The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1846-11-26
e MESSAGE OF
His Exeelienty, GOV. GRAHAM,
10 he I-sislainr u ksrsh rurulina,
70 tie H,aaratIt. ils Gsa.rgl
Ass:mtly n Ng,fl caralasa
A IL scaian q Iss6- ~.

sAkkSAsGag 81 sRuy2as AAF3aAsAE
THE periodical meeting Of The repre-.
senIaus.s of the peoplr. animated with
zrsl Tor the public srl;aFe, brngiig y
lhe Capital Anoalelgs 81 lie ssnlF
menls. wishes anil want. Of their constr
iuanls. Is well - Of lle most recent e.
reFlenee ol lie action I'll ihr Government.
in every region II Inc Stale. and clothed
with powers more imPUrlanl Than Lave
been granted 10 any ether If our public
agents. i habilnslly expect j, a. an occur.
renee Of interest by every citizen. To
none does in come with . more welcome
Satisfaction, than III that department IT our
system which is charged with The admin
isisaliun # public affairs. and xilh watch.
ing over lie public Interest in Tie vacation
Of the Legislature.
/ Before presenting 10 yonr consideration
the matters Of general cancern demanding
our joint conseis and mutual eRdeasOrs
fur Tie well being Of the Stale. deem IL
meet ~ remind you Of our obligations III
gratitude 10 HE Supreme Ruler Of the
Universe. for the preservation Of our In
stiiu,ions. and the countless blessings OF
/ his Providence. which have been c0niln'
ued TO us through another Two years ot
our political existence. Though We have
been afflicted by disease to greater aud
more fatal exien. Than has usually fallen
10 aurlnt. have suffered from drought and
consequently failure of crops. AMI from
casualties by food and fire. We, Ia, e we
abundant reason I" rejoire in what has
been ynuchsafrd to u. rather Than 10 te'
pine III what has ben suffered or denl'
ed.
The Revenue and Finances Of tie State
always sahjecl of mosnenl 10 The PEG.
pie and TO The Legislature, will derive adj
dilional importance Al your present Ses'
sion from lie circumstances which nov
surround NJ. 7 he reports Of The Public
Treasurer and Comptroller Of Public Ac
count, viii make yon acquainted viii
The transactions al tina, department since
The last adjournment OF The Legislature
and the demands which whi fall upon !
before the next biennial meeting. Ou
biennial Sessions of The Legislature. am
seven Judges of the Superior Courts, be
sides the Judicial and Executive e.tab
|, li<hmen,s former ly existing. has nov con
tinuet for ten years. Daring this period
the average expenditure Tor the or.iinar.
y, support or the Government Exclusive o
disbursements for rebuilding The Capitol
and the interest On loan effected TO "a,
the States subscription for Stock IN tn
the present Bank Of the State, in f"rme
: yeat., and. of payments on account G
suIetyships for Rail Road Companies
nme recently. J NAV he stated with sGfl
Client accuracy a, about S67;aDo per an
nam. or $50, 0s0 for the odd, and 81
600 FIR the even year of lhe .scr'es---,h
e difference being ohyiously occaslnned b
e the Sessian OF The Legislature in each a
e terna,e year. In The sane time, The ii
+ come from ordinary sources oil Revenu
o have averaged $50. 600. the excess Il
= which, over and above The astIiaary es
a penses, has been devoted to the accouI
a of rebuilding the Capitol, interest on IL
;. SIa,e's debt, as before mentlnned. until
J. wss. discharged, and of her Liabilities f
a. the Rail Road Companies. These extr
ID ordinary demands on the Treasury, h
IT reason Of the Rail Road liabilities, ha,
e so accumulated from the future OF u
Legislature. al ei,'.er of the two last Sc
siuns, To make timely provision 10 me
a, them, as to increase The difficulty of yn
le task. But il is believed, tina. This m;
f. be readily overcome by proper and enc
II, getic action now, without imposing on
y rous or unjust burshens upon our cons
nc tuents. . .~ + f.:. . ii r..
Ut For the Wilmington and Raleigh r
/; Road Company, the Stale became sure
Up by The act of 1910, for the sum oil $50
le 900, PAYABLE in six annual instalmeats
of S50,O00 notwithstanding on the lst
70 January 1912. and ending the lst Of ia
uary .ls47. The frs, Of ,hese insialmel
was paid by the Company. The seco
;e falling due the Isl Of January ls43. VIII
q. the General Assembly was in session, a
an being Applied tina, the Company was
Of able to discharge II. they nected'the
mt ,erary Board 10 invest $4,000 OF
en- funds, by purchasing the bonds, viii
;s. constituted the evidence OF this debt.
ne These bonds are s,i held asa part OF
,as funds of that Board. But, for the ms
his men, payable The Is, January 1874,
he provision was made in the event of
tor falling on the State; which cnntlnget
tle happening. it was taken up by the II
The surer with the public funds, and that
,cb of bonds is now held in the Treasu
inv By the Act of the Legislature, al the
ich Session. other bonds injorsedb by the 5
ne. were allowed to be issued in lieu of III
in becoming due in ls45.ls46. on wi
.ec. credits were extended TO ls4s ls49,
to in,eres, whereof has been kept down
far The Company. as i, has been also on Y
held BY The Literary Board ans shs !
. ~~