Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1893-01-04
THE CAROLINA DEBT.
OVER 1900, 900 OF OLD sURREN-
DERED FOR NEW BONDS.
standing in 4 and FER Cepts-The
State Expenses Nett Year.
rspeci.l telegram 70 the Dispatch.l

RALEIeH. n. O., January 3.-Under the
oct committing the State deb: IL is officially
stated that old bonds amounting to S1l,-
4o5, 600 have been surrendered in exchange
for $4,000 of new per cent. bonds,
leaving now outstanding 81 ,221. 500 OF old
bonds to take up. which will require 1916,
800, making the entire possible per cent.
debt S3,6l5. 700. The State holds $1,000 of
these bonds and the Board of Education
$4,000.
OUTSTANDING SIX PER CENTS.
The amount of s per cent. bonds out
standing Is S2.720,O 900. This is the entire
bonded debt. Interest on the latter bonds
is paid by dividends on the States stock
IN the North Carolina railway. The estl-
mates of the expenses of the State gov
eminent for this year and next year are
$s64,000. The estimated resources are
$4,000.
THE SCHOOL AT MoRGASToS.
IL is to-day learned that the Legislature
will be specially asked TO appropriate
sac. 900 this year, and a like sum next year.
Tor the completion of the school for the
deaf mutes at Morganton. The Legisla-
ture two years ago established this instl-
tuition, and made an appropriation. which
has proved barely sufficient TO build the
basement and ground floor.
DEAIH-wARRANTs ISSUED.
Governor Holt TO-DAY issued four death
warrants-the greatest number ever issued
in one day. The persons thus condemned
TO die are as follows: Leonldas Mcknight,
burglary, Surry county, date of execution
February 17th. William WhltsoI and
Thomas Whitson, brothers. Mitchell coun-
ty. murder, date of execution February
24th. John Hambrick. Cleveland county.
murder. date Of execution February 18th.
hambrick murdered jerks Macobson at
Shelby January 6, 1892, in the yard OF a ne
gro woman. Macobson was taken to Blacks
burg, s. c., where two days later he died.
Hembrick was convicted last spring and
sentenced to be hanged June 10th, but ar-
pealed TO the Supreme Court. There will
be an execution at Rockingham, Richmond
county January 25th. for wlfe-murder.
Nearly all the members of the Leglsla-
ture are here and spent to-day in hearing
appeals from Office seekers, of the latter
there being an unusual number. The first
caucus was held tonight. II has for seve-
raj days been conceded tnat Lee 5. Over
man, of Rowan county, had practically no
opposition for the speakership of the
House.
In his annual report the Inspector
raj recommends that the four regiments of
the State Guard be consolidated into
three, and that encampments be hereafter
by regiments. each at different point.
The Quartermaster-G General concurs in
this recommendations.
Result of the Caucuses.
Especial telegram 70 the Dspatch.l
RALKIoH. n. G., January 3.-To-night the
Democrats III both branches of the Legis-
lature caucused on officers. In the Senate
John l.. King. OF Gullford. was elected as
president pro tmpoce William q. Burk-
head, principal clerk; George p. Pell,
reading clerk, aud w. V. Clifton, door
keeper. In the House Lee s. Oyerman, of
Rowan. was nominated 10y acclamation for
speaker; j. 81. Brown, of Montgomery,
principal clerk; H. A. Latham. of Beau
fort county, reading clerk, and ID. A. Ju-
linn HnorE