The State interest.
We learn that $383,925, the amount of interest on the Coupon debt of Virginia
due on the 1st of January next, has been forwarded by the 2d Auditor
of the State
, Wm. A. Moncure
, to the Bank of the State of New York.
Thus we see that in spite of the financial difficulties of the times, the State of Virginia
has promptly provided for the interest on her public debt.
She has never yet been delinquent.
Nevertheless, by some sort of strategy amongst the stock gamblers, her stock is lower in the market than that of States which, in, times past, for successive years failed to pay the interest on their stock.
With reference to the interest on the public debt, a meeting of Bank officers of all the Banks of the State
, except the old institutions of this city, was held here last week, in compliance with a circular issued by the Governor
When the Convention
first assembled, there was a wide difference between the expectations of the Executive
and the calculations of the Banks as to the quota of specie or specie funds they were to furnish for the use of Government.
But after several meetings, a plan was agreed upon and the Convention
adjourned in very good feeling.
The arrangements made with the Banks are such as will meet the wants of the State