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Vf)L. 111. THETHOWIASTON HERALD, PUBLISHED BY McMICHAEL & CABANISS, KVKIU SATURDAY MORNING TERMS. Ono Voir $2 00 3ix Month* ... I 50 Alt payments INVARIABLY IV ADVANCE Tue caper will V>e *t<qtpe I at the expiration of the ime p ii'l for, unless siiAscription is previous renewed. II the ad lre-s of a subscriber is to be changed, we must have the old address as Wi ll as the new one, to prevent mistake Vo subscription received for a less period than three months. Served by Carrier in town without extra charge. No attention paid to anonymous cotntminidations, as we are responsible for everything entering <«:r column*. This rule »* irnperitive /"A Anv oite tt&fumhf urf the names nf three Ser->, with 4G.no, we will send the year F It K E An ••< mark after subscribers name Indicate* that the time of subscription-is out. ADVERTISING RATES. The so lo ,ving the rates to which we adhere in all contracts for idvertising, or wheie advertisements are handed in without instructions. One square ten lines or less (Vonpariel type). $1 for the first, and 50 cents for each subsequent insertion. SQUARES | t t7]T MjT M 6 M 1 Hq.,are ... ... 00 4:l fto 4 7 00 fill 0 415 00 2 Squares .. .. 2 «*oj 500 10 OOi \*» 00 25 00 3 Squires ... .-. B**o' 7 '*o 15 0U 2'ftl) 30 00 4 Squares 4 00 Hi OV 20 0(1 go (HI 1 40 00 \ Column 500 2 «fl 3• 00 40 00 50 00 1 Column 15 00 2ft oil' 40 00 70 00 130 00 Hiiplaved Advertisements will becnarged according to theaPAOKthev occupv. Ml advertisements shimld be marked for a specified time, nth- rwise they will be continued and charged for *nt*l ordered out. Advertisements inserted at intervals to be charged of new each insertion. Advertisements to run for alonger period th n three months are due and will he collected at. the beginning of each quarter. Transient advertisements must be paid for in advance. Advertisements discontinued from any cause before expiration of time specified, will be charged only for the time published. Professional cards one square 41A 00 a year. Marriage Notices 41 .5n Obituaries 41 per square. Notices of a personal or private character, intended to promote anv ' rivate enterprise or interest, will be charged as other advertisements \dverflser.s are reqtie t.ed to hand in their favors as earli in the wee as ;» —sihle 7 lie a o’-e le ms will he, strictly wlhereil to. LEGfL ADVERTISING. het et.otore. since the war, the following are the pricse for notice* of Ordinaries, kc. —Tu hk paih in ad- V A \ C V • Tuirty Days" Notices ft 00 Forty Hays' Notice* 6 2ft Sale* of Lands. Jbc pr. sqr of tea Lines 6 00 Sixty ha\ s'Notc-s ... 7 00 Six Months' Notices II 00 T-n Day-’Notices of Sales pr sqr 2 00 Sukrikkt’ Sai.ks —for th"-e Sales, for every fi fa #3:00. Mortgage Sales, per square. 45 00 “Let aside a liberal per centage for advertising Keen you self unceasingly before the public; and it matters not what, bust o-ss you are engaged in, for, if intelligently an I industriously pursued, a fortune will be the resu 1 —Hunt, ss Merchants' Magazine. “ After l began to 1 ivertise my ironware freely, business increased with un iiotg rapidity. For ten yea's past i have spent £30.000 vearlv to keep my superior wares before the public. Had l been timid in advertising. I never should have possessed my fortune of £3.Y>,iMHt“. McLeod Helton. Birmingham “ advertising like vT il l v»' touch, t-wns every thing to gold Rv if, you>- hiring men draw millions to their eofTers ’’ —Stuart ULiy • A’h it mil icit.v is t-> love, and boldness to war. the skil’ful use of printer's i >*•-, is to success in business ’ Be cher. Witho it the aid of ad vert.iseinen's I • ou and have done nothing in my p -dilations. I have the most complete fai It in ••printers'ink.” Adve tisingis the “royal 10.nl to business ” —Rumtim Professional (^ards. Dr iimivm pekdijk • nvi..., P ir.„* nen'l.v locate'! it The Rock, tenders his pr* fessional services to th»- Mirrmimlirg c.otmmiity. and promises to H>ire no labor or attention to those who m u patronize bint. july22--6mo MU AND v V I PH. A» - rtiPV •-! <1 Coun sellor R t Law, Thonmston. 