558 



MINNESOTA. 



tary of State, F. von Bombach; Treasurer, 

 Charles Kittelson; Attorney-General, W. J. 

 Hahn ; Railroad Commissioner, James H. Ba- 

 ker. The term of the present Executive ex- 

 pires in 1885. The November elections of 1882 

 gave the Republicans a large majority in the 

 Legislature. In the Senate there are 34 Re- 

 publicans, 10 Democrats, and 3 Independent 

 members; in the House, 76 Republicans, 28 

 Democrats, 2 Independents, and one Farmer's 

 Alliance nominee giving the Republicans a 

 majority of 64 on joint ballot, and securing the 

 return of a Republican Senator to Congress. 



FINANCES. The actual receipts from taxes 

 and other sources of ordinary revenue, for the 

 biennial period 1881-'82, exceeded the esti- 

 mates by $346,000, but the actual expenditures 

 were $764,000 in excess of the estimated 

 amount. The revenue fund was overdrawn 

 nearly up to the legal limit of $150,000, because 

 the Legislature, while making appropriations in 

 excess of the usual amounts for ordinary pur- 

 poses, and to meet various extraordinary re- 

 quirements, had failed to increase the tax levy 

 so as to provide sufficient revenue. The ad- 

 vances of $142,810 were mostly taken from the 

 trust funds of the State. The extraordinary 

 expenditures were on account of the extra 

 session of 1881, the Cox impeachment trial, 

 the new Capitol, interest on the railroad read- 

 justment bonds, etc. The Capitol-building, 

 which was first to have been restored after the 

 fire of March 1, 1881, at a cost of $75,000, and 

 then rebuilt at an additional cost of $100,000, 

 has finally been replaced, on the responsibility 

 of the Governor, by a fire-proof structure at an 

 outlay of about $300,000. 



The ordinary receipts for the two years 

 were as follow : 



The disbursements for the State government 

 and maintenance of the State institutions were 

 as follow : 



is expected to be made good by a surplus of 

 $167,500 in 1884. 



The sources of revenue are expanding at a 

 very rapid rate with the settlement and agri- 

 cultural development of the State. The taxable 

 property of Minnesota increased from $258,- 

 055,543 in 1880, to $311,200,841. The taxation 

 for all purposes, State and local, in 1881 and 

 1882 is shown in the following table : 





The estimated expenditures for 1883 overrun 

 the estimated receipts $368,925, including the 

 overdrafts already made, but part of the deficit 



The average rate of taxation for all purposes 

 was 17'3 mills in 1881 and 18'4 mills in 1882. 



The total transactions of the State Treasury, 

 including the sales of public lands and invest- 

 ments for the trust funds, conversion of invest- 

 ments, etc., reached $1,979,558 of receipts and 

 $1,421,812 of disbursements in 1881, and $3,- 

 201,416 of receipts and $3,058,317 of disburse- 

 ments in 1882. The allowance of 5 per cent 

 on the sales of United States lands amounted 

 to $3,115 in 1881, and rose to $49,561 in 1882 ; 

 the sales of pine-timber on the State lands 

 amounted to $26,638 in 1881, and $89,174 in 

 1882 ; principal paid on sales of school lands to 

 $37,025 in 1881, and $20,718 in 1882 ; on for- 

 mer sales to $134,774 in 1881, and $210,863 in 

 1882 ; interest on contracts of school lands to 

 $171,587 in 1881, and $167,157 in 1882 ; in- 

 terest on sales and contracts of internal im- 

 provement lands to nearly $100,000 for the 

 two years ; principal from sales of Agricultui 

 College and University lands and interest on 

 contracts, to about $70,000. The interest paid 

 on the permanent school fund bonds, amount- 

 ing to $103,698 in 1881, was $81,225 in 1882; 

 $687,000 was realized from sales of United 

 States bonds. A portion of the Missouri bonds 

 held for the trust funds were also sold, and the 

 main part of the trust fund investments con- 

 verted into the new 4 per cent railroad ad- 

 justment bonds, of which $1,596,000 were taken 

 for the several permanent funds : $204,000 of 

 State bonds of 1873 and 1878 were redeemed. 

 The expenses of the university in 1881 were 

 $47,000; in 1882, $43,881 ; the apportionments 

 of school funds in 1881 were $259,414 ; in 1882, 

 $259,097. 



In accordance with the act of November 4, 

 1881, providing for the adjustment of certain 

 alleged claims against the State, there were 

 redeemed 2,232 Minnesota State railroad bonds 

 of $1,000, and other claims settled to the 

 amount of $53,088. For the settlement of the 



