NEW YORK. 



577 



ernor of the State. Mayor Cooper had re- 

 moved certain of the police commissioners, and, 

 while giving them an opportunity to answer 

 the charges against them in person, had re- 

 fused to hear counsel or to make a judicial in- 

 vestigation of his charges. In the case of one 

 of the commissioners, Mr. Sidney P. Nichols, 

 whose removal had received the approval of 

 the Governor in April, 1879, the matter was 

 carried into the courts by an application for a 

 writ of certiorari for his reinstatement. This 

 and other cases involving the Mayor's power 

 of removal were in litigation for several months, 

 and there was much conflict of judicial opin- 

 ion and decision ; but the Court of Appeals de- 

 cided that the Mayor was bound to conduct a 

 judicial inquiry, hearing evidence and argu- 

 ment, before he could remove the officials 

 against whom his charges were directed. This 

 virtually determined the controversy in favor 

 of the commissioners and against tbe Mayor. 



The financial condition of the State is de- 

 clared by the Governor to be '" eminently satis- 

 factory." The following statement exhibits 

 the transactions of the financial department for 

 the fiscal year, and the general condition of 

 the State Treasury on the 30th of September : 



Aggregate balances in the Treasury of all the 

 funds, October 1, 1879 $4,518,356 41 



Aggregate receipts during the fiscal year end- 

 ing September 80 



Total 



Payments during the year 



11,835,570 93 



$16,853,927 34 



... 12,905,711 96 



Balance in the Treasury September 30. .. $3,448,215 38 



Amount of receipts into the Treasury on ac- 

 count of the general fund revenue during 

 the year $5,859,566 20 



Payments 6,290,418 91 



Apparent deficiency, September 30 $430,852 71 



Balances due from county Treasurers, Septem- 

 ber 30, on State tax of 1879 $222,606 92 



Add amount paid on account of 1880 appro- 

 priations, included in tax levy, payable into 

 the State Treasury in April and May. 1881, 

 of which $590,000 are for New Capitol .... 1,069,065 39 



Total $1,291,672 31 



Deduct apparent deficiency of the 

 revenue, September 30, as shown 



in preceding statement $430,852 71 



Also balances of 1879 appropria- 

 tions unpaid, and in force Sep- 

 tember 30 208,059 99 



638,912 70 



Actual surplus September 30, 1SSO $652,759 61 



On the 30th of September, 1879, the total 

 funded debt was $9,122,054.87, classified as fol- 

 lows: 



General fund (representing Indian annuities) . $122,694 87 



Canal 8,988,360 00 



Bounty 11,000 00 



Total $9,122,054 87 



On the 30th of September, 1880, the total 

 funded debt was $9,114,085.87, classified as fol- 

 lows: 



General fund (representing Indian annuities) . 

 Canal 



Bounty.. . . 



Total $9,114,05487 



The general fund State debt is all paid, and 

 the item of $122,694.87 represents the amount 

 required to yield at the rate of six per cent, the 

 sum necessary to pay the Indian annuities. 

 The balance of $3,000, bounty debt, for which 

 funds are provided, had not been presented for 

 redemption at the close of the fiscal year. A 

 balance of $2,051,480.17 in the canal sinking 

 fund leaves the amount of that debt, unpro- 

 vided for, September 30, 1880, at $0,936,879.83. 



The State debt on September 80, 1879, after 

 deducting the unapplied balances of the 

 sinking fund, amounted to $7,659,42689 



On September 30, 1880 ^including $122,694 87) 

 to 7,059,574 70 



Showing net contributions to sinking fund of $599 851 69 

 The actual reduction of the debt during the 

 same period by cancellation being 8,000 00 



The total valuation of property in the State 

 for purposes of taxation is $2,637,869,235, and 

 the State tax levy for 1880-'81 is three and a 

 half mills on the dollar. 



The revenues of the canals for the year end- 

 ing September 30, 1880, were as follows : 



Tolls 



Kent of surplus water 



Miscellaneous 



Total $1,200,13463 



Total expenses for ordinary repairs, superin- 

 tendence, and collection of tolls 889,015 84 



Surplus revenues of the canals for the fiscal 

 year ending September 30, 1880 $311,118 79 



A comparison with the previous year shows 

 the following results: 



A gain in revenue of $278,881 82 



Increase in expenses 137,241 02 



Gain in net revenue $141,640 80 



The amount necessary to meet the constitu- 

 tional requirements in regard to the canal debt 

 for the year is as follows : 



For interest on canal debt. 

 For the sinking fund 



Total 



Surplus revenue realized . , 



$538,902 00 



450,00000 



$988,90200 



811,11879 



Deficiency for year ending September 80, 1880. $677,783 21 



Add deficiency in tax in 1879 24,807 46 



Add for interest on these deficiencies until the 



same can be realized from taxes 56,207 25 



Total amount to be supplied by tax $758,797 92 



The canals were suddenly closed by ice in 

 November, and more than one thousand boats 

 were arrested in their passage. Of these, 746 

 were loaded with grain for tidewater, con- 

 taining approximately six million bushels. 



The record of the calendar year showed an 

 increase of 20^ per cent, in the tonnage of canal 

 traffic, and 22} per cent, in tolls. The follow- 

 ing shows the tolls and tonnage for the last four 

 years : 



The total number of miles of railroad in the 

 State is 9,186, of which 477 miles are horse- 



