Newspapers / The Raleigh Minerva (Raleigh, … / March 18, 1800, edition 1 / Page 2
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5 C O N G R E S S. - . Hoasn of RsHissittATtris 'fitbrwrj 28. :. . , . . REPORT , . . 0 Z Committee of Ways and Means, 1q whom was referred the FJlimates , for the" Public Service during the prefent year having taken them into confderaiion9 and obtained from the different Departments fuch fur' ther information afthey deemed neceffary, beg leaye'M to fubmit to the Conjideration of the Houfe, (he fo hiving Report oh "that fubiecl. THE Committee thought it proper, before they entereJnla-lh to -tfeai, to obtain from the Treafury Department a detailed eftimate of the revenue and expenditure of the prefent year ac cording to cxiilir For this purpofe waa writ ten to th;Scretary of the Treafuty, tic Teller,-of which a copy No. together "with his anfwer No. -1,1.2 and the eftimate requeued No. HI. is fubjoin- -etito tmnepert. i , T - r-From-this-cftimateJtiip required for the public fervice, during the prefent year including the intereft and reimbotfemeht of the public debt of every defer iption, the civil lift, army and n.avy, tertftof the debt to be itjeurred ; ind-oUmaiia pro-j fifion, alfo, for the gradtial-and timely extinguifhment of the principal: a policy which, in their opinion, ought te be invariably adhered to, as the qnly means of avoiding that cooftant accumulation of debt, which is.the treat evil of tire fundincr fvftem. The commitv tee have turned their attention to this intercfting part of the fubject ; and ha ve little doubt of being able to propofe fuch meafures to the Houfe,. as without ma teriaily encreafing the public burderfs will add to the prefenrTrevcnues a fu'm adequate to the accomplimraent of fo defirable an object. Cut as they are not yet pot feflVd of all the -information -s,iw&ff&ffotmiurig their plan, :Te1f ISr" thetii!jer 6f a further eport ... InJhc mean time they bee .leave to prefent, for-the confideration of the Houfe, the following itfolution, RefolviJ, That ft is expedient to authorize the Pre- Iident of the United btatcs to borrow for the IcrvJct o f t h c p r e fe n ty ear , - a f u m n ot excee ding-three milliri ons five hundred thoufand dollars, upon luch tet(ri3'and conditions as(he Aall-judte-'moftdvantctioa for the United States lr&vidp5itaet brj engage n HUs- S s 1'1W mWh&MllZyXSGl . 4Wtw l.daicdJljeafur Jan. 1 2d, 1800, and fisned OLIVER WQLCQTT, Secretary ot the Ticafury.) " ' " - hhundred-andmetythree-thoupnd any fum or f..m8 tor lOUr UIJHUI9 aiiu until v.ui , r' . ' the whole army eftimate which was founded on the fuppofition that the twelve- regiments of -infantVy and fix troops of horfe, conipofing the additional army, would be immediately completed. The ad, however, for fufpending further inliftments, having paffed one branch of the Legiflature, the" Committee thought it proner to afcejtain, as nearly as poffiblc, what reduc- tjOHsin theeipenTe ;oHaT'amy7"ouu:6In" this bill, fliould it pafs into a law. For 'this purpofc they wrote a letter to the'Secretary of War, a copy of which (No. IV.) with his anfwer, "No. 5, and an tfti mate of tt reduction "in queftion, No. 6, they have annexed to this report. From this paper it appears that the reduction may be calculated at about ote mib lion of dollars : Which, as the bill has now pafltd In to a law, mud be deduced from the formtr eftimate of fifteen millions three hundred and niuetyahree theju fand and thiTty.four dollars end eleven cpts; and will -leave a balance of fourteen millioBS-lhrce hundred nd -ninety threethouud and-thirty-four doHarrand -ele ven cents, tor the cxpences ot tnc year. From this balance, however, the Committee ate 0i opinion, that a further deduflion of fix hundred thou sand dollars dught to be made. This fu'm is adikd. to the navy eftimate, as a further appropriatiotf,-durii,g the pref.-nt year, for the building of the fix feventy fours. But the Committee entertaining doubts whe t her-i t-would Ae for . the benefit of ,, the. pub!kt.Q pit f the building of thofc mips, fo faft, as to require this further appropriation, fince they .mull, in that cafe, be built of timber far from fufacicntly fefoned wrote to the Secretary of the TJavy leqiieftfng his opinion on iuipibt. A..copy of their lcttcrNo. 