There was, however, at this date, a balance of interest due on bonds issued by the State for her own benefit, other than those issued to the property banks, amounting to And appropriations due to schools, Making amount due Jan. 1, 1844, $142,515.42 88,490.08 $231,005.50 The State is responsible on the various bonds issued by her, and on deposits made with her, for a sum amounting to $21,433,523.03, exclusive of interest. From this should be deducted 1st, The amount of the surplus revenue of the federal government, deposited with the State, $477,910.14 2d, The amount deposited for vacant estates, 27,692.89 These liabilities consist of two distinct and separate classes: First, Such as were incurred by the State for administration purposes; for the purpose of sustaining and carrying on the government of the State; for the furtherance and prosecution of enterprises undertaken for the advantage of the citizens; or for objects which seemed to promise pecuniary profits to the State. These, excluding interest, amount to $3,898,000.00. Second, Such as were incurred by the State for the purpose of furnishing different corporate institutions with capital to be employed in banking. The Union Bank has thus far faithfully paid the amount due on the bonds issued to her by the State. The two other institutions have failed, and gone into liquidation; but they hold notes, secured by mortgages of real estate, from which, it is believed, enough will ultimately be obtained to pay off all the bonds issued to them. The State owns property which is thought to be abundantly sufficient for the redemption of the bonds issued for her own proper use and benefit. This property consists, first, of bank stock, (Bank of Louisiana, $2,000,000; Mechanics' and Traders' Bank, $150,000; Louisiana State Bank, $60,000,) amounting to $2,210,000. Secondly, the right to select 500,000 acres from the unappropriated U. S. lands remaining in the State, worth at least $4 an acre. The value of these lands then is $2.000.000. Thirdly, various lands and public improvements, estimated at $650,000. The whole available property, then, is $4,860,000. It is proposed to sell this property as fast as it can be done without materially depreciating its value, and with the proceeds to pay off the State's own proper debt XIX. ARKANSAS. GOVERNMENT. SAMUEL ADAMS, of Johnson Co., Acting Governor, (term of office expires November, 1844,) David B. Greer, of Little Rock, Secretary of State, Elias N. Conway, Jared C. Martin, do. Auditor of Public Accounts, do. Samuel Adams, of Johnson Co., Salary. $2,000 800 1,400 1,000 $5 a day. Treasurer, President of the Senate. The Supreme Court has appellate jurisdiction only, except in particular cases pointed out by the constitution. The judges are elected by the General Assembly, by a joint vote of both Houses, for eight years. The Circuit Court has original jurisdiction over all criminal cases, which are not otherwise provided for by law; and exclusive original jurisdiction of all crimes amounting to felony at the common law; and original jurisdiction of all civil cases which are not cognizable before Justices of the Peace, until otherwise directed by the General Assembly; and original jurisdiction in all matters of contract, where the sum in controversy is over one hundred dollars. The Judges are elected by the General Assembly, for a term of 4 years. Table of the Sheriffs and Clerks of the several Counties in the State of Arkansas. Wilford Garner, Emanuel Speegle, Daniel Beck, Miller Irvin, Pike, Lewis Huddleson, Perry, John Greathouse, Poinsett, James Stotts, Clerks. Geo. W. S. Cross. Jas. L. Atchison. J. M. Ross. Philip Agee. Herndon Haralson. Common Schools. - The legislature, at the last session, passed an act establishing a system of common schools; but few schools have yet been organized under the law. The surplus revenue deposited with the State, and some other funds, are made a fund for the support of common schools. XX. TENNESSEE. GOVERNMENT. JAMES C. JONES, Governor, (term of office expires Oct. 1845,) Salary. $2,000 $750 and fees. 1,500 2,000 1,000 500 Treasurer, & Sup't of Public Instruction, Attorney General, & Reporter, State Geologist, Speaker of the Senate. Speaker of the House. The legislature consists of a Senate of 25 members, and a House of Representatives of 75 members; all elected for two years. The members of the present legislature were elected in August, 1843. Pay of the Senators and Representatives, $4 per day. The Judges of the Supreme Court are elected by a joint vote of the two Houses of the General Assembly, for the term of 12 years; and those of the inferior courts, in the same manner, for the term of 8 years. Circuit Courts.-The State comprises 14 circuits, and the judges were elected in January, 1836. Salary of each judge, $1,500. 1. Seth J. W. Lucky, of Jonesborough. 2. Eben'r Alexander, of Knoxville. 3. John O. Cannon, of Madisonville. 8. Edm. Dillahunty, of Columbia. 9. William R. Harris, of Paris. 10. John Read, of Jackson. of Bolivar. 13. A. J. Marchbanks, of McMinnville. 14. Benj. C. Totten, of Huntingdon. Principal items of Expenditure. Salaries of Ex. officers, Salaries of the Judiciary, FINANCES. Chief sources of Income. 35,346.25 Bank tax, 22,018.88 Balance from 1842, Incidental exp. of Judiciary, 2,921.03 Income of State funds, Pay of the Legislature, Incid'al exp. of Legislature, 5,176.79 Miscellaneous, Interest on the State Debt, 173,678.75 14,750.00 291.678.75 189,590.47 120.00 4,689.00 Am't received in 1843, $253,531.67 117,087.40 Amount expended, 315,188.25 Common Schools, Charitable Establishments, 1,411.85 The fiscal year is from the first Monday of October to the first Monday of October, including the former, and excluding the latter; and the above "items of expenditure" represent the sums paid in that period in 1842-3, on the several specified accounts, but do not truly set forth the actual expenditures of the whole year 1843. Thus, the sum of $22,018.88, "pay of the Legislature," is the pay of that body at its session of 1842, which commenced on the day of the beginning of the fiscal year, 1842-3. The pay of the Legislature for 1843, will be shown in the Almanac for 1845. The total value of taxable property in Tennessee is as follows: Land, $69,298.493 White polls, 85,284 390,158 $120,809,671 The University of Nashville has a permanent fund of about $45,000, which bears interest at 6 per cent., out of which interest and the tuition fees, the expenses of the institution are borne. Besides this, there is due to it about $15,000. These constitute the sum total of its endowments; and when we remember, that the first of these sums was derived from certain lands which Congress, by its act of 1806, ch. 31, required the State to appropriate to the use of two Colleges, one in East and one in West Tennessee, we are reduced to the mortifying necessity of admitting, that the institution owes nothing to the munificence of the State. The same remark is applicable to the University of East Tennessee, and, indeed, to every literary institution in the State. The same act of Congress required the State to appropriate 100,000 acres of land in one body for the use of Academies, one in each county in the State. By the act of the Legislature of 1837, c. 107, § 8, the Legislature appropriated the annual sum of $18,000 to the Academies, on condition that they should relinquish to the State all claims to those lands. This relinquishment was made, and in consideration of it, the faith of the State is pledged to the annual payment of the $18,000 to those institutions. |