The New York Herald Newspaper, January 10, 1858, Page 2

2 FINANCES OF NEW YORK. Annual Report of the State Grare or New York, Comrrrouar’ ts Asay, Dac. 31, 1867. Tormla Te Tn obe ce to the requirements of the law of this State, thas roller respectfully submits to the Legistature | ue w ing report, achibiing the condition of the funds | Of uh State on the Sth of September last, and statements | of! @ reveuues aud expenditures during the last fiscal . . . . * * . * | ‘The eatimates of receipts ani payments on account of the | General Fund for the current year show 4 deficiency in | the revenue on the Stth September, i868, of..8221,878 67 | ‘This is exclusive of the deficiency, as &stimated, in General Fund Debt Sinking Fund, which, if | not otherwise provided for, must be adaed | beiag......, a skasn iad | 477,000 00 —Thowing an estimated deficiency of 8698 816 67 Et wil be seer by the preceding ment that the Payments on account of the General Fund for the fiscal Year nding October 1, 18:7, exceed the revenue received during that period by the sum of $94,702 59. The revenue of te fuad for the Oxeai year commencing 02 the Ist of October, 1807, including the one mill tax for the enlargement aod completion of (he canals, is esti mated at $5,664.74: 09, and the estimated expenses based ‘upoa appropriations already made, $3,701,417 17, showing a doficiency cf revenue to meet the estimated expeases for the current fieca! pear of $137,174 68. This, with the aed ciency existing on the 20th of September last, of $84,702 59, shows a deficiency of revente om the 80th September, 1668, of $221,976 67. This statement of the condition of the fund on the 30th of September next, does not, it will be ed, include any estimate ot appropriations which the Legisiature may deem i: expedient to make, payable during the ctrrent fiscal ‘No estimate is made of any pay- ment cf tue genera! fund from the revenue of the cauals, for the reaeon Chat (he net revenue will for yeurs, it is Probabie, be DQ more than safticient to meet the appro- pristioas made by the ist and 2c sections, aud tue amend. Mentto the 3d ‘rec: of article 7 of the coustitation, which at tbis time wilt require the sum of $2,724,914 7, annually, exclusive of any provision for a sinkiog fuud lo pay the debt couiracted Under the amendment to the od section ‘The Auc itor of the Cavai Department is of the opinion that the net revenue of tne canais for the current fiscal year will not more than provide for the $1,700,000 appro. priated by the first sectior of article 7 of the constiiutioa, bo pay the interest anc provide a sinking fuod to receem the principal of the canal! debt as it existed in 1846 fn such at event, Lo part of the $350,000 provided for in the second section, t par tac interest on the general fund debt, can be paid, sue tho general fund debt siukioy fund bavizg po other ne, the deficiewey must pecessarily | be paid out of the genera! fund, caus.og au mereasea de- fieieacy of tais! of $550,000. | In the last annual re of the Comptroller submitted | te the legisla the net proceeds ot the State tax for | the year co enckg Oetodber 1, $1,350,000 the amouct of tax treasury .o to October 1 was $' estimate by the « tween the amocnt ne of the county X in their hauds. ‘The amoun son the Ist day of October Last sum $149,689 08 was due from * the close of the fiscal year delinquent the tax uu treasurers, leaving paid te pay over promptly the tax is not alwars treasurers of tae Counvies, Weir inability cases by defaulting coliectors, on the par: of the supervisors to armeant of t ler has been under the necessity of direct be commenced against several county trea wrens to recover the tax in their hands, aud in most aces bas & ad in coticciing the amowt due the te, buteome suits are still pending, and in these cases the siperriaons of the counties have been directed by the Comptrolier its om the bonds of tue de- fauiting treasure: suance of authority given in section 47, page 782, vol. 1, 4tb edition of the Revised Statutes When called upon to pay over the State tax, some coun ty treasurers have adecitted that the money had been Used in their private businese, or had 1 lowed bY them m such a manter that they were unable to command t when wanted that “the several county treasurers March io each yew punt of the Stat them respective.) .""t he collecti sometime? fthe tax cotl the urst day of first day of April; and some of ~pored to use such postpone ior shail state t ensurers on the first part of the nty treasurer, the Comp: | every 3 appear t unpard troll r pay sball forthwith (ante root that euch bela he shall | has | steps to collect the same.) de | liver a copy of such Couaty Treasurer's account to the | Atterme; who sha.! prosecute forthwith: aad the | * | State *Lia d to recover the balw we Ist Cay of May 4 e due, with F the Comptroller to County Treasurers State the amount of tax re- t yon the aggregate value. = of the 3 ch county. retarned to this office for the year in whict the tax i imposed, (auless, as i sometimes the case, an unpaid balance of ta wions y brought forward to the pew acco the amour: of the state tax required to be paid by any county i as well known to the treasurer of such county Lefere the r f such account as afte ‘The ¢ rere. County Treas y the sate ta » this departs of some of them, © much embar aud some remedy seems to soppert of the @imte government are iy from direct tax, and it is there: e paid tuto the | geod reason { part of the § say of May in each fully recomm wnty treas ear,tha: such trea ler a Slatemest, un reasons why auch tax has statement ehall not satisfy the treasures has pot rec d thet per steps to collect the same, it the Comptroler, without celay. t o7.aly treasurer's account tc abal: prose No part of the » the counties of Oneida, Orange and Livic he year 1854, mentioned Inet annual report of the Compirolier, bas been paid t The amount due for tax of that year, ¢ shall transmit wo the r oath, setting forth the neen paid. And if such | Comptroller that such and bas taken all pro: thea be the duty of deliver a copy of such the Attorney General, who trom e e counties newed, exclusive of interest, is ag fo.icws —Oveida, 841,147 M. Orange, $31,665 60; Liv tngeton, 827/89 3° tt wil recollected th ovnties of Oneida and Orange eed by the act, chap wr tonal ¢ g the law to be unconstitu- ot state with sufll application t Supervisors te | Appe ted the ord The nat the county of Living. tre o | olvent t | © Was mace to the } 7 order