ing toial collected of S2,S64,77I 35
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Making total collected of S2.s6477l 35 When the banks were placed

 in liquidAss6, 5.fa ta,,;,,r[most

 stoadlbeiEssI1f sl.s eu~ n .edeem-

 ed in the coleclIonsWade}

 am'nted to about s ,60oC00 The interest paid on the State

 debt, University debt, 10th

 section debt, &c. for 1916,

 am'nted 10 about 800 0D0 Int. for AT same amt, 800 GOO

 The fact cannot be disguised that to redeem the circulation of the banks and pay he interest on the public debt, will soon exhaust most of the assesis of the banks, and that the foreign debt Of the Stale, amounting 10 over nine mlllIons of dollars, will have to be paid, princi- pally by taxation. This picture is by no means an agreeable one; but poliii- clans will have 10 look npon il, and pro vide early the means of preserving the credit of the Stafe