This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1920 Excerpt: ...the fact that a 6 months-turn-over in the treasurer's offiee was $3,284,584.53. These transactions, of course, were not all State expenses but ran into transfer of accounts, payment of notes, etc., but all had to be handled under the careful interchecking system, which I have described. Revenue Problems. You will understand from the foregoing that the State of Vermont is in business on a very large scale, and that it takes a lot of money to pay our bills. Last March, the legislature first estimated the necessary State tax at 20 cents on the grand list yer year. After the appropriations had all been checked up, it was found necessary to levy a State tax of 40 cents. Those of you who come from small towns will bear me out in the statement that we have reached the Hmit of taxation,...

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