The Ottawa free trader. [volume] (Ottawa, Ill.) 1843-1916, 1851-12-13
Balance ogains, the treasury

Balance against the treasury. $3,o56 %
Tie committee, q. he last meetin, Of the board.
recommended the addition OF one half mill on
tie dollar above the ratio Of 1850, which. from
TIE most reliable source 90 which the committee
then had access, WAS believed to he amply subj
Gent TO redeem al the outs landing indebtedness of
TIE county and place lis credit at par. But a
more careful examination Of the books Of the
clerks 81 tie clrcuH and county courts, show that
The estimated Indebtedness was much too small
for rany years tie financial credit of the
county mas been much mp tiTed, ran.in. from five
to forty per cent. below par. this has been a
source Of much annoyance and loss TO lie crel
tors and hrs compelled them to protect them
selves 10y Increasing their profits On all articles
furnished the county. as Ncl rs for labor aud
older services performed
The county has at tha same time. been no less
Tie luoSeg, ay beng comp He'd ia the end. to
foot these enlarged bills Annually
The committee compute tlAl the annual loss
ei The county from lts cause, would. ia alye
years, rql4. ..a amount which it would be ne
cassa'y 10 rase by tag 10 cancel b. domes
dc iol- AcI. ia order 10 accomplish an object
Sd L-siraole--..g restoration Of Your county ere
d'' tie committee would recommend tuat they
- authorized 70 s1.ate e l.,u ci three thou
sand "'iafs. Oh less vita any person holding Cogr
Is orders .Jur. ccrI4catlT, wa0gr Do dsp1s-
10 Surrender .sIn 10y C4-C'g Jl,Lr, payable Il
two years '7om tue sgs; day q JON, next and
bearing an interest Of not more ,A.u -.g pr cent.
Per anupm. By withdrawing tia. amount from
circulation, tie treasury viii be ALE 10 mes, aay
demand which may De made upon IT,
The large AMI unexpected balance against tie
treasury has resulted from causes which Ne could
no. iurssee and over va.-h the board 81 .uoeryi-
slrs had 10 control; enc 81 The principal 81 " h,ch
cano: again happen, and the Others may not t.
gain Occur.
In 1850, there was assessed ard collected up
go .he ,eysa! towns in ,he c1ua,v for he s4pport
Of he town poor, tie sum Of S-CsJf5.
This amount ly = decision Of the supreme
court Is to be refunded 10 the towns and assessed
to The county
The vigilance Of your Sheriff and others. in the
pursuit and detection OF fslcns, has crowded your.
jan ana tue result mas oeeu Increased ,i,a. 49, n,
board Of prisoners, Sheriff, and others expen ses
over that uf last year. Extra ilrepars, Expen-
se' VI two extra sessions Of the Circuit Court.
making total Of Extraordinary expenses for the
year 1851 Of S263768.
As'lm nS that 5000 ofthe above exiraordin.-
ry expenditure cannot again occur, and taking in
to consideration the enlargement o. the taxable
basis, by the great amount Of canal lands which
w..' become taxable in lS52, It is more than prob.
al.e iAat, with ;he present ratio Of taxation the
whole domestic may he cancelled 10 1853
IL Will he perceived the above balance against
the Treasury !. found upon he assumption that
the gross revenue will all be collected which will
not be 'he fact, ~ attachments Will probably be
claimed and allowed the Treasurer to the amount
Of ten or twelve hundred dollars, but there will
at the same time be an oqnal amount remaining
ltl '|4flF mil d e .