directing the Supers iso: order was granted, aud it is pro’ ‘What amount of tax may be necessary to provide means f port of State government and ior the vse of the “fleeal year commencing Octobs ptroUerps not able to state, for the ob <now what sums the Legis! may deem expedient to priate, payable from this fe: d therefore can only state the amount of tax that willbe required to meet the estimated appro- priauions contained in this report. A detailed state- met of the appropriations deemed necessary for the ex- penses of government the Wacal year commencing October 1, 1858, will be found in a table marked F., aa cexed to this report, amounting to the sum of $1,065 614 24. To this must be addea the estimated deficie at the close of the present fiscal year of $221,878 making the sum of $1 ©) 95. This could be pro vided for by «three quarter mill tax, which would pro duce about $1,025,000 aod the revenue of the general gund derived fram sources otber than a tax, est mated wt *414.245 09. But, if in addition w the $1,277,900 9% before mentioned, there should be deficiency im the revenue of the general fund debt wiokiug fund on the lat of October, 1858, of 9477 000 to be provided for—which it will be seen by the preceding statement will provabiy be the case—then a tax o@ one oll on the dollar of the valuation of able property of the State will be required TAT? OF THE TREASURY. 1 the Treasury on the 30th Septem. Com, reason that be cannot t the aaiaahaes . $808,885 70 ved into the Treasury on ac veral funds during the year © the 50th September, 1857 « 3,195,542 83 warrants drawn on the Treasury reta.cing unpaid 20th September, 1867 1 Total . see esses se $004,690 00 Amount of warrants drawn oa the Treasury 06 account of the se year ending on the mh § 1857... . $8 t of warrants drawn on the Treasury remain pact Kb September, } ral funds during the Balance ‘p the Treasary on the 50th Septem ber, 1857 evageccescesses 452,610 64 Statement gf Balances due from and to the Treasury on of September, 1857 From the genera! fund debt sinking fund,. $114,442 48 From the United States deposit fund revenue. 3,048 83 From the general find ‘or deficiency of re renur , sesesereass 94,702 60 From the Treasurer, for balance in the i treasury . “ 2,610 54 | Tra ceeee 004,804 40 ! | only resource of the sinking fund. NEW YORK HERALD, SUNDAY, JANUARY 10, 1858. , . ae To the schoo! fund— ou (0812,539 00 Revenue 176,840 27 438,179 27 To the literature fund— ‘Capital...... $36,838 78 Revenue 15,623 60 ——— 52,402 38 To tho United Statee deposit fund, capital.... 106,487 06 To the mariners fund— Capital. $164 81 Under protest 1,169 76 1,834 67 To the railroad sinking fands— Auburn & Rochester, $2,951 58 Teeewinde. 464 Long Island, ‘7,141 £2 i. GENERAL FUND FUND. | Balance due the treasury on the 40th Septem. ber, 1856. o $61,533 82 Amcunt pai rom year ending 30th September, 1857. (347,259 56 Amount trausferred to the genera! fund, nue for interest on money advanced from the treasury on account of deficiency of this 301,835 92 Balance due the treasury on 30th Sept.,1867.. $114,442 48 It will be seen from the above that there has been ad- SesteaT int Sapte nee scotia general fund debt, cl le fy the Sum Ofcscesccee, resseessessueeas ese S114 442. 48 To this should be added the amount of interest due Ist July, 1867, on State stock, paid by the Manhattan Company, and remaining due the bank frem the treasury on the 30th September last, the account not having been presented... 7,486 23, —Which shows an actnal deficiency inthe fund at the close of the fiscal year of......... 21,877 71 And an increased deficiency during the year of $98,097 21 This has arisen principatly im consequence of the in- ability of the canal fand to contribute to this fund the full amount cf $350,000 annually, get apart by the constitution out of the surplus revenues of the canals, and which is the ‘The amount received from the canal fund during the year {s $262,500, leaving $57,500 unpaid on the 30th September last. The Comptrolier is wformed by the Auditor of the Canal Department that the $87,500, due 30th September last, cannot be paid, and also that there is no probability ‘that any portion of the $350,000 wi'l be realized from the canal revenues during the present fiscal year. Assuming that this will be the result, there will be a deficiency to meet the charges upon this fund for interest up to the 30th September, 1858, of about $477,000, The provision of the constitution which was intended to furvish means for the payment of the interest on the general fund debt, and ul- Limately to extinguish toe principal. has failed to accom plish it” The attention of the Legislature is therefore di- rected go the pecessity of providing for the payment of the existing ceticiency, and the interest on the tebt for themrear endirg on the 30th September next, and also for the ccntngency of a failure in the canal revenues to pay the $250,000 durirg the fiscal year commencing Ist Octo- ber, 185: : There ia no jaw avithorizing the payment of the interest on tle general fand debt from auy other fund than the sinking fund, from which the appropriation is made; but the revenue having failed to meet it, one or two alter. patives Was presented—that is, either to stop payment of the Bterest, or to make the advauces from the trea- sury outof the moneys belonging to the other funds. ‘The Comptroller has chosen the latter, which has beeo the unitorm practice of his predecessors under similar circumstances. Butthe Comptroller should be relieved from the necessity of pursuing a course, which, under a & strict construction of the constitution, is objectionable. It is respectfully suggested, for the consideration of the legislature, that a sum in each of the years 1858 and 1569, sufficient to meet the demands upon the sinking fund, ehail be placed to the credit of said fundtrom the incsme of the State tax. But in acopting the above suggestion, it must be borne in ming that it will,diminish the general fund revenue to the amount which’ may be required for the nse of the sinking fund, and materially increase the deticiency in that fund. This, however, will have no other effect than to adjust the accounts as between the two fands, for in either case, if tbe preseot practice ig contiaued, the charges pon the sinking fund most be advanced from the geaeral fund revenue. It will be sen that the estimated defi- in the revenue to i the expenses of govern. the at cloee of the siresent year is $221,876 67, and to king fund are to be paid n the general fund revenue, the deficiency will be increased ty $695,876 6 tof the 9p We pay the ipal of the General Fund debt, tution. and 18 a charge upoa the Sink- mes duc, s $6,469,604 37. Ibis paya- State stock in 1858 1859) 1860. 