Oxford Democrat. [volume] (Paris, Me.) 1833-1933, 1864-01-15
PARIS, ME-, FRIDAY, JANUARY Is. 1854.

NfeNtr oi t4c Lrritlature O. create a Sat
debt. thar oxcrp; Tor var purposes. tbs en-
tire extent oi in1e5te,laess which could b.
legally authorized. would not reach A.
amount 50 iarse as - b. an oppressive bar
den for Our citizeas % paw bv taSaiioa IN
aringir wear For ~ar Purposes there d,
no lImst on the authority % hire.
TIE demands Of he present confic, have
largely swell.i the eNpcn1iturcs - the
STATE. ani coaseI Igcu,iy its debt. bat these
haze ocas met by the people without
gradsing Or complaint. o. the FIRST DAY
of January. 1868. the funded debt % tbe
state was one million four hunircd and
scvcntv-tso Thousand dollars. increased on
tAe lst % January. iS6f. o. two million
four hunlrcd Aad twenty-five thousanI dol
ar. Tbs in-r-Rso Was causeI bv pav-
mcnt ~ boun;ies % soldiers. and the aid
advaace IN lsbt % their families. Daring
that year the Executive. upon tle calls Of
the President o' the United States for more
Folnntecrs. no ie-al provision having bcea
made FOR the contin -eucy. offered certain
ppuntl-s O. facilitate eniistmcnts rnc
nsnSs 90 the STATE. az the request % the
'foFernor. realllv en-aged O. furnish tac
necessary funds relying SOLELY on the good
'aith % tne i.egisiatlrc 90 repay. % the
lrst dav Of March last. these alvanc@s With
the interest amounted % SBG8. .22f. -. Ia
ti- SANE year (l-1e) The amount dishurs-
Fl by the municipal agthorities a. al %
the families Of soldiers. aud under th. law
chargcAb.e 90 the STATE in 1905. reached
-2jl. -, -, making for these tEo item.
$40. 1880. f1r the payment ~ vhich and
other var purposes loan Of so. .OlJ was
authorized
On the frs; of March last. The Treasurer.
un der thai authority negotiated the bonds
oi tle state for $1,000 which produced
800. .3,s.~>. being a premium of S14.-
'-f.~> on the bond. sold. a ,aiuablc aud
substantial tribute % the integrity. pra.
dcncc aud ski. SitA which the hnano,s Of
Name have beca uanag-d. To f4rnish
means Tor payment ct the b0uuties ordered
by the L--isiatu-r % 1855 O. soldiers
drt'tHi un.i 'hr tons-ripfion A. snorh-
er istn o, -''.'' aas aath1-.z-A. CA
The fifteenth lay 0f August last. the Treas
urer. o. meet fhe calls on that account. ne
gotiated bonds % the amount % St.6. OBJ.
which yicideI SJlj. .I3I -. beia, a p--mi-
um Of -. ISL. At the dats of this l..t
sac, the United States J-1O bo1Is. th, IN
tercsi payable IN gold and selling Al par.
became very popular investment. vet
your own stocSs even by the side OF these
commanded the very haais0aas premium
namel
This i the explanation - the increase of
the State debt the past wear. being 500
''D irss than the loans. in Consequence of
thc paymeat of that slu 1n that portion 81
the former pI5iic debt which maturci dl-
ung the wear.
10 provide f0r che paynient ~ the inter
- al the Pnbhc dcut aud. an some part for
tlc other extraordinary char-cs of thc GOV
crnmcnt. the Legislature 81 Z ~65 incrca-eI
the state Tax of that wear by the al lition
of a mill on tie dollar of valuation % the
tar of tue previous one. Ia conscuuencr
90 thls enlargement. ani by tle aid Of the
payments from che Land OH-r. there will
probably rcmaIn. after deluctin- thc sums
nsetlful O. carry on The government q tie
state for the wear l~54. meeting thc orl.-
nafy asPan.as sd .he interest III the debt
- % stands to-dav. the slla of riul. .u.v1. o.
De- applied o. the hI4iiati0a of thc Habiiitv
90 the state O. THE eitirs and towns f1r al
furnished the families 0f soldiers in i-.iB.
leaving. hoEcscr. large balance still doe
tlcm to h~ otherwise provided. Niat that
balance vii be raanot De- precisely kaouu
uutu the returns arr made from au fia
which wiil be- at an earlv dav.
Oi tbc ha.t-uIhon loan of the 10th ~
August ihst. ior thc payment of b1untics
t.ere renamed u1-Nrsr.i-I two lrr l-.I
ami twenty-five thul.anI four hundred AMI
thirtv-fye dollars t-yz2. 4..J o-ll. and
vhatescr sgm may b. demanicI LrsorI
that. to meet the calls of existing laws f.r
thar purpose. or .lch further laws a. nav
De- made. % will be nec~s,a-v t0 resort %
the credit Cf ihe state.
While fotb i..fl-. al r.-...,,, .,...
rel Is fo i1.-.s.. r-., 49,. ,.t....-. i.
succeaI us ia tbe a|sar-i-.. .....-.t,..-,.
portion Of tba b4-4.r. .-f t1.. ..-.-f.... -
uiien uc a-e e-r.-e.l .b,-ir. g.. .i.., ,,,ft
t.e benefits of fr.. ,1se--.r.rf 80 49,.
maintsiaen.e % rIif. -.r.r tI... f,.... ID ~.
ea-fL se are nov .tr.-..iln-. rot ..,l, f.-