The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1863-07-02
tions of the day..

Hudson River !l4Sk l4SL Pr an Chen. 81 "a
Harlem. ...... sSA 9SH Chic NV. ~ 81
The directors of the Illinois Central Railroad
Company give notice to the shareholders that the
net earnings during the LIST six months have
exceeded three per cent the capital stock.
They have made dividend of two per cent, and
reserve the surplus until the declaration of the
next semi annual dividend, with the expectation
1t that time Of paying dividend of four per cent
In order to cancel the lien upon 345 600 of
land now held in trust for the payment Of the inter
est ON the full paid stock, and thus transfer the
proceeds of the said lands to the general interest
fund of the company. The resolution is 30 fol-
lows.- "
free tax, upon al the shares and can
ceed bonds scrip standing in the names OF holderson the
Sey Of July INST. payable on and ap,cr the LIST day Of
August upon all shares the calls which shall have
boon duly paid and that the dividend upon The full paid
stock ea be discharge Of the interests payable thereon
the LIST day Of January merit and payable surrender
q thecoupon issued thereon
The State of Indiana is in trouble again. The
Legislature adjourned without passing the appro-
priaton bills, in consequence of sqnabble be-
tween political parties. To save the State credit,
Hessrs. Wnslow, Lanier & Co. agreed to advance
the money necessary to pay the July interest
she State debt; but the State agent here-a Mr..
Walker-frustrated this effort by declining to let
Winslow n Lanier have list of the bondhoders
TO whom interest is due. The following letter
gives Mr. Walkers excuse for this extraordinary
proceeding
OsrIcE INDIANA STATE AGExcY,l
New YORK, June rs, 1868
Mesers wUsIow, LASrER & co..
GmTLEaYS-Your favor OF the oath inst has been
oeved and duly considered. In reply beg leave 10 say
that In common with every citizen OF Indiana am
oeedngy anxious that the creditors Of state shall be
promptly raid that which is due them The state has
amply provided for them ALL Her treasury is full and
her taxpayers will keep !. for every lawful demand.
All that needed IS that the Legislature shall have an
opportunity make the appropriations give the
cal officers Of the state authority dsburse the funds.
Hope correct as state in letter. that the
'reasons why the July interest on the funded
debt Of the State OF Indiana" viii be paid at that
the issues before the country upon them elected ma
ority OF democrats them in the Legislature
o. the state TO prevent the legislation demanded by
tie people the republican minority the House Of Repre-
seD2tives nstgatcd by Governor Morton ana in viola
tion Of their sworn duty, deserted their POSTS and left
that body without quorum 70 do business
by this revolutionary proceeding the approprating
moneys 70 dray the Of the state debt carry
on the benevolent Institutions aud % Keep up the state
prisons Jailed TO become law In consequence q this
there thousands Of creditors Of the State ut home
who su.er already for theif inst dues and as you men
ton the credit OF the state abroad also about to suffer
FOR the anticipated allure . meet the aocrung interest
and ready to make those appropriations net only
pay yourselves and the class OF creditors 10 whom
rotor but other creditors Tor larger amount, whose
Through you Governor Morton now ask. me on
The State, tue Law preseribes TO
operate with him and 70 furlish the records and ABILITIES
OF my oceor what purposef Not % facilitate the state
70 her interest o. T. aid 10 her pecunary resources
for the arrangement propose IA only transfer OF
portion Of the Indebtedness to other hands And
plainly state that you ask this not an individual about
10 buy and operate the certificates OF the state
business (and such reasonably entitled 10 inor
mation), but in Connection with Arrangements entered
upon lat the earnest solicitation Of Governor Morton and
other citizens or that State I"
Tor officer OF Indiana who has respect for his duy
70 himself and his state to becosa party TO Governor
hortons purpose in this scheme ~ impossible That
object s not 10 savc the credit 81 the state bot TO con
dnuc himself IN hts unlawful aud disastrous pur
pose TO override the constitution and the laws
U Indiana, 10 arrogaie 20 himself the functions OF
al the other departments of the state government and to
defiance the eopie and tho legislature Governor
Morton he rs faithful 10 the duties Of bis oce aud to
the legislature ana let them, they ~ill do hts
friends will remain at their posts appropriate the money
for the payment of tho demands az her creditors.
The prefers 70 rush into all sorts OF emporz
mg exped ents and shifts, bringing the good name and
snanea credit Of his state into bad repuie with every
holder hawker o. claims against her The honor and
Interest u Indiana require that her faithful servants and
friends shall withdraw counteuance from him IN his mad
career he does not need that creditors Al home
OF abroad should be called upon TO postpone their de-
maud, nor y NE other hand that individuals should
DC assed ,o advance money Tor her.
The party or parties who unnecessarily subject her Il
.ne Shame y such APPARENT confession " who 10
sanction a. being ncoessary Ia tact ony insult
honor her, Governor has his partisan pocs and
ss seihsn ambition Y momp, hun and will not lend |
myself 70 urne ance q his acts when are revolution.
cry and ruinous lie hiss ~ risbt after The reonc IN
Indiana havetaxed themselves and dIed their treasury
for The purpose u paying their deb,s sti m Ms obsn
sacy 70 ask them 20 accept ss favor advancement Of
funds from individuals 20 taye them tom h : noxer
with ut, therefore. Intending disei.ct ~ ~" sso.
mcn must decline % render assistance the oycrnor
N hs attempt carry ,1eSta,e government n sseacs
II law, and without that legislation whioh ha s,,r,o
Court has decided caSental ~ the premises. rfuly ya
J. G. wALktit, Agent o. tho state o. Indiana
We draw attention 70 ap advertisement Of Wash. |
fneton, Alexandria aud Georgetown Railway bonds
In another column.
The Buffalo and State Line dividend Is payable
lse August, NOS lat July.
The business of the sub.Treasury was rs follows
10 day
fecrirs 500 500 N
FOR customs 100 goo 90
fiyneuta 22t4 100 III