0». Will practice In the several Courts of the State of Georgia, and attend promptly to all business entrusted to his care, no vll- ts I>' >Y \ <>V & '.hMl'lvK \ f.«, r Ov -a t ) Law, Orlflln. On. Office in Almah llall, next, door to the '>tak < >kfick Will practice in the Gounties composing the Flint Circuit, and in the United St.at«*a I 'istrict ■ ’ourt. Attention given to cases in Bankruptcy, mav 18- Iv D>Y VL tY N UNN \ LLY A t rnrvs „r Law, Griffin, Ga. Will practice in nil the coun ties comprising tint Flint Judicial Circuit, and in the Counties of Wetiwether, Clayton, Fayette and Coweta, " ill practice in the Supreme Court of Georgia. and the Dist rict t 'ourt. ot the United States tor the Northern and South ern Districts of Georgia A O.NITMNAI.LY. [ ipll.Vl v] L. T DOTAt, rY V LLK X Vrror mv if L w T't 'm • aston, l!a. Will practice in the counties com piisin:' the Flint Judicial Circuit, and elsewhere by S|i"<-ial contract All business promptly attended to. OtUee in Cheney’s brick building. ttuhll-ly ni I K K KN' MV LL r s hi. t.r .(V-M --slonal services tc the citizen- of t houiastoo and surrounding country. May he found fnrin • t e day at the 1 * rug .''tore, at night at the former reside ce of ts. I Hall, opposite Rogers «fc Cheney’s Warehouse. j jan.l4 ly JF ivKIM) I N'* Vt < >r ’i ** v nr L*w. • Barnesvil e. Pike co, Ga. Will practice in the cSunries comprising the Flint Judicial C’ir nit, and el-ewhure by special onlraet Al t usiness promptly attended to Office in Elder- building, over' hamber’a 1 in Store. ugtv- y. BEALL ,\ft«irr»*»v Ht |jitw, ,1 Thomaston, tia. Will practice in the Flir- Cir cuit and elsewhere by special contract. aug27ly J* EI \ T I.H VLL A t tofoe v :to<l O'>ti risitl I>r at Law Will practice !o the counties composing tb ■ Flint Circuit, in the Supreme Court of uror ia, and in the District Court of the UnMed States for the N rthern and Sou hern Districts of t.eorgia. ■ Thoin iston. Oa . June 18th. IS7"-ly. AN D EIISOX ife McCALL V. Attorneys at Law, CovingV'n, Ceorgia. Will attend regu larly, and Practice in the Superior Courts of the counties of Newton, Butts, II nrv, Spalding Pike, Monroe, Upson, Morgan, DeKulb Gwinnette and ,Jas- P er - dec o—ly TVM ftS M 1 M A rilK AS. A't rnov nt i tP haws, rai’ootton, Ga. will practice all the counties composing the h itiahoochee Circuit and elsewhere by 1 •pedal contract decHMy l R* »L It 1 H TKIRHE; Ao'irnei „ Low i Forsyth, Ga W’ill practice in the State Couns au i in the United States' District Court at vtlantaand ftv annah. Ga, p. jy TV il U A I'. At f rnoy nr Law fiit • ville, tia Will practice in all the counties of 1 H' nt trenit and Supreme Court uJ.tho.Sute. M VIUONI B'e niUNK 5 ; Attorney at Law Ga Will, practice in all the routines of the Chattahoochee Circuit, and Upson and M«rnWether counties declS-ly DR KO IE Its will continue rh<* practice of Medicine. Office at B. D. Hardaway’s Drug . drcls.iy PI R G. VV r II notify the citizens of Upson that he will continue * the practice ot Medicine in its various branches at f ! Thoinaston. G». dec!B-ly i TA\f S WALKER Attorney at Law LaGange, Oa. Will practice in Circuit Court* of the State, and in the United States District Courts. declO-ly LADIES’ FANCY STORE! ovef^ MESSES. FLEMISTEE & BEOOKS, COKNKR OF HILL AND SOLOMON STREETS, GRIFFIN, GEORGIA, 'VI7’ OULD respectfully inform the good cltiiens of Thomaston and vicinity that we have now in store, and keep constantly on hand a superior stock arid very lateet styles of LADIES’ FI&E fIf&ESS GOODS, LADIES’ CHILDRENS’ SHOES, LADIES’JEWELItV, LADIES’ HOSIERY, LADIES’ NOTIONS, MiLLISErV, &c. as ~ ; ?• -jy • A trio ri sand little trick A and trinkets that Men-Mer chants know nothing about, to be found at our Store. t '■ ■ !M I Ij LI32ST HISR/IT ! The Choicest, Freshest, and SWEETfeST, stock in the maket. Goods manufactured to suit the taste of customers. Orders respectfully solicited. Call on or address MRS. M. A. H IGIITC-AVER & 0., mayl3-tf ' Griffin, Georgia. ANDREWSI& HILLj MANUFAOTDHERS AND DRALERBIN FURNITURE, coffins, &c., &c., /* J. At T. G. ANDREWS’ Mill, Five Miles Southwest of Thomaston, Ga. E wnM respoptfullv inform nur v v friends and the public generally, that we have estaheda FURNITURE MANUFACTORY at the