Newspaper Page Text
THE DAILY SUN.
V OL. XL
SUN AND TIMES.
T.»KWO L 7 _ S. K.QODDAKD. W.L.SOKUUUS.
T HOS. GILBERT & CO.,
kditors and propbietors.
Terms of the Daily Sun ami Times.
One month. $ 1 00
Three months S 00
Six months , 0 00
Single copies 10 cent*
A liberal deduction will be made In favor of
Newsboys and Dealers.
BATES OP APVEBTISINP.
1 Square, one week $3 50
1 “ two weeks 6 00
1 “ three weeks 8 00
2 Squares, one wees 0 00
2 “ two weeks 10 00
2 “ three weeks...— 14 00
£ |i-9!■§\ %!3 11 315 | S 513; 3
| sil (a ja 'a ia ass a |aa
t.'° j °°! °L s _:-
1 Il('i*lßis24l|3oi*Bs $lO »4556(Vt5& s*oj*6s 170
2 18! 30:30! 4i' 4s' 54 80: 66; 72 781 84 90
3 24! 88'- 4s| 51' 59! 66 73‘ SO! 67 941101 108
4 45 55! 68' 71 70 87! 95103 111 119 127
5 36| 60 75? 85 »3,10 l I09;lt7:125 183|14l 149
6 42! 70 90! too; iio! 120 130:140 ! 150 160 170:180
12 6Pj 100 125J140 1 166(170 186 100 216 280 245:260
18 80; 120 l90ll80'8<H)l22n ■24‘>i»«o 218 «00 830)340
24 100)160 175j200! 225)360 276j300|«3» 350|875i400
For advertisements published less than one
week $1 00 for first insertion and 60,cents for each
subsequent insertion.
Advertisements inserted at intervals to he
charged as new each insertion.
Advertisements ordered to remain on any par
icular page, to he charged as new each insertion.
Advertisements not specified as to time, will be
published until ordered out, and charged accord
ingly.
All advertisements considered due from the first
insertion and collectable accordingly.
change of schedule.
Superintendent's Office, M t W P R R, 1
Montgomery, Sept. 20,1865. (
ON and after Friday, Sept. 22d, 1865, the Trains
on this Road will runes follows:
Leave Columbus at 6 25 a m
Arrive at West Voiut 12 00 m
Arrive at Montgomery 9 <5 p in
Leave Montgomery at 4 00 a in
Leave West Point at 116 P m
Arrive at Columbus 0 46 p in
connecting with trains of Atlanta and West Point
Rairoart at West Point, which arrive in Atlanta at
7 p m, in time to connect with Western and At
lantic Railroad for Chattanooga and points North
VH CRAM,
sep32 ts Gen’l Sup’t.
Through to Atlanta!
On and after Monday, 11th Inst.
Superintendent's Office MuacouEn Railroad 00., )
Oolumhiis, Ga., Sept. 9,1866. j
Muscogee Railroad Schedule.
Leave Columbus 7.00 a. m.
Arrive Macon 4.10 p. rn.
Leave Macon 7.23 a. m.
Arrive Oolutuhus ~4.24 p. in.
MACONci WESTERN RAILROAD SCHEDULE
NpHT TRAIN,
Leave Mrcoo. , .6.80 p. m
Arrive Atlanta 8.23 a. m.
Leave Atlanta 6.60 p. m.
Arrive Macon i 3.30 a. m.
seplO ts W L CLARK, Sup’t.
— —
For Silo and Ront.
To Rent.
THE DESIRABLE
Store 10. 34 Broad Street.
Apply f<r information to
oclO if J. BAMBUSH.
Engine for Sale.
A Five-lorse Power Engine
AND TUjJLAR UPRIGHT ROILER,
for sale by WITHERS & LOUD,
o c7 ts i Macon, Ga.
For Sale!
MY PLANTATION,
SITUATED 1 Talbot county, Ga., eleven miles
southwest! Talbotton, on the Muscogee Rail
road, 23iniles Columbus. The tract contains
One Thoitaad Acre*, more or less,
Two hundred aid fifty acres, or more, lying on Up
atoie creek, welditched and in good condition.
