TABLE of the state of the Lawful Money Reserve in the National Banks, in the States and Territories, for quarter ending on the first Monday in October, 1868. STATEMENT OF THE PUBLIC DEBT OF THE UNITED STATES, JAN. 1, 1869. VIII. DEBTS OF THE SEVERAL STATES. TABLE showing the Debts of the several States before the war (1860-61), at its close (1865-66), and in the respective years 1867 and 1868. [Obtained chiefly from official sources, and prepared for this work by EDWARD YOUNG]. NOTE.-West Virginia and Nebraska have no debt; Kentucky, Iowa, and Minnesota virtually none. (a). Deducting the present market value of the resources of this State ($13,685,263), the debt is reduced to $13,868,672. ). Deducting the balance in sinking funds, the debt is reduced to $38,864,449. (c). This State holds productive property and a sinking fund, aggregating over $9,500,000nearly sufficient to cover the amount of the State debt. (d). Deducting the amount of bonds loaned to Hannibal and St. Joseph Railroad Co. ($3,000,000), the aggregate debt is reduced to $17,557,000. (e). The resources of this State are more than sufficient to meet her obligations, and practically she has no debt. . The treasurer reported the debt, July 1, 1867, at about $6,000,000, and the State assets over all liabilities, $5,751,965. *The debts of these States, as here given, were obtained from unofficial sources. NOTE.-A discrepancy sometimes occurs between the amount of debt as given elsewhere under each state, and the amount in the above table. The difference is due to the fact that these amounts were taken at different dates. TITLES AND ABSTRACTS OF THE PUBLIC LAWS OF THE UNITED STATES. PASSED AT THE SECOND SESSION OF THE FORTIETH CONGRESS. No. 1.-An Act granting a certain right of way to the Hudson River West Shore Railroad Company. December 14, 1867. No. 2.-To provide for changing the names of persons in the District of Columbia. December 20, 1867. No. 3. To prevent frauds in the collection of the tax on distilled spirits. Provides, that from and after the passage of this act no distilled spirits shall be withdrawn or removed from any warehouse for the purpose of transportation, redistillation, rectification, change of package. exportation, or for any other purpose whatever, until the full tax on such spirits shall have been duly paid to the collector of the proper district. January 11, 1868. No. 4.-Provides, that all cotton grown in the United States after the year 1867, shall be ex empt from internal tax; and cotton imported from foreign countries on and after Nov. 1, 1868, shall be exempt from duty. February 3, 1868. No. 5.-To suspend further reduction of the currency. Provides, that from and after the passage of this act, the authority of the Secretary of the Treasury to make any reduction of the currency, by retiring or canceling United States notes, shall be, and is hereby, suspended. (Not having been returned by the President to the house of Congress in which it originated, within the time prescribed by the Constitution of the United States, became a law without his approval.) No. 6. In relation to taxing shares in National Banks. February 10, 1868. No. 7.-Making appropriations to supply deficiencies in the appropriations for the execution of the reconstruction laws, and for the service of the quartermaster's department of the gov ernment, for the fiscal year ending June 30, 1868, and for other purposes; appropriates for reconstruction, $657,000; quartermaster, $12,000,000; small items, $10,000; legislative deficiencies (restricts each Senator and Representative to $125 per session for newspapers, except Congressional Globe), $167,648.44; judiciary, $4,355.77; education, $192; whole amount in this act. $12,837,196.21, and prohibits the transfer of appropriations. (Not having been returned by the President within the time prescribed, it became a law without his approval). No. 8. To facilitate the collection of the direct tax in the State of Delaware. Feb. 21, 1868. No. 9.-Authorizing the Southern Minnesota Railroad Company to construct and maintain a bridge across the Mississippi river, and establish a post route. February 21, 1868. No. 10. In relation to additional bounty. Provides, that bounties be paid to heirs named, and to none other. February 21, 1868. No. 11. For the protection in certain cases of persons making disclosures as parties, or testifying as witnesses. February 25, 1868. No. 12.-Establishing and declaring the railroad and bridge of the New Orleans, Mobile, and Chattanooga Company, as hereafter constructed, a post road, and for other purposes. March 2, 1868. No. 13.-Extending the time for the completion of the Dubuque and Sioux City railroad to January 1, 1872. March 2, 1868. No. 14. In relation to islands in the Great Miami river. March 2, 1868. No. 15.-Authorizing the sale of an unoccupied military site at Waterford, Pennsylvania. March 4, 1868. No. 16.-Restores to market lands along the Pacific railroads and branches, provided that such sections shall be rated at two dollars and fifty cents per acre, and subject only to entry under those laws; and the Secretary of the Interior be, and is hereby, authorized and directed to restore to homestead settlement, pre-emption, or entry, according to existing laws, all the evennumbered sections of land belonging to the government, and now withdrawn from market, on both sides of the Pacific railroad and branches wherever said road and branches have been definitely located. March 6, 1868. No. 17. For the relief of settlers on the late Sioux Indian reservation in the State of Minnesota. March 6, 1868. No. 18. In relation to the promulgation of the laws of the United States. March 9, 1868. No. 19. For the temporary relief of destitute people in the District of Columbia, appropriates $15,000. March 10, 1868. No. 20.-To amend the reconstruction act passed March 23, 1867, and provides that hereafter any election authorized by said act shall be decided by a majority of the votes actually cast. (Not having been returned by the President, within the time prescribed, it became a law without his approval). No. 21. To revive an act to constitute Hannibal, Missouri; and Peoria, Illinois, ports of delivery. No. 22.