above named plane, where we manufacture and keep constantly on hand superior Furniture of «n kinds, varieties, and grades. We are prepared to fill all or di rs for COFFIN-*, and do all kinds of Cabinet work with-neatness and dispatch We fl itter ourselves that we can please all that know good work when they see it. <>ur facilities and -uivantages in preparing our own Lumber and .Manufacturing our uv , W ork enables us to oft, r anv quantity, better varieties. and. d-eb'edly better birgiins than other Furniture dealers in this section of couutrv. We earnestly request all that are in need of anvthing in our line to c ill ,nd examine < ur stock, as we feel satisfied 1t we can give satisfaction in style, quality and price. All work tvurranteed to be as repr.-sented. Orders solicited. m.iy2<My .IAS ANDREWS & L S. HILL. CHEAP READING Til E ATLANIA NEW ERA. CJ,XT 15 RATES. In order to plat e the WEEKLY NEW ERA within the rmch of all. the proprietors have determin ed to to offer the following SPLENDID INDUCEMENTS: One copy, one year . ... $ 3 00 Ten copies one year. 41.50 each 15 00 Twenty copies, one year, |H .25 each . 25 00 Thirty copies one year 4 I .<>o ea-h. 30 00 I he Meekly Era contains nearly twenty-eight col umns of choice leading matter each issue, consisting of Politics, Literature, Market Reports, and CrENIvRAL NEWS. Makj up your Clul>s at once. Postmasters are authorized and requested to act as Agents Address NEW ERA OFFICE, july29-tt Atlanta, Ga. STER EOSCOPES, VIEWS, ALBUMS. CII ROM OS, FRAMES. E. & H. T. ANTHONY & CO., r,oi nboa d\v vv, Sew yoiik, Invite the attention of the Trade to their extensive assortment of the above goods, of their own publics j tion, umnufactore and importation. Also, ; PHOTO lantern slides rind Git A PI IOSCO PL. NEW VIEWS OF YOSEMITKS, E. & 11. T. ANTHONY & CO., 591 Buoaxtway, New York. Opposite Metropolitan Hotel. Importers and Manufacturers of Photographic | Ala teria is. tftchlS-lOm The Southern Farm and Home. A FtRSTCLASS AGRIOITfrURAI. MONIULY. GEN. W. NX. BROWNE, EDITOR At $3 00 per Year in Advance. HTMIK S-MMtid Volume commences with 1 November number. Now is the time to sub scribe. Address, J. W. liTEKK, A CO., oct.B ts Macon. Ga. DR. THOS. A. WARREN, GRIFFIN, GEORGIA. OFFERS hi« services to tho c’fiap na of Griffin and vicinity Special attention given to the treatment of cmtoivic uissi:^v.«sK;.«ri. Those ai a distance can < an consult him by letter. Office over George Beecher & < o , ill Street. april'29-tf WATCH REPAIRING. l counties are Yespfetfnfty^infonned’that" I have moved ray stock to the store o Mr. Wm W allace, and am now prepared to execute work in my line of busi ness, on the,rapst fipmratL tcrti*. K«p icing of ail kiniU rUifient nn«i f thenentest man' ner. I have facTlmes for turning out good w-.fk, and by strict attention to bu>iness hope to receive a liberal shate of patronage. Very respectfully, . apfilS-tf - VVM. L. aHJfAN. SHWaLES."" ,^ ve procured h Shirgle Mn« hine ▼ * and are now prepared to furnish Shingles to all who desire them at reasonable figures aug!2-tf AiJNLK A J. F. LEWIS. THOMASTON. GA., SATURDAY MORNING. JANUARY 20. 1872, VMFMMULOIJU UI., J\l I] Ui * -c Ul.> ;. / Imm If J {lo I) IJ2 J[ | BARF4ESV3LLE, GA., II WE now on hand the LARGEST, BEST and CIIAPEST STOCK OF GOODS Ever offered in BARUESVILLE, Consisting in Ladies’ and Gents' Apparel Os every discretion and style. Hardware, Cutlery, Crockery, Sugars, Coffees, Carpetings, Trunks, Umbrellas, Salt, Syrup and Molasses, WOOD AND WILLOW WARE, Cheese, Soap, Candles, Rice, Racon, Lard, and Flour, RAGSING AND TIES, CHEWING and SMOKING TOBACCO, SINGER’S SEWING MACHINES. All sizes of FISK’S MSTALIC BURIAL CASES. Twenty-five head of fine Kentucky MULES and HoRSHs, and will keep front Twenty-five to Ono Hundred h»ad const int.ly on hand during the season. V, e also h ive a Large and Commodious Cotton Warehouse, And will buy or sell, store or ship your Cotton. We k ep constantly on hand almost anything you may call for and what we have not got you wi 1 not find thixOde of NeV York. We sell at astonishingly LOW PKI» F.P, nnd defy competition. STAFFORD, BLALOCK & CO., octl4 3m Barnesville, Ga. ROSESS k CHENEY, WAREHOUSE