Democratic banner., 1846-11-30

lI"uSdnu QOilaT>, anu the StaTe could not
for less than five or ten thousand. such is
the Importance and necessity of attending
to this matter in time. Only that timber
which is likely soon to fail should be remoy-
ed. Nor should the timber be draded near
the banks. Tine green roots protect the
banks. Clearing farms 20 the waters edge
is ruinous to the far ms and to the river
The farms are washed off. the river is wild
ened, the water is dissipated, the bars are
multiplied, and the channel filled up
Some governments protect their lands and
people by the construction of dihes and
~levees. Ours might protect the river, and
ne bottom lands, and tie people TO some
extent, by saving the timber along :he mar
,gil oftlie river. These matters are repect-
fully recommended to the consideration Of
the Legislature.
1t is believed by some men informed on
the subject, that for five or ten thousand
dollars, the snass in the Missouri river TO
the north western corner of the State, could
be removed from the channel so as to let
boats pass free of Instructions of that char
ac'er at all stages of water. From the best
iif 'rmatIon in my possession, | am disposed
tn concur in the above opinion, and would
at least recommend the matter to the con-
sideration of the Legislature. Several PLANS
for removing the snags have been surcestt d
hy citizens of the State, some of which
may he communicated to the Legislature if
perfected and presented during the session.
An ordinary sn,g boat could be construct
ed, or perhaps one could be procured rom
the General Go .%crnncnt, if that govern
mcnt has one of a drau.ht sufficiently light
f'r the purpose. SucI, a boat s!loak! be
KEEP, ut all times upon the river 10 operate
upon dangerous and difficult pei It's as they
are discovered. The increased speed Of
run ut night, the additional safety for boats.
cargo aud passengers. and the diminntiun Of
f~rciGhts, would well justify such an exprn-
'diturr.
OF the scventy-live thousand dollar loan,
authorised by al act oil the last Legislature,
t., meet an estimate deficiency in the rcve-
ra" In t.e last tw , Years, thirty thousand
Goil"rs were rrncurrd-twsnty from tic
Is" ...cI. Of the Bank at Jackson, and fifteen
rom the Brar"h at PaImyra--;lc mother
Bt',x and :Err Lrarui>s r-.L<ir. Ia loan
my SUM- b, ing inr.y tl:UuSaI.d dollars less
than the act authorised the Executive t..
borrow. The bonds for these sums have
Drcn renewed, and other renew ais will he
Necessary unIcSs means are provided 10 pay
them nif.
TIE revenue from taxes for the last two
Years amounted to .33O,753 co lie or
binary expenses of the State government
f"r the same period--including the expense
OF holding the State Convention. about
= . ,0O0-ainountcd to I'll, 27l IS. This
slow an ordinary revenue above ordinary
expenses of >S2..i7S 50. The bonus and
dividends from the Bank, for the same prii-
cd, we're S29.Sl7 p; and the interest upon
the Site bonds outstanding, hot Including
: 81, 900 due the jackson and Palmyra
branches, amounted to ! | A., eco, for the
same period. Til: makes an cXcrss of III
i~tercst on State bond, over the income from
the Bank to the State OF sll3.lS2 Is. The
ordinary receipts and expenditures for :IIe
next two years, and the income from the
Bank, and the interest upon the State bonds
for the same Period, may not vary far from
the statements for the last two years. ii
rot, the excess of ordinary revenue, added
TO Il G income from tie Bank, will iail to
meet the interest uron the State bonds, for
The next two years, Ly >3S,1O3 81. To
meet this sum, it will be necessary to pro-
vide for a permanent incLease OF the rtte-
nue.. IL. addition to this sum, the Bank
claims from the State : $4,000, the most IF
wricI is interest paid upon the bonds sold to
rlise capital for the Bank; and the branches
at Jackson and Palmyra hold the bonds OF
the State for 1890 as abnve stated max
ling, in all, a debt Of : 10000, for the rny-
mrnt of which provision should be made.
Only three bonds Of one thousand dol
lars each, were sold under the act Of the
last legislature, authorizing q sale oil bonds
bearing Il rate of interest not exceeding
eight per cent. f,r the redemption of tie
ten per cent. bonds, rcdccmablc i'll 1916 and
after. With the proceeds Of these bonds,
Six five hundred collar ten per cent. bonds
were redeemed. No other bonds were
sold because no offers were maze to take
them, which were then deemed Reasonable;
and because it was believed at that lime
that tlie new constitution would tie adopted,
and that it would be advisable to invcs: a
portion Of the school fund created under hat
- ~ Ahnsn SN.F -