Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1867-01-03
FINANCIAL Aeairs ian Hav1ua.

NEW DIRK, Jan. 2.-l1ayana letters da
ted Dec 26th state that the financial panic
has almost entirely abated. The Banco
Espagnol paid out the first day of the run
5000, 900 in gold, and then reduced its paw
ments TO S250,000 per day, in accordance
with authorization from the Captain Gen
eral All the banks except Bossier & Co,
had resumed payment; il was supposed the
latter was hopelessly insolvent.
Joseph A. Vosical, broker in Boston,
is reported to have failed, with liabilities
amounting to half million Of dollars. &
All ofthe hotels in Brighton, Massachu-
sets, had their liquors seized yesterday,
while party Of BOstonians were ont there
on a sleighing excursion.
A cable telegram says that the London
Times predicts that the new year viii be
one OF general peace.
The revenue and trade returns Of Great
Britain are very satisfactory, and indicate
that the Chancellor Of Excheqner will be
able to exhibit surplus revenue Of nearly
two hundred thousand pounds sterling.
Ohio Legislature I'm Extra Session.
CINCINNATI Jan. 1.-The Legislature
convened in extra session at Columbus at
10 o'clock to-day The Governors mes
sage Is quite lengthy and treats princi-
pally Of State affairs. The finances Of the
State are represented to be in a Aourishing
condition. The balance in the State trea-
sury on the 18th November was over one
million and twenty-one thousand dollars.
The total amount collected on tax duplicate
for the past year is over twenty-one mir
lions eight hundred and seventy thousand
dollars The State debt on the 9Th Of
November was twelve millions one hun
bred and twenty thousand dollars. The
commissioners of the sinking fund have
paid and discharged during the past year
over one million and ninety-seyen thousand
dollars and the payments TO be made by
them during the present month will reduce
the total debt TO little over eleven millions
three hundred and forty-one thousand dol
lars. During four years to come, five mil
lions eight hundeed and forty-four tho Isand
dollars the of debt will become payable, Blu
its discharge will require no additional
taxation. The total valuation of property
in the State subject to taxation in 1867 is
81 , LOG, POS, 900, equal to about one per cent.
on the whole outstanding State debt The
finances of the State were never in as IA
vorable condition az now, and the States
CItIlL III ilG hldThGL Is uUL SuTDdsSEu DIV
that Of any other State or government in
in the world. The benevolent institutions
of the State are represented to be in a good
condition, and are conducted with the
proper economy. The Governor says the
record Of Ohio soldiers enlisted during the
war has been completed, and he recon-
mends the propriety of following the ex-
ample of nearly all the other States in pub
fishing and making available to the world
the only complete and authentic evidence
of the patriotic efforts of the State in the
great national struggle.
In speaking of national affairs, the Gov
ernor says Of the constitutional amend
inert: Ii contains provisions which, in
the wisdom of the national legislation, are
necessary to secure permanent peace
throughout the country, and to correct the
most Palpable evils remaining in those
States which were lately in rebellion-eYils
which, without such correction, would en-
danger the national safety and be a lasting
source of irritation and strife. Several of
the States have already ratified the amend.
ment, but deeply regret that it has been
rejected by several of those whose ratifca-
ton woul do most TO make the measure the
promise and beginning of tina. full settle
ment of our internal discussions for which
we all long. | am not without hope that
a mature consideration and calm reflection
will convince even those who havereiected
the proposal, that Justice, right, and a wise
self-interest alike dictate a reconsideration
of the matter, and a different decision.