Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1868-01-07

| rioX 0.uHi"k runu t0s1so ooos e"u , ses oex =,
Fro 8 f:s,1 mon sirbooi Find. i4ss SIS d
From Al otner Funds ;,-s. = @ 1ss sss 9
oA'ance 'Nov' 10 o...sso 9
Total Z. ....s.s y. .l7s ass
| Fnr stsrfsfkTSs FOR 1g6Si.iS SfHsEs
rs. ass,,.;,.,.,..7 s - Ett,, 1.,,5,;.S. -
Io...n f .e' tha oo,;n, ,ao. hasod NS,. :;
i..;". hor,.~co.. o,,.aI.,yea %. .nJ tha oroh
ab,a ,aon;rooa0ts nf tha sa.arai a mT S,nds az
las folloyvs $3.50 sassrsR rsEsaf,7--TfTss
tRs..;Dss from Al, .o,,,,e. ,r.,,a;,vh.,. ts5..s
sncss4 a .u soe.0o'' 'no.aune 20 "a l7.1ls u
n,saprIpar,vn sn,. .
,:...-.. o.. !, -. 40 ,,
Sinking Fund. So. .sss 90
School Fund. ..-.,..-...... 1851 6ss 90 ~ srss,v
Smaller Funds-. zsez6 %
| -+4rs4o.os2 es
Estim.ted balance Nov. Is. 1sss... ss76 ,1se %
+ TorAI. LEVY.
,..-,.ssy -. .s5.aEs .s,,.....,.-, .-,sts-
~, e ~e. mn0le G'.. aou' saAes g. ies.su py
tue s o'es SIC Sco So7 oa aur 'ue year nas
~ ~au aSo,e onortnS ~ tod" 90 az ooIiaotI
sa. sne .tn S.ato "Tos0 T.p ~ 40 ooecee1 'i1
tol sue psase .S ~ Mas oeon soIecte1
n;ist e 'ns coans,es, y,sies; ANU
snaaSss ~. s ~ ,sa q. SuapIsss msos: usin-
quenc.es auu SosIs VI IoI,ectiou iave DeeIl
mt .M.e S,.ai ~ nSus H.ivuuspS Nh
al W pus otv .pl per cens. VI ''le 'o'ai iesy'
VALUATION OF PROPERTY. sol = =.
The valuation of the property of the
people of the State upon the grand dupli-
cate IS $i:iSS 1oaI19 w, oelng an increase
in -, eoao.oo2S w apum ;se va,ua.aon 10 o.
naessnra owin~ tn the ;ncrease1 ecc,srsc,, Z e",
a,,J 'sre -; az as.J,a;n;stre.;on ~ a. a.,o
anu caae car Ia sde ., Inc laws,
Of eomei;a.f;nra With tha;r gnt;e. ,nder I th .
s.at,Yfes - ''1 s1s., 11sAss "A 1n1s " u :
.oDnI11o n.ni'
Inc SommlsSlohers OF tne SinKlng @ funo
nave, ouring tne year, Palu Sioz,czo Do OF
ene innoeo GeDt o. tne state. leaving out.
s'ancing sttVSL,S!l 90; Ihe quesIlonr OF
ProvIuinS ior .hS lnstalinehts 70 Oe Paio
uuripg& III sne mex tnree years. VIII De Deiore
you. Inc preseht iace OF levy VIII not De
/ S150 oOO hein0 reon;red in aIidit;on IN, vb at
will be raised thereby. The recommenda-
tion Of the Auditor of State, that a brief
Temporary loan be made for the purpose is
supported by the fact that it is yery proba-
BILE that the present rate oftaxation. without
increase, would, in a very short period.
pay both the succeeding installments of
the debt and the loan thus raised !: the eS-
penditures from the Treasury being excep-
tionally large at this time, by reason of the
erection and enlargement of Benevolent
Institutions, and the necessity of refunds
lug - L. Tue aIosat Panks Iaxes wnlcn
h naSe csen a. yuussu ny tuS CoIrcs 70 nave
oeen u.la ts Iluiy s:oaN, .o,isc'eu. tnsre!ore
- lise ~ o''o 2 l asion.
TRANSFER OF BALANCES IN TREASURY
By provision of the annual appropria-
tion bill of last year the Auditor was au-
thorized to transfer, temporarily. balances
of various funds to the Sinking Fund, and
to pay Herewith portions of the debt of
the State, thereby stopping interest there.
on. The expectations of advantage from
this statute have been realized without any
practical detriment to the business of the
Treasury, and by this means a saving has
been made OF the sum of $37. .43O 81, which
would otherwise have been paid as inter-
est on the debt. The plan is so manifestly
economical and proper, that / recommend
that 1t De made permanent -E-I19z Eti77'
EXAMINATIONS OF THE TREASURY.
The usual examinations of the Treasury
have been made during the year, and q
special examination under the statute was
made by Hon. c. w. Potwin and the Sec
retary of State in August; the funds be-
Ilonging to the State being found accurate
| ly to accord with the balances shown by
the books of the Auditors and Comptrol-
ler's offices. The report of the special COM
mission will be found among the papers
transmitted herewith So 80 =
prv,s,ov on ,.wa
-. Io..,,s..ss., -. ,,:-.S.as s..
Inc last lIegisiatuIe oirecteo 2 commis-
L To-
Eof Enc State, ana report What cnanges are
necessary 70 systemize anu make consis-
tentsne exsting sCasutes reiatlnH 70 tnls
Important supJect. Ineir examinations
nave dlscIosed great many inconsistencies
ano lDcongruous Provisions IN our imam
cfaf leglsiatlon. and the result OF their la
0Ofious lnvestixatlons, Will De Ionno In
| their report which Will 6e before you
They have consolidated the present laws
into severaf careiuily Drawn pilis, 70 whlch
your early attention is invited. The ne
! cesslty Tor their work Is made manifest by
ene eAlois vi auu
ror,ol,u ys;,i 90 heIieva he best tonnd - ~
tha odort;o,, of fhe hills theu recon,n,ond n
'-o f"s...s . = -
AGRICULTURAL COLLEGE scRtP. 4Sse9e-
| During the past season the proceeds OF
/ the sales Of the lands given to the State by
the Federal Government for the endow-
ment Of an Agricultural and Mechanical
| College, have all passed into the Treasury,
4 and that Endowment Fund is now COM
plete. 1t consists of capital of $340, ,S94,-
40 on which nearly twenty thousand dol
j lars of interest have accrued within few
/ weeks. The disposal OF this fund has been
vigorously discussed at each session of the
General Assembly for four years past, but
no definite settlement has been made of a
i plan for its use. The fact that the pro-
ceeds of the sales of scrip had not been
fully realized, has no doubt had much in
lf1uence in delaying final action but as the
i money is now in the Treasury, the time
seems to have come when its use should be
definitely determined. The Executive
messages, reports of commissions and in
vestiyating boards laid before your pre-
Idecessors in Office, contain full discussions
lof the various schemes for its application,
your wisdom to make the fund available