Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1859-01-22

Blind Asylum, II, $50 T9
Deaf and Dumb Asylum, 10000 90
State Prison, $4,000 90
Capitol enlargement, appropriation
to SUPPLEMENTARY 1920 90
State Agricultural Society, 5000 90
County Societies, 1000 90
State Historical Society, 1000 90
Se2, $50 70
Making a total ef special and per-
manent appropriations Of $780, 303 80
| Add interest ON State loan, 5000 90
$780, 3O3 80
In addition to the above items there
have been paid at least $4,000 Of ap-
preparations made, or properly chargea-
ble to years previous to 1858, making
total amount of $248, ,3O3.3O to be de-
Quoted from the amount above given
as the disbursements Of 1853, which
would leave as the actual and legiti-
mate expenses OF carrying on the State
Government the very moderate sum of
$l90, 0,949.86.
The estimate income Of the General
Fund from all sources for the year
1859, including arrearages due the
State, and excluding the deficiency in
| the account Of Treasurer Jensen, is
| $632, ,l56.55
The Secretary Of States report for
| October lst, 1853, estimates the exDcn-
ses to be paid from the Treasury, in.
Guiding appropriations to benevolent
institutions, arrearages due individuals,
and all other expenses, st $448, 1899
as before stated. From this amount
deduct paid since October 1st, as ap-
pears from the statement Of the Treas
urer, about 3i2 900, leaves tho sum Of
$405,745. 90. Should the expenses
reach the estimate Of the Secretary of
State, and the estimated revenues be
realized, there would remain at the
close of the year 1859, after paying all
demands upon the Treasury Of the
State, the sum Of 9193, ,255.
I insisted to the last Legislature, that
the debts due from the State should be
provided for and paid. With this view,
satisfied that nothing could be seasona-
bly,, if at all, realized from Janssan's
debts, provision was made for levying
State tax Of three hundred and fifty
thousand dollars Added to this sum
was the amount Of arrearages from sew
eral counties to be collected from those
counties, and the sum Of two-ffths mill
on the dollar authorized by law under
the acts Of 1853 and 1855, to pay in
terest on State loan, sc. The interest
on these two loans had not been pro-
yided for especially, by the different
Legislatures, nor apportioned by the
Secretary Of State among the several
counties, as required by the acts au-
thorizing the loans, SO that the interest
had been paid out Of the general tax,
and in the aggregate, running through
several years, over $4,000 had been
so paid. When the last spportlonment
was made, the two-tifths of mill upon
the eQualzed assessed valuation was
levied as the law demands. The sum
to be realized, if the taxes are prompt
ly paid, will be much greater than was
necessary for the purpose intended by
the Legislature, when the law author
lzed the assessment, and much greater
than was expected, because it could not
have anticipated, that under the oper-
alton Of the new assessment law, the
equalized, assessed valuation of prop
erty in the State, would have been in
creased in a single year, over one hun
3red millions of dollars, as the results
have shown. The policy pursued,
however, will entirely relieve the State
from debt, and leave large surplus in
the treasury to meet current expenses
as they accrue.
A comparative statement of amounts
audited and chargeable to the several
funds Of the State which have passed
under the scrutiny and supervision of
of the Controller, during the months of
June, July, August, September, Octob-
er, November and December, of the
years 1857 and 1853, shows a differ
ence in favor Of 1853 of s46,962.79-
To relieve the State of the difficulties,
embarassments, and financial confusion
of the last few years, has been the earn
est effort Of the present State officers.
rnGnestionable, that the ex-
- - Hpr Hhomy, after ma
e!oieo u proper ee~-- IL State
king appropriations for legitirna,.
purposes, and for the support Of orr
charitable and penal institutions will
not necessarily require inc lew of a
9'ate : tax Tor the next year, by this
Legislature, of over 5000, 900.
BANKS AND BANKING
The amendments made to the b.o,,
ing laws at the last session of the Toa
iSl"'ure, were approved by the non1,1ar
vote at the last election, The RanI, arI,
Comptroller has fled an add;t;nnn1