1s61 1862 1864. 1ses, ae Do at pleasur Comptroller's bonds on demand, De 1866 Ix at plea . Principal of Indian annuities at pleasur TOM... cscrccseseececes seen eeeeeeeeeee From the foregoing statement of the condition o Sinking Fund, it is obvious that the principal of the debt Anaregat debt of the Slate, vin.— Ganlde » Stee/teo a CONTINGENT STATE DEBT. eras aa NS Taws of 1640, redeemable 1a "1866, 8% nn reaieiaes’ veareaa’ osama vesasesina: Laws of 1840, rodoe! in a ++ 102,000 Schenectady and Troy Railroad ¥, per chap. 20, Laws of 1840, red in 1se7, 8 per Cet aerate 100,000 (aow the Corning and Blosebut 2 papy,) per chap. 296, Laws of 1840, redeemable in 1805, 54, per cent.... seers eeeecees 70,000 Renewed certificates of State stook, amounting to $6,000, have been issued by the Comptroller during the last fiscal year, ay kaente of chapter 721, laws of 1857, a+ below stated, the proofof loss and security required by said act having n filed in the Comptroller's office. The certificates lost are described as follows: — ‘State stock issued to the Schenectady and Troy Railroad Company—certificates Nos. 21, 67 and 68, of $1000 each, dated Oct. 9, 1841, and redeemable stot July, 1867, bear- interest at six per cent. stock issued to the New York and Erie Railroad Company—certificates Nos. 2,063 and 2,064, of $1,000 each, dated Sept. 22, 1841, and redeemable 1st of Octo- ber, 1861, bearing interest at six per cent—whish sal i deacribed certificates of stock were onclosed tn a scaloi epvelope, addreveed tothe firm of H. & F. W. Meyer, o the city of New York, per “steamer Pacific,” and dui mailed in the general l’ost Office at Liverpool, on the 22 of January , 1866, but were not received by said firm. The renewed certificates, corres {a number and ca win oes above described, were issued ow the ‘22d June, 1857. SCHOOL FUND. The revenue of this fund is estimated for the current year, viz— Interest on bonds: da Interest on bonds forfoans Toterest ou loau of 1840. Tuterest om State stock. Interest on Compti oller’s Dividends ov tank stock.... Interest on money in the treasury, aun Annual appropriation trom the income of the United States Deposit Fund,........665 Total... The paynien Common’ ech ar are estimated, viz: — ing Schoo! Commission- ers’ salaries ¥) Appropriation fom the School Fand.........4 $192,500 00 Appropnation from the U. States Deposit Faad.165,000 00 For the publication of the Coae of Public In- 5,467 87 struction. erences . $362,967 57 The principal moneys belonging to the capital of the school fund in the treasury on the 30th of September, 1956, was $247,329 30, and on the 50th of September, 1857, $312,339, showing the amount ot capital in the trea- sury to have been reduced $34,900 30 during the last tis cal year. This reduction has been effected by loans to couaties and towns. In@ursuance of authority given the Comptroller by chapter 194, laws of 1849, to loan any money in the trea sury balonging to the exp (it of the ‘schoo! fund, to coun- ties and towns for certs\u purposes mentioned in the act, the following loans have been made: fo the county of Onondaga $30,000, county of Orleans $20,000, county \of Broome $25 000, county of Yates ity of Cayuga for the curre dividends, i $5,000, county of Columbia $2,500, connty of Westchester $3,000; town of Deerpark $1,000, tow of Cape Vincent $1000, town of Manlius '$2,000, town of Frank fort $500, town of Clayton $4,000, and pursuant to chap ters 366 and 436, laws of 1857, loans have been made to the county of Warren of $5,500, and under chapter 697, laws of 1857, a loan of $4,000 bas been made to the town of Salem, Washington county, making the aggregate of loans tor the year from the capital of the fand $99,500 Experience has shown that lowus to counties aud towns are the best aud most sate investments of the capital of the school fund that can be made. No loss bas ever bi sustained on such loans, and the interest aad principal when dee, is paid directly into the treasury without ex pense or charge. Itis to be regretted that the treasury is not always in a condition to make all lowns applied for by counties to the extent of the capital of the fand in the | treasury LITERATORE: FUND. This fund corsists of the following items, viz..— State Stock— | 6 per cent igsaed for a loan under the act of 18th May, 1846, redeemab! WANs Mb se ccesene 5 per cent isswed on account of the Astor debt, redeemable at pleasure. teveeeses 8,000 00 Total......++s Comptrotier’s Bonds— 1840. redeemable Ist July 64,700 00 ance Stock— nthe Albany Insurance Company. 2,500 00 Fund Stock— 6 per cent issued on account of the Bank Fui | redeemable let February, 1858. 61,915 34 Bonds for Loans— 7 per cent loan to the New Paltz Aeademy..., 1,000 00 Money in the treasury .........sceseeees 36.838 73 canuot be paid at the stipulated times it becomes due, | and must be deferred until the time when the canal debt, | ‘as it existed in 1846, shall be extinguished, and the su of $1,500,00¢, from ‘that period, shall be annually appli to the General Fund debt from the cana! revenues The Comptoiler is authorized by chap. "216, Laws of 1848. to saue Dew stock on account of the Sinking Fuad, if at any tume it shall be insuflicient to pay the principal when it becomes due. Since the passage of that act, stock to th» | amppunt of $825,107, bearing \nterest at & per cent, ha matured, and in pursuance of ssid act, new stock at the interest, has beew issued, v Redeemable in 1868 le at pleasure .. State Stock. Amount issued for the Astor debt, chap. 902 laws of 1827, and 86, of 1882, redeemable at pleasure, 6 per Amount issued on account of deficiency in the Geseral Fund debt Sinking Fund, per chap. 216, laws of 1848, 6 per cent, viz-— ++ B38 107 Redeemable at pleaeure......... Redeemable in 1568... issued to the New York and t chap. 226, laws of ws of 1840, redeemable Amount Railroad Company, 1888, and chap. 196, ae follows: — 43% per cent in 1859... 6), per cent in 1860. 5), pew centin 1861 6 per cent in 1861, 6 percent in 1862. Amount issued to the Ithaca and Owego Railroad Compary, per chap 205, Laws of 1898, and cbap. 344, Laws of 1840, ¥iz.— 4% per cont, redeemabie in 1864... 