Report of the Committee On Ways & Means, to Whom Was Referred So Much of the Governor's Message As Relates to the Finances of the State 1849

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The bonds of the State now due and redeemable and those maturing, will afford the true investment for several years to come, and may be purchased for the sinking fund, or paid and cancelled as may hereafter be deemed most advisable.
[Y] 6 The committee having carefully examined the Treasurer's esti- mates for the current year, are convinced that ihey may be relied , upon implicitly, as the result of an enlarged experience and sound judgment. They are sufficiently liberal, yet will, unless unfor
...- seen difficulties or contingencies should occur, be fully realized.
The direct tax is rated at the full amount of the actual levy with- out allowance for deductions for prompt payment. The past has shown that the arrears paid in, usually supply the failure in collec- tions, and the interest thus receiveJ, will in all probability, com- pensate for the deductions referred to. At all events, the incteased revenue from the Baltimore and Susquehanna Rail Road, may be calculated on to make good any unfoiseen deficiency.


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