Democrat and sentinel. [volume] (Ebensburg, Pa.) 1853-1866, 1863-01-14

ance uf said fund Nov. 30, 1851, $780,
507 Il Receipts under Act May Is,
1861, $685., $50 90. Total, S77S, ,357 Il
Pa for military expenses as above,
S4S2.ISl II. Paid for redemption OF
temporary loan. Sl00, 900 OO. S5s2.-
Isl "A. Receipts from ordinary sources:
For year ending Nov. So, 1862, $4,O47,-
S22 30 For year ending Nov. 81,
1861, S3.nI7,5I5 81. Excess OF r.
ccipts for 1862, SI,O3O,l76 81. Pay
mcnts for ordinary purposes. excepting in
tcreSt: For year ending Nov. 81. 1861,
81, ,llS,G62 %. For year ending Nov
81, 1862, Sl,O23.3i5 -. Decrease in
expenditures OF 1862. $50, ,3I7 Is.
From the tables exhibited il viii ap-
pear that the receipts from ordinary sour
ccs OF revenue for the wear 1852, are in
excess OF the receipts of the wear 1861
one milliun thirty thousand one hundred
and eeventv-slX dJllars and rigiiy-two
cents. the excess of interest pail IL 1852
Over that in 1856! being Sl4t,09j b :
and that thc ordinary expenditures for
1852 were ninety-fyc thousand three
hundred and >evcntes dollars AMI sixteen
cents les than the wear Preyio'I-.
The healthy condition OF the revenues,
and tl'e excess OF the receipts over the cX-
pcmlturcs, secured by the rigii economy
which has been praciiccd, especially con
~i.lrring tn necessary increase o. taxation
hv the \a.i J.,;d GUvClnmcnr.) seem 10
invite the attention Of tEie Legislature to a
revision of the revenue laws. with view
to Tightening the bur:hcn> of tht people.
In this connection 1t l. proper To- inyi.e
vour attention /" the justice and exp
diency OF restricting the rate Of local fax
alton, now. in some parts Of the State;
oppressive
Augunt Of public debt of Pennsylvania,
a. il stood on the st day of December.
1861. Sto.5SD,6G6 OS. Additional
amount received at the State Treasury de-
rim" the fiscal wear cmJing Nov 81, 1852.
IN Military Loan. authorized per act OF
Nav -. 1851. S3s- $50 90. TO;ai.
SIO."Gs.5l6 0S.
Deduct amount redeemed at the State
Treasury DUNN" the fiscal wear cndiug
Nov 80. 1852. VIZ: > per cent Stat,
stock, S21s, 500 -, j per cent. Sat,
stocks. $4,000 90. ! per cent. Stat,
-tock.. :I0n.o0O Oo. Interest certificates
%l1 -. E.!ici ,tcs. .>;I.fI3 90. Dome
lie creditors certificates. <Gi -. Military
Loan. per act IF April ,. 1851. rrdvcme,
SI0o. 900 90. Sj2a.3l2 %. Publ,
debt Dee. /. 1862. $i0.4iS.2i3 s..
Towards the cN;imgui>hmcut OF Tia,
public debt, the Sinking Fund holds ~ecu
rites amounting TO ten millions seven hun
l.. i -.
follow: Bonds on Sunhurv AMI Eri
Railroad Company, $:i, ,5D9. .oo1. Bond
of PENNSYLVANIA Railroad Comls.nv. X.
nOn. .ngo. Bonds OF Wvu'nilI" Can.
COMPANY. :s2Sl 900. Total. .slO.7Sl.
O0o.
Shuuld there bc no extraordinary q,
mand on the Treasury, There can Lc al
prupriltei from the l;r-c h.,i;G;co NOW .
g hand and tlo increasing rn,-nJc~. at lea:
: 4 million and ir;,it OF dollar, du',in" I'll
= coming wear towards the payment "f a.
I pih!ic debt.
I The operations Of the Sinking Fun
G during tire last year have h.-n. a. Show
/ by NV Proclamation OF the SIh oi ~
@ tcmbrr last, a. follows:
- Amount of debt uf Commonwealth r.
y duccd. S262. sol %. as follows. Niy
State loans. S26l-IsS -. Interest cert
fic.,tcS. $50 II. Domestic creditors ~
: tiiicatc~. S6i -. Relief notes c.ncclle,
SlI So Total. S352. .SOl g..
1t will ba observed that the iiSg-l! ~
y ends on the thirteenth OF November. ~
= the Sinking Fund wear on the first No
,e dav of September. This l. the rea~,
for the apparent deficiency in the amou
:. of debt pnid as stated in the Treasurer
:. Report and by the Commissioners of Il
Sin'in@ Fund
= Under the Act Of lth of April, 1856
n | appointed William McClelland. L.
mr. McCombs and VI. Russell Thayer, Esp
il a. Revenue Commissioners, who ha
n. printed report, and will no doubt >ubu
Ct the result of their labnrs 10 the Lrgiei
x tIrr. TO which invite attention.
5. refer to the reports of the ~;
| Treasurer and Auditor General for I
81 details OF the financial affairs OF the Coz
rv mo wealth. The reports of the Survey
l. General. Superintendent of Comm
- Schools, and State Librarian. viii eNhi
,. the state of the departments under TN
~. care.
X. In accordance with the Act ot Il
>. February 1862. the quota Of this State
~. the direct tax OF the United stat
m, amounting to one million nire hund
va end forty IN thousand -SIca hunsiTs i Z