The Confederate Debt.
December 31, 1862, the receipts of the Treasury from the commencement of the “Permanent Government,” (February 18, 1862,) were as follows:
| RECEIPTS. | |
|---|---|
| Patent fund | $13,920 00 |
| Customs | 668,566 00 |
| Miscellaneous | 2,291,812 00 |
| Repayments of disbursing officers | 3,839,263 00 |
| Interest on loans | 26,583 00 |
| Call loan certificates | 59,742,796 00 |
| One hundred million loan | 41,398,286 00 |
| Treasury notes | 215,554,885 00 |
| Interest bearing notes | 113,740,000 00 |
| War tax | 16,664,513 00 |
| Loan 28th of February, 1861 | 1,375,476 00 |
| Coin received from Bank of Louisiana | 2,539,799 00 |
| Total | $457,855,704 00 |
| Total debt up to December 31, 1862 | 556,105,100 00 |
| Estimated amount at that date necessary to support the Government to July, 1868, was | 357,929,229 00 |
Up to December 31, 1862, the issues of the Treasury were:
| Notes | $440,678,510 00 |
| Redeemed | 30,193,479 50 |
| Outstanding | $410,485,030 50 |
From January 1, 1863, to September 30, 1863, the receipts of the Treasury were:
| For 8 per cent. stock | $107,292,900 70 |
| For 7 per cent. stock | 38,757,650 70 |
| For 6 per cent. stock | 6,810,050 00 |
| For 5 per cent. stock | 22,992,900 00 |
| For 4 per cent. stock | 482,200 00 |
| Cotton certificates | 2,000,000 00 |
| Interest on loans | 140,210 00 |
| War tax | 4,128,988 97 |
| Treasury notes | 391,623,530 00 |
| Sequestration | 1,862,550 27 |
| Customs | 934,798 68 |
| Export duty on cotton | 8,101 78 |
| Patent fund | 10,794 04 |
| Miscellaneous, including repayments by disbursing officers | 24,498,217 93 |
| Total | $601,522,893 12 |
| EXPENDITURES DURING THAT TIME. | |
|---|---|
| War Department | $377,988,244 00 |
| Navy Department | 38,437,661 00 |
| Civil, miscellaneous, etc. | 11,629,278 00 |
| Customs | 56,636 00 |
| Public debt | 32,212,290 00 |
| Notes cancelled and redeemed | 59,044,449 00 |
| Total expenditures | $519,368,559 00 |
| Total receipts | 601,522,893 00 |
| Balance in treasury | $82,154,334 00 |
But from this amount is to be deducted the amount of all Treasury notes that have been funded, but which have not yet received a true estimation, $65,000,000; total remaining, $17,154,334.
CONDITION OF THE TREASURY, JANUARY 1, 1864.
Jan. 25—The Secretary of the Treasury (C. G. Memminger) laid before the Senate a statement in reply to a resolution of the 20th, asking information relative to the funded debt, to call certificates, to non-interest and interest-bearing Treasury notes, and other financial matters. From this it appears that, January, 1864, the funded debt was as follows:
| Act Feb. 28, 1861, 8 ⅌ cent., | 15,000,000 00 | |
| Act May 16, 1861, 8 ⅌ cent., | 8,774,900 00 | |
| Act Aug. 19, 1861, 8 ⅌ cent., | 100,000,000 00 | |
| Act Apr. 12, 1862, 8 ⅌ cent., | 3,612,300 00 | |
| Act Feb. 20, 1863, 8 ⅌ cent., | 95,785,000 00 | |
| Act Feb. 20, 1863, 7 ⅌ cent., | 63,615,750 00 | |
| Act Mar. 23, 1863, 6 ⅌ cent., | 2,831,700 00 | |
| Act April 30, 1863 (cotton interest coupons) | 8,252,000 00 | |
| $297,871,650 00 | ||
| Call certificates | 89,206,770 00 | |
| Non-interest bearing Treasury notes outstanding: | ||
| Act May 16, 1861—Payable two years after date | 8,320,875 00 | |
| Act Aug. 19, 1861—General currency | 189,719,251 00 | |
| Act Oct. 13, 1861—All denominations | 131,028,366 50 | |
| Act March 23—All denominations | 391,829,702 50 | |
| 720,898,095 00 | ||
| Interest-bearing Treasury notes outstanding | 102,465,450 00 | |
| Amount of Treasury notes under $5, outstanding Jan. 1, 1864, viz: | ||
| Act April 17, 1862, denominations of $1 and $2 | 4,860,277 50 | |
| Act Oct. 13, 1862, $1 and $2 | 2,344,800 00 | |
| Act March 23, 1863, 50 cents | 3,419,000 00 | |
| Total under $5 | 10,424,077 50 | |
| Total debt, Jan. 1, 1864 | $1,220,866,042 50 |
ITS CONDITION, MARCH 31, 1864.
The Register of the Treasury, Robert Tyler, gave a statement, which appeared in the Richmond Sentinel after the passage of the funding law, which gives the amount of outstanding non-interest-bearing Treasury notes, March 31, 1864, as $796,264,403, as follows:
| Act May 16, 1861—Ten-year notes | $7,201,375 00 |
| Act Aug. 19, 1861—General currency | 154,365,631 00 |
| Act Apr. 19, 1862—ones and twos | 4,516,509 00 |
| Act Oct. 18, 1862—General currency | 118,997,321 50 |
| Act Mar. 23, 1863—General currency | 511,182,566 50 |
| Total | $796,264,403 00 |
He also publishes this statement of the issue of non-interest-bearing Treasury notes since the organization of the “Confederate” government:
| Fifty cents | $911,258 50 |
| Ones | 4,882,000 00 |
| Twos | 6,086,320 00 |
| Fives | 79,090,315 00 |
| Tens | 157,982,750 00 |
| Twenties | 217,425,120 00 |
| Fifties | 188,088,200 00 |
| Total | $973,277,363 50 |