Sunbury American and Shamokin journal. [volume] (Sunbury, Northumberland Co., Pa.) 1840-1848, 1845-01-11


cluding small available balance from the pre-
vious year, were 2,5ll,237 O3
The expenditures for the same pc
Rod, including the amount of re-
lief notes cancelled, were 1917, ,as5 Is
Leaving balance in the Treasury
on that day. Of Ob3,Sol SS
There was also an available bal
ance in the Canal Treasury, on
the same dav, of 3o,l97 90
The receipts during the month Of
December, exclusive ofdisburse-
ments, were 39,6sl 90
To which may be added the
ccirts over expenditures for the
present month, estimated at 100000 90
Making the amount in the Trcasu-
ry on the lst February, about S963,030 | |
This balnrcc embraces the sum of $4,000 of
rnllet notes, which the State Treasurer with
held from cancellation on the 3lst December,
and which, If needed, may be applied by the
Legislature 10 the payment of interest on the
public debt From the facts here presented, it
is evident that the Commonwealth will be pre-
pared tu meet her interest falling due on the
lst OF February. Attempts, it is true, have been
inside tn create doubts in the public mind IN re-
latlon to the propricty of paying the interest on
the Treasury, on the 1t OF August. But it
must be perfectly evident that the Treasury
will be in ample funds, not only on the first of
August next, but also on the first of February
1S4j And the very fact that the interest Is
paid on the first of February next, will increase
the means and credit of the State TO meet It's
interest in August, and afterwards, when it falls
due Whilr, on the other hand, if when it is
admitted that enough money 10 discharge the
interest on the first of February, is in the Trea.
sury, applicable to that object, and it is not SO
applied, We shall, with much appearance ot JUS
tlcc, subject ou selves TO the reproach Of our
traducers, as wltullv dishonest. and regardless
of the faith and honor of the State. With an
exhausted Treasury and tarnshed credit, we
could plead our necessities in cXtenunton of
our violation of contracts: but what shadow of
excuse could be offered when this necessity has
ceased to exist None, whatever, that good
old d-iashioncd integrity does not brand dis.
graceful, and unworthy our character a So
vereign State.
IL must be gratifying to every Pcnnsvlvani.
an To reflect that the credit of this great State
which has been, Tor upwards of two wears, sub.
Jcctcd to reproach, will thus be restored tn the
unsullied purity of character which, until this
unavoidable reverse OF fortune. she had stead
fasty maintained The claims of all her no.
nest creditors will be pnnciuay discharged,
and the gross imputations which have been
heaped upon her name wiped ont, and the abid-
ing confidence which we have ever felt in the
disposition and ability Of the State to comply
with all her engagements. will be fully reallzed.
The report ot the Canal Commissioners will
present 10 you, in detail, the operations on the
public improvements, for the past year. The
tolls collected In lSli. amount to Sl.l67 ,G03
boi L. So { I -
The collections for the wear exceed the cApen.
ditures the sum of 5000 G5S -.
The report of the State Treasurer will explain
in detail onr financial condition That officer
estimates the receipts at the Treasury for the
current fiscal year ending 3Oth November 1918,
at S3,O0j, 600 90
To which add balance
i'll Treasury, OF 30th
November last S6G3, ,S5l sS
Also, the amount in
Canal Treasury, on
, the same day. 30. ig7 90