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of Peru, to defend their Independence and to promote with zeal their prosperity.

Given in the Protectorial Palace in Lima, the 8th of October, 1821.
JOSE DE SAN MARTIN.

JUAN GARCIA DEL RIO.
BERNARDO MONTEAGUDO.
HIPOLITO DE UNANUE.

REPORT of the Secretary of the Treasury, containing the Annual Account of the state of the Finances of The United States.-10th December, 1821.

SIR,

Treasury Department, 10th December, 1821. I HAVE the honour to transmit a Report, prepared in obedience to the "Act Supplementary to the Act to establish the Treasury Department." I have the honour to be, &c.

The Hon. Philip P. Barbour,

Speaker of the House of Representatives.

REPORT.

WM. H. CRAWFORD.

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 Net Revenue arising from Imports and Tonnage, Internal Duties, Direct Tax, Publick Lands, Postage, and other incidental Receipts, during the Year 1818, amounted to... Dollars 26,095,200 65 Viz.: Customs........

Arrears of Internal Duties.......

Arrears of Direct Tax...........

21,828,451 48

947,946 33

263,926 01

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during the Year 1820, amounted to.............Dollars...15,284,546 29

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It is estimated that the gross amount of Duties on Merchandise and Tonnage, which accrued during the 3 first Quarters of the present Year, exceeds 14,088,000 dollars.

The Payments into the Treasury, to the 30th of September last, have amounted to....... ......Dollars...16,219,197 70

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And the payments into the Treasury, during the 4th Quarter, are

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Monies recovered out of Advances made in the War

Department, before the 1st July, 1815.. 120,000 00 Balances of Military appropriations carried to the Account of the Surplus Fund......

Direct Tax and Internal Duties, and

Incidental Receipts.......

90,278 14

25,000 00

Making the Total Amount estimated to be received into

the Treasury during the Year 1821..........Dollars...19,814,475 84

Which, added to the Balance in the Treasury on the

1st January last, of.............

1,198,461 21

Make the aggregate Amount of..................Dollars...21,012,937 05

The application of this Sum for the Year 1821, is estimated as follows: viz.

The payments to the 30th of September have amounted to

Viz :

Civil, Diplomatic, and Miscellaneous... 1,772,717 30
Military Service, including Fortifications, Ordnance,
Indian Department, Revolutionary and Military
Pensions, arming the Militia, and Arrearages prior
to the 1st of January, 1817........... 4,872,865 78
Naval Service, including the gradual
increase of the Navy......................... 2,603,592 75
Publick Debt, including 591,611 dol-

lars 30, of Mississippi Stock.....

.....

6,406,112 64

15,655,288 47

During the 4th Quarter, it is estimated that the payments will

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Making the aggregate amount of ............Dollars... 19,235,288 47 Which, being deducted from the above sum of 21,012,937 05 dollars, will leave in the Treasury, on the 1st day of January next, a Balance estimated at............

....Dollars... 1,777,648 58

But, of the Balances of Appropriations for the service of the Year 1821, necessary to effect the object of those Appropriations, exclusive of Balances, which will not be required, and which have been deducted from the Estimates of the Year 1822, or will be carried to the Account of the Surplus Fund, there remains the sum of 2,268,611 dollars 28, which is an existing charge upon the Revenue of 1821, and exceeds the Balance estimated to be in the Treasury on the 1st day of January next, by 490,962 dollars 70.

11.-OF THE PUBLICK Debt.

The Funded Debt which was contracted before the Year 1812, and which was unredeemed on the 30th of September, 1820, amounted .............Dollars...20,570,627 12

to......

And that contracted subsequently to the 1st of January, 1812, and unredeemed on the 30th of September, 1820, amounted to........

.70,654,933 65

Making the aggregate amount of................ Dollars...91,225,560 77 Which sum agrees with the amount stated in the last Annual Report, as unredeemed on the 1st of October, 1820, excepting the sum of 38 dollars, 66 which was then short estimated, and which has been since corrected by actual settlement.

In the 4th Quarter of the Year, there was added to the above, the sum of

Viz.:

In 6 and 7 per Cent. Stocks, for Treasury Notes brought into the Treasury, and cancelled

In 5 per Cent. Stock, under the Act of

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3,280 29

And there was paid in the 4th Quarter the sum of......

457,747 95

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388,892 21

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Making the Publick Debt, unredeemed

on the 1st of January, 1821 ..................Dollars...91,294,416 51

From the 1st of January to the 30th of September, inclusive, there has been added the sum of....

Viz.:

......4,739,776 38

Three per cent. Stock, for Interest on Registered

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276,737 15

during the same period............... Payments on account of Louisiana Stock 2,071,360 00

Making the Publick Debt which was unredeemed on the 1st of October, 1821

...........................................Dollars...93,686,095 74

To which will be added, in the 4th Quarter, Treasury
Note 6 per cent. Stock issued.......

Making .......

From which will be deducted, in the 4th Quarter, the

390 40

.........Dollars... 93,686,486 14

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Making the Amount of the Publick Debt, unredeemed
on the 1st of January, 1822, as estimated .....
The Treasury Notes yet outstanding are estimated

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The Awards made by the Commissioners, appointed under the several Acts of Congress for the Indemnification of certain Claimants of Publick Lands in the Mississippi Territory, amount to

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Of which there have been received at the General Land

28,495 00

4,282,151 12

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III.-OF THE ESTIMATES OF THe Public Revenue and ExpendITURE

FOR THE YEAR 1822.

The diminution of the Revenue from Imports and Tonnage, which occurred in 1819, advanced with progressive force through 1820, and reached its lowest point of depression in the first Quarter of the present Year. The Duties secured in that Quarter were 727,000 Dollars less than those of the corresponding Quarter of 1820; whilst the amount secured in the second and third Quarters, exceeded that of the same period of the preceding Year by 1,172,000 Dollars: thus presenting, on the 30th of September last, an aggregate excess of 445,000 Dollars, for the three first Quarters of 1821, which sum, there is just reason to believe, will be considerably augmented at the end of the Year.

Whilst the Duties have progressively increased, the Debentures chargeable upon them have considerably diminished: the amount of Debentures issued from the 1st of January to the 30th of September

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