AND COTTON COMMISSION MERCHANTS, THOM ASTON, GEORGIA. \ \J Fi t»l<r» this frethnd of informinc: our ? t fri ndx and the public generally that our NEW WABF.HoUSK is now completed and we are now pre pared to serve them in the Storage and Sale of Cotton. Our Scales are new and correct, and having secured the services of a competent and reliable Scalesman, we cun saf. lv guarantee to do justice to both buyers and sell--I*B. LIBERAL ADVANCES will be made or, COTTON in store BUYERS IN THOM ASTON will pay Barn-sville PRICES for Opt ton. Insurance on Cotton in Warehouse one per cent. oct7 6m FOUTZ’S CELEBRATED Horse ai Cattle PeiJers. ii This preparation, long and favorably \ known, w ill thoroughly re-invigorate j F broken down and low-spirited horses, | by strengthening and cleansing the n stomach and intestines. SL It is a sure pr ventire of all diseases iincident to this animal, such as LUNG FE V ER . GLANDERS. YELLOW A WATER. HEAVES. COUGHS, PIS TEMPER, FEVERS. FO UN DER, LOSS OF APPFTITE AND VITAL ENERGY, Ac. Its use improves the wind, increases the appetite— flcTw Iff gives asmooth and glossy skin—and JPy tran-ifo-ms the miserable skeleton into a fine-looking and <pirite l horse, Y . To keepers of Cows this prepara invaluable. It is a sure pre- LM 1 ventive against Rinderpest, Hollow I orn ’ e^c - H has been proven by . actual experiment to increase the V. If quantity of milk and cream twenty per cent, and make the butter firm an< i sweet. In fattening cattle, it gives them an appetite, loo«ens their hide, and makes them thrive much faster. In all diseases «f S wifi‘. such as Coughs. Ulcers in the Lungs, Liver, &c., this articlescts as a specific. By putting from dtie half a paper to a paper in a barrel of " swill the above diseases will b» eradi T * ' cated or entirely: prevented. If givery - Jf _ T.yjt in time, a certain preventive and cure for the Hog Cholera. D.VTIB E. FOUTZf Proprieior f , , BALTIMORE, Bk and . For sale bv Prug.giaU apd Storekeepers throughout the United States, Cauadaa and South America. For Pule hy J. W. AI WATER, Tbcmaston, Ga, »o” li-ly Guv. Smith’* Inaugural. At 12 y’cl yk. a. on Fr.day l*2ih inst , G"V. Siiiitn wiis inaugurated nuod the enthusiasm and cheers of an immense con course of legislators, ladies and g* ntienien. Ilia inauguration may well be cons den and an important event in the history of our cherished o.d State, lie thus speaks to the pcojde: ; Gentlemen of the General Assembly: —l appear in tht-s presence to-day, in obedience’ to the Oonstiiuth n and Laws, tu take the oath of office and assume the duties of Governor of Georgia. I come in response to the cull us the people of my na.tivfc S ute —a people who, having been scourged wi b fiie and sword, have hud their patience still m re sorely tried by want of integrity in oflfee, and by corruption in high places. But after a long at and cheerless night of let us unite in indulging the hope that a brighter day. bringing with it peace, happiness and prosperity to our stricken people, is already dawning upon our be loved State. The duties required by the Constitution and Laws, of the Chief Magistrate of the State, are clearly indicated by the oath of his « ffi e. lie swears to execute faithfully the office of Governor, and to preserve, pro eet and defend the Constitution of the State and of the United States. When he takes this oath, he pledges his sacred honor before Almighty God. and the assembled people who have conferred upon him the highest office in their gift, that he w ill hon estly and faithfully execute the duties of that office, and that he will, to the utmost us his ability, maintain the fundamental law's of the land. [Applause.] How Can these great duties best to met and dis charged? The answer to this question is easily made; but how difficult the perform ance of the duties here set forth ! All civil government should have for its object the preservation of the rights of the p>.r-nns and property of the people ; and it is the first and highest duty of governments, by wise and wholesome legislation, to pro vide security for these sacred rights. But the mere enactment of proper la as is not sufficient for the accomplishment of the