houses of The United States, during the above specified period, amounts to the sum of .... (2.) That the aggregate of the Debentures paid during the same period amounts to the sum of......... 28,271,143 50 2,624,421 66 Leaving the amount of Duties, for the above specified period (subject only to a deduction for the expenses of collection) at the sum of ...... Dollars... 25,646,721 84 (3.) That the aggregate of the Duties received at all the Customhouses of The United States, from March to December, 1815, both months inclusive, amounts to the sum of.. ........ ...... (4.) That the aggregate of the Debentures paid during the last-mentioned period, amounts to the sum of Leaving the amount of Duties, for the lastmentioned period (subject only to a deduction for the expenses of collection), at the sum of ...... Dollars... 6,916,399 76 794,857 33 6,121,542 43 (5.) That the aggregate of the Duties received at all the Customhouses of The United States, from January to July, 1816, both months inclusive, amounts to the sum of ....... 21,354,743 74 ....... (6.) That the aggregate of the Debentures paid during the same period, amounts to the sum of .... 1,829,564 33 Leaving the amount of Duties for the last-mentioned period (subject only to a deduction for the expenses of collection), at the sum of ......... Dollars 19,525,179 41 The Districts of The United States have contributed in very different proportions to the results in the collection of the Customs, which have been thus generally stated. The following Abstract will afford a comparative view of the Importations into some of the principal Districts (those whose importations have produced duties exceeding 400,000 dollars), from March, 1815, to July, 1816, both months inclusive. This Statement exhibits the amount of money actually paid into the Treasury at those Ports, and not the amount of Duties which accrued during that period. III. Of the Public Debt. In a Supplement to the Annual Treasury Report of December, 1815, made to the House of Representatives on the 28th of February, 1816, it appears that the Balance of the whole of the Public Debt, contracted prior to the late War, amounted, on the 12th of February, 1816, to the sum of............. 38,335,832 58 ... The amount which has since been reimbursed of the Principal of the old 6 per cent. and deferred Stocks, besides the payment of the Interest, is...... 556,558 26 And at this time, the Balance of the whole of the Public Debt, contracted before the late War, amounts to 37,779,274 32 In the same Supplemental Report it further appears, that the estimated amount of the whole of the public Funded Debt, contracted in. reference to the late War, amounted, on the 12th of February, 1816, to the sum of ...... Dollars 68,374,764 94 To this amount there has been since added the following items: 1st. In 6 per cent. Stock, to pay the Bank of South Carolina, according to the contract for a Loan made to General Pinkney, under the authority of the War Department, the amount being included in the appropriations for the Military Service..... 43,956 04 2nd. In 6 per cent.Stock, to pay the Union Bank of Charleston, S. C., according to the contract for a like Loan, the amount being included in the appropriations for the Military Service......... .... 43,956 04 3rd. In 6 per cent. Stock of 1815, in lieu of Treasury Notes funded at 95 per cent., under the Loan of 1815, and which thus operates to reduce the amount of the Floating Debt.............. 4th. In 6 per cent. Stock, in lieu of Treasury Notes funded at par, (as far as has been ascertained,) and which thus operates to reduce the amount of the Floating Debt, estimated at....... 5th. In 7 per cent. Stock, in lieu of small Treasury Notes, funded at par, (as far as has been ascertained,) and which thus operates to reduce the amount of the Floating debt, estimated at...... 335,447 90 9,200 31 ..4,289,089 00 Brought over... Dollars 68,374,764 94 Amount of the addition, since the 12th of February, 1816, to the Public Funded Debt, contracted in reference to the War Estimated amount of the whole of the Funded Debt 4,721,649 29 at this time, contracted in reference to the late War 73,096,414 23 In the same Supplemental Report, it appears that the amount of the floating Public Debt, on the 12th of February, 1816, was esti mated at the sum of To this sum, there have been since added the following items: 1. There have been issued, and re issued, small Treasury Notes, estimated at 2,004,597 00 2. There have been issued Treasury Notes, bearing interest, at 3. There have been obtained Temporary Loans from the Banks in the District of Columbia, under the Act providing for the re-construction of the public buildings, in addition to the Loan of 100,000 dollars, stated in the Supplemental Report ........ 