Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1877-07-09
Tie Public DEBT.
pETERsTrPGE JuIof

" w! -'IRIEtEi 81, thHIIyttc GOA .!.yH:f, "
Sly dear Sir II am this moment in RECEIPT ..
your favor Of the 81 instant
AT The request OF many citizens you ask M
position on the public debt During the ps:,
few months ! have frequently been interrogs.et
upon that subjec: By gentlemen in various pa:
OF Virgins, and to all such inquiries l hs7o
replied, IN conversation and by letter, il tern:
substantially the same as now address to y1:.
Now thst the dissolution OF the rsdcsl par.v
hiss released the people Of Virgins iron! tn
control Of an urgent apprehension, Gid they g.:
free 10 turn their attention t. those questions l.
which sll citizens g! the State have u C5mlurr
concern, there seems no suffice. which Gcmsn,
more prompt and careful consideration tAa. IL.
Of the public debt, and there i. none 3. - Wa.,.
nv COW ictions arc more settled Sul prunovnCsE
The Funding bill of ISL ~. = gricyoI- RI.
take and subsequent events have only seea.r!
10 confirm the diStastc snd apprehension ".
which then regarded shs. measure. | VOC
not presume to question Tie motive: c: { ..a
who designed and promoted lhst nn:ottgnA..
scheme but II is we'll 10 rcmcmbo- t!la. the g..
TnatcS on which It's provisions we're bs.ci la.
proven 10 be incorrect: tina. homes. !Gca 1a...
mlsca!cu!ateJ the luneiiAie ASSET IF lii" $i7..
snd that her resources Of future rcTcaun No.
largely Overdrswn. 10 these mistake, tue ..,.
healthy PROSPERITY at!cnd.n. upo'. lhr :u!l~.
resctlon, after period Of war. IT ali iGiu.l..~.
largely Contributed, aUd IL arlus.Vr prra.....
were blindly relied on 10 cary s debt, the s..
nual demands Of which were uu. O: ~! pore.
ton TO the real and reasonable capabilities ii .
people The theory Of this SGT Vas .Bs. =: -,
existing rate Of tsxtsti"n (t:en. now, H.,
cents upon tho one hundred dollar the r,.,.
nues would be amply suiiiClcn. L. Iclcay tie &C.,
pOnses Of the government, and - regularly IIr:
the intercs. on tho debt RECON: ! - is prvG.
sions. Blu: wins! are tho fac :, We've! in -"
| light Of to-day?
The truth is that tho dct. Intended L. b. n
sumed By the Funding bill &c thirty millions {,
dollars nm cunts. cyclu=vc 4" s--rA.agcs IL lutr..
est TO thirty-six millions. Tho truth i: tia.
since the Funding bill went into "pcrs!I,n, who.
there WAS in the treasurySl ~ 90 in Cssh, tho.
remains Of interest, pas tu. SD uupsI!, D..
round numbers So AU y q; Viii" here rs CA.
valid and pressing cisims asaH:. The tc's- -
amounting 20 over four LUnd!2. :a,l.1nI j..
lars more than the c.sL Oh ha3! WHILE, ~ e
| dlion 10 this, over four hundred th"U:snt g..
| lars Of tho fund spccI!es!y ST spsr, - g.
Constitution fpr the msrtclIsrC" .! Ia. Ir..,..
shoots hsve been used 10 :! rat tha Gov"sHm",,
and this sum reInsins As n chsEgr .,ss,, g.
| treasury, certainly c1usi III dignity" ~ =a.
| Of The hondnoider:. The t.ulA Is .A.. -" .
tusl debt including the accmInUis.IoI, ~ Ia..-,,
Gow aggregates, over Sll ,u"Hu. -! 80. it'
increase Of the dab. has bccn ~ IL" nvarst" -.
| FOSSIL, wv per xrnum slncc the tULs.nt h..
| took edecl. The truth i, tha. accepting ="
| Auditors cs!ilnstcs q: tia. revenue: y; ! -.
| co. when the average revenue IN: the "a. s..
ycars hiss been uaiy - IS h -! g.. a,l..s
| his estimates Of $4,000 10 eApen;'> %, :.
| Government, sud taking TIC spp-"p;ls!.'-
| the schools at $4i5,Utt t.hc AI!i:nrs s....
there will be lei. Sl.21u.pb, :, nee: M la:"-'.
account o! j., ltOuu. !tlA. Interest l.-
| count Of the Sinking Flni lie d.. :: ~:
| deficit v ii still alnUiLt L cD.ltnb
| In this stste ul The case, WHEN Ia" "r!'.
stesd oil b,lag pad, is A1nna!iy In"r">;"l "o.
| ono Glass 81 lle pablo c:cii.':- F"2"'Sc' a'..
| 49,, / fl,,.
