•x

Making the receipts from all these sources,
including arrearages, - $861,476 79

Amount of receipts in the year, $1,870,105 72

From w1iich deduct disburse-
ments exclusive of those for
the redemption of Stocks, - 953,681 94

—————$916,423 78

Thus showing that the receipts from ———

other sources were greater than the
disbursements for ordinary pur-
poses by the sum of $64,947 99
If there had been no taxes levied or collected from these

sources for the last fiscal year, so far as that year was con-
cerned, the condition of the Treasury on September 30, 1863,

would have shown this result, viz :

Surplus on hand for the preceding year, - $446,749 19
Surplus on hand for said year at the close

of it, - - - - - - - - 64,947 99

Direct Taxes on levies of former years, - 369,071 53

Direct Tax on Incorporated Institutions

for former years, - 5,008 04
From Executors and Administrators for

former years, ------ 932 97

From Collateral Inheritances of former

years, - - - - - - - - l",077 37

From Trustees and Receivers for former

years, ------- 316 48

See Statement A. in receipts of Taxes of
former years, - - - - - - $888,103 57

It is therefore apparent that if no direct taxes, or taxes
from Commissions of Executors and Administrators, or
from Collateral Inheritances, or Trustees and Receivers,
accruing in the last fiscal year, had been received, that there
would still have remained in the Treasury September 30,
1863, including the surplus on hand at the commencement
of that year, $888,103 57, thus rendering the Treasury
secure without the imposition of such taxes. It will be ob-
served, from these facts, that if these taxes are now repealed,
that in each year for several years, there will still be receipts