Ed Session. Navy Dept. NAVY PENSION, HOSPITAL, AND PRIVATEER FUNDS. LETTER FROM THE SECRETARY OF THE NAVY, TRANSMITTING In abstract of the Navy Pension, Navy Hospital, and Privateer Pension Fund, on the 16th November, 1832. DECEMBER 6, 1832. NAVY DEPARTMENT, 4th December, 1832. SIR: Agreeably to the act of Congress passed on the 10th July, 1832, I ave the honor to transmit an abstract showing the condition of the navy pension, navy hospital, and privateer pension funds. This abstract includes a period of time-from the 16th of November, 1831, to the 16th of November, 1832. The accounts of the navy pension fund are exhibited in the papers marked from A to D, inclusively, viz. A. A statement from the Register of the Treasury, of the receipts and disbursements on account of the fund during the above period. B. Statement, in detail, from the Fourth Auditor of the Treasury in reation to this fund. C. An exhibit of all the stocks belonging to the fund, with the cost, as early as can be ascertained, and the nominal value thereof; and the amount nvested in the stock of the Bank of the United States; and, also, the amount f interest which will accrue to the fund during and for the year 1832. D. A statement of the number of pensioners on the navy pension roll, rior to the act of 28th June last; and of the number which has been placed pon the roll since the passage of that act, from each State respectively. The receipts and expenditures on account of the navy hospital fund are hown in paper F, No. 1, being a statement from the Fourth Auditor of the reasury; to which is attached a report from the Commissioners of the Navy, marked E, No. 2, in regard to the progress made in completing the several avy hospitals, according to the appropriations made at the last session of ongress for that object. F. Paper F, herewith transmitted, shows the state of the privateer penfund, and the number of pensioners who are receiving the benefits of be fund. The income of the navy pension fund for the year 1832, is estimated about $38,000; and the amount already paid, and which will be require be paid, for the same year, will, it is believed, not fall short of $36,000 The income of the privateer pension fund, derived from stock in the l ryland five per cents., and in that of the Bank of the United States for year 1832, is believed to be $2,298 82; and the amount necessary to be Į on account of pensioners now on the roll, is estimated at $2,800. Conformably to the act of 10th July, 1832, the accounts of the late c missioners of the several funds have been adjusted. All the stocks stand in their name previous to that period, the amount of which is stated in report, have been transferred to the "Treasurer of the United States, for use of the Secretary of the Navy, as trustee of the funds;" and the rec of the Treasurer of the United States, for the certificates of the stocks transferred, is now on file in this department. In regard to the opening of books for the accounts of the funds, the ac 10th July, 1832, has been strictly carried into effect. In consequence of an omission to specify out of what money in the Ti sury the payment of the salary of the clerk authorized by the act above cited, should be taken, he has not yet been enabled to draw his salary from general funds in the Treasury. To reimburse the amount so due, of $736 accruing from the 16th July to 31st December, 1832, that sum has b asked for in the general estimates for the service for the year 1833, as v as a provision for the future payment of his salary, out of any money otherwise appropriated, and in conformity to the probable intention of C gress at the last session. Statement in relation to the Navy Pension' Fund. Balance in the Treasury on the 18th day of November, 1831, to the cr of the navy pension fund $9,981 Payments made into the Treasury for its benefit, during the year ending on the 17th November, 1832 877,960 887,942 Amount of payments made by the Treasurer of the United 867,299 Balance to the credit of account, 18th November, 1832 $20,642 TREASURY DEpartment, Register's Office, 29th November, 1832. B. STATEMENTS showing the Balance standing to the credit of the Navy Pension Fund, on the 16th of November, 1831; the amount of Receipts and Disbursements on account of said Fund from that date to the 16th November, 1832, inclusively; and the amount of Advances to Agents during the same period, viz. Note. The interest on the Washington Corporation, to the 1st October, 1832, is not yet paid. messenger 7 Paid Richard Smith, cashier, for $10,958 71 United States' 5 pr. cent. stock April 2 Paid N. Eaton extra services as messenger 7 Paid Everard Hall, salary as secretary, to 22d March, 1832, and postage Paid Richard Smith, cashier, for Maryland 5 per cents. stock June11 Paid John H. Cannon for pension in full 20 Paid President Trenton Banking Co., 30 Paid Everard Hall, secretary, for salary July 5 Paid N. Eaton, messenger, for services Paid President Farmers' Bank of Dela14 ware, pensions to 1st Jan., 1832. 450 26,368 75 284 40 125,75 6.25 11,451 88 6 25 62 90 100,876 09 18 13 470,895 83 216 62 50 48 825,387 |