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L. 5. Gov l9O'6,lS3 1906 l30 3O38l,7to J2,95a.c27


This gives whole present debt, Of the several States
of which eight with the territory Of Florida making nne
tnarked y have failed, and Pennsylvania has again
sumei.


Daring the dcba,ein the Illinois Legislature daring
the Revenue bilJudse Logan offered amendment, hat
In case the 81 500 600 advanced within three months
after the passage OF the act, that the Inercs; Fund
created by the should be appropriated in
decing the M7caicr Stebbins bends, at the rate Of
wcnty-four tho dol ar with interest upon that
sum a; the OF per per anuum from july
s4l Th!. amendment also laid upon the table, by
vote OF IS 20. being virtually reputation OF these
bonds The body OF the Loco focos including the
Canal men, against this measure. beis the first prac
tc step BY them, lhe hdcous doctrine OF reputation
which the Correspondent, OF the St Louis Republican
they all mean and carry ont aler they get this
81 GOO 900 from the foreign bond holders


We have received copy of the Bank bill of Ohio
as 1t passed the Legislature. The features mainly
we gave them when the bill first introduced. Many
Of the amendments in the State Bank portion OF the
BILL which we consider perfect dead letter and in the pro-
portions Of capital awarded different parts OF lie State
The minimum capital OF an Independent company fixed
at S5Ooo0 although with tho Governors permission the
payment Of instanen;s may be stopped $4,000. Tie
State Stocks security circulating notes
considered capital The stockholders TO be a time


abs 20 the bank FOR than hrcciths the amoun; Of
the capital Each company to 30 managed by not
less than Ave than eight directors Each director
TO he resident OF Ohio, ttrcefourhs Of the directors
hive resided In the State ateas years and each L.
rector must per cent Of the capital mp S2O0G00
aud half por cent 100000. The circulation he in
notes OF 81, 35, 10, 20, so and Sl0O, not Than
twenty PER cent OF circulation bc under S.
and not more than fifty per unde. iOs. Tie Banks
are required to ;ako each others The specie clause
remains the same believe, before. Tho bill loS
that AS We gave the when il reported.
we shall refer the reader to the bill itself for details