The Plantatiq is well adapted to gratu and cot
ton. There iB jn excellent Winter and Summer
range for Stock, The outbuildings are commodious
and well construed. The Dwelling two stones,
containing scvfcj bed rooms—a tire place in each
room.Olosets, «nries,framo Smokehouse, II lich
en, Wheat andjCarriage House, Gin House and
Screw,; a good Sop, Barn. Stables, Wagon Sheas,
comfortable quaters lor laborers, etc.
On the premie! are two good wells of water.
On the place 1h DISTILLERY and a good loca
tion for a TAN NRY half a mile north of the Dwell
?t is situated onvenieat to schoels, churches,
grist and saw n is.
Persons desink to see the place can got off at
station No. i>%, luscogee Railroad, within ,'/ 2
miles oi the plan any information desired can
be obtained by a Iressing me, by Express, at Box
Springs, Ga. MIRABEAU R SPARKS.
OCS 2w*
pr- xwnn Tpgraph copy and send bill to Sun
office. f
for Sale.
Mlf H. AfitWATION,
AND everythif on it is for
sale. It cojains 660 acres
and is well knqn to be one «fe~ggSgß
of the beet CottoUiiantation. in .19
Eastern Alabama,4&o acres areßgdlsSs3jEr
cleared and in a fj) state for cub """ "
tlvation. Good Iprovements; a never-failing
well of good wap; healthy and convenient to
School and Churq being within one mile of the
village of Hurtvfe, on the Mobile and Girard
Railroad.
During my abate apply to Dr J T Persons."
oc 4 2in dNO. H BASS.
Fine Pano for Sale!
A FINK 7-cct® PIANO is offered for sale.
Address, I “B>”
sep l9 ts ! care Sun office.
Plantation for Sale.
Qcrv ACRES °ti© Land in Macon
0«lH J county, on Mobile and
Girard Railroad; ]> acres cleared and
well improved. Qn, Stock and im- snoT*
plemeats will beiold with place if
desired. Eunn rsf
JHN J GRANT, Columbus, Ga.
T BROWN.Talbotton, Ga.
sep22 ts I
‘or Sale.
I OFFER for s| iny DWELLLING . .
HOUSE, one |e from the ‘-Upper Jfjgaa
Bridge’* on the Siimerville road. Tbe
Lot contains 8 ads land, fonrof which [JJJJBIi
are highly implied. House with
rooms and necesty outhouses; 2 good
Wells of water, or particulars apply to
R S WATT,
at 115 Broad *or to myself on the premises.
«epi6 ts J M WATT.
Notice,
MKRCHAN’IV’d others who desire to REMIT
FUNDS BRTH can do so WITHOUT EX
PENSE hy apphg at Agency of E M. Brnce A
Cos., where Norlrn Exchange can be purchased
at par.
KLIX ALEXANDER, Agent,
95 Broad, over Ennis’s Hardware Store.
sep2B ts
at 115 Broad
«ep!6 ts
(. Him i Cl),
COHNICI4 ST. Cl. All! AMD OOl.lfi-
TIIOKPm STREETS,
In building rcconlly occupied by the l'ost office
Wo have just received and offer for sale
India Hops* & Twine
100 pkgs MACKEREL, Nos. 1 and 2, in
barrels, halves, quarters and kits;
50 bbls FLOUR,
20 half barrels FLOUR,
lOsaoks COFFEE,
20 kegs BI CARB SODA,
20 kega SAL SODA,
60 boxes Colgate’s and Wiloher’s SOAPS
20 boxes STARCH,
25 gross Toilet SOAPS, all kinds,
20 boxes CASTILE SOAP, Amerioan and
English,
20 boxes London Club SAUCE,
20 boxes Cabinet SAUCE;
20 boxes CATBUP,
50 boxes PICKLES, halves and quarts,
10 oases BROWN STOUT,
10 cases Muir’s ALE,
5 bbls GOLDEN SYRUP, by the barrel
or gallon,
5 bbls SUGAR HOUSE SYRUP,
5 bbls Crushed SUGAR,
5 bbls Pure RYE WHISKY,
2 bbls Old Beurbon “
25 boxes Udolpho Wolfe WHISKY,
10 SCHNAPPS,
25 boxeß French BHANDV,
5 dozen Geunine Bolter’s BITTERS,
20 dozen BLACKING BRUSHES,
10 gross Mason’s BLACKING,
20 dozen Whitewash BRUSHES,
20 dozen Scrubbing BRUSHES,
25 dozen Assorted BUCKETS,
10 dozen WABHBOADS,
20 dozen BROOMS,
10 boxes CLOTHES PINS,
25 sets SPICE BOXES,
20 sets TUBS—all sizes,
NUTMEGS,
Pure GROUND PEPPER, in papers,
BI CARB. SODA, *•
TEA,
by case or pound, and almost every other
article of
GROCERIES
can be had at
E. BARNARD & CO.’S,
Corner St. Clair and Ogle
thorpe Street*.