-Providing for holding a circuit court at Erie, Pa. March 12, 1868. No. 24.-Military Academy appropriations; total, $277,512. Hereafter there will be only seven official visitors. No part of the money shall be applied to the pay or subsistence of any cadet from any State declared to be in rebellion against the government of the United States, appointed after the first day of January, 1868, until such State shall have been returned to its original relations to the Union. (Not having been returned by the President within the time prescribed, it became a law without his approval.) No. 25.-Provides fifty more clerks, and other facilities for determining and paying off soldiers' bounties under act of 1866. March 19, 1868. No. 26.-Amending an act entitled “An Act to amend the judiciary act, passed Sept. 24, 1789.” Allows any revenue officer to appeal from Circuit Court judgments to United States Supreme Court, without regard to amount involved. (Vetoed by the President, and passed by Congress over the veto). No. 27. To establish certain post roads. March 30, 1868. No. 28.-Amending an act entitled "An Act to provide for the prompt settlement of public accounts," approved March 3, 1817. March 30, 1868. No. 29.-Making appropriations for the service of the Post Office Department during the fiscal year ending June 30, 1869. Principal items: inland mail transportation, $10,526,000; foreign transportation. $420,000; pay of postmasters, $4,250,000; clerks, $2,000,000; letter carriers, $750,000; stamps and envelopes, $450,000; special agents, $100,000; bags, locks, and stamps, $145,000; balances to foreign countries, $350,000; rent, light, fuel, &c., $375,000; China steamers, $500,000; Brazil steamers, $150,000; Sandwich Islands, $75,000; the whole appropriation is $19,969,000. March 30, 1868. No. 30.-Making appropriations for the consular and diplomatic expenses of the government for the year ending June 30, 1869, and for other purposes. Total, $1,159,850, besides $55,584 in gold for Scheldt dues, and as much more as necessary to carry out the treaty. If an army or navy officer accepts a diplomatic or consular office, he thereby resigns his place in the army or navy. The act of July 4, 1864, to encourage immigration, is repealed. March 30, 1868. No. 31.-Exempting certain manufactures from internal tax, and for other purposes. Repeals sections 94 and 95 of "An Act to provide internal revenue to support the government, to pay interest on the public debt, and for other purposes," approved June 30, 1864, and all acts and parts of acts amendatory of said sections, except only so much of the said sections and amendments thereto as relates to the taxes imposed thereby on gas made of coal wholly or in part, or of any other material; on illuminating, lubricating, or other mineral oils or articles the products of the distillation, redistillation, or refining of crude petroleum, or of a single distillation of coal, shale, peat, asphaltum, or other bituminous substances, on wines therein described, and on snuff and all the other manufactures of tobacco, including cigarettes, cigars and cheroots: Provided. That the products of petroleum and bituminous substances hereinbefore mentioned, except illuminating gas, shall, from and after the passage of this act, be taxed at one-half the rates fixed by the said section 94, and provides that after June 1, 1868. no drawback of internal taxes paid on manufactures shall be allowed on the exportation of any article of domestic manufacture, on which there is no internal tax at the time of exportation; nor shall such drawback be allowed in any case unless it shall be proved by sworn evidence in writing, to the satisfaction of the Commissioners of Internal Revenue, that the tax had been paid, and that such articles of manufacture were, prior to April 1, 1868, actually purchased or actually manufactured and contracted for, to be delivered for such exportation, and that every person, firm, or corporation, who shall manufacture by hand or machinery, any goods, wares, or merchandise, breadstuffs and unmanufactured lumber excepted, not otherwise specifically taxed as such, or who shall be engaged in the manufacture or preparation for sale of any articles or compounds, not otherwise specifically taxed, or shall put up for sale in packages with his own name or trade mark thereon, any articles or compound not otherwise specifically taxed, and whose annual sales exceed five thousand dollars, shall pay for every additional thousand dollars in excess of $5,000, two dollars, and the amount of sales in excess of the rate of $5,000 per annum shall be returned quarter-yearly to the assistant assessor, and the tax on the excess of $5,000 shall be assessed by the assessor and paid quarter-yearly in the months of January, April, July, and October of each year; and, that every person engaged in carrying on the business of a distiller who shall defraud or attempt to defraud the United States of the tax on the spirits distilled by him, or any part thereof, shall forfeit the distillery and distilling apparatus used by I. TABLE SHOWING THE DUTIES LEVIED ON THE FOLLOWING LEADING ARTICLES FROM 1789 TO 1867. Date of Tariffs. Sugar. Coffee. Tea, Souchong. Salt (in bulk). Pig Iron. Bar Iron. Glass Manufactures. Cotton Woolen Manufactures. Silk Goods. July 4, 1789.. 1 ct. p. lb. 24 cts. p. lb. 13 cts. p. lb. 6 cents p. bush. 5 p. cent. 5 p. cent. 10 per cent. 5 p. ct. 5 per cent. 5 per ct. 12 66 10 66 66 10 12 15 " 15 66 66 66 "12 to 15 per cent. "12 to 15 66 66 10 17) " 37 Á: : 80 $30 p. ton. 30 p. ct. & 3cts. p. lb. 25 " 30 66 30 per cent. * 8 * * * * * 8 * 45 50 40 66 25 : NOTE. In 1833 the Sliding Scale was introduced, by which, in cases where the duty exceeds 20 per cent., the excess should be reduced biennially. 15" 30 25 17 " 35 30 25 p. c. & 12 cts. p. lb. 20 25 66 **25 66 66 66 "30p. c. & 18cts. p. lb. 30 66 |