will be observed that the estimate then made was that the revenues for this fiscal year would reach the sum of $281,318,285 99, and that the expenditures would amount to $275,315,489 42.

RECEIPTS AND EXPENDITURES FOR THE FISCAL YEAR ENDING JUNE

30, 1876.

The receipts during the first quarter were-
From customs..
From internal revenue..
From sales of public lands..
From tax,on circulation, &c., of national banks.
From repayment of interest by Pacific railways.
From customs' fines, &c.....
From consular, patent, and other fees...

$44, 233, 626 25 28, 199, 723 50

308, 641 73 3, 626, 033 83 262, 212 87

28,521 75 510, +27 19 $104,273 65 1, 722, 408 90

From proceeds of sales of government property.
From miscellaneous sources.

Net ordinary receipts.
Premiums on sales of coin.

Total net ordinary receipts... Balance in treasury June 30, 1975

78, 995, 869 67 2, 160, 275 47

S1, 156, 145 14 114, 702, 416 41

Total available...

225, 858, 561 55

The expenditures during the same period wereFor civil and miscellaneous expenses, including public

buildings, light-houses, and collecting the revenues. $18, 673,072 68 For Indians..

2, 660, 474 38 For pensions

8, 345, 927 64 For military establishment, including fortifications,

river and harbor improvements, and arsenals.... 11, 391, 476 26 For naval establishment, including vessels and ma

chinery and improvements at navy yards.... 7, 959, 037 99 For interest on the public debt, including Pacific Railway bonds...

34,517,554 81

Total ordinary expenditures.
Redemption of the public debt.
Balance in treasury September 30, 1875...

81,047, 543 76

6, 838, 999 66 134, 972, 018 13

Total....

225, 858, 561 55

For the remaining three quarters it is estimated that the receipts will beFrom customs...

$112, 000, 000 00 From internal revenue...

92, 000, 000 00 From sales of public lands

1, 100, 000 00 From tax on national banks..

3, 650, 000 00 From reimbursement by Pacific railways..

350, 000 00 From customs' fines, penalties, and forfeitures.

000 00 From consular, patent, and other fees.....

1,300,000.00 From proceeds of sales of public property

600, 000 00 From miscellaneous sources, including premium on coin...

5, 200, 000 00 Total net receipts.

216, 300, 000 00

100,

For the same period it is estimated that the expenditures will beFor civil miscellaneous, including public buildings.. $49, 500,000 00 For Indians...

4, 400, 000 00 For pensions.

21, 000, 000 00 For military establishment.

30, 000, 000 00 For Daval establishment

12, 000, 000 00 For interest on the public debt.

67,500,000 00

Total ordinary expenditures.

181, 400, 000 00

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