The true Democrat., 1854-11-08
l.. .r,oY,nt due from the Real Estate Bank to

;,cludinc lands and town lots which have beer taken bv the bank in payment of debts and tht oonvevances therefor taken to the State, are lia ho 1t is impossible now to state how far the ,,roceeds of the assets and of the lands anC 4own lots will go towards extinguishing thi: 5obt But after collecting and applying al that can by good management be derived from those sources, we can then ascertain the balance of the debt and adopt suitable measures fol having every dollar of it without expressing t,o neople It is believed that the assets oi tbe Real Estate Bank, if properly accounted for collected and applied together with the pro- coe]s of the lands mortgaged by stockholders to the State, as security against loss, will, if nrn1entv managed, eXtinguiSh every dollar of Tho S-ates liability on account of the Real Els +o.e Bank. Then the only debt of the State =, a,countof the banks which will remain with ant adeluale means to pay It, will be the bal onca of the debt of the State Bank, which it ;s sbeleived, will be less than one million of dol lars The State owes no other debts but small nne, which. by the 18th of May, 1855, can all I,lajl from the ordinary revenue in the State Treasury. ia gold and silver; and after their rarm mant an abundant amount of the same End of funds will remain in the Treasury, to de(rlv all the necessary and ordinary expenses of the $ ate.
 Although. by the bad management of the banks. the faith and honor of the State of Ar kansas have been tarnished, time, with pru- dent administration of our government, will, in short period, restore them to their original bri shtneSs and lustre. Then patriotic citizens will point to the past history of evils, brough5 upon the State by the banks, and the people will be warned from a policy which would again bring upon themselves loss and upon the cr3dit of the State diShonor.
 The Secretary of the Treasury of the United States. in his report of December6th, 1858, shows that the entire gold and silver coinage at the Mint of the Tinted States, from its establish m.nt in l192, including the coinage of the branch miuts from the commencement of their opertions in 1888, to Oct 31st, 1858 amoun- tel to three hundred and seventy millions. eyht thousand one hundred and ninetv-two dollars and fifty cents; and he states that the table exhibiting the operations of the mint shows the gold coinage, from the first of J aa- uary to the 31st of October, of the year 1853 to have been S46, ,998, ,945, 50 and the siI- yer coinage S69Y6,225 and proves an active and growing demand for gold and silver as a currency for actual use; whilst the imports of gold and silver, including what is brought to the Atlantic from California. without estimating forthat brought in by emigrantS, compared with the exports fgold and silver, prove that. with in four years, tue large amount of sl35, 5,972095 73 has been added to the gold ;tld silver coin remaiaing m the country" lie further very justly states that should this increase continue for but a short term of years this country will be able to dispense with banks of issue, and their attendant evils, and have the gold and silver currency contemplated by the constitu- tioa."
 Notwithstanding this great amount of gold and silver added to the currency of the coun- try, here in Arkansas where we have by a constitutional amendment, prohibited the estab- lishmcnt of banks, and, by law, forbidden our corporations and citizens, under heavy penalties from issuing and placing iu circulation, change tickets or other of their paper preJexts for a currency. for the want of proper laws to pro- hibit their circulation, the State Is being t1ooled with small bills of denominations less than five dollars, emitted by corporations beyond its linn : its or by countcrfeiters; but whether by the one or the other, tending to the same results of cheating the people, and driving from the State its gol and silver currency. To remedy these great evils, it IS recommended that a law be en- acted that will effectively suppress and prevent the circulation, in this State, of any bill of less denomination than five dollars; and at some fu- ture day, any bill of less denomination than tel dollars.
 Such a policy would bring into this State gold and silver, and greatly benefit ourcitizens 1t woull be e luivalen5 to causing an exchange from their hands of paper, depreciared and of doubtful value, for ar equal amount n the constitutional currency of gold and silver.
 ..f 4l t.,t trictS, and appor5oning representatives to the the several co5ut3e-, by provision of the colsti- tuition, devoiycs oh the General Ass mblv, d the present session. Iour attention is, there fore invited to the abstract of the census of this S-ate, showing the population ol the sevcr- al counties on the lsc day of January, 1854, IS enumerated by the sheri-tS. From Scott and Polk counties there are no census returns.- The aggregate population of the other fifty two coui ties is, 243,ll7 souls: of which 99.- 926 are free white males; 87 ,298 free white females; 5, ,Z79 slaves and 614 free persons of co.or This abstract also shows that the lands cultivated, for the year 1853, were 2j6,G6615 acres in cotton, and the production l6O,77J bales of cotton; and 6OO,5131s acres iu grain. ald the production II, ,536, ,969 bushels of corn 332. 535 bushels of wheat, and 1O40 2OG 5ush- ct> oI OitN I)N ttc IL III Litc Il l''tJt' oTt, t will b9 seen that there were no returns of taX-books, for the year 1854, from the coun- tes of Arkansas, Fulton, Lawrence, Monroe and Polk; but that in the ether lo"ty-aine counties, ther. are taxed, besides other proper, tv 1J8 saW.miii}, 6I tau-yarls, 5 distilerie5, A., ,z43 hor G, 1l,85l mules, 554 jacks and jen- nj $ and l6l, ,9JZ neat cattle and also $16, ,220 Of capital lvess3} n manufactures.
 The toAl valu. of property taxed for the year 1854. in these forty niEe counties, is shown by the table to be S55,377 ,364; and by table c, in the same report, it will be seen that h the five counties from which there are no re- turns for 1854, besides other property, there We're taxed for the year 1853 five saw-mills eght tan-yards, six distilleries, 4031 horses 6'l mules, G7 jacks and jennies, 13-609 neat ca.tle and S58O capital in manufactures; and that the whole value of property taxed, for the yelrl 1853, in these five counties, was S3,259,- 8l4. Therefore, without allowing anything ioft the incrcase of property in these five coun- teS, since the year 1853, the total value of tax a0e property ill the State, for the year 1854, is Soo,656,lo8. The whole value of taxable pro- P'r'y n the State, for tue year 1852 is stated ll tloe J of the Auditors report at S42, 300