, 1861-01-19

lKEAsUKE.& 8 OFF1CE, l1l1NOtE,
SruS0rELD, Dec. 10, 1850. {
70 tie General assembly cf the State Of illinois,
Pursuant 10 the requirements Of law, l have tht
honor to cp"rt tue receipts and disbursements o
the p96le p%I3 money II the two years ending Sovem
Receipts for revenue purposes, including the bal
ance on hand on the lst dag Of December, 1873
amount to 3ss !lasS Psynsnts on the anne ae
the treasury.
Receipts IN account Of the State Debt Fund, in
Gliding the balance on hana on on S ths lst day Of Dc
Ing balance On hand Of $40, ,a79. 10.
Receipts on account OF the Interest Fund, Inc}u
ding the balance on hand the let day Of December
1855 amount to $ai3O99.90, leaving balance ID
the treasury Of $a59. .4AA.
Receipts on acconnt Of the State School Fund, il
cludinS the balance on hand December. l., 1858.
amount to s2i5, ,:es9 Q. Payments on the aan,e
account amount TO S1ss35s &C. leaving balance In
tho treasury Of 5593s q.
including the balance on hand December !, 1858
amount 10 $a1a ~. Payments on same ACCOUNT
aa.oant to $47 s. ca'ias balance In the treasury
Receipts on account ofCentral Raiiroad Fund. In
Guiding the balance on hand 1st day Of December
ls5s, aaaouEt t. $ i; ~ g. Payment on same
sssG9aa sse ,9sa!apS o S H. balance
.Amoun, of Delinquent Land Tax Fund remain
Ing in the treasury On the frat day OF december,
changed tic balance remains The saJ1e, VIZ,
st,53l.aG.
Funds deposited in the treasury from Adams md
Hancock counties, belonging to unknown and
miner heirs. $S6.t0,
Eur Il more detailed account Of the receipts and
disbursements Of the public money, be. leave TO
refer ynu to the statements.
III correction with the subject Of the payment uf
interest. would suggest that the law In force
leaves TOO much discretion in, and responsibility
Oh. tie treasurer in paying the interest. The a;
makes HH provision ~ 10 The NllHneF in which the
money isto be transmitted to Stw York. OF ~ 10
thu mode Of keeling It whilst there, Aud Irc.pcct-
fully submit whet thcr tue Lcstsatue mag not naac
provision for the control and direction Of the
treasurer, which may lessen tic discretion Of the
treasurer, aud the hazard to the State.
Ing which the treasurer .shall keep the morey in
New York. which IL thirty days, Is not unneces.
eariy long. In my jnigme ut. Gf. cen days is amply
sufficient Tor the payment Of the interest: and il
the holders uf the bonds wlll not prcseht then,
within that time, the State ought moi 10 incur the
hazard OF keeping the money longer In New York,
and it ca le 1in great hardship to compel the tardy
creditors to oprc:eEt ther claims Ut the treasury,
] submit, also, whether some provision should
not be made By law to control the payment of State
bonds, under the Governors proclaa,atlon No
adequate proyiaion Is made foE the security ii
the Statc funds. when Withdrawn from thu Treasury
to make such payments. or fur the trans smis- lon
and kcc3ing the same. The wait Of Fuch proyis-
ions was severely felt In the payments made under
tho Governors proclamatioils IN January and A,.-
gust List. Aha was compelled to exercise IN
amount Of discretion and incur Il rcsponeibiit:
which might not always be Eac to the State to
quire or permit In The treasIrcr.
1r--r