-♦> Recent History 



for the last ten years, approved and passed by the Legislature, have 

 been double the estimated revenue, as I shall now proceed to show. 

 The total revenue collected in the county of Maryland for the last 

 ten years amounted to $335,598.02. A little less than one-half of 

 this sum is placed at the disposal of the local administration, say 



107. HON. AKTllUK liAKCLAY, PKESIUENT 

 OF LIBERIA, 1906 



ii 60,000. The appropriations for Maryland County for the same 

 period, or let us say the local budget, have amounted to $243,139.06, 

 most of which was drawn for, and the difference between receipts and 

 expenditure went to form the floating debt. 



In fact, the floating debt in that district was found to be 

 about $44,000, Everybody can see how this debt has been 

 VOL. I 337 22 



