New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-01-04
AEsTRAcr or THE CONTROLLERS REPORT


ABSTRACT or THE CONTROLLERS REPORT
Tie Annual Report of Controller Wright abounfs II
foures and makes clear and full exhibit OF the finances
of tie State and Of the different Funds, commencing
with The General Fund Afler stating tho condition OF
that Fund. be proceeds to say II VIII ne seen ITO
" the above statement that there was deficiency Of
revenue to meet its payments for the fiscal year en-
inc the Seth September last Of Sti922 80. AZ the
close of tie year ls52 this deficiency was SlS33iJ
showing sn increase for the last year OF the sum
- SEQ 40" The Controller states thst tbs in
ore,Se5 de ency has been occasoned b. the failure q
The Ifeilsture t. keep The appropriations "hn me es1
stss Tins The ima'e OF the Controller tor the year
ding 9oh Sert.mber last was sssl si5 Is while ths
sum actually paid was '''s' S.,;. ~; -
e. The Controller Is up Gus 0oseFFa''oh' o" WIS SUI
iect bv this remark; ,.,-.sv
II remains TO be seen whether The Legislature VIII
limit its appropriations hereafter to the means o'iea tor
Tba cord;,,cp of the General Fund Dsbt Sinking
Fund" created by the Constitution 70 pay the 6ensrai
Fund State Debt. as il existed at the adoption 81 mar
nsuuent Is ne1t given IL appears "a have bee1 de-
cfed faiure The Controller states that at The eXyra-
"tion of seven wears from the adoption Of the Cnsta
t'on. this fund sbovsa deficiency OF seSS o. whleh we
be increased to the Of 81 at the close OF ths
wear 1854 and an annual deficiency hereSlter of s..
"56 30 instead of sufficient to meet she annual
charge Of interest upon H. aud an increasing capital 70
meet The debt itself As !, Calls due
Then follows the estimated expenses of Government Tor
the fiscal year. commencing tho let of Oct Is which
payment of the same. si7sO go Deficiency sls2.s9..
Concerning these figures the Controller says;
The receipts from taxes estimated ut g. sOO0oo are
based uron The valuations Of real and personal estate
made this year.
The yalusiions of the year 1889 are taken from osq
Counties from which returns have vet been made ms
valuation of the wear 1852 was 81 335237 II is C
mated from the returns for this year at 81 e60OoOooo be
ing increase of nearly 900 Otths sum The C
New York furnishes 500 0OOOO showing the growth IN
able wealth of that great metropolis but which 10
obviously very far below its actual increese The tax
of MILL 10 be levied this year VIII produce sl-6ooOs
upon the estimated valuations. The net receipts are esi
mated at 100000 leaving 100000 to meet expenes OF
collection taxes returned by County reasurers and con
tneencics The estimated deficiency for the curren, year
Of el92,292 % must BE- carried 20 the account Of the
Gscsl year commencing Oct ls5i The three fourhs Of
mill tax for hat year win yield ss5oooo upon the est
Sl92co2 "a Is deducted from this amount there will re-
main tie of s751O7 76 OF the ayails Of the three
fourths Of mill tax be applied to the expenses OF
Government for the fiscal year 1854
GENERAL FUND STATE DEBr.
This debt has been reduced during the past fiscal year
by the Of s9iO3s 95 The amount Of State Stock ua
REDEEMED is about s4s5s9 6s o5 Controllers Bonds.
Sl,37409l IS Indian Annu,ies, sle26s g. Total
amount of the General Debt Sept 30 1873 s6sSS6St ~
Amount If the Contingent State Debt s9jl 6li 81 Canal
Debt sl55O 1909 IS. Canal Revenue Certdcstes, under
the law of 1851 s5O0OOO Total debt of the State All
soute and contingent, S.4,ess,'65 &c. 1900.
