Deposits of banks and bankers, tax on.... Director of the Mint, attention of Congress called to report of. District attorneys, allowances to. for compensation. Dollars, silver, have not been in circulation in the United States since 1857. whole amount of, issued prior to 1853... Page. if restored to our coinage, should be subject to the same rules as to issue and convert- Dollars, trade. (See Trade-dollar.) Domestic products, other than bullion, exportation of, has largely increased. exports, to Canada, returns of, incomplete.. XXXIII, XXXIV ΧΙ XXI XII XXVIII V Estimated receipts for second, third, and fourth quarters of the fiscal year ending June 30, Estimated expenditures for the second, third, and fourth quarters of the fiscal year ending Estimated surplus revenue for the fiscal year ending June 30, 1878 Estimated deficit on account of the sinking-fund for the fiscal year ending June 30, 1878.. total, decrease in amount of, for the fiscal year ended June 30, 1877, as compared with IV for the first quarter of the fiscal year ending June 30, 1878 estimated, for the second, third, and fourth quarters of the fiscal year ending June 30, public, reduction of, can only be accomplished by a careful revision of existing laws. VII Fees, consular, letters patent, and land, receipts from, for the fiscal year ended June 30, 1877.. III Files, crowded condition of the, in several offices of the Treasury Department XXXI importance of securing the, from destruction, and providing for them such room as XXXI Fog-signals. (See Light-House Establishment.) Fines, penalties, and forfeitures, customs, receipts from, for the fiscal year ended June 30, 1877... III amount of, collected and paid into the Treasury for violation of customs laws..... XXVIII, XXIX III XXVII efforts to prevent, have not been attended with entire success XXVII change from ad valorem to specific duties suggested as a remedy for. XXVII Fractional currency, estimated amount of, lost and destroyed XIX exchange and substitution of silver coin for, required by act of January 14, 1875 Funding operations: XIX XIX amount of 4 per cent. bonds sold under contract of August 24, 1876, to March 1, 1877.. VIII VIII terms of contract for the sale of 4 per cent. bonds, made June 9, 1877. VIII, IX IX IX IX how proceeds of sales were applied. sales of bonds suspended in October, 1877, on account of the agitation of the repeal of associates (syndicate) informed June 19, 1877, that as 4 per cent. bonds were sold for amount of 4 per cent. bonds sold for resumption purposes. Gold, the importance of, as the standard of value is conceded by all. has been practically the sole standard in the United States since 1834. has been the sole standard in Great Britain since 1815 Gold and silver, various experiments made with a view of keeping both in circulation. an international convention of commercial nations suggested as a means of securing a Government property, receipts from sales of, for the fiscal year ended June 3, 1877. of specie and bullion... Indians, expenses for, for the fiscal year ended June 30, 1877. Interest, annual saving of, by reducing the rate from 6 to 4 percent. on debt now redeemable. reduction of, from 6 to 4 per cent., will be arrested by any measure that creates doubts Internal revenue, receipts from, for the fiscal year ended June 3, 1877. receipts from, for 1876 and 1877, from the various objects of taxation Internal revenue stamps, heretofore printed in New York, now printed in the Bureau of Joint resolution of July 22, 1876, provides for the issue of silver coin in exchange for legal- limits amount of silver coin and fractional currency. Lands, public, receipts from sales of, for the fiscal year ended June 30, 1877.. Legal-tender notes, redeemed, retired, and canceled since March 1, 1877 amount of, outstanding December 1, 1877 outstanding January 1, 1879, to be redeemed in coin, under act of January 14, 1875. IX XII XXII XXII XXII XXII XXII ΧΧΧ III XXVII XXVIII III X X X III XXX XXXVII XIX XIX III XII XII XII Legal tender notes, redeemed, after January 1, 1875, may, in the opinion of the Secretary, when redeemable in coin, legal-tender quality of, may be withdrawn or retained with- legal tender quality of, should be maintained to meet the contingency of an unreason- Page. XIX XV XV XV Legislation recommended: giving the sanction of Congress to the assurance that the obligations of the govern to authorize the Secretary of the Treasury to sell bonds for coin or its equivalent in to authorize the Secretary of the Treasury to gradually fund into 4 per cent. bonds all to definitely settle the question whether United States notes redeemed when the out- authorizing the issue of certificates for small deposits, convertible into 4 per cent. interest repealing the limitation upon the amount of fractional coin to be issued in exchange for to discontinue the trade-dollar in case another silver dollar is authorized. to authorize the coinage and issue of a silver dollar with such legislative provisions as creating a special tribunal for the trial of customs-revenue cases at New York. to impose a duty of two cents par pound on coffee and ten cents per pound on tea to so change existing law as to offer increased inducements for parties having knowl- to abolish the port of Sitka, Alaska. to change and modify various existing laws relative to the settlement of claims against to provide for the construction of a substantial fire-proof building for the Bureau of En- XXXVIII for the proper disposition of the large accumulation of minor coins in the Treasury for XXXVIII to encourage American ship-building XLI to authorize the construction of a light-draught