object indicated Unless there is also a •strict and faithful enforcement of the laws, society must be without that feeling us security upon which the prosperity and happinessof the people depend. The honor of the State, as we 1 1 as the best interests of the citizen, demand that laws passed for the good of society, should he promptly and justly enforced. We may pity the criminal, but when we go beyond this and interpose to shield him from the punishment due to his wrong-doing, this feeling ceases ‘to be mere sentimental weakness, and becomes art act of cruel injustice to society. Prompt and certain execution of the law' >s the surest, and indeed, the only effectual means of ■, "eventing crime. The Courts, whose peculiar province it is to try persons accused of violations of the penal code, nod to pro nounce judgment upon the guilty, should he left to the discharge of this sworn du’y, free from interference on the part of the Executive. When, by the abuse of a power vesred in him, to he exercised onlv when the ends us justice and the welfare us society demand it, the Chief Magistrate of the State grants dispensations to crimit als, and sus pends the opera.i<>n of the laws presribing the punishment due to convicted felons, he becomes the greatest of all criminals him self, and merits the punishment from which be seeks to shield the less guilty. [Loud applause ] Under the Constitution, it is the duty of the G tvernor. with the concuirence of the Senate, to fill the*Judicial offices of the Shite. If he would faithfully discharge this duty, he must see to it that none are invested with the ermine of Ju-tice hut honest, and capable men. A virtuous and independent Judiciary is a blessing to any people. Ignoring all distinctions growing out of condition, race or color, and holding the scales with an even and steady hand, it meet out Justice alike to rieb and poor, the proud and humble. It encamps around the weak and defenceless, and keeps watch and ward over them with a vigilance that is sleepless, and unpurcbagable with gold or p<»« er. But it is of the last importance thnt the Chief Magistrate shi'uhl himself have clean hands. He may at'P"int none but upright and faithful men to • ffiee and vet if he tie not also upright and faithful, these good acts will count but little. He most nut only call around him honest men, but he mu't himself be honest in the widest and deepest sense of that word Neither the glitter of wealth, toe seductions of popular favor, nor the whispers of ambition should be permitted to allure him from the path of duty, let it be ever so tin my and rugged. It is not necessary, however, on an occa sion like this, to enumerate all the duties required at the hands of the Chief Magistrate of the* Common wealth ; and vet, it is not amiss in times hke the present t> recur to those cardinal principles which underlie all good government. It. i« known to be the du’y of the Executive to co-operate with the Legislature in the passagt of wise and wholesome laws, and with the Judiciary in enforcing 'those laws, lie must see to it that public order is preserved, and that the Tr easury of the State is protected, and must in allprjper wayspromote the general wel fare and advance the true interests of the people. He must take care that the laws be executed. All this he solemnly swears to do. But recurring to the occasion which has brought ns together to-day, it cannot escape the most carele-s observer, that we Have assembled under circumstances of an ex rra ordinary character. The late Governor, whose urievpred term of office I have been chosen to fill, is a voluntary fugitive from the State of his adoption. During his brief incumbency, there has been addition of untold millions to the public uebt. He lias left the finances of ihe State in the utmust disorder and confusion ; so that it is ini possi ble as yet to say what bonds, issued under his administration, a-e legal, and what illegal. To correct these, and other abuses much time and labor will he required, and I avail tnyself of the occasion to invoke the patience and co operation of the people. At.d it may here be proclaimed that the people of Georgia have no thought of repu diating any part of the indebtedness of the State (applause ) On the contrary, it is their purpose to ascertain the legal obliga tions nf th<» pubbe, arid to make provision for tbeir payment, principal and interest. (applause j It is their purpose to respect vested rights, to obey tbe laws, and snpress crtine in their midst ; to require a faithful discharge of public duty on the part of officials ; (o and elevate the public laith and credit ; to maintain order; to treat all cia.