Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1841-01-07

| out and obscured many of its monstrous points :,
picture yet looks bad enough in all conscience:
"lndana has, according to General Stapp, oae Of Il
Fund Commissioners, public debt OF Sl2,c13,l09 I
yearly interest on all but So l6I 6s7 of which mot 81
iect is 500, 600. And their only actual means ind
nendent of taxation, for meeting this heavy sam 4
Si31 O15 This leaves the formidable deficit of Sii3 o
n make IN which, Governor Wallace says, would ,
onre levy of between forty.hye ard fifty cents
every hundred dollars worth of property throughout
State To avoid the necessity OF laying and attem.
ing to collect so burthensome tax as ,hs, Govc,a
Wallace recommends the drawing IN and converting
bank stock Of the surplus revenue, diversion Of {
interest on the Sinking Fund, and levy 81 two ;
cent on bank stock These measures would mere
the means of the State $l7o,32o, and leave dehct
S265 600 or about twenty seven cents on the hnad,
dollars, to be raised from the people by taxation
| There is a statement of the predicament oi what
called Wing State, and Kentucky, ner TWIN SISTER AZ
companion in the walks of Whiggery, IS as deep
ignorance as she is in debt The Editor OF the Cine
natl Gazette commissioning the unhappy lot Of 4
peoplc of that State, very justly says
"'This condition, il must be conceded every whe:
is 4 lamentable and how the people oil india
are to work out OF IT. anu preserve tue creai III.
Statc. is. we think, a question whose solution
puzzle the best financiers and statesmen among tleC
1t is clear enough that 'this condition IS !anes
Bile one" and is also as clear that ewing legsal.
reduced them to ",his lamentabe condition.; aae
they would "work out of it. they must elect D.,
Gratis TO legslate for them, and our word Tor IT. they
soon get out, and if they continue in the WY y
should go, and always elect Democrats, they WI! He
get into such scrape again lfthey wish pattern to
py from, let them take the State of New Hampshire
ores moi cent Her people Intelligent content
and happy, her Congressional Delegation IS conros
entirely of Democrats, and she has only enc :" Wa.
county in her dominions. She is thoroughly Democ!
tic, and is model which all nations, Kingdoms, sta,
and princpalities should endeavor 10 initiate. She Z
cupies station which they should not endeavor 10
her from, but climb up to-
We pity the Hoosers, but they have g sown !
storm, they must reap the wbirlw;nd" Or, ne the q
provefb says, "lhey who dance must pay the fiddle
IN. Y. .Sep Era.
Here is beautiful picture of,he condition and prc
poets Of Florida. 1t is from the st. Augustine II
RAID:
FLORIDA BONDS.
S3,900,000 ArLoAr.
S2,7g6,00O sold.
81 10I 900 unsold.
Annual interest, 600.
OF the above the Bank of Pensacola received 500
coo at 6 per cent. which is ell sold. The Union Ban
5000 00a bearing per cent. interest OF wacn 500
coo is unsold ana remains IN the hands OF faI:ei
M'Killop, Den. & Co, Of London. The Lie 60
Trust Company received S4uo,OCU bearing > pr cen
interest, part OF which remains III Sew losa, AZ
the balance has been sent TO LONDON, but meme Il:
been negotiated.
The Bonds Of the Life and Trust and Pensacola lIaR
are obligations of the Banks Of one thousand dollar
each payable in the years 1860 and lcOo, guarantee
by the endorsement Of the Governor of The Terrier
Those of The Union Bank obligations OF the Ten
tory Of thousand dollars each ior which the Teri
tory never received a CENT? endorsed Ly he ban&
The Life and Trust proposes 10 pay ner share 'fra
10 year by sinking fund based upon the E'rtf
Of her mortgages. For instance, VIXEN Lot Lia1a g
up his ANIMAL interest AT per cent. OIL ta = :. ~
which he borrowed the lot which cost ban. J, !.
and Charles Downing pays up his annual interest i.
III 900 borrowed OF 5000 acres Of scrub foNas'n.
worth they saw somew here about the cost ~ r,rrc
n deed, the Bank wi! have Si,c0o which. II u {
money, and not expended in buying an"iE'r M.l-
Tucket lot would almost redeem two Bonds =.
The Pensacola Bank TO pay her sha'c wl'h e
profits of railroad to Montgomery in Alabama ba III
whole S5OO,000 has been squandcred without naen.
foot Of the road aforesaid. Samuel Jiud"n, Vet
ris Robinson, Elihu Chaunccy, Thomas B'dde,
S. Wilder, and similar FOLKS stand godiathcrs - u;
hopeful concern; but it remans to he "ht;st'
they viii regard their pockets their souls, of @2
Their their souls be deficient OF honor and their po.
els of crsh.
The Union Bank proposed 10 pay her share by ~
plus fund produced By the profits Of tie Bana, who
were not 10 be withdrawn, but 10 90 compromising
rate that casts into the shade the old calcua:iol
buying horse .arihinn for the first nail and doas
ling on each subsequent. BY mismaragctnent howrve
the charm is broken. Last winters examination show
pretty clearly that the Bank had then sunk not only i
profit, up that time, but probably hafa million Of Do
lars besides.