by fulfilling and causing to be fulfilled the contents of the same, without contravention, direct or indirect, of its express and literal meaning. In faith of which we have signed the present Act.

BARON DE LA LAGUNA.

JUAN JOSE DURAN, President, and 15 Deputies.

On the 5th of August, 1821, all the Authorities and Civil Functionaries of this Capital of Monte Video being assembled, and, after the honourable Congress had taken the oath, before the Baron de la Laguna, to obey, fulfil, and cause to be fulfilled, the bases published by the General Congress of the Portuguese Nation in the present year, and the Stipulations proposed by the Deputies of the Towns of the State; the President of the Congress received the oath from the General, to respect, fulfil, and cause to be fulfilled, the Stipulations proposed, and agreed to by the Honourable Congress; all the Authorities and other Functionaries in rotation taking the same oath before the said Senor Baron de la Laguna, which I certify.

LLAMBI, Deputy Secretary.

LETTER of the Secretary of the Treasury, containing the Annual Report of the state of the Finances of The United States.-1st December, 1820.

SIR,

Treasury Department, 1st December, 1820. I HAVE the honour to enclose a Report, prepared in obedience to the Act, entitled "An Act to establish the Treasury Department." I have the honour to be, &c.

WM. H. CRAWFORD. The Hon. John W. Taylor, Speaker of the House of Representatives.

REPORT.

IN obedience to the directions of the "Act supplementary to the Act to establish the Treasury Department," the Secretary of the Treasury respectfully submits the following Report:

I.-OF THE Revenue.

The nett Revenue arising from imports and tonnage, internal duties, direct tax, public lands, postage, and other incidental Receipts, during the year 1817, amounted to...................................................... Dollars 24,365,227 34

Postage and other incidental re

ceipts.........

313,855 38

That which accrued from the same sources during the year 1818,

And that which accrued from the same sources during the year

It is ascertained that the gross amount of duties on merchandize and tonnage, which accrued during the 3 first quarters of the present year, exceeds 13,340,000 Dollars, and the sales of the public lands during the 2 first quarters of the year, exceed 1,240,000 Dollars.

The payments into the Treasury, during the 3 first quarters of the year, are estimated to amount to...........16,819,637 49 Viz: Customs...............12,378,513 12

And the payments into the Treasury, during the 4th quarter of the year, from the same sources, are estimated at

3,430,000 00

Making the total amount, estimated to be received Dollars into the Treasury, during the year 1820.................. 20,249,637 49 Which, added to the balance in the Treasury, on the 1st day of January last, amounting to

2,076,607 14

Make the aggregate amount of ...............Dollars 22,326,244 63 The application of this sum, for the year 1820, is estimated as follows, viz.

To the 30th of September, the payments have amounted to 16,908,413 80

Viz: Civil, diplomatic, and miscellaneous

expenses...............2,078,573 25

Military service, including fortifications, ordnance, Indian department, revolutionary and military Pensions, arming the Militia, and arrearages prior to 1st of January, 1817,

6,043,068 00

Naval service, including the permanent appropriation for the increase of the navy ...........2,946,762 00

Public debt,

including 1,142,879 55, for the redemption of the Mississippi certificates ........5,840,010 55

During the 4th quarter, it is estimated that the payments will 8,056,000 00

amount to........

And leaving, on the 1st of January, 1821, a balance

against the Treasury, estimated at..................Dollars 2,638,169 17

II. OF THE PUBLIC DEBT.

The funded debt, which was contracted before the year 1812, and which was unredeemed on the 1st of October, 1819, amounted to

And that contracted subsequent to the 1st day of January, 1812, and unredeemed on the 1st day of October, 1819, amounted to..........

23,668,254 71

68,060,336 29

Making the aggregate amount of ............Dollars 91,728,591 00
Which sum agrees with the amount as stated in the last Annual

Report, as unredeemed on the 1st of October, 1819, excepting the sum of 63 Dollars 49, which was then short estimated, and which has since been corrected by actual settlement.

In the 4th quarter of the year, there was added to the above sum, for Treasury Notes brought into the Treasury and cancelled, the following sums, viz.

In 6 per cent. stock......
In 7 per cent. stock

14,677 18

91,743,268 18

From which deduct: Louisiana 6 per cent. stock, reimbursed on the 21st October, 1819 ........2,601,871 14 And deferred stock, reimbursed between the 1st of October, 1819, and 1st of January, 1820...... 242,063 47

Making the public debt which was unredeemed on the 1st of January, 1820......

2,843,934 61

...........88,899,333 57 From the 1st of January to the 30th of September, inclusive, there was, by funding Treasury Notes and issuing 3 per cent. stock, for interest on the old registered debt, added to the public debt, the amount of

And by the loan authorized by Act of May 15, 1820..............

...

34,550 19

2,545,431 47

Making, on the 1st of October, 1820, the sum of....91,225,522 11 To which, add, in the 4th quarter of 1820, on account of the loan of May 15, 1820

Making......

..........

There will be reimbursed of the principal of the deferred stock, on the 1st of January, 1821... 249,444 16 Since the 30th of September last, the

residue of the Louisiana stock has become redeemable, amounting to.......

454,567 66

91,680,089 77

....2,216,408 78

2,465,852 94

Which, if discharged before the 1st day of January, 1821, will leave the public debt unredeemed on that day, as estimated

The Treasury Notes yet in circulation are estimated at

89,214,236 83

27,656 00

The whole of the awards made by the Commissioners appointed under the several Acts of Congress, for the indemnification of certain claimants of public lands, amount to..................................... .......................... 4,282,151 12 Of which there has been received at the

General Land Office ......... .....................................2,439,308 31

And there was paid at the Treasury 66

per cent. on 1,731,735 Dollars 69............1,142,879 55

-3,582,187 86

Leaving outstanding, on the 30th September, 1820... 699,963 26

III. OF THE ESTIMATES OF THE PUBLIC REVENUE AND EXPENDITURES FOR THE YEAR 1821.

IN forming an estimate of the receipts into the Treasury for the year 1821, the amount of Revenue Bonds outstanding on the 30th of September last; the sum due for public land; the ability and disposition of the Community to purchase, and especially the quantity and quality of land intended to be exposed at public auction in the course of the year, present the data upon which the calculations must be made. As a portion of the duties which accrue in the 4th quarter of the present year, and in the 1st and 2nd of the next, forms a part of the receipts into the Treasury for the latter year, the amount received will exceed or fall short of the estimate by the difference between the duties which actually accrue in those quarters, and are payable within the year, and the amount at which they had been estimated.

The receipts into the Treasury may, also, considerably exceed or fall short of the sum estimated, in consequence of the issue of a greater or less amount of debentures payable during the year 1821, than had been estimated.

The degree of punctuality with which the Revenue Bonds are discharged, upon which the estimate is formed, must necessarily affect the amount that will be received into the Treasury.

If the accruing Revenue of the present and two succeeding quarters should exceed that of the corresponding quarters of the present and last year; if the amount of debentures which may be issued and made payable, so as to affect the receipts of the year, should be less than