The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-01-05


The amounts due rom the broken banks remain IS
they were last year. Nothing has been realised frsn
them and cannot learn that thing win b. NOR from
matters are in the hands Of the Attorney General.
portion, not ALL Of the bank fund stock, which bears
an exchange for STATE stock barring eve per cent
est which the Comptroller holds In trust for the school
TS; nut dS M mn.0I - ,h =. -
the ,mpletion fund.-
since tbs close Of the nseal year the P.tca Bank Of
the T asurer deposit Of toll. during the last BY
the collectors At Buffalo, Black Rock and ronawanaa Of
about $50 600 There 10 reason to believe that the
cury for i payment may save the State from ultimate
Il win b. rem. INBRED that in the annual report Of lat
drafts drawn 81 the Canal on the Auditor,
Ss s 3 e
cs.ssd to pay their dra 10 account Of the Erie canal
enlargement the Gensms vany ana Black River canal,
In the meanwhile they continued the prosecution Of
work and the drawing Of ersfs which the Auditor Goa
atty compelled to suspend their but not till
The Pro,sstd drafts had reached the sum Of about
70 on this
outstanding Ddsbtsdusss large portion Of which baa
bsen under protest for more than the last Lsgis.
psssed act, chap 61 entitled An act to provis
means pay state d.bts and to support the govern.
&c The act increased the then present quarter
to half mill for the year 1854 equal to increase
Of three quart Of mill for ons year. and provites hat
81 supdssd t".at1 ~ 'ns ao or 90
much a. may DO nscsssary, shall BE- paid over to the
Fund to be applied solely to tn: purposes spscdsd
IN the fourth section of the act entitled An oct sppro
Yi.rg moneys to the payment Of canal debts and
other purposes being chap &C., ofIss Section ave Of
the ac' makes the following appropriations
For drafts Auditor in Of Minor King. for drsdas
AvEs i Canal Boar. liss. ana Tsi:y,s:;. $3.50 81
for vorA discontinued Oswegs Canal. 1900. Is 70
+: :: s;!::;s - =
For .ori old contracts mad: prior 70 DsosnSsr, !
issS o.. 1890 %
Total. .......... ................. ssal ~ n
For the purpose Of the immediate payment Of this To-
debtsdness the act chapter oSl provides that th sac
longing 70 the Canal Dsbt snliog Fund upon the =
curi,y Of hs tax Of 1853 and that the ADVANCE shall
e: :. viii s. Il
treasury before the Let july 1854 when $500 900 Of the
Thi, snangsmsnt vSils il has enabled the State in
sntcPation Of the collection Of the relieve itself
Of the continued dsoredit Of thsn $500 600 Of
missionsTs on the Auditor, when there were
appropriated to pay them, at the same time Furnishes
s. sna o
the advance ct the rate Of ak per cent per AnAum vhs
tn: deposit in . sao pay; only four ,ns q. cent
appropriated moneys In the treasury and the mated
remainder Of the revenues for the FISCAL year. - follows
viz
Balance OF proceeds Of canal revenue eertiacates
Iosn for Us I'VE, canal msds ia issi 5000 20
Estn ated remainder for 1855 . 10000 %
Total. ...................... $4,000 %
The moneys hus plaosd In the canal fund appro
yriAted ~ the act 70 sundry specific purposes
stated below In consequences. however, Of the rsmsia
der Of the for the being only 100 So
instead Of $3.50 oo0 estimated above the ap
propssioDs for the purpose were necessarily di@nishsd
pro rata