124 The Financial History of Connecticut. 



hundred ninety-three dollars per year. The amount of dividends 

 distributed from this income during these same years was $1,991,191, 

 an annual average of one hundred thirty-two thousand seven hundred 

 forty-six dollars. The amount per child enumerated was one dollar 

 and forty-five cents for the first two years and this was raised to 

 one dollar and a half for the years 1849 and 1850. This was the 

 highest amount per child that the fund ever afforded, for in spite 

 of the increase in the income of the fund the number of children 

 among whom it was distributed increased more rapidly. The number 

 of children enumerated in 1846 was eighty-five thousand two hun- 

 dred seventy-five. In 1851 the number had increased to ninety- 

 two thousand two hundred twenty. The rate of dividend per child 

 dropped this year to one dollar and forty cents. The number of 

 children between the ages of four and sixteen continued to increase 

 so that in 1861 the enumeration was one hundred eight-thousand 

 three hundred eighty-nine. This increase caused the allowance 

 per child to continue to fall and for the year 1861 it was only one 

 dollar and fifteen cents, the lowest figure it had been since 1837. 



D. Summary. 

 1. Increased Expenditures and Receipts. 



The first fact observable in a study of this period is the large in- 

 crease in the financial transactions of the state. The following com- 

 parison of the total expenditures and receipts for the years opening 

 and closing the period clearly illustrates this increase. 



1846-1847 1860-1861 Increase 



Expenditures, $109,502 $227,151 $117,649 



Receipts, 95,646 254,552 158,906 



2. Causes of Increased Expenditures. 



The expenses which show the largest increase are the judicial, 



the military, the legislative, the educational and the charitable. 



The principal factors in the increase of expenditures 



Largest were the rise and growth of commercial and manu- 



items or . . , , , . 



Expense tacturmg corporations and the attendant mcrease m the 



population. Crime and litigation were on the increase, 



causing the judicial expenditures to rise rapidly. The growth in 



