The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1875-06-04

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STATEMENT OF TAXES COLLECTED.
For year ending March 81. 1868 1894 GO
For year ending March 81, 1851 2e,6ss 10
For year ending March 81, 1868. $4,000 sc
For year ending March 81, 1869. 42.777 90
For year ending March 81, 1870. 55'174 33
For year ending March 81, 1871. 4l.605 10
For year ending March 81 1872. lO8.487 l2
FOR year ending March 81, 1873. 93.287 so
Is months to April 30, l874.... 97,l44 IS
-, Proceeds Of property sold.
Greenvil.e and Columbia r. r.
etock. .................S 5000 90
Charlotte, G. and A. R. R. stock, 1890 90
l,ooo shares c., G. and A. R. r.
o.s STOCK . 49,; cc..:..... 4o,1s7 so
222 %-9 shares c., G. and A. .R.R.
stock ................ s,sss SO
0as s'ock IN August, 1874. 5,257 65
amount: pouna .::.. $72,e52 os
Proceeds Of city bonds sold:
$2ls,7so Sa. bonds. IS 1s7,es6 SO
ArTIage price. :............ GA 10
The receipts from extra sources over and
acove the receipts from taxes up to the 3Oth
OF April, 1874, are as follows:
property sold. d.....S CT 3es AZ
Proceeds of bonds. l37'695 AZ
Bills payable (money borrowed). 53.478 rs
Cisy bills outstanding issued by
barnum. ............... 1873 95
Amouhe. .................. $266, ,OS4 81
AS partial offset TO this large amount.
the committee desire to mention the payment
OF past due bonds since January /, ISL, to.
The amount Ct $50, $4,000.
Bonds of 1872.
Or the S250,000 of bonds authorized to be
issued by the act Of March l3, 1872. the fol-
loving loving seems seer to be the disposition of them:
Donus soid. .:............-$ 2l3,750 90
Pledged as collateral for loan
from South Carolina bank
and trust co.,. % o5O no
Collateral for loan from T. J.
Jeter, on deposit at Carolina
national bank. nk....... 5000 90
Reported by mayor as in his
hands. ........ ........... 1000 90
~ S25o,o0o 90
The sales Of the bonds were managed in
such an indirect way that the experts en-
ployed to post the accounts found it
very difficult to make up perfectly accurate
statement of the amounts received from the
sales Of the bonds 1t should be accepted as
about correct, but not as being positively ac-
curate Mr.. Barnum, the late city clerk. pro-
fessed to be able to furnish full information of
whatever required explanation Int the chair
man OF your committee who endeavored to
get at the bottom Of the account Was never
able TO obtain from him any statement even as
htelliSible as his own books, which were Ger
talnly very perplexing in their entries. AS
made up. the S2l3,75O Of bonds sold brought
the sum Of S137 cni a.
The use made OF this fund was:
On the city hall .$Gl.4oS o.
Market house (blown
DOWN 80. o,3o7 10 7l.aac "a
Balnnce used for other purposes S66.3ae 40
Section of the Act of March 13,
1872, authorizing the issue of these
bonds, directs the Mayor and Alder
men to apply their proceeds, 'yirsi, to
the payment of any debts heretofore con-
tracted, or which may hereafter be con-
tracted for the construction OF the new Citv
Hall and the new market" and "seconuly,
Tor the improvement of the streets, the ex-
tension Of the water works, and for any
other improvements which shall be judged
advisable by the said Mayor and Alder
men This provision seems to be mandn-
tory In its terms and to forbid the use of
any OF the proceeds until the two objects
named under the first head had been nc
complished. The new market having been
abandoned, there remained ample funds to
complete the City Hall, and, perhaps ae-.
complish some other improvements The
account shows that over S66, 900. of this
AuAtA GttS Det.Il ulSeTtcu from 1tS legal uS0
and used in other Ways. The City Hall
remains unfinished and no money in the
treasury to complete it.. q ~
To illustrate the steady increase in the
expenses of the oity for ordinary purposes.
your committee have prepared the follow
ing table. showing the expenses of each
year in succession, embracing only the
ordinary care Of the city, and excluding
interest paid on the public debt, and aiI
special expenditures: m
Ex. year ending Maroh 81, 1886, $40. 200 OF
Ex. year ending March 81, 1867, 26.487 II
Ex, year ending March 81, 1868, 32,960 08
Ex. year ending March 81, 1869. 28'04s az
lEx. year ending March 81, 1870. AZ s4s, a.
Ex. year ending March 81, 1871 4Ssao "a
Ex. year ending March 81, 1872, To- 19S an,
E1. year ending March 81, 1873, 7s,975 AZ
13 months to April 80, 1874. 5'aet -
10 this general statement of exnenaea
your committee add the specific eIpendi.
lures under certain heads. embracipo thn
larger and more important departments Of