Spirit of the age. [volume] (Raleigh, N.C.) 1849-1865, 1854-12-20
Treasurer's Report.

urer Courts, recently submitted to the Leg
~islature, that the receipts into the Treasury
ofNorth Carolina, for the two last fiscal years
that is, from the 31st October, 1852, to the
LIST November, 1854, were, for 1853, S1,760,-
l27 p, and for 1854, $l,22l, 1873 89-making
for the two years the sum of S2,98l, 466 81.
This includes over one million and a half
dollars for State bonds sold, and also large
sums borrowed from Banks under authority
of the General Assembly.
The disbursements for 1858 amounted to
Sl,564, 474 81, and for 1854 to 81, COS, 400 81
making So, 169, 1884 SO. Add to the above
amount Of receipts, 50, 981, 466 81, the sum
of 1885, 1856 As, the balance in hand Novem-
Der lst, 1852, and the balance ofexpenditures
or disbursements over receipts will appear,
$l52, 131 81. This balance is due the Liter
airy Fund by the State Treasury.
The Treasurer estimates the receipts into
the Public Treasury for 1855 at $685., 643 IL,
and for 1856 at S251,643 1l-making $685.
286 II for the two years and he estimates
the disbursements for 1855 at 1881, 276 70,
and for 1856 at $283,376 72-making $780,
653 "A.
The debt of the State, for the better un-
Outstanding Of which, reference may be had
to the list of estimated disbursements, may
be set down now at S2,928,663 so.
This debt has undergone some changes
since the close of the last fiscal year, on the
3lst Of October last, by the payment Of the
debt Of $40, 1000 to the Bank Of the Republic,
and the creation of one of $4,000 with Rob
ert L. Maitland & Co., of New York And
also by the delivery of State Bonds sold on
the Goth October last.
l have not included the $3.50, 900 Of the
Bonds ofthe Wilmington and Raleigh Railroad
Company, endorsed by the State, because of
tho prop,pfpoO with ,1,bioh fho Hon,napu roootc
this interest, besides paying off a portion of its
debt, from time to time.
This debt will be increased soon to S., 409,-
663 so, nv the sale Of Sill 900 Bonds, to be
sold under the Act, for the benefit of the Wei
don and CASTOR Railroad, and the Neuse and
Tar Rivers, and of 1910, 900 Bonds for the
North Carolina Railroad.
The Treasurer remarks
CATER 1856, the present sources ofrevenue
will certainly be insufficient to supply the
wants of the Treasury. Whether the n. G..
Railroad will be completed time enough, and
if completed, will be able to declare sufficient
profits to supply this deficiency, the Legisla-
ture will be better enabled to iuge, when a
report shall be presented from those having
charge of that Road.
Should this be deemed doubtful, I respect
fully recommend that provision be made
for an adequate increase of the revenue for,
as l remarked in my last report, it is impor-
tant that the public, and especially those who
deal in State securities, should see a deter
mination, on the part of the Legislature, to
provide revenue for the payment of interests
and not to borrow money from year to year,
to do so, which is the mere exchange of one
creditor for another"
New YORK, Dec. 13.-The steamer Pacific
with Liverpool dates to the goth ultimo ar.
rived here this morning.
Nothing decisive had been received from
the seat of war. In England matters are al
a crisis. Since the battle of Inkerman, OF
the5th November, when the Allies lost foul
and the Russians ten thousand men, neither
had been in q condition to resume hostilities
The latest dispatches from Constantinopl'
to the Goth state that a very disastrous storm
had occurred in the Black Sea, in which 3:
English ships transports were lost. On tn,
18th the Prince and Sea Nymph foundereC
with all on board. Three mail steamers haC
strandednear Sa~vaspareil. They were drivel
ashore on FIRE. The BRITANNIA has five fee
of water in her hold. The Agamunnon wa
stranded but got af1oat again, with her me-
chinery much damaged. The Retributiol
was saved by throwing her guns overheard
The Terrible escaped uninjured. Henry tn
Fourth and Pluto were lost.
LIVERPOOL, Nov. 29th.-Cotton-Sales {
the week ending the 28th $4,000 bales at
decline of one eighth. Holders were press
!, ing on the market. Orleans middling, 5 16
fair Mobile and uplands 81; middling S.
Trade at Manchester declining.-Breadstuf
declined early in the week, but holders 500
I ~regained their former position. Wester
n Canal Flour AS a 49,. Cd; Philadelphia an
Baltimore 43s. a AS; Ohio AS. Corn-Ye
low and White Abs. cd. a AS. White Whe'
lis. Sd. to Us Sd; Red los. Sd. a lis. Sd.
u The Russian losses in the battle of the 81
> at Inkermann is confirmed, and said to ha'
been Is, 900 killed and wounded. The Alli
) buried 5000 Russians, that were left des
8 on the field of battle.-The Moniteur affirm
that there were 10000 Russians engaged
n this affair.
s. Supplies and reinforcements were con
family arriving, in despite of the storm
weather.
PHILADELPHIA, Dec. Il.
10 A most destructive fire occurred here la
lie night. Cornelias' five story Lamp and G
Fixture Factory, together with a number
'r dwellings, were entirely consumed. L
g Factory was situated at the corner of Cher
y. and Eighth streets, and with its stock W
H. valued at 5000, 000.
to By this disaster four hundred workm
n have been turned out of employment, a
1e fifty families rendered houseless.
is Disastrous FIRE IN CoLUMBIA.-A dis
trous fire occurred in Columbia, S., c.,
e. Thursday morning last, by which property
~ the amount of 100000 was destroyed;
rs which only about $50, 900 was covered by in
to rance. The fire originated in a grocery sto
es Immediately north of Hunts Hotel, and v
* the work of an incendiary. An entire biz
te. was destroyed, with the exception of one
re two small buildings. The Office of the So
ed Carolinian, with all Its materials, presses, &
bv was consumed loss estimated at about 81
OOO-no insurance. The extensive CARR
factory Of Mr.. j. S. Boatwright was entir
destroyed. Stock estimated at $4,000
~ sured for $4,000. The Columbia Times s
oaI this is one of the most disastrous fires that
III ever scourged that city.
"THE government of Harvard College
Hr said to be completely non-plussed by a
cent bequest of SIS, 900, left by Miss Caro-
the Plummer, lately deceased, at Salem, Ma
not for the endowment of a new professorshir
the Philosophy of the Heart" 1t is
they do not know whether it is to be an
~tonical, a physiological or a sentime
en- chair. As, however, the founder of the CT
in. was a lady-and a single lady-it it
posed that it was the sentimental and
the carnal heart she intended"
the -