Jeffersonian Republican. [volume] (Stroudsburg, Pa.) 1840-1853, 1850-01-10
Amount demandable at the treasu
ry during the year,
3,l9l,l7O 19

Provision should be mace at early day arrangements
with the creditors holding these TO permit them
their present condition. would only
ndisposon to pay our just debts bat would also operate
lnurousy TO the holders of the stock by compelling sales
at price below their par value The annual demands up
on the Treasury with the present of the state will
not permit the payment these loans and the only pract
cable mode which suggests itself be the negoa
oh OF new loans stpuating extension of the time OF
payment. Ii is believed that could negotiated
at rate of interest not exceeding i've per Should
to pe gwen IN he arrangements suggested TO stipnlae
that the said stock shoad be exempt TAXATION the
ucements TO investments therein would create such compe
ttIon as would be highly advantageous the Treasury
Justice and honesty require that these debts should be prompt
PAID or arranged 10 the satisfaction of the parties inter
esed and any provision which the Legislat may deem
proper on the subject VIII meet the cordial appreciation of
the Executive.
The establishment Of sinking fund by the appreciation
OF State stocks and the consequent Increase ocodence in
the aby OF the State 10 meet her engagements with the
replacement by newissuc of the old aud deaced relief
notes has had the sadtay effect OF enabling the Treasury
department with slight expense in the exchange trans
mission o MEANS to meet the nent of interest on the
public debt IN par money also topay other creditors Of
te State in good funds The payment of the public lab
ties IN the manner aforesaid and the adoption of system
to extinguish eventually the public debt bring their
par vane the stocks of the Commonwealth. 1t is esma
that Sl30i9O0O of the public stock held in this
try, and the addition in their by simple opera
tons demanded alike by sound policy and honesty viii in
their marketable worth in the hands of the citizens
S950000 To the efficiency of the Treasurer the
ditor General and other officers charged with collection
and OF the public moneys during the past year
is justly attributable high degree these favorable
The beneficial resultsot the sinking fund can :
not be doubted. The payments from various
sources to the Commissioners, during the past
year, have been rs follows
From collateral inheritance tax, SleO,2l2 Al
E" premiums ON charters, 35,969 40
Eating and oyster houses and
restaurants, 1857 20
I" Billiard and bowling saloons
and ten-pin alleys, 1886 so
Theatre, circus and menagerie
licenses, 2,2lO 90
Distllery and brewery licenses, 3s4 90
Amount received for the year eEd-
ing December 1, 1S49, 227,620 Oh
The estimated payments for the same purpose
for the year ending Dec. 1,lS50, are as follows
From collateral inheritance tax. 5000 900 90
Interest or stocks purchased, $4,000 90
Premiums on charters, 10000 90
Theatre, circus and menage-
re licenses, 1900 90
Distillery and brewery licenses 800 90
Billiard and bowling saloons
and ten-pin alleys. 5000 90
Eating and oyster houses and
restaurants, $4,000 90
balance in Treasury after de-
Quoting appropriations here
inbefore recommended, 9l 500 90