Vermont farmer. [volume] (Newport, Orleans County, Vt.) 1870-1877, 1872-10-11
VERMONT FINANCES.
The report of the State Treasurer shows
tho following figures:
ACCOUNT OF 1901

lnc ItpOIJ VI inc ptllc lIciSuItI SnOWS
tho following figures:
ACCOUNT OF 1901.
Balance in the Treasury Sept. |, consisting
of bonds, sinking funds, and cash, $3.50, 532.
50. Received from taxes, 1856, 6i282; from
sales of military stores by Gen. p. p. Pitkin,
Sl37, 729.7l; from registered loans issued,
Sl36,000; borrowed from sinking fund.- $685.
1861; and from all other sources sufficient
to make tho total receipts for the year ST.
2i2, 027.9S. The principal items of expendi-
ture were, for debentures of legislature of
1870, $40, 4OI. 20; auditors orders, 1927, 81 =
81; court orders, S62, 912.60; loan of act of
1861, S25,000 interest paid on bonds, &c,
$50, SO; registered loan Cancelled, $780,
600; for coupon bonds, Si7l 500; for sinking
fund, SIT, $40. 70; and other items, making
the total 81, 242, 027,96. The current resources
at the close OF that financial year were the
sinking fund just named and S7,050.32 due
for taXes-in all SlS4, 900,05 and the out
standing liabilities were sos, 90470-leaving
the sum of SS5, 995. IS us the excess aof re-
sources.
ACCOUNT FOR lS7l-72.
The balance of the sinking fund, less
amount transferred for current expenses, was
Sl30, 1903. I2; received from United States on
war claims, S56,502. lS; from temporary
loan, 500, 900; from taxes, S507, 1876. SO; and
pthti 0pNLNN' Ah''N'ho Wv NN'''' 'NN~'l'''
| 1897, 29I.29.
The expenditures were for auditors orders
| S236, 52.96; court ORDERS S5S, 76i. 50; inter-
est, 1874, 3i4 26; for bonds, $5S,000 for tenn.
| porary loans, 1858 1000 balance sinking fund
on hand, 1854, 35l .O2; and balance cash in
the treasury, Sl75, i79li, with other small
| items balancing the total receipt. The cur
| rent resources ut the close of the fiscal yeal
were $780,, 979.6l and the current liabilities
| S333i0. 30-lcaving the sum Of S332, 1898
us the balance OF resources.
ESTIMATES FOR 1884.
The estimates for 1873 are for extra State
| pay to soldiers and allotment accounts
$4,000; interest on bonds, &C., 1871 700; or
| binary State expenses, 6,00O-makins
| $3.50, 700.
The estimates for 1874 include items fol-
| the above payments, and 100000 for re
demption of bonds due in lS7i-in all 1892,
500
FUNDED DEBT.
The total amount outstanding, after dc
Quoting the loan of 1890, $685. which i
held by the State, and represents the Agrlcul
tural College fund, is only S380,000.
The funded debt natures rs follows: DE
cember |, 1874, 100000; December |, 1876
Sls6,500 December |, 1873, Ssl,5O0.
The Treasurer says:
An amount of bonds considerably large
| NOlllNl DttNt bttll NllIlHP liit Ntit
but for the unreasonably high rates asked 70
them by the holders; in view of which fac
the treasurer would recommend that no fur
thcr appropriations should DO made for tn
purchase of bonds in anticipation of thei
maturity, and thus reduce the tax to tn
measure of our current yearly expenditures
In pursuance OF the provisions of Section
93 and o. Chapter %, of the General Stat
utes, Il new apportlonment of the United
States deposit money held by this State, base
upon the Census of 1870, was made in No
vember, 1871. The whole amount of tn
fund held by this State being S669 Os6.79 ant
the population rs returned being 330.53
gives 80. OF 45-l00 per cdpitt. In making tn
new distribution S5O,023l7 was collecte,
from one hundred and eighty towns an,
cores and paid over to siXty-eight towns nm,
cities. The treasurer takes pleasure in stat
ing the fact, that his calls upon towns whicl
were found to have an excess to be refunded
were promptly responded to, which enabled
him TO complete the new distribution withOu
unreasonable delay.
| Since the estimates of 1870 were made, til,
sum of Slti ,2i6 80 has been received for salt
of military stores. and the further sum o
| $50, 500. Is has been received from the Unite,
States, on account of our war claim, making
5000, 7iS. 50, which by the act of the Legis
lature was appropriated for the purchase o
bonds; but II small portion of il has beer
thus used for reasons herein stated.