Show treasurer report november 3 abo report ot united st aloo treasurer for alio buical year juno 3 shown an increase la tho receipt over for asso aiom every fourcy four cc in custom revenue galoot lands ll sources Sl etolil in cloaie which added to tho net reduction of expenditures mikes an increase in 0 alio net revenues and tho net expenditures the excess of tho receipts conr payments was of which was expended in tho 0 alie public debt alic balanco in abe treasury increased from at tho beginning to nt the end the fiscal year the amount expended on account 0 interest and premium on tho public debt ann down ironi issia ism in laio to sa rC TOSO a reduction ot TIC funding to the 0 disbursing ollic cra and 0 mhd united with barlou 0 the Treasury juno S wis for tho fiscal year on account of tho bost was 7 arl and iho t 0 which amounts al 21 biow 0 o and expended directly bt alio fandl in treasury amount to i nn increase since the last report by reason ot taking up certain previously carried in aish at iho close ot alic carth cro a held by tho treasurer ta united states bonds M security tor tho 0 national banks and M security for public deposits in llana during abe atar la loines WAS deposited lor chec purpose put pose and kij withdrawn by tir tho transactions of any former year alie amount ot unita states currency at iho cloo of ani iau redeemed dottl sanco lirt esaua of unica blutza bondi have been tho year the aKrc salo retired by tion nion aind from march 11 ld to alio close of the lescal anit WO coupons from bond of tho value of ciji paid during tho benr aad Inter exl on calil by nien nut 10 national bank notes received for redemption the kejr ahoo under act of juno lio bail liten iho september 3 with tho condition alio llio bame daiy diy lt car iho most clia occa arc iho increase in cold coin and bullion and tan on liand and in lo 10 ac luilly hutst iud ins tho galil belonging to iho september SO alie list four yena VIM 11 CJ CJ 2 n in in istel and of galil and coin and bullion held by ahe without regard to obligations iiii it it i from in laa to W i in WO to ia akst anil e ans 55 i of ans cold and lit kill cr 1 I tic increase in creaso in gold wm greater and in less lat icer than any year sinco tho coinage of iho Blin dard dollar begin iho united fc ote on band sll cutly last ear the public demand for notes for circulation alio llio on band tho amount required for pimont pim 0 clearing bouse Is ai CO a year ago 1 he practice alio llio past year hai been to mako 10 per cent of all payments in bollara or certitil ites 4 per cent in kold coin and W per cent en to this rule loiero Is one important under an arrangement between alio llio ury and tho rw york blouio all plymouth by ibo to ihli tion ant 1 car mun be made in coin yr santos note fiher bollara not balog under its bilci ilver nrc now bains paid it b alie treasury Tr eaury ti toma extent in lirgg in lieu of gold coin tor use in payment 0 custom duca aade from any n to ho expediency of the hilver dollar it would seem for any branch of alio government to encourage an arrangement by which coin which alio llio law has mido full begil tender li discredited in to held for the redemption demp tion of united notes tho arcas la requiring for of notes in tho preparation for of payments a fund was created in s cc tion 3 the fao of in bonds and iho tiou ot protect houiland ing noted abo amount of tah fund his never been definitely fixed but it ha been maintained at about 40 per cent 0 united slates notes it hat usually been assi umed thai a reserve of 10 percent h abe of slates diotes but under tho method of the reserve h nul merely 10 per tent of represented by states nole bul alibi per cent of all other liabilities so ni kold liver and lionso aro concerned ft I 1 under alie laws their that full amount should be ft mido in gold and united 11 funds for their but as to the other liabilities h no such obligation ni llila and it li submitted thai no higher ry berto protection is required for abo protection of notes in alie of trade and commerce unless omo calamity shall the mallon there seems to be no probability of a run upon iho of hie Tren nury iho loail for coin in ilni redemption of united states aagre galad t anco bill and hotca whatever have been presented for binco ginco february biml should tharo ever bo a run on tho specie the Tru truro rv united bolei will bo made iho basis of and 1101 abo other matured obligation compose the very varied current of abo government abo exact of ft ivr demand for of the other than united states dokei ti chown by lo 10 be considering abc xo as a aholo iho tay it li clear thai ahl ever the will protect united states hotca will tho other the treasurer docs not attempt to aay whit ahli should be but h 0 that a uniform hould bo fur 11 current olber llian ibo three closes of and abe of cath la iho treasury should bo expended from time to time la abe purchase or redemption demp tion ot the public debt according 0 o some and announced plan should this bo done uio policy of ibo department part ment would cebue 10 bo to the influence of the 1 I ou the money would bo reduced to a minimum during the last two yearn there bai been a heady increase tn outstanding nolar of of j and under and a decrease in notch of algner hundreds alone the product of abo gold silver and copper mines of iho So this year prom to bo nuovo ahw |