5 per cent, redeemable in 1865, Amount issued to the Hudson and Berkshire Rail road Company, per chap. 178, Laws of 1840, redeemable in 1865, 6% per cent. Amount issued to the Canajobarie and Catskill Railroad Company, per chap. 240, Laws of 1855, 5 per cent, redeemable as follows: — 1858—July 1 x 1850— do. . 1860— do Total Comptrotier’s Bonds & per cont, isened per Revised Statner, n 1844, for loans from the Railroad sinking Funds, payable on demand... . $28,097 5), per cent, insvied per Revised Statutes, m 1842, for a loan to the treasury, pay- able on demand...... 11,000 © percent, issued ‘per Revised Statutes, for loans t the treasury in 1846, from the Railre ‘cng Funda, payable on QUEM, 56... sosceussscespeggusuues 6 per cent, iasued per Revised Statutes, in 1845, for loans from the School Fund, payable on demand... 6 per cent, insued per Rev wed Statutes, i 1848, for loans from the United States Deposit Fund, payable on demand. ..., 428,139 6 per cent, i per Revined Statues, in 1845, for a loan from the Commisaion- er's of the United Stato, I Fund of Colombia county, payable on de- mand 9,087 461,045 6 per cent, issued per Revised Statutes, in 1846, for a loan of moneys held by the Comptroller, in trust for the Delaware BY tony, payable on demand. oes 6 per cent, isaued in 1848, per chap. 366, Lawes of 1848, for « loan from the United States ‘Dep. Fund, payable at pleasure. 6 per cent r. 25, 1 1849, to discharge the claim of the Ca- nal Fund upon ag neral Fund, re- J deemable 1 payable at pleasure... 6.6... cceeee 38.008) ——- 1,304,601 Indian Annnitics. Amount required, if invested at 6 per cent, to produce the eum of $7,861 69, being tho amount of the annuities payable to sv In- dian tribes... seeeeeeeeceevees 122.684 TOM... cece eee eeeeee eeeeeeseees oe 6006 054. ANAT. DRI Stock redeemable July 1, 1858... daly 1, 1800... january 1, 1861 June 1, 1862.. July 1, 1864, Jaly 1, 1865, Jaly 1, 1806, January 1, July 1, 1872 November 1 January 1, 1874. October 1, 187: 2,250,000 00 Total vrs | Erie caval enlargement, sovceseees 9,952 12 SCHOOL AND GOSPEL FUND OF THK STOCKIKIDGR INDIANS The amount of this fund ts invested in a Comptroller's Doud, pasable at pleasure, 6 per cent $15,000 00 INDIAN ANNUITIRG The amount of annnities payale to Indian tribes, under the geveral treaties with them, is as foi The Cay ugas ‘The Onoudag: ‘The Senecas The St. Regis. Total......ceeeveeee . CANAL DERT, REVENUE, EXPENSES AND SI 5S The following tables exhibit in detail the Canal debt, revenue d expenditures, and the operation of the Sink- ing funds for the payment of interest and the redemption of the debt for the fiscal year ending the 30th September, 1887:— Canal Deit.— From the Books ofthe Canal Department. No. 1. (Under Article 7, Section 1, of the Constitution.) . $3,627,336 Chemung canal Chenango cans Black river canal Genesee Valley canal . Oneida river iinprovement To pay debts due prior to Juve 1, 1846 To provide for deficiencies... Total oo .eseeree +e - 813,225,704 33 0. 2. Under article 7, section 3, of the Constitation.) $9,000,000 00 1,500,000 00 Fnlargement and completion of the canal... Redemption of canal revenue certificates, To provide for deficiencies Tota! The interest on the following loans is paid by the gone- ral fund: For the Albany basin, under chapter 290. laws of 1949,..... oes $102,586 49 To provide for extraord: chapter 274, laws of 1849 50,000 00 For culargement of the loc ‘Oswego canal, under chapter 601, laws « 1861... 200,000 00 $442,586 49 2, onder art. 7, sec. 3, of the constitution 11,500,000 00 No. 3, under art. 7,sec. 10, of theconstitution 442,585 40 Total canal debt 90th September, 1857, pay img interest... . 66... es sse0 aoe es + S25,166,289 82 Revenue and Expenditure of the Fiscal Year Statement of the revenuas of the State canals, and the expenditures of collection, superintendence and ordinary re |, during the fecal year ending 36th September, (Under article 7, section 1, of the constitution. ) $2,520,965 88 1,938 56 ‘Ty 004 68 Weigh masters. For miscellaneous pay men! cd —- — —70 459 406 Surplus revendes ees coessegceesos .. $1,580,015 00 Ammount set apart by article 7, section 1, of i the constitution, to pay the interestard re. - doom the principal of the canal cebt, is. .$1,700,000 00 Amount of surplus revenues as above. + 1,689,015 60 Deficiency... cc cee eee cece oe. S110,0848 40 Fund for the Redemption of the Canal Dett. (Under 1, section 1, of bem ty Balance on band 30th September, 1856. .,.. $1,259,901 99 Received, vin — $32,995 09 1,719 02 - 3474 ‘Transferred from the revenues of the State canals te aad fiseal year ending 30th September, . 1,589,015 60 KR ot 18ST. 28,427 73 E ws 7 28,427 7 Interest on ditto...... Toso o4 92,014,040 97 Accrued interest on do, 0s s0ee For the expenee of Reopens. the office for the transfer of stocks in the Manbattan Company, under chap, 288, laws of 1840, viz For advertising.. PY wo interost for the ee pay on loang following supply defieiencies . Fo ayant due prs ‘lst June, Frie e Total Balance on hand 30th September, Sinking Fund for the Redemption of the section 3 of the 0th Sept. 1856..... 004+ Received, viz:— Proceeds of loans, 5's, 1871, under chap. 335, “sec. 3, laws of 1856, to supply defi- ,000 00 6,897 00 2,011,595 Hy 92,914,040 37 Canal Debt. 7,746 80 Interest on investments. Transferred frem premiums on loans, chap. 367, laws 1857. Toterest 00 @8.,.....5 Due to other fumds to be reimbursed, 511,317 32 under Restored to ‘‘other funds’ by the Commissien- ers of the Cana! Fund. (See the last report in Assembly Doc, 1857, No. 10, p. 40.)...... 455,598 82 Paid, viz.:— Toterest on loans........ ssegees G4b,014 87 Balance on hand 30th Sept., 1857 (invested).. 88,176 86 Total RY sos es 81,188,600 05 Aunurn—Dr. -Amount advanced from tho treasury to the agent and warden, on account of bis estimaies for expenditures during the year ending 30th Sept.. 1857 Balance in the hands of the agent and on 80th Sept. , 185° Leese, balance in the and warden on the Ist a Oct., 1856,... 661 82 — sn g Amount of expenditures during the year...,.$74,380 35 Cr the agent and riod, on account eeeeess O8,121 42 Excess of expenditures over receipts........ 10,258 93 Sing Sing— Dr. Amount advanced from the treasury to the agent and Warden on account of his estimates for expenditures during the year ending 20th September, 1857...... +++ 110,175 83 Balance in the hands of the agent and warden on 30th September, 1S67.-.. 1,122 62 Less, balance 10 the hands of the agent oe Amount paid into the treasur, warden, during the same of earnings of the prison. and warden on Ist Uctoder, 1858... 