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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 2,350,200 Making the actual increase of debt during that year
$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.
1811. Duties on merchandise 16,601,711 71 10,427,412 21 tonnage
169,161 24 124,363 30 passports and clearances 23,428 00 19,737 70
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,
Tons, 948,247 Foreign tonnage,
33,203 Total in the foreign trade of the United States, 981,450
Proportion of foreign tonnage to the whole amount of
tonnage employed in the foreign trade of the United States,
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
from duties on Merchandise, Tonnage, Passports, and Clearances.
Goods paying Duties, ad valorem. 15,951,507 dollars at 123.per cent.
1,993,938 38 2,524,551 15
378,682 65 131,114 20
26,222 80 --addl. duty on $18,604,453 at 2 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 Sugar 55,332,314 pounds, 2.5 do. 1,391,731 56 Wines, 1,614,654 gallons, 31.3 do.
505,111 35 Teas, 2,557,329 pounds, 21.1 do. 510,594 24 Coffee, 17,468,398 do. 5 cents,
873,419 90 Molasses, 8,500,019 gallons, ' 5 do.
425,000 95 All other articles,
8,093,709 03 From which deduct Bounties,
784 13 Duties refunded, after deducting there
from duties collected on merchan-
8,050,456 31 3, per cent. retained on drawback,
80,952 67 Extra duty of 10 per cent. on merchandise imported in foreign vessels,
48,947 50 Net amount of duties on merchandise,
8,180,356 48 Duties on tonnage,
105,890 43 Light money,
18,472 87 Duties on passports and clearances,
19,737 70 Gross amount of revenue as per statement (A), 8,324,457 48 Deduct expenses on collection,
440,924 46 Net revenue,
$ 7,883,533 02 Treasury Department, Register's Office, November 18th, 1812.
JOSEPÄ NOURSE, Register. VOL. 1.
C. Statement of the lands sold in the districts of Marietta, Zanes
ville, 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
203,408 777 Due by individuals, Oct. 1, 1811
1,496,371 673 Receipts by Receivers. On account of purchase money,
746,897 43 On account of forfeitures,
47,431 26+ Payments by Receivers. Into the treasury,
782,543 31 The part for expenses,
29,045 91 Repayments,
Balance due, Oct. 1, 1811.
Total balance due Oct. 1, 1812,
$ 1,783,200 47
Total Sales of Land.
From the opening of the land of- Acres. Dollars.
fices to 1st Oct. 1811, 3,374,843 431 7,130,852 261 Amount sold since, as above stated,
391,664 65 849,632 091
3,766,508 084 7,980,484 36
Statement of the lands sold in the Mississippi territory from the
1st of October, 1811, to the 30th of 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 of October, 1811, and 1st October, 1812. Lands sold, after deducting lands reverted, acres 144,872 753 Purchase money, $ 299,904 361 Lands reverted, acres 5,529 86 In hands of receivers, Oct. 1, 1811,
33,717 491 Due by individuals, Oct. 1, 1811,
474,541 231 Receipts by Receivers. On account of purchase money,
121,377 411 On account of forfeitures,
541 36 Payments made by Receivers. Into the treasury,
85,675 77 The part for expenses,
5,920 11° Repayments,
General Land Oifice, 3d December, 1812.
EDWARD TIFFIN, Commissioner.