previous next


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, Esq, 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.

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 3.0 United States License.

An XML version of this text is available for download, with the additional restriction that you offer Perseus any modifications you make. Perseus provides credit for all accepted changes, storing new additions in a versioning system.

hide Places (automatically extracted)

View a map of the most frequently mentioned places in this document.

Sort places alphabetically, as they appear on the page, by frequency
Click on a place to search for it in this document.
Virginia (Virginia, United States) (1)

Download Pleiades ancient places geospacial dataset for this text.

hide People (automatically extracted)
Sort people alphabetically, as they appear on the page, by frequency
Click on a person to search for him/her in this document.
William A. Moncure (1)
hide Dates (automatically extracted)
Sort dates alphabetically, as they appear on the page, by frequency
Click on a date to search for it in this document.
January 1st (1)
hide Display Preferences
Greek Display:
Arabic Display:
View by Default:
Browse Bar: