INTERNAL IMPROVEMENTS. Amount of moneys expended in each state and Territory of the United States, upon works of internal improvement, from the adoption of the federal constitution, to the 1st day of October, 1828. BANK OF THE UNITED STATES. General Statement of the Affairs of the United States' Bank in the Years 1827, 1828, and 1829. Peport at the triennial meeting of the Stockholders of the Bank of the United States. 30 Illinois, 310 This deficiency will be fully provided for by 1st. The progressive increase in the value of the real estate at Cincinnati, where there is every reason to believe that the whole estimated loss, now amounting to more than $420,000, and included in the above sum of $3,192,064 43 cents, will be fully repaid out of the property now belonging to the bank. 2d. By the arrears of interest at the four western offices, which for some years past, furnished an average annual income of $111,000. 3d. By what may yet be obtained out of the sum of $1,571,000, interest on the bad and doubtful debts, and on the large mass of bad debts, which, though far greater caution considered unavailable, are in a train of final settlement, and are still yielding considerable sums. The surplus fund of reserved profits, accordingly stands at $1,518,298 61. From these statements, it will be perceived, that within the last few years, there has been a very large addition to the resources, the operations and the profits of the bank; and which, in the opinion of this committee, is ascribable principally to two measures of the board of directors. 1st. The first-the conversion of a large porportion of the stock loans of the bank into investments ofamore active character. The loans had been for the most part made to individuals, who were not able to pay, and whose stock being therefore forfeited to the bank, became in fact, a diminution of its efficient capital. This stock being sold, produced a direct profit of $71,000 per annum-the difference between the employment of the proceeds and the highest dividends on the stock while it remained part of the capital; besides enabling the bank to multiply and extend its connexions in business, and give greater activity to its operations. 2d. The second measure relates to the nature and extent of the circulation of its notes. The whole amount of its own notes in circulation on the 1st of January, 1823, was $4,589,000. The means thus derived from the increase of notes and the sale of stock, were devoted to discounts and loans, and par |