The Republican journal. [volume] (Belfast, Me.) 1829-current, 1885-01-15

So,4oS,5zl s. Se,S9S, w ~
Resources. Jan. \. 1854. Jan. i. 1855.
Sinking fund ....., ;, 100 500 % 81 .s26 900 Oo
Uucoiecel tax So. s9j,537 25 s13,1 t9 IS
!, ash ID treasury , 9',6o4 10 l92,3l9 A
res Of Srate. 8775.32s q s5ososl 81
Ss46s,a2l s. s6,399,720 %
The acJua: l:Gt -nleotGi4e = Of TIE state was
M VA, ~ s265 Is Il u'''ius
rotal for tie two yc4rs 2875 ,6to99.
BONDED DEBT.
The ota' bonded debt Of the State. less the sink
iog fund
Jan. I, 1883, NEUTRALITY-SUSPICIOUS.. A,fTS.7l5 90
. OBSERVATION-DISCLOSURES 81 20 L, ~ w ~
sbo,,,;n7, M. r.,,,,o.io ar ~,
for hr vear l~s3. and $if1 765 for IN. var 1854,
Total tor the two years, s73s95.
PUBLIC INDEBTEDNESS.
The net rednnficn of Indebtedness of
all the countries of the state for thp
vear endinu Dacamhe,, RI 1870 anne4rs
70 have been SG1 .43G al. for The wear
endino December IN 1854 S31 91S a.
total far the two wars SOC Az QS
which i an average Of SIS 1884 pcr
annum. Or nearly onp-fourth of the en-
tire Indebtedness of all the counties.
The net reduction OF Indebtedness OF
the cities, towns and plantations OF the
State for the year ending March. 1883,
appears 10 have been S396 .G53-Sl, for
the year ending March, 1881, S42o.369,
%; total for the two years. SS24,023, ST,
which IS an average OF S4l2,Oll.93 per
annnm, Or about one-tWenty-thlrd or
the entife municipal lntieDteduess OF
the state. Inc state indebtedness was
reduced during the Two years, lSs2 and
1888, S2r4.Sl2 Al, winch Is an average
OF S2s' .fo6.20 per annum, or about
oLe-VWeilth OF Iie entllt otabe lnueDJ-
euneas.
these statements snow that the peo-
PIE OF Maine nave Deeh fedQclnS orate,
county ana lnumclpal indebtedness at
the rate OF S'4f,o9T " per annum,
which Il about one-elghteenth OF the
entire publlc dept, ana at the same time
have been Increasing the taxable Vaina-
tl"n OF ther estates at the rate OF 81
433,GGo per annum, while the popuIa-
ton mas been Increasing at the rat Of
l.O93 per annum. Thls statement indi-
| Gates thllit anu substantial progress,
and is very encouraging,
SAVINGS BANKS.
lnp tUlt and 1rpilr,ltn TGpprf III o11I,
nt,i .Iaut H.nI, F,,,niIn,. KILN I, ,,,,,.
a,,rr,,,i,, n>.r,iIIif ~ rt5 n-a,l;.;
n,,,, s.,vi,,.ss ha,,l.s ,Thsra I, ,'n,I,,,,,
M hntfa,.' 1.yi3nnrn IF tt,n' nf,.i,oiit,- II
nnr Staro rhan IA n,,'l+,lt ,.ia',.r y
DEPOSITS made therein for tne pa.t
twenty-five years. In 1850 the deposits
We're Sl,465,451.56 ln 1879 the depos-
lis amounted TO S23,p52 .G32, while at
the close Of the year 1854. the aggregate
was S32 Oh 1910, which shows in
twenty-five years gain in deposits Of
@3l,U00 UQU; III tive years an in
crease OF nearly $1,000. 900.
and further comparison
shows an Increase Of 53, 4)9. 9i5.4J over
the total deposits Of two years aga.
Ihe number Of banks il titty-tour rae
present number of dep0sitors having
open accounts is $3.50. or about ome-
sixth u our entire population. THE
average amount to each depOsit0r is
S3ll A.; which is conclusive eyi fence
thai this vast loan fund is the aecunn-
lation OF the Increasing earnings of orr
industrial classes OF moderate means.
The laws have wisely provided that ali
investments should be made in seruri-
ties Of the highest character. atl. all
though this direction may not secure