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FINANCIAL STATEMENTS. 1

The most momentous period in our State history was the war of the rebellion, embracing the home work, and although it. undoubtedly may be looked upon as insignificant, when compared with the extent and value of the labor accomplished by her troops in the field, and the great sacrifice of life made by them, yet it was one of great magnitude. The old proverb that constant dropping wears the stone" did not seem to be applicable, for could the continuous drain on the people of Michigan for men and means have worn out their patience and discouraged their patriotism, such a result would have been surely accomplished. For, aside from the incessant labor of the people in raising men to fill their quotas, to save their communities from the odious drafts which continually threatened them, involving much perplexing anxiety, there were many petty annoyances, great sacrifice of time, together with large expenditures of money by State, counties, and townships, and also by individuals, which, all combined, rendered the
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