The Empire County argus., 1854-12-30

that G all the States s Of II; c2si '" SIX
In connection with the foregoing truly encouraging exhibit of the financial
passage oious
nsr %sns s % msd a a % &
and md ss % S as % sns entirely %
ceedng thirty on each one hundred dollars support
Prompt and udoous action being alone wanting all
that desired the premises sincerely trust that will without delay
tons Of ourco constituents
INDIAN WAR DEBT.
The debt incurred BY the State Ca @ mia the he defense Of her citizens
dred and twuur thousand hundred and ffnne dollars and xe
2 day DecemSer 1852 was the last Congress by
the General Government The section of law assuming this debt reads fol-
Section And be further e"eeea That the Secretary of War be-
by the State California the of Indian ho
and ta e s sa 5
uy said State oaa that the paid shall not exceed
a ssass aa 1a psd
'" s foregoing law"
correspondence in relation to the subject is herewith transmitted mark
Goth December 1854 included
Amount appropriated by Congress- -. 924,259 e5
Congress having the debt and the Secretary
into and n settle the & same will % provide for for the payment Of the
Of the State the General Government being clearly
for the payment of every cent of it.
CUSTOM HOUSE BLOCK.
In with the provisions passed the last Legislature
ed Appraiser the State who with the
General the United States Pacific required the cash
value of the property known the Custom House Block situated the of
appraisers upon thousand $soooo
amount fifty s5Ooo
ted States for the and the the sts deed
to- the sne M GoEsrPnth 5 h @ % the 0 the s,e seventh % %
accordance with duly Copies the
Comptroller
nation
SAN FRANCISCO WATERFRONT.
Message year recommended that
ms with v I to . a1 As % 1 Thss: M The & f,es @ City s Of s
injury the abc the same time expressing the opinion that the right Of the
A?n the 1851 subsequently, @ T., @ e! @
Francisco points be injury h
Aouah Hy THAT the pv increasing San Francisco
will in few require for its accommodation extension of the entire
injury the habCr would perhaps for the present BE- advisable & only " author
at % % aeI aous % % S
place under sufficient
Having heretofore in Annual and Special Messages addressed to the Legislature
vovcd unnecessary subject your
ors for any additional Information sys you may desire t in the premises
LIQUIDATION OF THE PUBLIC DEBT
again provide
property qudae indebted,
and will permit remark that the confidently
ados legislation Indeed good reason has been be assigned why
should longer be bthened with taxation meet accrg interest
rapidly the standing bonds the State called and cancelled
OF the of Bonds outstanding million
and thousand five hundred dollars
These Bonds will be fully due until the March, 1S7Of
teen hence
Should fail make provision for their redemption and the Bonds issued
thousand two hundred 1e dollars per to meet the acorung
est amounting the aggregate fifteen the million
being thousand four hundred and s6975 dollars than
the debt this date leaving the principal still unpaid
thousand hundred xtyGve 1897 265 dollars
be collected annually and believe unnecessarily from the people
unnecessarily because ample which should be applied
the liquidation the debt instead exhaung the the by direct
taxation to accruing interest
The entire real property possessed by the State pledged by solemn
legislation for the payment Of the principal and interest these similar bonds
and should their redemption be deferred until the people will have
compelled by direct