The expenditures of the year may perhaps amount to $22,300,000 presenting a small excess over the receipts. But of these $22,000,000, upward of $6,000,000 have been applied to the discharge of the principal of the public debt, the whole amount of which, approaching $74,000,000 on 1827-01-01, will on 1828-01-01 fall short of $67,500,000. The balance in the Treasury on 1828-01-01 it is expected will exceed $5,450,000, a sum exceeding that of 1825-01-01, though falling short of that exhibited on 1827-01-01. It was foreseen that the revenue of the present year 1827 would not equal that of the last, which had itself been less than that of the next preceding year.