TIE Controller that there balance OF s74ss
in the treasury the 10th Sept 1883 and follows ths
figures by the balances due from and to the trea'uy
ii nj date
system of internal improve ment continues to yield an
increasing lie is Of opinion that the enlarge
and seems pleased with the id0a that the Constitution st
be amended admit Of their completion lie shows
ou- clearly that without modification Of the hnanciM
provisions Of the Constitution inc Canals would never 90
enlarged for the remainder ot the revenues WIN Wn.n
the work TO be prosecuted have dwinaea upwn 70 ,e
small OF s2co,c69 80. The eausee whleh nave p,s
deed this decrease in the OF the Cana AMI tne
come quent dminution of the "remainter appheaoeW
their enlargement the Controller states are he eon-
petition railroads in the carrying Of freight and the
greatly increased expenses Of superintendence and
repairs"
Tho capital Of this fund on the 5oh sept last was
f23s32j7 %, bcng an increase over the as hsca year
of agse7 a. The capital of the Literature Fund Is stated
al ss69OsO H. and that Of the United States Deposit Funa
at s40li.520 II. .
The Controller has observations upon the subject
OF the State Tax sales which of general interest CLOS
ne with this recommendation; That "a law be passed
declaring that the purchasers at the county sales for the
year 1919 hsll take their deeds subject to the payment
- of the texee Of ls45-6-7-s." ,
The attention of the Legislature is invited to the sub
jeoi of the taxation Of railroads. with the view OF ens
ling uniformity in the principle of assessment as appsd
- to railroads
The publication of the Brodhesd Papers" sus.
pended on the 25th March last by an order ma1e ans
.sered by the Governor Controller and Secretary OF state
The subject n Insurance is treated upon AZ some engt
but no new Legislation proposed hence Il u lar 70 pre-
sumo that the system in operation Notwithstanding WHICH
believe is the conclusion the Controller has arrived al
After some remarks in relation 80 certain taxes upon me
Indian Resery atoms in Erie and Canaraugas COURSES,
notices The operations of our State Prisons ny WHOM
appears they are becoming very serious tax upon INC
treasury The following obs<vations and figures are Oh
interest
These institutions cann sustain them selves und1s exist
ing laws and will coutrw to be charge upon tao treas
uy II affords great pleasure from personal
examination If two Of hose prisons during tho last
mer that saiisliea thew are managed with economy
and fidelity in al thes varied and responsible depart
ments The financial a cultiea Of the psons Whatever
they nay be do notgf % from improvdent improper
cement Ofthe o ers having them in charge but are
the results Of logislali0 a.
Comparative EpenS1N The state Pysga Of ~ State Of ND-
Ksytls ne years la52 and l95a
Expenditure OF sing ng Prison ffo Oct l. lso 70 a
E4pendiurs. Of siasj sing Prison from Oct l. isia to
seq ~ l'''''"@ i<'io "
Increase d aSsH ser Iss2...............S j1ff 81
E52fnSturs O. Aat1 Prison from Oct l. a52 TO Sept 49, :.
Espenstur's 'fAn~ m Pscn nom Oct J. 1884, 20 Sept
- io~' "'
Inere,ssofl1 lover is5a................... ssi5l
iCn ii'on ''0a 10. .. ~
Expenditures of@ nton Prison from Oct l. is52 10 Sept
~, 100 .s' pts'
Increases ,,ss,v.,,s,a s31a 9
The ran s94443 81 has been paid into the treas
uy during past year. account of the auction duties
against - l9s % paid in 1882.
The eFcrf CONGRATULATE the Legislature and the people
upon TIE n proved condition Of the finances OF the State
80 lar funds under the control OF his tne CONTROLLER
depaiuhr Is concerned There is says that oheer IN
the teas ~ applicable 10 the payment Of the public cred
fors ara the Of the government, over 100000.
s close Of the fiscal year 1852 the general fund was
nosur TO the specific funds TO an amount far beyond ID
abhtf TO pay, and without any adequate means from
th2e ether of revenue, 10 discharge Its ab
l1ss n the ensuing year.
~ report, upon the whole, Is interesting document
200 some parts of viii be examined in detail al an early
CANAL AUDITORS REPORT.
he 49, - A. Z.