The hydraulic press., 1860-08-18

February, as appears by the County Audi
tors report Of Nevada county, of that date,
the total county debt was $i43, ,56l Is; the
present report shows the debt to be $14T,-
372 02-being decrease of So, ,lae l3. The
debt of the INDECENT sick has increased about
SO 300; the general fund Is fh about the
same condition as it was six months ago
while the Court House bonds amounting to
something over 5000, have been cancelled.
The bulk of the property tax is collected in
October and November. Next year there
will be a decrease of taxation, to the amount
of twenty-five Gents on the hundred d6flars,
on account Of the Court House debt; but the
debt ON the INDECENT sick fund is Increasing,
and measures will have to be adopted to
increase the revenue accruing to that fund.
This can only be dors by an. act of the Leg
islature authorizing the Board Of Supervisors
either to appropriate q portion Of the special
fund for the benefit of INDECENT sick, or else
to levy larger tax on that fund than they
are Authorized to do by law. The tax now
collected for the INDECENT fund is just about
sufficient to pay the current expenses, and the
interest on the outstanding debt is being
added every year to the principal. An ad-
dftional tax 6f ten cents on the hundred
dollars for the INDECENT fund would be suff-
cient to pay the currant demands, the accru-
ing interest, and eventually extinguish the
outstanding debt. Should this course be
pursued, the, decrease oftaxation for county
purposes wifi be only fifteen cents On the
hundred dollars.
The county deibt is Still large and taxation
now in a very healthy condition, and the
debt, on the Whole, i: slowly but surely de-
creasing. The large amount which IS now
paid in interest on the debt is now heavy
burden on the county; but as every dollar
paid on the principal reduces the amount
annually paid as interest, the reduction ofthe
debt will be greater every year In other
words, portion of the money which is this
year appropriated to paying interest will
next year be appropriated towards the pay
ment of principal-Nevada Democrat.
OUR SH1pMENTs.- following is from
an article in the Alta:
'Wlthin the past year the exports from
California have increased about 200 per cent;
much of this being produce sent to the At
lantic States. There are now ten charters
offering for California cargoes, and not yes-
sells etotgh to take them. Two ships laden
Will luO tcCmtuS piouuSC vi Jul soiij SoiCu
last week for New York. This is signifi-
cant fact, and illustrates to the world, that
vast as are the exports Of the precious metals
from this State, California by no means de-
pends upon geld and silver for her sources
of wealth.
"But the story is not als told yet. At this
moment about Us mary vessels are loading
at San Francisco for New York. hs there are
in the latter place for San Francisco. In
whatever part of the city front the curious
observer walks, he viii find the rich argosy
from the grain fields pouring its yellow tide
into the capacious holds of great ships. The
boast of our orators, a, few years since, that
Calif rnia would one day become the gran
ary, as she is already ohe of the treasures,
of the world, seems likely to become verified
as prophecy. In ramble yesterday, we
noticed at the wharves no less than nine
vessels-some of them ships of the largest
class-loadiag with the produce of Califor-
MAS fertile soil. All over the world it will
be waited. Some of it to China and Aus
tralia; some to ireland, and some Will no
doubt reach New York, at which distributing
point it will take second impulse across
the Atlantic to Europe, and feed millions of
mouths where the name Of California is
scarcely known"