New Orleans daily crescent., 1866-11-15

Gov. Jenkins, in lis message to the legislature Of
Georgia. furnishes the following information re-
lative to the Indebtedness of that State
When all the bonds authorized by the act OF the
general assembly, approved 18th of March, l8G6,
Except those intended forgthe consumption OF the
federal taX.) shall have been disposed Of as con. |
templated, the funded debt of the State Will stand
thus:
Ponds issued anterior to 1861 and not yet 81
Mortgage issued in 1875 above mentioned 303lUO
Bonus issued to the Atlantic and Gulf Railroad in
Total )t
| OF this amount $l76, 800 will mature in 1868;
$3G4 500 in 1869; $l64 500 in 1870, making total
of $G75 500. The latter sum, therefore, must be
provided for within four years from this time.
| recommend that the bonds before mentioned, pre-
pared to meet the federal tax, but as yet unexe
cuted, be placed at the disposal Of the governor,
with authority to use them as occasion may be
presented, by sale or exchange, if deemed ad-
vIsable, in redemption Of the bonds to mature in
and before the year 1870. The public debt Will
not thus be increased in amount, and may be
somewhat diminished.
Bonds amounting to $l54,0BO Will mature IN
1871, and others amounting to $72l 800 in 1872,
the aggregate being $875 800 to be provided for
in six years.
To meet this and subsequent accrung liabili-
! ties | recommend that the sum Of $4,000 be
annually set apart as sinking fund accumu-
: lative.
If the first cl ss Of bonds Ito mature within four
I years) be provided for in the manner suggested
II ana tie sihhlmS luia pTopoAed " aIioMeu " az
+ cumuate until ls72 at per cent. interest,it it viii
G be adequate 10 the payment Of the bonds rnatur
ing in ls7l and 1872. But, if in the then existing
Q financial condition Of the State, it should be
eei1e4 aIlyts999 I " 9S'1 70 %
:, lapillleS Oh l9iL anu lNl- ~ SUI " ltl ~ SNN
i stock in the Atlantic and Gulf Railroad, or by ap
= plying any otAeI resource aFaAp4e az tI@u t44
= aud permit t4e slnk.4g i0'iG 40 70 20 Oh AZ L
= ln8i vu9 et!llle UggY u. W. W. 2o.G 10y III '' II
2 credit maiatained
me SlhcthlaI liHHtJLg ot @Lol'4ay saJ VI. o
s An INCREASED qei4aha i9f llgHey va - p r.
1t LIehceu Dy n!osI VI w oHh2 Eo,If No. @ ''s ti
}r coUt1 ; Ll | ny - olNii5 ~ ff;,,, r
N t nt cases coSfGnct Their after
lf t, * Ist,si,dra Patea of interest are firm a
r sl5 nar nent for frsf.class paper, and II be
o. oent ~ f,r GOOD coron1erciaI bills Exchange
n Leayv fhn sHr,aIv bear considerably in excess
i'd ~ fi di,,iij ro+as arc Irrnrrul9r The banker
ID are Jill II ost cases 0liowinr den0sitors pa
ID fSt ,a jariina IN raceive II at betfar than 50C
0. ner si000 Of and others, at the close refused
iy nay mara tban 1-1O discount The sales Wer
j, bnHTr III 10r nv s1OO0 nreril1rn hit cheeks fo
9, rnnnd SIMS we're in several instances. down
s, tor
j. M, rr.4a, -,:t,,, - ,ro,,,7o,, .o,,s
", 1Ie ~ oLtGH5o 1laGu.iS \, 4 IJiuJ ~ ~ ~ ,.
a. alte 4loHsS NJ. n - ~ 7sd 1
G4 lltlve aGS.' g. - 9Isu"J UirH,"5 TL ~
Bi fehGy suo"s S!E4S Vi aGtuiliul"Llon' m er hit50
a @ ItsV nar 9 ssed o The dsnlar
ie" feneWalS are p5lHs asheu 10 If9 u1Lliat NO
,e on pork account Is !ght as very teW o. the pac
i'd ers nave c9niIeLceu cuttits' oL 5iSih %GGo'
be tue GelAdu u atSe, pUV the ulsooltU
lal cohSldefaIe ana clo7ei5 sctuel'ng az 9o1L ot
nd ing, as ti4ey nave ~ 6eslie W enCo"ia5 SPS
100 ton at the present inflated Vat9es. fflthe pap
9i: IS Feaaly taheA az Ie current pahh tate, ~ :
Ice cent OUTSIDE signatures are he8oCiateu III I Y
at open market at l2sglo PER cent. RE- a4hnL5'
ms cordlng 10 the nature oi lAe secUltgS on9Feu al
itb the standing of the applicants. Cali Ioa9s on &c
ernments are nominal at . per cent MQft5d
rn loans range from 8IGl0 per cent.
T--l-- Tpf lr-s-rt- r