Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1879-09-18
The State Debt.
HANOVER Co, Va, Sep!. l6, Isl


10 tie ct}itor of the Alexandria Gazette:
DEAR SIR: Finding such discrepancy il tho
estimates Ct the publia debt, 90 made By v2si.
Gus writer's and speakers, and deerlrg to be
relieved Of sill uncertainty and doubt CO the
sgbj.ct addressed tho sutjoinea il!errcsa'
tons to our accomplished Auditor, Col. VIM.
+. Tagior, ni:h r;Qua5s that he would answer
them. Thcy were 1at Designed Tor puhIica
lion, bus the reply Is 80 suac:pct anu lUc.d.
ADD presents the @tole question il sucl sin.
Die and comprehensive turn that | csGnot With
ho!l il is1m tho prtl!c. tts:etlre Gubs.it
tic paper 10 you f.r publication 10 the Co.
Z.sto. Very truly yours,
Il. Is ANDERSON
RICHMOND. VA, Sept. l. 1879.
DR.. l.. t. anderson
hiY DEAR SIR Gaaj, with ibis, the siaIa.
nens you request. Hastily, and very truly
yours, VIM. +. TAYLOR. Antior.
J. Wha! vas tie anouc! OF the bonded deb:
of Virgins A. tho timo Of tho adoption Ct The
fdnding bill Z Answer. $45,IlS. 1929
.. What amount wsS eprorlioncd 10 Viz.
pinia? A. $50, 1871 40. Reduced at this
time by operations ii the si5haE !uod 10 $29,.
294 6jS Of.
3. Wins. amount was srpo:tia7el 10 West
Fireioia2 4. $l5,239, 370.14. Tossi S45.7lS.-
1929
4. How much was funded ia o:upon bonds
A. 10 coupon h0a3s, tax receivable, 800.
224 SIS So
5. How much was iuaic! in pca.cr bo7ls
A. 1922 G79G9. Remaining urtluded, trcst.
Cd az funded, amounting 10 $5,Ci7 ,4G2. 81.
Tc;al S29, 2294 G5S.05.
e. How uuch Il t!i3 aggregate Vas iaie72st
A. $S,637,243.93.
!. What Wcs tho amount OF i1tsres, gu, CT
pceler5 aud ether bocds when the MoCulisch
bill! Tas adopted &? 4, So, 1888, GS2.4G.
s. What will be tia Guou1t ct interest ra
Init,cd uoder that bill? 4. $3.50, G9l.ao3.
Q. What will be tie amount Of tie who!,
cCbt readastcd G1dtr the McGuEech bill? \.
! $3l, Ell ,349.29.
10. What Was ihs aMou1; OF iaterest psi! %
ccupoGs auRually? y. Fer s!c yasr 1873 .la
| amount was 81 .2l5 CTS.
II. What will DC tbs aoura! interest Oh the
whole Of thi2 debt g. p2r c.? T.. $935 l4O.4I.
IL. Hon nu,a less viii! this b. than tas an.
| nu:l amount raid 10 CcupcGs nGd:7 the t!acjag
bill? y. $27753753
IS. low mu:h less thaa TIC whc;a icitraas
or tbs b7cded debt CO ec,Tuirg from brA
! classes ot bouGS? 4. $S0l, 1855 %
Il. Wkst is The amount ordiac'i2 tSpcai
| Cd i2r tic State gcvsrGmeu!, pcIn3icE all eS,
pcpscs savo to public schools aaG interest OF
bonded debt? 4. The total crt3arg d:.Su:sc.
| meets, expenses Of cnytrou?cat estimated FIR
tie fiscal year lS7S.'79, is SITS. GSS 81, bnt 70.
the year lS79'S0, unJcr ;ha ra:::nohmo ns ia9 II
| is estimated to be $500. 5SS
-. Haa: is the oTciGaEy smolr; au9Q:;i3l-
&c 20 public schools? A. $!97,7S2 IS.
l6. When all ordinary expenses SIC paid the
apporlioDmcDt 10 pubic schools asccrsained ,aod
thc per ceat. ilter!s: On the pubic debt pr,.
v!dsd for, whist. II ary, surplus will remain IL
| the treasury, should tee iccomn from taxes b.
| this year, from Oc:9b;r |, 1879, to Soptenl-
b:r so, 1880, what it WIS last year 1S77-'7S
| 4. Tho oIdioafy income, balance Constituting
| receipts !r1m oil sources. exclusive Of temno-
rary loaos, for the year lS77-'7S, was So G3l,-
GU %. The estimated ordinary expenses of
government for lS79-'S0, 5000 SIS. Tie Az
portio0mcut 10 tho pubic schools, cstaalcd,
$4977S2 S.. Tie per cent, interest on the
public DEP: provided for, $93S. 40 II. d..
| Quoted i;ou the ircomo. 50. 1851. 80 leaves
Surplus Of $5l5. lG0 So