The aegis & intelligencer. [volume] (Bel Air, Md.) 1864-1923, 1868-02-28
The State TREASURY.


The total receipts into the Treasury from
all sources during the fiscal year ending Sep
TENDER Both, 1867, amounted to 81, 1862 $40.
SO, which, added to the balance in the Treas
ury, September Both, 1866, makes the aggre
gate amount in the Treasury, $2,730, 6932 "a
The disbursements during the fiscal wear
amounted to $2,573,S55.24, leaving a balanc,
in the Treasury, on the 30th of September
last, of $156,S3s0O.
The estimated receipts into the Treasury
for the fiscal year ending September Both
1868 is 81 S22 100000, and the estimated dis
burscments for the same period, $1,973,OOO
90, being S151 100000 more than the estimated
receipts
There remained in the Treasury, on the
Both September, 1866, to the credit of the
School Fund, $7,59s77, and the receipts
during the year ending Both September, 1867
amounted to SOL, 7734O, making an aggre.
gate of $69372.19 and the disbursements
during the same period amounted to $780,
406.13, leaving balance, on the 3Oth of Sep
TENDER last, to the credit of the School Fund
of $2,9GGO6
The receipts on account of the School
Fund, have been greatly decreased, on account
of nearly all the banks in the State being CON
yerted into National Banks, and for that rea.
son refusing to pay the twenty cents tax on
each hundred dollars of their capital stock, as
q bonus" on their charters as State Banks.
None of the National Banks have paid any,
thing to the School Fund during the last fis-
cal year. for the reason that they do not re-
gard themselves as any longer dependent on
the State for their charters.
The amount realized from the sale of stock
held by the State under the act of Assembly
of 1866, chapter 40, was $55,3s45O, being
$1,204.50 more than the par value of said
stock.
The aggregate amount constituting the
several funds invested for the benefit of the
School Fund, amounts to $3O5,SO1 "a, less
the sum of $2287.14, to the credit of the "Ip-
digent Blind"
The amount Of the Sinking Fund" is
stated to be $3.50, 1904, of which sum
1901 PSI. II is not invested, for the reason
that no State stock can be bought at par
The value of real and personal property of
the State under the assessment of 1859,
amounted to $2S0501 ,47400 and the amount
levied thereon for the year 1867, viz: "D-
rect tax" of five cents on the hundred dol
lars and Public School Tax" of fifteen
cents, amounting to 1851 ,003,14.
The productive stock in which the capital
of the State is invested amounts to $685.
476.47, and the unproductive to $1s,5G2,-
7s7.12. In speaking of the preponderance of
the unproductiye over the productive stock of
the State the Comptroller says: ut is great
ly to be regretted that the latter preponder-
ates so much over the former, caused chiefly
by the original stock and accumulated inter
est of the Chesapeake and Ohio Canal Com
pany"
The net Funded Debt" of the State upon
which interest is to be provided is 1854
413.43, and the total Funded Debt" of the
State is $1O,s91 ,S02.32.
The total value of all kinds of property as
exhibited by the assessment of 1866, as
amended by the act of 1867, is $492653, 472
The assessment of 1862 exhibits $3.50 SOL
500. ''If the value of slave property de-
stroyed by the war be added to this it would
make an increase of nearly fifty per cent on
the assessment of 1852"
The levy of 1868 will exceed the last by
1924 ,503.S0, which will be sufficient to meet
the demands on the Treasury when the de-
ficiency existing at this time is provided
for
For pub ic Schools ten cents will realize
$4,000 more than the present levy and be
liberal provision.
The total amount disbursed for Bounty"
from 1864 to 1867 inclusive, 81 ,196,S6425,
and the receipts during the same period from
all sources is $2,364, 1874, or $1,s22 1861
in excess of receipts.
The Comptroller then says; "The Boun-
ties paid by the State, under the act of 1864,
have never been properly adjusted and equal
lied. The volunteers and drafted men of
1861 and 1862 have never received any boun-
ty the former owners Of enlisted slaves and
the slaves themselves have only been paid
two hundred dollars, when free negroes were
paid by the same law three hundred dollars,
thereby declaring the free negro more yalu-
able than the slave, which experience has
not verified"
The balances due of Direct and Public
School taxes in the hands of the collectors of
othe counties and the city of Baltimore
amount to 1904 ,647.12 for the year 1867.
The list of balances due by collectors of
State taxes from 1e41 to 1866 inclusive,
make an aggregate of SOL ,9s642 besides
considerable sums due from Inspectors,
Clerks of Courts, Registers of Wills and
Sheriffs.
"a large portion of these balances is for
years far back, and which can never be col
lected, the principals and securities in very
many instances, being dead or insolvent"
The amount received from INSPECTORS of
GRAIN" for the last fiscal year, over and above
their salaries, is $5,996.93 exceeding the pre-
yious year by $2,965.8s.
The receipts from INSPECTORS of Tobac-
co." during the last fiscal year, amount to
S65,05O41, being an excess of $25 O95. 80 over
the year 1866. The salaries of the inspectors