The Caucasian. (Clinton, N.C.) 188?-1913, 1898-04-21

rr~p-s,, r.- r.--a-- ss.s ..s sssA..
s.s'-r- -s r-sils ,-s----s
RALGIoH. y. G.. J>u. I. lsS-.
To Hn kIeellcney, u l. kvs~sII.
Sik la aecordsncs siis legal re-
auirement. have IN. honor % sch
nat hersui'h to you. and teroask
you To the General Aseeb bly,. the On.
nnal report OF the nsaneiai trassse-
tions o! the sia,. for the year ssd
ing Novemesr -s,,h. lsg..
sssr,e-e.sss, s-~~sss
The cAah balance IN the kssds of
the STATE Treasurer 10 shown To bs
s93 ga a.. This report. hosevss.
credits hin WITH too items Which
have not b~en paid and are pos IN
litigation, and which. AZ not col.
lected by the elaimAnts. vill sassd
ss . charge Agaiesf the Treasurer ls
favor OF the State. The issos rs-
ferred To are warrant No II .6-s for
si.s5l 80 and warrant No. ll.sis fer
s.59 -. Thes- warrants ueie craoa
by the former incumbest Of tLis Of
hce IN the month Of Deeem her. 1886.
to cover alleged bilis OF cost IN shst
Are known - Tue Pamiieo and Cai-
teret oyster cases" The cta,s TrsAs-
urer declined 10 honor them on 90.
count 10 his opinion. of the non -sx,s-
tsnce Of sufficiently explicit and man
datory law TO author such expsn-
diture OF the public fund. IL has po-
sitian shall be- sustained by the courts
where the issue 10 noU being coutsss-
ed, the sun total Of these too itsms
must be added To tL. cash balAncs
shown 10y this report. spd IN such
event the total balance Sill be s.yy,-
SIS O..
the statement OF the Educational
Fuud shows an excess of disbufss-
ments over receipts Of .. Gal as. THIS
copdition Was created by the Stats
Board Of Education 10 appr"priating
TO the public schools the upiavssted
assets Of the fund. Aa apportiou-
ment OF nine cents per capita sas
thought desirable and decided upon.
and to realize . sum sufficient 70 ef-
feet such an apportionment, IL Vas
necessary 10 anticipate q nominal
amount Of the receipts from the in
terest on the invested assets Of the
, fund, which receipts, IL Vas judged,
, would be realiz I'd before the rsturp
; Of all the warrants, distributing the
amount apportioped. TO the Treas
ury Department for payment.
Ia Statement i, OF part two. % will
be noted that dogs are reported by
, some counties rs subjects for I'd va
!, loren taxAtion. IL may be proper 10
remark here, for future references.
. that this species Of personal proper
!; " Is not . subj set of general taxa
ton ip this State. Provision 10 made
by Section =. J02, Of the Code. for
voluntary dog tar, the purposs being
to constitute . "tsI paid" dog . sub
jsct Of larceny. The tar, however.
. IS arbitrary and specifi, in amount
!, per dog, and the entire proceeds Of
|, such tax can be properly applied 70
!. the common school fund only. The
iuegularity appears iu this report
: - . const a uence OF accepted returns
from various counties found In this
Office by the present sdministrat,os.
q Taass,s yaia.s.
J The total aggregate taxable value
u Of all property in the State subj sct
10 taxation Vas, according 10 the
y State Auditors report Of 1896, t257 :
r i37 Dts 30. Tue total aggregate val.
= no OF such property % shosp, by this
It report. to be s2J9. OIL ,JOS. .23-s net
increase Of sl 574. 80 -. Compara-
70 tive Agures Of the two reports are -
follows:
. 1896, value OF real
" and personal prop
erty, . 80 sci. i3l "
1897, value Of real
.e and personal prop
erty, ID ,SJs .4v9!0t
!" Decrease in value 8 l,00G, 722 o.
1896, value OF rail-
road, telegraph.
steamboat and
- canal property, ~. $40 .O9G q.
" 1897, value Of rail
a road. telegraph
steamboat and
,e canal property, 2o.I57 .oss.2
10 Increase in value
2; over 1896. 1851 ,oo2 2
=. Net increase
40 over 1896, l.J74 80 2
id According to former reports of. ii,
i Department il appears that the re-
n and personal property Of the Stat
,i- has been gradually decreasing 4
- taxable value for the last Ave year
be The report Of 1891, covering q
4. tar returns Of 1890, shovs the Arr
nd gate taxable value Of resi- and Do,
ud sonal property to have besn o242
II 4a9 SOL. The current report (l8g1
,al covering the tax returns Of lS0t
q, shows the aggregate TAXABLE valu
to OF the sane kind Of property to b
$229, ,S54 ,499. The decrssas in vala
therefore, from 1890 TO 1896 il 1l2
sos 1872. At the present rate Of t.,
alton, this decrease in the tAxabI
.M' M value Of real and personal propsrs
involves . revenue loss 70 the 6tas
fund Of $26, 600. and TO the pabli
al. school fund Of so 900, in round nuu
VI bers. A. compared With the Audi
.e or report Of 1896, covering tax g
ng turns Of 1896. shows Q decroass in d
zee TAXABLE value Of real and person,
20 property Of 81. .006. 72.
r. The irregularities in listing /.
~ course begin in the COUNTIES, ssd
r;II may Be interesting to note some
a. .r. lustrAtiops - 10 the di61esess thl
have occurred there. Ii doing hi
note will b taken Of the returns Z,
- '-. the last ave years, viz: 1893, $50
1895. 1896 and 1897. FOR insfana
.ip- one c:aa'y '1sSSS 1oo, oss ~ r0eetneo .
1894, 23l. 900 seres; N 1895, q. %
acree; in 1896. 265, 900 Acres; IN l6o
fnnAAsas>A A.