487,969
Corporation Tax, 73,553
Railroad Tax, 58,455
Inheritance Tax, 57,767
Income from Stocks and Bonds owned, 206,175
Fees, 17,585

_#Baltimore.#_[2]--The gross receipts into the treasury for the year
ending December 31, 1887, were $8,446,439, and were chiefly from the
following sources:

Taxes, $4,210,112
Public schools, tuition fees, etc., 6,766
Market houses, rent of stalls, 58,287
Wharfage and rent of wharves, 33,561
General licenses, 44,609
Auction duties, 7,431
Dividends on stock in B. & O. R.R., 130,000
Water rents, 745,446
Passenger railway companies, 132,167
From the State for public schools, 147,403
Temporary loan, 1,510,000
Receipts to pay interest on loans, 896,704
Sale of stock, 243,285

The total disbursements were $8,403,930. Of this $4,541,357 was spent on
account of expenses of city government, the following being the
principal items of expense:

Interest on the public debt, $915,987
Expenses of law courts, 118,906
Expenses of jail, magistrates, &c., . . 103,587
Public schools (less amount paid by State), 594,089
Expenses of poor, 210,739
Police department, 702,882
Street-cleaning department, 263,934
Fire department, 214,226
Street lighting, 221,203
Parks, &c., 52,080
Salaries, 72,624
City council, 52,925

[Footnote 1: Finance Statistics of the American Commonwealths: E.E.
Seligman. Publications of Am. Statistical Asso., Dec., 1889.]

[Footnote 2: R.T. Ely, _Taxation in Am. States and Cities_.]

Nearly all of our State and local governments, as well as the national
government, have contracted large public debts, the interest payments
upon which constitute one of the chief items in their lists of
expenditures. The present debt of the Federal Government is large