Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1838-01-11

nen ,iEs q co 1anrur. .nd ~ rul,l a,inr -
ki.,a 81 rails 70 - ssss 80 Ne Sods e f.s-
tehinr
Tks revsOas zoe he yssr ~AIsh Ass ln.,
elosed has been pSi1 inl0 ghs Treasury sab
ne uailsl panctnalssy.
The balance IN t6s TFeasury on he u; %
October. 1895. exclusive a ne wssLinxton
Avnuasnt fund. IVES Si9.e95 CO. The re-
ce'pss iato tie Treasury IRON Thar day % ne
5tth SsP1sinbrr. ts37. ea arcouo, e tsxss o.
isft>. &c. Wers s429. SCI 02. The amosni
tseetssd On aceouo, 81 the stsis,s propssiioa
% the SUPPLE, tevenus ifom TIE United sistes
~ss Al, i9o, t27 9s--mskiug The sanre re-
eeipis iaIo the Treasury. datteg the last fscai
year. with The bslaaee ga hand ths lsi Of ou-
;shHf, ls3s, - CT .96s 80.
The eissursemenis from the LIT Of October.
1876. 70 The Scih q September. ls37. foe the
"rdinary expcusos u the Government. iBeind-
ing thE pirehase money Tor the lots 10 obtain
soPI5, OF Nater for Ne Peniisntiary, s.s0. :
St9 SO. ihe ex2cnses of the extra session Of
tie Legislature. and S2I 4o9, the amount ef
ludgmchis for eoRmutatiOh Of half pay. n
n'oun,sdia sS9t2s5 -; for subscriptions for
stock 10 Serlaia banks, loans 10 bauks &c out Of
the snriln. tetshue receised from thu lnated
states, 10 - .95s. ot3 &C; leaving IN the Urea
snry Sisj,6fi ~. This sHm viii be further
reduced by warrants issued on The % Of De-
ioeer, 1897, on account OF the SiatoSsubscrip-
tion 10 the new stock Of the North Western
Bank OF Virginia, te2 800 ID. and By the pro-
o1els sum which viii be required By the IjoaFd
loiP1alie Woiki. 10 NEE, tie plyo'enl " inte-
ret on state Loans, due ia January and J,slf.
1893, retained under the seventh section o(
the act passed 9th Of June, 1897, sIOO. Os2-
u. After these deduciiOGs ate made, thero
would only rvmAi0 Of mooies, which were In
The Treasury 90 the 3Oth of September last.
the Aum OF ~. Coz "a. for further details. 4
refer 10 the report and estimates Of the Audi
toe Of Public Accounts.
The importauca of providing adeqYate means
Tor The psyneat Of Ihs interest on ihe STATE
Debt, dSmands your serious attention. The
rrsenuo Of the fund Tor internal imp-o, eneut.
falls short % pa, iag the interest already char.
ed upon II. AID WHOM The full amount Of tie
loans authorised 10 carry ia,o elect existing
engagements, shall have been obtained. the
annual interest charged upon The fund viii
exceed iis disPnsablr revenues by asar.y 909.-
o00 Tomesttbt, deficiency, end 20 niainlain
nuimrsirsd Ihe eredh ard fsigh Of the State.
some legislative PrUVisioa 10 iSdispepsably ne
csssary.
For some years previous 10 the late de-
rsngemeRt OF the eurrency, loans were on
tatued without diliruliy, ard on sdvan.a.
tageous terms. a. aH interest Of eve per cert.
But The toss which forrigH holders OF our
stosk hsve sustainsd. In the Fesn is,ion oftLe
isst half years. iHtere-t. IN consequence OF
the high rate Of exrhangs snd preInium on
sold ahd silver, Viii. Ia the ebsenSe Of
proper legal provision 10 meet the emergen.
ey, prevent the stock OF Iris state from be-
ing a. highly appreciated sbroad, ssit other
wise would be. Ne loaas have been obtain
ed this year, 81 rate Of inteTsst less thsn
tx pr eeat.. Whilst uIe Eve per cent. loans
Of other States have been effected al hand.
some preniam.