7) together with his anfwer (No. 8) is hereunto fubjoined. This anfwer, to which the commitfee beg leave to diieft the attention of the IJoufe, furnimesi in their opinio'n,' ve ry1 fufneient rcafons for avoiding that degree of cxpedi tion in Ijuiliing-the feventy fours,-which would require the further appropriation of fix Hur.dred thoufand dol lars." And they therefore think it proper to deduft tjia't fom alfo from, the general ellimates of expenditures for the year, which Will reduce that expenditure to 1 the fum of thirteen millions, feren hundred and'ninefy th.ee thoufand and thirty-four dollars and eleven ctr.ts. . , . . .j The wii'oie cllimatei amount of reeniie to meet this expenditure, is nine millions, three hundred and one thoufand, two hundred and fifty-eight dollars and fif ty one cfc:ts, as detailed in the ftatemtnt (No, 3 ) tur niflied by the Secretary of the Tieafury, and above alluded to, which funi being deduced from the (um of thirteen millions, feven hundred and ninety three thoufand and thirty four dollars and eleven cents, which has been ftated as the amount of the expenditure, leaves a balance of four millions, four, hundjedand feventy fivedollars and fixty one"ceiit3. The -crovernment however, ppiTefs funds to cover this balance in part. From the above mentioned ftate. "ctmBer, one thoufand fcver7hundred and ninety nine7 there remained in the treafury an unexpended balance of the lad year's fupplies, amounting to two million, one hundred and fifty nine thoufand, -three hundred and feventy feyen dollars and ten ceats. A confidera ble part of this fura h?s fincc been paid, of will be re quired for the difchargt of contrails remain ing due for the (fryice of laft year. It is not eafyto afcertain with, precifion, what portion of this balance will remain, af ter fat isfying all demands of this defipription, ta be ap plied to ihe fervice of the prefent year : but the Secre tary of the Treafury, in his above mentioned ftatement (No. 3 ) ellimates it'at pnelrulhon of dollars : art efti mate which the committee have no reafon forconGder 'ifiat oohighTj7 credit of the government," which reduces the balance to be provided by Toan, to three millions, Jour hun dred and ninty of thoufand feven hundred 'and feven ty five dollar.sT" fixty one cents -fay three millions five hundred-thoufand dollars. . .;. " ': . .' ; In propofing a loan" to the Houfe, the Commlrtee widi to call its attention to the propriety of providing, it the fame time,- permanent revenues equal to the in- towed at any time after the eipiration --fifteen years from' the date of fuch loan. " . (No. 1.) -litter to "the Secretary of thi Treafury, Cotnuuttee Room, Jan. 6, t8oo. 'Sir, '- In compliance with a refolntion of the committee of ways and means, I have the honor to ttqueft from you,' for their yfe, the following information, as fpeetiy asmay .accotd : vsith yo6tc0nvenierjce, : ill. An eftimate of the expence and revenue of the current year, according to exifting laws. 'ad. A ftatement of the receipt and expenditures for the laft quarter of ihe laft year, as far as thty can at prefent be afcertaintd from the accounts made up at the treafury; - . 3d. A ftatement of the account betwe the United States and the Bank, as it now ifands,' more efpfcially with refpett to the reimburfemcnt .ofJormer loans. - -"'T--:':,vlth-very, great rcipcct, 'Iliave tbe honour to b,. Sir , yourobedicnt fervant. ROBEKTG. HARPER. Hon. the Setretary of the Treajury. - (No. 2.) LeUcr fnm the Secretary of the Trenfury. Treafury Department,, Jan. 22, ittoc. , Sir, . .' ; , " ThTve herewith three ftatc- ments, which have been prepared in compliance with the rtqueft of the committee of ways and means I ft. An cJlinatt;,jJtvtfic revjehue an4 exptwHtr'of the year 1806, according; to cxilinj-laws. - 2d. A lUttnrtnt of the rccerpts and Expenditure of the United States, from the lit of Oclober to the 31ft December! 799. 3d. A ftttteiritnt of the loans made by the Banic of the United States, exhibiting the fums lemaining un paid. ' - .--:-' Variotss enquiries having lately been m a dc ref prey ing the public debt, I have judged it expedient to ftate the capitals of the different ftdeks, at the clofe of the laft yccr. The following debts have been incurred and remain unpaid, in confeqtieuce of expenditures auihorifed by Congrr fs, under the prefent conftitution of the United States. - The balance due t6lhTBank of the United States, being Dollars. ' ' ". : ' , " ' 3,640,000 From which dcdiacl -the coft 2220 fiiarcs, which are held by the United States, 888,000 :. The principal debt of the United Statei, ha8thrct foreincieafed, fince the eftabliftiment of the prefer government, the fum of one million five h'undred and fixteen thoufand three hundred and thirty eight dol lars and fifty cents. :- 1 have the honor o be; with the grcateft ' v RefpedYj fir,,your obedient fcrvant v" ' OLIVER WOLCOTT. To the Hon. Robert Coodke Harper; Efq.,tbair main of the committee of nuays and means. " , J (No. 3, is an eftimate of the expenditure and re venue of the United States, during the year 1800 j the formtr is eftimated" at , dolt. - cti. The latter at Leaving the ba lance to be provided for about 5Q9T775 60 At theTiill, Sir. for fufperidin? inliftments, Ihoold it pafs, i will make a materia! variation in the army ex penditures during the prefent year ; and as the elli mates now before , the committee of ways and means, arc predicated on the exifting law, without any-rtfer- ence to that meafure ; it will be important for the com mittee to "be informed as fpeedily as poflible, of the probable amount of thofe expenditures, in Cafe the bill in queftion (ho u Id be agreed to I have therefore the honor of requefting that yxni will be fo good as to fur nifh me as foon as circumftances may permit, with an eftimate of the nature alluded to, for the ufe of the " committee, and alfp with an abftrat of the ftatements and returns whereon it may be founded With fentiments of very high refpct, I have the , honour to be, Sir, your moft obedient very humble fet van t, . . (Signed) ROBERT G. HARPER. The Hon, the Secretary at War. No. 4.) 