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Third. The amount of interest "which has been paid by the state, or was reserved in any payments made to the state," on the $3,813, 000 of unrecognized bonds, to the same time, viz: July, 1841, is $507,487 01.

This sum was retained out of the instalments due and payable to the state, and does not constitute any part of the sum of $1,208,615 22, which was paid as above stated. An explanation of which is very respectfully offered in the following memoranda;

Suppose the state to have received the full amount of the instalments due and payable to July, 1841, aforesaid, without the interest being retained out of the same as above mentioned, her indebtedness would then be for the sums of $1,208,615 22, and $507,487 01,-total,

Less this sum being the true amount of interest, (see item marked 2,) which would or should have been retained from, or paid by the state,

Leaving the actual indebtedness of the state,
Instead of, as it really is,

And exceeding it by,

$1,716,102 23

82,449 63

$1,633,652 60

1,208,615 22

$425,037 38

Being the difference between $507,487 01, the amount of interest retained or reserved, and $82,449 63, the amount of interest computed as above, and really chargeable as aforesaid.

If the state, therefore, has not received this amount of difference in interest, she is not indebted for it; and the fact of its having been retained or reserved out of the instalments which were paid, does not add to her indebtedness; the true amount of which on the unrecognized portion of said bonds, may be recapitulated as follows:

Amount of principal actually received from U. S.

Bank,

Interest on above to July 1st, 1841,

$1,208,615 22

82,449 63

Rec'd principal from assets of Morris Canal as aforesaid, 23,835 50

Total,

$1,314,900 35

And the interest on the said principal since July, 1841, and which is correctly stated on page five of the late Auditor General's report for the last fiscal year, and interest on the said $23,835 50 since its receipt, as also stated in said report.

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1846.

No. 19.

Do divisions and certificates of members,

Statement showing the several amounts paid the State Printer for printing, from November 30, 1844, to November 30, 1845.

Printing and advertising, office secretary state, including

laws of 1844, per act No. 111,

Printing for Secretary Senate, for 1844,

Printing manual,

Do annual reports,

$290 63

2.00

60 00

51 72

273 54

[blocks in formation]

Do Governor's message in French,

Do indices to House and Senate journal, reprint of

contempt journal and laws,

145 20

359 09

$4,755 03

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