FINANCES OF THE UNITED STATES. 



299 



cotton region, is accounted for by the sub- ' SIZE 



division of the large plantations of ten and ! 1_ 



twenty years ago, by reason of social and in- Under 3 acres 6,875 



dustrial changes consequent on the war, and jftflSS JJ-;; ; ;; g|g} 254,749 



also, in the case of Florida, Arkansas, and 20 and under 50 847,614 781,474 



Texas, by immigration. 50 and under 100... . '.. 754,221 1,032,910 



The average size of farms in 1880 was 134 JooSdXdS 1,000 lS8B ' wira 



acres; in 1870, 153 acres; in 1860, 199 acres. 1,000 and over 3,720 28,578 



The number of farms of specified sizes in the 



United States in 1880, as compared with 1870, Important comparisons between 1880 and 



was as follows: 1870 are given in the following statement: 



1870. 1880. 



Total land in farms, acres . . . 407,735,041 536,081,835 



Improved land in farms, acres 188,921,099 ' 284,771,042 



Unimproved land in farms, acres 218,818,942 251,310,793 



Percentage of unimproved to total land in farms 53'7 46-9 



Value of farms* $9,262,803,861 $10,197,096,776 



Value of farming implements and machinery* 836,878,429 406,520,055 



Value of live-stock* 1,525,276,457 1,500,464,609 



The estimated value of all farm -productions <> r jivU expenses ^W^ 4 2 



(sold, consumed, or on hand) for 1879 was ? ^SSS t mterommB J'SJw X 



$2,213,402,564. Forpensions 61,345>3 95 



LIVE STOCK For . tne mil1tai 7 establishment, including 



Horses ". '. 10,357,981 %."* harb r im P rovements < and ar ' 40570494 19 



Mules and asses... . 1812,932 ^the D aVal 'establishment deluding VeV- ' ' 



., ^Q'ROQ sels. machinery, and improvements at navy- 



JT? I S'lS'iSS y ar( i s 15,032,046 26 



r cattle 22,488, 590 For m isce ii an eou8 expenditures, including 



^ e P ;IT ioanKi public buildings, light-houses, and collecting 



me 47,b8<5,951 the revenue 34,539,237 50 



For expenditures on account of the District 



FINANCES OF THE UNITED STATES. of Columbia 8,330,543 87 



In reviewing the financial operations of the For interest on the public debt , njnww 



Government during the year 1882, the absence Total $257,981,439 57 



of congressional legislation affecting the na- Leaving a surplus of $145,543,810.71. 



tional revenues is a noticeable feature ; and, Compared with the previous fiscal year, the 



perhaps the freedom of action which naturally rec eipts for 1882 have increased as follows: 



followed has not been to the disadvantage of From custO ms, $22,251,054.23 ; internal reve- 



the nation. By a faithful administration of nue, $11,233,209.94; sales of public lands, $2,- 



the laws already m force, and a judicious ex- 551 277.20; tax on circulation and deposits 



penditure of the public funds with strict regard of nat i nal banks, $840,678.73 ; and miscella- 



to economy there has been realized a surplus neoll8 $5,866,737.61 ; making a net increase 



revenue of $145,000 000-an amount hitherto in the rece ipts from all sources of $42,742,- 



unparalleled m our history. 957 ^j 



The receipts of the Government for the fiscal The* expenditures during the same period 



year ended June 30, 1882, were as follow: show a decrease of $20,343,982.30, as follows: 



From customs $220,410,73025 In the naval establishment, $654,625.40; in- 



From internal revenue 146,497,59545 fprpejr nn thp nnhlin riphr <fe1 1 4-31 ^4- 3Q and 



From sales of public lands 4,753,140 37 Q . . Q thQ PUDllC debt, $U,4dJL,Dd4.dy , ana 



From tax on circulation and deposits of na- m Civil and miscellaneous, $8,257,822.51. 



tional banks 8,956,794 45 There was an increase of $17,612,534.28, as fol- 



ry'SpSs 1Dter6 !! . 7 840 554 37 lows : In the military establishment, $3,104,- 



From sinking fund for Pacific Eaiiway Com- 033.64; for Indians, $3,222,586.31; and in 



FrSct^^^ iSSsoo P^ions, $11,285,914.33; making a net -de- 



From fees consular, letters-patent, and crease in the expenditures of $2,731,448.02. 



From d8 roce'ed " V 2,638,990 97 The receipts from customs for the last fiscal 



e^f. ro .?... 8 . .!..7. ... 7f m . en .^?!??." 814,95985 J ear ($220,410,730.25) were larger than ever 



From profits on coinage, bullion deposits, and before in the history of the Government; the 



From&'ian trust funds" .'.'.'".'.'i 570^ nearest approach to a like amount being in 



From deposits by individuals for 'surveying 1872, when the collections from customs du- 



From miscellaneous sources 



8.883,44543 

 - - -- 

 Dotal ........ ; ........................ $403,525,25028 



The expenditures for the same period were : 



- 



* In comparison of values between 1870 and 1880, it should 

 be borne in mind that, in the former year, gold was at an 



average premium of 25-3 per cent. 



R 



revenue ($146,497,595.45) were the 

 largest since 1870, during which year they 

 amoU nted to $184,899,756.49. The amount re- 

 ceived from sales of public lands ($4,753,140.- 

 37) was greater than for any year since 1856, 



w l lpn fh PV nmnrmtpd to ^8Q17n44-Q^ Thfi 

 Wn , I J ^1^ no KO?O' K A OON i 



total net revenue ($403,525,250.28) was larger 



