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Feuvre, Amy le, -1929

"Volume 2, part 2: John Quincy Adams"

The balance in the Treasury on January 1 last was
$6,358,686.18. The receipts from that day to the 30th of September last,
as near as the returns of them yet received can show, amount to
$16,886,581.32. The receipts of the present quarter, estimated at
$4,515,000, added to the above form an aggregate of $21,400,000 of
receipts. The expenditures of the year may perhaps amount to
$22,300,000, presenting a small excess over the receipts. But of these
twenty-two millions, upward of six have been applied to the discharge of
the principal of the public debt, the whole amount of which, approaching
seventy-four millions on the 1st of January last, will on the first day
of the next year fall short of sixty-seven millions and a half. The
balance in the Treasury on the 1st of January next it is expected will
exceed $5,450,000, a sum exceeding that of the 1st of January, 1825,
though falling short of that exhibited on the 1st of January last.
It was foreseen that the revenue of the present year would not equal
that of the last, which had itself been less than that of the next
preceding year.


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