The Lambertville press. [volume] (Lambertville, N.J.) 1858-1???, 1859-01-20
$165,455.00
13,o46.OS

To the above estimate the tax Capital of New Jersey
Railroad due first January 1885, is included the
having been paid for the last years the 31s of De-
cember.
The Governor here in speaking of the method of paying
advance says the Treasurer may be ustfabe in
receiving the in advance from such companies as
the ability and disposition to furnish them it does not
without explanation correct idea OF the true con-
dton of the treasury but to make our liabilities
seem less than they reality The current of
each year ought be used deay its current
The four hundred shares of stock of the Joint Companies
valued $40 000-whch the preceding Legislature or
disposed Of have been transferred by the Treas
those Companies and thus have been cancelled the
advance equal to that made by them to the State and
our indebtedness stated last year. thereby reduced to
that extent.
Our present liabilities may be set down follows. to
wit -
Standing debt $e5 900 SIS
Unpaid appropriation for Normal School, s5s) 10000
Unpaid appropriation for Lunatic Asylum,
Qs57D 100000
Balance due schools, 2l,52l00
webster's Dictionary and Lippincotts Gazetteer,
fsstimatedA 100000
Total. s132, IS
This shows the apparent indebtedness but get full
mont add thereto tho anticipated receipt already shown
That amount belongs the income of future year, and
the appropriation thereof the expenses of the last
but pushes off upon the future deficiency which in truth
and fact, belongs to the present.
It is fair suppose that the ordinary and extraordinary
disbursements for the present year will be fully equal to
those the last If this be true will reach
at least two hundred and two thousand dollars The Treas
urer estimates the receipts for 1885, with his present de-
post in Bank at about hundred and seventyeight
thousand dollars Even this calculation will show proba
BILE deficiency the end Of this year. of twentfour thou
sand dollars But it will be observed that the Treasurer
in his estimated receipts for 1885, states that the tax upon
the capital stock of the New Jersey Railroad for the year
1860 is included therein.
Now it is very clear that if this company shall fail to pay
their tax the time antcipated-and this is purely vol
untary matter with themthe deficiency for the current
year must be increased by that amount which may be
down at ooo which added to the $24 oo0 would make
up the sum Of $42O 0o
Our State indebtedness attracts the universal attention
of the people of New Jersey and great socude is mani
tested the policy which will be pursued by the Leg
ature in providing for its extinction Year after year have
expenditures exceeded the receipts into the treasury
and knowledge of this fact has excited we'll grounded
apprehension in the public mind that may eventually
become much involved that it will be easy task
eve our embarrassment The trainers of our Constitution
wisely determined that the State debt should exceed
tho of hundred thousand dollars without the le
gay expressed appreciation eff the people, yet in papabe
contravenon of this organic law find indebtedness
to be greater than that amount
He here says in reference curailng the expenses of
the State that if the Taxed Costs paid for the prosecu
ton of prisoners and the paid to the Lunatic Asylum
for the support Of patients could be assessed to the
ties for whose benefit they incurred it would be much
better He be believes there would be saved TO the
treasury each not less than $50 OO0 if all official
paid by stated yet LIBERAL salaries He recon-
mends the establishing of workshops in connection
with State Prison. and the aboshing of the system of
solitary confinement
The following summary of the business of the Prison is
presented to me by the Keeper
Profits, $A,6l3.1
Costs. 1357s.63
Gain. 1034.5S
Liabilities, $s,24s.1s
PUBLIC SCHOOLS.
While rejoice the possession Of institutions Tor the
higher branches of learning which are Justly celebrated
both at homo and abroad it certain that as regards ia
ces for common school education have been hereto
fore far behind some of sister States at the North 1t
is nv ardent hope that this shall not continue but that
the contrary the future may find New Jersey among the
most liberal patrons of public schools
On the subject of the use of the Bible in our Public
Schools he SAYS the question of excluding the Bible from
the public schools of late excited much angry discus
sion in neighborng State and has, to some extent
agitated Evil indeed will be the day for