Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1870-01-13
NUMBER 2.


three-fourths Of mill on the dollar by
the valuation of 1860. OF this debt
SS00.oo0 falls due in 1871. The sink
Ing fund with the collections from the
general government applied to extia-
euiSh this debt. already amounts 10
e972 $50. SO that we are already Sl12.-
$50. in advance of our liabilities in 1871.
and at the present rate Of increase we
shall be $500. 500 ahend.
Our whole public debt January lst.
1870. including the civil and the war
debt. and the municipal reimbursement
loan is as, 100. 900. Notwithstanding
the heavy drain on the Treasury last
wear. expenditures have been so econo
mized and cut short that the loan au-
thorized to meet cnrr. Mt expenses has
not been rcsoried to. nor have even the
appropriations been exhausted. II j.
estimated that with all that NAV reason
ably be contemplated. the rate of taxa
ton this wear will fall somewhat short
of the last. Still. we should not refuse
any reasonable appropriation. ltwould
he poor economy to refuse to expend
anv m pnev ill our debts are paid.
The rem lrkable AZURE of our fl
nances thi> wear is the assumption bv
ile - we VI Il pbAI" W NV WI
nehses 81 towns. rms l. hhahe ~ inc
IA of 500 tor every three wears man
aciuailN furnished Tor the war Aiier
~ AMI ihnrpl9h examination "i me
most fahgicd ahn Pe'l.eAt"e ma
'iie s'in ~ ~ ''','i y "''l'
me rem pur-e",.n, na,e nov III "iV
thclf report. which VII " .'u''" :"
cph'alh curious ni''"rr ~ n-'"'' III
a,-I tl,..p "a n tttrst Inn N
W"ara = tiF lme'h'" ~ '"'''',"'he 'i'h
ihr nc war. neN a"'uuge me sum Oh
81 'S.ls9.9o, ne 'ac ION" PARIS &"
Fioy requ teu 10 nc pau ~ a'ienca T., ~
TINS distribution "inohn' l 5000
For he resi-. VIZ. So'uct'h" poha>- "'
me ~ ear ~" rrahN l'r ,eIne Dear
lh@ iilelt>t '''ii 'c'''''c' l. i'u': III nv
rae 81 SIX rcr cent pa.ap seiil-aitlh
ailN 10 pfN'ine '"f ms interest aha
the ra'rahie poriioh 81 me eihhlng iuhu
required 10 eAlh2al.h ms oeDt' You
VIII need TO assess The sum oil about
Seo.VV7.
II would serve a. protection against
los or robbery. II You Were 20 provide
Tor the reg >'iaii"n oi thr.e bonds as
the hoidrr- ini9hi desire. II portion
oi inns ioah mas It's way 10 iha1 kel
There l. no reason - appichehd >eil-
ou> depreciation. ndcr the late string
encN Willch :" >e'rreiN lesleu ali bonded
securities. ours Tell on not more ilan
or ! per cent. from par. When we CON
slider ale" the much higher rates of IN
tefeSi ohe'''' ot oii'cr Nc"il'hs WHICH
moo" 'iD ni'' N.Y. We '"'i'"' ou' con
E-i go ''' go w. t''o pun VIZ
r. i;"I>;i:.; 'I.;i. -
i"'',, ~ ~. o.a' ~, - ~
'"' ~ ""' VI '"' 80 nav '"'t "
',
- wv
IA" " ''"' go
iii iiiii,' ''iH' ny y, 80 H"' ~
se". MAJ vast" anu i">'- ~ },
ny 'Ase =. iionoi any " l'''t'', y n"pti'-
"'',' :. ma -. ~ ''i, q
'oiioo'i'loi. !" l"oS' "i'o ""Vii on 'A'
n'"ie '"e' UNI ""I ~
''iu' nie"' ny ma " ''''''i'" IA
iiio'o "i'.' ia. 'i"e - "i"''''
- =
WI
The report oil The Examiner OF Bank :
and Insurance Companies VIII sn.@c>i
matters OF unusual importance. II VIII
he seen tlat oDr o.d baihs under the
State charier are nearly extinct. The
policy OF the Government l. hostile.
ana we ~liIl lFoodoIH nav 4" ~ aDalIdoll
the system.
Inc recommendation OF TAX I" he
lald upon i"iclgli insurance COMPANIES
DONG business IN the state. fu!lk ap-
prove.
Those who are interested in the con-
dilion OF Gu people. will not be- content
10 estimate the prosperity ot the : ale
from the operations OF capitalists aud
The balance o: trade They will also
look upon the great IN isspe and see ii
they can live upon iheii daily lahor: I"
what use they pat their earnings. aud
io what advantage their small saving
There YOU can best discover whe hen
Won are rightly solving the problem ot
political economy, or realizing thc Obj
iccts Of society. There are HOW 81 >ay
ings banks ~ NJ iinr->,N'rI having
i,c"n r'ccnlN Chartered M What ",
,rish call cur country tow h>-lhe chlc
apprehension ~ regard I" whlch ! ilai
tlicN MAY mol Ice abe |" Anoid :, III irh'
security agaih-i r"bhert- III II 4
howcvcr hoped thck VIII IN some wa,
~ Other m"Nide l"r. Deposits a ih'
cla-c.o lie la>i wear amounted 10 sln.
s:i9.@aa To- about i".'hA' d"nnSIi"rs. mak
ing IN ;N'r &c 81 sonei over So
-.sh. Al lnirns'Ihe c,inliaii'on j
ia~D ~ ne i.-ri Ilai ne anio unI Il a.
:. u a. stnle gains, l. aic'dN mole THAI
mi'i.op aud a quarter lais" tl'an ih'
aggregate c"riial ~ all our banks y
i.>uc. SAFE AID National. a. d icail,
tive and ti':er-quaier- millions large
ah tie Whole oi OFF i@'i.ded lub'l'
dcbi
wo objections are sometime 'si-e'
- he present operation, OF our SAVING
hat &. fIisf- that They are "x'in''c'
from ta.aii'n second. iiiai meh /"
cnm'ai i'lHce Large sum here =" "Nal
them- ives oi ihi- hhihahii.' n L,
ne ia>i q ii'r-e oDlre i'"-' 80 az a