Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1882-12-07
The Finances Of the State.

The annual report of Comptroller-G Gene.
raj Bratton is full of solid facts and sugA
gesive figures. 1t is u complete record of
the financial condition Of the State and of
the operations in the several departments
of the government.
Under the Act of 1880 requiring the
Comptroller Geuerul to ex. mine all bonds
and stocks issued subsequent to January l,
1866. and which may be presented for lund1
Ing under the Act of 1873, the following
bonds aud stocks were passed upon
during the year ending October 81, 1882:
Conversion bonds, prlucipst and interest,
S33 ,945; bills of the Bank of the State,
principal aud interest, S4O,402; funding
interest, principal and interest, Sl6,303,
bills receivable. principal and interest,
Sl,a95; making altogether s92 ,235 The
irvalidity found to exist in these securities
was S2,062 So and tho amount allowed on
them was s90,1Y2.44.
The total bonded debt Of the State is
given Mt S6,57l 1926 .43. as follows: Total
Consols (vaIid) s5,420 o2s 81, total def
civncy bonds s5Ol. l.0o2.24, State scrip
Agricultural College sl91, 800, to be
funded for ante bclIum principal aod intera.
est, say Sl6B, ,92l.47, to be fuudod for post
bellum, principal aud interest, (all vaIid)
say SS5 .23T.50, to be funded for post bel
Ium, principal aba interest, Tpartly luvaid)
say SsS275, to be funded for "Fundsblc
interest,"" (partly iuvalid) say sl05, 1888. .6S,
to be funded for bills Of the Bank of the
State, 1878. The total Green cunsols,
bonds aud sto, ,ks, outstanding October 81,
1882, was 1882 39l 80, and the total
Brown consols, bonds and stocks, Sl,l53,
6l3.6G. Tho inVaIdi,y 10 Green cousoIs
amounts to S705 "77.02, or about 35 per
cent.
The General Assembly having author
lied the issue of certain deficiency bonds
and stocks, thoro will have TO be provided
interest ae follows: On DEFICIENCIES l870-80
500. Deficiencies 1881, 800, interest for
1888 on total funded debt of So. l23, ,720.79,
at per cent, 1867 ,423 rs, ana on S448,-
lO4 IS not yet funded, S26,8o6.2S, max
ing the total interest for which provision
will have to be made, 1891, 500 So
The net receipts at the State Treasury
from November l, 1881, to October 81,
1882, amounted to S773,SZ 43, which,
With tho balance of $39975.7l in the
treasury November I, 1882, makes the
aggregate receipts 1913, 3,805.l4
The expenditures at the State Treasury
during the year on old accounts amounted
to ll4,l29 IL aud the total current ex
pcnses 1882 008 OF. The expenses of the
Offices of Governor, acknowledgements.
Secretary of State. Comptroller aud State
Treasurer amounted to,,S25 ,s9l 40 office, of
Attorney General s4,7S4.S0, office of
Superintendent Of Educntion IS 993 rs,
office of Adjutant General. including the
special appropriation Of $4,000 for the
organization Of the militia, $l7.700 4o
legislative department 1876 560.50; Office
department 81 5to, s2e 92}2 n5S ja5 jjad'-
$50 53, South Carolina University 81 500
repairs to South Carolina Military Academy
$40 900, penal and charitable institutions
Sl20O03. State Iluusc and grounds,
81 500, registration, SlO,045 IS, counts
sons on Election law. oommsn carriers,
General Statutes and on Constitution,
81, l24.30, mlsoclIabeous accounts Sl6.-
672.8O, making the aggregate expenses OF
the State Government 1896. .228.l5
1t is estimated that II will TIC necessary
to provide for the meeting the expenses for
the fiscal ycar 1882 S3, Tor ordinary cx-
penses or the government S3O5 4OO. Tor
interest on debt 1891 500 .53, making
total of $685. 900 53. Tho phosphate
royalty should ylold Sl4O 900 aud the
probable surplus from the taxes of 1891
will be S08. 1874, leaving to be provided
$l6l ,8O2 06, which Gun be produced by
tax of 8 8 8 mila.
The vuiue of the real property in the
State is given at $85, ,S84 1858, the value OF
personal property $40, ,l8O, ITO %, tho
value Of railroad property !$l4,S77, 7,250,
maklog a total Of SlI5,442, ,293, an iuofenso
over last year Of sS,442,307.
In reference to tho colectioo Of Tie POLL
tax the Comptroller-G -General suys, that
"'Hbile DO case Of resistance Has beoh ut
tem pied or reported, there is stu consid'r-
able evasion successfully. practiood" The
net yield 6f tho poll tax aluounl"t during.
tile year to sIi4, ,438ooj and "the tctal'
f. = .