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II will be that the principal in deposits is
n the banks of these three cities or S 995 on dc.
posit all the pet banks So 9i3 OIL are in the six banks
situated in the centre Of the great commercial
of the country and s603 sol in four banks situated in
the grand focus Of all the great speculative movements
that IRON time to time up. This immense amount


in addition to the great capitals &C., of ihese banks ia in.
tended to work out great deal or trouble and difficulty
before u again becomes distributed among those from
whom has been extracted The receipts from customs
at all the ports Of entry the Union up to the LIST of
September cannot fall much short of twenty five millions
oil dollars; at the rate of accumulation
the year. the total amount received from january l. 1874
to January l. lsi5 cannot be much under forty millions
OF dollars Making due allowance the falling Off in i'm.
poraons at the latter end Of the will place the
amount AZ s3'ooooOo This with the receipts from public
lands must give revenue OF S37 900 900 Estimating the
expenditures Of the Government TO be for the wear
$40 900 000which is 81 0000'0 than the estimate
OF the Secretary of the Treasury -redeeming all toe
outstanding Treasury notes and paying the public debt


falling due the let Of January next will take $4,000 600
more making in all expenditure Of $40 600 0co
out Of revenue of S37 oO0O0O leaving surplus Of at
least s7.oOo,000 We have placed the revenue below
what we believe it actually will be- and estimated the
expenditures 10 be much larger than what they actually
will be, II we may take the expenses for tho first six
months as criterion But taking our own estimates it
appears there will be surplus OF 81 600 the OF
January next and until thai time, the pet banks will
have tie control OF on amount reaching double that as
the deposits are allowed to remain in hand to meet the
part Of the debt due them This surplus has all sccumu


lated under the tariff act that is highly extoled by one
party and abused by the other and this surplus will


be traced hereafter all the evils that invariably
from such power placed in the hands of few banks


have very strong precedent to refer to when we