New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-02-03
SECOND BOARD



OF illinois are from the Auditors report
There have been sold for State indebtedness from the
first dsy Of April 1874 TO the fret day Of Dec sn0er
1876 Of the state lands purchased BY the Board OF Com
mssoners and selected by agents spponteo " We "os
ernor a. follows l55239O9 acres, valued seol5ol y
of the lands chagrei the Alton and sheibyviie rs
road s4776 acres have no. been valued also various
town lots ard fractional tracts OF land.
Warrants outstanding the lst day OF Dec and me
warrants issued 10 The 10Th Of March 1876 s2f9s ~
Warrants received and Cancelled from the
lst Of Dec. 1874, 70 the Goth ofMsrch, l-i' - 49,
amounted TO-. 1870 -
Outstanding Goth Of March. 1896, ..... s339ei %
Warrants issued Qncluding $4,000 interest
l .fo Of Dec isIs ...'........... s55is "a
Totsl.. .sl7-753 70
Received and cancelled during same time. 46l37 .
Outstanding and unredeemed on the Let Of ..-..
Dec leic s5-Ot1 OI
$4,000 90
Revenue due Tor the year l5i5, and prior not
yet collected about. siOVVO W
after deductiDg for loss, &c. ssy...... 10000 90
Amount Of three per cent fund. including the
amount now in the treasury for the years
1876 and ~, say..-....-.-------- 4SOV0 W
Thus II will be seen that the net revenue 10
he collected during the next two years.
after deductng the amount OF Auditors
warrants and school certificates now out
standing will be about.......-.-........ $4,000 %
II we estimate the expenditures for the year,
l547 and A. at the amount that has
been in l335 and 46, there will be sur
plus In the treasury on the nrst oil Decem
Der, lefs, >o554l %
From the Treasurers Report we extract the follow
ing paragraphs:
The liabilities OF the State for the next two years,
comprising warrants and School Commissioners or
ders outstanding expenses Of the next two years
including the accrung interest on School College and
Seminary fund 70 be paid 10 the Counties will not ex
coed the sum OF s365O00, basing the estimate upon
the expenditures OF the two past years.
ITO meet this estimated expenditure there are OF ar
rearsges due from Collectors for ls45 and previous
yearsof revenue for ls46 and ls47 (siter deductng
expenses Of collection the funds in the Treasu
~ and the TO be received from the United States
Government account OF the three per cent fund sui
si2s 0OOihus exhibiting clear balance In favor Of the
Treasury Of $4,000. II is therefore evident tina,
should collectors be prompt in making their settlements
the Treasury there cannot fail 10 be funds IN hand
when the for si6s due 70 pay ell the demands
payable at this Department
There has been paid into the Treasury on account
of the interest fund devoted by law to the partial pay
Of interest the State debt ahe sum Of s620l2
80; Of which the OF $4,000 has been drawn out
by the Governor TO be applied TO the object eontem
plated leaving balance in the Treasury to the credit
Of that fund of sl2 80.
The improvement which has taken place In the
credit and financial condition Of the State for the psst
years is subject for sincere congrAtuaton. snd
affords abundant evidence only Of the increasingly
prosperous position of the State itself but that the same
blessings diiused among all its people With such
enccursgements may hope for the speedy arrival Of
the time when the State viii be freed from Der embsr
easements. and her citizens from those misfortunes
which are always consequent upon dersnsement OF
nfhlir afiaira