New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1843-12-28
Inaiana-Juag es-Re OBSERVATION-DISCLOSURES
Correspondence Of The Tribune.
Ind De- On. 1873

Correspondence Of The Tribune.
ISpAHAPoLIs, Ind Dee. 20, 1919
The Legislature were engaged in Joint Con-
ventIon yesterday in electing President Judges.
John S. Elliot (W.) was elected in the 9th Cir
cult; John Law, Loco Receiver of the Pubic
Monies at Vincennes under Van Buren, in the
eth Circuit; and E. NJ. Chamberlain, defeated
Loco Foco candidate for Congress last summer
in the 9th Circuit, BY vote of Is to - for John
B. Niles lNN)
A bill is pending before the Legislature, and
Will be passed, providing for the establishment OF
Deaf and Dumb State Asylum. A tax was
levied last winter in anticipation OF this of two
mills on the hundred dollars, which will make
fund of $4,000 to start upon.
| notice you state in your Money Articles
twice that our State Tax is 10 cents on the
Hundred Dollars. 1t is but 20 cents and
there is generally some Is or 20 per cent. de-
linqucncies on the Tax List even then. This
Tax Will not be raised this Session, [ can assure
you; though ! see that YOU hope from Z" the
present Party in power" some favorable demon
STATIONS. There is not even any talk, any con-
versation among them, about making the least
provision for paying any portion of our interest,
The motions to raise the tax higher than 20 cents
will be made by Wings, and not supported by any
Loco-Focos. They are too anxious not to endan-
ger their popularity. They will neither raise the
State Tax nor go IN favor Of Distribution. Gov.
WmTcoMEs Message, which you have seen,
doubtless is their spelling book. If you can see
any chance or the shadow of chance for In
diana's creditors in it, your vision is much keener
than mine.
Our Domestic Debt is much larger also than
YOU have figured it out. Bcaides the large
quantity of State Scrip in circulation the State
Bank holds upward of 100000 Bank Scrip
which was issued to that Institution to recon-
pense her for advances made to the State two or
three years since for the Contractors benefit.
Mr. Dunn, the present Treasurer of the State,
has estimated that, if the present Tax is con-
tinued unchanged, the Domestic Debt can be
wiped out by 1919. Rather a poor prospect for
Indiana's creditors, methinks! There is one
consolation, however, and that is, that the tolls
on the Wabash and Eric Canal are increasing IN
a very large ratio, and will amount this year to
$4,000 or 100000. These tolls are paid in the
Scrip issued by tnc Commissioners for the COM
pletion Of that work, based on the lands apprc
prated by Congress for that purpose.
M. c. BRIGHT, Esq, the State Agent, has cnls
lectcd this year $4,000 from the suspended
Debt, which goes, according to law, to the pay
ment Of claims for damages heretofore allowed
to Contractors on the Public Works. He ex-
poets, during the next year, to collect enough to
paw off all the remainder of those claims, and
also small surplus into the State Treasury.
The Senate, this afternoon, by vote % to
u, knocked in the head bill providing that
contracts made after next March shall be collect
ed without the benefit of the Relief Laws. The
General feeling seems to be in favor Of modl-
fed, permanent Valuation Law, similar to the
one that has existed in Ohio for about twenty
years. ours truly, ,. y.