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XI

-dred and four thousand, one hundred and eleven, dollars, and thirty four cents. Of this sum, one hundred and forty eight thousand and twelve dollars and fifty three cents, have gone to reduce the principle and interest of the Public Debt. But notwithstanding the magnitude of this item, the resources of the Department yet exceed its liabilities. In January last the funded debt due from the State, amounted to one hundred and thirty four thousand four hundred and sixty - six dollars and seventy five cents. In the early part of the year additional sums were borrowed, amounting to fifty-nine thousand dollars. By the payment of one hundred and thirty eight thousand four hundred and sixty six dollars and seventy five cents, the principle of these claims has been reduced to fifty-five thousand dollars, as before named.