MASSACHUSETTS. 



527 



3. The existence of any case of such diseases in a Real estate decreased $73,026,005 ; personal 

 house to exclude the inmates from attendance at estate, including bank stocks, $29,114,478.13; 

 schools for a suflicient length of time, the propriety dp ? tfl in Sft ^n0-s hnnl^ *<*8 fil fl Q2Q 01 Tim 

 of readmission being certified to by a competent deposits m savings banks, fcM,51U,H2VJ.01. Ine 

 physician. corporate excess above real estate and macnin- 



4. Disinfection of premises and clothing, by the ery increased $1,602,025.62. 



Board of Health, in every house where the above But the burden of taxation in the State is 



di ni e :S^^ creat t ed main ft ** ve ? al and 



pose of advising teachers and pupils, and pointing county expenditure ; the rate of btate taxation 



out to the School Committee matters in regard to being only 63'7 cents on each thousand dollars 



which their authority might be used to improve the of a reduced valuation, while the average mu- 



sanitary condition of schools. nicipal rate, including the State tax, is $12.54 



The amount of the State debt on January 1, P er ^oujand. The amount however of the 



1879, was $33,020,464. It had been reduced unicl P al ***, : levy is steadily and materially 



$200000 during 1878. It is classified as fol- Decreasing. That amount for the last hve years 



* rnilroad loans <iU7 738 996 war loflrm has been as follow8 : 18 ^, $28,700,605 ; 1875, 



Jows. railroad ioans>, &>.u,{oo,yyo, war loans, ^ ^. ^ 10 ^. ftn 1ftl7 /. A O ,I rrVoono. iaW d&oo 



$10,468,188; loans for public buildings, $4,- f?H3 IQ^Q 2I?vf? 1 ' ? 5 ' *? '" 



813,280 The State has no temporary loan, ?. 16 ' 9 f ' I 878 ' $21,761,637 ; showing a reduc- 



the entire indebtedness being funded. All the * on *> r tbe f whole fJ d * * 6 > 93 & 968 ' an . d 



debt is placed at 5 per cent, and will become for the past year ot $2,145 302 The maxi- 



due as follows ; 1880, $220,000 ; 1883, $1,088,- mum of Ration was reached in 1874, and the 



000 ; 1888, $3,061,300 ; 1889, $3 142,128 ; 1890, decrease n f 1S more than one fourth of the 



$503,468 ; 1891, $3,815,040 1893, $1,150,000 le . vv * r . tba */f r ' The stat f tlcs ,<> f th mu - 



1894 $9980,244; 1895, $4,840,260; 1896 mci pal indebtedness are worthy of mention m 



*1 100000- 18Q7 ^90000- IQOO^ 599024 consideration of the general embarrassments. 



Tne amount o^ Sklng Cd's S!ry 1 9 1878, J>8 18 ?\ 203 towns diminished their debt, 



was $10,885,690.21, an increase during the year 67 increased it, and m 20 there was neither m- 



of $382,905.63. The revenue receipts for the f rease no / ^crease. There are 63 towns that 



year were $6,932,944.23 ; fund receipts, $4,- ba P debt ' a f, msfc 54 to f wns J^f . bad no 



debt m 1877 ' Tne Percentage of indebtedness 

 ?'- increased in 90.towns, but in 27 of these 



qfi7 4.9 ThP cfrnqq rpppint^ WPT-P <fe!l lfc 1S due to a Diminution of valuation. The 



??2 7 f grols ^e^M^r98 $ .86': following is a synopsis of the aggregate valua- 



gross balance of cash $2,211,376.66. The trust ^ by , the local assessors, aggregate net debt 



fnnfk i ns follows of niunicipahties, and percentage of the same 



for the years 1871 to 1878 inclusive : 



Massachusetts school fund $2,067,581 71 



Todd Normal School fund 12,100 00 



Rogers book fund 1,00000 , Aggregate net Percent- 

 Agricultural College fund 860,067 40 YEAR< Aggregate valuation. debt< ag& 



Harbor compensation fund 129,836 33 . 



Commonwealth flats improvement fund 303,71878 ]S71 $1,497 51,686 $39,421298 '026 



1872 1.696,599.969 45,221,745 "026 



Total $2,874,30427 1873 1,763,429,990 53,380.118 030 



1874 1,831,601,165 64,904,069 '03.> 



The State tax has declined from $2,000,000 |375 &S&2? gjSKSS '-oto 



in 1875 to $1,000,000 in 1878, with such a pros- }gj ; ;;;; Zw&$ lUSJIS -w 



pect of decrease that its continuance is limited. 1878 i, 568,988,210 68,864,685 -043 



A statement of the taxable property of the 



Commonwealth is as follows : The gross interest-bearing debt of the towns 



Eeal and personal estate, as returned by the and cities on the 1st of May, 1878, was $89,- 



assessors of the cities andtowna to the 601,156. If the average rate of interest was 



*$IS*!7. .! ^ . m ^. nW . eal ! h '. May . ^ $1,568,988,210 00 6 per cent., it would amount to $5,376,000 ; the 



Amount not included in the above, on ac- total diminution of indebtedness was $3,185,- 



count of the national-bank stocks held by nnn -. f i anma riAfl fnr infprpsst onrl thp 



non-residents of the places where the > and tne sums *&& lor interest and tne 



banks are located 26,236,060 12 payment of debt equaled nearly forty per cent. 



D ?h:iVoVmffiYs"! s . aa .: e ' umed .. by o^m ^ of * e muniei p t al ta ; ^ the y T i , 



Property of corporations, above real es- The aggregates of the several classes of ex- 



tate and machinery, taxed in the cities einpted property are as f ollows : Literary in- 



and towns, May 1,1878 _74,^2J8 8tit u t ions, $9,594,254; benevolent, $803,436; 



Total taxable property $1,879,823,73893 charitable, $9,167,520; scientific, $1,900,050; 



rp, houses of religious worship, $31,934,588 ; 



The aggregates during the year 1877 were agricultura i societies, $485,549; aggregate of 



exempted property of all classes, $53,855,- 



Assessors' aggregates $1,668,226,782 00 397. 



KffiS*tS^:::::::::::: The following table AOWB the number of 



Corporate excess 72,536,046 75 tons and passengers carried, and the total trans- 



Total i^^slo" Prtation expenses and earnings of the several 



Decrease of 'taxable values .'.'.'.'..'..'....'.'.'.. $ 134,049,396 52 railroad companies d urmg three years : 



