Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1901-01-10

lk42 $1,000, $1,000. WV w
seven hundred 35 option bonds.
dated October 1, 1857. due DC
tober 1. 1901, r~edeenable after IN oo M
Two thousand. nine hundred
and thirty-seven 3iz per cent
option bonds. dated anuar l.
1858, due January 1. 1905, re
deemable after January !, 1873 2,9SI,UU VI
Total bonds, drawing 81
cent. interest SVOoGW "
Under the s s ~1eas OF of tf the S prine
cipal of our interest bearing bonds are to
be extinguished annually. During 1877
and 1888, the first two years OF the pres
ent administration, the bonded debt was
reduced 81, 35S,O 00. During 1893 and 1900,
the last two years of the present admins
tration the onded Indebtedness was re-
duced 81, 755, 600. The total reductlon pc
ing g. III; oe; ,G wh aEs annnsII a sd IN {n to {ne
charges alone. This leaves the bonded
debt outstanding January I 1901. $500.
terest, payable at the option of the State.
1t will be observed that 81, lis, 900 more
this administration than were required by
the State Constitution
General Assembly, under date of January
8, 1893. referring, to the bonded indebted
is. therefore, Insignificant, in proportion
to our assessed valuation, and while ii
may not be entirely e~xtinguished during
the present administration 1 see no reason
why it can not be paid off within the
early day. of the succeeding one
l. sec 1O AC1(OA nov" " CASAAoS Dy VIC"
then expressed, and confidently believe
every dollar of our Understanding oond-
ed Indebtedness will be paid off by jan
uary l, 1893
Certificates of indebtedness.
Besides our bonded indebtedness, which
amounts to 81, $751; o0, and draws three and
one-half per cent interest, payable semi
annually wehave outstanding Certificates
of Indebtedness belonging to our "Schoo
Fund" amounting to Bliss, 00O-of which,
he sOf bsian neaT fiv seN per- eTr cent ssa.' interest," interest,": AND AND
s., 235,S S.42 Certificates of Indebtedness :"
belonging to the Seminary Fund. draw
ing mostly 5 per cent. Understanding
SSS.42, as compared with $3.50, 3s.42, jan
Gs,0oo. While as stated before. the bond
ed debt has been reduced $3.1I3, 900, the
Certificates Of Indebtedness have been in
PENITENTIARY..
Never before In its history, has the PEN
itenttary been sc. successfully managed as
9ursng the last 4rS,t four ~ s ysa 7 by w ard IS ~ J;
have given the subject any attention
whatever. The Legislature Of 1897 appre-
ing January ]. 1899, the following sums OF
money:
For completion Of new cell build
For erection of new shop build
For purchase of new dynamo .... 500 90
For purchase of books for library. loo 0e
For pay of salaries Of officers n
Of the 5000 apropirated for completion
of the new cell building. only -; So. Is
was found needed and expended. and So
454-s2 was left in the State Treasury.
The Penitentiary has not cost the tax
layer OF the State one cent for anything
@ net gain of S, 119.
To-day. December "a. 1900, there are con-
fined in the Penitentiary 2,0s1 prisoners, Of
whom 2.0l2 are males. and So are females.
The records show there were 2,226 prison.
erS in January. 1897. l account for the
falling off. because ID of the parole law
enacted by the last Legislature: and be-
cause I'd of the prevalence of Smallpox
in many portions of the State, necessi-
tating a strict quarantine at the Peniten-
tiary, and the refusal on the part of the
Warden to accept a. present new prison
ers; and because CD many of the younger
criminals are being sent to the Reform
School for Boys at Boonville, Missouri.
THE STATE INSURANCE. DEPART
MENT.
At the opening Of my administration In
anuary 1897, the State Insurance Depart
ment was located in the City of St. Louis.
Believing that the business OF this depart
ment and the interests of the people of
the State would be better subserved by