New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1867-12-20
IUTIT II. ---s-.. ---- =
Total payments of the ycar. -.
Cnsh balance. November 30. lse1

Cash balance, November 80, 1867. s572il 90
The Understanding debt Of the state after the lst ~
January will he S3,C0O0. and the uonintere, bearing
debt al the present time s791i2 70. The cash balance
Of the present fiscal year j. IN excess oi thai OF 1850
S3lO6 c.. As more Of the state debt natures unu
1875 there viii be large ai'. sulPu, lln. lne ~,
fund 10 be applied to H. dmuutiOn 10y paying mp Tue
surnuce companies with the tax % come In during
March April, MAY, and June, VIII probably make the
UTrse1 Wear n is worthy Of note that the state de-
posts now draw per cent, the matter being dscrcuon
from this Is larger than any year since 1853
The Board Of Fire Underwriters of this city adj
vanced their rates for insurance IN February 1861
by adding percentage on former rates At meet
ing held a few days ago this action was rescnded
leaving the rates the as they were before the
February advance.
The editor of The Bank Noio RcPofo says:
Financial schcmers have schcmed and are schemng
with perfect mania As q rule, the schemcrs scheme
financial scheme in fuIthcrancc OF taSr persona,
and one schemes of the thousand ana one schches vi
We are qualified To- scheme our own s.neno ~
scheiners We start of with three schemes. ,,. 49,
ScLeiac l. Let tho financial muchuc run another year
lust AS IL has been running the past year under the same
laws and the same management, ana ia the same duec
ton ANY new scheme viii aggIayate rather than ame
CRATE the evils II the times
$cieme 2 Abandon an attempts at specie payments
pass an act requiring the Secretary Of the Treasury TO
contract the currency S2i01-OO per annum uhlH the
total amount of paper money greehaSk.' hH.oa, , mo
ms country for 10 years. or unul paper ana god
shall come par with each ohcr by the natural action
OF commerce and trade. -,
SLenr3 Resume at once yather than SILVER OF through
months and years Of preparation We nave not pacls
of doubt of the ability of the Government TO resume ana
sustain specie payments nor have We any d0ub at re-
sumption would carry with II less trouble than eteh
three months Of preparation such a. we nave had dulH
The pa,t wear The resumption should be IN TINS manner
AT the Treasury this city pay gold for greenbacSs ana
let rcenbacks legally discharge all debts and demands OF
the Goycrnment banks, and individuals. Whenever inc
gold m the Treasury shall fan below S5O0OoCO thcn DOT
Row gold on Treasury Notes Temporary Loan Certin
cotes m the same manner borrowing was done III
specicpayng times. Under this arrangement me green
back currency will be held In preference 10 goa Dy az
the people and the banks. Even on the racine coast
greenbacks Will be little better than gold III would DC
VOL 10 xpect decline in the amount OF paper currency
Inn the chances that the decline viii stop before sV
100000 are redeemed The shortest ROAD anu sufest 70
safe 10 say that this scheme will add TO the currency ~
for every dollar that il takes from H. and ID threem months
after RESUMPTION this fact will be admitted by the schem
ers against resumption. Scening eXpansOnhts should
be resumption advocates, aud wonldbe snch they uh
ton.