The Weekly Perrysburg journal. [volume] (Perrysburg, O. [Ohio]) 1861-1???, 1863-01-14

Males, ............, ............,..,..r.G5O
Females zee. ......., .'.. ........ ..,....... Is
Whites ...... =. ............ ,,..,.,....... 657
Colored .'..'.,,.,...'.'. '.'....,,s....,.,,,. Ill
Total number then in prison ..,......... 36S
Being lS6 less than at November LIST last year.
The number admitted within the past year, was 2SI
the number discharged, during the same time, was
Sq3, as follows;
by expiration Of sentence c.................. 2s7
pv r,rdo,,.... BY Governor .ssl on
~ P''N | BY President. ~ "
Rv death ........ ............
By writ of error .............,.. s
by sent to Reform Farm Observation-Disclosures, |
by escape ''''...,,...s., ...,...-"...,.. 2
Total ......,..... Observation-Disclosures. 1913
The numb,r Of applications for pardon, made
during the wear, was los.
\ list OF the names Of those pardnued bv the
Governor, with brief statement of the reasons
therefor, il herewith presented, in II communication
from Judge lhtlman, Private Secretary.
The report bf the Commissioners OF the Reform
School and Farm, IN Fairfield county, herewith,
presents most gratifying exhibit Of that lnstitu-
tion. The number in attendance AZ the close Of the
year, was 1885, The total expenses of the lnStitu-
tion for the year, we're $lo,d10 ~. The high char
acer Of the gentlemen in charge Of this Institution
should command toi their report your favorable
consideration.
The report of the State Treasurer, herewith sub
mitted, is gratifying exhibit Of Qsfr financial CON
dituu. ~
1t will be seen that the payments into the Treas
ury from all sources, duung the fiscal year ending
on the 9th of November, 1852. WAS So 23q 1923 ii,
and that the payments th,retrom, during the same
period amounted to $500 04S Us and that the cash
balance in the Treasury, ON that day, was $47S.-
456 40.
Under the authority derived from the Act ent-
| tied An Act to establish the Independent Treas
ury of the State OF Ohio,' passed April l2 1888,
Royal Taylor. Esq, of Cuyahoga county, Ohio,
! N hn luv nf Sputpmhar A
pointed 70 examine the accounts of this department
and count the funds in the iron chest.
| Mr., TaylorS report ofths examination, which
was made without moments previous notice to the
Treasurer, herewith submitted proves, what all who
know the Treasurer aud his assistants had reason to
believe, that they are honest men and competent
accountants.
I In calling Your attention 20 the report of the
Auditor Of State, you are invited, really to the con-
sideraon of rue, perfect and full history of all
the operations of the State government for the past
year. This officer is entitled to great credit for the
care skill and labor he has bestowed in preparing
this important document. His several recOmmcnda-
tonS are entitled to your fullest consideration and
confidence; and. without troubling you here with
a particular recital of them, | commend what he
has said TO your favorable action.
Ii will be seen from this report, that the total
| amount of taxes levied during the wear 1851, was
Sl07l,l2I So that the ordinary expenses of the
State government for the year, were SIlj ,4l4 l3;
and that there was paid for interest On the State
debt, 1914 $3.50 SS.
That the entire Indebtedness of the State ON the
18th day OF November, A. ID. 1851 WAS Sli,S97,-
2f3 "a, OF which there was paid, during the year.
the sum of S7JJ.6lO 49, leaving due, November IL,
1862, Sll l,l4l 66G 81.
That hf this debt, the sum of S2,Si9,379 % is
lrrcducible: that of the balances, SSjI sS3 50 is
payable, both principal and interest, at the State
Treasury, and is designated, from this fact, as the
Domestic debt of the State and is supposed to be
owned. mainly, by our own citizens; and that
SlS,,S3,IIS So the balance of the redecmabc debt,
is payable both principal and interest, in the city of
New York, from which fact it is called the Foreign
debt, owned partially by citizens of our own State,
but mainly by citizens of other States.
