Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1879-08-11
made 10 the accouai CT current tyyenscs,

Jealous hn1 EXHAUSTIVE, S:iu lry III every item
oi pub:.c EXP. oGi urc ~as MATE, anG, wal.
uHars:'Gg tGuG, eS,FS sufrfrflu jus ca la i7as
2ruaed, Vsr3 dlsp9usaba Cfiee abolished nEd
macy salaries we're aiurisbcG, aud the aprro
pr!A'inn hi!! tor the cu:rens year (see Acts
1859, gage 2ll) disooscs the result in 20
aggregate expense account OF only $500 533
trcm which, In estimating current expense
proper MUS. be deducted $50 600 arprorra.ed
10 the enars:t mGEt oil tho II stern Lluatic
Asylum, $5l 900 for the onlurscmro5 If the
Wa:tcra S,iuG!, aud the half OF the $50,
0VC appropriated or legislative exra1scs--:og,
the sessions beiGg hens firth hi cuaia tBis
| eXn@ncl' ure ~! be encountered oaly 0lcc iG
| Two years, Wish these dcLuc:ions, the Annual
! OBITUARY rGpcudi!uf" ii tic G1yIr.meD,
slGJun.S 10 $3.50 533.
mat the ordinary expenses III The S:atc
HoVernrlcn: need Get exceed this sum 10 the
| u.urc is demonstrated by tho recent cummu
| nioatIOr II the Auditor Of Pubic Accounts,
dated AUGUST l. 1879. in reply 60 ; Senate
| rcsoIu lou, by which nc csinatts the oydioary
cx""ns,s of tie G,ceruueas for the year
| 1879 50 a; $3.50, 5SS. ia vi ich i. will bo secr
ta Includes $50 600 !oG the expenses Of The
Genrrai Assembly for the coming session, tfi.ich
@liI lnakc tiaat body ony Cos, $50 GOO Der an-
uun. therahy reducing the Ordinary expens.s
to S65O,5SS. Il will DC ro:ed that this esti-
mate OF tie hui!tor Is Ors.d upon tho lrsc.i'
cal results OF 'he retrcUcbmcut measures Of the
session Of 1877 rs.
| his cuiuog down of expenses WAS Indeed
trest!ng .Eavc public q4tst!ru Hith heroic
tatd bu9 uudeG the circumstances il Was as
54lG'arY as Severe, ACT proved the sincerity IF
the parry pledges OF reform. Tie f.r Glore
important difficulty OF reducing the annual in-
| m ma ;phr h. II
| Pas5.G--,he Barbour blIi-malr Oh preieGee 0!
L rcduc@ loa o! this item |. Was sia.plY bill!
10 aDp0Ttlon the revenue, aad confegso?y
would not save dltginished the annual 4; hcit
cnc dollar. 1t vas vetoed BY the Governor op
the ground that 1t YES unconstitutional, and
failed CT passage over that veto. Thergupon
what vas Eocwn as The "Bccmck- Ter bA'
@ss passeu-apnrGvad March IA, 1878 (Scss.
Aeta 1877 rs. u. 230.) This was tender to
| INC nn1!c oredlI0r OF 4 now n3u TX bic bend,
| D1af!tG iptefea; al ) per c.. Tor eighteen years
aud t per Oh. Tor thTty-!W0 yeGis, in exchange
| io' tie outstanding BEADS OF the State carving
per ctnt. oh"r!iy alttr is passage the Leg
lsaiure adjourned
.: It's rcasscm5ug il December 1878, il
| was asccrtc,Dcd THAI no creditor had accc pied
the terms, and such was the apparently irro.
conclIab'c diversity If opiniou witch had been
cIsclotei IN the discussions ir The body that
compromise seemed DOW hopeless But our
party had assumed the burden Of that settle
tnrnt, act ucder the strong appeal of TIC Gov
ernor in his message Of December + 1878. &C
cOppanled by propositions from persons rec
rcson,ing creditors made through him to the
Legislature, the Assembly resou;cly resumed
the task.
