Messages And Papers Relating to the Administration of Samuel Bigger, Governor of Indiana, 1840-1843 V.7, C.4

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It will be seen that the sum realized at the Treasury for revenue of 1840, amounted to $166,802 90. Of this, $149,700 was paid in Treasury Notes, with interest thereon amounting to $4,450 00,- leaving only available for expenditure, $12,652 90.
The deficiency thereby occasioned has been mainly supplied by the deposite of $35,451 02 of interest on canal lands, made by the Fund Commissioners under the joint resolution of 24th Feb- ruary, 1840, continued by the act approved 4th February, 1841, ^Do
...cumentary Journal, 1841-42, House Doc. No. 5.
2 Note the discrepancies between these figures and those given by the auditor above, 266-67.
284 Bigger Papers chapter 81, and by the deposite of $27,061 51 of the common school fund made by the commissioners of the sinking fund under the act approved 6th February, 1841, chapter 121.^ This last deposite seems to have been designed to remain permanently in the Treasury, and the State is chargeable with interest thereon.
For the repayment of the other, the Treasurer was authorised by the act above referred to, (chapter 81) to negotiate a loan with the branches of the State Bank.


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