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Show ITncle Sam's Gold, Silver and Notes. Washington, December 6. The annual report of the United States Treasury for the fiscal year was $223,690,706, or $34,829,163 less than that of the preceding year, while the expenditure was $26,226,935, or $16,100,-690 $16,100,-690 greater than that of the preceding year. The surplus available for the reduction of the publio debt was, therefore, $40,929,854 less than was available on the first of July, 1884. Assets, according to the new form of statement, September 30th, 1885, were $574,-708,256, $574,-708,256, or an increase of $55,078,007 over 1884. The liabilities were $380,381,777, an increase of $10,216,592 over 1884, and the balance, $19426,478, an increase of $44,-801,416 $44,-801,416 over 1884. During the same period there has been an increase of S33.464.633 in gold assets, $52,095,017 in silver assets, $6,-776,423 $6,-776,423 in legal tender assets, and of $171,-284 $171,-284 in National Bank assets and National Bank deposits. The bullion fund, or deposits' depos-its' in the mints, was, on the 30th of June this year, $148,504,629, as against $141,648,-058 $141,648,-058 on June 30th, 1884. The issue of United States notes during the fiscal year, in place i of such as were returned in a torn and mu-itilated mu-itilated condition, amounted to $84,493,153. STLVEB CEBTIFIOATES TO" THE AMOUNT OF $40,000,000 Were issued, and $20,990,045 were redeemed during , the year. Gold certificates of old issue, amounting to $52,420, were redeemed. Of the new issue $63,000,000 were issued, and $21,017,100 were redeemed ; coupons from United States bonds to the amount of $8,084,067 were received from several Assistant Assist-ant Treasurers, by whom they were paid and examined in this office. Called bonds of the United States, amounting to $45,968,600, were redeemed, of which amount $45,588,-150 $45,588,-150 was for the sinking fund. Interest amounting to $42,570,736 on registered bonds of the United States, including those issued to the Pacific Kailroad companies, was paid. THE NATIONAL BANKS WITHDBEW $53,303,350 yjt bonds held to secure their circulating 6 notes, and $31,300,700 of bonds were depos- 7 ited for that purpose, a net decrease of $22,- 02650- Among the deficits occurring dur- ing the fiscal year, making the amounts involved unavailable to the Treasury, were one of $25,341.61 in the office of Assistant Treasurer, New Orleans, and one of $11,-. $11,-. 857.37 in the Assay 'Office at Boise City, . Idho. Unavailable funds were decreased by the following items: Reduction of the amount of deficit at the branch mint at San . Franoisco, $5,685.88, a reduction of the amount involved in the failure of the Venango Ven-ango National Bank of Franklin, Pa., of $12,755.60, and adjustment of two defaults in the former United States Depository at Baltimore, amounting to $6,900.77. and $1,196.87 respectively, making a total decrease de-crease of $26,538.68, and a net increase in unavailable funds of $10,660.30. THE NATIONAL BANKS PAID INTO THE TBEASUBY On account of semi-annual duty on their circulation, the sum bf $2,794,584, which was $230,084 less than was paid on that account ac-count the preceding year. Circulating notes of National Banks amounting to $50,209,129 were received for redemption during the year. This amount included notes of National Banks that have failed, gone into liquidation," or are reduoing their circulation, circula-tion, of which $28,462,225 were redeemed during the year. The notice is given of the suspension of the issuance of one and two- i dollar notes, and the economy affected thereby, the saving for one quarter being the cost of printing $5,000,000, worth of notes and the paper used in their manufacture. manu-facture. At this rate a reduction in the smaii note issue is indicated by about $28,000,000 during the current year. . The Treasurer further reoommends the ESTABLISHMENT OF AN ISSUE DEPARTMENT ' In order to obtain greater security than now prevails in the treatment of legal tender notes and other securities of the Government. Govern-ment. The report states also that there has been printed, but not issued, Government securities in excess of the sums provided by law, amounting to $187,128,000, and requests that the practice of printing these notes be sanctioned by law or the notes retired. The Treasurer says that he should have authority to make frequent examinations of sub-Treasuries and the Mints to enable him to know that the funds with which he is charged are held as represented, and to hold officers to a more strict accountability than has heretofore prevailed.- He recommends an appropriation sufficient to cover the expense ex-pense of such examinations. He also favors a scheme for the reorganization of the sub-Treasuries sub-Treasuries of the United States, the officers of which have had the ... . . : DUTIES "AND BESPONSIBILITIES LABGELY INCREASED IN-CREASED Through the issue of gold, silver and legal tender certificates; and in other ways attention atten-tion is directed to the large amount of funds to the credit of disbursing officers of -the government. It is believed that advances are made to these officers in excess of their current requirements. For years the amount has rarely been less than $20,000,000, and has frequently exceeded $40,000,000. It is recommended that the modes of payment to them be restricted to the some needed, in monthly payments. A yery large part of these advanoes is made to pension 'agents and it is recommended that a change be made B IN THE MODF I F PAYING PENSIONS, And that these payments be made by means of Treasurers' checks in the same manner as interest on the publio debt is now paid. .The Treasurer recommends that the practice of issuing legal tender gold and silver certificates certifi-cates be discontinued, as expensive and dangerous dan-gerous through the accumulation of the immense im-mense sums now in the Treasury, silver cer-tincates cer-tincates especially, on the ground that it has proved to be a positive hindrance to a more extended circulation of the silver dollar ihis latter he also considers too expensive a currency for daily use, as owing to the ! express charges paid by the government in putting these coins into circulation, and the : further charges paid by the people to return them to monetary centres, where thv inn. - can be issued, - i ) SILVEB COINS CAUSE A LABGE LOSS TO THE ." COMMUNITY. , It is apparent, he says, that the execution of . the coinage law is gradually converting the . funds of the Treasury into standard dollars - livery exertion has been made to give an ex-. ex-. tended circulation to these coins, but with-. with-. out the success which the large expenditures incurred would warrant. Such success as . has been obtained has been at a very great expense to , Government, the excessive cost f urnishuig a" strong argument against continuing : the issue. The circulation obtained ob-tained is short lived, the coins finding their way back iron diately to sub-Treasuries, tne return movement costing individual handlers more for" transportation than the original issue cost the Government. As the sub-rreasunes become over-loaded with returned, re-turned, and the mints with unissued dollars, the Government is obliged to transport them at a heavy cost to the nearest placein which thS n ?LCan belonnd- He recommends JStf Treasury be permitted to seek some more economical mode than now employed! frdet0ftabntethem Rnd othermoneys fhemtoentToefafni17- . Tr r FBACTIOXAL COIN HELD IN THE TBEASUBY ! J ff,23C 1,899.49, and recommends the repeal Ending to prevent their over-issue 1 fSr glves-a statement of the abrasion K 82? n,7 m and estimate as to I Wfh, T?id 0034 to replace them with i other subsidiary coin of equal or greater of ' flnd commends the issue of new whfaP611 and Feater beauty, coCeKrV68 ftEe new issue to 3f fatlo- .In order to save expense of I a Sd a184? "inor coiATwhen a sufficient supply M already in the Treas-tSLa Treas-tSLa a rec,mmended that coinage be sus-frnm sus-frnm fl futnre demands be suppUed anoHnf5 mee3 8t the 0084 f the applicant, as this is the only practicable : way in which to prevent a constantly recur ring redundancy. The Treasurer further recommends thai - the entire revenue., derived from the Post office- Department go .through the Treasury and be spent under its supervision. |