The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-01-15

Totsl.... $1,000, - -
It appears then that three millions Of dollars o0o
C0O) Of the public debt payable in 1870 and ten
millions three hundred and thirty three Thousand
hundred fortyfour dollars AMI ffythree cents (fl0S3
s44 5 payable in the years 1885, 1889, and 1890
whilst less than two millions will have matured by the
year 1862 OF the sle5e724 H. debt OF $4,000 (son-
tracted for the Penitentary) fell due in 1872 The entire
residue Il that amount became and will become due at
different periods between the years lsse aud 1885,
cepting $4,000 rdeemab at pleasure The bonds due
at state srod cannot BE- called in at the pleasure o.
the state
tn. naar ia the Treasury the first dsy OF Deem.
ber 49,, s25os57 p; Of which, sl.losO 10 were
applicable 10 future ,emands. During the fiscal year
1851, sos ~ SO paid interes. on the public
debt; S1e3,7l2 50 in final iquidaton OF the funded
arrears; sllsn1 "A TO the purchase Of Eve per cent
Sterling bonds Of the State from the Baltimore and Ohio
Railroad Company for the Of he sinking funds and
$2957l6 co. for all other purposes. II we add to the
clear balance above stated the amounts seye.sliy
appropriated to the payment Of the funded arrears snd
the augmentation Of the sinking fund, will ind an
aggregate surplus Of s42os5s IS after dschsrg;ng tse
interest due, and all other demands. Omitt;ns tho
amount placed TO the credit OF the sinking fund and
taking only the paid to the ed arresrs together
with the net balance, still find su-pos OF $780,
7is 81.
The aggregate Of clear balances IN tho Treasury for
the last i've years, SlalsC0S15; annual syersse
S263d01 -. Within that period the whole current IN
terest, as it accrued yearly, and nery 100000
Of fl ded and unfunded arrears have been entirely
lQuidated. The Internal improvements Of Maryland
have rapidly improved in prodIctiyeness The various
companies paid into the Treasury OF the State for inte
rest and dividends in 1S47 sIS2353 40 in 1s4s Sl6o.
7s3 I'll in 1910, sz6l,69 II in 1850, $500 80 IL
ls5l S25sOi5 H. The financial operations Of the Trea
sury Department since 1s45 have been OF thu NOS, fave
rsble and satisfactory character the LIST of Dscem.
ber 1916 the report OF the Treasurer exhibited the arst
Tying fact that, in the year then ended S73l 2s9 hal
been paid out, being S7eses SO over and above the
amount Of one years interest the principal debt anu
leaving in the Treasury q surplus OF Sl479I3 a. The
Legislature passed law fixing the first day OF January
lsis as the period for resumption At the cose Of the
fiscal year 1885, the Of nteres: did not exceed
Sl.299o22 80 and the Executive, in his annual mes
rage estimated tie arrearases to be funded 100000
The balance in the treasury, the lst December
lsI was s32ss99 49, (of which the sum OF S22 go 81
applicable to future Semands after S9266G6 had
been paid towards the interest upon the public debt be-
sides S2C77S6 10 discussed upon other accounts Or
the Let Of December lsis there remained surplus of
S3l59i5 So of which the Of S2S0s29 AZ was ap.
picable to future demands after paying S74233l 90
account Of Interest and S2707eI % for other demand
At the close Of the fscal year 1892 there clear
balance Of si.s92 90 after paying S.I5555 e5 for in
eTo,t the public debt 81 funded arrears.
and s7o6.S 40 for other purposes TIE report OF the
Treasurer for the fiscal year 1850, shows surplus OF
s2l1 o25 AZ applicable to future demands after dis
burning $500 SIC 50 to current interest S600C9O 90 for
redemption Of funded arrears, and S276l1s 81 upon
general ac.ount 1t appears frem this hs
the actual surplus and above interest soi
oil ether demands for the year. would have amounted to
S7 81; 81 had it not been for the heavy disbursement
n.ads IN redemption Of the funded arrears.