IS deserving is dismissed without = i.:.hi...
| y l. IN the heart e. :u3 p1o:'i" j bang '.-"
| crushed on: by the accumulation q. a-r....
| when Industry is i.a-aly@e! ia = Gr@S''t
| :ct.ic!urlI. rrtAit "a v1,I"' rcL;'." IL. :. Q.
| Of the case is Il H.. S''!os!:e": = ....
| tAa, u continue IN tr: present p...'. 90. ....
| must inevitably leai :" he l"st5ti,.... ..
S,e,r sal - the los br TIC creditors ,l :. ...
| they have. invested IL TIE hrHls 81 !,
| The c"n,lu.S! pltligg ':p 81 ,!rh.5 t." u
provision y maIa c.a only hF' =, .t..... go.
painfal conclusion w&1'h g.: yo,l ,:..... .
ANXIOUS I" avert Nl?s'%ta =, H,~ "a rr-rs.
| Repatriation, sad "AN2 '..5 s5.,.aa ,..,.,..
.hs: something can AMI .a..s: l.. ,!1lrt,,,.,...
| obligations app" :a"' .ac. D.:.., ~ c..a e. g..
| Commonwealth. 81 extinction %! -. -. ... ...
- The c7e!..o7 " T.. como. al t:.a: ere .,..-
Il the 'iIn; = :" remain n =; present -"ai
So =" l""+ -" "ay q. "NtrnH:' .! ..'''u ''~-e
| !lh.H.uc-. 'i;a .iLui: q. :',r.u.e -, '...
l
| .a>de,! Their. 49,. sc.;ica!"rI r...yr-, s....!
10 ',':i"r -: IA" 't-t~, nd va, i'-..'.., ;''
IT.. - G1s. ~! tbs. tn .,.a!,aE Til H..''.
90" t"il dior, ;.,'.-' ,..s.....- IT, .'1...
81 i"Ii'Fi'i:."!'' i': i"H; 80 -, 30
:,I:;" ~" Unequal ~ so'c:s' """I."! go"
| I".'s;s :" Tag s""!,''. al -" '.''"...~-..
| tEs '""". ''einri.s.. 80. 80 bond" o..
| !"at "i'!S ii!".h'": 80 S!S.'t!..'. 10.
| : = iA'fra-" IT," H.: !"A:.-" q. = ,,H.. a. B"
| '"'u:s les. -'H' = * "!.''' -'''' -.
81 I'm th' i''f'' '"'''. Ill ''.'...,.'' -
tI"h - NC !"'I A'!ra"S 'H'i.9'I 49,"
y" heS's'H.n7e nA- "r''' ,.'', u, - ..' -.
s:'u' '''h - me $50 "''''h Ill" '..- '.'.''
%t;, ~ ri':r"as'' ,'!'.' 49, '.,,''
t W '.t'S''."r"'S, - 49,
| 49, So - 80 .,I''
| ION 10" rH"i''' WIZ W. .'N' va
h - i';' 'He! ~ 49, 'tH',', 49, ,'N ...
w., ,, .s.ei'"'i,''-aI , 49,
I-;I..,r. r'.,,;,..r ,,." No. 49,! '..
,L.n la 60 ;,.,,,'',,,,'L ...'.:' ;.''.
Attrm,,,. ,,zyr i.,..a ,,,.,I,. :. pthi' .,".s.'
| n .,ti,r, ~: .:uc,.n.s,y, s".'e ;.' 1.-.'..
n,ynr.-nr:.'y. isn"rni, H'a"3*. H'
n ~, H,.,o Er.,r - c".,;se -" '"''.'~'
~ Inc G'su, hTT'S III! has h.~a "e1.'-.
ss"!rl =! tc" 81! J. c.s Of l.Iia:l.,. g.. .-.-.-
sNe HS'e o"r!' "eSa effort: t4a: -" '"..
not The ;;p'i:. ,t ciA,: les.:.a:iS1 Ia a-..
..odLc@I u ,ou ,l.r s.a.u;c.,.,,. 81. ;... ....