Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1863-09-17
THE FINAL REPORT

COMMITTEE OF WAYS AND MEANS,
SUBMITTED MARCH 9, 1863
Mr. Harvey from the Committee OIL WAYS and Means made
the following report:
The Committee on Ways and Means ask
following report:
THE CONDITION OF THE TREASURY
The following Receipts
from the Treasury during the time specified.
Statement of State Treasury October 81, 1860.
Cash on hand October 81 1860. ......... S23S712
Cash reed from Oct 81 60 to Dec 81, go s2l3600 rs
Warrants drawn for period 1854 80
$3.50 81
Cash on hand December 81 1860. ....... s294672 10
Cashrec' Dec 81, &c, tal, 81 $a459O56 SO
Warrants drawn period. 3,3Se5S2 GO
7O,474 20
Cash on hand October 81, 1861 ....... s365146 33
Cashrec'd from ,'61, Oct3l ,62 s3997632 "a
Warrants drawn period 34S634 %
511,a2s 90
Cash on hand October 81, 1862. ss7s474 80
Cash 81 1862 S595496 II
S1471e7l os
from Oct 81 49, to Jan. 81 1863 1206324 Al
Cash ON hand January 81 1868 .. s1s56le 62
All of these examined cancelled,
and the of
Auditors books but for lack of time they have been unable
complete but have adopted finish the
examination.
The Committee find that the funded debt the
by the sale of six per cent bonds still outstanding the
amount 255OO which money has been used for the pu
pose paying assessed by of Congress-
proved August 1861 for the purchase of the State and
paving expenses organizing and fitting of
the entered the service and for taking of sick
soldiers in providing for the next two
years sufficient the demand upon the treasury
The have found themselves surrounded with diff
cues Notwithstanding the appropriations of the last
two years. absos the and the proceeds the debt
incurred still left provided for of the incom
ing
The Military debt audited by the Committee, paid
for want Funds message shows be SAG,
279 ST. Military unauded supposed be about $4,000
90 by State Prison Noh for buildings for which there
had beenno appropriation, $5035l SO.
In addition We have extraordinary demands upon the Treasury
on account war; which will be for taking of sick and
wounded 100000 co. also provide for military defence
of our border $4,000 making oa in round numbers of
near 100000 constituting the class of demands under
nearly emergency induced the last Legislature
hoize the loan millions yet with all these embaassmens,
and the hem the committee have deemed
expedient loan thus increasing the avala
btv treasury and for the present. relieving the tax
They have it the best policy you co. and
willing pay the quit the expense The expense
and losses negotiating oan with the cost of taking OF it,
with the interest liabilities fraud and ecuation far exceed
all the benefit derived from public loans Acting under
have recommended of
property and twenty-five per cent poll TAX
and have limit their appropriation to the
standard.
According to report of the Auditors the State debt
follows:
2 pe cent Certificates of Stock. S5y325500 90
Certificates of S ock. S2O5Sl73 %
6 per of Stock. Sl,2255OO 10
There supposed be outstanding of the original internal
Improvement bonds shown by the report of Agent OF State
State has also her bond the Sinking Fund.-
which is really department OF the State to
another SSS9 g. The total interest due annually on the
whole debt is s462552 81 formidable item TO in
crease diminish notwithstanding the repeated efforts
have the debt OF LIQUIDATION