, 1877-09-05

rota, bonded debt. .G45 ,o
The circular makes ths following remarks upan
the stnt,i4 Of tho debt under Tic prDpHted
State Constitution, which deserve special a'tention
aa shown. the rigorous restriction, bY which Tue
Ananccs Of tIc S.atv will oc guarded unsf the
condition Of Things:
The ahnse Ii ,orreet list at frarga's hondta
trhl the new con.tttAtton. which will un d"nbt
hc adopted on the 5th Of Deeembrr, 1s77. ~. Tho
"I at ira, s. E,' Go 3t shsl. when aold. 10 a.rd T.
pay shc, stase :!tbt. rhls gives the holders q
t;roryia bends t!en on this prnocrty under this
n". nst tho y. ysns ,ss t9sT tho
T., t., !.ssss x a;s :s"4ss .s e f. :S ;es,
.aa T s.o BE- az .'t s q ny asS ss es ,:a s:
81 psp'Ie i.1 I'LL. or. stats asss can 3 rsas Nc
h",s.l. % to renew present lndebtedness il .iiawrj
hat III" ntHsr power ~ = ts.ns bGnd* 10 anth"tixs1:
vii s"o% . il: !c to ali rst cent bold. .. paf 10
Inccs her falling due bnn!s. SIZE owns Tho Wrss-
srn lans Ras!tosd i:ts ntlrs =" ~, ,nn: ana now
a.rI toc o1. IT, sH".d
shout ltA m,tcs lung. And now taylny sou,r!h'ng
ths new C,H.,isa.l"n. iii ire and IFS Insurance
runpan,es .ha aerisft s', 00n tn 3lt0, 0o0 IN the
stn.c., ~ course tlis deposit will oo mostly Of
State ho1Ar.
This :pay. as-ynu. 90" policy will In very few
years mako Georgia cne Of the richctt States Ia
tho Cmlun. It Is even bctcr than that OF cur own
STATE, which permits m Indebtedness equA! TO Q
rcs cent Of the taxabla property Of the county or
tho municipality that proposes to xonturo apon
nty.tcrn Of debt. making. In Ibis connection
MI. rooxBs' splcT OPINION or WALL STREET
viii bc read with ln,etrst. This Atlanta tUa.l
Euattus4tiph pr.n.s an authorized and revised ro-
nort Of tho aprect In fayUr pf Tbs Cunstttutuh
uft;rY,-ia which Robert r0n!nhs delivered In thst
city on Friday, Aug. - III 1t hc said, II there
reported: ..........- ...--..
Ne na,e sird up lhc 1csfs1stare snA ssopped tho
yotn: ~ ndotrcMents and st,o gsy,ns away ot thu
lou. 10 trc slatc. 10 far ~ .hc pa9l { debt Is
eaiae. VIC don't owe a uulIsr Ut that Iuot which
las Lceu declared fraudulent ! WA optote! .
:asae s ' feIoa. Who p1cyel upon IL sftcr The waf
aan4 nv .Is sse" wsnt With thsa ,,s whsn a
nicn. it lint u repudlatlen, a,a one of The re-
luce i ii, .strecs people ssy ths, VI, shat Geof:la
uul OF tllp markrl. | hopo thcy will. Curse the
fshuw.. VIC w4nt no s'ellt: Ths's l'sopIs w thefe
mother coaiu to get 'aopsy. l'wansed nothing 10
Wj.y, il t!rre IL 4ny hnnAhrllsr here. lei him rrt
~ aud tel nu whtn saal! 's ooasA: ! pay my
lrt,s and ~ man c1n 4ay IL &he cobtfasJ; anu
ecy that tseursia II nut bound for dplar Vi that
trDt, tuIluck and kfMbIlt we're nuihih; but rob-
b4f4-auA FATTY iiartia' Lexislatnte IL hu0t. They
ar" y set at rtUuntltrls Wau catnt down here by
m'l,taE, uutiu,iy aud who sought tu lin GtoF.
EiL tu p43 h.illluhs Hheto she Tccc1sel nothius.
want u that surk OF bastuts'. Whu brought
;I.rc l~!lu"s hetct ThG eutmy-the xsH'y Faahci
the public encuy. YOU afe under no 0ol x4tlulls
ta tstisa. anu owe Aone u their utUts. Bone t!uo
cvnt lucn lave been enlsarptd by lnen and thaat
things yHu u%e. LIT " ht1l.u by every dollar ta1
We owe. Ict our S1l.Ut,. uUu of tnde 6iedncs
atAud, ir.cxutu w have Raid thai II ought 10.
will rtlt u,} SHIRT II nece.saFy 10 help pay tha IL
sl!llink ullt.
Or. LOUIS still UNHAPPY.
When will our nslxhLo., 81 LouI4. cease to val
over the prosperity Of chiesgo1 tbs RtPu4tseut
Of Mun4Af says:
Chicago insudes All Of the TERRITORY natural,
tributary " 81, louts, and through khe tasos y
her railway companies II alle ~ Jsi.s 81 Loui
out. y hen [ hi ago Xuods. lAhlbSs AID provision
seek 81. Loul. tefsttufJ they ara Carried ~ rail- b
to bttU lies IL cheap - iRe rallxnfs Will carry st
luul4 rop.ts .ttu mltca. T0 eHaLls Chicago 10 bca
81. LuuiA iiatauGe h4a lcsu tIuosEd over and Owe
asaiu BY tue TAllWaYs.
Chicago viii! cautlnuc to !nTade tho tesrltoF
tributary 10 81. Louis wi,h better goods and lowe
pi.cxs tlan the merchants IN that sleepy osd eli
eau give the peopu. aud Of tourse They will tsAu
hr1e. TIE thing " Inevitable.
Goods AaHla0 WESTWARD.
Ths New luEk HuEf<ifA VI The III reports thu
the au.ouus Of f1c!xat ttatc giving oset thu ta1iou