ALSO, ON HAND AN ARTICLE OF
HEAVY SHOES,
and a quantity of
DOMESTICS I
EITHER FOR SALE OR BARTER.
ggy* Our Stock of Goods is to be kept
up, and our firm is an old one and per
manently here.
E. B. & CO.
I®" Wc will make liberal
Discounts to the Trade Tor
such Articles as they may
neeil. E. B. & CO.*
«cp3o ts
Fodder Wanted!
WALL & THOMPSON, at 182 Broad street, winli
to purchase
100 Tons Baled Fodder.
oclO ts
SCHOBER & EIFLER.
(Cr aw fat'd Street, between Broad and Front )
Manufacturers of fireproof safes..
Iron Doors, Shut tern, Railing*, Locks, Keys,
etc.
Safes broken during the raid repaired
at moderate price*.
Counter Balances and Platform Scales put in per
fect order. oc3 3m
Boots, Boots!
P. BIKHLKR, m
BOOWLtRKR, Milt'TTE
HAS REMOVED
to the BUILDING in the rear of T 8 SPEAK'S Jew
elry Store. oc6 lm
“WILLIAM S. TEEL,
(LITE HINTON*TEEL,)
Merchant Tailor,
358 PENNA. AVENUE, UNDEK METROPOLITAN
HOTEL,
WASHINGTON CITY.
PALL AND WINTER STOCK
IS NOW COMPLETE AND READY
FOR EXHIBITION.
ALSO,
A CHOICE LINE OF GENT’S FURISH
ING GOODS.
SHIRTS MADE TO ORDER.
October 10,1865 3m __
SHOES,SHOES.
BLACK
and
RUSSET
BROGANS!
Best Grade.
—AT—
J. A. CODY’S.
86pi 7tf
BILLS OF LADING,
—AND—
Blanks of Every Description
Printed and for sale at the
.epU ts BUN OFFICE.
COLUMBUS, GA., FRIDAY MORNING, OCTOBER 20. 1805.
G. 1!. TIIOII IS. IV. IV. mUVBItES.
('IiITIIIMi EMPORIUM!
G. E. THOMAS & CO.,
—;a T
No. 125 Broad Street,
COLUMRUS, OEAKKIA,
RESPECTFULLY auno>ince to the citizens of Co
-1 umbus and surrounding country that they
Have Slow lu Store, and To
Arrive, a
SPLKNDITI STOCK OIF
FURNISHING GOODS
AND
READY MADE CLOTHING,
Comprising every article usually kopt in
First-class Clothing Houses,
CONSISTING OF
Splendid French and Fnglisih
CLOTH!
(thick and Fancy Canfmerrs
and Fancy Vestings.
CLOTHING!
Fine lot of OVERCOATS ;
Cloth and Caas. COATS ;
Full Dress and Busioutis Suits, every style;
Doe and Cans. PANTS, Fauoy Vestings ;
Large lot Fancy Cass., Linen, Hiokory
and Merino SHIRTS ;
Canton Flannel, Jeans and Merino Draw
ers ;
Fancy Linen and Paper COLLARS;
GentH’ and Ladies’ HANDKERCHIEFS,
Fanoy Kid, Wbite, Berlin and Cass. Glovep,
Buck Gauntlets;
Case. Hats, Valises, Umbrellas, etc.
We have secured the services of
MR. GEORGE H. BETZ,
in our Manufacturing Department, who is
now prepared to serve hia old oustomers,
and as many new oues as may favor bim
(and ns) with their patronage.
