Presidents -- United States -- Messages; United States -- Politics and government -- Sources
The receipts into the treasury from all sources, including loans and
balance from the preceding year, for the fiscal year ending on the 30th
June, 1862, were $583,885,247.06, of which sum $49,056,397.62 were
derived from customs; $1,795,331.73 from the direct tax; from public
lands, $152,203.77; from miscellaneous sources, $931,787.64; from loans
in all forms, $529,692,460.50. The remainder, :$2,257,065.80, was the
balance from last year.
The disbursements during the same period were: For Congressional,
executive, and judicial purposes, $5,939.009.29; for foreign
intercourse, $1,339,710.35; for miscellaneous expenses, including the
mints, loans, Post-Office deficiencies, collection of revenue, and
other like charges, $14,129,771.50; for expenses under the Interior
Department, 985.52; under the War Department, $394,368,407.36; under
the Navy Department, $42,674,569.69; for interest on public debt,
$13,190,324.45; and for payment of public debt, including reimbursement
of temporary loan and redemptions, $96,096,922.09; making an aggregate
of $570,841,700.25, and leaving a balance in the Treasury on the 1st
day of July, 1862, of $13,043,546.81.
It should be observed that the sum of $96,096,922.09, expended for
reimbursements and redemption of public debt, being included also in
the loans made, may be properly deducted both from receipts and
expenditures, leaving the actual receipts for the year $487,788,324.97,
and the expenditures $474,744,778.16.
Other information on the subject of the finances will be found in the
report of the Secretary of the Treasury, to whose statements and views
I invite your most candid and considerate attention.
The reports of the Secretaries of War and of the Navy are herewith
transmitted. These reports, though lengthy, are scarcely more than
brief abstracts of the very numerous and extensive transactions and
operations conducted through those Departments. Nor could I give a
summary of them here upon any principle which would admit of its being
much shorter than the reports themselves. I therefore content myself
with laying the reports before you and asking your attention to them.
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