-ses with luG'ce an d inripartiality, arid to welcome aod treat with hospitgnty all men, from whatever quarter, who come among them with the intention of perform ing the duties ot good citizens. [Applause ] desire to live in peace, to rest, re our waste places, nnd to bring back the Govern ment id our State to the ancient landmarks ot the fathers. [Applause ] With a profound sense of the responsi bilities I am abot*4r.^o_assume, and with a 'fervent prayer that Providence mTiv bless our efforts, and temper the wind to our shorn people, and with a resolute will to perform my duty to the utmost of my ability, I now take the oath of office pre scribed by the Constitution of the State. [Enthusiastic applause J Treasurer’* Report. From the Athnta Snn, 18th inst.] Treasurer’s Office. State of Georgia, Atlanta, January 12. 1872. To His Excellency, James M Smith. Governor of Georgia: Sir —ln conformity with the requiiements of the Code of Georgia. I have the honor herewith to transmit a report of the financial transactions of the State for the year 1871. Table “A” shows the balance on hand ut date of last report, the total receipts and payments in each month, aod the balance on hand January l, 1872. Table 4, 8 ’ shows the balance on hand at date of last report, the total receipts from each separate source of taxation, the total payments from each special fond, and the balance on hand January 1. 1872. Table “C” shows the bonded indebtedness of the State on the first day of January, 18<3, exclusive of .the , bonds issued in and since 1808 (! he bonds issued in and since 1868 are discussed in this report.) The bill having reference to the late issue of new bonds, and passed by largely over two-thirds of each House, was, in the judg ment of the Treasury Department, a high duty of the Legislature, made a matter of necessity from the fraudulent and illegal issue of so large an amount of State bonds, and indorsement and delivery and exchange of what are called State aid bonds, greatly in advance of the completion of the work,' as required by law, and in violation of the very act creating the endorsement aod exchange. Holders of either class of these bonis have no cause lor complaint, as the world was put upon notice of their defects and want of conformity to the Constitution and laws. Henry Clews & Cos., of New York, the agents to negotiate these bonds, and in ? the matter of State indorsed bonds, parties "at interest with obligations to perform prior to State indorsement, were early notified hv me of 'he over issue and defects in the State bonds, and no one knew better than Henry Clews that he was receiving from Governor Bullock fully executed Smte-aid bonds, in positive violation of law Hence, the refusal of Bullock and Clews to'answer any inquiries from the State Treasurer respecting these bonds, showing a conspira cy, as is believed to defraud the State. An inquiry into what :s known to be a frauu against the State is no repudiation, neither is it repudiation to deny and disewn what is null and void from want of con formity to law. Those who have just and legal claims against Georgia have nothing t* fear, and I believe they are content The cry comes from those who have been confiding in, or intriguing with, Bullock and Clews. The amount of honest, legitimate State indebtedness orsce learned, these defective bonds, with lithographed coupons, should all be retired, and genuine, valid State bonds be issued, sufficient tome* t the State's real liabilities. The credit of the State will then reach its customary high stand ing ; but she cannot hope for, and should not have any credit while, through her now absconded Executive and his agents, she attempts to impose on the