Having just returned front New York,
where he has been enabled to acquaint him
self with tile latest Fashions and Stylos of
Cutting, he will be better prepared to give
that UNIVERSAL satisfaction wbioli has
always digtinguished him as one of the
MOST CELEBRATED TAILORS in the
South.
We cordially invite the ‘Public’ to give
us a call before purchasing elsewhere, as
we intend to make it to their interest to
purchase from us.
Oar aim will be to please, and it id our
determination to establish a
First-class Reputation !
Having purchased our stock at the
LOWEST CASH PRICES,
Our Motto will be
•’liuiiik Sales and Small Profits!”
3ep27 lm
r riie Ladieh’
GREAT FANCY STORE!
JUST OPENED:
THE MOST BEAUTIFUL PATTERNS OF
WINTER CALICOES, DkLAINES and
other Dress Goods, of very laiest styles ;
LINENS: BLEACHED DOMESTICS
that can’t he surpa.ned in rjualby and p-ice ;
Dailies’ anrl Gent’. Cambric BANDKKROHUFB;
The most beautiful assortment or RIBBONS in
the city ;
BRAIDS, HAIR NETS. WATER FALLS.
TOWELING, HOSIERY,GLOVES, COLLARS,
PERFUMERIES, POMADES, and a thousand
other kancy Goods;
A eplendid variety of SHOES;
Ladies’ HATS, Nubias, Breakfast Shawls, etc.
*J-Tbe Ladies can rely that we will SELL AS
LOW as any house in Georgia. Be pleased to call
PERRY & CO.,
oc 6 lm No. 8C Br„ad Street.
T. E. BLANCHARD,
11,1 ItROAD STREET,
(McGOUOH’S OLD STAND,)
HAS JUST OfIINNMiU A
GHOIGE LOT OF
STAPLE AND FANCY
DRY GOODS,
Hats, Shoes, Blankets,
Umbrellas, &c., &c.
CALL AND SEE THE STOCK.
Charges Made for Showing.
flfcp&Jlm
"RAILROAD receipt books.
two-quirk
Railroad Receipt Books,
For sale cheap at the
ear* ts SUN OPFICE._
RULING and BINDING
Executed in the Vegt Manner
at the
sept 15 if SUN OIFICJC
THE STATEJDF GEORGIA.
ItEPOUT OK 'l’llK COIIIPTHOLLKH
GENERAL.
We are indebted to Col. Peterson
Thweatt, the efficient Comptroller Gene
ral for tho State of Georgia, for a pamph
let copy of his annual report, forthofisoal
year ending Oct. 15th, 1805.
This report shows a cash balance in the
Treasury of $5,201,086 18. But with the
exception of $44,750 United States cur
rency, and a few thousand dollars in
State Treasury notes and State change
bills, tho balance is in Confederate Treas
ury notes, which are worthless.
The following are the assets belonging
to the State:
1,833 shares of stcok iu
Bank of State of Georgia $lB3 300
100 shares in Bauk of Au
gusta 89,000
lad abates of stuck in the
Georgia Railroad and
Bauktng Company 18 600
7,000 shares of,siook iu the
Atlantic and Gulf Rail
road Company 700,000
Central B<nk Assets, esti
mated by Geneial lie
tbune, Agent, at 1,500
Notes on Messre. M Brig
barn, D. H. Baldwin, An
drew Low, A Wilber and
Warron Mttcheii, made
Nov. 30th, 1864, and due
Ist of Juno, 1865, payable
“ in Cooicdurete Treasu
ry Notes, or State of
Uecigia Treasury Notes,
ol tbe new issue, ” f0r.... 871 80 I
$1,863,700 00
Also, tbe Western & Atlautiu Railroad
(value not to -be put upon the same by the
Comptroller or Treasurer) This Road,
however, paid into the Si ate Treasury,
us not earnings, iu 1869. $420,000;
18t)0, $450,000; in 1861, $438,000; in
1862, $410,000, aud in 1863, $1,650,000,
Col Thweatt considers these assets all
good for their nominal value, except tbe
Bank stocks.
