The Cecil Whig., 1860-01-21
Extracts from the Comptr0ilef's
ReuOrf

Report.
The total receipts into the Treasury during
the fiscal year which ended on the Both of
September 1859, were 81 200 $50 II, which
added to the sun remaining in the Treasury
on the 30th of September, 1858, makes the
aggregate for the year, 81 .642 GG0,7S. OF
the receipts in The fiscal year. 1859, the sum
Of S9Ql .SG9 G6 WAS derived from revenue
which accrued in that year, and sos ,GS3 ii
was received from revenue which accrued in
former years.
a comparison Of the receipts in 1859, with
those Of hc preceding year, shows an increase
over 1858. IN the total receipts, to the amount
Of SlSl 1913 50. and an increase, in favor of
the same year of Sl4583S q on account of
revenue accrued and received.
The di> burS, ,ncnts in the fiscal year, " hich
amounted to 81 100 369 62. being It SIS by the
sum of S7l lS3 Is than the total receipts for
the same llnc This shows the balance in
the Treasury on the 30th of September, 1859.
fIom which it appears to have been S5l3,-
29l l6; but it must be borne in mind that this
balance was subject to certain charges, the
greater part of which became due and were
paid on Tie first day of the current fiscal year.
amounting in the aggregate to S292 ,S54 10
which being deducted leaves nett remainder
of $220.43 43. to be applied to the augmcn-
talion Of the Sinking Fund, and other demands
Of the State.
An estimate of the probable receipts into
the Treasury during the current fiscal year
(cnding on the 30th of September, 1862
which are therein estimated at the sum Of
III l,0S5 900. This estimate is of course based
upon the existing revenue laws.
An estimate of the probable demands upon
tie Treasury in the current fiscal year, which
in the aggregate are set down at 1914 G94.-
This statement includes only the regular
expenses of the State Government; no margin
being allowed for extra or special appropria-
tiouS.
DIRECT TAN.
Upon examination the receipts from the
Direct Tax in the fiscal year were S241 S63 II
beirg an increase of 50 is as compared
with the receipts from the same source in
1858. OF the receipts on this account for
1859, the sum of 500 ,269.3T was derived from
the amount LEVIED in that year. and $l4S,-
593 so accrued in previous years. Of the
amount received into the Treasury from Direct
Tax during the year, Baltimore city paid
SOS 3SG.O3. The assessed value Of the pro-
perty Of the city, as returned to the Comp
1858 amounts to Sl25 S00,472. which is an
increase of $50 244 $50 compared with the
assessment of 1859.
1t was 50 late in the fiscal year before the
assessment was completed that but few pay
mentS were made into the State Treasury in
accordance with the new taxable basis atlor-
dcd by it, consequently the returns from the
city on this account appear very much the
Sn, I,n " 1,,f,
The attention of the Legislature is respect
fully called to the proprety and justice of
providing at its present session for a new
assessment of property in the Counties The
increase shown by the late assessment of the
City OF Baltimore gives satisfactory assurance
of the beneficial result Of such measure for
the State at large.
Since the General Assessment of $50 there
have been extensive accumulations of personal
property, much Of which the tax laws have
f0iled to reach: a large proportion of the same
descr ption has also, during that period chan
ged hands, has been stricken from the tax
books, and from its nature being dfficnlt to
trace. considerable amount has never been
reinstattd: in this way escaping taxation alto
gcthcr to the manifest injustice of the class
Of property which is of a fixed and tangible
character: and thus is contravcned Article Is
Of the Declaration Of Rights that, paupers
excepted, ''every person in the State, or per-
sons holding property therein, ought to con-
tribute his portion Of the public taxes for the
support Of Government according to his actu.
al worth in real or ersonal propcrty.' Time
serves only to increase and aggravate this
grievance.
That the basis Of taxation would be mate
rally nlarged by a new assessment no more
convincing argument, perhaps, could be used
than that adduccd by the simple presentation
of condensed statement of the valuation and
assessment Of property in the several Counties
of the State and The City of Baltimore, made
in obedience to chapter 337 Of 1852:
Aggregate value of Real Estate, Si63.75t Asa