comerercial world defective bonds, greatly in excess of the wants of the State, and used, it is belieyVd, for private ends. Two million dollars of currency bonds were issued in Oc ober, 1870, without the knowledge of the Snite Treasurer, to meet an indebtedness of less than one-sixth of the amount of the bonds issued. These G‘>v. Bullock, when exposed, claimed wfre f"r only temporary use; still they had twenty vears and one million five hundred thou jrf dollars are still in the hands of parties in New Y rk, who claim the t ight to hold them, though Gov Bullock, when hard pressed, communicated to this office, over a year ago, tnat thev (these bonds) would be returned cancelled in a few days Four million dollars of finely engraved Smte gold bonds were sent to Gov. Builock, and this office has proof that he intended to put the whole amount on the market, and would, had not his movements been o ! ose!y w'atched and promptly reported. Three millions were p aced the market to meet the amount falling due on account of ma tured bonds ami coupons for the year 1871, and other small amounts, which were less than one-fourth of the amount of new gold bonds thus placed on the market. These bonds being issued so greatly in excess of the honest demands against the State. s**era to indicate that they were in anticipation, and mutual understanding of frauds upon the State Railroad, as well as to supply for Executive plumtering and private schemes for speculation on the credit of the State. The probable object of no net income from the Western and Atlantic Railroad, and inv dvipg it in a debt of Jt million,of dollars or more, was a grand swindle, and outside of enriching those who had the management, designed to effect a transfer of the Road under a fraudulent sale to a ring—thus, besides pocketing the income, and a million of dollars extra over the net earnings, virtually robbing the State of this main trunk road, The income of the road and the Governor’s sale or hypothecation of illegal b nd*. not meeting all their wants, the Superintendent of said Road, Foster Blodgett, enters the market as a borrower of money, and Clews & Cos. now appear at the JSiute Treasury demanding payment on account of large amounts advanced on .Blodgett's drafts as Superintendent of the Western and Atlantic Railroad, otherwise State lload. Clews & Cos. sh uld know there is no law authorizing said Superintendent to borrow min.y touting such trans ictions invalid.and i»> no way binding upon the State. They well knew the standing of both these men ; and if said Clews & Cos. have, or anybody else, has advanced or loaned them money w!iio\ has not reached the State Treasury, or been applied to legiumate indebtedness of the State, they should find their sole redress in the men upon whom they staked their hazard. The account of Henry Clews & Cos. de mands close scrutiny—besides the amounts reported advanced on Bullock’s bonds and Blodgett’s drafts, the coromtMdone and in terest charged are fully double the usual rates on so large arr.out. I have no faith in their reported sale of the gold bonds. The probabilities are, their attempt to cover advances to Governor Bulloek and his Superintendent. One hundred thousand dollars of seven per cent. State bonds, issued by Governor Cobb, matured on the first instant; also, at the satne time, one hundred und eighty thousand dollars, coupon interest on the old bonds. 1 haVe made arrangements to pay an! am now paying both these amounts, from the collected and incoming State tux of 1871. I here will full due in June and July next six hundred and thirty thousand two hundred and fifty dollars, six per cent. State bonds. It would be a very great hardship on the people for this amount to be required in taxes so soon after paying their annual tax; and I would tecommcnd the issuing of a sufficient amount of seven (•) per cent, currency bonds, for the pur pose of funding bv exchange the above am unt, due in June ami July. By issuing a bond of a higher rate of iuterest, with assurance of a prompt payment of coupons, the holders will submit t<> an exchange, though probably pr* ferring the cash, which would be promptly furnished but for gross abuse of law