It is true, he says, the sLok in the At
lantic & Gulf Rail Road would not now
sell at par, but wbeu the Road is finished
to the Cbaitabooctiee, it is destined to be
very profitable. It will then afford a
ready aud comparatively cheap commu
nication, with ftavanuah and Brunswick,
to (he richest portions of Georgia aau
Florida, and a part of Alabama; it is
thougui much of tbe travel trom the
Notln to New Orleans, &0., will take this
Road, aud it is believed it will be one ot
the most profitable Rail Roads in tbe
Boutheru country. Although only run
ning to Tboiuasville, it paid into tbe
Treasury last year a uivideuil of $56,000.
Tne notes of Mc.-o.ta H Brigham and
others, were given for 1650 bates of cot
ton that belonged lu the Biate, and that
Were in Bavaooab when that city was
captured by Gen. Hheruian. Tbe facts
arejsubstantlally mtae : <>n tbe approach
ot cell. Ciht.imau towards Bavauuab, the
agent oi the B>.aie sold the cotton to
Aleasrs. Brigoatu aud oihets, on certain
terms. Uov. Brown, on ri-cemug notice
front tho agent, refused to ratify tbe Bale,
but ibis was not communicated to the
agent uulti alter the capture. 1 have
been reliably luiorinod that the parties
giving these notes are willing to pay the
same in Georgia Treasury uotes of the
lust issue—but in consequence of what ta
above slated, 1 have been advised by your
Excellency not to attempt to collect these
notes until some action has been taken
by tho Convention or Legislature upon
the same.
As mo law does not authoiize the Comp
troller General or Treasurer to place any
stipulated value upon the Western tit At
laniio Rail Hoad, of Course i cannot do
so. But that some idea may be formed ot
lU> value, 1 deem U proper to state, that,
in 1859, it paid us noli earnings into the
State Treasury, $420,069 ; to 1860, $450-
000; in 1861, $428,000; in 1862, $440,-
000; and iu 1863, $1,650,000 and that
in 1862, when alt olner property was re
turned for taxation at a tower valuation
Uian it was returned to 1859, iB6O or
1861, a Committee of the Legislature,
appointed to examine into the affairs of
ute Rond, tSus, valued it at $7,849,224 68.
As the U until Stales troops had posses
sion of a pan ot the Road the first part ol
tfie year 1864, and finally took full pos
sesuicu ot it, in September, only $235 000
was paid into the Treasury fur 1864 1
that at tbe fall of Atlan
ta, iu September 1864, the Confederate
States Government owed the Road near
$1,000,000, which was never paid.
BKCEIPT3 AND DISUtJBSBMaNTB.
The lollowittg statement shows the Re
ceipts and Disbursements of the Treasury
for the Fteoal year of 1865 :
From Geneialuna Income Tax, 1664, (L4,t110 225 25
i ax, 1003 10 6 3
“ Tax on Banks 45 99134
* •• Kai road* 10,145 42
*. -- Foreign ioaurauce Ooui
. patties 6,006 4S
“ Feea from Sect’y ot Stale’s Office 222 76
“ Money refunded ou Corn Appro
priation.... 200,000 CO
u Money refunded trom Adjutant
General’* Other 1,403 80
“ Money refunded to stale by un
known person 500 00
« I*«ue ot fctate 'treasury Note* to
pay Meinnei sand OHicere of Leg
islature, ant oiber Givil Officers
of the-S ate 170 000 09
“ i**ue ot dtaie change Bills 01,760 00
“ “ Treasury Notea, due 26th
December, Dff6 70,000 00
<• iutoreM >/0 Lducational Fund... 9,000 00
“ hale ot Bagging, used in Macon
during a: eiiou of Legislature, for
Carpets 486 00
“ hale of Cotton and Woollen Clanl* 2,000 00
“ Temporary Loan, arranged for by
Provisional Governor 46,800 00
114,628,603 67
Add to tfcis the cash in the Treasury
on tbe 15tb October, 1864 2,146,087 62
Add we have a total fund of 16,774,691 19
Os the Disbursements during the same
time, there has been paid :
Oq Civil Establishment, 1862 $ 225 00
« -■ 1863 226 00
•• « 1864 27,614 81
•• ** 1865 29,688 85
On Contingent Fund, 1864 24 914 05
.. *• 1865 8,799 08
“ Educational Fund, 18t>3 1.680 00
.* .. “ 1864 79,787 00
“ $3,000,000 Military Appropriation,
for 1,319,1ift 00
