Evening star. [volume] (Washington, D.C.) 1854-1972, 1865-01-07

uneolectsd at this date net amount OF 81, ,i7o,
and on hand In cash sls0 The tax OF 1885, iS
is estimated, will produce abou, e2,25o nett
making in the aggregate a sum of $2,44i. II the
whole VI this could be realized In ls65 the In =
terest on the S19,660 Metropolitan railroad
funded debt TO the lst Of January, 1866, could
De raid over TO the general fund, and the
debt to the bank reduced 10 the sum of about
S1,1t0.
The revenue for schools In 1865 is S7,S}s os.
IL ls more than probable, however, that lboue
Si,ONo OF that amount will remain over uncol-
lected until 1866, th ms reducing the actual nv
enue to about s8,33s aS
The fund for the education of coIored chill
dien in lS65-provided the entire general
taxes could be collected In ls65-amo1ns to
So,i65.
The affairs OF the Ches apeake and Ob,o Cansr
come mp next in order, and the In nterest in An
amounting 10 Sl2,ii7, is stalled. The non. nav
ent thereof is attributed to the damages to the
canal during the year; but confidence In the
integrity OF the company and future prosperity
OF the great enterprise Is undoubted.
The harbor fund, from September 10, 1861
the date Of the iaw-up to this date inclusive,
has yielded SS7l 25, from which there are de-
auctions, under the law, amounting to 1886 -,
leaving cash in hand S536i7. e..
The rents and licenses received from the
temporary market.house amount to I,Ga5, out
OF which there has been paid $iSi, leaving
soil The rents received this year, including
the fsh Wharf, amount 10 Sl,355, being Si6S less
man 'ast year. The rents lastyear were In.
Cft asec ~ payments then made which should
have heen made in 1862; also, by payment in
advance made by the Cumberland Coal and
Iron Company. o.
Under the law of March g, ls64, there has
been issued $4,000 OF the bounty stock at par,
which sum was paid ever to Captain Scheetz,
on the orders of the Mayor, placing in Captain
Seheetz's hands Mt no one time over $4,000, ac-
co1ding TO the law OF March ~, 1861. or the
above S2C,Gt0, he has accounted for III men,
costing sis,a6i Vouchers accompanying this
report; leaving 81 $50 still in his hands unac-
counted for. The $4,000 borrowed from the
Farmers and Mechanics Bank, under the
law, mas been paid This subject is discussed
at length, with this conclusion:
'Of the 500, COO borrowed from the Farmers
and Mechanics Bank there is still left unpaid
$1,000, due 18th and 18th OF February next. BY
that time, in all probability, shall be enabled
TO discharge the debt through further sale of
stock, as authorized by law Of September s6,
1851"
Referring te the market house stock, the
clerk concludes his remarks thus "If further
sum, beyond the S:i5 eco, should be required
Tor the new market house before the sale OF the
stands, would respectfully suggest that the
amount be borrowed tor q short time, to be re-
turned ont of the sales of stands, and thus
avoid the issuing further amount OF market
house STOCK beyond the sum now authorized
by law
The Metropolitan Police.-The treasurer of the
Board has notified the clerk to pay him the
amount due for increased cem mpensation TO the
police Of GEORGETOWN from the lst July to 3lst
December, 1861
Amount for December 1854 .......... al 2f
Total from lst July to Ist Jan 1866. 81 Oil ~
he pres Mt and estimated assessments fall
1866
There is a small balance on hand, sI1 %, on
account Of lighting the streets.
The gas revenue and expenditure for the
year 1865 shows a surplus, after paying all OBJ
legations on account OF gas, amounting 10
S3C6 %, provided the entire tax could be COL
$1,000 will remain over uncollected until 1906
The most, therefore, that could be accom-
plished during 1865 at the same rate of tax AZ
now existing, would be to pay the current de-
mands and considerable part OF the balances
on note held by the Gas Company, leaving the
way open for reduction OF the tax 10 1866.
or the water stock there has been redeened
this year 50, i09, and previously S2I4, making
the total amount redeemed SO 623; and early in
January the treasurer will be able to redeem
$1,000 more. The red uction of corner los from
100 to IS feet makes further deficiency In the
water tax ofSl $50. Nevertheless, on the water
stock interest and the water maintenance an,
now paid out Of the general fund, and the
water fund will be increased to the extent OF
about 81. eco per annum by an appropriation
OF five cents on the 500 ont Of the general
stock will be speedily diminished, and, in q
few years. will be redeemed altogether
The in tei est OF the Corporation is thus stated
On the State debt OF S235, ,3l6 &C. sLe73 IS
On the water stock debt OF sal 12o ~ soa II;
On the bounty stock debt of S23, 49,. 243 -
On the market-house stock debt OF
Soi,<oi'..''' -...ss............. 20 IS
Total interest due and not called for
de tnls odtc Sd 200 03
The interest falling due on the same
several kinds and amounts Of stock
On rs+ 80 r~----y --U<,V, IS
sItgdR 1876 bf
hHski99Gg 81 .ilnaqq IN aqqy!onnt ot interest due en-
Mr. Laird concludes thus:
i have thus endeavored to set plainly before
you a full statement of the finances OF the
town, and have done 80 in as careful and linn
tied manner AS the desired object could be
reached. Notwithstanding that various un-
forsseen circumstances have arisen during the
year, causing heavy demands for money, not
a just claim of any kind, or at any time, has
been presented that has not been instantly
met; and, at the close OF this report, cannot
refrain from expressing my confidence that,
with the means on hand, and such as will be-
speedily available from taxes past due, and
from licenses Immediately forthcoming, the
large amount OF interest, as above stated, will
be promptly paid as called for, and all other
immediate demands on the general fund salts
fled; and may add further, that, through the
best judgment can bring 10 bear on the sub
ject, should no heavy burdens be placed upon
the general fund beyond that il is now to bear,
10 f0 laoi H..