The Palatka daily news. (Palatka, Fla.) 1884-1888, 1884-04-01
EIOrida'S Resources.

give IlldtlOII GOiISLGlIJlN ttl lOI
/ by prospective settlers in Florida:
The taxable property of the State Of
Florida in 1880, was $31, 157, ,846: in 1888,
was 500, ,249, ,302, showing an increase in
/ three years Of nearly 100 per cent. The
state tax, inclusive of school tax, in 1875.
was 123 mills; in 1884; including school
tax, 1 mills. The school tax referred to
referred to here is a tax Of 1 mill provided
for by the constitution, and is in addition
to the school taxes raised by the counties.
This latter tax, is regulated by law and
. at present cannot exceed 4 mills, nor be
less than 2! mills.
The industrial resources of the state
may be partially summed mp as follows:
Sea Island cotton-number Of bales
raised, $4,000; principally in the counties
Of Alachua, Marion, Levy, Columbia,
Suwannee, Hamilton, Madison, Bradford,
Baker and Clay.
Short staple cOttOn-number Of bales
raised 60, 600; principally in the counties
of jackson, Gadsden, Leon, jefferson and
Madison.
The common school fund of the state
is derived from the sale of the sixteenth
+ (16) section, $40 acres, in every township
donated to the state by congress.
Amount of bonds in fund January
1852 Observation-Disclosures. S2s0,UUO
Amount of bonds added to this fund
from 1882 to 1884 ................ T13 700
Making q total investment Of.......... 428, ,9S4
The interest upon which it is appor-
toned according to population of scool
children in the several counties in the
state.
1t viii be seen that this fund has in
creased more than rs per cent. The two
hundred and fifty thousand two hun
dred and eighty-four dollars referred to
as the amount Of bonds in fund in 1892
was the totalaccumulation from the date
of the passage of the act of congress do
mating the land, in March, 1916, to the
first Of January, 1882, a period Of thirty
seven years. Previous to 1882, $3.50, ,284.
For two years subsequent to 1882 $178,-
700.
The figures below will give soma idea
Of the states bonded debt.
Amount of Z per cent bonds maturing
in ................ 1850 GOO
Amount Of per cent bonds maturing
in nl908......-....-...................-. 925, 900
Total ......... 81 ,275,O
Amount Of bonds in sinking fund. 1910
Amount of bonds of other states and
a% Sf}4@S} belonging to the sink l1523ss 52.s9
Net Netde6t..,.................,.........S1, S1,O758 868
Of the bonded debt Of the state of
Florida the amount held by the Ed
ucational fund Observation-Disclosures. 538,OOO
Leaving in the hands of individuals. 537, ,8G8
The number Of horses and mules re-
turned for taxes in 1882 is........... 37,O7G
Number of meat and stock cattle re-
Juncd for taxation in l883..... 55S, 1865
Number of sheep and goats returned
for taxation in IS83................. lO3.587
Number ofhogs returned for taxation
in nIss8................................... 27,737
The miles of railroads in Florida are as
follows:
I'm operation in the year 1880. .......... 537
in operation in the year 1882. .......... 1852
In operation in the year 1888 ...... 1924
The following is a statement Of the ex-
penditures by the state and counties for
edcutional purposes:
One mill state school tax provided for
by the constitution. ................. 5 5000
County taxation to support schools 1896
Interest from school fund and semi