Lancaster gazette. [volume] (Lancaster, Mass.) 1828-1830, 1828-06-10

from affording new markets to produce
enhancing the value of property enconr'
aging industry, and increasing population
by affording employment to labonr arc
more especially to be regarded than anv
direct and immediate profits from the in,
terest of money which shall be expended
All these benefits may confidently be look
ed for, in the work which has been nro.
posed. Nothing short of a personal know l.
edge OF the country can furnish proner
and adequate estimate of its immense ca
paclty for business and improvement
An interior trade, tenfoM ats present
amount, might be had with the sea-board
but Tor the expense of transportation.
Lands would receive richer and more
general cultivatic2. if their products could
reach a market. Manufactures would be
established wherever the tax upon the car
rage OF materials and of fabricks did not
overbalance the economy, otherwise. of
their inland location. 1t may safely he
assumed, that to many of these existing
establishments, the saving of expense in
transportation, by rail road would ex-
coed the value of all the protection. which
the most liberal tariff of duties ever pro-
posed, would afford. Here, then. is a
measure of encouragement to domestic
industry, within onr own control "a sys-
tenn OF internal improvement opposed to
no constitutional scrupleS; of which, no
interest can complain, and by which. all
interests will be promoted.
The Legislature of New-York, in the
spirit Of liberal and enlightened, enterprise,
winch has ever so highly distinguished the
Councils of that great State, on being
made acquainted with the proceedings
which have been had in Massachusetts
forthwith passed law, providing for the
appointment of Commissioners, with the
most ample powers, in relation to all meas
ures necessary to be adopted in exploring
routes, completing surveys, and locating
the Road, from the point of intersection
with the line of the State to its termination
on the Hudson, and by explicit enactment,
further pledged the Legislature, that, "f
the State Of Massachusetts shall construct
Rail Road from Boston to the Eastern
boundary Of this State, either directly or
through the medium Of an incorporated
Company, the Legislature of this State
'0lU construct it from thence to the Hud-
son Ri0er, or grant to the State of Has
See"ies0tts, %, 0O"s0 erses'asorized Compang,
the right Of SO doing, and taking tolls
thereon, andcr proper restrictions as to H.
rsdiction." Thus encouraged, and
strengthened to the undertaking, new in
ducements are added to desire and to seek
its accomplishment.
A sense of duty impels me to throw
myself upon your indulgence, in earnest
ly directing your attention at this unusual
period, to the state of the Treasury. The
obligation upon the Executive, continually
to regard the concerns of the Common
wealth, requires him to be possessed, at
all times, of that knowledge of its condi-
ton, which can only occasionally be COM
municated to other departments of the
Government. The fiscal concerns of the
State have, commonly and most conve-
niently, been the subject of arrangement
in the winter session, and the annual ex-
hibit of the Treasury, then made, is usu-
ally the basis of the necessary provision
of revenue for the year. But any omis-
sion in this respect at one opportunity,
may well be supplied at another; and the
occasion for doing it, at this time, now
beg leave, respectfully, to submit to your
consideration, and to the responsiveness
of your decision.
At the close of the last year, the ba-
lance in the Treasury but little exceeded
the sum of tUenty thousand dollars. This
amount was then chargeable with arrear-
ages of dues from the Commonwealth, for
which, almost Immediately, it was absorb
ed in warrants presented for payment. 1t
was shown, by reference to the accounts,
of several proceeding years, that the an
nual expenditures had considerably ex-
ceeded the receipts, and from official esti-
mates of the Treasurer, it was made ap-
parent. that, in the neglect to provide adj
diticnal income, deficiency would con-
tinue to result, and must be constantly aug
mentinr. To meet the pressin occasion of
the Government, at that time, the Treasurer
was authorized to borrow to the amount
of one hundred and fifty thousand dollars,
in anticipation of the receipts available
from the auction duties under the semi-an-
nual payment of the Bank Tax, in April.
This authority has been exercised almost
to its full extent. 1t now appears, that
after APPLYING seventy thousand dollars OF
the bank taxes and auction duties, subse-
quentIy received, towards the repayment
Of the loan, and with a balance of cash
in the Treasury, less than at the com
mencement of the gear, there remains
debt soainst the Commonwealth of si1ty
thousand dollars. 1t must be well under
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