Oymichigan I Comparatively A Poor State. Her State Debt, Com...

OyMichigan i comparatively a poor State. Her State debt, comporcd with the valuation of the whole State, ia as one to six: that is, ons fi'ucth of the proporty of the State would be required to pay its debt. Whereas the debt of Pcnnsylvania ($40,000,000) is to the property as one to 15 while that of New York, ($$5,000,000) is one to 24. A tax of one per cent in New York would pay off the whole debt of that etnte in five years: a cimiJar tax in Michigan would rarely pay the annual interest.