Meigs County telegraph. [volume] (Pomeroy [Ohio]) 1848-1859, 1856-01-29

sf BIIase Anp'eg3s8s A;.n "'' Sd ssoss6So
lim9s hinvilIe, r ches 81 ero and bns
b9Jii. ClatkSiileH bAR ieiaibgJ sdJ 52S4D0 90
/ cincinnati and Harrison sIgaqa 5dj86,9AQ00
eBsasst eBsssti 1ss SsSsSs Hsii's% sa g g
| Cincinnati and Xenial L'sf9 'A'f7sS5000
lCifcIesilIel ana WathihGonq4lq tl7B9060O
Colerain, 03foId end Bfuokyille . 81 S5,77547
Dayton and Springfield 9Yg 81. 4. b5,450 90
I Dayton and Coyington $4,000
Dayton, Cehtfevilie and Lebanon 49,450 90
hDaytor Western iaI3 s.oB efGnai $500 90
! Great Miami T3iTf ii Al al sH 57;t99 SO
/ Goshen, Wilmington and Columbus 102, ,725 90
Hamilton, Springfield and Carthage, $4,000
Hamilton, RoSsville, DarrtowI, Ox-
Ii3Iie \ ford and Fairhaven 5.t' 49,742 90
Hamilton, Rossvlle, Somerville, .f
|olln9 Newcomb and Baton ., s1iei. r4s,925 90
Xetia 'Y'f1','S'''' y. Il, 800 90
7 Marietta and Newport ~ 100000
} Milford and Newpore siDgoH sis2,S46 81
Ohio Turnplkss rs r5ga % iliF Il 65,600O0
Portsmouth and Columbus 1,,I 81, 7S,369a7
Ii Ripley and Hilisboreugh 4 oai.,. 50,575 90
Steubenville, Cadiz and Cambridge 39,694 20
Urbana, Troy and Greenville 22,175 30
~ 2QOtl9IlNGO 10 iBuW,NT efi t---------
Total amt of Turnpike Stocks 81 l,5S7,46 3a4
t9iied y.RIau9g siCANALs. 1897 81 I'll
llCincinHatia and WhiteWaterm!b 9Sl50,0000O
Pennsylvania and Ohio 'sig2 4 'o- 42O,e0000
| Total amount of Canal Stock S570,0O0 90
/ 10 ogr SE4 eso oRAILRQADS,-,q anf.i 4
Little Miami Railroad Stock e,s 22l,2o000
| Mad River and Erie Railroad Stock 395, 800 on
ffhii''s"D 'No''. Dividend Bonds $4,000 90
+ treMansfeld and sandusky City Rail- ~ ho'
! clu load StuckII-rrIy z dss'roo,o,9 90
| llsrsrt,T L4g .NsqIig !59g v'ti---rr-7------4--
| Total amount Of Railroad Stocks g.s, W.
,d ana nalS'qfs DIVIDEND P B0Ppds ad S6s2SYY 60
Total amount Of Stocks held by - ,agoi .
b tn sStatein TnInpikes, Canals and q a9m
i DnaRailroadsd xis Oil 10 S2,SSo,7ss4i
|ud The policy ofnuaidng or entering into
partnership WITH inaivduals 6reompa7
IbnieS rtheeonstruclion and easryi6gnh
Ofimterprises dikeolhese, has long since
Observation-Disclosures These stocks should
1bthereiote bessoltbat whatever prices lhey
hcommanf, ando the proeeods be.ap.
piled TO the. payment o. State debit
4 lhTheir cashdvaluso ois ,estnatedIat from
b eight hundred gshousandlto alHiilhoh 9of
4 GdoUarslo siiilim edj 10 pQGihHe3 bsSiGF,.
1bfibH The policyofaaiirenewai Of a por.
| lltion ofytheJoan die January,hl855 ibe
v,adopted by the, Generali AsseIGbIyofit
d will then be, woflhgofihe mostiserious
i eonsidhratidn wheiberths renewal shall
ddbe4lofha single periotl,tof so sonatrangsd
! sWitAlirelerenee toiithe mhturilyuofnthe
a Iothersaebtsof Ithe Siats as To- have Tor
4 leach yesrssisBmi falling due to- be . ab-
4 sorbed fby thsiopefallonsoG the Sinking
l[A Fundno ojni L4iIIB9 3d noiiUlsrpD
,lli u am well aware OF the terDptaAionJaf.
In(ordediIby The )premiDmsa which, Gsnlbe
i obtained l(orathel stocks Of "a State occu~
,IapRiDg the proud financial fcondition Of
Il Ohio, 1.-the loan ,should1have adlong
do time 10 run. I.knoR that latdeast fifteen
i pen centpln could be conitnanded for a
A. twenty years loan,) and that this would
b amount, on a renewal Of two llions,
,do toa three. hundfeddhousand dollars But
we must not shut our eyesJ4to thefact
j that the credit of Ohio is strong because
4 oE her, persistence ins the determination.
Ia,tol 5slieye herself of al indsbtednsss-uaI
! policy, vbifb is now secured by The sa.
| creipess of constitutional pbligation--
nor 70, the fact that premiums upon re-
n newals depend ippon Abe condition Of the
i money market; which is controlled more
4 BY the stntsoof Europe, Than by the con-
A diiion Of affairs, in Ohio. Besides, the
| opinion that postponement Of the fur
4 lher payment Of The public Liabilities,
would, 10 that extent, diminish the taxes,
it proved to be; erroneous as well by ex.
perience as a correct appreciation of the
very plainest principles Of political econ
poniy.' The usual effect is an application
of9ah equal or still greater amount 10
Other snd less useful, objects, ..,aI ~ :,
Foq But this matter is placed in 50 clear
and Satisfactory q light BY The simplest
\ computations that further Argument or
4 'illGslfatiop is unnecessary, y, sS,,..-1.i
Assuming 4 partial renewal Of the ,'''
ju y loan oFJanuafy, 1887, for v4. l$2,000,0 ,00C
]i,The State foraloaaIoft ftweutySear 70 ataba
receives a premium of hfteenllS gAt y
per cent or 5Vu,UI
u aijneDp gstM Q ylGhaas oY--a-.-------
irReceipts at herTreaspry9 sis s2,S0noO(
tno But al the end iof twentygyears this
debts tobe paid, and The disbursements
have beensas follows:N s,f3 aqi,tgqmei
EPrinoiSafla 10 lRf3a sJabrHl 8 s9Ooo,ooC
/ Interest -fot tRsnty ysnrs.2n @1pc 2,4ooOO(
p;A -. "a An0 oOf
L. hhiu OIL ff0failq jggStlI 0nf gaHft.fa,SXoUoo
Deduct amount received ,,,A n, 2,SlQ,oOgP
~ h9WuiB 90 iEri i JiOihN3t a --lI-.L---LI ~
iLoss tolhto estate 81 gtroa d.sQ, 100000
iy,l And ibis result Is accomplished with.
ont aDy computation upon Interest which
m1st bB paid semi .snnually-mpst be
collected d year ia sdvahce cf ITS dis.
bGtsenisnt, and charged with pet ests
ssss ia The Treasures col!etsins i, MI
4 {