The New York herald., 1877-04-27


items tho validity OF which shall be thus erained and
shall be certified IN such form as the commission Or tho
alone shall be receivable for The commission should
mse%oy at is next regular session the precise
obligations OF doubtful validity clearly fraudulent.
with the specific acts testimony upon which their
soldated bonds outstanding with the nature OF the
cnrtes which they were issued h.vs been withheld by
Whit portion Of the public debt has been converted
funded the best Of information before
estimate The amount ye. 10 De- andea %, =" aaons
will require the issue ot ~ 5uWn OF consolidated bonds
is1I and the annual provided BY Tor the pay
OF the interest on the entire Consolidated debt has
been regularly iovied year. and the amount
pended should be In the treasury TO meet the
pIsI have NO to believe that any
as d Ssses ss debt no @ s n% ea na
tinucs provided by the existing ACT II wall be necessary
suggest your consideration the propriety OF innding
these a 10 s s sr 81 sas on "sw % N ae" yo
Judgment shall BIO equitable TO the state and to Its ere
dturs. III .
cannot too earnestly urse upon you The nc nscss @ o. re-
men the most economical scale nsten. with tue
offices whieh not only expen,ive but useless aud
others whc while necessary can be wel h,led or com com
only invite your attention 70 tns subject 70
which have greatly oppressed the energy ana
Of people but after the mos, rigid reameaon
schnois and 10 the the pubic acbt
ss"ysss snS s"f Ss % '
control OF government after the period ut which
can easily be paid ours is essentially an agricultural
Community pro harvested in the latter part
OF the sold In the earlier and the which has
always obtained calling for the In January and
February origin not IN the arbitrary will OF the
Legislature but the natural outgrowth OF our indus
The late political struggle has bccn
the hay. been
the not sufficiently advanced
10 enable the realize anything it, Every
available credit In the control oi the farmer
il uready applied to the rowing CROP ana the levy Ola tax
payabo caiiy day would seriously enbnra-s, not
only agrcultura but every other Interest o the state
The money In the country IL could only be raised
nv loans bankers or merchants. aud ~ Is
II could be raised even IN this way i Is
therefore incumbent while reducing the tax 70 ITS
minimum for It's collection nj such times aud In
.mc a. will tighten the burdens 81 the people rs
nch ns portion Of tho absolutely neccs-
sary could be called for IN June, and the residue which
snuJ be the larger portion October whom the ds
m part the will be available tor the
payment OF taxes.
STATE
While subject OF the finances, beg TO CAL your
notice 10 the bank OF TIVE Statc Tor this
tIon presents dncut problem. There Is widespread
heei that y con rabe amount af these bills viii he
foud missing the Treasury, having been rsssued ~
nlnce OF being cancelled destroyed IL Is well there
lore M this to consider whether or not these o
should be in payment OF taxes Before receiv
Inc them the rigid examination should D.
had with asr.rtaimlng the amount Tor whci
the clearly Liable and what portion is tainted WIZ
raud order that suitable provision mas DO made ~ s