The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1861-01-18

'.o1 I
Railroad Tax % 555. .9G
Insurance Tax 9606l9
Miscellaneous lI.130 s5
Balance from 1859 l6,0lO.47
The aggregate disbursements
from the General Fund for the
calendar year, were $50 $50 60
Leaving bal. in Treas, Jan.
l, 1851, s56,7O5 SO
OF expenditures from this fund, the sum
OF SlG9 S09,23 was for the State Prison,
the various benevolent institutions. pay.
ment Of Interest on State loan, &c l-ay
ing the sum Of S1S9.77I06 as properly
the cost of carrying on the Sac Govern
ment. This sum compares with the Ike
item, as ascertained for the previous year.
as follows:
Expenses Of 1859 $ISS S3c As
Expenses Of 1860 lS977lO5
Ihe careful estimates Of the Secretary
OF State show the probable resources o.
the State applicable to the pavment OF
expenses for the fiscal year ending Octo
Der |, 1861, to amount 10 $4G0,33l ,04
The expenditures for tho
same period Of time, calcu.
lated on sufficiently Iiber-
al scale for all the neressi.
ties Of the Safe Govern
ment are estimated at $500 742 40
Estimated balance in tie
Treasury, at the close o. the
fsca! Year, 1851 sIO8.58S,G4
PUBIC PRINTING.
1t is = matter for general reorganization
that the questions at issue between the
State and the contractor for the pubic
printing for the years ] $50 and 1860 have
been finally sett 81 A de- ea,lei history
Of the matter viii be f,urd in the repo,,
of the Seer etarv of State. br whom, acting
with the advice of the Attorney General.
the negotiations fora set,lement were con
durted The cost Of tie printing for the
two years has been very much greater
than was anticipated at the time Of letting
the contract. 1t WAS then Thought that
the sum Of $4,000 per vca1 would be
more than sufficient to meet the pay ments
under the contract; but there had beer,
audited by the late Secretary Of State pp
TO Dec. 81, 1859, the sum Of S77,l04 OF.
while there still remained, Of accounts not
vet presented and adjusted but claimed
hy the contractor, the sum OF $40, ,lT6 -;
and the whole amount claimed bv him,
from November 80, 1858. down to De
cembor 81, 1859, was S2l9, l02 25 ), aud
there yet remained a Jear Of his contract
BY the settlement with the Stae Printer,
the total amoant paid to him, TO the ter
mination Of his contract, January /. 1860,
is SS6201 II Of which S17,6l6 Il ia for
all the printing for the year 1860. The
printing for the years 1861 snd 1852 has
been let, under the law of last session, to
Messrs. E A. Cakins l. Co, Of Madison
SCHOOL FUND.
The School Fund, owing to the forfeit
ure of very large quantities of lands ('ere-
tofore sold and estimated as a portion of
the productive fund, bearing per cent.
interest exhibits large diminu,ion in
ita nominal capital anil actual revenue -
The extent TO which this diminution has
gone, will be learned bv An examination
Of the Report of the Superintendent Of
Public Instruction. in which the condition
Of the Fund is treated very fully. The
number Of acres of School Lands. thus far,
forfeited for non pay ment Of dues. and vet
unsold, October |, 1860, was $50 $40,
while the proportion of loss TO The pro
duclive School Fund, by the forfri ure Of
Swamp Lands, was, to that date, 247 1870
acres. With the return Of prosperous
times, in the course Of the succeeding
year. these lands will again be sold and
aided to the productive Fund. The SUI
perin,endent estimates the productive
School Fund, October !, 1850. a, 50 339,-
694; and supposing the lands at present
belonging to that Fund to be sold at he
minimum apprai.al. he estimates that the
Fund will reach SO 234, l56 from existing
resources while there will be added TO it,
in the future, the proceeds Of sixteenth
section lands not yet in market, one fourth
OF the sale Of Swamp Lands not yet offer
ed, besidea the avails of lands claimed
from the General Government. and the
long withheld per cent. fund, which
must eventually come to the State.
The report of the Commissioners OF
! School and University Lands will be laid
before You, containing Information and
suggestions in relation 20 the business en-,
trusted TO their charge. Your careful at
tenton to the subject is imperatiyely need
ed, in order that, by judie.ous legislation,
p, oper safeguards may be placed around
these important funds, which have been
much diminished BY careless iuvestuen,
~ rfst ~nars.