The Arkansas banner., 1846-11-11
Governors Message.

Governors Message. We were prevented last week. by the press of
 natter from calling special atteaion to this ocu- ment It needs no oulnendatinn from us it
 VII speak for itself It presents. ia strong point ii siew the inansi&. ses,i.:ea ef ske State, the Embarrassment of the Treasury, and the remedy that should be applied, to the existing state of
 hinss. The language used Is paia and unaffected.
 wiehoat any useless parade of matter, while it is sisong and comprehensive in reasoning. and bold
 bad manly in deiineatny the true situation of the etate. Take 1t. all ia all. We regard 1t us far the mcst importans document which has ever been ad- dressed ts tho General Assembly by the Executive
 ef our Staie and that tt deserves and will receive Aeep consideration, none will doubt.
 There are portions oF ii to which we desire to li- rect attention; ard we regard cue of most mpc,
 fsnee. that which relates to revenue and taxation Now. it is undoubtedly necessary that something shonld be done, to place the State Treasury for all
 tine to come. in condition tn meet pronI fly the
 orlinasy and incidental expenditures of government
 h constitutional currency, and not in npre promi. I ees. or deprecia.ed paper mediam. All feel and skmit the absolute necessity of such policy; and
 Q suppose that TO change wilt be made in me system. is to acknowledge ourselves far behind
 tAe spirit of the age. So long as warrants are s-
 sned as payments, rather, evidences ef State ex- pendiures. depreciation will necessarily follow, presenting the famentabie spectacle of psoi"ng in her smallest transactions what she cannot perform. Are salssies too high We have heard no one inti. nete suck belief; on the contrary. many think Gen ytoo iow. A Circuit Judge should receive 4t90o per aRnum. in specie, not warrants for that tssn, worth 90 or 60 cents on the dollar and which
 hs may he obliged to place in the hands of shavers Cor any price that may be offered. Instead of get ! tug the compensation allowed by Iaw, he really may not receive more than half the sum, and ex- pead tt in travelling at all for the purpose ef holding court in six or counties. The ef Circuit Judge. is selected as an illustration c: ibs operation of the present system for it is mani
 ftst that the same observations apply, with equal fnfee, to all cf;ers and to other State expendi. tures. The message very distinctly points at the evil and suggests the remedy, aad that measures will be taken by the present Legislature to place the operations of the Treasury apoa certain and sable sounaaton, and prevent further deficits, we entertain doabt II is dae to the honor and dig
 nily of the State, and s necessary to eii eent administration of the government. People will never complain of taxation when it is necessary to support the government. but would willingly divide the last dollar for that purpose.
 The message ailades to the condition of the Banks. particularly the State Bank, and suggests
 that steps be taken to wind up ,ha, institution with he least practicable expense. The principal te-
 recommendation in the message is to call in the
 brznehes being best calculated to effect that ob- jet We regard that portion, :elang to the sale Of ths assets, suggestion thrown out. without en. doFsement or preference of that plan; and intending Aothing nnse than to place before the Legislature, 1se several remedies that might be adopted; leaving that body to adopt such mode as might be thought best ealcalatfd to promote the general good It is certainly desirable for the Bank to collect her debts by means little oppressive to the debtor as pos sible, and believe that the present law in regard te payments. is wise and just, and calculated to
 AeiliAte collections. Aud feel assured that, if Receivers authorized to take property at fair psSces, not only tn cases oE insolvency. oe where debts were doabifi but in all debts due the Bank, saeh provision aoala tend much 10 seearc II from greater loss.
 Bat whatever policy may be finally adopted, we isel convinced .hat but sns opinion can he eater. iained as to the proprie,y and justice. of extending every ressonable facility for the discharge of lia- biIties to the DAak. without sacrificing the debtor, er eempeiiins sacrifice of his property. which, in the end, might throw large amount of less on tke State.
 There are other portions of the message to which we intended to advert ba, cannot do so for the want sfspace. We wili only add that Ii IS State paper. sssiasntiy entitled io attentive consideration, and wAieh every ono should pernse