The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-01-12
Total debt Of the State,

Since the close Of the last session of the legislature in
formation has been received by the State Treasurer that
enables him to furnish nearly complete list of the holders
OF the bonds OF the state outstanding and 10 dscr
nate those Uho houe paid consideration The substance
OF that information is contained in communication from
that officer to of the date of the 9th of December last
and which is herewith transmitted. By that communca
ton VIII be seen that of the bonds of the five million
loan S3s55OO yet the property of the Bank Of the
United States hypothetical however on terms not fully
anspred to various houses in Europe of which list
given, together with the and description of the
bonds that held by EACH The circumstances of the
hypothecaon warrant the belief that the equity existing
between the state and the bank has been in way affect
ed by that transaction
There can be no complaint on this score. The United
States Bank failed its contract with the State and the
bonds have not passed from its into the hands
innocent third parties which has been advanced as
reason why State should acknowledge obligation even
though had been cheated by its agent this case of
Michigan the late National Bank derauded through the
Morris Canal Company, which acted ackall for the
monster" and the State fix the bonds in the hands of
the Bank hence parties suffer except that through
whose misdeeds the difficulty arose.
The message of Gov Fairfield of Maine, is short. In
relation to the State debt contains the following sound
VIEWS
The funded debt OF the State Is now about 5, 100
That portion OF which contracted to deray the
pense odeiendng frontier from INVASION and protect
ing the public property in $780, is expected will be
restored to us by the General Government. The remain
der for the payment of bountes the produc
ton of wheat and and to provide for the ordinary
expenses of the series Of years without
the assessment of any tax will have to be provided for in
some other way That it should be provided for though
obvious enough cannot avoid earnestly pressing upon
your attention We how public debt is REFRESHING the
mighty energies and checking the progress some
sister states in the West Improving by such lesson
us endeavor to be rid of practicable.
In relation to the late treaty he remarks follows
The result and final adjustment of this question even if
should be regarded by the people this as prefer
able to further procrastinaon and another foreign
traon under present auspices persuaded diff.
ierent from what they had anticipated For myself can
truly say that have been deeply disappointed
stronger term.
The course Of the British Government from
ing been as was anticipated concatory and LIBERAL
marked by an unyeldng and grasPing spirit Its liberal
ity II any was evinced was in unmeaning diplomatic
COMPLIMENTS while its exacens were in and SUBJ
stan tial privileges.
From the message of Gov. Leteher it Of Kentucky ap.
pears that the balance in the Treasury SCI @ The debt
of the State is So 1885, all bearing interest of per
cent with the exception of OOO which at per
Thefoowng table gives the circulation and specie of
those States of the Union from which returns have been
received nearest to Jan. presents the total actual cir
culaon and specie held by the banks last year. and the
circulation of the banks now in existence and the specie
they hold -