State of the Union Address by Arthur, Chester Alan, 1830-1886
|
A word from our supporters: File extension FDB | The ordinary revenues from all sources for the fiscal year ending June 30, 1881, were: From customs - $198,159,676.02 From internal revenue - 135,264,385.51 From sales of public lands - 2,201,863.17 From tax on circulation and deposits of national banks - 8,116,115.72 From repayment of interest by Pacific Railway companies - 810,833.80 From sinking fund for Pacific Railway companies - 805,180.54 From customs fees, fines, penalties, etc. - 1,225,514.86 From fees--consular, letters patent, and lands - 2,244,983.98 From proceeds of sales of Government property - 262,174.00 From profits on coinage - 3,468,485.61 From revenues of the District of Columbia - 2,016,199.23 From miscellaneous sources - 6,206,880.13 Total ordinary receipts - 360,782,292.57 The ordinary expenditures for the same period were: For civil expenses - $17,941,177.19 For foreign intercourse - 1,093,954.92 For Indians - 6,514,161.09 For pensions - 50,059,279.62 For the military establishment, including river and harbor improvements and arsenals - 40,466,460.55 For the naval establishment, including vessels, machinery, and improvements at navy-yards - 15,686,671.66 For miscellaneous expenditures, including public buildings, light-houses, and collecting the revenue - 41,837,280.57 For expenditures on account of the District of Columbia - 3,543,912.03 For interest on the public debt - 82,508,741.18 For premium on bonds purchased - 1,061,248.78 Total ordinary expenditures - 260,712,887.59 Leaving a surplus revenue of $100,069,404.98, which was applied as follows: To the redemption of-- Bonds for the sinking fund - $74,371,200.00 Fractional currency for the sinking fund - 109,001.05 Loan of February, 1861 - 7,418,000.00 Ten-forties of 1864 - 2,016,150.00 Five-twenties of 1862 - 18,300.00 Five-twenties of 1864 - 3,400.00 Five-twenties of 1865 - 37,300.00 Consols of 1865 - 143,150.00 Consols of 1867 - 959,150.00 Consols of 1868 - 337,400.00 Texan indemnity stock - 1,000.00 Old demand, compound-interest, and other notes - 18,330.00 And to the increase of cash in the Treasury - 14,637,023.93 - ***State of the Union Address Chester A. Arthur December 4, 1882 To the Senate and House of Representatives of the United States: It is provided by the Constitution that the President shall from time to time give to the Congress information of the state of the Union and recommend to their consideration such measures as he shall judge necessary and expedient. In reviewing the events of the year which has elapsed since the commencement of your sessions, I first call your attention to the gratifying condition of our foreign affairs. Our intercourse with other powers has continued to be of the most friendly character. Such slight differences as have arisen during the year have been already settled or are likely to reach an early adjustment. The arrest of citizens of the United States in Ireland under recent laws which owe their origin to the disturbed condition of that country has led to a somewhat extended correspondence with the Government of Great Britain. A disposition to respect our rights has been practically manifested by the release of the arrested parties. The claim of this nation in regard to the supervision and control of any interoceanic canal across the American Isthmus has continued to be the subject of conference. It is likely that time will be more powerful than discussion in removing the divergence between the two nations whose friendship is so closely cemented by the intimacy of their relations and the community of their interests. |