BY the Act of January Ii; 1862, entitled An Act
to authorize the banks temporarily to suspend
specie payments etc. it is provided, that any
"sOvent banking institution of this State, avaing
itself of the provisions of this suspcndng act, shall
during its continuance in suspension under this act
il required by the Treasurer of State, furnish him
with sight exchange, payable in New York in coin,
for its own notes in the proportion that the creua-
Hn OF such bank @ SssEs % 10 'hs HI S not exceeding
one-hat uf one per cent. premium to the extent re-
quired 10 pay the semi annual interest on the pres
ent Foreign debt of the State, and so much of the
principal rs is now may be provided for by law >"
All the banks of the State, | believe, availed
themselves Of the provisions of this nct and hence
became liable, on presentation Of their paper at
their counters, each for itself, to furnish their
eral proportions of the coin required. The sum
/
which was promptly furnished by the several
banks, without eXactng the presentation of their
paper, thus saving to the State the expenses Incl
dent 10 asserting and presenting their paper.
The difference between coin and currency or
legal tender notes, prevailing for the past few
months, was 50 great, that it scarcely to be
pected, that this lberaly ON the part of the banks
would be repeated, for our interest becoming due
January |, 1863, amounting to 393,jo Hence
the financial officers of the State wisely provided
themselves with the notes OF the several banks, for
presentation. Thus provided, the several banks
| promptly met the demand upon them. The interest,
therefore, upon that portion of debt made paya
Bile, out of the State has promptly been paid in coin
The interest upon our domestic debt has been
! paid, like all ordinary transactions between man
| and man, in what is known as currency, which
| is now, and has been for some months past, about
thirty per cent. below coin, It is difficult to find
any good reason Tor making this difference with
our creditors. Ii is therefore recommended that
you make provisions for the payment of interest in
coin upon all of our debt or that all he paid in the
legal tender notes of the Federal Government.
The banking interest is not alone Interested in this
question Ii is true that for the past year, this in
terest has sustained the burhen, but il is idle 10
suppose that it will continue to do so, for any con-
| siderable length of time. Much the bankers may
desire to continue in the business OF banking, it is
safe to assume that they will De governed by what
they may consider their ultimate interest. And II
requires but little knowledge of the business to
that they cannot make money in purchasing coin 1t
thirty per cent. and selling it at half per cent
failure therefore, your part, to relieve the banks
from the provisions Of the act heretofore recited is
substantially inviting them, at once to wind up
| their business.
| This great interest is SO intimately connected and
blended with all the other varied interests of the
State, that any measure tending to drive them out
of existence hurredly or rashly, must necessarily
derange all other interests. 1t is, therefore, recon-
mendcd that you relieve the banks of this burhen.
Upon the question, itself, Of paying our interest
Il ait Ia, fntFn
of the measure it may be claimed that Ohio agreed
TO pay in coin, and having thus agreed, and being
abundantly able to perform all her agreements, we
can not with honor, compel our creditors to take
anything else.
On the other side, it may be said that when this
agreement was made, twas not even contemplated
by our wisest statesmen, that anything but coin
would ever be declared legal tender, nor, the ma
tiOna government would ever be compelled to issue
| currency, and require the business community to
receive il at par, when the same would not command
in coin It's nominal yaluo,
This state OF things, however, is upon Us, and the
wisGS oaHnOt tell how long it may continue. Is this
sufficient reason 10 Justify us in violating an agree
ment? surely, our constituents will respond, 30.
The Fund Commissioners should, therefore, be dl-
rected by law, to provide sufficient coin 10 pay the
interest upon all 0f our debt. The principal of the
debt being payable at our pleasure, after stated
periods, may be suffered to run until more favora-
bic time for its liquidation. ...-..s. go
The semi-annual reports Of the Fund Commis-
SiOners herewith presented, contain detail state
lnent OF their proceedings for the past year The
total receipts for the year were 81 0j2S3S, and the
disbursements 81, ,s99, ,5j2 90. Under the authority
given them by the act of March, 1852, they have
exchanged certificates due in 1884, for like certii-
Gates due in 1860, to the amount OF s4,Oso,3Oy ~
They show that the total funded debt of the State
is Si4 ,l4l ,662 81. These reports should command
your profound attention,
As all Legislation authorizing associations for
the business of banking, must be submitted to the
peOple for their appIOyal and, as the charters of