The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1872-02-05
THE STATE FINANCES.

81 MONDAY, FEBRUARY 9, 1872.
THE STATE FINANCES.
Democratic Economy Exempliticd.-
A Good Beginning.
Tho report Of State Auditor BENNETT
has at length been issued and copy OF
II Is before us. II exhibits the financial
operations Of tho State for tho fiscal year
ending September 80, 1871. Aglancc at
It's salient features, by comparison with
the report for the previous year, shows
the following facts. ,i ' W.
THE GENERAL TREASURY. .sr
Fiscal Year Ending Sept. 30, 1870.
In treasury at beginning Of
year. ...........,........ 1O,UO1 IN
Receipts from all sources dn.
ring year. .............." 66h32l IL
...L.igI... .. H.. --
year. ......,... =. C4a,O75 %
go" Total disbursements du.
ring year ............ 43O,555 II
...... --|
In treasury at end Of year. s. 2l3,4 0S
Fiscal Year Ending September 80, 1871.
In treasury at beginning of .,,, ~. =.
year. NEUTRALITY-SUSPICIOUS.. .S2l0 ,42U W
ring year. .. :" 57a5ss 10
Total resources of year $7S7,OOS 90
Total disbursements during
year. ................ GDoF0jV w
In treasury ut end Of year. ..$l2S,G77 &c
From the foregoing appear the follow
ing comparisons:
In treasury at beginning of
year '60-'70. ............. $76,654 IA
In treasury at beginning oil
year '70-7l,. 2l3i42O II
Difference. $lSG,7CO OS
Receipts during year 'G9-'7O. 1861, 1921 II
Receipts during year '7O27l. 673,5sS 10
a.. ---I
Difference. $G,267 Os
Resources Of year '6J-'70. {. $843,975 %
Resources of year '70-'7l. ... 7S7,009 60
Difference. ........... $143,OS3 OF
In treasury at end of year
B0-70.. ............. IA. $2l3,42O w
7oS71. ................., 1857 70
Difference. ............. $S4,742 80
From these comparisons it further ap-
pears that
The balance in the treasury at
beginning Of the fiscal year
Of 1901 was greater than
the like balance at the be.
BY tho sum o.. ...... -. $13G7C5 90
The receipts during the fiscal ....
year Of 1901 were great
or than the receipts Of the
previous year by...:. $G2G7 0S
And the balance in the treas.
ury, ut the end Of the fiscal
year 1901, was less than
the like balance ut the end
Of the preceding year by. s4,749 80
Showing the expenditures du-
ring the year OF 1901 TO
hc greater than those of the
previous year by. ~. 227775 80
OF which was paid on the
debt to the school fund. -. 4OS7 70
Leaving increase Of actual
expenditures =. $685. 1877 90
The total disbursements during the
tiscalycar Of 1SG0.70, were $430, 555 II; so
that this is an increase Of over one.half, or
fraction over 70 per cent. on the pre-
viOus year.
This is the exhibit rs 10 the general
treasury. Let us see how 1t is with the
DIsTRIDuTAELE SCHOOL FUND.
The amount Of this fund.at
the beginning of the fiscal
year of lSG0.7O was. go. : 97,440 43
Receipts during year. ....... 907,07G 81
Resources Of fund for the
Observation-Disclosures. $3O5,A1G Ga
The amount of this fund ut
the beginning OF the fiscal
year Of 1901 was. 80. 1858 25
Receipts during year. 500. 1912 IS
Resources of fund for the ,rs
year. observation-disclosures, P42l IOl4 w
The Balance Of this fund ut r sd Is
the end Of the fiscal year Of LII.
1SG0-7U was. ............ 24S, 3SS 20.
Same at end Of year 1S70.7l.. l70,9S2 SO.
Difference. .......,........ $6S,4O5 80.
From which it appears that the dis
bursements of this fund during the fiscal
year 1901 were $19O,5O9.75 greater
than during the previous year. Yet the
distribution made for the schools last year
by Supt LEWIS was not so great by $751;
sO6,G2 as that made the previous year.
Perhaps 1t would be well for Democratic
organs to explain to the masses Of the un.
terrified just how that is. 1t was then
said the receipts Of the fund had fallen
below the previous year because Of taxes
paid by the B. & o. Railroad Company
theprevious year and not paid last year.
But now with all the figures before us, It
appears that last years receipts were
short Of tho year before only $9s,s5O46,
while the balance on hand with which the
latter year was begun made up for this
and $12s,O97SG over; that is, as we have
shown, the resources Of tho latter year
were that much the grcater--in spite Of
which the distribution to the schools was