16,920,115 41 2,868,900 00 4,873,497 00 50,000 00 4. There has been obtained a Temporary Loan, from the Farmer's Bank, of Virginia, to pay a Warrant of the War Department, in favour of the Government of Virginia, for Militia Expenses during the War 150,000 00 200,000 00 Dollars 21,993,612 41 But the Floating Debt has been diminished since the 12th of February, 1816, in the following manner:1. By the subscription of Treasury Notes to the 6 per cent Loan of 1815, as above stated... 2. By funding Treasury Notes at par for 6 per cent Stock, as above stated...... 3. By funding small Treasury Notes, for 7 per cent stock, as above stated 4. By the payment in Treasury Notes of duties and taxes, estimated to have amounted in Treasury Notes, bearing interest, to the sum of......................... ... In small Treasury Notes........... 5. By the re-payment of Temporary Loans, to wit: 318,675 52 9,200 31 4,289,089 00 7,217,853 58 150,000 00 Brought over...... Dollars 11,984,818 41 21,993,612 41 To the banks of Columbia, on ac count of the Public Buildings ............ 225,000 00 To the State of New-York, on ac count of Militia, (principal,).................... 350,000 00 To the Farmers' Bank of Virginia, (principal,) .... 150,000 00 12,709,818 41 Estimated amount of the whole of the Floating Debt at this time .....Dollars *9,283,794 00 A more general view of the issues and reimbursements of Treasury Notes has been presented by the Register, to show the amount outstanding on the 1st of August, 1816, from which it appears :— 1. That the Issues have been, under the Acts of Congress, of June 30, ...... 1812,......... February 25,.. 1813,......... 5,000,000 00 5,000,000 00 Total Amount of the Issues of Treasury Notes...... 36,133,794 00 2. That the Reimbursements, by payments, where the Notes became due, by subscriptions to the Loan Deduct estimated amount of interest included therein, ...... 2,067,407 16 27,400,000 00 Leaving an outstanding Balance of Treasury Notes of every denomination, on the 1st of August, 1816, amounting to the sum of.......... .....Dollars 8,733,794 00 The Amount reimbursed, as above stated, including interest, being 29,467,407 16 dollars, consists of Treasury Notes cancelled, including interest, and in course of cancelment, at the Treasury, amounting .12,904,986 00 to Outstanding Treasury Notes 8,733,794 00 550,000 00 9,283,794 00 Brought over,... Dollars 12,904,986 00 And of Treasury Notes including interest, deposited in the several Banks to the credit of the Treasurer, as appears from his Statement, ......... .... 16,562,421 16 Dollars 29,467,407 16 The Balance of 8,733,794 dollars, exclusive of interest thereon, is still subject to reduction, for the amount of Treasury Notes in the hands of Collectors and Receivers, not deposited in the Banks, on the 1st of August, 1816. There can, therefore, be no doubt, that during the 5 subsequent months of the present year, the whole of the Floating Public Debt in Treasury Notes, as well as in Temporary Loans, will be extinguished, agreeably to the anticipations which were expressed upon that subject. From the preceding Estimates it appears that, at this time, the aggregate amount of the Public Debt is the sum of 120,159,482 55 dollars, consisting of the following items: 1. Funded Public Debt, before the late War Dollars. C. 37,779,274 32 2. Funded Public Debt, contracted since the War 73,096,414 23 3. Floating Public Debt, outstanding 9,283,794 00 Dollars...120,159,482 55 The aggregate Amount of the Public Debt, as estimated on the 12th of February, 1816, being the sum of ...... .... 123,630,692 93 The aggregate Reduction since that period amounts to the sum of.... Dollars... 3,471,210 38 The Funded Public Debt will, unavoidably, be augmented, as long as the disordered state of the Currency shall compel the Treasury to make any of its payments in the small Treasury Notes, fundable at 7 per cent; and the necessity of issuing Treasury Notes, bearing interest, from the same cause, will also, in some degree, augment the Funded Debt, while it retards the extinguishment of the Floating Debt, for which the Revenue is otherwise ample. To render the Funds of the Treasury as active as possible, however, they have been applied to pay off the Temporary Loans by anticipation; those obtained in Boston and Maine, making together 550,000 dollars, being the only Loans for which the Local Currency could not be provided. It would have been desirable, indeed, to have employed some of the Public Funds in the purchase of the Public Stock, where it had fallen below par; but, upon examination, it was found, that the Appropriation for the Sinking Fund did not admit of that operation; For the Balance of the Appropriation of the preceding year, appli |