There viii be occasion TO borrow IN the
eoerse of The present year. 20 meet existing
engagements, about 81 900 900, and proba-
by much larger amount hereafter The
value Of the stock Il 6Xsd abroad, and will
depend gtsstly on The footing upon which u
- placed, IN relation 10 the pay ssent Of inte-
rest. The credit OF the stock IN Europe, al
though until very Istsl5 bot a email amo0nt
Of q WasOvned there. was held in hish est.
nation. The amount now IN England ssd
France, y about s3,0l7, 100.
To make The iagsrest Of the loans which
may hereafter be obtained, payable ~ specie
or &c equivalent, whist II Will add much 10
The eharscter Of the stock. Will subject the
State 10 very huie. " sny ideolvenie nee; az
any arrangement Of Ihe pecuhiary or com
psrtial otfsirN Of the eountry /, % sbos,
eopti0ianee. Evea II this time. exehang.
on london is alta rate which ~ilI place the
foreign hoider OF stock on az good footii z
as Temiitshce IN specie
: The Communication OF the Adjatant Gene
raj, accompanying his annual return 81 the
militia, boilr Of which are lad before yoa
Shs"s that the return Is very incomplete,
aod that no accurate return rsH be had.
The laws for the preservation OF the rub
lac Srms. are entirely defective; add naless
amended, the commonWsslth viii aooa ais-
tsiu an itnmcasc ioss. In the waste and de.
siruetien Of the public arms nov In the hands
Of the militia.
When volunteer eopplny Is organized,
and pfocures The pretcr,bed uniform, il il
authorized 20 call on the 3, eutive FOR
arms, aud thsy ere generally FURNISHED
and now, about MING thousand stand are ~
The hands 81 Foiuateer eompanies A con.
pany. THIS organised and equipped, continue,
In eAi,isaes probably, % long a. the uniform
and the sorsliy 81 The association last. and
then dissolvss. 40 officer Of the eompsoV
ieeis hinseif responsible Tor the arms, and
generally no account y taken Of them hy
sng one They ara thrown about, used fot
Wing pieces, or stacked away in soms
WV oHiieink- Nucfos IN lew moutha, tbeV
are ruined with rust For such gross ne
gleei. there seems TO be na penalty; snd n
there was, ~ not made the duiY Of any
suitable eaieer 10 enforce il. The propsr
oleetF % perform this duty, wOaid be Ihs
BriEadiel Inspector.
street regulations should BE- prescribed
Tor she 2fesersslion Of the public arms, and
al public property pisssd rs The bsads ofthe
n'iliiia, and should Be rigi5iy enforced. No
lesson could Be tspght them, Of more impor.
'anee, than 20 impress upon thea, the bizh
Ob'isstisiss they sre undeg. iotsks prepaf
care q tho public property when eommiIles
10 their chsrgo-snd Hone the vaius Of
which they w0uid 30 highly sppFeeiats uhes
called inio aetusl service.
10 net ny intehtien "a propose ang fadi-
cal changes Ia tie erganiEstioa Of ne ralii-
tie, siihough II y obs ioas that the slstena Il
very defective. I would oniy sdsisa tAas
ths bfiEadisr lasPerior BE- sgaia aalhorizsd
70 drill the offers as fofmsrly--to attsnd
ihs feginsnial clusters aspect me public
arms in Ire hsads Of TIE militia. end msks
returns ant fepofi8 ua5er the dirsetioa Of
the Adjutshi General
u lsyins before yoB he report o. ths So
pefinisadspt u he Armefy sbd the gsblse
sditres 4 saords ne plssfure n stale. ihat.
"a rersonai inspertion 90 TIE Arnorg
found ne qnsrisfs % che Pebble Gasfd IN