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The above balance (sS62055 0i) in The
U0U tTusr rduIs:.'..' 'aoI''ia the sun, nf Sam


T. L. SMITH. Register.


Treasury Department. Registers Office,
August Slh, 1912.


"Ah!' but it may be asked. show do you
make out the liabilities were upwards of
"a l-2 millions and he bonded debt 2
millions, making AZ millions in all, when
the whole debt in lS43 was only 81 mil
liot.s? Softly sir we vii explain. Inclu
ded in these liabilities are the treasury notes
outstanding. which must be deducted. as
they are also included IN the bonded debt
and there are a 50 cluded the appropria-
tions for the entire year 1871, and as an of:
set TO them the Van Buren, administration is
Of course entitled to the entire revenue of
that year. which must be therefore Iikewisr
deducted. Wrh this understanding 1t US
state the sum for which the government was
liable on the 4,h of March lS4I. inclu-
ding the treasury notes and appropriations
for that entire year:
Bonded debt. S7.4S0,692 l8
LiIhilities, 34665 26o 39-42,145o6 81
From this sum deduct
Revenue OF


I54Iabout 100000 90
IRE AsURY


notes, &c,


outstanding 5,o4s.5l2 5O-I964s,5I2 so