Alexander Hamilton Papers

Enclosure: Statement G: [Statement Showing the Probable Surplus of the Revenue], 16 January 1793

Statement G
A Statement Shewing the Probable Surplus of the Revenue of the United States for the Year 1792
Dollars Cents
Net product of Duties on Imports and Tonnage from the 1st of January to the 31st of December 1792, as estimated* 3,900,000.   
Ditto on home made Spirits as estimated   400.000.   
Appropriations
4,300.000.   
Interest on the Public Debt for the year 1792 2.849.194.73
For the Support of Government for the same Year appropriated
  by the act of the 23d of December 179119
} 600.000.  
Towards carrying into execution the act intitled “An
  Act for making farther and more effectual Provision
  for the Protection of the frontiers” appropriated by
  the act of the 2d of may 1792.20
} 523.500.  
To defray any expense incurred in relation to the intercourse
  between the united States and foreign Nations
  appropriated by the Act of the 8th of may
  179221
} 50 000.  
4.022.694. 73
Surplus   277.305. 27

Alex Hamilton

191 Stat. description begins The Public Statutes at Large of the United States of America (Boston, 1845). description ends 226–29.

201 Stat. description begins The Public Statutes at Large of the United States of America (Boston, 1845). description ends 259–63.

21This is a reference to Section 3 of “An Act making certain appropriations therein specified” (1 Stat. description begins The Public Statutes at Large of the United States of America (Boston, 1845). description ends 285).

Authorial notes

[The following note(s) appeared in the margins or otherwise outside the text flow in the original source, and have been moved here for purposes of the digital edition.]

* This sum is estimated by adding to the ascertained product of the year 1791 an ascertained excess of the product of the first two quarters of the year 1792, beyond the product of the first two quarters of the year 1791 being 252,319 dollars and eleven cents, and the estimated product for a half year of the additional duties on imports laid during the last session of Congress and commencing on the 1st. of July last, being 261,750 dollars. According to the information hitherto received at the Treasury, there is every probability that the amount of the duties for the last half year of 1792 will fully equal this calculation of their product; if in the ratio of the first half year, will exceed it.

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