MARYLAND. 



515 



Mario made large amounts of money by his 

 profession, but was comparatively poor in his 

 old age. He had a valuable collection of manu- 

 scripts and autographs, which he left to one 

 of his three daughters, Mrs. Vaughan. 



Irora the direct tax . $96761811 



From internal improvement companies divi- 

 dends and interest 261 662 99 



From ordinary sources, to wit : Licenses," tax 'on 

 gross receipts of railroads, tax on insurance 

 nd commissions, etc 



Total receipts for fiscal year 1888 $2^097,876 88 



For the fiscal year 1883 there 

 were no legislative and attendant 

 expenses, and not a dollar was car- 

 ried out of the treasury proper to 

 the credit of the sinking fund ; 

 hence the large balance in the treas- 

 ury at the end of this year. 



Says Gov. Hamilton, in his mes- 



MARl'LAm State Government. The follow- 

 ing were the State officers during the year: 

 Governor, William T. Hamilton, Democrat; 

 Secretary of State, James T. Briscoe ; Treas- 

 urer, Barnes Cornpton ; Comptroller, Thomas 

 J. Keating ; Attorney- General, C. J. M. Gwinn ; 

 Adjutant-General, J. Wesley Watkins; Com- 

 missioner of Lands, William H. Haywood ; 

 Tax Commissioner, Lev^n Woolford; Insur- 

 ance Commissioner, Jesse K. Hines. Judiciary, 

 Court of Appeals: Chief- Justice, James L. 

 Burtal ; Associate Judges, J. M. Robinson, John 

 Ritchie, L. T. H. Irving, R. H. Alvey, Frederick 

 Stone, George Yellott, and Oliver Miller. 



Finances. The condition of the treasury is 

 shown by the tables of the Comptroller for the 

 fiscal year ending Sept. 30, 1883: 



Total receipts during the fiscal year $2,097,376 88 



Balance in the treasury, Sept. 30, 1882 638,506 63 



Total ... $2,735,883 51 



Disbursements for the fiscal year 1,753,699 99 



Balance in the treasury, Sept. 30, 1888 $982.183 52 



The receipts into the treasury for the year 

 were from the following sources: 



It appears that there was due from the 

 treasury proper to the four general loans 

 the sum of $1,553,307.09 for receipts re- 

 ceived from the special taxes laid for their 

 exclusive use. There is but $191,190.48 

 in the sinking fund to the general ac- 

 countj and the surplus in the treasury to 

 meet it, and if both could be applied to 

 these loans there would still be left a 

 balance of $379,933.09 due them from the 

 treasury. 



All this large sum was wrongfully taken 

 for other purposes and illegally expended 

 upon other objects ; in fact, supplied the 

 means for the extravagances and abuses 

 of the past. The laws creating the debts 

 expressly directed that the revenues from 

 taxes laid by them should be applied to 

 the debt, and the Constitution expressly 

 forbids that they should be used for any 

 other purpose ; yet neither was observed. 

 Had they been regarded at all, there 

 could not be that general balance hi the 

 treasury that is made to appear at the end 

 of the last fiscal year. That general bal- 

 ance does not Belong to the treasury 

 proper. It should be to the credit of the 

 shaking fund and invested in securities 

 for the payment of these debts as they 

 become due. 



The public schools got but $468,970.17 

 for the last fiscal year, when the tax for 

 their benefit yielded $516,004.76. The difference of 

 $49,034.62 is in the general balance in the treasury, 

 and goes to make up this surplus. 



The proceeds from the internal improve- 

 ment companies are pledged to the payment of 

 the debt and interest. These have also to 

 some extent been diverted. 



The public debt of the State at the end of 

 the last fiscal year was $11,269,822.89. 



The interest on the public debt for the last 

 fiscal year was $646,165.16. For the present 

 fiscal year, ending Sept. 30, 1884, it will be 

 $578,586.38, and annually thereafter, until re- 

 duction of debt, $556,060.14. 



The productive assets of the State in internal 

 improvement companies at the end of the last 

 fiscal year (1883) are as follow : 



Stock in Baltimore and Ohio Railroad Company.. $968,615 TO . 



Stock in Washington Branch 550,000 00 



Stock in Baltimore and Frederick Turnpike Com- 

 pany 11,00000 



Bonds in Baltimore and Ohio Railroad Company. 866,000 00 

 Bonds in Northern Central Railroad Company 



(mortgage) 1,500,000 00 



Total $3,895,615 70 



In addition to this there was a partial pay- 

 ment ($36,000) made during the last. year on 





