The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-01-14

sscuriss lhas bss hear rapid nprossnsns sci,s -
10 ths rss ssas o. al stats s'sets uo-srDnss' ,.su
rite. have arsn of Va consequences a. tte pfcssbutr
which exists that the public dstt aust BE- largely la
CREASED and 10 consequences Of the unlimited sxsE, u
the wants Of the IL the government should
issue proposals for one hundred millions Of dollars with
the that would be vsrtsdto carry
ON the war; and that that extent Of the public
wants. the loan would at BE- takes up on ssorshs
terms but long there 10 no limit 10 the sxpsndi
lures OF the government-so long IS Il 10 unsettled
whether the win last year or tvsniy-h VIII b..
dinacut make moderate loan, upon terms any
thing those realised upon the last tia hoss'er
rumored In Wall street. that the Secretary OF the Trss
sury has not been idle relative TO this subject but
has with his usual foresight. made such arrangements
will place the Treasury In funds whenever necessary
We have knowledge Of the manner In which the ns~
loan will be raised but presume the old system viii be
adhered to, II possible.
The messages of the 0overnors Of the different states
to the Legislatures give favorable accounts Of shs hnsp
csl condition OF each We have from time 10 time
given synopsis Of the huances OF each compared With
that Of previous years According to the st-st clsal
returns from the general and state governmental
pears that the aggregate indebtedness OF ali the
msnts Of the confederacy amounts 20 s2soS7a27e, OF
which nearly Cnshslf is due from the general govern
msnt, the States of New York aud Pennsylvanis.
The year lsi7 has been remarkable for the resnmp.
ton OF two states-Aarysnd AMI Indisnsths frat In
full, and the second partially Maryland, from this
time FORTH will pay the interest her debt promptly
and In tians WILL without doubt, promptly pay the ia
tsrest that portion OF the debt which the state has
assumed The 10 In rapid state OF progress and
will be finished full anticipated. Every
tension increases it's productvsness and the
from It WILL without doubt, exceed the estimate, long
before 1t Is completed.
Illinois Is promptly meeting every promise made and
the partial resumption made in the payment Of interest
has been adhered to- and funds In the hands of
the President of the American Exchange Bank to psy
oneha per cent each bond, the LIST of February
The dividend will be paid on So 900, and the pay
ment of per cent will require s9aoo Fifty thou
sand dollars have already been received, and further
sum is expected The payment of ouehali per cent Is
therefore, secured and there Is very little doubt but
that full one per cent will be paid.
The finances Of Massachusetts, appear by the report
of the Treasurer of that State to be in highly salts
factory condition The annexed abstract exhibits the
revenue and expenditures, indebtedness and assets -
| FINANCES OF MAssAcHusErTs-JAS. 7, 1915.
The income for lsa7 mot including So, 65s 81
The expenditure for the same time we're 1855 90
Excess. sai s7o 30
The revenue for ls4s, is esima ed at a9s, Iai ~
| The payments, including S4s, 900 for the
State Reform school at Marlborough, at. $4,000 %
|
| Excess. ..........,....,... $lsl34 II
| The property Of the Commonwealth incud-
ing Bonds and Mortgages Of sundry Rail-
| road Corporations for SCRIP loaned them,
amounts to. .,........,...... 7i7os,asS 81
Total debt, including $oO49.a56 So for rail-
road scrip. ............. 6,2Ol, 5s7 Is
| Excess. Observation-Disclosures. 81 500 sos 80
Deduct Massachusetts School Fund, Sc,
specifically appropriated. ............ s'5s2a Is
Balance Of assets account of ordinary