Glasgow weekly times. (Glasgow, Mo.) 1848-1861, 1855-01-04

TIE amount of revenue received in the
Treasury in 1858, is $378,792 Sc
Amount received in 1864, is 427,972 81 |
The total amount received for
the two years ending lstOc-
tober, 1854, is $S08,665 00l
The amt expended in 1858, is 380,53l AL
The amt expended in 1864, is 249,G52 32I
The total amount expended for
the two years ending lst Oc-
tober, 1854, is 1925, 483 IA
The estimated receipts of revenue from
all sources, for the two fiscal years, begin
ming on the LIST October, 1854, and ending
on the 1st October, 1856, are 81 OBJ 900.
Deduct estimate of ordinary expenses for
same period, 100000; deduct also one
fourth of one per cent set apart for school
purposes, $257,750; and also deduct such
extraordinary appropriations as may be
made by the present General Assembly,
which will, perhaps, not exceed $4,000,
and there will then be left remaining in the
Treasury, of surplus revenue, on the first
of October, 1856, $l98, 250; to which amt
add unappropriated revenue remaining in
the Treasury on the first October, 1854,
$234,889 %, and it will leave surplus
revenue remaining in the State Treasury on
the lst October, 1856, Of $433, l39 SO.
1t is believed that the estimate of the ex-
pendtures for the years 1866 and 1856 will
exceed the true amount rather than fall short
Of it, as liberal allowance has been made
for the increased expenditure consequent
upon the present revision session Of the
General Assembly.
The expenditures of 1858 and 1854 in
clude the following special appropriations,
which have been nearly or quite exhausted:
An act for the support of the LIZ
matte Asylum, $4,000 co
An act for the enlargement of Lu-
matte Asylum, 10000 90
An act for management Of PEN
itentiory, $4,000 90
Asylum, 36,4o0 90
St. Louis, 10000 90
of the State, 10000 90
An act of 1851, for reclamation
of Swamp Lands, 28,5oo 90
The total expenditure for above
specified purposes, $l97, 200 %
The revenues collected under the present
system Of taxation, are more than sufficient
to meet the current expenses of the Gov
eminent, and they are likely to be enhanced
by the increase Of our population, the sales
Of the public lands, the Improvement Of our
roads, and the enlargement of our CONNER
cial facilities. The late act of Congress,
graduating the prices of public lands &C.
oording to the periods they have been pro-
claimed for sale, has already occasioned the
sale Of large quantity Of the public lands
which will henceforth be yielding revenue
to the State. Yet, after deliberate rehec-
sion l cannot recommend reduction il
taxes. The State has outstanding debts
bearing interest, and redeemable at the
pleasure of the State; and our railroads will
require additional aid: it therefore seems
more judicious to me to apply the surplus
revenue to the liquidation Of those debts
than to multiply them.
There are, however, defects in the meth,
cd of assessing and collecting the revenues
which should be amended The compen.
sation of assessors does not depend upor
the quantity or value of the lands assessed
but upon the number of Taxpayers; ant
their chief guide, in the performance o.
their duties, is the Textbook Of the previou,
year. The change of ownership occasion.
the assessment OF the same property twice
or thrice for the same year. Tie collector
is charged with the whole amount of taxes
assessed, from which it often happens, aftel
the real owner has paid the taxes, that thu
lands are sold in the name of a former one
In addition to these evils, productive of S,
much needless expense and annoyance to tht
people, real estate is frequently assessed
not according to its actual value, but accord
ing to the caprice or interest of the owner
In some instances, whole counties are as
sessed at a very low rate, and in others q
very high one. The defect in the metho
Of assessing might be partially rectifed b,
providing that it shall be the duty Of tn
Clerks of the County Courts to keep a bool
in which all the lands shall be numerical
listed as they were patented, beginning wit
the lowest number of township range an
section, and progressing to the highest
Spanish grants and New Madrid location
could be listed in similar manner Tow
lots could be listed us they are numbered
A copy of this book, furnished the assesso,
would enable him TO avoid the assessmer
OF the same property more than once, an
to assure himself that all the lands hav
been assessed. do not think any speciii
recommendation necessary, on my part, rel
alive to the method of valuation ANY on
of several remedies would be electuaf, an
submit the subject to your careful consid
Grafton.
In conformity to the act, approved at tn
last General Assembly, "to provide mean
to pay the State bonds falling due in the yea
1853" appointed Wayman Grow, of S
Louis, as the agent of the State, to dispos
Of said bonds. The amount which becam
due during the year was $255,OOO. can,
ed $4,000 of this amount to be paid ont {
the public treasury, as was authorized {