Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1900-08-25

Persons who have been holding their
surplus cash for investment in Missis- |
sippi capitol four per cent bonds, will
be disappointed when they learn that
the advertisements inviting proposals
for the sale of $780, 900 capitol bonds
have been called in. Gov Longino has
been for some time of the opinion that
the condition of the treasury is such
that it is not necessary to issue inter
est-bearing bonds for this purpose. On
Monday evening of last week he invited
the Acknowledgement, Auditor, Treas
urer Secretary of State and Land Com
missioner to conference, and after
very full discussion of the carefully
prepared estimates, by Auditor Cole, 1T
was decided that the funds now on
hand and to come in during the next
eighteen months, would be more than
ample to meet all appropriations as
they become due, with surplus of at
least 5000, 900.
The act authorizing the bond issue
provides that the proceeds of the bonds
sold, together with any moneys in the
treasury not otherwise appropriated,
not to exceed one million dollars, are
appropriated, =" ETC.; so that if the treas
urv condition is such as to make it un-
necessary to issue bonds, or any install
ments thereof, there will be big saw
ing of interest
Should the State come out ahead in
its railroad litigation, and continue its
big sale OF lands, it will be able not
only to take up the 100000 five per
cent bonds outstanding and which
may be called in july neXt-but 1t may
also be able to build the capitol with
out the issue of single bond. Capito
bonds, if issued, would run thirty years
5 with option of the State to pay in tf
= teen wears. We're the whole amoun
, issued, to run for thirty years, the in
- terest would be 81, 100000 To saw
! all this will be the aim and hope o
, every officer in the State government
n One specially good feature OF tn
a present financial condition of the stat
= is. that the legislature, at its last SEES
i sion, reduced the tax from Ga to
l. mills. Had the tax remained at o.
c mills. with the increased valuations re
= ported in nearly every county in tn
State, the present bonded debt coul
e be wiped out, and all demands for cal
r itol construction met as they becom
due.
, One of the landmarks of the old Stat
= capitol has departed. TAYLOR MUIR.
'e who has been the faithful porter IL
the last ten years, died very suddenl
. of heart trouble at his home on IL
night of the 14th. The funeral WI
,, largely attended, the governor an
80 several other State officers being amor
= the many who thus showed respect II
III the good citizen and faithful employ
~ 1t was Taylor's ambition and hope
VI be chief porter for the new capitol, b
% the Master called him to bright
and better mansion, and Taylor w
,. ready for the call He came to JAG
~ son in January, 1870, from luka, wi
-, -, Gov, Stone, and his gratitude and re
~ erence for him was often expresse
~ For nearly five years he was the nj
" to greet us on reaching the capitol ca
= morning and the last to bid us 60
- night ReQuiescdt IN pace.
The Illinois Central excursion trai
nc were crowded. Ninety.six passene
IN coaches passed through jackson fr'
IT. Friday midnight until Saturday IN
d. night, in addition to the regular p
W. senger trains.
a Capt. Tom Spight wiz continue
me represent the First congressional
900 trict Nominations all made except
ity the Second district. II will be Vand
ar rf.x ~ The eleetion in November,