10 mm 1 1 teeR 00 January 3 1 jnsoPt. Sir, War Department Oth Jan. 1800. V ' . . . ..... ' 2,752,000 The amount of 6 per cent, flock, iflued pur- Tuant to an act qfongrefs paffeel on the 31ft May, 179 ; the'proceeds of which ; were anolied twwards the, payment of a bin "obtained-Df r he-bankof-NewYorkt--8o7ooo" The f$TDer : cent. ftocklTued in ant to an act paned on the 10th July, '98. 5,000,000 The 6 per cent navy ftock, ilfued in 1799, ." purfaant to an ad paged on the 30th June, 1 ''-.- " l'ioo There wril be ; iliied of rT per cenr. navy ' :y , ftock, in payment, for (hips now preparing for fervice, which may be deemed a debt ? already incurred, though not . liquidated about . - . S 20,000 I have , the honor to enclofe the copy of a letter from me to Major General Hamilton, the object of which is, to provide, as far as practicable, againft a wafte of public monies, in either of the events of fufpenfion of enliftments, being directed by law, or of the fpcedy Tcttlemetit of bur differences with the French Republic. I enclofe alfo agreeably to your requeft, an eftimate intended to exhibit, as far as practicable, the proba ble amount of the military appropriations that will be ruirA'( rk ymr, I mmfc itlC bill fOT fuf- pending euliftmcnts, now before the Senate (hould pafs into a law. - ... : It mull be fuppofed that feveral impreflive circum? ibnees require to be weighed with dac coniideratipn, when deciding upon aq appcopriation, with either of the events mentioned irt profpecti lil. The time which muft be confumed ia admit ting orders to the officers at the differentrendezvous, to difmifs the recruit's or fafpend furthe enliftments. There are in New Hampfhire 4 recruiting rendezvous, in Vermont 3, Rhode Ifland 3, Maflachufetts 20, Con. neficut 10, New-York 10, New' Jerfey 6, Pennfyl vania 13, , Dele ware I, Maryland 10, Virginia 20, North Carolina 9, South-Carolina 6, Georgia 2, Ken tucky 2, and Tenneflte i 2. The time it will require for each officer and fol diertb return home, and'fpr which they are by law to be allowed pay and rations or an equivalent in money.- 3. The time it will take, to pay off the officers and mien. ' ' . '- .' ' 4th. The expenae which will attend removing to the public depots, the feveral articles of cloathing, tents, and camp equipage, which Sre widely fcattered over a great extent of country. - ' ' . ' - 5th. The expences to contractors on breaking up of thearlriy for trarifporting provifions frorn places where the . -1 Amounting in the whole to, f ,71,200 f The following furos may be properly oppbfed to the debts above enumerated. " i The fums of ftock purchafed and redeemed, f the intereft whereon is vejled in the truf- tees of the finking fund' ' 4,704,219 60 The fums re imburfed on the I ft of Jan 1 800' of the principal of the 6 per cent, flock, purfiiant to the act of Maich 3d, 1 795, . "'. computed;at7r;'"r - 2,540,641-90 Amounting to; 7,244,861 50 by confuraed eo.nformably to the ' ultfortn pQifion of ,? contracts. ' ' " j " ': ' "-'. ' ,v-'.' ' The difbanding of an army, fe.ttlements with the in-, dividuals who compofed it, and due attention to col lect and depofit: fafcly the various, articles of publicVf property it had in ufe, will always occafion con fid er- -able extra expences refpecting which it is impoffiKle'to furnifh precife and fatisfactory items. j.f - ' I am, Sir wi.h great refpejfV, . .. Your obedient fervant JAMES M HENRY. Robert Gsodloe Harper, Ffq jChairman of 1 tnc Committee ox trays pna means. J The eftimate acptmmpanying this letter amo4Wtiir. to 3,oo5,076 dolla'rS Sj ccrits 3 " .' t fc - u - -- ; ; Jfg r.:. m (No. 7 ) -1 " " -T 'F Committee-Room January $d9t 1 8oo .. ' THE Committee cf Ways ami Means, fir, having ' turned their attention tothe amount of the fupply which will be required, for the.various branchel of th Public Servicer during the prefent- year'r find in the el - -timates, which have beeii'laid before them, an item o 600,000 dollars for the fix feventy four gun fhips'or. .it;. -- -1 -i.-;...' :y-F- i "V - - . f .-. ....
The Raleigh Minerva (Raleigh, N.C.)
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March 18, 1800, edition 1
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