Clarksville chronicle. (Clarksville, Tenn.) 186?-1872, 1868-10-09


stead of being paid, would be more
than donhle and would largely OK.
coed five thousand millionsof dollars.
The monthly increase of that debt for
four months was at the rate of eight
millions seven hundred thousand per
month, andin August was upwards Of
twelve millions. This increase, 1t
1t should be noted, Is during thegreat
quarter when the average rate of rev.
enue from imports exceed about one
third the rate for the fiscal year.
But this table exhibits a still more
alarming fact. 1t IL, that while the
debt bearing interest i'm currency had
decreased on. the 31st of August last
Sc, 299, 407 % from the 31st of March,
1865, the debt bearing interest In coin
had nearly doubled, having increased
on the 3lst of August last, 800, 6l3,05
0S since the 31st of March, 1865; thus,
on the 30th of April, 1865, the annual
interest payable in coin was only
500, 97S, Az, whileo on the 3lst of August
last the annual coin interest had
reached S123, 573, S21, the increase of
annual interest being $50, COS, 200.
[ Now the total annual interest In
coin and currency as shown by the
table is S102, S36, 53l on the 31st March
1865, and Sl27, 94S,611 on the 31st of
August last, showing an increase In
the annual interest payable in coin
and currency on the 31st of August
last of S25, 1l2,0S0.
But this, as shown by the table Is,
not not only real increase thus we have
seen that whilst on the 30th of April
'65, the annual currency interest was
$45, III, 1885,, it had fallen on the 3lst
of August last to S4,374 $50, whilst
the annual coin interest had increased
nearly sixty millions dollars.
The account would then stand thus
on the 30th of April, 1868: coin inter-
est converted into currency, SOB, 49,
4S1; currency interest at that date,
$45, 127, 936; total annual interest in
currency, $l3S, 726, ALI. On the 3lst
August, 1868: coin interest converted
into currency, $3.50, All, 9S6; actual cur
rency interest, S4,374, 800. Currency
interest, 31st August, 1868, 1854, 1922
916; currency interest after the close
of the war, Both April, 1865, $l3S, 1885,
All; increased interest 31st August,
1868, SIG, 05S, $50. Thus we see That
since the close of the war the annual
interest of the public debt has in
creased upward of 100000. This
increase in the annual interest would
represent q principal sum exceeding
50,0O0,000.
MEMPHIS, Oct. 5.-About four
thousand stand of arms arrived here
this morning on the Belle Memphis,
from st. Louis, consigned to f.. G..
EclIson, Little Rock. 1t Is alleged
they are for arming the negroes in
that State. AS the military authOri-
ties know nothing of them, there is
considerable excitement and indigna-
ton among the citizens here. All
the White and Arkansas river
boats refuse to take them on any
terms. They are consequently left
OH the lcvee.
PITTsBURG, Oct. 5.-The Demo-
Gratis held an immense meeting here
to-day. Preparations were made on
II large scale, no effort being spared
to make the greatest denomination
ever seen in Western Pennsylvania.
The day was fair and beautiful. Del
egations from the county were nu-
merous, and the large procession was
two hours and ten minutes i'm passing
a given point. The business houses
along the various portions of the route
were profusely decorated with flags,
Chinese lanterns, &c. Among the
distinguished speakers present are
' Hons. George II. Pei6lleton, Hester
Climcr, Edgar Cowan, and others.
The torchlight procession tonight
is q grand affair. The streets along
the line of theproccssion are thronged
brilliantly Illuminated.
SALEM, Oct. 5.-The anti-Butlcl
Republican Massachusetts Convcn-
ton to-day nominated Richard III
Dana, Jr., for Congress by acclama-
ton. Mr.. Dana has accepted the
nomination.
NEW YORK, Oct. 5.-W. f. Richie,
formerly editor of the Richmond En-
quirer, died on Friday in Baltimore OF
heart disease.
MEMPHIS, Oct. 6.-Gen. Gordon
Granger arrived last night, and will
establish the headquarters of the De
partment of the Cumberland in this
city.
The arms destined for Arkansas, i'm
consequence of tho refusal of all
steamboats, to take them, have been
stored here to await on ers from Little
Rock