BY olot resolution s!p:oved January Is
1879. (Sts.ion hc.s 1878 9, PAGE 90 the
Creditors anG Ihcir aecn:s were invited 10 re
sume pegusialOus With The Assembly co the
h2sls OF the Conservative platform oil Au.ust
lSiI-'!hat such speedy, just. ai Gca set
tiem2rt of the public dtbt should be ccnsum
n!a:ed az will b,lng the payment OF he Interest
Is uc'ed ;herCon Within the ability Ct the Com
nlopWralth.'
The result Of these pc2otiatious aad of tha
GlscCsSlops which e0sucd thereon vas the
present settlement, lamjarly knowo as the
1cCu'loch bill, under which the creditors are
no" rapidly funding tho entire principle Of the
,!cbt aad ore half OF their past due interest
(siVlnE NJ the ether halt II 3ew bonds, Don.
taxable (Cs the BCcurk Fowler bill provided.
hs0Irg forty years 10 run aftcr January l. 1879
ahcu hey arc dued, bcariog itercst ut 3 Der
cent. for trn y"srs, 4 rcr cent, for twenty
yoaCs, acd per cent, for tho remaining ten
4
cclvablc Tor all tHXs 3.bs aud demands due
| toe Safe.
| Ibis settlement, Which has beer accepted by
the public crs d!,ors with a prumptn; S. beyond
| the CXppetallHn OF ITS most sRrgpipc hi.pds
| meets all the CONDITIONS OF the Cuueclv.iig
| plai!.rn. The new bonds arc all Of one class.
AID their will be 10 distinction between the
holders Of them; and that the payment OF the
intecrs, on tho refunded debt will b vi hin the
ability OF the State wrhnut 81 increase OF taxa,
ton is demon s;rabe.
| The year ending September 80, 1878 was
the first year Of f:ic test Of the mutielt LIQUOR
tax, ecG the rcyoUuo ct that year. with du
| ducon to be hyIcait,r stated, offers the most
reliable standard By which 10 measure the full
locome Of the Commonwealth. Tho iuoo,nc cf
me State that year. exclusive Of loans, was
50 G3l ,GI2 %. (Commru;catiou Of Auditor Ct
Pualc Accounts, Senate Document II. 1878 81
| From this deduct the TX on couso bonds
winch is now abolished or tho new bonds aud
sshl1h tgr that gear amcGgied tc $G6 500 l6
| Report OF Second Auditor December 5, 1878
6ouatc Document NJ. 3. Q. IL. This leaves
] Inc oct Revenue Of the CommnnWeaIth, avail
apin ior the public burdens, So 564 $50 %.
| Tho Expenditures arc:
| lst The expenses, ordinary and ,Xiracrdi.
| cary Of conducting the Guv,rnmeut.
Tho ordinary expenses for the current year
| (aud The future will diminish. Got ausment,
them) are, as shown before, $3.50 $50
Tho eZtrair, irary txnepsts have fuc uaed
greatly, and we may c1uciude that they will be
reduced 10 the futurt; but following our plan
| OF adher!ag to the hRur $, and hsz ,rdlug no
COZ scture5. We place them at their average ter
| thr years which have passed since the restora.-
ton OF tho Government. This is stated by the
Au !itor in bis report Of Jaousry % 1879, at
Sl4 $50 67-mGkiGg the total Expenditures,
Ordinary and extraordinary, 1858 9U2 81.
q. The annual amount due the SCHOOLS.
This sum, under the provisions of law which
fixed the quota Of The schools is asctrtaibed to
be $497,1S2 S5 lR>pnrt OF House Committee
90 Fioaoce, January y 1878, psgeT.)
.. The Interest Oh the public debt.
Ii every unredeclIeG obligation of The Com.
monwealsh due to general creditors and to tie
literary fuod shall be presented. the principal
Of the public iebt viii! amount to $30. 1876 203 81
lCommuoicstinu Of the Second Aucltvr Janu-
airy u. 1879, House Dec. NJ. s. page 3
II every dollar Of tie arrears of Interest fund.