steam revenue-cutter for service on the to organize the life-saving service under an administration defined by law. XLII to extend the benefits of the marine-hospital service to destitute American seamen re- XLV that section 4405 R S. be so amended as to give the Secretary of the Treasury authority Life saving service, report of, affords a gratifying exhibit.. number of new districts organized during the fiscal year ended June 30, 1877.. importance of the service requires that it should be placed under an administration de- improvements in life-saving apparatus.. Light-house establishment: number of light-houses, light-ships, river lights, and fog-signals put into operation dur- XLVI XLIII XLIII XLIII • XLIII XLIII ..XLIII, XLIV XLIV light-ship No. 42, now in course of construction, is expected to be the best ever built by XLIV attention called to the importance of providing for a new light-house at American Shoal XLIV XLIV Loans, six per cent., amount of, now redeemable at the pleasure of the government. X amount of dues received during the fiscal year ended June 30, 1877.. XLV XLV number of sick and disabled seamen treated during the year....... XLV average cost, per patient treated. recommends that the benefits of the marine-hospital service be extended to American XLV XLV XLV III Minor coins, in circulation, and legal tender for limited amounts since 1853 Mints and assay offices, management, and amount, accuracy and perfection of work of, highly XIX Money, current, the rapid appreciation of, to the coin standard should be accompanied by VII amount of receipts from tax on circulation and deposits of, for the fiscal year ended Money, paper, no system of, has yet been established in any country that in times of panic or every system of, must provide for suspension of specie payments.. Page. XV XV XVI III amount of circulating notes of, retired during the year from November 1, 1876, to No- XVI amount of circulating notes of, issued during the same period. XVI XVI amount of loans and discount of general solvency of, and benefit to the people as now organized have been less subject to revulsion or failure than any other corporations or firms. comparison of reserves and condition of, with reserves and condition of other banking XVI XVI XVI XVI XVI should not enjoy the franchise of circulating their own non-interest-bearing notes as XVI present system of redeeming notes of, at the Treasury of the United States, can be con- XVII will naturally hold United States notes as reserves if maintained in circulation at par as government agents or depositaries could greatly assist in the process of refunding.. XVII National-bank notes, amount of, issued since March 1, 1877 XII cost of redemption of redemption of, at the Treasury, under the present system is a great convenience to the Naval establishment, expenses of, for the fiscal year ended June 30, 1877. XVIII XVIII III Paper money, no system of, has yet been established in any country that in times of panic XV every system of, must provide for suspension of specie payments XV Pacific railway companies, receipts from payment of interest by, during the fiscal year III Pensions, expenses on account of, during the fiscal year ended June 30, 1877 Public buildings, recommends that appropriations be made according to estimates for con- recommends that no new buildings be authorized except in cases where the demands III XLVII XLVII VII Public credit. if no questions had arisen to disturb the, six per cent. bonds could have been X the highest, can only be secured by a constant observance of every public engagement X is injured by failure to redeem United States notes.. Public debt, expense for interest on, during the fiscal year ended June 30, 1877. Receipts, ordinary, for the fiscal year ended June 30, 1877. ordinary, surplus of, over ordinary expenses for first quarter of the fiscal year ending June 30, 1878 estimated for the second, third, and fourth quarters of the fiscal year ending June 30, Revenue, internal, receipts from, for the fiscal year ended June 30, 1877. XIII III III III 1878... estimated, for the fiscal year ending June 30, 1879.. VI III Revenue, total, decrease in amount of, for the fiscal year ended June 30, 1877, as compared IV surplus, amount of, for fiscal year ended June 30, 1877 IV surplus, estimated amount of, for the fiscal year ending June 30, 1878. IV XXIX, XXX frauds on, by undervaluation, efforts to prevent, have not been entirely successful. cadet system provided for, by act of July 31, 1876, has been entered upon with promise XLII construction of a light-draught steam-cutter for service on the Gulf coast between Mo- XLII Savings banks, deposits held by, and number of depositors. XIX Silver, is of the most general use for coinage XXI is a part of every system of coinage, even in countries where gold is the sole standard. XXI XXI production of, is reasonably steady XXI variation in market value of, and gold, which no human law can prevent, has driven all XXI XXII provisions of act of February 21, 1853, relative to coinage of, and ratio of value to gold. XXII Page. Silver, other conditions on which, can be maintained in circulation at par with gold.. XX, XXI, XXII XXIII XXIII, XXIV market value of, is fixed by the world and not by the United States alone, and is af- free coinage of, will impair the pledge made of the customs duties by the act of Feb. XXIV XXIV Silver coin, beneficial results likely to follow the issue of, in pursuance of the general pol- act of January 14, 1875, provides for the substitution of, for fractional currency. XXIX XIX XIX amount to be issued limited XIX fractional, repeal of the limitation