Cheraw gazette and Pee Dee farmer. [volume] (Cheraw S.C.) 1838-1839, 1838-12-05
GOVERNORS MESSAGE
EXECUTIVE DEPARTMENT,
Norem6er 81, 1888.
;r.,,o,, r,;,ens of the Senate and

: NOrenl6er ~, 1913.
:E.no,, Citizens of the Senate and
House of Representatives.,
S;nce YOUR last meeting we have had rea.
son.to be grateful for many blessings OF
hind Providence. With one unfortunate
exception, every quarter of the State has
been Rvoured with an unusual share oi
health and The industry of her citizens IN
the culture of the soil is rewarded, II not
with an overhowing harvest, with enous"
at least,o satisfy their reasonable oesf1s. 'I
In the distress and embarrasmen,s OF inc
pas, i, Is to be hoped they have learned
lesson offrusali,y and prudence lot 'he lu'
lure. Tc husband W tn economy ana en-
inv with moderation, is the best return we
can make to the Dispenser Of good for the
favours whic, His wisdom has conferred.
When we we're lately convened under
these walls, the hand of affliction was heavy
upon US. E,nterprise was palsled, Com.
mcrce was prosrated, the circulation, the
life blood of Commerce, was tainted win
insecurity and disorder. Our agricultural
interest felt deenly The general distraction
its products were deprecated 10 a degree
that left to the dispiri ed planter bare re-
muneraton for his toll. l am happy now
to Join with you in rejoicing at the com.
mencement OF better state OF lhlnsS. we
have wea,hered the gale and the sun SHINES
again: cheerfulnoss and confidence are re-
stored. Credit. is re. established the banks
have resumed the punctual fulhlment OF
their obligations; trade has returned WIN
life and vigour to its wonted channels. ana
our crops, reins,a'ed in value, are again oe'
come fund of prosperity and wealth..
The Bank of the State, well and ]ud'cious'
" conducted, continues as heretofore
TO be a source Of advantage to the people,
and profit and convenience to the country.
For a full and detailed statement OF the al
fairs of this Institution, l beg leave to refer
YOU to the Presidents report, which is here
with submitted. The nett profits OF the
las, year are one hundred and uinety-slx
thousand five hundred and thirty dollars
(Sls6.5 .53O.) A great impeachment to the
freedom offs operations, has been removed
by the general resumption ,ot specie pay
ments.
For the condition of the finances of the
State, and of the surplus revenue received
from the General Government, you are re.
spec,fuy referred to the report otthe Comp
troller- general.
Of the affairs of The State Banks gener.
ally, have obtained returns, the substance
of which is presented to your consideration
in condensed report, The result is that
they are prosperous and safe, we'll entitled
to your approval, and 10 the confidence Of
the community.
The total amount OF
Banking Capital
in the State is S9,153,498 4s
The liabilities of the
Banks consist Of
Notes in circulation S4,566,32l 02
Deduct amount Of each
others notes held by
the Banks. and not
in circulation SCOOPS 19
4,OOO,3O2 43
Individual dc,
posites 2,T32.5s3 81
Bal. due to Bks 1903 206 SO
5O.herliabilit's 1921, ,l27 93
5,961,el7 80
---
Tota, ss,s62,22O 80
To meet which they have
Specie, 2,0OO,l49 81
Real Estate. 365,7SO O3
Stocks. 1,09O.936 81
Balances due by Banks, l,393,s6l IS
S4,s5O,727 63
Foreign and Domestic Ex-
change 99s,909 80
Notes discounted andbonds l4,379,ll0 90
S2O,22s,74s Os
In addition to the above security 10 The
community, the Stockholders of the Banks
io,herthan the Bank ofthe State are bound
in their individual property SIS, 1894, 800 90.
The care Of the State Militia includes a
large share Of the duties of your Executive.
| have therefore held il throughout the term