Monongalia mirror. [volume] (Morgantown, Va. [W. Va.]) 1849-1855, 1853-12-17

LltIcu w HsI p'"t"'N"''"A va ~ Se.'''' :.
/. the expiration oflheir charters Nodeb
thus productive can be considered a bur
lthen to the commonwealth, Another
portion of the productive stocks yielc
an interest off per cent, enough to pay
the interest upon the debt, aud to lay a
side per cent for the purposes Of the
sinking fund.
The aggregate outstanding public
debt on the Both ofSeptomber last, The
Termination ofthe fiscaI year was SIS,
.I04l,775 so. The commonwealth now
holds large amount Of stock yielding
interest. The par value of her produc'
live investments is SS,l25.l7l 63.--
Some Of the stocks produce 6per cent
Some more. and others less than s pc,
cent. The interest thus produced may
ibe safely said to represent an amount
of capita! equivalent TO that which
would yield that amount at per cent
This is fair mode of arriving at the
value of these stocks. Estimating them
L.. ,L., ,.op,ln a rl thair ,,ul IN ,yt,ul1 he
- 1oi ' zoo b.;s,, 'o", ,la" 49, no,
yaiue. Ifthsss profitable stocks were
sold in the marker, they would probably
:, 'e," ~ ~ ,n,i u ;bms ,gnrJ y S,nJ !u$c;sD,
to redeem the amount of tho State debt.
But If they are not sold, aud the opera.
ss,s .'u"s VI .hor, @ lime i% comnnriso9 ,yi,b ibs
10Y ,.,"a """. osa S,n,s ,bs dsbt nr which
,has I@,. i.s'sS will he li"S;,Js,sl and lSs
sae S.sy. ''' ,';II ba n rosasss;on nf ,bo,s
..a.e .se VIZ n.ohatl,, orh,ncoJ n ,n,,a ~
1Si@o I'ar sn n,nch can;,,l m a;J IN
"u.:s hs, sJ SI ,;"L;,;,n " ,.,;," a.; "
"ess" nS' ~ s,s | c,,mas ] ;a'.,ro,,an'n," ~ S"aS,N
~" ~ f5;s @ a,m",n, ,bsn he 'IoJnc,aJ f.nr
'n's a"np"' ," H. III, Z, .,,Ii NIL
.'e ~" a,,a ns ,,,nrs,,mc,;ra s,ooIs
'ea,S " : . en,% yG nc soa.a.l a a.i"s, an,nn",
W. t'' :. 90 700. oaS ,7s so a Ht'
D4.iriny boweyer 10 make fall ex.
b;bit If nnr finances. that our credi, NAV
stand nnimnsarbe,f and pnimpeacbable
| il il prnper 10 STATE lbu, the amount of
actual smbscri,,ions epnropria,ions and
Ioaus ou,lor;zsd by law and remaining
To be paiJ after the sOtb September last t
iis n 45ll 739 as The much greater
matt ft,c ,bis amount was incurred for
subscriptions in the prnppi,inu ofrhree.
! 6fihs on The par, of tbe State to two.
6(ihs ON the mart of others, to be paid
ooyri Dosyu with the navmenrs of :pli.
yiduaIs and corporations, The whole
amount therefore cannot be called for
at once, but oplyas The works progress.
|, is estimated that tberc will probably
be Jemanded between the goth of Sep.
,ember 1859 and the same pcriud in
1855 about Sc 500 0Oo leaving the bal.
anco To he calIeI far in pGer wears If
Tho Whole snm bow.yer he added the
amount will bs sl767lOl4 95.
po,:, H.
ss' nJ ,a ano 'uo.1.I,.'oS, n,I'. 1mS
,,;n, ."5'D a"a 'oa"I ",,,b,,.;aI o T W. ~" - % :.
Ss, ":S aT.as" ar,,L'.. ~ y" ""' ~
cu."paH's' u ~ "',"as 'sa''1a' W." ~ ~" "
,i,;s ,uL ;,s''u" "'S ,,, Tss" .souHeu, Gu" W.
;i ""'I" "a"! pe.MaV. ~oy soo,o 1oIes oso Os p.
III; S%"S' a"''.'s ',. " ~ .O'ooo' i'ai Dat
i"b;ii,r 'l :, % e'' ,.,' "o,a -. 80 -,
"I !, 31nn,%s m umon i Z, nv roo,;oaL "s L;,;, :,
O. & I" IeF."Is 10 w." .no l,'as.'eau,'s! -, !
~, y. 'Uo'es s " 20 @ ".'e' "i'''s ,L uy sa,ae!s
Nv Nv !et mS'" ~. "po" I =: ."o i:, i.'",a,''H u u
','. o -"'I' "''L. Nv Wv" :" N:s:3so, :i::3, H""
aP"" -. 'Guss'' ,; ''p''ohs =! "uas:IaIs l:, v.
w, w, Io'a %" as'o"'1 .ne oo'Ns iTI "'l'o" "a''
Nv M oeS" %na G'us "e'et oe oPeHeu.-'
~ ~ app.op''a',o', % Ieeess"'y ~ '!ect
~, a, s;. sir'e's Gp", Sucni asp,' snu II IS
,J' la'. - 's''.aa'e Gie amount as aep''
""e" " 10 ne"t W 'n'PoSs.p'e ''at Ine
en.'e i.. s1"i ~ ,I eau e'et Do lhaae So II Is
,'oe.,i , .',umInee v ~ eenl 'ate tt's a.
e "I,' .l mo, ."as ',i &c ~ u. o'.t"a'
u ~; sun L.,s Is'u'seui -; I H. tatn' leu, 'ne % TO-
:,,a'"''s 1h. ~ "u'' w. asuu',tu' .l .no Mnots %
asu', a..e, suV'.se..'e e ;My ps%uu,s.se ,o .oc
li.fS,.eHls ns. oa S 1S eeio,'' w'.' oe sl9,lso'
oo1 i 20, A,I ., 'a's oeo. 4 IS "eo.'a'9a " !, a.
ssu ""p'osu'..e n @ ii.s a.L Va, ,''""sn Z" - - 70
mg, mr;",in, m works ' fn" hiob @ e ue. ., .'
'.,;tl ,s.a go" ~, "''Ua S - va. I i,sa,