The Life Public Services And Select Speeches of Rutherford B Hayes volume 1

Cover The Life Public Services And Select Speeches of Rutherford B Hayes volume 1
The Life Public Services And Select Speeches of Rutherford B Hayes volume 1
Howard James Quay
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During the last year the fund commissioners have redeemed of the various loans $516, 093. 57, and have invested in loans not yet due $160, 643. 59, leaving the total debt yet to be provided for $9, 855, 938. 27.
The whole amount of taxes, including delinquencies, collecti- ble under State laws during the year 1809 was $21, 006, 332. 44. The auditor of State reports the total amount of taxes, including delinquencies, collectible during the current year at $22, 810, - 675. 84, an increase of the
...taxes of 1870 over 1869 of $1, 804, 353. 40.
In 1869 there was collected for the sinking fund, to be applied to the payment of the principal and interest of the State debt, the sum of $1, 370, 101. 12. In the present year there will be col- lected for the same purpose the sum of $808, 826. 61, or $561, 275. 51 less than was collected last year.
A large proportion of the taxes collected from the people are for county, city, and other local purposes, and do not pass through the State treasury, but are disbursed within the coun- ties where they are collected.


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