389 28 Amount of expenditures during the year... .109,786 56 Cr. Amount paid into the treasury by the agent and warden, during the same period, on account of earnings of the priso......... 440 $1,867 92 $27,918 63 Excess of expenditures over receipts Clinton —Dr. Amount advanced from the treasury to the agent and warden on account of his estimates for expenditures during the year ending 20th September, 1857... 847,651 41 hands of the agent aud warden on Ist October, 185 i Less, balance in the hands and warden on the 30th 1857. Amount of expenditures during the year Cr. Amount paid into the treasury by the agent and warcen during the same period, on account of carninge of the prison...... Excess of expeuditures over receipta....... Recapitulation Total expenditures for the sapport and receipts for earn- ings of the State prisous for the dscal year ending on the 20th sept., 18 Receipis. Expenditures. Auburt 804,121 42 74,380 35 Sing Sing VSL st 92 u.ton prison, , + 20,000 54 , travelling expenses of the inspect n Of convicts from place of conviction to dom account of the appropriation for a for insane conviete, amounting to (see state & | ment B,) $38,060 80. 1,000,000 90 | 1a Basnea | sets | ae gregate of reseipts from all the State prisons for the fisea! year ending September 30, 1867, exceed the re- ceipte forthe previous year $3,017 03, and the expenses for the last fieca! year exceed the expenses of the preced- fog year $5,601 04. ‘The expenses of the prisons for the last year have been materially ins ed by the inerease of pay to chaplains, physicians, clerks and guarcs, provided for by chapter 94; laws of 1857. The inc reascd pay of the guards if the principal item, and amounts to $0,900 anaually. STATIONERY Amount of stationery hand Oct, 1, 1356. .....$1,007 87 Amount delivered to public officers an ‘of the Senate and Assembly... tationery f Amount op bax Total Table (i) 3 4 the stationery delivered to the Assembly and to cach of the public oilicers during the fiscal year. CLERKS IN THE PUBLIC OFFICES. Table (G,) annexed to this report, extubite the names of the clerks employed in the public offices, (except those in ‘the Canal and Banking departments.) during the last fiscal year, with the amonnt paid, and their present respective salaries. AvCTION DUTIES, There bas been received into the State treasury for duties on sales at auction, during the year ending Septem- ber 30, 1867, $152,220 22. A statement will be found in table marked (M) exhibit ing the auction duties paid during the year, the names of the persons paying the came, and the amount of goods eold by each auctioneer respectively. IMPROVEMENT OF RIVERS, CONETRUCTION OF ROADS, BRIDGES, KIC The amount paid during the year (see statement B) is, Viti For improvement of rivers. +00 «818,662 | 6771 2 3,300 05 For butiding bridges... For coustruction of roads SALES OF LAND POR TAXI In pursuance of the provisions of the act entitled “ An act in relation to the collection of taxes on jands of non ts, and te provide for the sale of such lands for unpaid taxes, in the counties where they were assessed,” passed April 10, 1850, sales were bad in the year 1852 for the pon payment of the tax of the year 1860; in the year 1863 for the nou pay ment of the tax of the year 1850; and in the year 1884 for the non-payment of the tax of the year 1851. This law was repealed by the the act entitled “ An act in relation to taxes on lands of non-residents, and to of such lands for unpaid taxes,” passed record of tax order more fuRy to perfect the Com) to pay aseesaments. No action on the subject ha ‘been taken by the last Legislature, and assessments having been made during last year on the property of the by a dnty of king tt the dat ‘8 view to the liquida- rome proper officer fod amoral of such from all assesaments asaenements, Ww! tion thereof, or to exempt such pi Fe Fig Ant a oparems, trem the tort teas all in re: ure 2 iesuch assdsanments are published ¢niy inthe news vane fi Siohnost int ie hk ch ‘of those r thie almost invariably esen Shue duty ft would be to protect the interests of the State. VALUATIONS OF HEAL AND PERSONA. SSTATR FOR 1867 ‘The aggregate amount of valuations of real and personal estate is, viz-— Real, (asscsved,)... Personal, (asseesed,).. Corrected aggregate valnations . $1,138,309,713 00 ‘The amount of 2%, mill tax, vir.: 1% mill for support of government, and one mill for the enlargement aud com- of the H $1,111,551 ,629 00 ‘819/807 155 00 ‘The amount of town tax is...... The amount of county tax is.. Total taxation... , ‘The rate thogh tA - ‘The increase of the aggregate valuations J estate, over the year 1866, is $2,976,017; the in- crease of aggregate taxatiyn is $2,423,129 89; and the in crease ot tax on $1 valuation is 1 8-10 mills. Tt appears that in six counties the rate of tax on $1 vatu- ation exceeds 10 milla, viz:— us Alban; 11.5 New York... Hamilton . + ADS ave remaing counties the average rate is 7,882 08 | 6 210 mits, ‘Asmmmaorr oF taxEs ox rxconronaten comranms. {| required the “‘doucewr'' (bribe)—that they had 1 ‘The act of the last chapter 636, laws of 1867, re- ready expended ten or twent lative to the assessment of Sraperty of raltroad cor. whic! pe memaied os “bread thrown w ae. oy of our tax pa} tag ehinens, million and a half more, and apply it to this el fo the principles of just and equal 1° The uk nec: | 750m sufficient to ensure the success of the meg tion gp ee oy every raikeoad corporation of this Re; “ this testimon; Lusi State to deliver, on or before the first day of May, in each te indent of task as conclusive on tt year, to the aascasors ofeach town or ward into which | Only #' Scott, T which was contr ‘any part,of their road shall run, or in which they own or | dicted by , Tsubmitted it to the aze.fa posaeasten of tealiatate, nalemsediiint et alt reel Ko withonh a: wernt gemantrss Fecling is pew estate owned company Soott ina town or ward, specltying—ist, The whole number of | false to truth, and 60 embarrassing to the fecling ens of oadgerent, Bement -sapmverans. Be teal | sad honor of a man occupying his position before ‘oh oe oe —- country, I was content to vindi the truth of m Portiony: fang, au arc already devoted publicuses aed | statements, and did not even point out the portions, if ag are devoted to public uses and pert cfd ad. his ‘uttert ee oe — Le ire my i fended before the world. —— naming the percentage of depreciation, i en , and cou’ Under these siroumstances of embarrassment spikes, frogs and switches, whether such 'superstr | ordin dence would have suggested ] he sid on land artical foundation. 