The Portland daily press., 1871-01-11

state Treasurer Report.
The report of the State Treasurer, like his
preceding ones, is strictly business-like Goc-
ument. The receipts for 1870 were S4,924,-
Io4, IL. There was cash in the treasury Jan.
l, 1870, the sum of S235. .9so63. Total for
the year s5,160O94,75. The whole amount
OF payment for the year was s5,o41 ,e4664.
and there was cash Ia the treasury at tbe
close of the year Sis, ,249,11. The items of
expenditures and receipts are given.
The total estimated receipts for the wear
1871 are $2JS0,129 The estimated expen.
ditures for the same period are S1,956, ,435 SO.
The public debt of the State Is Ss.O67OOO.
OF which $4,000 is due this year. The
sinking funds of 1865 and 1868 amount 70 81
27O,726,16, affording the means to meet our
payment due this year, and leaving a balance
to be appropriated to future payments
Other trust funds beside the sinking funds in
the treasury are $747,5S1,72.
There have been paid during the year for
claims due prior to Jan. 1, 1870, S79,757,1S.
The act of Congress granting aid TO the
European and North American Railway is in.
~ nv A@Poi" oecrelary CaldWell re-
marks that having received an order in Sen.
tember from the Governor and Treasurer of
Massachusetts, on the Secretary OF the Treas
ury OF the United States for all certificates of
indebtedness to be issued in accordance ,r;,h
the provisions of the act of Conoress tonebinn
this matter, lie went To Wasbinoton - Ne
vember and received $67S, 900 i'm sucb certifi.
Gates, and in compliance with orders naesaa
IN council delivered the same to the Presi-
dent of the European and North American
Railway.
OF the debt which comes d,o III
$4,000 is for loan created in 1sse eSoS Hn,
is a war loan created in 1861. and S95 o09 io
the ninth of ten notes of S25OOO each oivon
to Massachusetts in 1858 tor the nnrchsse Of
Massachusetts lands. Bva resolve of iae,
March these several sums with Interest are
payable in coin or its equivalent in cnrrencv
and it is estimated that it will REQUIRE S57Oo6
to meet the conditions of the resolve. SO Thai
the full amount of payments to be made ON
account of the public debt and interest durinc
the present year in coin, will be 1904 ONO
The Treasurer will avail himseifof the sink
ing fund of 1865 to meet the bonds as tbev
mature. ALI but $4,000 of this sinking tnnJ
is invested in our own State bonds: and ali
the sinking fund of 1868 is invested in ,he
same manner.
The treasurer has paid all maturing oblipa-
lions In accordance with the resolve of last
winter authorizing them to be paid in coin or
its equivalent in currency. The premiums
paid for the same has amounted to Ss5s5 7S
or about IL 1915 per cent making a sum
larger than the appropriation for that purpose
of S3,OS5,7S. He thinks it improbable that
there will be any change, as anticipated at the
time the resolve authorizing cold psyment
was passed, in the decision of The Supreme
Court upon this matter. at present and
therefore suggests that an annropis,,nn 1uu riI,
be necessary 10 meet the renpreInar,S nt W., hn
resolve. VI 'Ne
All the bonds and couronserodoor,od :,
1859. amountino to ssSo 11s IN ,nora br,nt ~
bv the Committed apnoipteJ onI I'.e ,oaanS uulnS
made of the fact ~ Reo;Stered i'"h honds ir6ofa b,
been issued for common honds rece;vod and o aau
celled to the amonnt of s69o oOo Spho Traas~r n.-
er'sugeests that the latter sbould be destro%ed
as bonds and commons matnred and Md Sro
During the wear there has bea,, issnal ,u .. ,o
towns. cities and plantations of the mnn;c;naJ
war debt bonds s3.O22 1O0 and there j. npw
ready for delivery S62 400 70 towns az oss;on.
ed. The sum of S13 900 W has heen derosit-
ed with the Treasurer On account of the 40.
ricultural College fund. The whole amon9t
now held by the Treasurer for that institntion
is Sis. .39447. The receinfs from the land
Aront hove a =, o,,nt.a ~ 81 Io1 a., r