New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-05-22

EXECUTIVE DEPARTMENT,
Springfield, Illinois. April 60 le46.
Srl-Tae FREQUENT INQUIRIES which have been sd-
dressed 10 NE by the creditors Of the State in relation
70 the proceeds OF mill applicable 10 the payment
ofnterest on the State Debt have Induced me 10 sd-
dress you this Circular.
Ills known that the Legislature Of this State at It's
session ofls45 passed law levyipg tax OF one mill
On every dollars worth OF property for the year le43
and mill and half for every year thereafter to be
collected In gold and silver con and TO be applied on the
FIRST day Of July aud January Of each year 10 the
ment Of interest on all canal and internal improvement
bonds excep, the bonds hypobeca'ed TO Messrs acA-
lister g. Steobins The frst payment 10 be made on
the fret day Of July bat is not known yet how
much Of the Of la45 will be paid into the treasury,
by the collection of the several Counties BY that day
The Auditor OF Public Accounts informs noe that not
quite all the assessments for 1916 have been returned 10
this Office but from the returns which haze been re-
ceived and estimated from the former assessments the
Auditor confident that the whole value OF the property
assessed for l545 will amount TO eighty mlionsI OF dol
lars and the assessment for 1885, IL Is thought will
amount ninety hundred millions The one mill
for 1873. when collected will be $50 600, or more
And the mill and half for la46 will be at least one
hundred and twenty five thirty thousand dollars.
But the for lt45 10 not likely oil 10 be collected, as
soon our creditors may expect II 10 be. As yet only
about COO this has been paid into the Treasury
The laws Of this State require that the assess
mens shall be completed EACH by the month of August
In September the Sheriff OF each county commenced COL
Letting They make their first settlement and pay
into the treasury by March OF the next year There
ninety eight counties ninety eight ninety
eight collectors Among such multitude oil puonc agents.
there ere always that slow In making collections
and put performance Of their duty TO the last hour
and few deDquencles and defalcatous occasionally &C.
cur II the collector not by the month OF March, sue
In collecting all the due for the preceding year
he advertise the lands upon which they are unpaid
At the first Circuit Court o. his county after the month OF
March, he presents his delinquent list to the Court ana
gets Judgment and order Of sale against the lands Tor the
taxes interests and lie Is then 20 offer them for
SALE within four weeks and If they are not all Sold the
residue is stricken Off 10 the State again 10 be offered for
thn-ua fQr
after such SALE IS to settle with the auditor and make his
payments into the treasury The collectors will be COM
ng In now all the time from this until the first Of Jaly
Payments will be made into the treasury during all that
time.
Taking our former experience for guide, am conf
dent that all OF the proceeds OF the tax for ld5 will not
have been paid into the treasury by the first OF July next
1t will take three years before the proceeds OF
this special will be cqualzed The balances and de-
fcencies for ls45 will be paid In ls47; those OF 1886 In
184S and those of 1877 In lS49 So that may be that
the whole amount collected In any year may no,
equal the whole amount OF years tax until 1887 or g.
have been requested TO give authority TO the agents
OF the State Of Illinois, In New York and London to pay
the first day OF July next per cent for one year
do not believe that the sum TO be received by the
first of June will bs equal to such payment Gn the
first of June will ascertain the amount received,
and the agencies of the State will be instructed ihow
much to pay. have the honor TO be- very respectfully,
Your obediont servant THOMAS FORD,
Governor OF the State OF Illinois.