Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1850-01-05
2o9,627 90
Balance.

Ra,anc. s.. 9,627 90
The above balance ha. been destroyed, or
has failed'to reach The Treasury during the
year-These notes, the redemption OF which |
being amply secured and afiording safe and |
convenient local currency, have the cont-
dence and favor Of The citizens. II is there
fore recommended that authority be given
10 the proper officers, 10 keep them in good
CONDITION, by new issue, in lien Of such as
NAV become mu,ila,ed aud defaced.
The amount of the funded and unfunded
debt due and denandahle at the Treasury
during the year is 80, ,l1o 10.
For this he advises new loans and the ex-
tension Of the time of payment and the ex-
emption Of such loaus from taxation.
Ii is estimated that Si3, ,O49 900 Of the pub
lie debt stocks are held in this country.
The receipts for the sinking fund for the
year ending December, 1S49, was 1927 ,629
OF. The estimated receipts for next year
are S37 1000.
With these means for the supply of the
sinking fund. together with such additions as
The probable resources df the Treasury, from
time 10 time may justify, it is susceptible OF
easy calculation, 10 determine how nearly
approaches the period when the Slate taxes
may be repealed, and the bnrthens OF The peo-
PIE TetnUVcu-SO UidUIlestlS uiC
these results upon the industrial pursuits Of
the citizens, and the interests and honor of
the State, it is suggested for consideration
whether good policy would not require the
transfer of all balances in the Treasury at the
end of each year iothe Commissioners Of the
said Fund.
The subject Of the revision and equaliza-
tion of the laws for raising revenue, is again
earnestly pressed upon the attention of ths
Legislature Great injustice arises under ex-
isting enactmenis, from the want Of adequate
means 10 prevent or TO punish individuals
making false returns of property subject 10
taxation. The conscientious citizen, scrupn-
lously exact in the performance of his obliga-
iions 10 society, may well complain Of laws
which suffer the dishonest 10 elude with i'm
punily the payment Of an equitable share of
the public burihens. The tax OH bonds, mort
cages, and moneys at interest, is assessed so
unequally, that great reason for complaint
exists throughout the State. To remedy 10
some extent this evil, il would be we'll 10 re-
quire the prOihonoiaries of the several coun-
ties, to collect from the plaintiffs in judge
ments the tax thereon assessed. and if neces-
sary, TO compel payment by legal process;
allowing 10 the officer intrnsied with this duty
reasonable compensation, to be paid where
the payment of the tax is made voluntarily,
out Of The fund.- and by the plaintiff when
the payment has been compelled by legal
process. A similar provision with regard TO
mortgages, giving the recorders the authori-
ty before slated in relation 10 judgments,
would embrace these two items of taxation,
and would doubtless compel the payment of
large amount Of revenue, now fraudulen,ly
withheld.
A lax on the commissions of non resident
officers is recommended aud law TO COM
pei insurance companies, &c. TO contribute 10
the state funds.
The Governor thinks Il larger amount Of
net revenue should be yielded from the pub
lie Improvements.
The repairs and the furnishing of motive
power on the railroads he thinks should be
given TO the lowest bidder, as well as the
transportation of passengers, &c.
These changes in the present system,
would, il is believed, largely diminish the
expenses OF the motive power; wonld author
ize reduction in the rate of tolls; produce
an increase OF business upon the road fur
nish with profitable labor many citizens now
refused employment, by reason of The mono
poly held by the Stale over the motive power
on the road prevent the expenditure neces-
sary for the purchase of new locomotives !;
save to The State the immense sacrifices in
the old engines; accommodate The travelling
public by lower rate of fare; and would
advance the public interests by lesseninS the
annual Oullays and increasing The income
from the road more than 100000
Determinations in the tolls on the public
works, against portions OF our citizens, by
means OF system oil drawbacks and maxi
mum rates OF tolls are unjust and improper.
Their labor and property, in common with
others, were incumbered in the construction
of the improvehis; their industry and wealth
have for years assisted aud continue to assist
to sustain them and il is dfiicul, 10 perceive
upon whai principle OF public policy, tariff
OF tolls is maintained, discriminating agains,
their interests. The demands of trade can
pot excuse a palpable wrong Of this charac-
Ter, while reduction of tolls on the whole
line of Improvements would produce an III.
crease OF business and secure the desired
foreign trade.
The practice of contracting debts for re.
pairs aud materials beyond the appropriations
is condemned,
The avoidance of The Schuylkill Inclined
Plane is in rapid progress of constructions
The relaying ore track of the rail road will
heavy rails. and the avoidance of some of The
short curves, is recommended.
The sum OF S500000 well expended vii
avoid four out OF the FIVE planes on the West
ern slope OF the Allegheny. The expenses
oi lhelr maintenance is estimated at SI0O, 900
t The sum OF $4,000 is recommended I,
complete the Western Reservoir. II has beef
suggested that an alteration in the cana
locks, by making them conform TO the shan
Of the bottom of the boats, would not onl,
strengthen them, but would be a saving q
wafer This might be effected, if deeme,
of sufficient Importance, by the insertion d
wooden bottoms, in such manner as 10 pro
dnce the results indicated.
The appropriation of 5000, 900 in addi,io
10 the $780, 900 already given is recommend
ed for the completion of the North Branc
Canal.
The equalization and revision of The revs
nue. aws;-the proposed change in The mar
agement Of the public works, and their earl
improvement and complexion with rigi
,maintenauce OF the sinking fund, and III
consequent reduction of The public deb
would, with the present resources Of th