State of the Union Address (1790-2001) eBook

This eBook from the Gutenberg Project consists of approximately 5,523 pages of information about State of the Union Address (1790-2001).

State of the Union Address (1790-2001) eBook

This eBook from the Gutenberg Project consists of approximately 5,523 pages of information about State of the Union Address (1790-2001).

The report of the Secretary of the Treasury presents in detail a highly satisfactory exhibit of the state of the finances and the condition of the various branches of the public service administered by that Department.

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.

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State of the Union Address (1790-2001) from Project Gutenberg. Public domain.