ed with the true state of this department, in this respect, and pro vide the means of meeting the contingency. By deducting the $80,000 returned from the internal improvement fund, from the receipts, which has been applied to meet the current expensesbut which does not properly form a part of the ordinary revenue-it will be seen the actual amount received from all other sources, falls short of meeting the demands on the treasury for this branch of the public expenditures, in the sum of $91,553 24, which has been made up, as before stated, by the $80,000 returned from the internal improvement fund, and by overdraft on the Michigan state bank, for the balance. The ordinary receipts of the state, applicable to the payment of its current expenses, except from direct taxes, are limited; and even including taxes, are at present inadequate to the support of government. It will, therefore, be highly necessary, that this department may not be embarrassed for funds, that early measures should be adopted by the legislature, to provide for this branch of the public service. I submit statements of the probable receipts and expenses for the year 1839-the former is estimated at $117,672, and the latter at $124,778. Nominally, the amount of estimated revenue, including taxes due for years 1836 and 1837, and assessments for the year 1838, is nearly sufficient to meet the estimated expenses of the state; but, as a large amount of the revenue is to be derived from taxes alone, and as the taxes already due, are probably from non-resident lands, and as the assessments for 1838 will not reach the treasury till quite late in the year, and perhaps be subject to the same contingency the receipt of taxes heretofore has been -delay in the collections and transmissions to this office--I would respectfully suggest, in order to obviate the difficulty which this department will labor under, for want of funds, that temporary loans be made from our banks, for a length of time sufficient to enable the taxes already due and coming due, for 1838, to be made available to the treasury. The collection of the amount due from taxes, for the years 1836 and 1837, may be much facili tated, by so amending the revised statutes, relating to the return of delinquent taxes to the Auditor General's office, and the issue of state stocks by the State Treasurer, that the taxes due previous to the adoption of the revised code may be included; by which means the state will, from the sale of its stock, in all probability, be put in funds at a much earlier period, than by the ordinary mode of collections and transmissions through the several county treasuries; public convenience will also be promoted, and the treasury be made speedily replenished to the amount now due from that source. Including the balance on the first day of January, 1838, to the credit of the internal improvement fund, amounting to $80,543 55, the receipts from sale of state stocks and the five per cent on the United States land sales, placed to the credit of that fund, amount to the sum of $1,265,538 51; and the amount drawn from that fund is $679,551 83, leaving an unexpended balance of $585,986 68 this day. There is a balance to the credit of the sinking fund of $80,562 45, applicable to the payment of interest on state stocks issued for the purpose of internal improvements. Under the "Act authorizing a loan of a sum not excceding one hundred thousand dollars, for the benefit of the Ypsilanti and Tecumseh railroad company," approved April 6, 1838, sixty thousand dollars, out of funds arising from the sale of state stocks, has been paid to said company, upon evidence filed in this office, that the securities required to be given had been perfected and filed with the Auditor General. Under the "Act authorizing a loan of one hundred thousand dollars for the relief of the Allegan and Marshall railroad compauy," approved April 6, 1838, the sum of sixty thousand dollars, from the sale of state stocks, has been passed to the credit of that company, subject to draft of said company, upon securities being perfected and filed according to the above act. Agreeable to law, state stocks have been issued during the year for the following purposes, and to the following amounts, viz: under" An act to provide for the relief of Detroit and Pontiac railroad company," approved March 5, 1838, the sum of one hundred thousand dollars has been delivered to said company, securities having been perfected and filed according to law. Under "An act to authorize a loan of a certain sum of money to the University of Michigan," approved April 6, 1838, state stocks for the sum of one hundred thousand dollars have been delivered to the Board of Regents, the requirements of the act authorizing the issue, having been complied with. And under "An act authorizing the building of the state penitentiary," approved March 22d, 1838, the sum of twenty thousand dollars, and the proceeds of which, amounting to the sum of twenty thousand eight hundred and fifty-three dollars and thirty-five cents, has been paid to the commissioners superintending the penitentiary, as per account rendered. Respectfully submitted. H. HOWARD, Treasurer. DOCUMENTS. (No. 1.) Statement of the current expenses of the State for general purposes, for year 1838. Statement of expenses for general purposes, for the year 1838, including the expenses of the November session of the legisla ture, year 1837, as per warrants paid the following persons: 1838. Jan. 1. Paid Epaphs. Ransom, one quarter year's 3. salary, associate justice, ending Dec. 31, 5. Jno. E. Schwarz, one quarter year's sala- Wm. A. Fletcher, one quarter year's sala- 6. George Morell, one quarter year's salary as associate justice, ending December K. Pritchette, one quarter year's salary as 15. D. Houghton, State Geologist, John Norton, jr., fiscal agent, John Norton, jr., fiscal agent, ses, 19. John Norton, jr., fiscal agent, Carried forward. $375 00 12.00 31 25 400 00 375 00 250 00 6,000 00 45 45 39 00 12,491 30 3,632 94 16,208 69 Horatio James, witness in case G. Morell, 8. K. Pritchette, salary as secretary of state from Jan. 1 to Feb. 5, 575 100 00 Brought forward, Feb. 21. F. Cowdery, recording journal adjourned session of legislature, Mar. 1. 2. Internal improvement fund-this amount Wm. F. Shepard, witness in case Geo. Mo rell, 3. Jno. Norton, jr., fiscal agent, ture, Jno. Norton, jr., fiscal agent, Jno. Norton, jr., fiscal agent, 230 75 35 00 7,224 84 6 40 171 00 3 00 Jno. Norton, jr., fiscal agent, 11 50 5 00 421 25 Henry C. Bunce, for Calhoun, county Patriot, |