YKUMONT. 



in Congress, tlio State won! 

 on.- member, and would therefore have to bo 

 rnli>tri<-U'd before the next congressional olcc- 

 t it ni ; I. ;it, after a short discussion in the Sen- 



lie subject of ivilisti-irtiiifr tlio State dc- 

 \vl..peJ a strong opposition totho proposition, 

 and, as no argument was made in favor of tlio 

 IIUMOIIV, it \V;H finally voted to refer the mat- 



:i committee. 



t-it:il funded debt, including coupon 

 bonds and registered loan, is as follows : 



Ton pan bonds, duo Jane 1, 1871 ........ $448,600 



Ki'''i*tered bond*, duo Juno 1, 1871 ..... 2,000 



---- $450,500 



11 bonds, duo December 1, 1874. $95,000 

 t -r red bonds, duo December 1, 1874. 150,500 



Coupon bonds, due December 1, 1876. $211,500 

 lured bonds, due December 1, 187u. 88,500 



Coupon bonds, due December 1, 187R. $52,500 

 BflCttttrod bonds, due December 1, 1878. 47,000 



M8.500 



160.000 



00,600 



Lews bonds iu the Treasury. 



$1,045,500 

 43.00U 



Funded debt outstanding $1,002,500 



The whole amount of bonds outstanding, 

 redeemable in 1871, is $450,500; of which 

 $378,500 were issued prior to the passage by 

 Congress of the legal-tender act. 



It is held by a recent decision of the Su- 

 preme Court of the United States, that the 

 provisions of the legal-tender act are not re- 

 troactive, and that debts contracted prior to 

 its passage are payable in coin. 



The coupons on these bonds, due last June 

 and yet unpaid, amount to $2,280; of which 

 $1,920 have been presented and demanded in 

 coin payment in which was declined. 



The Republican Convention which nomi- 

 nated Governor Steward assembled at Burling- 

 ton on Juno 22d. The following resolutions 

 were adopted : 



Rewlved, That the Republicans of Vermont re- 

 affirm the general principles of free government upon 

 which her institutions were originally founded, and 

 from which have sprung the prosperity and progress 

 of her people. 



Retolved, That the mission of the Republican party 

 is not ended, but that the great work it has thus far 

 carried on it will continue. It will enhance individ- 

 ual liberty and enforce obedience to law. It will 

 reduce the burden of taxation imposed upon the 

 people by their enemies, while it will also continue 

 to diminish the public debt and public expenditure. 

 It will administer the government with rigid econ- 

 omy, and at the same time keep the public faith in- 

 violate. It will sympathize, as it always has done, 

 with all sincere struggles for liberty among fori-itm 

 nations, while it also observes the most scrupulous 

 fidelity to international law which it demands from 

 other governments and peoples. 



Ttoolcetf.That we cordially indorse the Adminis- 

 tration of President Grant, and will in the future as 

 in the past zealously support it in the same course of 

 honor and benefit to the country. 



Jfaolved, That we will hcartilv support at the polls 

 the candidates for State offices this day nominated. 



Rf-wlved, That in the death of Governor NVashburn 

 the State has lost an able and popular chief magis- 

 trate. Revered and honored by the people of the 

 State in his life, his memory will be ueld in affec- 

 tionate regard. 



A Democratic State Convention wa also 



in Moiit|H.-lifr, nn Juno 17th. It \\ ;m well 

 The: following resolutions were 

 passed : 



RwilcuL That the Democrat* of Vermont recog- 

 nize the Constitution of the United States at the 

 hu|-i-ino law from which the Federal Government 

 derives its authority ; that the rights and power* not 

 tin-rein delegated to the General Government belong 

 to the State*, and all attempt* to usurp, override or 

 impose conditions upon the several State* without 

 constitutional authority are unjust, oppressive, and 

 subversive of the rights of the people. 



Itesolced, That the persistent and repeated viola- 

 tions of tho Constitution and constitutional lu-.vs by 

 the radical party, since that party has had control -,'f 

 tlio General Government, merit the condemnation of 

 all good citizens, and have and shall receive the con- 

 tinual and determined opposition of the .Democratic 

 party. 



Resolved, That the profligacy and corruption which 

 have entered into all the official stations of the 1 

 Government, tho favoritism that has appointed to 

 positions of public trust the partisans or tools of 

 those who control the public patronage, should be 

 denounced by all true friends of the Union. 



Resolved^ That we still have faith in the wisdom 

 and integrity of the people, and that ultimately they 

 will rise in their majesty and strength and hurl from 

 power our present corrupt rulers and restore the 

 Government to its original purity. 



Resolved, That we commend the ticket this day 

 nominated, for Governor, Lieuteuant-Governor, and 

 Treasurer, to the cordial support of the freemen of 

 tho State on the first Tuesday of September next. 



Tho State Temperance Society had their 

 forty-second annual meeting at Castleton, on 

 December 21st, when it was recommended 

 that temperance men in each county should 

 employ a competent lawyer to aid them in 

 prosecuting all violations of the State liquor 

 law to final judgment. It was also, on motion, 

 recommended that a general convention be 

 held at some convenient time and place during 

 the winter, composed of delegates from the 

 various temperance societies and churches 

 throughout the State, in which all classes of 

 tho friends of temperance may be represented, 

 for the purpose of awakening a more general 

 and livelier interest and more efficient action 

 in favor of the cause, and that a committee be 

 appointed to present this resolution to the 

 next meeting of the Grand Lodge of Good 

 Templars of Vermont, and all other temper- 

 ance organizations in the State, and to co- 

 operate with them in making arrangements 

 for such convention. 



The prosperity of Vermont has been con- 

 siderably enhanced by various railroad im- 

 provements. Some of tho new enterprises 

 promise additional prosperity, and among tho 

 most prominent of these is that of the Mont- 

 pelier and Wells River Railroad, which has at 

 length been commenced and its completion 

 assured. . 



A most important railroad combination was 

 the result of a lease effected by the Vermont 

 Central of the Ogdensburgand LakcChamplain 

 road for a period of twenty years. This trans- 

 action furnishes to the city of Boston cheap 

 communication with the lakes. 



