New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-01-20

, % be Loan 70 tie Ccmrsny, for vaeh re II al '-'
:. :. ,l.s-.d III. Din directs ,he appropriation Of
-5tus funds in .hs Treasury, 70 BE ssed is'esa q q
,.o~s certificates 20 far a. 4 vii GO Tie rosd % oe
eouvIsted Il Eve years. The Company re-rse'el .
charge Of three eers per NILE fer passengers Inc,
ur,sd ssa.es, At The end Of rvsu:y yesrs, nay a.
chase Inc road Absolutely, psysn; of ' aesaA so=;
dedueting he sncunf OF money losned-
Tie Cliff Mae, Lake Superior, has declared
A ,srnssnnusl Dividend Of 81 30 = slsE-e, mixing
al % 9 shnrs since ne CONFERENCE.-THE. OF dividends
On an Investment II sls p share Tie Company
Rave surplus CT $1,000 il copper saer The shove 1v-
idsnd-
Gov Farweli, OF Wisconsin, IN his message
ssys in rea.ion 20 Railroads thst from The ccntr1e
tion CT the Milwaukee aud Mississippi Road, ard me
,urreys and es,ar.es for the Construction Of Other
roa5s Il apparent TIA. rsiroads eaa be eo7srraeted
IN wseou.in Il an average cost of ten 70 eighteen
thozssnd dollars 2 NILE. Prom this chea7uess, -
conpAred with Eastern roads tie Governor assumes
thst The railroads Of the State VII yield higher 2
cent Of profit upon the capital invesoed, and ior ha;
re.son that the means VII not long be wasting 20
bald the road now projected Viha he BOUNDARIES Of
the state.
The general banking law pssse BY the Legisis;u-e At
election the Governor considers, though nos entirely
free FROM tmperecons, in The main good AID safe
law and keiy properly carried into eject answer
the purposes designed. He suggests that:
general law shCzd be paced, carly day As
practicable, prohibiting under severe penalties re -
ceivng pay ng OFT, or passing - fnoney, u ts safe
erculsfng paper, q any form whatever, N the sam-
tude OF bank paper y any person or body corporate
thst /. not a, he tme Of sIch receiving paying on;
passing Eatorzod by some express law Of the Uni'ed
States or Of one Of the United States, Or Of Canada;
and declaring al contracts the consideration OF which,
in whole or IN part consists Of such circulating pspr,
absolutely uull and VOID for any purpose whatever.
Tie Executive authority has been exertei 10 its full
extent during the past year 70 sgPpres the practice
Of Illegal banking IN the state BY causing the 20
be brought before the proper Judicial tribunal bu,
fsr without e5est TEis shows the Necessity Of some
more stringent lcCslafcn up1n this subiect than Gov
exists to protect ne PeePls o. hls s.a,e from IN IN
which Il longer permitted to continue or increase, viii
utterly defeat the DuToses Of tho general banking law,
and work lasting injury 10 the fnances, 5usness, and
credit OF our state
The financial aaairs Of the State arc IN good con
dton The receipts Of the general fsnd for the year
were sl33632 g. and the payments from tslj4 $40 q,
Of which $4,000 liabilities belonging to previous
years
Governor King Of Missouri, in his message to the
Legislature speaks in the most gratifying terms q the
financial condition Of the State
Returns from all the countries IN the state except teu
for 1852 make the assessed value Of al the taxable pro
pery 81 As $50 Is derived from these sourccsvalus
OF lauif as is GO - town lots $50 80; saves,
22slOf75 other personal property, Sl36l6 0l1 Tho
assessed value of taxable property has been doubled IN
the la, eight years. The recfapEs into toe
Treasury from IL; October, $50 - lst October ls5l,
amounted 20 S4s02S5 % fromisJl 10 leJ2 s472 i2j
0J OF revenue proper for the first year the
s29Gl67 Il for the second year, s5f579 ~. Addin.
the gross amount Of receipts togther and balance IN
Treasury lst October, 1850 and II makes 1857 92 y
Amount q warrants drawn on the Treasury Tor iw0
yeaTs eldine1st Of October ls2 ss9l 6s7 g. and also
eO tfS - amount due the Bank for interest paid upon
State Bonds, and for which warrant drawn, but
the Auditor required 20 give the Treasurer credit.
still further deduction OF SJ76i5 " ~ 10 be msde. on
account OF the deficit Of the lats Treasurer, and still
further sum Of 9569 80 the amount OF State Bonds
and interest paid by Treasurer. and which he
holds a. 20 much money Deduct there suues, and {
leaves chArgeabe on tie Treasury, Let October 1889,
sfOl 400 %.
1s52 with the emoun in the Treasury st Of October
last will be sufficient 20 deiray the ny cXpe3ses Of
Governncnt-pay The interest the S,stc iet A. is
fss due nay the state Bonds falling dne N 1882 aad
leave n surplus for other appropriations.
The state debt the lsi October last ives e55 ,oO0;
but from this be deducted s27 23 % Stock ia the
Bank the interest which s psid out Of tivdends aud
Ire bank l. responsible for the principal This leaves
the State debt se4 80 40. OF this amount s2lj 90
feh due in la, and ample means win be IA the Treas
ury 10 meet T. AFTER that L paid, the State dabt viii no
$50 736 40 and Of this temporary loan ts9O, GOD
falls due IN 1856 leaving the balance o, state DC I
sl29 7J6 40 payable IN l-oe-3.
The circular Of the Trustees Of the Illinois
and Michigan Canal states that the several payments
made to this period. account Of the principal Of the
loan amount 10 20 p cent Of the sane the interest,"
meantime, having been paid semiAnrually dated Oct
20, ls4s.
The following statement exhibits the entire quantity
Of Canal Lands sold the valuation thereof deter.
mined by the appraisers Of Canal Lands IN lsi5. the
srnount produced AZ the Gales, &c.
Quantity sold between September. ls4s, and Nay,
ISL - sS7 valuation OF the same BY the GpprSls
err, s9l .575 ~. proceeds Of sale, sio4,30l ~.
Quantity sold in May, le52, l0-33 acres v,lusion
thereof St3 96s Is proceeds of sale s94417 o.
Quaiify sold Il private sale in Sept add Oct 1851
22O3s scres Valuation thereof slf0J9i ~ proceeds
Of sale, Sio5, f34 ~
Ur.-f- 49, ~ -. -r-,.s3 90 aos