668 



SOUTH CAROLINA. 



$348,245.75, leaving a balance unpaid of $167,- 

 262.25. Of this unpaid balance there is due 

 for interest on bonds already funded $115,- 

 650.91, and to meet interest on bonds not yet 

 funded $51,611.34. 



The amount of interest to be provided for 

 1881 is estimated at $398,350, being the 

 amount estimated on the basis of a bonded 

 debt of $6,639,170. 



The following is a statement of the receipts 

 of the State Treasury from November 1, 1879, 

 to October 31, 1880: 



Forfeited lands $21,370 83 



Taxes previous to 1879 161,734 48 



Taxes of 1879 249,356 40 



Kailroad assessments 248 52 



Phosphate royalty 65,001 95 



Agricultural Bureau 9,243 57 



Secretary of State's fees 2,12730 



Trustees State Orphan Asylum 199 65 



Net receipts $509,282 70 



Amount in Treasury, November 1, 1879. . 243,488 04 



Aggregate $752,770 74 



The expenditures for the same period were 

 as follows : 



On old accounts $26,778 29 



Governor, Comptroller, Secretary of State, and 



Treasurer 25,381 50 



Adjutant-General's department 4,808 28 



Educational department 5,484 88 



Health department 5,100 00 



Tax department 19,383 10 



Legislative department ; 65,612 07 



Judiciary department 58,065 85 



Penal and charitable institutions 34,458 27 



Lunatic Asylum 82,000 00 



Deaf, Dumb, and Blind Institute 8,300 00 



Catawba Indians 800 00 



Adjustment of debt 6,274 95 



Salaries of State-House keeper and watchmen. . 1,300 00 



Publishing Treasurer's statements 1.000 00 



Civil contingent fund 1,697 45 



Eepairs to Executive Mansion, etc 1,115 14 



State-House and grounds 225 32 



Hired convict-labor returned to the Penitentiary 3,354 01 



Claims passed by the Legislature 3,405 51 



Sundry expenses 1,771 50 



Interest of public debt 348,245 75 



Aggregate expenditures $704,511 88 



Aggregate receipts 752,770 74 



Balance in the Treasury November 1, 18SO .... $48,258 86 



The un collected balance of the year's tax 

 levy for general purposes was $320,644. This 

 amount, with the unreserved balance in the 

 Treasury of $27,761.44, would make $348,405.- 

 44 available for unpaid balances of 1878-'79, 

 amounting in the aggregate to $231,229.51, 

 leaving a balance in the Treasury of $117,175.- 

 93. Deducting about $7,000 of appropriations 

 against this balance, surplus to be carried to 

 the fiscal year 1880-'81 is, in round numbers, 

 $110,000. 



The value of all the real and personal prop- 

 erty" in the State is as follows : 



Real property returned $59,978,998 



Counties not yet reported, estimated 17,630,668 



Total value of real estate $77,609,666 



Personal property returned 35,892,790 



Counties not yet reported 6,892,978 



Total personal property $42,785,768 



Railroad property 13,767,400 



Total assessment $134,162,834 



The estimates of the amount to be provided 

 for the fiscal year 1880-'81 are as follows : 



For ordinary current expenses $270,941 53 



For interest on the public debt 393,350 00 



Total $669,291 53 



Against this there is to be set off the 

 phosphate royalty, based on the re- 

 turns of the last year $65,000 



Probable surplus from taxes of 1879. . . . 110,000 $175,000 00 



Leaving to be provided $494,29153 



Which amount can be raised by a tax levy of 

 4 mills, as against 4f mills in 1879. 



The State Railroad Board of Equalization was 

 governed in their action in raising the valua- 

 tion of the railroads by the sale of the Green- 

 ville Railroad, which road brought at auction 

 more than twice what it had been previously 

 assessed at by the board, which was compelled 

 by the law, therefore, to raise the assessment 

 100 per cent., and the valuation of the other 

 roads was increased in the same proportion. 



The enforcement of the collection of the 

 poll-tax was stopped by the decision of one of 

 the Circuit Judges to the effect that the penalty 

 enacted was unconstitutional. For 1878-'79 

 the collections were $111,415.57; for the pre- 

 vious year they were $13,818.15 less. 



The Comptroller states that the lands for- 

 feited to the State for non-payment of taxes 

 have been repeatedly offered at public sale 

 and not sold for want of bidders, and suggests 

 that the words "at public sale" be stricken 

 from the act of 1879. 



The insurance statistics show that fifteen 

 new fire and three new life companies have 

 entered the State, and seven fire and three life 

 companies discontinued business here during 

 the year. There are now licensed seventy fire 

 companies with a paid-up capital of $46,000,- 

 000, and nine life companies with a paid-up 

 capital of $800,000, not including mutual com- 

 panies. 



The royalty paid into the State from Sep- 

 tember 1, 1879, to September 1, 1880, was 

 $65,313.98, as against $97,002.77 for the pre- 

 ceding year, a falling off of $31,688.79, or about 

 33 per cent. 



Reports show the amount of the school 

 fund, the school attendance, and the number 

 of schools and teachers, to be greater than at 

 any previous time. The number of education- 

 al institutions in the State was as follows: 

 Colleges, male and female, 12; professional 

 schools, 2 ; industrial training-schools, 3 ; pri- 

 vate academies or high-schools, 81 ; public 

 academies or high - schools, 49 ; elementary 

 evening-schools, 3; private elementary schools, 

 208 ; public schools, 2,793. 



At the last session of the General Assembly 

 the agricultural fund, which had been lost, 

 was restored, and vested in the trustees of the 

 South Carolina University, who are authorized 

 to open the agricultural and mechanical school 

 in connection with the university. The fund 

 is deemed sufficient to establish a technical 

 school of the best class. The Institute for the 



