The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-06-30


preseh. fssE 90
eight thous. =
miles, and cont.
habitauts. OF the x IRIS
but those Of Rome and e. @3s We
veetri and part Of FrosnG =, va
seen that the Pope has lost som. two Dc
his former patrimony
The Last Official report Of the Ministe. u Finances
p r nee September, 1885, and covers the
From this document II appears that the expenses Of
government fo' that year amounted about $40 EOS
whereas is revenue was about S. 1877 24l thus
In mind that the aPeasrnenccH 70 10 ne ,arnn ,r,n
account In 1851 II YIELDED So $50, 7s5, and togeth
with some other sources OF revenue not on
iqudaed the deficit above Mentioned but left surpD
The budget Of ls84-5 was est,na,ed =, vary lita<
that OF 1851, and was calculated Mat two-frths
deact would b. covered by the proceeds of Peter- IL
me Roman debt was given on Jan AIRY l. 1872
and In 1855 at about STA 100, 0O0 aid bears I'M '
I'VE per centu per annam payable semi annas n
this debt about fve-sxteenLhs would be tho shan -,
Pope's present dominions, the balance Of cous hs
ing upon tho States that have been TO u Is
dom Of Italy The debt Is chiefly held in Frat Ap
BelgIum and 10 an onerous one owing 70 the iacv Nm
the Roman PontiT stu continues to pay the intere
upon the whole debt Of his former doninnns, althouf
receiving revenue from over twn-th,rds Of them
efforts made To settle the question Of the mpon
King Victor Emanuel Of his share OF this debt W.
brought TO an unsuccessful issue last year and all relation
between the Pope and the government of Italy ha,
not since been renewed. The Pope ref recognise
the zht Of Victor Emanuel to the annexeI
pos'hSsSs tHet rfstOfe exfieu DisnO
and refusing To acceds TO the that all neil
bishops In these provinces take an oath Of allegiance
the new sovereign. Negotiations, however, have besi
opened on the part Of France with Italy, for the puposj
OF settling the que on relating TO the Papa deb
And to insure the asury OF On Roman compile
Independence during these negotiations the govern mer
Of Plus TX ordered 1lth OF April 1885, the negotls
ton OF twenty years loanamouniing TO &l2 600 00(
a. i've per cent inter st. payable semi annually, th
LIST 81 April and LIST Of October The American porto
Of this ssuc amounts to 000 and the nrst coupon
viii fall due April l, 1851.
The bonds are payable TO bearer OF I'VE hundre
francs or one hundred dollars lin god and the coupon
are made payable In Paris New York. Philadelphia an
Now Orleans at the current Of exchange The bond
are offered at sixty six cents In the dollar In gold and
VIII yield over seven and half per cont interest Thu
ent for America s Mr.. Rob 1T Murphy. Al the tim
when war was first brnted In Europe this spring. th
ropean issue OF these bonds being negotiated II
eghtyfour; but as the cloud thckened and broush
down Italian securities from about sixty oight thir
M, and almost all other Europesn rtes In hk
manner il decided to issue this American loan
sixty-six. Tho punctuaity OF the Papal gsvernI
ment In paying Its interest and meeting all err
gagements has always kept Roman securttit I
high on the stock list and second only q
British cousos Whatever may be the result OF pre-
sent complications In Europe, II Ii confidently crtsd
that the Catholics OF this country, we'll shosN the
ret Of the world, win freely come 70 the aid of w.
Pope
The bonds neatly executed in Italian on ono side
ana French on the othcr and under the seal Of the
Pope Mr. Murphy ID at present making direct Appeals
to the Catholic clcrpy Of tho United States ae CsnadsJ
and for the few days which he he's thus far OoApied IS
bringing the Roman loon before the American public hs
has en- quite successful Il Ia hS desire 70 have TIE
Archbishops and Bishops head tho lists