The Mississippi Creole. [volume] (Canton, Miss.) 1841-1851, 1842-02-05


issued by the corporation, and
winch have sbeenl in the treasury for
years, have been redeemed.
There is no probability, however, that
the other shin plasters in the Treasury /
issued by the Mississippi Union Bank.
the Grenada Bank, and the other banks
above enumerated, will be similarly re-
deemed, Judging from the lights before
me-" 1t is probable that this money is
worth more at The present time than il
ever will be again. Whether in the
embarrassed condition of the Treasury /
Department it would not be advisable TO
sell this deprecated trash, and thus assist
IN redeeming the outstanding Auditors
Pay Warrants,merits the attention of the
Legislature
The judgment against the Brandon
Bank for the sum of two hundred and
thirty-two thousand three hundred and
twenty dollars, might perhaps be sold
Tor two and half cents per dollar, equal
to the sum of FIVE thousand eight hun
dred and eight dollars. The notes of
the Grenada Bank, amounting to seven
thousand six hundred and twenty-eight
dollars, might be sold at FIVE cents per
dollar, equal to the sum ofthree hundred
and eighty-one dollars and forty cents.
The notes Of the Natchez Rail Road
Company, amounting to the sum of sixty
three thousand and thirty dollars, might
be sold at twenty cents per dollar, equal
TO the sum oftwelve thousand six hun
dred and six dollars. The notes of the
Mississippi Union Bank, amounting TO
the sum Of one thousand eight hundred
dollars, might be sold at twenty cents
per dollar, equal TO the sum Of three
hundred and sixty dollars. The remain
der of uncurrent funds in the Treasury
equal to forty four dollars sixty cents.
Altogether making the sum of twenty
thousand dollars in par funds.
Whether or not the Treasurer will be
enabled to redeem all Of the Auditors
outstanding Pay Warrants issued since
the first day Of January, 184l, and those
which will be issued for the ordinary ex
penses of the Government during the
year 1912, is no longer matter Of doubt
1t appears from the books OF the Auditor
that two hundred and thirty-two thousand
five hundred and ninety-nine dollars
and sixty-six cents, in Auditors Pay
Warrants, have been issued since tbs
, lst day of January, 1871. 4 part Of II.
} new issue of warrants was paid into tbs
Treasury on account OF the taxes Of 184C
but much the larger portion Of the tax
!, es of 1910 were paid in the old issu,
} of Auditors warrants, which, BY refer
D ence to the ac:s of 1871, will be seer
were receivable therefor.
The Grand Juror tickets and othe
| claims receivable in the payment G
State taxes, will amount to al least sixt,
$ thousand dollars. The expenses Of tn
Government during the year ls42,
l they be equal to that Of Sal, will amour
;: to the sum of two hundred and thirty
d two thousand FIVE hundred ard ninety
o nine dollars and sixty-six cents. Th
e taxes for the year 1S41 amount 10 ~
Is hundredand seventy-seventh thousand fog
"a hundred and ninety-eight dollars al
C twenty-six cents; from which deduct 81
Id ty thousand dollars Grand Juror ticke
Id above named. leaving balance Of ~
&c hundred and seventeen thousand 20
e hundred and nine.y-eight dollars a
twenty-six cents, (making no allowan
K, for insolvencies,) to redeem the outstan
cd ing warrants, and to support the Cover
b ment during the present year. Thus
r. will be seen, that the taxes Of lS4l v
be barely sufficient to pay the Ordina
nd expenses OF the Government during
IN present year.
n The unsafe condition of the Treasu
Department deserves the attention Of
IN Legislature. The Legislature viii p
Mt baby not meet again until The year Is.
Oh before which time large amount Of
IS ney will be paid into the Treasury
deed. If am correctly informed,
OF has been introduced in the House o.. !
nd representatives. to authorize the Treasul
Sc of the State to draw for sixteen ihoasa
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