“ Military Appropriation for 1366.. 1,398,570 bJ
“ P*y of Members and Officers of
JLsefciilature for 1864 and 1865.200)481 66
“ Overpayment*. 318 8#
On Printing Fund, 18(5 63,644 87
“ Fund for support of ludigeut eol
ilier*’ Families. 1863 9.327 00
“ til ml for support of Indigent Sol
diers’ Families. 1864 2,086,025 36
“ Fund for support of Indigent Sol
diers’Families, 1866 1,068 597 26
“ Small Pox Fund 17.791 63
*' Account of Treasury Notes burned 2 693 500 09
“ •* State Change Kills “ 466.416 16
“ “ Interest on Public Debt. 8 448 76
“ Academy fir Blind l»,0oo 00
“ Lunatio Asylum—For aupport of. 167,500 00
“ *• 4 - Salary of Sup’t 7,250 00
•• *• “ Pay of Officers. 12,600 00
'* Altorueya’ Fees in Dietiliatlon
Oases 1,800 00
“ Georgia Military Institute—For
beoffurnished 0,218 00
“ Georgia Mi itary Institute—^To pay
Professors 1,500 00
“ {Secretary of Senate—Salary aud ex
p*DXM, 1864 and 1805 13,€92 60
“ tilerk. of House of Representatives
—Salary and contiuguiit expen
ses 16,100 00
“ Georgia Relief and Hospital Asao
cletton 200,000 00
“ To purchase Corn for Exiles 106,000 00
“ To purchase Cotton for exporta
tion 1,160,090 00
“ For fuel, lights, Ac, for Legtsla
latnre 9,0'3 00
“ For repairs on City Hall, iu M&cou 1,688 60
“ •• “ State House and Exeu
tiva Mansion 11,000 00
« Expenses incurred in issuing
Treasury Notes and Change Kills 19 855 60
“ Warrants of Provisional Governor 4,000 60
“ Account of Miscellaneous Appro
ations, which will be seen 111 au
Abstract accompanying this Re
port 63.243 62
Total $11,573,616 Ul
Letviug a balance in the Xreaeury,
of 5,201,086 18
Tho pressing demands upon the Treas
ury for the ending yeur, will approximate
as follows:
To pay expenses of the Convention.. .$ 40,000 00
-* balance of salaries to Civil Officers
lor 1865 60,090 00
Civil Establishment, 1863 88,699 OU
Contingent Fund, 1866 16,006 00
Prtntiug Fund 26,900 00
For support of Pauper Patients, Luna
tic Asylum 60,000 00
For pay of Officers, Ac, Lunatic Asy
lum 12,000 00
For salary of Huperiutendeut of Luna
tic Asylum 2,500 00
For support of Academy for tbe lliiud
kdiicui local Fund 28,365 00
To pay Muinher* of the Legislature... 1001100 00
Interest on Public Debt 886,710 00
Miscellaneous 60,000 UU
To which may be added Bonds of the
Hiats now due,but never present
ed for payment 234,009 0(1
Back iuterst due on Bunds 1,u47,900 00
2,140,165 00
In making these estimates, the Comp
troller, has assumed that there will bo re
pudiation by the Male of tbe Bonds is
sued in 1H62, to pay the tax levied upon
the oitizena of Georgia in 1861, by the
Confederate Government, which the peo
ple would have been oompelled to pay
had not the State sold these Bonds, and
paid tbe tax. These Bonds are tho only
Bonds authorized to be issued Niuoe tho Or
dinanoe < f Heoession, that have been issued.
The annual interest on the saute is $170,-
870.
As there oan be no taxes collected
this year, and no other revenue will
likely come into the Treasury during
the year, the Mtate will have to antic
ipate her taxes for next year, by a
temporary loan for a part of the abovo,
and issue Bonds for the other part—-and
if it should be preferred by Capitalists, a
lieu should be given upon the Western
amt .Atlantic Railroad, to seoure the pay
meut of tho principal and interest of the
Bonds for the money thus obtained. It
is true this Road has been damaged con
siderably, (although now in running or
der,) aud it will not pay auy money into
the Treasury shortly, as its nett proceeds
will, for a time, bo needed to build new
permanent Bridges on the Road, but from
its location, and the evidences of the past,
it is bound again, before tong, to yield a
large revenue to tho Blute. It is very val
uable—and 1 doubt not that the Elate
could readily dispose of her Bonds, for
the money she now needs, or will shortly
need, upon advantageous terms, by pledg
ing the Road for the payment of the prin
cipal aud interest of the Bonds.
