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To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures: To establish post-offices and post-roads: To secure to authors and inventors copy-rights and patents:

To punish piracies and felonies committed on the high seas, and against the law of nations: To declare war, grant letters of marque and reprisal; raise and support armies; provide and maintain a navy; to regulate the land and naval forces: To exercise exclusive legislation over the District of Columbia, and over all places purchased for the erection of forts, magazines, arsenals, dock-yards, &c.

The Executive power is vested in a President of the United States of America.

The President is Commander-in-Chief of the Army and Navy of the United States, and of the Militia of the several states, when called into the actual service of the United States; he has power to grant reprieves and pardons for offences against the United States, except in cases of impeachment.

He has power, by and with the advice and consent of the Senate, to make treaties, provided two-thirds of the Senators present concur: and he nominates, and, by and with the advice and consent of the Senate, appoints Ambassadors, other public Ministers, and Consuls, Judges of the Supreme Court, and all other officers of the United States, whose appointments are not otherwise provided for.

The Judiciary is composed of a Supreme Court, of one Chief and six associate Justices; of 33 District Courts, of one Judge each, except that six of the states are divided into two Districts each; and of 7 Circuit Courts, composed of the Judge of the District and one of the Justices of the Supreme Court.

The Judges both of the Supreme and inferior Courts, hold their office during good behaviour. The judicial power extends to all cases in law and equity arising under the constitution, the laws of the United States, and treaties made under their authority: to all cases affecting Ambassadors, other public Ministers, and Consuls: to all cases of admiralty and maritime jurisdiction: to controversies to which the United States is a party: to controversies between two or more states; between citizens of different states; or between a state, or the citizens thereof, and foreign states, citizens, or subjects.

The principal Executive officers, are the Secretaries of State, of War, and of the Navy, the Post-Master General, and the Attorney General. The Secretary of State conducts the negociations with foreign powers, and corresponds with the public Ministers of the United States abroad, and with those of foreign states near the United States. He has the charge of the United States Seal, preserves the originals of the laws and treaties, and of the public correspondence growing out of the intercourse between the United States and foreign nations; he grants passports to American citizens visiting foreign countries; has the control of the the Patent Office, and preserves the evidence of copy-rights.

TREASURY DEPARTMENT.

REVENUE AND MEANS FOR 1839, EXCLUSIVE OF TRUSTS AND THE POST OFFICE.

The balance in the Treasury on the 1st of January, 1839, which could be considered available for general pur

poses, was

$2,466,961 95 The receipts from customs, the first three quarters, $18,328,393 50 Receipts from lands the first three quarters, in

cluding also some collected last year in Treasury notes

Miscellaneous receipts

5,417,286 31

125,208 78

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5,700,000 00

Estimated receipts for the fourth quarter from
all those sources
Receipts on some of the debts against banks not

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available on 1st January, 1839, but since paid 1,322,686 00 From the third issue of Treasury notes under

the act of March 2, 1839

Aggregate means

3,857,276 21

37,217,812 75

EXPENDITURES FOR 1839, EXCLUSIVE OF THE POST OFFICE AND

TRUSTS.

Civil, foreign, and miscellaneous, for the first

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quarters, interest as well as principal Estimated amount of notes redeemed in the

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9,891,859 83

fourth quarter

1,000,000 00

Aggregate payments

35,661,427 82

Leaving an available balance of money in the
Treasury on the 31st of December, 1839, of

1,556,384 93

37,217,812 75

EXPORTS AND IMPORTS WITHIN THE COMMERCIAL YEAR 1839.

The exports during the year ending September 30, 1839, are computed to have been $118,359,004. This is $9,872,388 more than those in the year 1838.

Of the whole exports only $17,408,000 were of foreign origin, and of the excess in exports over 1838, only about five millions were domestic produce.

The imports during the same year were about $157,609,560, being the very large excess of $43,892,156 over those during the previous year. The difference between the imports and exports, being $39,250,556 in favor of the former.

ESTIMATE OF THE RECEIPTS AND EXPENDITURES FOR 1840.

It is computed that the aggregate of receipts available for public purposes, will not exceed $18,600,000, viz: from Customs

Lands
Miscellaneous

Add to these the balance available and applica ble to other purposes, which it is supposed will be in the Treasury on the 1st of January, 1840.

The efficient means in that year will then amount

in the aggregate to

If Congress should make appropriations to the extent desired by the different departments, the expenditures for 1840, independent of the redemption of Treasury notes, are estimated

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Including all the Treasury notes to be redeemed, the aggregate expenditure would be about This would leave a deficit in the Treasury at the

close of the year, amounting to

But there will be due from the United States Bank, in September next, on its fourth bond, about

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The principal now due on the Treasurer's de

posites in the other banks, which suspended specie payments in 1837, is

Should all these claims be collected in 1840, they would prevent a deficiency, and leave an available balance in the Treasury of nearly

$15,000,000 00

3,500,000 00 100,000 00

1,556,385 00

20,156,385 00

20,000,000 00

22,750,000 00

2,593,615 00

2,526,576 00

1,149,904, 00

1,082,865 00

According to the opinions of the different depart

ments, as to the sums of money proper

for each, and which constitute the basis of the estimates submitted to Congress, the new appropriations required for the next year will equal the sum

of

$18,280,600 55

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Receipts and Expenditures of the United States for the year 1838.

Balance in the Treasury on the 1st January,

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Of the public debt.

The payments on account of the (old) funded and unfunded debt, since the 1st December, 1838, have been as follows:

1. On account of the principal and interest of the funded debt:

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Debts of the corporate cities of the District of Columbia, as

sumed by the United States, viz:

Of the city of Washington

Alexandria
Georgetown

$1,000,000 00

250,000 00

250,000 00

$1,500,000 00

The payments during the year 1839, on account of the interest and charges of this debt, amount

ed to

7

$76,374 77

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