3, The, buildings | the ‘only alternative left him, Had he taken. tha paereanie eee eS Se - | Course, no further duty would have been required ¢ preciation, if any.”” ; me, and a grateful duty might, in charity to knoy next thal the Valuation of the pro- | infirmities of character, have drawn tne veil ove perty of any railroad corporation, thus furnished by the | this last solemn false certificate on honor, and corporaticn itself, (and not required to be made under | der a sense of hational shame, have sought to oath,) shall be received as prima facie evidence of the the past. But as often happens with those value thercof. And although the assessors are authorized, | to extricate themeelves from a false position, he hy if they deem it needful for the purpose of testing or alter: issued a second card, in which, while he confess. the valuation thus received, to avail themselves of ‘ Gilet uddilicoal evidence under oaths i ie obvious that, Without shame, that he had given a bribe—in to the very negotiation charged in my ad the dificalty of eacertaining from, extraneous eouross the | oviaéntiy eauits in the idea that neither Gen. Gy fined to a single township or ward, must render this man nor Shields proves that he paid the money, & authority of the assessors practically inadequate, if not Santa Anna. He agrees that he paid the money, al altogether ineffective, j Tt seems to be but reasonable that the property of a rail- | Toad corporaticn should be assessea aud taxed upon the | seme basis and in the game manner as property belonging to other corporations. In estimating ite real estaie, rofe- | 45 a bribe, to some one; but inasmuch as these wW- nesses do not ayia #o many words, Woah ti res Be to Santa Anna, he feels entirely relieved of the 8] bility of his conduct. He seems to have =e rence should be had tothe amount which has beenex. | “ght of the fact that the charge was that he pended ufo #, in filtiog it for the purpose to which it ia | Paid e bribe, and thus dishonored himself; and in applied. It will be observed that the phraseology of the | <clicitude to acquit Santa Anna of corruption, 6 second clause of the section referrec to, in cifect excludes the cost of grading the track and crecting culverts and bri }, items which constitute a large part of the outlay | in ail railroad constructions. This portion of the expen- { diture forms a share of the capital of a company, and why this should be exempt from tuxation more than any other part of its capital, is not ol ape confesses his own corruption and dishonor. \ if, in connection 8 for yied paid the bride, what matters it, 90 far a8 his cou- | try’s honor is concerned, to whom the money ww paid? It isthe fact that he, the comman neral, at the head of a victorious army, unde . ‘The cost of construction and equipment of the railroads | Procure a peace by corrupting an important persor of this State, in 1856, is put down by the Railroad Cem. | age exercising a controlling influence over the em missioners, in¢heir report to the Legisiature, at $137,478,- | my’s army and government. That constitutes th 176 79, a sum nearly equai to one-tenth of the totai valua- | crime with which he is charged, and which dishonog tion of the taxable property of the State, and although | his country and government. But that I may not b this sum probably greatly ‘exceeds the present actoal valuecf the property of these corporations, itis neverthe. less obvious that the radical change authorized by the act in question, in the method of assessing this vast amouat of property, may seriously affect the revenue of the State. Surely so broad a departure from the ordinary mode of appraisement, and the principle of just equality ia distri- buting public burdens, should not be sanctioned without a ciear demonstration of its expediency. Conceiving that the act in question needs a careful revision to make it more accordant with principles of justice and equality, tae Comptroller deems it his duty to preseut the subject to the attention of the Legislature, trusting that tt muy re- ceive the impartial consideration which its importance demands. LORENZO BURROWS, Compirolier. THE PHLLOW AND SCOTT CORRESPONDENCE. Gen. Pillow’s Letter tn to Gen, Scott's Cara tr mad supposed to misrepresent General Scott, 1 will give in his own language, the following extract from hi second card:— Suffice it to say, in this connection, that neither of statements produced by General Pillow, with so mi gravity, contradicts im the least the only point in questioty viz; the ter thousand doliar bribe; for neither 0. thee Benerals pretend tq kuow to whom the bribe was pat, nor oid azy ether American ever hear me whisper ae bame or names of the receivers, until coafidentialiy ds- closed on the final settlement, at the War Office, of ay secret disbursements, ‘Was it to “conquer a peace” by such means tht he was sent to Mexico? Was it for services such 19 these that he was honored with the brevet of Lim- tenant General? ¥ But Gen. Scott is too “basty” in his conclusbm that he is acquitted of certifying uy honor ba feos in ele dond ne ie » eo Cree . ¢ agrees tha aid a —ten thousand dol- Being on my way to the South when General | jars. to tome one. Let us now examine the evideroe Scott's second card appeared. and having but just ong weigh the facts of the case, and see if the prof returned home, my reply to that remarkable com- | is not canclusive that this bribe was not paid to Sin- a yr has been necessarily delayed until the | t; Anna. The amount actually paid as a bribe, and - i ~, | the amount agreed to be paid, are fully proven The present controversy between Generat Scott | oth Generals Quitman aha Shields. igen ty, and myself originated in the following statements in | deny the conference which I stated took place at a eee ee my ang | Mts aoartr: or what i atated to have vo treat for peace, (if an opportunity should offer,) the grade | Curred at that conference, in either his first or se of diplomatic duty to be performed, aud tue emolaments x thereto attached, made it impossible for the President to | Neither does he deny, in either card, that by the find @ statesman who would accept the piace. The man | terms agreed upon, as stated at that conference, he selected for that position was Mr. N. P Trist. Bat either | was to fight « battle before