Our public funds are thus circumstanced, as to capital, viz.

The state holds of 6 per cent. bearing an immediate interest,     Of 3 per cent. bearing an immediate interest,     Of 6 per cent. bearing an interest after the year 1800,         Installed debt,     Interest due thereon to the 1st November, 1796,     Uninstalled debt, say

Dollars   38126 9 2 2270 7 0 ----------

431012 15/100 331585 77/100 108395 39/100 ---------------- 870983 31/100 ----------------     40396 16 2 22500  0 0 ----------------  £. 62896 16 2

    The uninstalled debt due to the state amounts to £. 60739 15 9, which, from insolvencies, from
the high price that much of the property was disposed at above its real value, from injunctions in
chancery for relief, and various other causes, ought not to be calculated on beyond the last extended
sum, but may probably produce more; therefore,
 

The aggregate amount of our capital appears to be 870983 31/100 Dollars.     And of valid debts                     Amounting in the whole to the sum of

£. 62896 16 2 £. 389515 11 0

The annual interest upon our capital is,         On the amount of 6 and 3 per cent. stock,         Upon the installed debt,         Upon £. 22500 of the uninstalled debt,     To this add our annual income,         Arising from the land-office,         From fines, forfeitures and licences,         From seals in chancery and land-office,       The annual demands on this sum are,         The salary to the governor,             ditto to five counsellors,             ditto to the clerk of the council,             ditto to the messenger to the governor and council,             ditto to the treasurer of the western shore,             ditto to the treasurer of the eastern shore,             ditto to the auditor-general,             ditto to the printer to the state,             ditto to the clerk of the house of delegates,             ditto to the clerk of the senate,             ditto to the chancellor,             ditto to the chief judge of the general court,             ditto to the two other judges of     ditto,             ditto to the three judges of the court of appeals,         Expences of armouries, and armourers salaries,         Half pay list,         Journal of accounts, say         Money for which the executive may draw,         Salary to the adjutant-general,         Ditto to the trustee of the state,         Pay to the jurors in the general courts,         Donation to the colleges,         Interest due on outstanding certificates,         Interest on outstanding emissions of June, 1780,   Annual surplus,

1000 750 250 75 600 150 200 450 100 50 950 600 1000 600 475 1197 7500 500 200 75 2000 3000 1200 375 ------

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 15 0 0 0 0 0 0 0 0 ---

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 --

13444 2287 1350 10000 7500 600 -------  £. 35182                                                 23297 ------- £. 11884 -------

19 11 0 0 0 0 -- 11                                                 15 --- 16 ---

9 9 0 0 0 0 -- 6                                                 0 -- 6 --

    The committee have not, nor is it practicable to obtain, accurate information as to the aggregate
of outstanding certificates, they have been supposed to amount to £. 30000, but interest in the course
of last year has not been paid on the principal of more than £. 3489 1 3, and this circumstance,
together with a known fact, that certificates to a considerable amount were issued by the late John
Johnson, and paid to the army in Carolina, in small sums, when they were of little value, and could
not be taken care of, induces a strong belief, that the outstanding amount is many thousands less
than the sum on which the committee have calculated interest.
    The committee have also charged the state with an annual interest of £. 375, on a supposed outstanding
capital of £. 7500 of the emissions of June, 1780, but it is very questionable if a capital