The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1866-01-18
Upton, IOWA, IAN. 18, 1866

Of cIsia amounts in the aggregate to
Sl65, 5,5s.23, stated a. disallowsd. The
sun Of 40, ,326. 20, stated a. suspended,
is none legitima.ely paid on behalf OF
the Unied States in recruiting and get
ting ,,rops into the 6eld. This sum has
been nicely suspended for want Of the
tschoic. proofs required. by the Trcasu,
~ regulations above referred to, and is
subject o re.examinatiop aud allowance.
This is the entire amount in dispute
between the State aud General Govern.
mcnt under the acts Of July, 1861 =.
VI Upon ,his claim the United States 10
entitled /, credit for S3S4,274. so, being
the quota Of the direct Federal tax ap,
portions for the year 1861, tothis State
by the Act Of Congress approved. August
which ,a State assumed Hy by Xes q }6s q
General Assembly, approved January 81,
1862, aud also to the further sum Of
slO0,0Oe00 paid the State from the
United Etatcs Treasury, in advance Of
settle msnt on our military disbursements
specific sbove-making total credit of
S4s4,274 50. ''E
Subsequent levies of this direct tax
upon the States were abolished by Act
of Congress, approved June 80, 1864,
but leaving them still liable for the up
portionment Of 1861. Section 53'of the
Act of August 5, 1861, and the Act
amendatory thereto, approved May l3,
1862, provide, in substance for allowing
such portion OF this tax, due from any
State, duly executed, to the United
States of any iquidated aud determined
claim of euch State for reimbursement of
expenses incurred in enrolling, subsist
ing, transporting, &c, troops employed
in aiding to suppress the rebellion, as
should be fled with the proper officers
Of the United States before the 3Oth Of
July, 1862, The bulk Of the military
claims Of this State was duly fled in the
Treasury Department within the time
thus limited, but not having been "liqui
dated sod determined by its accounting
officers, no release has or could have been
executed.
All the money derived to the State
Treasury from tho levy imposed by the
Act Of January 3lst, 1862, has been alb
sorbcd 10 the redemption Of warrants
issued upon these War and Defsuso
Claims. aud was, therefore, a virtual pay
ment Of them out Of funds belonging to
the United States, being sufficient a.
ill bo ~.r,o;,oJ -:.h .bo Q1Oa O0O M
the entire amount Of our suspended de-
maDds against them,
Under these circumstances, l have
determined to hold these unadjusted
claims as an offset to this direct tax, uu
less otherwise directed by the Genera
Assembly. This course l have consider
ed necessary to protect the interests oi
the State from what I am constrained to
regard a. exceedingly y d'singenuous con-
duct on tho part of the Treasury Depart
ment towards US. by pursuing this
course. but little detriment can result to
the State from the suspension of our
claims. But as the final adjustment is
desirable for both parties, steps should
DC taken W pIocuIo ~ "'""ous euNSess
ssry delay; and l therefore recommend
the appointment of q special committee
to investigate the subject, and report o
definite and practicable plan for securing
a settlement. #s
FINANCE AND REVENUE.
Our financial affairs were never in q
sounder condition During tho entire
period Of the war We have levied but two
mills on the dollar for State purposes
and have incurred an Indebtedness o.
only $500, 900, which was for military
expenditures during the first year of th'
war. The total amount received in tn,
treasury during the fiscal two years
ending November 4, 1865, was 1925
10 dollars; aud the amount expended fo
all purposes for the same period is 952,
.739 AZ dollars, leaving a balance in th
treasury Of 25,O87 6S dollars.
The total amount of State Revenu
derivable from general levy at two mills
and other sources, for tho ensuing ben
uial period, excluding the estimated bal
ance due from the United States Govern
ment, may be calculated at 3ll,Oo2 81
The total disbursements required f.
the same period for ordinary purpose'
including payment Of bonds 100000
dollars) due in 1868, may be estimate
with approximate accuracy at 794 923 q
dollars, leaving balance Of 5l6,O79 z
in favor Of resources, from which to max
such special appropriations as the Gensr'
Assembly might deem expedient.
The entire debt Of the State is oni
622 295.75 dollars, consisting OF l22
J 295 IS loaned from the permanent scho
fund, Nov. 18th, 1864, loan OF 10000
t payable January, 1868, and 100000 va
and defense bonds.
The amount loaned from the scho
: fund i, practically, so much borrowe
from ourselves, and is only . nethod r
Q sorted to for the permanent investme'
, of that fund. The interest on this loa
l,,o .n..: ..~..llv. buk thu nrlnnln