upon the amount of, to be issued in exchange for XIX fractional, is readily taken by the people and maintained at par with United States XX estimated amount of, in circulation in 1860 at par with gold... XX amount of, maintained in circulation in Great Britain at par with gold.. XX XX no danger of an excess of, being issued if only issued in exchange for United States notes.. XX Silver dollars, have not been in circulation in the United States since 1837. XI XXI if restored to our coinage, should be subject to the same rules as to issue and converti- XXI coinage and issue of, recommended with such legislative provisions as will maintain XXI whole amount of, issued prior to 1853. XXIII amount of, issued between 1853 and 1873. XXIII Silver and gold, various experiments made with a view of keeping both in circulation. XXII XXII an international convention of commercial nations suggested as a means of securing a XXV IV IV Sinking-fund, amount due the, for the fiscal year ended June 30, 1877. deficiency on account of, for same period amount required for, for the fiscal year ending June 30, 1878. estimated deficit on account of, for the same period. Specie payments, every system of paper money must provide for a suspension of.. VI XXX XXVIII XV XV Special agents, transactions of division of. recommends that number of, be increased from twenty to at least thirty.. XXXVIII XXXI Statistics of exports and imports... .............XXVII, XXVIII, XXIX, XXX Steamboat-inspection service: number of vessels inspected during the fiscal year ended June 30, 1877. XLVI XLVI XLVI amount expended, salaries of inspectors and clerks XLVI for traveling and miscellaneous XLVI recommends that the Secretary of the Treasury be authorized to convene the board of XLVI XLVI Sugar, embarrassments attending the collection of duties on, under Schedule G, title 33, of XXVI the Dutch standard as a basis for the assessment of duty on, unsatisfactory many dutiable articles paying less than $10,000 each might be added to the free list in XXVII Tea, imposition of a duty of ten cents per pound on, recommended. XXVII Tobacco, manufactured," quantity of, on which tax of twenty-four cents per pound was XXXI Tonnage, total, of American vessels as reported by the Register of the Treasury. XXXIX total for the last two years XXXIX total, of vessels built during the fiscal year ended June 30, 1877. XXXIX of American vessels entered into ports of the United States from foreign ports, and of foreign vessels entered into ports of the United States from foreign ports, and cleared XLI XLI preponderance of foreign, over domestic. XLI Treasurer, the report of, sets forth in detail the monetary transactions of the government. XXXVIII XX XX joint resolution of July 22, 1876, authorizes the Secretary of the Treasury to limit the XX export demand for, ceased in October, 1877, and coinage of, was stopped... XX Trade-dollar, discontinuance of, recommended in case another silver dollar is authorized.. Undervaluations, extensive, have occurred in the entry of silk goods during the past year.. Vessels, American, tonnage of, as reported by the Register of the Treasury Page. ΧΧ XX, XXIII XXVII XXVII XXXIX XXXIX total tonnage of, for the last two years. number and tonnage of, built during the fiscal year ended June 30, 1877. number of, to which official numbers have been awarded during the same period. XXXIX XXXIX XL XL XL number of entrances of, into ports of the United States from foreign ports during the XLI number of clearances of, from ports of the United States to foreign ports during the XLI number of entrances and clearances in like manner of foreign vessels during the same XLI XLI TABLES ACCOMPANYING THE REPORT. TABLE A.-Statement of the net receipts (by warrants) during the fiscal year ended June TABLE B-Statement of the net disbursements (by warrants) during the fiscal year ended TABLE C.-Statement of the issue and redemption of loans and Treasury notes (by warrants) TABLE D.-Statement of the net receipts and disbursements (by warrants) for the quarter TABLE E-Statement of outstanding principal of the public debt of the United States on the TABLE F.-Statement of the receipts of the United States from March 4, 1789, to June 30, TABLE I-Statement showing the purchases of bonds on account of the sinking-fund dur TABLE M.-Returns, by judgment of the United States Court of Claims, of proceeds of prop- TABLE N.-Judgment of the United States Court of Claims of proceeds of property seized 3 4,5 6 7 10, 11, 12, 13 14, 15, 16, 17 18, 19, 20 21, 22, 23 24-34 35, 36 37 37 37, 38, 39, 40, 41 TABLE O.-Receipts and disbursements of the United States assistant treasurers for the year APPENDIX A. Statement showing the condition of the bonded debt and amount of saving by interest APPENDIX B. Report of the transactions of the division of special agents... APPENDIX C. Statement of customs-refunds made by the Treasury Department during the fiscal year end- 44 44, 45 46-74 Exhibits A, B, C, D, E. F. G, H, I, K. L, M, N, O, P, Q, R, S, T, U, and V, decisions of the II.-REPORTS OF TREASURY OFFICERS. Commissioner of Internal Revenue Administration, changes in, made during the fiscal year 1976–'77 : providing for the quarterly examination by four revenue agents of the offices of collect- requiring gangers to report length and mean diameter of all packages of spirits gauged, requiring reasonable notice where testimony is to be taken in cases of claims for abate- Appropriations: balance of, for last fiscal year unexpended, amount of (878,000) for "dies, paper, and stamps," six persons employed in New York paid out of 88, 89, 90 93 123 129, 130 129 129 130 127 130 |