REPORT
OF
THE POSTMASTER-GENERAL.
Sir: The ordinary revenues of this Department for the fiscal year ended June 30, 1873, were $22,996,741.57, and the expenditures of all kinds $29,084,945.67. For the year ended June 30, 1872, the ordinary revenues were $21,915,426.37, and the expenditures $26,658,192.31. In 1873 there was an increase of revenue over 1872 of $1,081,315.20, or 4.93 per cent., and an increase of expenditures of $2,426,753.36, or 9.10 per cent. A comparison of 1873 with 1871 shows an increase in revenues of $2,959,696.15, or 14.42 per cent., and an increase of expenditures of $4,694,841.59, or 19.24 per cent. The increase or decrease in each item of receipt and expenditure during the fiscal year ended June 30, 1873, as compared with the years ended June 30, 1872, and June 30, 1871, respectively, is shown by table No. 2, accompanying the report of the Third Assistant Postmaster-General.
If, in addition to the ordinary revenues, the Department is credited with the amounts drawn and expended for subsidies to mail steamship-lines, ($725,000,) it will be seen that the amount drawn from the general Treasury under the appropriations to meet deficiencies during the year was $5,265,475, against $3,317,765.94 in 1872. To the deficiency for 1872, however, are to be added the standing appropriations for free matter, amounting to $700,000, which have since been repealed.
| The estimated expenditures for the year ending June 30, 18575, are | $33,929,912 00 | |
| The ordinary revenues, estimated at 13 per cent. over 1873 | $25,908,817 00 | |
| Estimated revenue from money-order business | 100,000 00 | |
| Estimated revenue from postal cards | 1,034,732 00 | |
| Estimated revenue from postage-stamps supplied to Departments | 2,250,000 00 | |
| 100,000,000 00 | ||
| Making the total estimated revenues for 1875 | 29,293,549 00 | |
| 100,000,000 00 | ||
| Leaving a deficiency to be appropriated out of the general Treasury of. | 4,636,363 00 | |
The foregoing estimates do not include the following special appropriations in the nature of subsidies:
| For mail steamship-service between San Francisco and Japan and China, under acts approved February 17, 1865, and February 15, 1867. | $500,000 00 |
| For additional subsidy under act approved June 1,1872 | 500,000 00 |
| For mail steamship service between the United States and Brazil, under act of May 28, 1864 | 150,000 00 |
