Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1860-02-13

ings the Of s2O S44 Sc THE gross earnings we're
4l0,l66 S6)-a sufficient to pay tho interest and
sinking fund their loan Of 500 600 and leave the sum
of sl45,S44 Sc TO be applied towards the payment of
SlS0O00 of of interest due the State; and no
doubt 5000 of the could be conveniently applied
to such payment and thus in the fiscal years lS60-6l
the whole Of the of $3.50 900 would be paid into the
treasury. But fearing that some gentlemen might be
found who might doubt the ability Of the company to
pay they imagine that this road will be greatly injured
in its business by the completion Of the Orange and
Alexandria extension to Lynchburg, he would not in
clude this sum in his estimate.
There is ia the treasury to be invested the sum Of
about $l46 000 principal and interest belonging to the
Literary Fund, and bill upon your table, reported by
the Finance Committee to invest it in the stock Of the
State leaving the money in the treasury This bill will
of course pass and will add to the surplus in the treasury
the above sum OF Sl46 900.
Mr. Chapman said the amount due from delinquent
sheris has been growing for several years until il now
amounts TO the sum of SAG 29f Until lately stringent
have not been taken against the shers aud
their ties but within the last year. he had been
informed by the Auditor, judgments had been obtained
against the delinquent shers and their securities for at
least threefourhs of the due say for 1884 500
ali or nearly all of which is solvent and ought not
therefore, all be collected and paid into treasury the
fiscal years ls60-6l? II officers should do half their
duty il surely would but that he might not over-es-
mate, he would say that but one-half OF the amount OF
the judgments would be paid and no part of the Sll2
would he paid Then there would be added to the sur
plus in the Treasury the sum OF SlGT25O.
The charge against the Treasury for the fiscal wears
lSG0Gl exclusive Of those estimated by the Auditor
and the Finance Committee Mr.. e. estimated follows
and which he thought would fully cover all charges viz
For the Trans Aeghany Lunatic Asylum to be divided
between the years lS60-'6l $l00 O01; for the Conn-
gent fund $25 coo expenses incurred account Of the
John Brown raid, Sl25,O0O; interest the $4,000
authorized be borrowed for the dences Of the State
a ,f II 81,
arms saw $35 COO; but small portion of this sum will
be expended in the present fiscal year. aud probably
half in the next that the of S35 000 will certainly
more than cover the interest and per sinking
fund Then he would allow for additional appropriations
by the present Legislature other than those for internal
Improvements, $4,000; and for the delinquency Of
Sheriffs the sum of S75, ,OO0 which is a sum greater
than the average deficiency for the last eight yeasand
then we have the following result
RECAPuCLATIOS.
The amount of surplus in Treasury rs estimated by the
Committee of Finance, upon Auditors
bases, 1851 ,5S3 50
Add amount of interest in arrear from the
Virginia and Tennessee Railroad Com
pany, POS, ,62e O3
Five per ceutum dividend from Central
Railroad instead of AZ 1854 90
Amount invested in bonds Of State by
Literary Fund, $4,000 90
Amount received from sherias and securi.
ties Oh judgments l67,2OO 90
Total, 81 l,576,2S9 So
CHARGES.
70 amount for Trans-Alleghany Lunatic
Asylum, 100000
For Contingent Fund 25O00
Interest ou 100000 for defen-