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Government Finances

Government Finances image
Parent Issue
Day
20
Month
September
Year
1878
Copyright
Public Domain
OCR Text

The Treasury Department has published a detailed statement of the reoeipts and expeuditures of the Government in the last twenty-two years. The net revenue and net ordinury expenditures compared are: Met O'diïulry Ycar. Set Rcoenue. Expenditures. 1856 $74,056,699 $ 09,571.025 1857 68,868,81a 67,795797 1858 46,036 365 74,185,270 1859 5 4S,4Uü O'.l, 070,0% 1860 CC,('()l,f07 63,130.698 ln-,1 41,509931) 06.516, IU4 1862 61,987.455 474.761818 18B3 112.697,293 714,740,725 ltifll 201 62,771 8(.",:i22 641 1865 33i,71460r 1.297,555,724 IP66 658,032,620 620,S09,41 ]K07 490,684,010 857,643 675 1868 405 638,08.1 S77.3(0,284 18TO 370 943,747 312,8(5,977 1870 411,955,477 309 653 660 1871 883,323,944 292,177.188 11872 371,10686! 277.517 962 1873 :W3.7a8,201 590 345 245 1K74 280,478,755 287,13:1.873 1875 288,000 052 274,023,392 1S70 287.4R2039 258,459,797 1877 269,000,686 238 (60,008 I 1878 257,763,878 236,961,320 The largest sonree of revenue for the ; whole period lias been customs, bnt for the years 1864, 1865, 186C, 1867 and 1868 the internal-revenue duties yielded t.ie most. The inoonie from these two souroes, for the years 1856 to 1878, has been: i iitrmal Yfar. ('ifoiii8. Revenue. 1S56 $ 64.022,83 1857 68,876,905 1858 41,783,020 18M 49,505.824 18ftO 53,]87,511 1861 39,582,125 18152 49,050.397 1863 69,059,648 $37 640,787 1H64 112.316.162 109,741. m 1865 81. 928. 260 209.464,2 5 1866 179O4CC.-1 809,2)6818 1867 176,47810 266,027,51)7 1808 181,464,598 191,087.589 1869 1ni.0JK.42C. 158.3)6,460 1870 19M38374 181,899 TM 1871 806.270 408 143.198188 I 1872 2ir,37O2St; 180841,117 1878 188 089 522 113 718 :U4 1874 163,103,888 102,4011,781 1875 157,167722 110,007,488 1876 148,071984 116 700,732 1877 180966,468 118 630 407 1878 130,170,680 110581,028 The net ordinary c.xpenUitures are ar ranged under seven heads, and of these i the payment of interest on the public debt is the largest. For the year 1S7S, the interest on tho public debt cast $'-20,000,000 more thau the Indians, p;nj sions, Navy Department and War Department all together.

Article

Subjects
Old News
Michigan Argus