Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1875-01-03
communicated
ORR COUNTY FINANCES.

OH COtNEA
Ahealhy financial condition is of as
much importance to the community
as is a sound state of the blood TO the
individual. In fact, poltico-economists
have very aptly compared the two
an atrophy of vitality being equally
fatal in either case. The oxygenating
principle OF accruing taxes is, to the
State. f~unctionally the same as is the
revivifying air of heaven to the human
frame, and where the supply be INSULT
cient a physical or communal mias-
ma sets i'll. ending only in bank
ruptcy. either individual.or national.
\ people being an aggregate only OF
separate human units, should. like an
individual, gauge its expenditures by
the probable amount OF its revenue.
Circumstances. it is true, may arise
which render nugatory the very best
of intentions. and taking counsel of
necessity. we may often excuse a dere-
LECTION on the part of the community
which we would deem extremely rep
rehensible on the part OF an individual.
Sutil Il GeN ldllOIl -. illoltoNt is oittu cll-
tirelv rational when we reflect that the
life of a single human being is to the
life of the state as time is to eternity;
the one is finite. the other infinite.
Our Young county is, or rather has
been. very much in the condition of
the youthful householder making
ready a homestead for the present and
future requirements; a greater expen-
.l;-,,rN -, ,,naA--,rx- aud ,t1Ny-plIn Of
the start than will be requisite here
after. Under this view of the case,
many of the OUTLAWS ofthe Commission
ers. we think. appear to be the result
of a true economy. The county need
ed a court house, Jail. and offices.
These, of course, neceSSitated a con-
siderable expenditure. Twenty thou
sand dollars We're borrowed for the
purpose, which. as the result has
proven. was insufficient to meet the
calls of building, and gradually ac-
cumulating cash or preferred salaries.
Well. what has been the result? Nat
urally the county has run somewhat
in debt. but by nc means as much as
might have been anticipated.
Let US count up some OF the. so to
say, housefurnishing OUTLAWS of the
county. First, we had to ssume our
proportion of the Lander county debt,
viz: some 81 900; second, running
the boundary, about $1,000; third.
transcribing the records, $4,000; fourth,
a complete set of books, about $4,000;
fifth, building the Jail and putting
the courthouse in order. about
$4,000; and lastly, about 81 200 for
printing election blanks, which, since
they will last for at least two or three
wears, should not be debited to the past
administration. These make up a sun
total of ST. 900; and if TO this we add
the expenditures necessary for police
regulations during and after the July
flood. with bridges, work on the road.
etc. due to the determination of the
utionality of the road tax, we
have a grand total of "stock on hand y
of something more than $4,000 This
amount has been invested. SO to speak.
in judicious. permanent improvements.
and to these none but Independents,
g sore-heads" and captiouS carpers,
who would steal the livery of the
Lord to serve the devil in can justly
take exception.
The total indebtedness of our coun-
ty up to January lst, 1875, aggregates
the sun of % 1874 81. This amount is
divided as follows:
Bonds issued......-."-"......... 10000 on
Allowances against General fund. 2i,52l D
Allowances agalns Contingent
l0,"i2 n
Allowances against Hospital Fund 2,3il o.
81 ,S24 d
1t will thus be seen that we have q
floating debit, consisting of certificate,
of indebtedness. commonly called
County scrip, of very nearly SIS, 900
The act authorizing the emission o.
our bonds had embodied in it the reg.
ulation OF interest and the necessary
steps for the ultimate payment of the
principal. We have, then, compared
with other counties, a very small loaC
of debt to carry.
Now, what is advisable under the
circumstances? In case We acquire
the strip of territory, through which
runs the Narrow-Gauge Railroad,
which justly and i'll all fairness be-
longs to us, since Eureka furnishes its
principal trade and was the motive to
its construction, we shall acquire a
very valuable taX-payiny addition to
our present resources, but must. as an
offset, assume, likewise. our due pro-
poEliOIl vi Tue Indebtedness Ol EIkn
county. | assume that the income OF
this territory will be, at least, an equiv
a!ent for the burden we shall resume.
II Will. probably, however, be more
thar an equivalent, and for the pnr-
pose Of considering the present Eureka
county Indebtedness, | am warranted,
therefore, in designating it as a factor
in our calculation.
AS a matter of fact, then. consider
ing both the smallness of our debt and
the probability of a certainly largely
Increased revenue during the coming
year. 90 not deem it a matter of press
ing necessity that debt should be
funded al all, nor, in my judgment, is
it likely that the Legislature will SO
conclude. II, on the contrary. it
should nevertheless be deemed desir-
able TO fund, l would beg leave to sug-
gest the following plan: Let an act he
passed empowering our Commission
cas- to ssue bonds, say 10 the amount
Of $4,000, drawing interest at say one