It is true, that, by enactment of the
Legislatures, tbure is already a lien upon
the Road for about $3,900,0Uti Bonds is
. sued for the building and completing said
Road, (only $83,000 of which is is now
due, aud uo more will be due in several
years,) yet the Road is so very valuable,
this lieu ought not to affect the matter,
where only $1,000,000 or $3,090,000
more is aduod to ihe same.
Without at this time suggesting auy
system of taxation or fuakiug any recom
mendation ns to taxation, I will olose this
subject by merely saying, that by refer
ence to the ‘‘table” alluded to, it will be
seen that an advalorem lux of 60 cents on
the SIOO valuation ot 1860, (which was
$369,637,732 after exetudiny slaves,) would
yield a tax 0f£51,846,139 60, and that 36
cents on the SIOO, would yield $934,069-
80. Surely then, the State of Georgia,
with her large assets, and material wealjh,
aud with her groat mineral resources
hardly yet touoned in the way of devel
opment, and which in tbe course of tune,
must be immensely valuable, ought not to
fail at thie time, to raise what money she
may need, upon advantageous or equitable
terms.
TUt PUBLIC DM*r —IN BONUS AND TB BAS -
ÜBY NOTES.
The Report furnishes the following
statement of the present indebtedness of
the State In Bonds, vis :
Due in 1863, 7 per cent. Bonds,. $ 22,500
“ 1863, 7 “ “ 63,600
“ 1864, 7 “ “ 40,000
“ 1862, 7 “ “ 26,500
“ 1862, 6 “ “ 18,000
“ 1863, 6 “ “ 40,600
«« 1865, 6 “ “ 18,000
« 1868, 6 “ “ 176,500
«< 1869, 6 “ “ 262,500
<> 1869. 5 “ “ 72,000
« 1870,6 “ “ 134,600
“ 1871,6 “ “ 163,760
•< 1872, 6 « “ 623,600
1872, 7 “ “ 100,000
« 1873, 6 « “ 169 500
“ 1874,6 “ “ 76,000
«< 1874 7 « “ 176,600
» 1878, 6 “ “ 100,000
.. 1879, 6 “ “ 200,000
« 1880, 6 “ “ 200,000
« 1881, 6 “ “ State
Defence,,, 25,000
« 1881, 7 “ “ State
Defence, 842,600
“ 1872. 7 •* “ Con
federate Tax, 2,441,000
$6,068,250
And due in 1859, probably paid 6,000
« •• 1861, “ “ 10,000
$6,084,260
NO. 44.
Tbe Stale ‘is also indebted for
non-interest bearing Treas
ury Notes and Treasury Cer
tificates ot Deposit, payablein
“Bight por cent. Bonds or
Specie, or when (he Banks of
Savannah aud Augusta re
sume specio payment, if be
fore that time,” 3,758,000
And also for Treasury Notes and
Treasury Certificates of De
posit, payable “in Specie or
Six per Gout. Bonds of the
State, six months After a
Treaty of Poaeo shall have
been ratified between the Uni
ted States and Crmlederate
States," 4,800,000
Making tbe total Bonded Debt
and debt promised in Speoie
or Bonds $14,642,250
To which may be added Treas
ury Notes made payable in
Confederate Treasury Notes,
“if presented within three
months after maturity, other
wise not redeemable exoept in
payment of Public Dues.”
now outstanding, amounting.
to 5,171,600
Change Bills uow outstanding
made payable only in Con
federate Treasury Notes, 997,776 85
Making the whole indebtedness
of the State in Bonds and
- Treasury Notes of all kinds,
In addition tu the debt above atated,
there is also duo about $1,047,000 baok
interest on tho State debt—the holders of
tbe State bunds for several years past,
preferring to hold the Coupons or the
Bonds, rather than take Confederate
Treasury Notes for the same.
