The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1861-01-17

State Tax 1898, 59372
Bank Tax. --.---------4----. 88,4889t
Railroad Tax 23,55596
Insurance Tax. 9,606l8
miscellaneous a. 1908
Balance from 1856. l69l047
The aggregat e disbursements from the General
Fund for the calendar year were. SO g, $50 %
Leaving balance in Treasury, Jan. list 1861,
OF the expenditures from this fund, the sum Of
$3.50 ,SO923 was for the State Prison the VARIOUS
BENEVOLENT Institutions, payment eli Interest on
State loan, &c leaving the sum of $lS III 06 as
properly the cost of carrying on the State Govern
ment. This sum compares with the like item as
ascertained for the previous year, as follows:
Expenses OF 1902 .$l&8 . 6.46
Expenses of 1860 ISl I'M 05
The careful estimates of the Secretary OF State
show the probable resources of the State applica-
BILE to the payment of expenses for the fiscal year
ending Oct. LIST, 1861, to amount to $469,3 %
The expenditures Or the same period
oftime, calculated on a sufficiently lib
eral scale for all the necessities of the
Government estimated at $500 742 40
Estimated Balance in the Treasury
at the close of the fiscal year 1861 $l08 588. So
PUBLIC PRINTING
1t is matter for general congratulation that
the question at issue between the State and the
contractor foI the public printing, for tie years
1859 and 1860, have been finally settled A
detailed history of the matter will be found in
the Report of Secretary OF State, by whom, act
ing with the advice OF the Attorney General,
the negotiations for settlement were conduct
! ed The cost Of printing for the two years has
been very much greater Than was anticipated
at the time Of letting the contract. Ii was then
thought that the sum e2U, 900 per year would
be more than sufficient to meet the payments
under the contract but there had been audit
ed by the late Secretary of State up to Dec.3I,
Io59,t1e sum Of $77, l0407, while there re-
manned. of accounts not yet presented and ad-
IJusted, b It claimed by the contractor the sum
OF Sl20, l76.76, and the whole amount claimed
by him from Nov 80, 1857 down TO Dec 81
1889, vas $2l9, 1872 rs and there yet remain
ed year of this contract By the settlement
with the State Printer, the total amount paid
10 him. to the Termination Of the contract, Jan
/, 1861, IS $50, POI 81, OF which SI7 616. II is
for all the printing for the year 1860 Tie
printing for the years 1861 ana 1862 has been
let, under the law Of last session, to Messrs. I.
A. Calkins Il Co., of Madison.
SCHOOL FUND.
The School Fund, owing to the forfeiture of
very large quantities of lands Heretofore sod
and estimated as a portion Of the productive
fund bearing per cent interest) exhibits a
! large dmnutiom in its nominal capital and ac-
tuaI revenue. The extent to which shls dimi
MUTTON has gone, will be lear@ed by an eXamina
ton Of the Report of the Superintendent of
Public instruction, in which the condition f
the Fund is treated very fully The number of
acres of School Lands thus far, forfeited for
non payment OF dues, and yet unsold, October
1st, lS50.swas 352 $40, while The proportion of
loss to the productive School FuEa, by the for
teiture Of Swamp Lane, was, to that date, 247 :
I3O acres. With the return OF prosperous times
IN the course OF the succeeding year, these lands
will be again sold aud added to the productive
Fund. The Superintendent estimates the pro-
dUctive School Fund, October list, 1860, at So
339, 694 and surprising the lands at present be-
| longing to that Fund to be sold al the minimum
| appraisal, he estimates that the Fund will
reach $3,234, 1856 from existing resources; while
there VIII be added to it in the future the pro-
| eeeds OF sixteenth section lands not yet in the
market, one fourth OF the proceeds OF the sale
OF Swamp lands not yet offered, bssi les the
avails OF lands claimed from the General Gov
enment, and the long withheld five per cent
| fund, winch 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 re-
gard to the business entrusted to their charge
Your careful consideration to the subject is I'M
! peratlvely needed, III order that, by ludicious
legislation, proper safeguards may be placed
around these important funds, which have been
much diminished by careless investment during
past years.
| STATE UNIV ERSETH.
The University Fund, on the LIST of
! October, 1866, amounted to 1886 ,725. 90
! On which the annual interest at
per cent is $2Oo7O.08
Add balance i'll Treasury 3I3 80
Caves iucome tor the University for
this year 800. 49,. DO
This fund shows decrease of some $4,000
| from last year, owing to the same causes which
produced dimlnution Of the prOductive School
! Fund.
The Report of The Board of Regents of the
| State University, made according to requirement.
of law, will be laid before you, exhibiting the
condition of the Institution. There is no max
I'M more sound than that frequent changes In
the policy and administration of such institu.
tions is in the highest degree detrimental-
| With its buildings now completed at an exa
pense Of nearly 100000, and afford:ng ample
accommodations for years to come what the
! University mainly requires, is to be lei alone
to pursue quiet and even course ofuSefulness
and progress. Earnest effort on the part of it's
Faculty, under the judcious supervision of its
Regents with an established policy steadily
pursued, will, without doubt, with its advanta-
ges Of situation, speedily place it among the
most Important institutions of the State.
SWAMP LAND FUND.
The Swamp Land Fund on the Ist October.186O
amounted to 1903 800 81
The interest of which, at per cent,
amounting to 1885,. "a
is appropriated by law in the fol,
lowing proportion, viz:
To the School Fund, 25 per cent or $I4,24I
To the Normal School Fund,2 per cent
or 1891
To the Drainage Fund, 50 per cent. or % ,482
During the past year,approved lists of Swamp
Lands coming 10 the State, under the Act of
I 1 fine. Ef,a hot
been received at the Executive Office, and re-
| quests have been transmitted to the General
Land Office, that patents therefor should be is
sued to the State. These lands are a part Of
those conceded by the Government to belong to
the State, no settlement of The questions long
at issue with the Department having been eff
fected.
CAPITOL ENLARGEMENT.
deem it my duty again to call attention to
the necessity Of commencing the enlargement
Of the Capitol. The foundation for the west
wing, or front ought to have been laid last wear,
so that during the present year the wing could
have been completed The public necessities
clearly require that this work should be com
menced. The Supreme Court, the Senate, the
Bank Comptroller, and the Treasurer, all need
the accommodation of the proposed new build
ling for the convenient transaction of the pub
lie business, The records, the moneys, the Sc
curities, land the books and papers belonging to
the School Land Department are constantly liza
bic to be destroyed. Millions Of dollars in val
ue,of public and private property are constantly
risked and perilled for want Of the outlay of a
few thousand, in necessary and permanent
public improvement.
VALUATION.
Thh tables annexed to the Report of the Secs
rotary of State show he equalized valuation Of
property in the State for the last year Cthere
: being no new valuation of property assessed
in 1850 to be. as follows:
Value OF Real Estate, $156, 555 ia
Z" Personal Property 27506,76l
Total $1s4, ,5ss