Port Tobacco times, and Charles County advertiser. (Port Tobacco, Md.) 1845-1898, 1853-01-13

Of $4,000, under the most favorable con-
sIruc.ion of the returns while there has
been on increase in the returns Of similar
officers from the counties Of $l5,O43 SO.
The condition and prospects of The seve-
raj Internal Improvement Companies Of the
State are next introduced, and from this por-
ton of the message we gain highly favor
able view Of the Baltimore and Ohio Rail-
road, which is referred to as the source Of
lncalcuIabIe prosperity to the Slate.
The ms(ortunes which have befallen the
Chesapeake and Ohio Canal during the year
are adver,ed to; while i, appears that but
for these accidents the receipts would have
been 100 per cent. greater than they were.
The same causes will affec, the revenue 10
some ex'en. this year, bu. if n,,,bing should
happen 10 interrupt the raviga,ion, the re-
ceip's are expected TO- amount to $25O,OOO.
The receipts Of the Susquebanna and Tide
Water Canal Companies are abou. the same
as they Wee the preceding year. They
nave ,,ald the State the current interest for
Tie year ust closed, and there is no reason
10 doubt tina, it will continue in future TO be
promptly met.
The Baltimore and Susquehanns Railroad
Company has paid the SUN Of 100000 dur
ing the pas, fiscal year, and since its close
the further sum Of $4,000. The confden,
hope is expressed by the Presiden, that here
after it will be able fully to NEE. its engage
men,s to the Safe. The road has been great
Iy improved during the year.
The condition Of the State Treasury is
the succeeding topic Of remark, and j. is of
the mos, gratifying character. We make the
following extrac, from the Message:
"The Annual Report Of the Treasury De-
par,ment, for the fiscal year which ,ermina-
ted on The 30lh day Of November last, will
show that The finances OF the State still con-
time to be in highly prosperous condition.
~ deemed it proper, at your last session,
as prelude TO the policy which then sug-
gesled, to review briefly The operations of
The Treasury, for the ten preceding years,
in order that you nigh, have the necessary
data before you, by which to judge Of The
correctness Of my opinions. The results
Of the year just closed, ] think, fully con-
firm the positions which :,hen assumed.-
Nothing more will be now required, in This
respect, than Simply to lay before you The
general exhibits Of the las. fiscal year.
"The whole amount in the Treasury, dur
ing the last fiscal year, exclusive Of the sum
of Sl99,442,62, received for and credited
to the use Of The several Funds,) was g.
53O.9ll the expenditures were $780,
45S,72;-and the balance in the Treasury,
at the close Of the year, was $170,452 20.
During the same period, thirty thousand
dollars Of the ms,ured Public Deb, were
paid and $343,OSS AZ were applied in
pursuance of the provisions Of the General
Appropriation Ac. Of the las, session, to the
augmentation of the Sinking Fund. If, there
fore, you take the last two sums from the
accoun, Of expenditures, and add them to
you will find that the actual surplus reye-
nues of the year amounted to the sum of
S543,54O 70, after disbursing the sum of
$677,456 30 in payment of the curren, in
teres, on the Public Debt, and the further
sum of S3O9,9l4, for all other purposes.
"From the exhibits Of previous years, given
in my las. Annual Message, and those Of
the last year, above stated, l think that it
would be safe, upon the basis of the Direct
Tax, as it now stands, the existing Indirec.
Revenue Law, and the average Of receipts
from the Internal improvement, COMPANIES.
to estimate the permanent annual revenue
Of the State, hereafter, a, no, less than fifteen
hundred thousand dollars. There is due
from Collectors Of the Direc. Tax, as of
December Isl, 1852, the aggregate amour,
Of $635,l3l AZ; of which, The sum of
$367,455 81, accrued in years anterior to
1852. The arrearages of the Direct Tax
are not to be overlooked, in general es,i-
mate Of The future resources Of the Sta,e.-
1t may be well, slso, in this connection, 10
rsmind you that, after the January session,
1854, the Biennial System will commence;
which will save to the Treasury, in every
Two years thereafter, not less than slx,y
thousand dollars, on account Of expenses
Of the General Assembly; besides the Incl
dental expenditures which usually attend
he legislation Of each session. On the frs,
If December 1851, the Sinking Fund a.
mounted to $2,253,796 81. On the first of
December last, it amounted $2,728075 al
IS matter Of account. From which il will
'e seen that, the Sinking Fund was increas-
ID, in the last year, by the sum Of S472,-
rs "a; Of which, $l3l, 100 80 accrued
rom its own interest. An additional sum
If $42,227 A will, however, be shortly
'aid to its use, upon account Of redemption
# Stock called in; which will swell the ag-
,regate to $2,770,302 IS.
"Such, gentlemen, are the highly crafty
ng results of'he fiscal operations Of the ear
ust closed.
81 was anxious to obtain, if possible, the
eturns Of the Assessors of the Direct Tax.
n order that nigh. presen. to you COM
,lete statement of the future financial re.
sources of the Stale. accordingly address,
ID a circular letter 10 the Clerks of The Cir
nit Courts for The several Counties, and to
he Judges Of the Appeal Tax Court Of Bal
more City, requesting them to furnish me
uch information as they could obtain. ]