f>:>s 



MARYLAND. 



Hon. Charles Manly, of Raleigh, N. C., and 

 then removed to Newbern, from which town 

 be was elected a member of the House of Com- 

 mons in 1834. Ho \v:is tho lust representative 

 of that ancient borough, the convention to 

 amend the Constitution in 1835 having abol- 

 ished its right of representation. In 1840 Mr. 

 Manly was elected Judge of the Superior Court. 

 This position ho filled with honor for twenty 

 years, when he was promoted to the Supreme 

 Bench, where he served most acceptably until 

 he retired about the close of the war. Soon aft- 

 er the termination of hostilities he was chosen, 

 with Governor Graluun, by the Legislature of 

 North Carolina, to represent the State in the 

 United States Senate; but they were not al- 

 lowed to take their seats. Judge Manly con- 

 tinued to practice law in Newbern up to the 

 time of his death, and enjoyed the highest es- 

 teem of that community and of the State at 

 large, as a m:in of great legal ability and emi- 

 nent personal virtues. 



MARYLAND. The presidential vote in 

 1880 was as follows: for the Garfield electors, 

 78,515; Hancock electors, 93,706; Weaver, 

 818. In November, 1881, an election was held 

 for Comptroller of State and members of the 

 Legislature. For Comptroller, Keating, Dem- 

 ocrat, had 13,600 majority over Gorsuch, Re- 

 publican. The vote, so far an received, was 

 70,629 for Keating and 57,029 for Gorsuch. 

 The Republicans carried more than half the 

 counties in the State, and the Democratic ma- 

 jority was duo to the large vote in the city of 

 Baltimore. The Legislature consists of 16 

 Democrats and 10 Republicans in the Senate, 

 and 59 Democrats and 32 Republicans in the 

 House. The Democratic majority in the two 

 Houses is smaller than it has been for fifteen 

 years. Of the Democratic Senators 6. and of the 

 Democratic Assemblymen 18, are said to be op- 

 posed to the present management of the party. 



The following condition of the Treasury is 

 shown by the tables of the Comptroller for the 

 fiscal year ending September 30, 1881 : 



Total receipts during the fiscal year $1,996,641 08 



Balance in the Treasury September 30, 1830. . . 513,026 86 



$2.509.667 44 

 Disbursements for the fiscal year 1,757,469 15 



Balance in the Treasury September 80, 1881 ... $752,193 29 

 The receipts into the Treasury were from the 

 following sources: 



From direct tax $1,018,500 47 



From internal improvement companies, divi- 

 dends and interest 225,07694 



From the ordinary sources, to wit: 

 Licenses, gross receipts, foreign insurance, etc 753,063 67 



Total receipts $1,996,641 08 



The disbursements were as follows : 



To interest on public debt $643.340 27 



To public schools 510.413 08 



To credit of sinking fund 19.46750 



To redemption of debt '.'..'.'.'.'.'.'.'. 24,000 00 



To the ordinary expenditures, to wit : 

 (Salaries, colleges and academies, public insti- 



tutions,etc 560,248 80 



Total disbursements $1,757,469 15 



Tlie direct tax is that which is levied and 

 collected from the assessable property of the 

 State, which is now 18f cents on the $100 of 

 property, and which brought into the Treasury 

 during the last fiscal year the following sums: 



For Normal School and House of Correction 



loan, now paid $1,415 18 



For public schools, tax 10 cts 548,771 78 



For bounty or defense loan, tax 5J c 299,187 95 



For Deaf and Dumb Asylum loan, tax J ct... 40,484 70 



For Hospital loan, tax 1 ct 54,888 60 



For Treasury Relief loan, tax 1 J ct 79,252 26 



Total tax, 18f cts $1,018,500 47 



The loans above referred to are the follow- 

 ing: 



Defense or bounty loan, due In 1888 $3,326,750 66 



Deaf and Dumb Asylum loan, due In 1885 and 



1889 225,000 00 



Maryland Hospital loan, due in 18S7 and 1891 . 46o,uOO 00 



Treasury Relief loan, due in 1893 500,000 00 



Total amount of these loans $4,516,750 66 



This part of the public debt being provided 

 for by these specific taxes, and there being no 

 other direct tax except that for schools, which 

 belongs exclusively to them, other sources for 

 the payment of the remaining interest on the 

 public debt have to be looked to. 



The public debt at the end of the fiscal year 



ending September 30. 1881, was $11,257.560 69 



Deduct amount provided by these taxes 4,516,750 66 



Leaving the interest to be paid from other 

 sources on this amount of debt 



Which is in loans, as follows : 



Five per cent sterling loan, interest payable in 

 London, in gold, and due in 1889 



Five per cent currency, due in 1S90 



Three per cent currency, due in 1890 



Six per cent currency, due in 1885 



Six per cent currency, due in 1890 



Six per cent currency, Maryland State loan, for 

 redemption and exchange of State debt 



$6,740,810 03 



$4.185,555 58 

 340.5i;4 88 

 269,000 00 

 528.355 00 

 361,040 47 



1,056,304 10 



Total $6,740,810 03 



The productive assets or credits of the State 

 at the end of the last fiscal year are as follows : 



Stock of Annapolis Water Company $30,000 00 



Stock of Farmers 1 National Bank at Annapolis 46,470 00 



Stock of Washington Branch B. & O. R. R. . . 550.000 00 



Stock of B. & O. K. K., 6 per cent dividend.. . 968,615 70 



Bonds B. & O. K. E 366,000 00 



Mortgage on Northern Central Railroad 1,500,000 00 



Total dividend and interest-bearing assets .... $3,461,085 00 



The whole interest paid upon the public debt 

 for the last fiscal year was $643,840 27 



Deduct the interest upon the four loans already 

 provided by the direct tax 271,005 02 



Interest to be provided from other sources 



Deduct therefrom the proceeds from internal 

 improvement companies, dividends and in- 

 terest 



Leaving balance of interest to be paid from the 

 ordinary resources of the Treasury 



The ordinary resources are 



The ordinary disbursements 



Leaving ordinary receipts over ordinary ex- 

 penditures, for fiscal year, 1881 



Deduct payment made on redemption of debt 

 of $24,0i '0 and amount carried to credit of 

 sinking fund of $19,467.50 



Leaving net balance of. 



Balance of interest to be paid. 



Surplus. 



$372,335 25 



225,076 94 



$147,258 81 



$758,063 67 

 560,248 30 



$192,815 37 



43,467 50 



$149.847 87 

 147,259 81 



$2,089 56 



