Richmond Indiana palladium. [volume] (Richmond, Ind.) 1837-1839, 1839-01-05

Leaving an estimated balance in the :reas;sr Z
On the 3oh November. 1885, of $3.50 10.
From The foregoing exhibits Of the recePs ana
disbursements Tor the year lS2s, and the esti-
Mates Of the probable coniitis~ OF the treasury
or 1889, it will be seen tIaS- The payments INTO
he treasury in the financial YEAR Just closed, ex-
coed the expenditures of ihf, Year By the sum OF
S23.i1l %.
And thai this balance, tog sher " s other es-
itirna,ed payments into the treasury during the
approaching year, 1880. viii excee1the estimated
demands upon the treasury for the same period,
b. the sum of $500 -.
Leaving Il balance IN the treasury oesKe lsi q
December, 1882 of $3.50 ID.
|, will he perceived that this estimate IS made
upon the supposi.on that the poll tax and only ,
cents the 500 Of valuation OF taxable proper
" will be retained IN the treasury 10 be aPpro-
Stated 10 the ordinary expenses OF the govern
mert. and that the remaining property tax VIII be
%irecte1 to payment Of interest on state loans
+ The undersigned has been guided IN thus ar
,rangeIrent of the cstImates by tho indic2uohs
drawn from the partial action of the asst Generai
| Assembly and in accordance with recommends
tons of the committee OF ways and means in ref
fercpcc to this matter us well from conviction
that the n9ii tax AMI l-3 oil tho present property
tax viii produce an adequate amount 10 meet the
current expenses Of Inc year, If no extraordinary
appropriations shall be made, and rigii economy
shall NC Observed
pcrty for 1888, falls short by nearly two ami half
millions of that of 1881 fact ats3Fding "ncrTlng
evidence OF pccunlarv reaction, ANA OF the Jist
ground Tor the arprehensions above suggested.
The amount Of polls have increased from lo57
to 1888 nearly 5000 which will increase the rev.
enuc from this branch, aboI: III the sumo proper
ton as Il1t Of the rctroradc of the property a2
leaving the gross amount Of revenue neatly tAe
same that Of 1877.
The finances q ouc internal improvement de-
partmcnt, do not properly como @,ihn the scope
Of ms official duties; but portion 2! the l"ats
for lilo payment of tho interest on the improve
n,cnt bcbt Is drawn from the public rcvcnae, and
through ihis department, it VIII BE- proper to say,
lii2t exclusive OF tho amount OF revenue ehora-
cei in the Foregoing estimates necessary Tor the
Ordinary expenses If the State, there w..l proba-
bly, rc,naia about $4,000.
Oalv ono hail Of This amount, however, VIII
Under existing laws, be paid over Ia the tund COM
nssoners for the parPaso OF dlscb2rgIng interest
Oh tic pubic Gebt.
Tho balance, being $4,000, VIII he in the
Treasury, sui ect 20 S:ch direction as the 0cncrai
Assembly may provide.
The undersigned was notified by the cashier OF
the State Blnh III May last. that this institution
would advance - the stffe mo 4ii instrument OF
the surplus revenue Of the United States, under
the provision Of the act Of tn" ll;h February last,
80! /, "a. Is ~, If - 1 ll,5 112 was sal lsci
nal amount was accordingly ICGEiFSu VI tAic
State Bank on the I7,h day OF My i's', and on
the same day paid over to the Sinking Fund Com
mSsoners, according to the provisions OF SAID act
The 3Sth section Of the probate law, which re-
qurcs administrators of estates without known
heirs to pay inlo the state treasury the residue oil
the estate, after paying debts IS very deficient IN
not requiring the State TO lie made party IN the
suit thai IS authorized to be brought on the peti-
ton Of the heirs Tor decree that the money be
paid over - them by the treasurer OF State.
UnIcrShe present law, the proceeding IS alto
rether eypartc, and 1t is apPTchenGcd that some
proceedings have already been had, which may
subject the state II pny second time, the III NJ
cy which had been plsccd with the statc IS trus
tee of the unknown heirs. Respectfully suggest
that the iaw e 50 Amended IS TO require the audit
,or of public accounts % Be made a party to any
sch suit. and that /, shall be the duty of The pros
ecutirg attorneys 10 defend the state III such !
cases.