The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1876-01-20
STATE AFFAIRS.

Meeting ofstate Observation-Disclosures Of
Executive Messages Financial Exhibits
of Several of Our commemorative.
The assembling of various Legislatures and
the addresses of number OF Governors bring
us good many views IS well as facts on public
questions. Herewith is presented a brief sum-
mary of the financial exhibits submitted by the
various Executives:
MGirae.-The message of Gov. Conner shows
that the bonded debt of the State, Jan. /, 1875,
was $7,088, 4O3. 1t is now $5,949, 400. The
present net Indebtedness of the State deduct
ing the sinking funds is SIS, 272, 688.28. The
Bank Examiner reports sixtyAfour savings banks
in operation in the State. The deposits for the
year ending Nov. 3d. 1875, amounted to &c.,
O83, 314.28 an increase OF $1,021, 350.55. The
only remaining State bonds not finally dis
posed of are "a, 781 acres of settling lands I'M
sold, and 142 OCT acres for which certificates
have been given to settlers. The railroads
in the State are said to be in an improved and
excellent condition.
Neoo Jeasey.-Gov. Bedle, in his annual mes
sage to the New Jersey Legislature, recon-
mends that law be passed depriving every
person convicted of bribery of any kind of the
debt the only State debt, amounts to 81, 035,-
83328, deducting the sinking fund. The
school fund amounts in value to So 078, SIG, GA,
and the Agricultural College fund to $116, 900.
The receipts for the year from all
sources, outside of the sinking fund, were
So, IA, SO, and the disbursements, So, $685.
635.69 balance in bank, except sinking fund,
$308, 769.G5. The sum of 81, 225, 500, 81 has
been collected for the use of the schools and
81, 1926, 1921 has been paid for their sup
port, besides 1910, 500 toward school fund in
vestments.
Maryland Receipts into the State Treasury
for the fiscal year ending Sept 80, 1875, were
SO, 909 $50; balance in the Treasury, 1866, 100 !;
total, So 474, 1856; disbursements, SO, 436, 075,
leaving in the Treasury, 81, 038, III. Included
in the disbursements are 1894, 118 invested in
the sinking fund. The State debt over and
above productive assets is $5,304. 1877.
Massachusetts, According to the message of
the new Governor, Alex. FL. Rice, the funded
debt of the State has increased nearly four and
half millions during the last year, and to
meet the estimated deficiency for the current
year State tax of 81, 800, 900 will be neces-
sary.
Minnesota The inaugural address Eof John
S. Pillsbury sets forth in strong terms the duty
of redeeming the State from the stigma of re-
pudiation by taking action looking to the pay
ment of the old Vermilion railroad bonds. The
following figures are taken from the annual
report of State Treasurer Dyke: Money in
Treasury Dec. l, 1874, for the benefit Of all
funds, 1888, $50 receipts from all sources dur
ing the year. 81, 163 755.07 expenditures, 81
033, 509 balance in Treasury, $3.50, 245.29.
mississippi. Gov. Ames' message recon-
mends modification of the fundamental laws
of the State so as to bring about better feel
ing between the races. The State finances are
State beyond it's ability to pay is only half a
million of dollars The expenses Of the State
Government for the past year were $618, 000
reduction upon the expenses of last year of nearly
$500, 600; while the receipts have been $780,
900 over the disbursements.
Neao York.-The organization Of the New
York Legislature was a work of time, owing to
the extreme length of the oath taken by each
member that they had used neither money nor
other influence to obtain votes. Gov. Tilden's
message shows that the decrease in the canal
tolls for the past season was not accompanied
by corresponding decrease in the administra-
ton thereof, but secured only at the cost OF the
State. The falling off in tolls for the year was
ST. 021, 977, and the expenditures were 1886, O44
in excess of the receipts but this included ex-
penditures which Gov. Tilden characterizes as
extraordinary. The ordinary expenditures
would have left an excess of $638, 268 over or
binary repairs. Gov. Filden declines to recon-
mend any increase of tolls to meet this def
cheney, but insists upon more economical adj
ministration of the canal service.
Kepatucky.-The first annual message of
Gov. J. W. McCreery, of Kentucky, congratu-
lates the State on it's peaceful condition, album
dant harvests, and good financial condition.
The receipts of the Treasury for the year end
ing on the 10th of October, 1875 are shown in
the last report of the State Treasurer to have
been 1882, 7O4.28; the expenditures were
SO, 273, $780, leaving a remainder of $685.
330.47. The State is out of debt.
OhiO.-Gov. Hayes was not inaugurated until
The 10th inst, Gov. Aliens parting message
greeting the incoming Legislators instead.
The finances are shown to be in 8. healthy |
condition, but the railroad interest is some !
what depressed. The State debt on Nov. 10 |
1875. amounted to So, 949, 800. IL, and the mum
cipal indebtedness on Sept. l, 1875 aggregated /
S25, 957, 588.21. The receipts into the State |
Treasury from all resources for the year end
ng Nov. Is, 1875, amounted to Sc, 467, 263. 40,
md the disbursements to IS, OBJ, 1890, leaving
balance in the Treasury of 81, 429, 1882.
Gov. HAYES inaugural address recommends
he abolition of useless Offices, including that
If Railroad Commissioner. He also devotes
considerable attention to the subject of local
md municipal indebtedness, and advocated the
adoption of q law whereby the constitutional
provision relating to State taxation and indebt-
,dnes, may be made effective in restraining
municipal corporations from rushing head-over-
,ars into debt without any provision for the
payment of interest or principal.
PENNSYLVANIA Gov. Hartranft states that
Turing the fiscal year ending on Nov. 80, 1875,
he total amount of debt redeemed was 81,
'35, 497; total receipts, 1884 $50; total dis
,ursements, 1854, 448 balance in the Treas
lry, 1898, 207. 1t is estimated that the revenue
his year will be about 100000 less than last
ear, which would make the deficiency at the
nd of the current fiscal year about 81, 800 900.
nhe appropriations cannot be materially re-
luced and the deficiency must be provided for
ither by the imposition of new taxes or the
INVERSION into the general fund of some of the
evenues now flowing into the sinking fund.
louisiana to the message of