The democrat. [volume] (Weston, W. Va.) 1868-1874, 1872-01-29

NUBlulli on Tue HTst uAy oI JuuuuTy,
1861. after all deductions, was
S3l.779,OG7 80.
The same statement also shows that
all of said debt was expended within
the present State Of Virginia, with tue
exception Of S2,7s4.329 30.
Statement L shows that $685.
706 % was collected from counties
in West Virginia, after January LIST,
1861.
Statement F shows that the amount
Of expenditure for all purposes in West
Virginia was Sc, 343 Q29 90.
1--WE are not able to say certainly
what part Of this expenditure was from
tue proceeds of State bonds (nnd,
therefore, a part of the State debt)
and what part was appropriated from
the regular receipts " the treasury
We have had access to no data that
could determine this question. Our
letter 10 the Second Auditor at Rich
mOnd sought information on this point
in vain. But We have given Virginia
the benefit Of it all as credit on her
side Of the account, although the rcso.
buttons under which We are acting con-
template nothing on the part Of West
Virginia, but an assumption Of her
proportion of the bonded debt. mas.
much as 10th sections, aud particularly
Virginia, received appropriations out
of the ordinary receipts ofthe treasury.
1--WE have charged West Virginia
with all that we have found expended
within her limits, viz The amount Of
the funded debt created for improve
mcnts within her territory, the amount
invested ia her banks, tho amount cx.
pended on tho Lunatic Asylum at
Weston, and the estimated value of the
property known as the Lcwisburs Law
Library.
"On the other hand, we have cred
tied her with her share Of the estimated
value Of the public property and assets
of Virginia, other than the property
represented in the bonded ind!b.oi.
ness. This latter Cqualzes itself, and
therefore does not enter into the &c.
count. Virginia has the property aud
owes tho debt which i: represents.
We refer only to the public buildings,
institutions aud other assets as given in
statement G, As to West Virgiuia's
share in these we can only venture an
approximate estimate. The public
buildings, the common property of the
two States, paid for out of the general
revenue, wo have estimated u,
$3.50 900, as per statement G, and
it would be reasonable, we think, to
estimate West Yirgiuia's interest 10
them at Onc.fourth, ou the basis Of
population.
1.-THE same statement shows that the
surplus revenue Of the United State.
deposited with the States under the act
Of Congress. June %, 1886 gave Wiz
GINA S2,O37, 23T 81, orwhich sum she
appears to have received at leas,
81, 1872 500 80. This act assigned to
each State its share Of deposits on the
basis Of its representation in Congress
and Virginia having, in 1860, thirteen
representatives thrcO Of whom were
from West Virginia, it would seen,
that thrcctlirlCtnths Of that fund be.
longsd to tie latter.
ITO this share Of the deposits, and
her interest in the public property, we
add, as per same statement, her pro.
portion Of til, Library fund. This
fund at the date quoted in statement
G, amounted to Sl.5O9, 1853 lG. AS
i was apPOrtioned throughout the
State on the basis Of the white popul.-
tion, We follow that rule in assigning
to West Virginia three-sevenths Of il
ton in 1860.
Upon tue data thus asccrtaincd and
explained We summarize the account
between the two States as follows:
Dr..
FOrthe amounts
expended and