The Columbia Democrat. [volume] (Bloomsburg, Pa.) 1837-1850, 1847-01-16

D ION Of the public debt which embraces
ome additional objects Of taxation, and
contains provisions for enforcing, more el,
TectualIy, the intention Of The sc, of 1874.
II was however, passed al period of the
session when there was no tine for deiber-I
''on, and contains SOme provisions. which. !
n my estimation, ought to be modified. It'll
lseems TO me that, an attempt 10 tax book
laccoun's, and moneys due on contracts will
Iony prove vexaliOus to the citizens and Of
fcers, wiIhou, adding substantially to the
revenue As the &C, of l846 has not yet
rad time to produce any practical results
mo certain estimate can be made of the a,
mount Of additional revenue i, will producer
But, il is believed, lha. this law, together
with the increase Of the value OF prop erly
Isince The las, lrienna assessment i, falr!yl
made, wienlarge the revenue dervablc from
real and personal estate to an amour. equal
10 the deficiency tina! occurred in the accru
ling revenue OF The last year. The loss of
tolls, and The additional expenditures upon
he public works, occasioned BY the extra.
ordinary food Of las! spring, is subject
which may be properly noted here. ByI
reference 10 the report of the Canal Com
missiorers, /, appears tha, they have esli-
mated The loss Of tolls occasioned by The de-
lay in opening The navigation, a, the sum
Of $3.50, 900, and ha. the cost of exraordi. !
airy repairs, required in consequence of in-
ijnries by the flood, was Slil,5l5; making
the aggregate loss TO the State, by Ihis unu-
suaI casually. S26l,5l5. II this disaster
had uot occurred, The accruing revenue, ex-
'Iusiye Ct The balance in the Treasury on
he fissl Of December, 1915, and the taxes
hen outstanding, would have been nearly
quail TO the demands upon the Treasury,
Turing the last fiscal year.
From The Canal Commissioner Report
t appeas. that The receipts from Canal and
Railroad tolls, ard charges for motive pow
Ar, wers--
For the year ls43 $l,0l7,s4l ~
For the year 1914 l,l67.G 40
For .he year ls45 l,l96.979 4S
For the year ls46 1895, ,494 7OI
Showing gradual and steady increase, dur.
tny the above period. Even las. year, not.
|wiIhStandng the delay in opening the navi.
CATION, they exceeded those of l645, by thel
'um Of $9s,5l5 80. There is good reason
Therefore, 10 believe, ,ha. If he public works
shall continue 10 be conducted with the
same degree of skill, industry and integrity /
with which they have been managed for
some years pas! The receipts from them will
CONTINUE TO increa7e until the business uponl
them reaches their full capacity.
Some apprehensions have been expressed
that The construction OF the prea, Central
Railroad, between Philadelphia and Pits |
burg, may be the means of diminishing he
Income (roT the Improvements of The Stale
In this do not concur; on the contrary, 1T
enjerlain the opinion that The increased /
commerce, which it will invite between our
greal Eastern anC Wesorn emporiums, and
Tho regions which conneG, with them will
not only add 10 The revenues Of The Coum-I
bia railway but will greatly increase the
IprOdneIivenss Of all our public works. Such
| believe has been the experience Of New
York; and such doub, no, will in very
few years oe that Of our own Common.
wealth.
| | transmit herewith q statement showing i
the actual receipts and expenditures for the
last fiscal year made with muGh care nponl
full consultation with the other officers OF
the government, From this estimate i, ap-
pears that The receipts of the year will ex-
ceed the expenditures by the sum of SlY4, 4
44l II.
The balance in The Treasury on The lu
inslan. was only S43s $50 80. II is there
fore altogether probable that il may become
necessary 10 make some arrangement. to an
llcipAIe small portion of the revenue of
the year TO meet the interest which will hlIt
due on thu lst Of February next recon-,
mend that some legal provision be prompts :
| ly made for this purpose. This will not
affect the financial calculations and estima- {
Ted resuts Of the year. | feel entire cons
fdence that taking into view The operations G
Of The whole year The results will suslair'