G. W. Blackburn issued this broadside on June 22, 1869 as a public notice informing the state's revenue officers of the treasury's dire financial situation. Blackburn explains his recently acquired legal rights as comptroller to issue bonds (in this instance, bonds valued at $400,000) to pay the state's debt. Due to increasing expenditures and shrinking tax revenues, the Tennessee state treasury faced a potentially dangerous situation: if they defaulted on their bonds (held by the Fourth National Bank in New York) their credit would be severely damaged. The broadside particularly targets the treachery of some railroad companies who have failed to make interest payments on their loans and strongly encourages revenue officers to apply pressure to those who owe taxes to the state.