Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1831-03-26

sury, Tor his report thereon.
The great pressure on the Department during the
session OF Congress- has delayed his repor, until now;
and as the session Of your legislature IL drawing 10
close, hasten to lay il before you, with the hope that
will be received Satisfactory answer To tbs In.
quiries contained In their resolution.
You will perceive by this report, from the Treasury
Der artmen, that instead OF the Unied States being
debtor, there IL balance due to them from the State
OF Virginia. Of hundred the usaud eight hundred
aud seventy -nine dollara
.am, sir, with great respect,
Your most ohedisnt servant,
ANDREW JACKSON.
His ErcelIeney JOHN FLOYD.
TREASURY DEPARTMENT.
I7th March, 1881.
SIR: In compliance with your direction, 1 have OF.
amincd the matters referred to in The letter Of Hi.
Exeelieney the Governor Of Virginia. Of the 26.h oil
January and have now the honor 10 submit the result
In respect to the two poiots which, by a resolution
oil the General Assembly OF Virginis HIS Excellency
was requested 10 ascertain, Il is highly satsa Glory ts
be able to offer the most conclusive information; and
TO state
ls,. That Of the $500 900, which, by the &C. Of
the 4h August 1900 "making provision Tor the de b,
OF the United States were allowed to be subscribed
la cerhca,es OF the State Of Virginia, So 934443 20
were funded, or in other words assumed by the
United States.
2. That 6nal settlement, according 10 the provi.
,ons OF the said Ac,, and in conformity with another
Act oil the OH OF the same mouth, " To provide more
effeciusy for the settlement oil tho accounts betwe on
the Uned States and the individual States" did take
place: And, Ia compliance with the wish Of His Ex
eeeney, 10 be correctly informed to the result, Of
that settlement, have TO add
g. That the result Of the settlement was, that ba.
lance was found due to the Uoed States, by the State
OF Virginia, Of $l00,S79
BY tho 18Th section OF the FIRST mentioned act (vol
2. 1881 Congress undertook to assume certain debts
which had been incurred by the States, consisting oil
eerheates issued Tor compensaons and expenditures
Tor services or supplies towards the prosecution of the
war; aud the defence Of the United States or some par,
lhereo duriag tho wal; the holiers of these ecri.
Gates were invited to subscribe them to loan 10 the
United ates, In the same manner holders of certi
hcaies issued under tho authority of Congress. This
loan was limited 10 $2l 500 ,000 and cersan amounts
were liked, beyond which tho certificates issued by
the respective States, should not be received. The
limit assigned 70 those issued by the State Of Virginia
was So, 500, 900.
The l7th section Of the same act provided, that, II
the whole allowed to be subscribed In the 5.b,
or certificates OF any STATE should not be so sub,erh
ed such State should receive interest from the United
STATES on the deficiency, in trust for the
ing creditors OF such State, until thero should be
settlement OF accounts between the United State, and
the individual States
And III. lsh Section Of the Act provided, that 60
much OF the debt Of each Safe should be
Pursuant to that act, should be charge asaust the
Slate, In account with the u. States.
on the day following the passing Of the for going act.
the act already mentioned, ito provide more e.ctua
ly TOR the settlement Of the accounts between he u
States aud the individual States" was passed Vol
p lf4 that act established Board of Commissions r,
seue those accounts, and declared that the deter
minauon oil majority OF the Commissioners on I, o
claims submitted, should he 6nal and conclusive I,
also nxed the principles upon which the accounts were
10 De settled The Commissioners were 20 receive and
examine all claims exhibited to them, and determine
on all such accrued for the general or particular de-
ience, during the war, and the evidence thereof
according 10 the principles Of general guilty. althoug
such claims might not have been sanctioned by the
solves CoDgress, supported by regular
80 as 10 provide for the 6na settlement of all
.Meeh tie u States and the States Individually
.ney were TO examine and hqudate. on principle. Of
eqny the credits snd debts OF the States already ON
inc BOOKS oil the Treasury, for bills Of credit. They
were also debit each State with the advances m ads
oy tue u States, wish the in crest and TO credit
stare WIN It's disbursemeuts and advances with inter
es'-and having struck the balance due 10 each tb.y
were 10 md the aggregate of all the balances which
aggIega'e was to be apportioned between the States
accorsng 10 the rule provided by the Constitution for
he spporIionment Of direct taxes-and the diff renee
between such spportonments and tbs respective bal
was TO be carried in to debit or
erea. the States respectively, the case nigh, be
aud the States which had balances thu, placed TO
cr,dif, were entitled to fund them.
onaer the authority of this act, final settlement
wa accordingly made, and laid before the Pre.i.
GENT oil the w. States, on the 29h of June l793-a
copy oi this Report taken from the Books OF The Reg.
p'er OF tue Treasury, is now submitted.
ne Report CT the Commissioners states, that they
sau gone through the process prescribed in the 9Th
section OF the act Of the 9Th OF August and found that
mere was due to and from the several States the
verai Sums herein reported and amt ng Others from
bSHVub SlOU,ofS-Wbich sums, thew,
oy virtue or the authority to them deIeg
70 De tne hnAI and conclusive balances due 10 and
from the several States.
ny an examination Of this Report Il will be seen.
'hat 10 arrive al this result, they had
II Admitted to the credit Of the State of Virginia
SiS,oSo 9Sl 81, which was in lul of all claims
iof me disbursements and advances Of the said State
WIN interest, and which had been exhibited in con-
formiy with the act.
2od They had carried to the debit of that State
80 oO3 .4l6 oil, which 10 full Of all advances
made by the U. States to that State with interest and
0r certificates OF thai State received on loan by the
y. States, in compliance with the Act of Congress Of
the 4h OF August, 1892, IAN act extending the time
Tor receiving subscriptions 10 the loan)-
And 3D. They had appor,ioned the aggregate balan.
ees among the States, according TO the rule Of repre-
sensaon prescribed by the Constitution and found the
amount chargeable to the State of Virginia. 1888 Az
Ibis settlement. may be thus exhibited:
The State was charged with advances made 10 the
State by the U. aes and with eeru6 eates issued by
that State, and received loan, funded by the u
o'd.es, $3,S03 .4ls 81
gt' balances, Is 383, 444 90
Making together $19is6,s6O 81
And she was credited with her dis.
bursemeDts and advances, l9.O85 9SI 81
which, being deducted from the charges left balance
due TO the U. States by the State of Virginia. On the
hDal setilemsnt, OF S100,S79
The details OF this settlement, sho wing what pareu
Nya httnA be-