424 
count of their present sufferings. 
The extent of the reduction indeed 
unavoidably involved the exclusion 
of many meritorious officers of 
every rank, from the service of 
their country; and so equal, as 
well as SO numerous, were the 
claims to attention, that a decision 
by the standard of comparative 
merit, could seldom be attained. 
Judged, however, in candour, by 
a general standard of positive 
merit, the Army Register will, 
it is believed, do honour to the 
establishment; while the case of 
those officers, whose names are 
not included in it, devolves, with 
the strongest interests, upon the 
Legislative Authority, for such 
provision as shall be deemed the 
best calculated to give support 
and solace to the veteran and in- 
valid; to display the beneficence, 
as well as the justice of the Govern- 
ment; and to inspire a martial zeal 
for the public service, upon every 
future emergency. 
Although the embarrassments 
arising from the want of an uni- 
form national currency have not 
been diminished since the ad- 
journment of Congress, great sa- 
tisfaction has been derived, in 
contemplating the revival of the 
public credit, and the efficiency 
of the public resources. The re- 
ceipts into the Treasury from the 
various branches of revenue, dur- 
ing the nine months ending on the: 
30th of September last, have been 
estimated at twelve millions and 
a half of dollars; the issues of 
Treasury Notes of every denomi- 
nation, during the same period, 
amounted to the sum of fourteen 
millions of dollars; and there was 
also obtained upon loan, during 
the same period, a sum of nine 
millions of dollars, of which the 
ANNUAL REGISTER, 1815. 
sum of six millions of dollars was 
subscribed in cash, and the sum 
of three millions’ of dollars in 
Treasury notes. With these means, 
added to the sum of one million 
and a half of dollars, being the 
balance of money ia the Treasury 
on the first of January, there has 
been paid, between the first of Ja~ 
nuary, and the Ist of October, on 
account of the appropriations of 
the preceding and of the present 
year (exclusively of the amount of 
the Treasury notes subscribed to 
the loan, and the amount redeemed 
in the payment of duties and taxes), 
the aggregate sum of thirty-three 
millions and a_ half of. dollars, 
leaving a balance then in the Trea- 
sury estimated at the sum of three 
millions of dollars. Independent, 
however, of the arrearages due 
for military services and supplies, 
it is presumed, that a further sum 
of five millions of dollars, includ 
ing the interest on the public debt, 
payable on the Ist of January next, 
will be demanded at the Treasury 
to complete the expenditures of 
the present year, and for which the 
existing ways and means will suffi- 
ciently provide. 
The national debt, as it was 
ascertained on the lst of October 
last, amounted in the whole to the 
sum of one hundred and twenty 
millions of dollars, consisting of 
the unredeemed balance of the 
debt contracted before the late 
war (thirty-nine millions of dol- 
lars), the amount of the funded 
debt contracted in consequence of 
the war (sixty-four millions of 
dollars), and the amount of the 
unfunded and floating debt (in- 
cluding the various issues of Trea- - 
sury notes) seventeen millions of 
dollars, which is in a gradual 
course of payment. There will, 
probably, 
