ustoms; $1,795,331.73 from the direct tax; from public lands,
$152,203.77; from miscellaneous sources, $931,787.64; from loans in all
forms, $529,692,460.50. The remainder, $2,257,065.80, was the balance from
last year.

The disbursements during the same period were: For congressional,
executive, and judicial purposes, $5,939,009.29; for foreign intercourse,
$1,339,710.35; for miscellaneous expenses, including the mints, loans,
post-office deficiencies, collection of revenue, and other like charges,
$14,129,771.50; for expenses under the Interior Department, $3,102,985.52;
under the War Department, $394,368,407.36; under the Navy Department,
$42,674,569.69; for interest on public debt, $13,190,324.45; and for
payment of public debt, including reimbursement of temporary loan and
redemptions, $96,096,922.09; making an aggregate of $570,841,700.25,
and leaving a balance in the treasury on the 1st day of July, 1862, of
$13,043,546.81.

It should be observed that the sum of $96,096,922.09, expended for
reimbursements and redemption of public debt, being included also in the
loans made, may be properly deducted both from receipts and expenditures,
leaving the actual receipts for the year $487,788,324.97, and the
expenditures $474,744,778.16.

Other information on the subject of the finances will be found in the
report of the Secretary of the Treasury, to whose statements and views I
invite your most candid and considerate attention.

The reports of the Secretaries of War and of the Navy are herewith
transmitted. These reports, though lengthy, are scarcely more than brief
abstracts of the very numerous and extensive transactions and operations
conducted through those departments. Nor could I give a summary of them
here upon any principle which would admit of its being much shorter than
the reports themselves. I therefore content myself with laying the reports
before you and asking your attention to them.

It gives me pleasure to report a decided improvement in the financial
condition of the Post-Office Department as compared with several preceding
years. The receipts for the fiscal year 1861 amounted to $8,349,296.40,
which embraced the revenue from all the States of the Union for three
quarters of that year. Notwithstanding the cessation of revenue from the
so-called seceded States during the last fiscal year, the increase of
the correspondence of the loyal States has been sufficient to produce a
revenue during the same