Harper's New Monthly Magazine, No. XXIV, May 1852, Vol. IVVarious
General
Harper's New Monthly Magazine, No. XXIV, May 1852, Vol. IV
Various
American literature -- Periodicals; Civilization -- Periodicals; Culture -- Periodicals
Clay.----The Legislature of Mississippi adjourned on the 16th of March.
No United States Senator was chosen for the full term, to commence at
the close of the present Congress. In both Houses a bill was rejected
which proposed to provide for the payment of the bonds of the State
issued on account of the Planters' Bank, but both Houses passed a bill,
which has become a law, submitting the question of their payment to a
vote of the people. The bill for districting the State, for the election
of five members of Congress, was lost, from disagreement between the two
Houses--both being willing to pass the bill, but they could not agree as
to the composition of the districts.----In Alabama, a Southern Rights
State Convention met on the 4th. Only a small portion of the State was
represented. Resolutions were adopted in favor of maintaining the
separate organization of the Southern Rights party, but acquiescing in
the decision of the Southern States against secession for the
present.----A message from Governor Bigler, of Pennsylvania, in regard
to the debt of that State, states that there is now due and unpaid two
millions four hundred and ninety-one thousand two hundred and fifty-five
dollars of the bonds of the Commonwealth, bearing an interest of six per
cent., and a balance of near one hundred thousand dollars due to
domestic creditors, bearing a like interest, besides one million three
hundred and ninety thousand dollars, at five per cent.; over two
millions will fall due in 1853, and about three millions in 1854. He
recommends that the matured bonds, and such as may fall due during the
year, be canceled by the negotiation of a loan, and that bonds of the
Commonwealth be issued, reimbursable at the expiration of ten or fifteen
years, at a rate of interest not exceeding five per cent., with interest
certificates attached, or in the usual form, as may be deemed proper.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account