the city, and if he won, distrustirg his ability, or judgment, or prudence, or all | an armistice was to be granted; and if peace fol- Shame, Erentiens Soe nee rower BE cadb ed seed | lowed, that then the additional million, or million 4 m7 4 oe i's half, was to be paid. Neither does he any- By his conddential letters, now in my puesession, he so , “hd & i fap ssencaioted ngeeif wah di. Geatante place me in | Where deny that at this private conference I opposed semi-official relations with him as 4 Coinunissiouer. ihe | the whole proceeding as dishonorable to our army, vty was epjoined upon Mr. Trist of taking me into aii his 4 disgraceful to our government, and wrong in m conferences, and to consult me in ail bis negotiations. The | Neither has he anywhere denied that he requested me, duty Was imposed upon me as a patriot, and the cevoted | at this conference, to suspend my opposition for re- friend of the President, to guard aud protect the Louor of | flection, and that, in deference to his wishes, [ agreed to doso. Nor does he deny that next day, the country and of his administration against any and every thing which I thought would tarnish. tue one or the other. It will hexce be secu that while Mr. Trist was the osi«usible commissioner, I was ip fact the coutidential of- cer of tbe government, upon whom the President relied to guard spo protect the Lonor of tue country in the impur- Tint negotiations involving the peace of the country. When I reached the headquasters of the army at Puebla I was iuvited to a conference with Mr. Trist. Un my grris vai at bis quarters I found Geo Scott there. Mr. Trist me tuat be had opened negotiatieus with Sauta | t had pretty well agreed upon the preliminaries | of negotiatious for peace. By these terms Savta Anna | Was 10 be paid, cash in band, as earnest money, $10,000, and our army Was to march to the valley of Siexico und fight a battle before the city. If we won, an armustice to be granted, and Commissioners appowted to treat for | peace. When peace should be concluded, Santa Anna | Was to receive one million of dollars mere. after the meeting of general officers, I went to hi quarters and so earnestly opposed the whole pro- ceeding that he agreed he would abandon the ne- gotiation, These facts are all clearly set forthin my original address; aud as he has pointed out no state- ment peg teh in regard to the payment of the bribe toSanta Anna) as incorrect, by every rule of pleaaing and common sense he admits as true all the other avowments. He dare not deny that his army did fight a battle (a ogg one) before the city, did win; that the city was in his power; that he (and without it bang asked for, and without any | flag of truce) grant an armistice, which cost the army the blood of 1,672 men. It will thus be seen pomedeiy ing termination of the Puebla negotia- Mr. Trist further iufurimed me that these terms had | ous, he did. in fact, carry into yg mn been agreed to, but it was au open question whether Santa | Conference at Mr. Trist's quarters, p Anba or General Scott, (after the battle was fought,) | “Oh cee incid f " a should take the initiative, avd send the flag of truce, pre- ere is a coincidence of circumstances too remark- paratory to the armistice—Sarta Anna insisting that Gene- | able to have been accidental. The payment of the ral Seott should send the flag, but General Scott insisting, | ton thousand dollars as a bribe, and the agreement if he won the battle, Santa Anna should do so. Hefur- | to pay the additional million, have been clear ther on iGenares ge nye pen hae —~ oer = | proven, acd all the other terms of the remar that be bi id the ,000 required to be paid ia | ne " i address vance, and tint General Scott had the means in the dis. | in an eastern on he avin. tallst to bursing Cepartment of the army, or could raise the | deny any of them, (except that the bribe was paid te means, of paying the million tw be paid atthe con- | Sort! pot peo t hi thal clusion of the negotiations. He also said be tad invited | Santa Anna.) an subsequen od me to the conference in pursuance of the order of the | Campaign having fulfilled all these terms, the ques- President, and desired my approvai of the terms. tion recurs to whom was the ten thousand dollar asked Mr. Trist if there was any law authorizing such | bribe paid? It will not be doubted by any one that the ten a use of the public money? He replied there was not. I then asked him if the President had authorized such a use | thousand dollar bribe was paid to the person to whom of a He bes _ he bad not, but he thought it was the | the additional million was to be paid ; neither will it beat be could do. be doubted that tl was the man who was Regarding this as an improper use of the public me . wagetie ion Trist ane ast bribe to the commacder of the enrmy's forces, | engaged in the tion with Mr. Trist,. Nov con it be doubted that this ‘iator occupied a position of authority that satisfic both Mr. and Gen, Scott that he had power to treat, to suspend the operations of the Mexican army, to fix upon the terms of an armistice,and finally to make peace. Both Mr. Trust and Gen, Scott would stultify them- selves by ergo bref other position. - Why should they hold negotiations with any per son not possessing these powers? Gen. Scott says the bribe was to —. peace. Why bribes mill and as dishonoring the government, and disgraceful to our army, I at once protested against the whole matter, General Scott justified and defenved the measure, both upon the score of morals and as to the usage of govern. ments. He said we were not corrupting Santa Anna, for the fact that be was found in the market, asking @ bribe, was proof that he was already corrupt In regard to the practice of goverumenta, he said it was @ usage of all governments to effect their purposes, when necessary, by money, and that our government lad sanc tioned the practice. He said the presents 1ade uy it to the chiefs of Indian tribes and tothe Barhary Powers, were nothing but bribes. fe further said that in the set- Uement of the North eastern Boundary question, $500,000 ‘been used-—no one knows bow but the oificers of the man not having the grant peace? agree to pay an additi ion contingent uy peace, unless the recipient was in condition to ai rinbing about a peace? Why use the word “dou- overnment, unless it was used to bribe the Maine prese. | peur,” fic mentioned other instances in which the government | CCU", as proven by Gen. Quitman, and wi pw had