The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-01-23

receipts into The treasury for The years. 1887 and 1858
win b but SCAT b4S, while the dhhurssusnv, esyoes
nSss rescS 81 cas 7sa Here win BE- an s1osss Of dis
bursensns over Estimated reospss Of sTslss. The est
sSsp embrace the . TO- 2, - tnS cse
less she present exAiurc snail resort 70 direct axsvou
or the people, tho treasury will be bankrupt ana We're
yas Of more than i've S millions Of dollars sIoeaavs Of
interest
TIE Racine Advocate Of tho 18th inst contains the fol-
lowing remarks rest.ve to the charges made public
regarding she scia action Of tho President Of the Rscine
and Mississippi Railroad Company.
Ills we'll known here that dursng Mr. Duraad's absence
grave charges have been made pubic affecting mis- nteg
rty IN managing tie affairs Of tho Racine and assssi pp
Rslrosd Company These charges are tiough, By Mar,
shall y. snoDg Esq attorney * the company, and who
sisc Railroad Commissioner cor the CITY The occaton
rnoe n coming gsv notice was sne v,
strong 10 use bis Influence and votesAs RAILROAD Com mis-
ssner TO secure the election OF kr DuEand ~ Pres
the Council TO explain Why his opinion, such rescsu
con should not be passed As We understand the mat
Drectors, asd commttec appointed by them 10 iuves
fase 'be charges and reported that In their opinion
there was just ground Tor the accusation, and fully OK
doipss last evening Mr. Durand addressed the citizens
OF Racine u Union BALL. 10 reply 70 the charges brought
every one present went homo perfectly satisfied that
these charges were sroesly false ID but proper to
state that they are almost exclusively barred on ransac
tons whereby 1t claimed that the railroad company
In the aggregate had lost 900 TO $40 600 by bad
bargains made by Mr.iDurand.
The Superintendent Of the Bank Department In asswer
to resolution Of inquiry 10 the Affairs Of the Laws
County Bnk reports hat Of the present condition o the
bank he Knows nothing, but rcers the Legislature &C
report Of VIM. Barnes Esq, hts predecessor. BE says
that this ssnk being Incorporation, was not compelled
to depoh. securities In the Bank Department FOR the
redemption Of its notes. hey being simply counterssr cd
and registered there The Affairs Of o bank being IN he
hands ofrcompetent Court he cannot, il no had The
inclination interfere. With regard 10 the ability Of tie
bank fund to pay the outstanding Roes Of the Lewis
County Bank, Mr. Cooke says
The disposal OF the surplus Of the Bank und (shoud
any exist after the year 1885, when the lest STOCK be-
comes due) rests with the Legislature, under whose
preparation the balance remaining be PAID TO the bill
holders Of the Lewis County Bank The following table
will show the stuaon OF NE fund, and exhibit tne caa
city of the 70 pay the stock due the ls OF February
1855, 1852 and 1891 frc which will DO seen that the
stock due 10 1854 will require advance from the rea
sury Of SIS a. portion Of the debt be upeuded
for one year. HE amount Of this deficiency will ne
largely Increased the State falls 10 from the
banks whose charters having expired, refuse to pay
their last yearly oestribution 70 the Bank Fund
1867.
Jan. 1-Basnce. ........... 80. 2s7 81
Feb. l-Ce ntrbutonx Of 1855. "a. .$eo,72s 80
Interest on deposits. 1906 OF