Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1893-02-26
CAROLINA FINANCE.
ESTIMATED REVENUES AND .ExPeN-
DIrURES FOR THE YEAR.
The Penitentiary acknowledgement
Appropriations. sss5. ZOO; Rscs'pss'
as9O, O0O-Professors In Session.
1sp.c,al ,nlarram 70 ,he pIsp.tcn.l

RALEIGH. N. c., February 25.-Your CORE
spondent to-day had an interview with the
cbairmcn OF the finance committees re-
oard:ng the estimated revenues and ex-
nenditures. The taxable value OF proper
tv upon which the estimates are based Is
s2e2 900. 600. though this will be increased
! nv the tax assessment June lst. The tax OF
| % cents on property Will yield about $780,
900 for general purposes; tho pension-tax
| Of cents. 1913. 900; the school-tax at 10
cents (though efforts will be made 10 IN;
crease n To 1877, S393,000. The special
| taxes are estimated at S20O.OO0 Inc
receipts will meet the expenditures estl-
mated for and leave q working balance.
The principal items of expenditure Tor
each of the two years for public institu-
tions are as follows: Insane asyiums-
Western. S96. 900; Raleigh. $4,000; East,
ern. 1000: total, S209.000, Greensboro
Normal School, ST., coo: State University,
S9O. 600: Deaf-Mute School, $40. 900; Blind
Institution, $4,000: white Agricultural
and Mechanical College. Sl7 ,5O0 colored,
81 500: white Normal School at Cuilow-
hee. 81 800; cOlored normal schools. H.
Guiding new one at Durham. $4,000.
NONE ASKED FOR.
It will be noticed that there Is no appro-
priation for the penItentlary. 1t is do
cided that none will be asked for. At the
first of the session a bill asking for $780,
600 a year tor the establishment Of an iron
foundry at the great prison was prepared
and was before the committees, but the
sentiment was unfayorable 10 1t. Inc
directors have concluded, in view OF the
fact that railway construction WORK is IN
sight. not to ask for anything for l5J3-+
FOR ALL PURPOSES.
The total appropriations for the current
year for all purposes are SS75,OOO. Inc re-
ceipts will be about Ss90,OO0. OF these
about s65, 600 are back taxes from the WI
mington and Weldon railway. The stock
holders of the latter have by an over
whelming vote ratified the act or agree
ment as TO the tax settlement made by the
Legislature and President Elliott of the
Wilmington and Weldon, and Governor
Carr is so notified.
After q long debate to-day 1t was agreed
by the House that the pension tax should
be instead of cents, and that the tax In
the revenue bill on building and loan asso-
Citations should be stricken out.
ADJOURNED.
The State College ASSOCIATION adjourned
this evening. Fifty members attended the
session. The features OF to-day's WORK
were the reading of paper by Professor
Poteat, of Nake-tores College. on Inc
Influence on the College Curriculum OF the
Introduction of Natural Sciences This
was discussed by Professors Pegram.
Alexander. Armstrong. and Withers.. and
President Shearer, of Davidson College.
The latter and Professor Alexander read
papers on college Comfy which were
discussed by President Holiday. Of the
Agricultural and Mechanical College, and
others.
OFFICERS ELECTED.
Tho following officers were elected
President. Rev. DR.. j. b. Shearer. of Da-
wilson: Vice Presidents. Rev DR.. John +:
Crowell of Trinity. DR.. l.. l.. Hobbs of
Gultord. and DR.. W. S. Long OF Elon; Sec
rotary. w. A. Wlthers, of Raleigh.
Secretary Harrel, on behalf Of the North
Carolina Teachers Assembly, invited the
association to have a college-day OF More
head City next summer, and the invitation
was accepted.