New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-01-21

Tota.......... q 2Sen5 7l76,Bl lot69o S4 1896 79s
Az compared with the statement of the previous
week the results are as follows:


Governor Brissen, Of Illinois, in his message just
delivered renders graceful tribute Of justice TO the
orginaors of the Illinois Central Railroad Company.
This is probably the most magnificent enterprise OF
modern times which has been carried through by
one Company and alone by private capital. Illinois
owes much 10 those who in the dark hours OF this
enterprise freely rsked their private fortunes in it.
Gov. Brissen says:
ILLINOIS CEsTRAL RAURoAD.-The Illinois Central
Railroad Company having obtained for the purpose OF
the cons uction OF that road the large bJdy of land
granted to the State BY the General Government, and
having in return undertaken certain obligations toward
the State ard the people, claims for that reason the
particular attention OF Legislative and Executive
Departments The tiateIng terms IN which my dls
tipaushed predecessor has spoken of this enterprise
are In my opinou well deserved | believe the wO
when fully accomplished will stand lnrivaled, even IN
our country proverbially renowned for bold ana e.
gsntic undertakings. Ii is proud monument OF the
skill sagacity and enlightened views of those who
conceived and have thus far executed II.
The pecunisIy benefits TO our State Treasury srsng
from the arrangement between the state and the Com
pspy are unmsakably great promising az they do AT
no distant psy entirely to relieve citizens OF taxa
ton for the State purposes. But the beneficial effects
Of this great enterprise upon the business OF the PEG
pie at large, and more particularly that portion OF
them in Southern Illinois, who have heretofore labOEed
under such serious difficulties in reference 10 markets
and commercial intercourse, but who will soon rival
in all the clements of greatness, their hitherto more
favored fellow citizens, are almost inc icula6le.
have the fullest confidence that you will extend every
reason able facility 10 this Company Ill the prosecu
ITO Of lie en,erIrise, while at the same time you viii
guard with umest caution the lights OF people IN the
behalf
II is but reasonable perhaps that should here avail
myself cf the opportunity of Distinguishing certain n-
dviduals who prominent in the inception OF THIS
great enterprise. To Morris Ketchum, George Girls
void David A. Neal and Jonathan S.urgis are We
mainly indie bted for the successful carrying out OF this
great object. Mr. Kttchum especially, was as sctiye
az he was efficient in organizing the company, AM IN
deyising ways and means for the prosecution OF the
work. In thee things he ably sustained by TIE
other gentlemen named Aud on more than one oc-
casiOn, when the prospects of the enterprise were
sLrouded in gloom ano doubt, snd when nothing but
the most bolo and skill,u policy could have saved II,
tese gentlemen rsked their own private means 10
extent which, had the enterpriie failed, would have
involved Of them, at least, IN rretrleVable rum
take pleasure therefore, in placing these gentlemen
before the State in the light which know proper 10
them that people in future may never forget to
whom they mostly indebted for the great work Of
the Central Railroad
The Circular Of Messrs Mare & Kanz, for the
steamer says:
Our las adyces dated Eth During tho three
uin da the stock ,emaned weak with fair
easier stocks upward tendency This disPos
hs, been evident since toe receipt Of the foreign al
yc. per steamers Of Dec and 50 few Western
Banks whose circulation p[ty based Oh California STATE
BoId' having been durus the last few days forced nto hqa
STOCKS have remained stationary, aud in some
have declined VI der the prospect OF peIPoy sales OF
Nirsnias, however show marked improvement.
California State securities have been dereded since the
Court deciding the State debt void and in conayenn
the s Article Of the Constitution This article decaes
that no debt by the State Of 1901
previously obtaining the affirmative voice Of the
op both the amount and the purpose. which It u
debt OF The State having been asreeab cond
lions, his decision affects the whole of the debt over aad
about s545S6tO the taxable real and personal estate
s s9Gqei; % *4'0'VO aud the population s'HAs' "
The Governor the written letter. stating that
Message the opening Of the Legislature the passage Of law
r.ns adopting The existing debt 70 be submitted
tbe approval Of the people the general election Ia September
He so Of The opinion that the coupons due next July
ACCORDING to even index Of public opinion there seems 20 be
doubt that The debt will be ratified by majority
of tie p.ple Al the September elections This decision OF the
been called for by those
psrty California, vi 20 the repuda
sti,or expenditure. ofthe Administration before ID. credit
and the State bad become thereby exhausted 10
tie 6sI experiment referring question b.k
pus;ou composed extraordinary extent ,dyenure.
but reyehees there every reason 70 hope ihat me al
ysneed Of popular intelligence the diffusion Of dst ideas
th regard BY the entire press and the se9rn and dshoar
which attach themselves all the world over ~ the name OF Nils
ssippi fail TO insure the full and entire rsf alton Of
STATE Bonds shows that such likewise the opioon
New Ork similar decision rendered under Ike ccum
Yt in regard to hc csns Revenue Certificates. At ster day
Ii. pop. aeinowldsed the debt the general election aud
Inc STATE eJeoN - th'lepJ u4@ur tnAu eFe!
Messrs. Decoppet & Co. say:
Per Asid. r.YosX Jan % 1887.
Sine. last sdvices Of he lh has been be.
cced IN the money make. That
has been particularly felt in loans upon stock than any
marked decline upon the discount paper During the week
asgregste ansaeons az the STOCK Exchange has bees
fair Since days the heavy fall of aud the
intensity Of The cold far mpeded By
water ,ld BY land interfere ali kind. business.
Spite Of this, there il a upward tendency today.
The very heavy decline in California u s due the
brought b. las; mail Of the Of tbe
Of 10 .em.be 1875 pronounced b. the Supreme ur Of the
State Iris news although accompanied with universal
there exists bat little doubs this deb. will
receive m the popular vote the character Of Legality which
IL lscEs, threw eoeBess upon Caor lS .nnties
We, City State Bonds The decline Of the State Bond.
attracted attention they again ootinsup
STATE SrCCEs-Ne notice moderate In Ms
SCUM 90 and Nrnia g. the former At decline the
advance California 10 ls75 siisr selling "a in the bezinniI