The Daily times. [volume] (Richmond, Va.) 1886-1889, 1888-12-09
mn STATE DlBI.
An old Issue which was vital "a Century
Ago.

An old Issue which was vital Century
Ago.
Mr. Richard / Maury OF this city, sends
US a quaint letter in his possession writ
ten over century ago on the subject Of
the State debt of Virginia, from which IL
will be seen that SOloman was Perfectly
right when be said there was nothing
new under The sun The following is u
verbatim copy OF the paper
LAUREL HILL,
SP0TTsYLyANIA COUNTY, Va,
March 3, 1881
T. CoI0ad GarJen Minor, Ricimond, Va
Dear Sir,-liaving never heard any
thing from YOU or any that belongs to y0u
for considerable time past | could not
longer withhold from opening cores
pendence and TO show YOU that / do my
duty as good citizen bv con
suliing the public interest / there
lore inc0se you plan for pay
ing of the State debt Ii is
taken out of book | have in the house
and is done on Invitation Of the famous
Doctor Price If you have never heard
Of that gentleman | will give YOU some
account Of him lie IL, am told, Pres
byterian clergyman in England very
busy in public affairs, and a great 'alcu
lator. He IS the same gentleman that as
serts that one penny put simple inter
est the beginning OF the Christian era
will produce no more than l-6 by now
but at compound interest a sum that Is
infinite have read pamphlet OF his
several years ago, wherein he makes
statement of the national debt OF Eng
land and named the several funds aud the
produce which was established for sink
Ing IL. by which he made il appear that
his country was ruined. SO much Tor
DR. Price.
therefore recommend the Govern
ment to buy boar and d SOW OF The most
prolific kind. BY pursuing the Doctors
most accurate method OF calculating
lmeaning DR.. Price ! clearly demon
strate that they will be able 10 answer
the purpose For example.
One SOW produces % pigs per annum,
Of which 10 are sOws 10 sOws produce
200 pigs, of which 100 are sows; 100 sows
produce 900 pigs, OF which 600 are
sows 900 sows produre 10000 pigs. OF
which 10000 are sOws 10000 sows pro-
duce 100000 pigs, OF which 100000 are
sOws 100 900 sOws produce 2OOUOOu
pigs. of which 100000 are sowsi 1000
600 sows produce l20OO0,OOO pigs, Of
which 100000 are sows; 10000 900
sows produce 200,0000 600 pigs. OF which
100 100000 are sows 100000 600 sows
produce 1000, 1000 pigs, of which l.
600 600 600 are sOws; l,0O0,0O0,OOO sows
produce 10000, 600 pigs, of which
/ 10000 100000 are sows.
By this calculation it appears that In
the tenth year will be produced from the
boar and sow 100000 600 of boaTs. and
+ 10000 QUO, 900 of sows, and as the boars
/ produced In the breeding years will be
/ sufficient to carry on prOcrestion In ID
ture. these 10000, 100000 Of bosrs, | ap'
prehend, may be well spared, which, al a
moderate calculation, when a year old
will weigh fifty pounds each, aud VIII, II
sold at a penny q pound, amount 10 up
wards Of four shilllngs per boar Conse-
oueptly 10000 600 900 of boars at four
/ sbillings piece will amount 10 t2,OOO,
600 900, which sum, l apprehend, after
All charge Of maintaining, piceling, &c,
are deducted, will furnish a residue oil
profit more tnan adequate to pay all we
owe. and by this means we might finally
liauidate the State debt.
Now, sir; if you please, show this
scheme to my friend, Nr Fontaine, and
you may include the Rev Mr.. Douglas II
you think proper, aud If 1t should be ap.
proved, suppose we petition the General
A ssembly to adopt it ! have seen the
journals this winter ami find that peti.
lions are very plenty there. At least
hope that you will let me know your
opinion upon the matter, and that you
will believe that am very sincerely
yOur friend Jos. liERNDON.