Financial Condition Of The State
Wc fiiid in a report of a Committee of the S'enofe, the foilowing .totement of the dobts now due from tliis Slnte. The ordinary annu.nl expenses of the State are estim.Ued a: $70,000. According to this reckuning ol'tlie CommiMno, a resort to fhxfifion wÃÃl be inevitable, if vve pVompty meet our liabilities. 'i'he Stalo isindebtedin the following suma uhich are now fine, fur tho paynient of which lliey lmvc o availablo rrieansjTo meet iliis Jarge amount the State las no othcr resource but the net proceeds f the Central Unilroad; wbich, allowing lie higliest estimnie tliat has ever been nade for its receipts, it will not exceed lie sum ofone hundred and sixty thousand ollars. This will slill leave a balance of ubout three Imndred thousand dollars due at the end of ihe present year unprovided for, and without one dollar of meai.s for payment, except by taxation."
Article
Subjects
Signal of Liberty
Old News