The weekly north Iowa times. [volume] (McGregor, Iowa) 1857-1867, 1866-01-17


The Finance and Revenue part of the Mes.
sage follows in full:
Our financial affairs were never in a sounder
condition. During tie entire period OF the
war VIC have levied but two mills on the dol.
| lar for state purposes, and have incurred an
| indebtedness Of only $4,000, which was for
military expenditure during the first year of
| the war. The total amount received in the
| treasury during the fiscal two years ending
| November 4, 1865, was 1917 1876 10 and the
amount expended for all purposes for the same
peri I'd is $952,730 ~, leaving a balance in
the treasury of $25,O77 6S.
| The total amount Of state revenue derivablc
| from general levy at two mills, and other
| sources, for the ensuing biennial period, ex-
| Guiding the estimated balance due from the
| United States government, may bo calculated
a. $l,3ll ,002 81,
| The total disbursc ments required for the
same period for ordinary purposes, Including
payment of bonds GOO ,OO0) due in 1865, may
be estimated with approximate accuracy at
| $794, 1913 G5, leaving balance Of S5l6, 079 %
in favor Of resources. from which to make such
special appropriations AS the general assembly
| shall deem expedent. -... ...,.
The entire debt Of the state is only $G22,
2s5 IS. consisting of Sl22 295 IS loaned from
| the permanent school fund. November I2,
| 1864, loan OF $780, 900, payable January, S6S,
| and 100000 war and defense bonds.
| The amount loaned from the school fund Isl
| practically. so much borrowed from ourselves,
| and is ony method resor'cd to for the per-
manent investment of that fund. The interest
on this loan is due semi annually, but the prin
| cipal is payable at the pleasure of the general
J assembly /; leaving only $500, 900 as the actual
Indebtedness of the state. The 100000 due
II I no tly frar,,
present resources. The remaining $500 900
are not due until 1881.
This record of economy and exemption from
| Indebtedness is a subject OF profound satsfac-
| ton to our people.
The annual interest on the bonds Of 1858
amounts to $4,000, and, to curtail this expen
diture ~ far az possible, recommend the
passage Of an act authorizing the state treas
urer to redeem these bonds as he may be able
to secure them, out Of money in the treasury
not required for other purposes.
| Our laws regulating the assessment and col
| lection 0. taxes, though possibly defective in
| some respects, have in the main been eminent.
! ly successful. Careful observation has salts
| fed me that any attempt to improve the pres
| cIt revenue system by additional legislation,
would be an experiment o. doubtful cxpedien-
cv
|
SAP whites and 1920 blacks in 1863, to ISL }.
l25 whites, and 4,607 blacks in 1865. A. the
populcus county Of Winnishek was left out OF
the count, and as the spring and fall emigra.
ton of '6S could not have been counted, the
Governor Gets our actual present. numbsr at
! 775,0O0. He thinks VIC will be one million
in 1870 #....
Refers to the report Of Supt. Tub Instruc.
tion-schoos in good shape. Out of 324, 1913
Habtes for school, the attendance in '65 was
1888. Education much commended. Rec.
ommends normal department, special
school for trainingstcachers. The State Uni.
versity is in fine running order; "$lO, 900
ought to be appropriated for additional build.
ings," medicinal branch" is organized at
Keokuk. A law department is recommended
to be located at the c,p;tol, whence the state
library, U S. courts, state sessions Of the su-
preme court, and most other information radi-
atcs We suggest that theological depart
mcnt be also added to the university, and that
gymnasium and skating park be 'th,own in
| AS an indueene mt to tic children of the veal.
thy to draw educational profits from general
taxation. We can add piano, tclegraphic,
printing, ra ilroad engineering and steamboat
departments" when the state grows richer
and approximates nearer to those European
systems in which the 'common people, are
soundly taxed to enable the uncommon to rule
over them! Common schools-the "colleges"
of the barefoot millions-we would 60 our bot
tom dollar on, but not a cent Of public treasure
fol those already able to educate themselves.
The Auditors report gives the school fund
history. County officers have been negligent;
the state will lose largely by them. The Gov.
ernor recommends the investment of every
| dollar in state bonds thus relieving the state
/ Of an annual interest of 1856 900.
/ The Agricultural College is highly com.
nendcd but there has been such neglect in
complying with the law Of congress reia,ing to
it as to endanger the National appropriation
made to the state. The building must b
completed at all hazards" The sam Of IS 900
is asked to test the fruit growing CAPACITY O
the state. Sam Murdoch, John Parker, L. G
Collins, Jno. Grinrcll and John E. Corlett o,
Clayton county, or either of chem, will sstest'
this matter for tenth of toe money This i,
another institution to foster wealth and idle
ness at the expense Of the masses.
The Historical socissy is very properly com
mended We vote for that.
The benev client institutions demand our ut
most lberali.y, and VIC like the Governor fo,
urging aid 10 them. The law requires private
or county funds iii aid of all persons sent to
the lrsanc, Blind and Dumb As,lsns, and il
seems these funds have not come to hand
. 1hereas the Governor scolds little. Why
/ not appropriate state money fer the really untor
tIrate, and tax rich parents for the education
of sound minds and bodies
We agree with Gov. Stone in the statement
that "the pcnitcntiary al Fort Madison is an n
dispensable institution" So long as county
judges of Des Moines and private sccretarie.
of the Governor stesl'like the devil, it will BIZ
necessary TO keep up our 'defcnccs." Money
is required tc aid the penitentiary. There i:
room now for l45 unfortunatcs, and Ii more
can be accommodated soon. A contract fol-
the labor of the conrcts has been made fo
40ssl cents per day. If the said conyicts wo.l
only half The time this contract is as good 8
"shoddy" as conld be asked. Wages Of NE
charles in this portion Of the Iowa viacyart
are $500 to $3.50 per day if any one prefers
the state accommodations. he need not worl
, much to earn Tie p ice he is bought for.
Our Land Grant system is SO tied up tina
, Mr. Stone can tell but very little about it. II
!. asks joint legislative committee to lock i
up. Sensible!
Advises the sala.ies of the District anu tn
{ Supreme Cour. Judges to be made $500
sad $500 respectively. We are no judge O
: law Or It's expoundcrs-naturall fearful @