Albert Gallatin to Thomas Jefferson, 5 November 1805
From Albert Gallatin
Nover. 5th 1805
Dear Sir
Annexed is a sketch of the Receipts & Expenditures for the year ending 30th Septer. last. It cannot be perfectly correct; & several alterations will certainly be made on the official examination of the accounts. But the variations will not be such as to affect any general result. The most imperfect part is the estimate of that part of the customs which arise from the Mediterranean fund, and which we do not consider as part of the permanent revenue.
With respectful attachment Your obedt. Servt.
Albert Gallatin
Note We have actually paid this year about six millions of the principal of the debt contracted before your administration vizt.
| domestic & foreign debt as pr. note f | 4,200,000 |
| British convention, being in exchange of the 6th Article of Jay’s treaty | 1,776,000 |
| Paymts. for lands in stock as pr note b | 45,000 |
| Drs. | 6,021,000 |
RC (DLC); addressed: “The President of the United States”; endorsed by TJ as received 6 Nov. and “finance” and so recorded in SJL.