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 |
|
64,000 |
|
| British Treaty |
58,000 |
|
|
| Spanish do. |
46,500 |
|
|
| Algiers & Barbary |
256,000 |
|
|
| French prisoners |
75,000 |
|
|
But as all these items may, this year, be reduced, provided proper
& immediate attention is paid to them, they may be estimated at |
400,000. |
| 5. Army & Indian Departments |
1,400,000 |
|
2,000,000 appd. |
|
|
| Fortifications |
200,000 |
|
|
| Cannon, arms, military stores |
400,000 |
|
|
| The same observation as in last item—may be estimated at |
|
1,600,000. |
| 6. Naval establisht. vizt. |
|
|
|
|
|
| 2 large frigates & 4 smallest on war establisht. for 1 year |
500,000 |
|
1,630,000 |
The whole estabt. exclusively of contingencies on shore,
marines, and building of ships, after deducting Insurgent
& Pickering supposed to be lost is |
2,120,000. |
|
|
500,000 |
|
Deduct the six frigates retained
Remaining establisht. |
1620 000 |
|
| By taking proper measures for promptly |
|
|
| recalling & disarming the ships not kept |
|
|
| in service, the expense for this year may |
|
|
| be estimated at ⅓ of this whole or |
|
540,000 |
| Expenses for laid up vessels say |
|
36,000 |
| Contingencies on shore |
|
37,000 |
| Marine corps |
|
167,000 |
| Progressing with 74s—appd. 500,000, expend |
|
300,000 |
Purchase of navy yards, progressing with that at the
Eastern branch,—no visible appropriation |
|
|
Purchases of timber—appropriation of 98 expired but
to pay contracts say |
|
50,000 |
| Total Expenses |
|
|
|
9,955,000 |
| 7. Surplus applicable this year to paymt. of debt |
|
|
|
2,400,000 |
|
|
|
|
12,355,000 |
| Receipts |
|
|
| Impost. for 1800 was |
9,080,932.73—say for 1801 |
8,500,000 |
|
|
| Internal |
809,000. |
800,000 |
|
|
| Direct tax |
734,000 |
1,000,000 |
|
|
| Postage, dividends on bank stock, certs, fines &c. |
200,000 |
|
|
| Lands—very uncertain—say |
300,000 |
|
|
| |
Surplus in Treasury vizt
Balance on 1st Jany. 1801 was |
|
2,557,000 |
|
about 1,555,000 |
Say that it is necessary to keep
always there about |
|
1,000,000 |
|
|
|
|
12,355,000 |
NB. The proceeds of the sales of vessels, about 300,000 dollars are not set down as part of the receipts, but allowed to cover contingencies, defalcations & mistakes—
