The extent of post-roads covered by mail service on the 1st of July last
was about 133,999 miles and the rate of annual transportation upon them
34,496,878 miles. The number of post-offices on that day was 12,780 and
on the 30th ultimo 13,028.
The revenue of the Post-Office Department for the year ending with the
30th of June last was $4,476,638, exhibiting an increase over the
preceding year of $241,560. The engagements and liabilities of the
Department for the same period are $4,624,117.
The excess of liabilities over the revenue for the last two years
has been met out of the surplus which had previously accumulated.
The cash on hand on the 30th ultimo was about $206,701.95, and the
current income of the Department varies very little from the rate of
current expenditures. Most of the service suspended last year has been
restored, and most of the new routes established by the act of 7th July,
1838, have been set in operation, at an annual cost of $136,963.
Notwithstanding the pecuniary difficulties of the country, the revenue
of the Department appears to be increasing, and unless it shall be
seriously checked by the recent suspension of payment by so many of the
banks it will be able not only to maintain the present mail service,
but in a short time to extend it.
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