The preceding estimates do not embrace the expense incident to the proposed increase of the navy, nor any other expenditure not yet authorised by law. In order to meet any new expense which may thus be authorised by congress, it will therefore be necessary to increase the loan to a corresponding amount. The sums received or to be received on loan, during the calendar year 1812, have been stated (so far as ascertained on the 1st of December at the treasury) at $12,950,200 The payments on account of the principal of the debt during the same year, though not yet precisely ascertained, may be estimated at Making the actual increase of debt during that year 2,350,200 $10,600,000 It appears, according to the preceding estimate, that the whole sum to be borrowed during the year 1813 will amount to about twenty millions of dollars; and that the payments on account of the principal of the public debt will exceed five millions, making the actual increase of debt during that year $15,000,000 Of the revenue which will accrue during the year 1813, and on which the receipts of the year 1814 will principally depend, it is not practicable at this moment to form a correct estimate. So far as may be inferred from the experience of the short period which has elapsed since the declaration of war, it is not probable that the revenue derived from customs will exceed the amount of $5,000,000, at which it had been estimated in a former communication. The duties accrued or which will accrue during the last six months of this year, after deducting drawbacks and expenses of collection, are estimated at less than $9,000,000. Which, deducting about 5,500,000 dollars on account of duties on the late importations from Great Britain, and one million for the duties on importations from Calcutta and China, would not leave more than 2,500,000 dollars for the ordinary revenue on those branches of commerce which are permitted by law, and from which the United States will not be nearly excluded by the war. All which is respectfully submitted. ALBERT GALLATIN. Treasury Department, December 1st, 1812. A. A statement exhibiting the Amount of Duties which accrued on Merchandise, Tonnage, Passports, and Clearances, of Debentures issued on the Exportation of Foreign Merchandise, of Payments for Bounties and Allowances, and for Expenses of Collection, during the years 1810 and 1811. 8,324,457, 48 Deduct interest and storage, Gross revenue per statement (B.) A statement of the Amount of American and Foreign Tonnage employed in Foreign Trade for the year 1811, as taken from the Records of the Treasury. American tonnage in foreign trade, Foreign tonnage, Total in the foreign trade of the United States, Tons, 948,247 Proportion of foreign tonnage to the whole amount of tonnage employed in the foreign trade of the United States, 33,203 981,450 3.4 to 100 Treasury Department, Register's Office, November 18th, 1812. JOSEPH NOURSE, Register. B. A statement exhibiting the value and quantities respectively of Merchandise, on which duties actually accrued during the year 1811 (consisting of the difference between articles paying duty imported, and those entitled to drawback re-exported), and also the net revenue which accrued that year, from duties on Merchandise, Tonnage, Passports, and Clearances. Goods paying Duties, ad valorem. 15,951,507 dollars at 12 per cent. 1,993,938 38 378,682 65 26,222 80 --addl. duty on $18,604,453 at 21 per cent. 465,111 32 18,607,172 2,863,955 15 Spirits, 3,447,873 gals. at 27.6 cents (average) 950,603 86 31 per cent. retained on drawback, 80,952 67 Extra duty of 10 per cent. on merchandise import ed in foreign vessels, 48,947 50 Gross amount of revenue as per statement (A), 8,324,457 48 Deduct expenses on collection, Net revenue, 440,924 46 $7,883,533 02 Treasury Department, Register's Office, November 18th, 1812. JOSEPH NOURSE, Register. VOL. I. S$ C. Statement of the lands sold in the districts of Marietta, Zanesville, Steubenville, Canton, Chillicothe, Cincinnati, Jeffersonville, and Vincennes, from the 1st of October, 1811, to the 30th September, 1812; showing also the amount of receipts from individuals and payments made by Receivers during the same time; with the balance due, both on the 1st October, 1811, and 1st October, 1812. Lands sold, after deducting lands reverted, acres 391,664 65 Receipts by Receivers. On account of purchase money, Payments by Receivers. Into the treasury, The part for expenses, Repayments, Balance due, Oct. 1, 1811. From individuals, 203,408 77 1,496,371 674 746,897 43 47,431 264 782,543 31 29,045 91 2,054 12 By receivers, Total balance due Oct. 1, 1812, 1,599,106 33 184,094 133 $ 1,783,200 47 Statement of the lands sold in the Mississippi territory from the 1st of October, 1811, to the 30th of September, 1812; show-ing also the amount of receipts from individuals and payments made by receivers during the same time; with the balance due, both on the 1st of October, 1811, and 1st October, 1812. Lands sold, after deducting lands reverted, acres 144,872 75 Purchase money, $ 299,904 363 Lands reverted, acres 5,529 86 In hands of receivers, Oct. 1, 1811, Receipts by Receivers. On account of purchase money, On account of forfeitures, Payments made by Receivers. 33,717 491 474,541 231 121,377 411 541 36 Into the treasury, 85,675 77 The part for expenses, Repayments, 5,920 11 231 06 |