aud privilege in the illegal and prodigal use of State funds for a few years past. Besides the foregoing amounts, there will mature this year, mostly in July, about two hundred and fifty thousand dollars in terest on old bonds, which will have to be met by an early assessment and collection of taxes, or a loon The question of subsidy, or aid to rail roads by State indorsement, and the amount of bonds thus indorsed, and the liabilities of the State under them, I shall refrain from commenting upon, as this branch be longs more particularly to the special com mittee for that purpose. The real, valid increased indebtedness of the State, by reason of the issue of so large an amount of new bonds in 1870, I have not the means of knowing, but am satisfied it cannot be more than one-fourth the amount of the new bonds issued. St that this amount, added to the previous indebt edness, cannot make the sum total of the State’s indebtedness (independent of sub sidy to railroads) over eight millions of dollars, which is un amount not beyond the ability of the State to easily make good by a prompt payment of the coupon interest ana bonds when due. It is a matter of wonder that a war-de vastated, impoverished people, under the reign of those who govern for plunder, aided by experienced stock and bond gam blers, preying, upon the toil of the. body politic, with the policy of the Central Government (however well intended) ope rating to retard industrial energy and material advancement.—l say, with all these combinations working for evil and discour agement, the annals «»f history furnish no parallel of a people who, in their Common wealth relations, have so faithfully and promptly responded to their State obliga tions. which is an earnest of what mnv ba relied on under the aegis of an honest Horne Government , wisely guaranteed to each State under the Federal Compact. Respectfully submitted, N L Vngier Smte Treasurer. The Provision Trade of 1871. The N< w York Bulletin gives the statis tics of the provision trade for 1871. The exportation of beef from the United States during the first eight months was thirty four millions of pounds. For the whole year 1870 it was twenty-nine mi Hi »ns. 1 he number of hogs in the country was estimated at twenty-seven millions. In the ten great hog State’s of the West the number in 1871 was 17,361,540 against 15 395,000 in 1870 and thirteen millions in 1868 and 1869. lowsi beat the others raising three millions ; Missouri next, two and three quarter millions. Kentucky. Indiana and Ohio have steadily fallen off in hog produc tion. Tennessee has about held its own, raising a million and a half each year for four years. lowa increased double iu four years. In the fivo States of Missouri, Illinois, lowa, Ohio and Kentucky, the are 9 541,- 7<J6 hogs over *ix months old against 7 836 - 123 in 1870, and 6,878,901 in 1869. ’ ’ weight of hogs in 1871 was 2306-7 pounds; of lard per hog 301-7 poun :s In 1870 it was 20 $ pounds meat and 23 J bird. In 1868, 201 pounds meat and lard 21§. This shows steady improve ment in raising hogs. The comparative yield of meat and laid in 1870 and 1871 was 846,090.00 > pounds meat and 110.000.00 ) leaf lard 1871. against 542,000,100 pounds meat and 62,000.000 pounds lard in 1870, or an increase of 304,- 000,000 pounds of meat and 47(J00,t00 pounds lard in one year. The export of pork in 1870 was 94 094 - 166 against 111,273 917 in. 1869 and 133.- 625 665 in 1867. This shows a steady d* crease in the hog expons. The home c sn-ump ioQ has fallen off from 1867, though it increased fr. in 1869 to 1870. 1 he average price of mess p- rk per barrel in New Turk, in 1870. was $26.88. ranging from $28,75 in January to $20,50 in De cember. Ihe monthly average price of long c T ear bae>,n and hum, in New York, in 1871, ranged from 10 25*72 in January, to 7$ in December, the highest being 11 fin Febru* arv. and the lowest 7$ in Augm-t. Ihe price of laid in New Y“rk. in 1871, rao steadily and >\vruvard from 12 3-5 iu Jan uary to 9 51-58 in December. The t->tal receipts «.f live stock at the four cities of New York. Boston, Philadelphia and Baltimore, in 1871, wero 5 884 273 agaiuat 5,174,184 in 1870. NO. 7.