American Lancaster gazette. [volume] (Lancaster, Ohio) 1855-1860, 1860-01-12

IlHtCIcots ScgllS uOi. 4 Urac buuiSg Will VIZ
, bslahce Of 81 $50 dol rom 1858, amounted u
.210,23s, which was the amount sppiicabl,
+ to Sinking Fund purposes in 1859 Of hi.
! amount, ssS,0T9 dol. wefe usedto phyihtef
! est on Pofeign debt: IS 2i6 dol. on the Do
!, ,,Imestic Debt; I53.s05 dollars on the Inedu
, 'eJbfe DEBIT r, 75y DOS were apbifsd IN ply
nent Of the expenses Of the Fund Conimiss
oners, including the cost Of a vault for thei
{ Office; 800 dol. 10 discharge OF claim order
ed TO be paidf by the last General Assem-
bly,; and 62,529 dol. in purchase Of bonds ol
the Temporary Loan, and other bonds 10 be
used inits payment. TIE ngefe gate eypendf.
ture was Lar, ,Gsi d6I., and aabaiance wsS
left in the TreasUryof 1913 ,55i dol.
lLwill be- seen that the revenue provided
! by law fCf the payment ofintefest on The Pub.
lic Debt, not inclnding the Temporary Loan
wasinsnfficieht for tbatpurpose. The amount
wanting was about $4,000 dol. There he
ing, however m the Treasury . loFP Pe sun he
longing 10 the sinking Fond, derived from be
levy for the Temporary Loan, but not needed
, for. its payment until next March, IT was
thought better 10 supply the deficient smntnt
from that source than7to resort 70 the power
IN impose additional levies, vested by the last
General AssembEih the Auditor of State
TIE public interest wss perhaps best consult
I'd IN this action; but il involved a-lepariure
from that provision Of the Temporary Loan
Act, yhichrequires the proceeds Of the levles
for its pnymeul TO be absolutely reserved from
all other applications and II may he we'll
questioned whether any advantage gained by
Such departure ought topTevali over The con
SueIdtlohs "hch ehIoln stTlct compliance
WIN tne law. II y obvious, however, tha'
,he audp1onsi ie''ts necessary 10 provide ioi
lne interest OF Inc aeOt shoolu nave oeen I'M
poseu Oy u'e "ehetal assembly HseH' iuly
auvised as u vas as V tiie hfnountoi interest,"
aho T sne lhaoaquacy oI- the provision made ioi
u. me tespohslo'hty OF The necessary TAXA
%SIo'I % snooIu nave peeh aSsu''en ny phe Legs
iatuie ihS'eau ol DelHg impeSeu on the Aha'
nor r.
taouiar Sud,eteHt aPPSnaeu lo-un'S COM
lnunlea''on' "hl 'lninoeieu ~ exposes az one
VIC" tne nuiloet oi acres OF iaHu on lne etano
ik'' tneIp Naiue, tae i'aiue OF lahSoie toWh
son anu chuueis' lhe seNeial aeeresa'eS ol
otnie' county aila local ieSles' and the faies
ioi leVy lot oiate purposes IN eseh. Of tbeiaS'
eight' years. IL wan DC seen that the average
'aIe o. taSauon III -tne nfst iaii ol mat tlnle
eAceeaea cohslueraoly tnSt IN the last haH;
wm'e,tee eggregste revenue o. the last haii
exeeenea -lhat, ol Inc nIst. lhls result TwsS
ptoanceaeDY inc lafssi average Dasls oi la1a'
hOillh tne iast period more man Inc s~hole
EXCESS 'o'.ieVies' 'Wss iot schoel purposes a'ii
the payment oii oeols contracted IN Inc hfS'
peioo. ttS- ~ a.a .''t"i ''- 90.
nho'hef 'aUuiui' ssa,ehlent' 'hn'iloeIeh II
WIN SNOW tie ieail; ;G'souiseineniSio ioi heeis'
ialNe' 'uuic'ai anu EAeculNe expenses; iol
the eApehses oitns oeheVoleh' anu ,eio,nlfIo' .
