New-York daily tribune., 1845-02-27

TO Legislature the upon which the advances are
be made but they hope and expect some legislation oF
the relief OF the public creditors. The subscribers suggest
ha, would be perfectly satisfactory them if tax
should be levied under the authority Of the Legislature now
in session. and measures secured to pay hayeasy di
vdend the Is, Of july 1916 half of one per cent
on the whole existing debt. which, taking the whole exist
ing debt eleven millions CT dollars, woud re-
qui.c annually hundred and ten thousand dollars
That the interest remain at one per until the first dy
July ls4s when dividend Of cne per semi annu y,
paid making annually por Tha; the Interest
should remain q; Two per cent unt the first day OF Jcy.
A. D. 1850, whea dividend should be made of and
half per cent. making annually three per cent That the
interest should three per I'll the first Of Jny
1852, when dividend should be made Of TWO per cent,
making annually fou. per cent That the interest shoud
remain a, four per til the first dag Of July 1854,
when dividend should BE made and half percent,
making annually per cent. That the ineres; hould
remain five per til the Arst day OF July 1856, when
half yearly dividend of three per cent sall be made MAJ
ing annually six per That the Of Interest u
the lst Of January. 1885, well the difference be-
tween the teTes due, and the interest paid up The Isl
Of July, 1856, should be funded in State stock to begin
drawing utcres; on the Isl day July 1885, the Of
six per cent per annum.
All the canal bonds to which the privilege of priority
mus; DC registered within one year from the appointment
Of the trustees. That distinct bonds be given for the
rea-ages and difference Of interest tho fist ofJuy $50
They suggest the votes Trustees oust %
lated BY the amour: subscription Of each party;
vote for each bend and they insist tina; majority o the
Trustees shall bind whole The Governor ~ that he
does understand that all the suggestions the sbscr
be adopted in every particular, deviat!ons
will admitted. but The sp: Of III: terms must be
ained In reference to these the able Springfield
Correspondent Of tie ST. Louis Republican says they
cannot and will complied with BY this legislature
AID unless greatly altered, the Canal Loan may be coasid
cred end. lie says that nearly every member Of The
Legislature wosc opinion the subject las been given
considers proposition pay the fall interest Isj6 as
perfec,y prepostcrous He also finds much to condemn in
the idea OF paying interest after lsj6 the overdue
cst-a perfectly just proposition view. The bi By
this arrangement; viii be in 1885, SIS 2i5 l:9 the funded
interest amounting to S690,520. This sum does not in
c!ude the new loan Of Si,60oCOO The ANNA! interest OF
the deb; would be SIC9i,7l, which amount the Cores
pondent thinks in hi. would dream that Hi
nois could pay We there is, least, common ho-
esty enough the people of Illinois make the attempt
The terms liberal could have been expected in
decd not expected that capitalists should lend
bankrupt State money, without any interest.
Sales of stocks a, Boston Feb p: 100 shs East
Boston Dividends ;; 80 East Boston bo0is l2i lG West
Railroad 50; 100 do scrip l0ls 30 Long Island RR 20
% Nor Wor R 723, 50 do bolOdS 72t % do ~ 10 do
bol0ds T2 90 do 12l; % Wilmington I;R 2l3 IS DO 22
South Cove Dividends 55 - Reading ri. 2ll Eastern
RR los.
The Canal Commissioners OF Pennsylvania have
determined open the State Canals for navigation on the
tenth Of March next.