A SHUTS OF, TUN STATS
To meet this debt aud to pay the inter
est on the same Georgia has, in addition
to her taxable wealth, tho following pub
lio property :
7,000 Shares oi Stook in Ihe
Atlantia & Gulf Kail
Hoad $ 700,000 00
2,2u9 Shares of Stock in
several hanks, $290,900 00
Central Bank Assets 1,500 09
Also, her Western & Atlan
tic Rail Road, whioh
paid into the Treasury,
iu 1860, as uett earnings,
$460,000, and before the
nee ot all kinds of prop
erty, was valued by a
Committee of the legisla
ture, at 7,849,224 68
Also, uotes of Messrs. H.
Brigham. D. 11. Baldwin,
Andrew Low, A. Wilber,
and Warren Mitchell,
payable in Contederato
Treasury Notes, or Estate
Treasury Notes of the
new issue, amounting,
principal and interest, to
about 890,000 00
Total, $9,731,624 68
The amount of bunds issued, hefere the
war aud now unpaid, is $2,677,750—the
amount authorised to be issued before the
State seceded and now remaining unpaid,
is $3,645,250.
The item of $1,000,000 of 6 per cent.
Bonds duo iu 1881, iu the table above, al
though not issued until February, 1861,
(after the urdinanoo ol Hecession,) yet
the aame was authorizad to be issued by
Act approved February 27tb, 1856, au
thorizing bonds lo be issued lu pay the
State’s subscription to tne Atlamio &
Gulf Railroad, aud these bonds were is
sued fur 1 hat purpose Agaiu, the items
y>f $36,000 and $843,600, due in 1881, in
same table, although not issued until
February, 1861 and May, 1863, yet they
were aut.lioriz id to be issued by Acts ap
proved Nov. 16, 1860, and Dec. 16, 1861.
The Act of Not. 16, 1869, ia view of the
oomliliou of ths country, appropriated
$1,000,000 a* a Military Fund, “for the
purpi-se or placing (ho .State in a condi
tion of defence,” and authorizing the is
sue of Ronds of SSOO each, payable 30
years from data, bearing 6 per cent, in
terest, to men', the same. On the Ist of
• February, 1861, eaid bonds to the amount
of $867,600 were prepared aud ready for
issue. The Bank* agreed to let the Btale
have the tnonuy tor $843,500 of the same,
but Lhenght 6 per oent interest too low.
The Governor, however, agreed to reoout
mend the ensuing Legislature to allow
them 7 per cent, interest. Consequently,
on tbn 16th December, 1861, an Aot was
approved authorizing the Governor to
cancel all said bonds that were issued to
the Banko, aud 10 give them iu lien of
the same, bond* bearing 7 por cent, in
terest, whioh was duno on the Ist May,
1862
What are called the 8 per cent. Treas
ury Notes, dated February 2d, 1862, were
authorized to be irsued by me 11th aud
13th Lections of tbe General Appropria
tion Aot, approved Dec. 14, 1861 The
j lth Mention of said Act appropriated
$200,000 10 the Ueorgia Relief and Hos
pital Assouiatioo, and to meet the same
the Governor was authorized to issue
“Treasury Notes to fie tnodabis in eight
per cent, bonds, when tho sum of five
hundred dollar* shall 60 presented at the
Treasury,” and the 13th Section
reads as follows :
“Bee 13 —ln ca-.-, at any time, the
money should not be in the Treasury to
meet auy of tbe appropiiations herein
made, the Governor is authorized to have
issued and used, tu meet aoy deficiency,
bonds buanug not more than 8 per cent,
interest or Treasury Notes, as he may
ceetu best; t-tud bonds when issued, not
to run for a longer time than thirty years,
and redeemable at any Limn after five
years from tb»ir date, at the option of
the Governor.”
But, at that timp, tbe credit of Georgia
was bo high Gov. Brown felt that he
could eave tbe interest, during the war,
to the State, by issuiog said Notes under
the 13:h Section of said Aot, and by
placing them as nearly as possible upon
a footing with Bank bills, aud he there
fore made them redeemable as tollows :
‘•The State of Georgia will pay the
bearor dollars ui eight per cent.
bonds or specie, six mouths after a treaty
of peace, or when the Bauks of Savannah
and Augusta resume specie payment, if
[ before that time. Receivable in payment