Tsl"sutu"ohs' anu on. dccouDt of''He ruDi'e
"oiss Ioi tulee Pe'lo1S VI ioNh yen's e"eh-
Tue HiSi lihheuiasel pieceuins, am, lhe i~o
Snn!,;,,'t;or Iii ~
S !, ~ ,.t1
rssIv ors, ihs sdnn,;o ns he CON
st,,,',;on. b,,t ,bst ,tsv no., ~, haa os,,,.
s;Ssraii, loss 5"r;na, ~ h;yd ,han dam, .bs
.'i ~ 80 '"u' : 80, ".
s-rsr5it,,rs fro., isEs - Issi MS 73s en-
Jof = 'r,o,n' issS 10 IsSs ;,cl1ss;ya sSi;n. :,
49, ornnr..,,t an,n,,,,o ,ha ,,na,,,ho,;ssI ~,
sns ,h,, ~ -
~ ,'a?I I'nos Coz. Al - Isset 40 =,
Pu' g',"t;,, r., .,,.,,t .ro','u,s
n,'r,a,, aon,,,S,,, oe ~
,"oo,aJ oos sss All W., 4, I. ,a,ea1,,, 80,
,ta, dn,;n1 IN. iaSt nar;od ths pSI,In NJ,
-, rton,, oharIa ,,oan r. ..'na,.i -
n,,a. - uau, e,Tr,oto,v Ins,;',,,an,
-, r,o';T.,1. ~, iarr odi;,Sons ~ q,
M, 10, - - .ha iist of ~, a.,
~ SN.niT'.,a e.. -, ~, sara,,a1' -
S'''- "lS.ie',a ~ ~, To,;.Is,rre - -, -
,oIj 'ssS0 ',ate, IL 81 Ioi"r;os o.iI', -
d ,'e,o' ;, '"as 49, a. pn,r5 "a D. I,;,
w., 80. " 80, ;,,o,aasaa 81, ~ otha
Il y, tse-d;tr-ss d;ractsd h. ths ,e
= ~ :, ~, h. tor.J ,ba, ~, ras,I,s 81 re-,
n~ a,, ~ rsars vii he accented 90 ey;5enns q
ieost ~ s;nca,a JaS;rs ana en3eayn- ON IN
hayt I' Of Of The NFxecutiyt or;cers, io perfon y,
aitbfUily ~ ar iI,,;es - The neonlse fO' '''
0 '~,."'u,'' '"9i' " u''S' ~ '''e psop,e
beslues lhe advance rom lhe treasury 10
repairs ol the nochns Oanat WINCH mas zee
heretofore ekplahaeu 10 me LeEisIalare, an
WtLoe aga.h 'uliy eNpIa'iieu ia tus commune
catoh, no oeNPehCltuIss oeyohu apptoPt.a''9n ~
ana no ugoss ,nuuiiee m,sIou' sus"oIy' ,i, on
g nng the laSs two. oienniai pellous' "ill ehi
baIrass tne nnahoeS, OF oppose tue revenue
OF future yenrs'
fermil me now 10 invite your atleI,nil nlpi =
some observations upon the Pubic Deht Q
" The State. nat aeot, need harhiy repeat !
b OF Two descriptions; the heauc'pie. anu 'ne u
, re1ncIple. Inc iormet represents Ioalm hol cl
capnailss' 'he ialleI tepfesenIs lhe pIocTeu Ts
o. acoGol Lanus g,ag'gu @ oy 0""s .eTs .i,s
ol'leI may 20 ,epaceu py pa!'nen's' '.e ~
must continue 10 lnsIehse as tone as als p'o
u eeeus ol SchoGi ANUS slt useI "'t%
nov u''eG'eu ol ,a"' anu ute ,ha nsnoSs e.
pleuge ., sM p1' Uens ~ 'n pu'pO0's y
"nie" .ne ocnope isuus weiI siun eu
III 'auusIy, ios'' '.e rro
Il me Fuolc molSF, -; Snu a1,el hi tne
o, sse u y, 5tu 70 p be Stock of oroaf
y. oiats supseltoi' 70 ,ue o'Si :, =
eahal p9a iptnplSe colpaEies' the .h u
was ~ eoe uoi:. os :. nseS Ips
u Dg?stSas ',''o'''' u9i'' "N0 my
+ i'dSo,l+ 20 aol' a. saa,l, %,
, pIolnl 'Hst !HlI s"e ti ~ ~
=. slaogaiLy oAnlhspe9; = ny sns Hs 'etvas,o
ana uso.s eJHaosse y % tSs,