The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1863-03-14
The Report of the Comptroller.


| from noticing, as fully as it deserves, the
able and most thorough report Of the Mary.
land finances as shown by the Comptroller.
1t is by far the most satisfactory exhibit Of
our Treasury department ever given to the
! people of Maryland, since the adoption of
the present financial system. We give below
such portions Of the report as our readers
can understand without the tables which
accompany ii:
The receipts into the Treasury Cor the fiscal
year which commenced October list, 1861, AID
ended September 3Uth, 1859, amounted to the
sum of < ,@23, a63.S7 which nciudes the sum
| Of Si75,,H1. 15 obtained from the s,,irS, i'll june
! last, of part of the stock of the .. Maryland
| Defense Loan (antho.ised by chapter Az, l-64)
! and the premiums obtained thereon. The whole
amount, so received exceed, the receipts OF the
next preceding fiscal year by The sum of $685.
| 5000; and exceed, the receipts Of otler pre-
ceiling years, exclusive o! receipts from sales of
stocks or from her extraordinary sources from
| y lOu 500 to SHOT, 900. The sum received dur
| ing the fiscal ear ended September :5tih, -G2,
| wien added 10 tire apparent balance in the
| Treasury September ,,1th, irG'. Of Si.u.u4t. ~
makes the whole sum available to the Treasury
for the last fiscal year amount 10 81 1913, io-. 20
The rcc"i pts have increased from almost all
| source, 81 revenue, and from some OF them quite
| heavily. Ot this increase, only about sS40U,GC0
was derived from the additional dilcct tax of Is
cents On each i loo of a2scssabc property, I'M
posed by til" legislature at its last session, mas
much ii, al tie close OF the fiscal year a large
part of the tax of iSii2 remained to he coller ed
| he collectors Of some of The coun;ies, having at
hat time, but recently cnielcd upon their da!ics.
Ii will he noticed, also, that the surplus in the
| Treasury September 33,h l-t2, exclusive Of
| thar Dciongn" 10 the Sinking Fund and School
| Fund, amounted tn nearly rs much rs the whole
of the direct tax. collected within the year. not
| withs!aMdmg lie large and extraordinary pay
mcnt of the war tax to the General Governments
and the large amount ui urIenagc paid within
! that period.
The disbursements of the fiscal year ended
! September Both, 1862. Amounted to the sum Of
| = ."46, 30 IL, which includes the payment 10
the General Government of Mary lands prnior-
non Of the war tax for 1862. viz: $i;G. -2,'.;'
les, fifteen per cent discount thereon. ohleincd
by the assumption by the S'atc. aud prompt pay
men, of tie tax, leaving r ne; sum pail. 81 L.
"a" % nnl also includes tie payment of over
s.fDO.o00 Of arc"gagcs Of appropriations OF
inrnicr wears, and includes the expenses OF tho
extra session OF the Legislature OF nccrnber
1861, aud of the regular session commencing
.janrary, i~ij!, and t!cir appropriations, and
leaving in the Treasury proper, as OF September
80, iStj2, net balance OF SsiI6,. ~. 10, added
TO which is the balance of cash as of same date
to he credit of lie Sinking Fund, OF S'l.i2 ,:S39-
81, ard the balance OF same date to the credit
OF the Free School Fund, OF -iil ,-t6. -, Illus
making tie whole balance at tn, credit to the
G"nciai Treasury September 3Oth 1862, .Si2l,
| 0iaG5, which remained subject TO future de-
mar,ls
This exhibit of largely increased receipts. and
, of disbursements actually diminished III view of
The fact thai a considerable pant Of the dishur,c
nents we've tnr nrleaingcs OF former years and
for extraordinary demands Occurring within the
year. together with the large surplus remaining
On hand, and the inc0nsi,!erah!e sums for which
:hc Treasury remained liable nj the close of the
wear, presents II sound and hca'.lv condition Of
he Treasury. and should be encouraging when
ronsidclcd in connection with It's CONDITION 50
laIc rs January last. On the 9Th day of that
| month, when commenced the discharge of The
duties OF Comptroller considering he sums then
due from the General Treasury 10 the Sinking
Fund, the School Fund, and e'rs due lor al-
preparations made prior to january, i-u-, and
other account and then !cmainirg unlad there
was an actual dcticit in Inc Treasury.
Al this lime thorc le.nntns comparatively lit
| tie for which the Treasury is liable tie lf.cur-
ages Of appropriations made plior TO january l.
i~ti2 except those in bcjmlt Of the Eastern
Shore Ra!lrnad, are paid; the appropriations Tor
the year i~O2 aye also paid the current de-
| maI'i7, for interest on the public debt, and
other claims have been satisfied: and the war
lax TO the General Government paid; the stock
of the Maryland Defense Loan lepuSscs~cd
It ! stocks nov due or OrcI,it,c, IN process OF re-
dcmption and handsome surpln, i'll the Trca-
sury whcrcwih to nee; future demands on thc
Treas, ~ or to be employed in the purchase Of
the outstanding debt and by the prospect Of Il
flrher handsome surplus in the current year
We are removed from financial difficulty, undo!
almost any STATE of circumstances likely to
arise; and this. too. in u l,cliod OF civil COM
motion such Us has net at any lime afflicted any
,c,ula or county. with otir State close to the
scene OF conflict. and the luvHmcs of war III
times on otlr soil, whereby the business reu-
tons uf uilr citizens have been much disturbed
ard always threatened, with the auAictics uerc-
hy occasi0ncG weighing heavily upon ;hc cncr-
gics of the people; Sr may, in the very midst
of these difficulties, he satisfied with our iini-
ca prospect, and feel assured Of substantial
progress in prosperity and material wealth.
The probable receipts lay the Treasury for the
current fiscal year viii be found 10 be : ,6,'~-
600 and TIE probable Disbursements for the
same period VIII he found to be 81 G,Ei,NU~,
W hith contains II large estimate tor i,lei On en-
change, thus showing probable surplus Of
receipts over and above disbursements fer tie
fiscal wear ending September Both, l~';5, OF
StjJ 600, which added to the balance in the
Treasury proper IL al September 3oth 1862, will
make the probable surplus il. the Treasury al
the end of the current fiscal year amount to
~ AZ ,749l9, unless i'll the meanwhile in
vested.
considerable portion OF the free school fund