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From Albert Gallatin, 14 March 1801

From: Jefferson Papers | Main Series | Volume 33 | From Albert Gallatin, 14 March 1801

The weather having detained me here to day, I have employed it in making some rough sketches relative to our financial situation, which I have the honor to enclose. Independent of the uncertainty arising from the fluctuation in the amount of duties on imports, which vary so much, as to have been two millions of dollars more in 1800 than the preceding year, I had neither time nor documents...
Sketch &c. Expenses & Receipts of 1801 1. Interest & charges on public debt including repayt. on six p% & def stock 5,325,000. 2. Civil list, mint, military pensions, light houses, foreign intercourse, 900,000. 3. Expenses attending land tax & census 100,000. 4. Extraordy. expenses attending for. intercouse vizt.     Protection of seamen 30,000 } 529,500 appropd.     Prize causes in England...
Revenues exclusively of internal duties after 1801 Impost permanent may be estimated at 8,000,000 Postage, dividends &c 200,000 Sales of lands 300,000 8,500,000 Expenses after 1801 1. Interest & charges on public debt will diminish about 40,000 dollars a year about 5,200,000 2. Civil list &c. after probable reductions 800,000 3. } contingencies at home & abroad
Army amounts now (exclusively of marines who are 1,100) to about 5400 men The present expence is  1. Ordnance department including fabrication of muskets 100,000  2. Indian department & defensive protection of frontiers 100,000  3. Pay, subsistence, clothing &c. of army 1,000,000  4. Quarter master departt. & contingencies 200,000 1,400,000 Congress had reduced the Army in 1797 to 3200 men On...