The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-07-18
Total. 1o8 Csc, 2s7 S77,7l3 so 74,Oa5 OIL se2.e7l

lotd lOoj OoOZoI SII,Ilo ~ 14OooOZl S0ZvIl Al
will be that the proceeds of 1913 far exceeded
those Of 1S47 with the exception of the period which
elapsed during the building of the acqueduct at Free
port By this impedment, a large amount Of bust
ness thrown into another channel hence the
difference in the proceeds during this period from
like period in 1S47
The receipts Of the Central Railroad Company of
Georgia. for the month of june 1s4s were 500 IA Oh
against S1G4S2 40 for the month in 1847, being
an increase this year Of S9662 IS. The freighting
business Of this road thi, year has been very large,
compared with last In June this year 1928 bales of
cotton transported against 1853 bales for the
responding month last
The report of the Finance Committee of the Ma
tonal Assembly of France, the financial state Of
the republic, gives rather gloomy account of the
resources Of the country and the means of meeting
the current expenditures The financial history of
France is filed with events similar to those which
has recently trsnspired. Six times the government
have been bankrupt, and reputation has been more
generally resorted to for the purpose of reducing the
public indebtedness, than in any other country Even
the face OF these revulsions in her finances, her
credit has often been renstacd and her public debt
from time to time largely increased. At the
ment Of the political revolution in February last the
debt OF France amounted to about 600 OOO and
the government has announced its determination to
the whole and provide for the payment Of in
terest on it. Its ability to do will be tested,
and the natsn may be saved from the disgrace
ther reputation of its debt Reputation does not
to have such effect upon the credit
cal governments upon those Of republican stamp
The reputation of portion of the debts of
States njurously affected the credit every other
State and of the general government. To such
tent has this been carried that State stocks bear
ing interest at the rate Of six per cent will only
mand in European markets. little better prices than
European stocks bearing rate Of interest about half
ofours We cannot attribute this entirely effect
of reputation, but partially to the limited know
ledge foreign capitalists have of position
sources, and the security of investments. The
recent demand for our stocks abroad, gives some
hope that the capitalists of the old world have become
enlightened and have turned their attention to
this country with view of making perma nent invest
ments in securities This has been brought about
sooner perhaps than it would otherwise have BEEN by
the overthrow of so many monarcAca governments on
the continent of Europe, and the immense deprecia-
ton of their securities. The Rothschds have recent
ly purchased largely of American securities, and the
example of that house will doubt be followed by
others of less note.
To return the finances of France. 1t appears that
the receipts into the treasury of that country for the
year 1S4S estimated by the Minister of Finance at
period at 1850 ,222 6O6f, which would leave
balance in the treasury of 4,14a,2e4f The hnan-
cal committee Of the Assembly differ from the Minister
in many of the items of revenue down several
to the amount of 119 ,OOOf Some of the extraor
of revenue estimated by the Minister of FL
nance, presented in the an exed table -
RESOURCES FRENCH