Year: 1870

for the first week In January were:


10000 1862 100 900 10


The following Is list of the officers Of the Tenth
National Bank for the year 1870:


President Vim. NJ Bliss; Yice-Prcsident, Isaac Bell ;
Cashier, Walter b. Palmer; Directors, W m. NJ BI.s'
Isaac Bel, Richard b. Connolly, Henry n. smith WIN, NJ
Tweed, Bernard Smyth, James H. lngersoll. Peter H.
Sweeny John J. Bradley. Hugh .Smlth, Joseph G..
skaden, James Watson, a. II. Barney Henry Smith, a..
Oakley Hall.


We have previously announced the action Of the Legs
laure OF South Carolina In paying the interest Of the
State debt in god and guaranteeing that hereafter both
the principal and interest shall be paid in coin The fol
lowing recommendations by the Railroad Committee or
the Senate been adopted and the State has pledged


s honor that increase whatever shall be made in the
debt until its credit stands par with the States that
have always paid their interest in gold:


The Committee on Railroads, to whom was referred
at the last regular session bill entitled Dill to ald IN
the extension OF the Spartanburg and Union Railroad"
have had the under consideration and beg leave 10
report that they do not deem IL necessary to consider the
merits or demerits OF this bill, to discuss
the objection that might be urged. 70 wiz:
Mus tb ilatnr from nassjnS any Hi i13oring
the bonds OF any railroad company whatever But that
ether question: which is OF vastly more Importance 10 the
people and TO the credit OF the State to answer and
which may constantly recur, is whether the Legislature
OF this state Will grant any pecuniary aid by way of in
dorsement otherwise TO any railroad company. until


its credit has become firmly established, and until the
public confidence at home and abroad has been perfectly
assured This IA the only question at this time that this
The Committee do not feel disposed al this critical
period Of our financial situation to avoid plain deca-
ratlOn ard they desire 10 avail themselves OF this Oppor
tunty to reterate and declare their determination and
intention that the credit Of the State shall be maintained
at all hazards-that the public debt shall not be
fore, recommend that tho consideration of
this bin be indefinitely postponed. The Committee
feel that there never was such an opportunity as is now
afforded this Legislature TO destroy uphold the credit
the They do not deem it OF any earthly
0uence, nor can they perceive any difference as to
whether the Legislature at this me Will grant assist
TO or TO all the railroads asking aid Of the state


lima with the examples of financial ruin which surround
them venture again upon the same path which has led
hitherto 10 such disastrous results will the Senate
now, the threshold OF its session, firmly and uure
seryedly It's deliberate purpose TO protect the
fusing aid 70 all railroad schemes The Senate must
this question. The Committee Railroads have
announced their conclusion and say that they
alterably opposed to granting any pecuniary aid or
assistance TO any railroad scheme at present The Com
mttee unanimously recommend that the consideration
OF this BILL and all similar bills DO indefinitely post
pOned.


The report was adopted by vote Of yeas 81; nays


motion then made to reconsider the vote whereby
the report adopted, and to lay the motion
slider the table. The motion 10 lay the table
agreed to with only dissenting VOTE The vote to
reconsider and to lay the motion TO reconsider on the
table, eecualy dspose for this session Of the General
Assembly of all legislation for assistance to railroads


The agents OF the st. Joseph and Denver Railroad
port that the sharp advance in gold has stimulated
active demand for the first mortgage bonds Of the road
The bonds bear per cent interest payable in NewYork
and Europe. The agents will give full particulars
the security OF the loan and the progress of the road
application at their office.


The Home Insurance Company has declared dividend
OF five per cent, and the Continental Insurance Company
eight per cent: both payable on demand


The Irving Fire Insurance Company has declared a
semiannual dividend of per cent.


At the annual election for Directors OF the Ninth
National Bank the former Board reelected with the
exception Of Mr. A. j. Wood who Is succeeded by Mr C.
g. Parsons. The Board authorized to increase the
capital stock.


The aggregate amount of exports exclusive or spece
from Port OF NewYork to foreign ports for the week
ending Jan IL. 1870. was $3jls,756