Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1879-10-09
CAPITAL NOTES.
MADISON, october6, 1879.

nun. addressed dozen or ntteen
misguided followers OF Brick Pome-
ROY. in the Assembly Chamber on
Thursday evening last - the only po-
litical meeting of any kind held
here since Nichols meeting, which
| mentioned some weeks ago Ce
all reckless and foolish mis- state
rnents Of fact, and ridiculous attempt
at argument to sustain false theo-
~ that it has ever been my lot to
hear. the harangue of Barnum was
''the boss As sample | will only
cite what he said about the issue of
subsidiary coins; every dollar of
which, he asserted, had cost the
people Orer sic aoiidrs. Thus: lst,
The S5O,000.0O0 Of fractional paper
currency was called in and destroy
| ed 4; there's one do lar cost for every
dollar Of silver coin issued; ID, $780,
600 900 was paid in bonds for bull
lion to make The silver coins from
there's two dollars cost for each dol
lar Of subsidiary coin; I'd, add the
$50, 100000 of this coin in circula-
ton there's your three dollars cost
for each dollar; 4th, add the bonds
issued which are to be paid m 80
years there's your fourth dollar of
cost for each dollar of this subsida-
ry coin; 9Th, these bonds bear per
cent. interest Compounded Sen'S-ts7t-
nuaIIy for 80 years there's the bal
ance OF the six dollars and over
which each dollar Of this subsidiary
coin has cost. OF course nc one can
combat such figures.
AS predicted, the balance sheets
for the fiscal year just closed show
the State administration to be in eff.
ficient and economical hands. Of
this subject the Stcte JoannaL says:
The financial books of the State
have been balanced, and Rom an in
specton of them the following APP
pear to be the receipts and disburse-
ments:
Received into the genera fund 81, 32So2
Balance in fund at beginning ot year. 790o5.9h
Total for the year. 81, 34s 39i0o
Disbursements from this fund being
entire expenses oI the state for the
year.. ,o1H llG2l
Balance now in general fund .... SS7$,2Sl. AZ
Comparing these figures with
those given in the reports for a ser
les Of years past, the EXPENSES FOR
THE PAST TWO YEARS HAVE BEEN
$l65, 500.23 LESS THAN THEY WERE
IS71-73: $l95,962 80 LESS THAN IN
1879; AND G239,7S0 81 LESS THAN
IN 1857.
This morning the following tele-
gram was received at the Executive
office from Warden Smith:
Waupun, Oct .,
Balance sheet for fiscal year ending Sept 80:
Cash on hand Sll,0gooo. Al bills paid to date.
No appropriation required for ensuing year,
II \. SMITH.
This is the third year that the
State Penetentiary has been in
condition to need no aid from the
Legislature. The present Board Of
Directors deserve the highest degree
of credit for having brought the in
stitution to a self supporting basis. "
The taxpayers of the State will
do well to remember these figures
on election day.
A lively interest in the subject
prompted me to attend the conven-
ton at Lone Rock, on the LIST, for
the nomination Of q Republican can
didate for State Senator. The re-
suit of that convention must be
highly satisfactory to the district.
The nominee, Mr.. J. b. McGrew, is
q man for whom every republican
can vote for with a certain conf
dence that the honor is wogthily be-
slowed, and that every duty devolv.
iprr rnDp hin, oS Stotp Sauator will