REPORT.
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MR. SPEAKER The standing committee on ways and means, to whom was referred the communication of the Executive, calling the attention of this department to supposed deficiency in the receipts to meet the llablll- ties of our Treasury for the two ensuing wears, have had the same under consideration and beg leave to report: That your com mittee have not been unmindiul, Tn theIrtor- mer deliberations, of that part of the Auditors report to which his Excelleney calls our at tontion. And it will be borne in mind, that the Auditor also reports iii the concluding paragraph of his estimated expenditures, that the deficiency could be met and discharged and balance of about tb2,600 would remain in the State Treasury on the first day of Oc- tober. I846. if the amounts which have been paid out of the State Treasury for all matters incident to the sale and selection ol lands ot the grant of 500,000, should be by law re- paid into the State Treasury out of the inter nal improvement funds; which is provided for by an act which has already passed this House, and. except some slight amendments made by this House, has been sanctioned by the Senate Consequently your committee have no doubt but il will become a law, Il It is not already, and of course remedy the evil to which our attention Is called. If we had no other resources but from the rapid increase of population and wealth in our State, your committee are of opinion the receipts into the Treasury for the next two years will exceed that estimated by the Auditor; besides it has been the policy of this Legislature to curtail our expenses, so as to bring them within our means 10 pay; and in this your committee are of opinion we have to some extent suc- ceeded, by abolishing several offices, especi- ally by the liquidation act, which abollshes the offices of Executive Receiver, Bank Fi- sitor, clerk hire, SSc., which will be an an nual saving of itself to the State of near five thousand dollars. All of which considered, leads your committee to believe our means will be amply sufficient to meet the liabilities of the Treasury for the next two years and although we should deeply regret to witness such contingency in our fiscal affairs as that alluded 10 by his EXcellency, we should equally regret to recommend an increase of taxation, which is already high and very op- pressive 10 our people. Though ouf revenue is small. it Is to be attributed to the sparse ness of our population, and the fact that ma ny of them are yet in indigent circumstances, whom necessity has compelled to seek an asylum in our fertile wilds, to protect them against their Wants-and not as the superb cial observer would conclude, from a low rate of taxation.

 Your committee, therefore, deem it inex- pedient to Iegislate further upon the subject at present. All of of which Is most respect fully submitted.

 JAMES B. LOGAN =Chqfrman.