The Rutland daily globe. [volume] (Rutland, Vt.) 1873-1877, 1874-02-20

W tne IaSt annual meeting. strong was
one of the five hundred dollar bounty re-
cruits in the army from Rutland. We
have investigated the matter and find that
the amount of the bounty was expended
by he town for the family of Strong, and
decided that the town should not pay the
debt to Mr.. Pierce, and ihnt he has no legal
claim for the same.
CLAIM OF JAMES THOMPSON.
This was claim for bounty, and was
referred to the sclcctmcn at the last annual
meeting. We find that Mr.. Thompson has
no legal claim in our opinion. and no
equity that distinguishes his claim from
that Of other soldiers from Rutland
FINANCE
We have drawn orders during the past
year amounting to Sl2, 1881, which may
be found appended 10 this report
OF the above orders, we drew to
pay debts incurred previous to
this year.. ........."..".... - S,l06 81
To pay current expenses for the
ACKNOWLEDGEMENTS" 3,g3S 90
Add to this sum orders drawn
for support of the poor...... 1911 %
Salaries of town officers csi-
mated on basis of last year.. $50 90
Interest on town debt estimated 5000 90
Total expenses for the year. 81. 2G0 IS
Our grand list being but little over $40,
900, 1t will be seen that a tax of 80 cents
on the dollar of the grand list Is required to
pay the current expenses of our town, and
in order to reduce the town debt or pay cx-
traordinary expenses if any should arise, II
larger tax must be voted.
We call your attention to the repor! of
your auditors for detailed statement Of
the finances Of the town; and from their
report it will be seen that the debI of the
town amounts to the large sum Of $l21.-
103 a. This shows an apparent increase
of the town debt during the year but it is
only apparent and not an actual increase,
and Is occasloned by the fact that the audi
tors have embraced in their statement Of
liabilities this year the item Of interest To-
accrue daring the ensuing year $4,000,
which was not included in their statement
of last year, and we have paid the claim of
f. Pierpoin, S975, on his bridge contract,
which was not mentioned in the last years
statement of general liabilities, so that
there has been Il small decrease OF uur
debt this year
We would also call attention TO the re-
port of the auditors showing the amount
of dc3t that will mature the ensuing year,
the same, including current expense. be-
ing sos, 496 o..
We join in the recommendation of the
auditors as to the manner Of raising funds
to meet our accruing liabilities. bnt not as
to the amount of tax that should he voted.
We think the time has come for the town
to begin the payment Of its debt. While
other sections Of the country have suffered
more or less in their business and finances
during the year, we have enjoyed at least
an average prosperity and growth, and we
think the ensuing year will probably be
more prosperous than The past has been.
and the best time TO pay debts is when Il
people enjoys general prosperity. We
therefore hope tax of 100 cents on the
dollar on the grand list will be voted
In regard to the litigation in which the
town was party wc would refer To the
report OF the agent for prosecuting and de.
Tending suits.