Clarksville chronicle. (Clarksville, Tenn.) 186?-1872, 1869-02-12
THE STATE FINANCES.

oai THE STATE FINANCES.
Report of the Committee Appointed
to Settle with the Comptroller.
The following report twas submitted
to the General Assembly on Tuesday /:
Your joint select committee, ap-
pointed by authority Of the Senate
joint resolution No. 81, adopted De-
cember 1, 1868, raising q committee
to settle with the Comptroller, hav-
ing performed the duties assigned,
present the following report:
FUNDING ACCOUNT.
The books of the Secretary of State
show that since the present Comptrol-
Ter took charge of his office, three
hundred and eleven bonds have been
issued in compliance with AN act
passed November %, 1866, entitled an
act to establish system of Internal
Improvements in the State,u passed
February IL, 1862. Twelve of said
bonds We're issued i'm lieu of twelve
past due bonds and two hundred and
ninety-nine for past due interest, in
Guiding interest due January ], 1866.
Vouchers for these three hundred and
eleven bondsare cancelled and on file
in the Comptroller's Office, as the law
prescribes.
EXCHANGE ON BONDS.
Under authority of an act passed
December 90, 1866, entitled "an Act
for the relief the bOndholders of the
State,p the books of the Secretary of
State, show that 329 bonds have been
issued. Your committee find the
vouchers for these bonds properly
cancelled and filed in the office of the
Comptroller, of which we find 8 bonds
that matured i'm 1868; 10 i'm 1869; A in
1870, and SO in 1871. v.I
RENEWAL OF MATURED BONDS.
BY order of the Board of Finance
and subsequently by authority of an
act passed September 5, 1868, entitled
''an act to regulate the State finan-
ces,0 the books of the Secretary OF
the State show that one hundred and
fifty-nine bonds We're issued by order
of the Board of Finance for the
same number of the bonds of the
State that matured May Z, 1865,
and reports etc. prepared and filed in
compliance with the act of Septem-
Der 5, 1868, aforesaid, show that three
hundred and ninety-one bonds have
been issued by authority of said act
for the renewal of this class of bonds
and that fifty-one other matured
bonds have been renewed, for which
new bonds have been issued, in all
six hundred and one bonds.
q NrDrphppu fnr. thogn ,,., al al, n
number of matured bonds cancelled
and filed in the Comp troller's office
From a dispatch, shown us by the
Comptroller, from the President OF
the Fourth National Bank. of New
York dated 30th ultlmo, we learn that
lis of the May bonds and sixty other
matured bonds had been renewed
there since the 9th of January.
The evidence is satisfactory that
the Comptroller has fully performed
the duty assigned by the foregoing
acts.
PAYMENT OF INTEREST ON STATE
r DEBT.
We find that the sum of SIS, 1885,
440 80 is charged to the interest ac-
count on the Comptroller's books,
from 22d of April, 1867, to February
5, 1869, inclusive, for which we find
vouchers as follows.
| Coupons Cancelled and t.- r
posted in books, ......,....S2, 60i, 0i0 0C
Interest paid on registered
bonds without coupons S28, III 81
Amount paid for loans,
commissions, expenses
of transmission of funds
TO New York, adYertis-
ing and other expenses .S27, 1925 "a
Total...,,,,,';...,. .,:...... $2, 666, 0s4 81
Balance in Fourth Ma
tional Bank of New
York, toward the Jan.
1869, interest. slos, 355 9s
| Grand otal..,............S3, 1bS, 440 80
From an examination of all the
books kept in the office of the Comp
troller, with reference to every branch
of business appertaining thereto, YOU
committee are satisfied that the du.
ties Of said office have been faithfully
and correctly discharged.
All of which is respectfully sub
mitted. ~
JOHN NORMAN, Chirman
on part of Senate.
w. IL. WATERS, Chairman
on part Of House.