The Sun.
London, England, 1865-12-07 00:00:00

Debt bearing coin

interest - 1,161,137,691 00 1,116,658,191 00
Interest thereon 67,670,340 00 65,001,570 00
Debt bearing law-
fulmoney interest 1,191,819,787 00 1,260,009,120 00
Interest thereon 71,267,738 00 72,527,615 00
Debt bearing no in-
terest 386,523,359 00 366,891,096 00
Total debt 2,740,859,758 86 2,744,947,726 17
The following table exhibits the rapid growth of the
Public Debt for the year ending with July last, when its
increase was arrested, and its actual diminution since
that period :-
1864.

Principal. Interest.
Dols.
Dols.
72,737,416 00
June 21 1,729,586,253 00
73,425,240 00
July 5 1,792,867.040 00
73,752,554 00
July 12
74 353 047 09
July 18
76,650,529 00
July 26
76 418 305 01
1,837,492,170 31 August 2
74,371,669 07
1,832,049,835 60
August 9
August 17 1,849,914,555 49 76,038,165 66
August 23 1,859,284,874 00 76,500,069 00
August 30 1,878,565,233 90 77,447,122 53
September 30
October 31
March 31, 1865
2,366,955,077 34 102,836,531 18
May 31
2,535,205,753 50 124,688,874 02
July 31
2,757,253,275 86 130,262,461 28
August 31 2,757,689,571 43 138,031,628 24
September 30
October 30 2,740,854,758 86 138,938,078 59
Here it will be seen that—although we have been dis-
bursing millions on millions in payment of arrears due to
soldiers and sailors from day to day mustered out of ser-
vice—we have actually reduced the aggregate principal of
our national debt more than sixteen millions of dollars
within the last two months. No doubt the sale of gun-
boats, steam and sail transports, and other public property
purchased for use in the war and no longer required, has
materially contributed to this result ; but we have mean-
time paid out two dollars in discharge of anterior obliga-
tions to soldiers, sailors, contractors, &c., for evory dollar
received, from closing-out sales. It is certain, therefore,
that we have passed the turning-point, and may hence-
forth steadily reduce our vast debt if we keep out of foreign
complications and wars.— New York Tribune.

LORD ELCITO AND THE LANDOWNERS.—At the
annual dinner of the East Lothian Agricultural So-
ciety, on Monday, Lord Elcho said these were days when
proprietors required to look about them, as they did not
know what might happen. He had often thought of this
sort of thing :—Suppose such a thing were to happen that
proprietors would have no security for their land at all by
legislative enactment. (Laughter and applause.) What,
then, would they have to do ? Proprietors would then re-
quire to become farmers on a much more extended scale
than any of them were now. It was said, "You could not
manage or overlook such a large property." Now, ho knew
a farmer in Northumberland who rented 11 farms, and
managed them himself. What had struck him as the only
way in which proprietors could manage large estates would
be by giving those who cultivate them a direct interest in
their work by a system of copartnery with the bailiffs and
workpeoplo in the soil. That was done to a largo extent
in fabtories and mines, and he thought the principle was
worthy orthe consideration of the members of the Asso-
ciation. With regard, to game, ho was inclined to think
that the wise and beneficial policy as regarded the proprie-
tary would be to let the farmer have the run of the hares
and rabbits on condition of keeping off trespassers and
protecting the feathered game.