Financial Condition Of The State

Wc fiiid in a report of a Committee of the S'enofe, the foilowing .totement of the dobts now due from tliis Slnte. The ordinary annu.nl expenses of the State are estim.Ued a: $70,000. According to this reckuning ol'tlie CommiMno, a resort to fhxfifion wííl be inevitable, if vve pVompty meet our liabilities. 'i'he Stalo isindebtedin the following suma uhich are now fine, fur tho paynient of which lliey lmvc o availablo rrieansjTo meet iliis Jarge amount the State las no othcr resource but the net proceeds f the Central Unilroad; wbich, allowing lie higliest estimnie tliat has ever been nade for its receipts, it will not exceed lie sum ofone hundred and sixty thousand ollars. This will slill leave a balance of ubout three Imndred thousand dollars due at the end of ihe present year unprovided for, and without one dollar of meai.s for payment, except by taxation."