Loans. lected and digested into its present form without much labor, and unavoidable expense of time. I trust they will be sensible that no delay has been unnecessarily incurred. It is certain that I have made every exertion in my power, at the hazard of my health, to comply with the requisitions of the House as early as possible; and it has even been done with more expedition than was desirable to secure the perfect accuracy of the communication. Yet I have still to regret that some part of the subject must remain to be presented in a subsequent letter. To lessen, however, the inconvenience of this further delay, I shall transmit, with the present letter, the statements required by the first and second of the resolutions of the 23d of| January, which will be found in the schedules herewith marked No. I to V; those required by the last of the resolutions having been already forwarded. There remain, however, some particulars to complete the information contemplated by those resolutions, that must be reserved for another communication. This I may venture to assure the House will not be deferred beyond the present, or at least the first day of the ensuing week. With perfect respect, I have the honor to be, sir, your most obedient and most humble servant, ALEXANDER HAMILTON, Secretary of the Treasury. The Hon. the SPEAKER, No. I.—A Statement of the Appropriation for reducing the Public Debt, constituted by the act of Congress, passed on the 12th day of August, 1790. To the surplus of the products of duties on imports and tonnage, to the last day of December, 1790, after reserving a sufficient sum from said products to satisfy the appropriations made during the first and second sessions of Congress, as ascertained at the Treasury 1790. Dec. 15. By warrant No. 776, on the Treasurer, in his favor, to be applied in pur 1,374,656 40 chases of the Public Debt 200,000 00 Balance, being the difference between the surplus of duties appropriated and the sum drawn therefrom 406,885 75 $1,374,656 40 A. HAMILTON, Secretary of the Treasury. TREASURY DEPARTMENT, February 13, 1793. No. II-A Statement of the application of the funds drawn on the appropriation of the surplus of duties to the end of the year 1790, for the reduction of the Public Debt. To appropriations for reducing the Public Debt, constituted by the act of Congress, passed on the 12th day of August, 1790, for the amount drawn from said appropriation by warrants on the Treasurer, from December 15th, 1790, to December 29th, 1792, viz: 1790. Dec. 15. No. 1791. Jan. 26. No. Feb. 5. No. Sep. 30. No. 776, in favor of Samuel Meredith, to be applied in purchases of the Public Debt 856, in favor of Samuel Meredith, 200,000 00 ditto 50,000 00 1792. Mar. 31. No. 200,000 00 1605, in favor of S. Meredith, ditto June 30, No. 28,915 52 1864, in favor of S. Meredith, ditto 62,673 90 1867, in favor of Wm. Seton, ditto 151,098 89 Loans.-Statement No. II, continued. 1792. Dec. 29, No. 2328, in favor of S. Meredith, to be applied in purchases of the Public Debt To this sum, invested in purchases by Benjamin Lincoln, being in part of a sum of interest received by him on stock purchased 15,098 11 957,770 65 5 51 $957,776 16 150,239 24 By Samuel Meredith's account of purchases to the 7th day of December, 1790, as reported to Congress by the Commissioners for reducing the Public Debt, on the 21st day of December, 1790 By sundry purchases reported by said Commissioners to Congress, on the 7th day By Samuel Meredith, from the 7th Dec. 1790, to 19th Sept. 1791 248,984 71 200,000 00 49,934 09 50,005 51 548,924 31 760 28 By interest from January 1st, to July 1st, 1791, on stock purchased by Samuel Meredith, in August and September, 1791 By sundry expenses attending purchases of Public Debt, charged by William Heth, and admitted to his credit By sundry purchases reported by said Commissioners to Congress, on the 17th day By Samuel Meredith, from the 21st March to 25th April, 1792 By purchases by Samuel Meredith, from the 15th to the 22d December, 1792, as TREASURY DEPARTMENT, February 13, 1793. 15,098 11 61 76 $957,776 16 A. HAMILTON, Secretary of the Treasury. No. III.-Statement of the application of the Fund constituted by the act of Congress, passed on the 8th of May, 1792, for reducing the Public Debt, arising from the interest on the sums of said Debt purchased, redeemed, and paid into the Treasury of the United States. 1791. April 1, To interest due this day, on the stock purchased 1. To interest due this day on the stock purchased To interest due this day on part of the stock paid into the Treasury July 1. To do. on the stock purchased 48 63 9,388 76 To do. do. on the stock paid as above, for land on Lake Erie 48 63 To do. do. on the stock paid into the Treasury on account 127 30 41,470 17 Loans. To balance To interest due this day on the stock purchased To interest due this day on the stock paid as above, for land on Lake To interest due this day on the stock paid as above, on account of the 41,470 17 9,366 24 48 63 1793. January 1. To do. To do. do. on the stock paid as above, for land on Lake Erie To do. do. on the stock paid into the Treasury by John Hopkins, for a balance due from him in indents of interest 159 44 $60,555 95 1791. July 1. By balance to the credit of the Commissioners for reducing the In the hands of the Commissioner of Loans for the State of Massa- 1792. January 1. By balance to the credit of the Commissioners for reducing the Public Debt, deposited as follows: In the Bank of North America 23,830 37 In the hands of the Commissioner of Loans for the State of Massa- 531 68 In the hands of the Commissioner of Loans for the State of New York 505 79 24,867 84 1792. July 1. By balance to the credit of the Commissioners for reducing the In the Bank of North America In the Bank of the United States 23,830 30 41,470 17 By purchases made by Samuel Meredith, from the 29th to the 31st of October, 25,969 96 By purchases made by Samuel Meredith, from the 17th to the 26th January, 34,585 99 $60,555 95 NOTE. Interest stated per contra, remained in the Bank of the United States, until expended. REMARKS. In addition to the sums received as within stated, there remain to be received from the following persons, balances found to be due from them on the settlement of their accounts at the Treasury, viz: From William Heth, for interest received on stock purchased by him From Benjamin Lincoln, for interest received on stock purchased by him From Benjamin Lincoln, for interest struck on stock purchased by him, stated in his name in dividend accounts of the Commissioner of Loans for the State of Massachusetts, now transfered to the books of the Treasury among unclaimed dividends $658 83 154 49 368 56 The fund is likewise liable to receive additions of interest on the following sums paid into the Treasury, upon which no dividend has yet been struck, viz: Loans. On 85,032 08 unfunded stock, received from the State of Pennsylvania for land on Lake Erie. On 1,356 87 received from Jonathan Burrall, which had been paid to him on a balance due in the Commissary Department. These sums at present, stand on the books of the Treasury in the name of Samuel Meredith, Treasurer of the United States, in trust for the United States. Also, for the interest on the Debt due to foreign officers, now in a course of redemption. ALEXANDER HAMILTON, Secretary of the Treasury. TREASURY DEPARTMENT, February 13, 1793. No. IV. Quarterly statement of Cash in the hands of the Treasurer of the United States for the year 1791. From the 1st of January to the 30th of June, two quarters. Balance of cash in my hands the 30th September, 1791, see below cash in the Bank of North America 622,233 99 136,830 38 465,926 94 31,391 78 28,084 89 622,233 99 953,862 75 953,862 75 The previous sickness, and afterwards the death of Mr. Eveleigh, the late Comptroller, which happened on the 15th of April, 1791, occasioned an accommodation between the Secretary of the Treasury and the Bank of North America, with respect to a number of warrants which were not countersigned, the Bank agreeing to pay them and retain them in its possession till the appointment of a Comptroller, when they could be regularly countersigned and charged to my account. This caused an agreement with the Comptroller, that the two first quarters of the year 1791 might be included in one account, in order that the different offices in the Treasury Department should correspond in their balances. SAMUEL MEREDITH, Treasurer of the United States. TREASURY OF THE UNITED STATES. Dates. No. V. Statement of Cash in the Treasury during the year 1792, showing the balance on hand half-monthly. Loans. 1792. January 1 133,000 00 March April May June July 66 15 708,160 44 1 692,959 06 66 15 618,503 69 66 15 247,051 80 "15388,479 01 66 15 406,610 50 2 212,403 89 111,343 44 24,273 94 43,257 65 63,919 54 65,578 22 224,677 35 471,972 28 7,969 61 50,665 29 1 109,169 45 154,860 67 224,734 5173,653 64 62,015 85 69,019 8 61,601 30 28,157 87 783,212 37 155,200 00 628,012 37 Total amount of quarter ending 31st December, 1792, brought down 00|628,012 |