expended large sums of money iu this way i this im ys epic, whwaonieeh Finding Generat Scott clear as io the right of the mea. | Unless , to whom 60 mi sure, and earnest tn his co-operation with Mr. Trist, and | Money was to =, was of authority, not being famikar myself with the usages of other govern. | and was known Mr. and Gen. Scott to mente, nor the practice of our own, I doubled weat Lought | possessed of authority to grant what they bargained to do; and in deference to his wishes and judgment, rus. presents itself, who was the pended my opposition, until a day's reflection had con it of the bribe, all iirmed my opinion of duty to my country. On the night after the conference took place, General Scott called a council of general officers, to whom be made known what bad been done in the way of negouation, and to whom he expressed substantially the views and opiaions above de- taile: Reing satisfied, after reflection, that my first impressions ? to have been at that time the President of Mexico, armed with and exescising all the powers of iment, and to have been in actual command of her armies. He was, in fact, overnment of Mexico, for he were right, I went next day to Gen, Scott and Mr. Trist, | Congress with dictatorial powers. He ‘could and protested so earnestly against the whole matter, that | negotiate, grant an armistice, and they both said I was right, and that they would abandon | ypon peace; and no other man the negotiations. I'then thought they were sincere in Mm he terial a iS ont Oh ten or to be | Livin could. not material through whose tie aed. ° o Scott’ gemaion ts tle A Ha it passed This statement drew from Gen. Scott a card, in 4 ee. It which he used the following language, viz:— a ee See ee Scott's orders, Teertify,on honor, that I never, at any time, paid to | t , us demonstrated; Gen, Santa’ Anna, or caused to be paid to him, or to anothes | and it is an insult to the public intelligence for Gen. for his use or benefit, ove dollar or more, on any account, | Scott to certify, honor, that this bribe was not or in any way whatever. peid, hema A or indirectly, to Anna, and to This statement of Gen. Scott's—certified to upon | e: the American to believe him. honor—apparently denying an important statement itis thus made mani that the statements in in the extracts above quoted, was intended (and so | Gen. Scott's card, that he had paid certain small understood) to make a direct issue with me. He | sums to —— for —— for information received, &c., denied, upon honor, the payments of any money to | had no sort of connection with this bribe of tea Santa Anna. Either, therefore, the statement in | thousand dollars; and the attempt on bis part to im- my address was untrue, or bis certificate—upon ho- | press that belief an the public, is a shameless effort nor-—{a false. at to relieve himself from the falsehood f'inimy address bul Gen. Seat tr. Trit and my | by dhe crushing weight of @uitmun's and Shleldst of in m: n. » Mr. and m ‘8 self I , however, that Gen. Scott made sul will be remembered that in 1852 the Senate of paid and to be paid at the | the United States ‘a resolution requesting the meeting of general officers) that was by Mr. | President to furnish that body with a of Trist in the presence of General Scott, at the private | Gen. Scott's &e. In the accounts, ke. —— the conference. of the Treasury, under Mr. made I therefore procured from the records of the War | in compliance with this resolution of the Senate, there Department a Np ge tae had published, was a deficit in Gen. Scott's account of about twelve of the statements of Generals Quitman and Shie! ids. | thousand five hundred dollars. If the expenditare Quitman proves that General Scott said at the meet- | makimg this deficit had Lavoe on Pap oy one, of general officers— | he would have had a proper r for —) desired to consult them upon another subject of | ynd his account have been credited. But delicacy and much importance: That the ten thousand dollars of that amount were used asa aed ah H bribe, being in itself illegal and an evidence of oor but that he was informed b; ‘Mexico, tbat thindesirable result fome ‘adminie- Could certainly be attained by tho ‘pplication of « consi. | Tuption, he ing i 4 the peputations to bo, attended ‘by a donccur; thet they | item in settlement of General Scott's account, were not in the habit of wi, ‘that du use of | lf, Ya ten, Shousand a bribe, (admitted to for such was justified of not one nations ; a nat, considering the wee aoe it ad le hundred dollars in his account, it ‘would in this instance bring to our own country, he re- | might be well for General Scott to explain that de- farded the means aa moral and! proper, and did tot per- | left in his account; else it would seem that in hin ceive how any sensible man could think otherwike. He private account he is adefaulter to the further added, that Mr. Trist had no power or instructions | bia liable to be prosecated for felony. Bat ped yt ey Hd TM a | sappone to be the fac, the bribe be a part of pA hat, Pp oy nerd] Gn tonnank it should be | the it for which he had no voucher, it (the de- 4 f record, as a judgment for cemeidered advisable, Gen. Scott) credit, upon | ficit) must stend there of the assent or request of Mr, Trist, to raise a million or @ | ever condemnatory of his conduct in corrupting million and a half of dollars to apply to this A =a} he commander of the enemy's forces, and thas sufficient sum to insure the success for the ij | ‘conquering a peace”—for the onor of his country! that he had already expended ton or twenty ‘he |, leneral . in his second card, seeks to relieve dollars, which he regarded ag ‘bread thrown spon viet | himself from the odium of this bribe, and the blie Po * i Pile then presented and road a note from Mr. Tri that the | condemnation of the armistice, hy wef ferring statement of General Quitman’s, to the effect that had, at the meeting of gencral officers, given me. EE to the terms of the negotiations as be- full on this subject, assenting to, if not requesting, seheme should be . General Shields’ statement was in substance iy of Generals Quitinan and Shields, ‘ore that meetin, _, This testimony If Thad ven thene terms —bribe and allt it will be perceived, fully snstains many conty racts ‘They oval, I do not see how it would justi in at General feott yy 4 been Mar Figen vena bribe, and ined to fight going on with the Mexican authofities—that they ' battle, with elf the chances against bis quccess,