New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-01-06

tons literary md Charts 1e nstifufions repealed
That the osTing Of the STATE could ee extended
10 many al Of the literary institutions That have up
this time been subjects Of irs peculiar care cannot
permit myself % tOuh;. In respect 90 those charitable
institutions tha, have for their objects the relief OF the
insane and the edurauOn Of the deaf and dumb and
the blind Humanity VII readily enough suggest 10
YOU your duty / snow Of nothing in he oonii-
uon of the state hs cguires that these appropriations
shOuli b. Withheld.
REPORTS showing ire condition Of the several State
Prisons and Of the l'lse OF Refuge IN the Chy Of New
York will b. laid beiue you 81 an early day.
refer you 20 the Report OF the Adjutat General.
which will be communicated 10 you As early s. practi
cable containing 81 the Information possessed BY me
in regard 70 the Militia The law OF the last Session in
most respects bcliee has received genera approba
ton II has not becrcauied into effect and presume
an ndsp0On o. break up the organization 81 the hrst
division Of artillery md OF several indelend nj compA
MES has influenced. md think properly the action OF
the Government in tbs respect am informed mat the
discipline Of the several companies conprsns the hrsi
division Of artillery Of the highest order known 70
the military Of this country and that n0hn, less could
be SAID OF several other Independent companies which
need not here be particularly specihed
The dissolution nd Reorganization OF the several
bodies above referred H., would doubtless occasion
many changes OF their officers, but II - rot 10 DC eN
pected that such changes would be Improvements.
therefore recommend 10 Your consideration the pro
prety Of so amending the aw % pTeserye such mil
itary organization may be DESIGNATED. ~ officers
upon whom y9n may sqHf5 .Seh authority As worthy
Of presefvsuon
The duty 81 framing general awt sndcr which cor
pOrsions may be formed Is degolved loon you by the
-h article Of the Constitution snd not among the eas,
important There scarcely any subject OF TO
which the public Is looking with more interest than to
that which relates CorpOraonsi for Manufacturing pur
poses Wise and enlightened Legislation IN this regard
will secure the investment Of Capital in Manufacturing
Corporations here az in New England and with like
success As relates the guards 70 he stationed around
these associations well those relating to Banking
there Is much variety Of opinion and have no such
settled and well defined convictions will justify
res of specific recommendation. | think. however
that II may safely be affirmed that provisions IN either
case requiring the capital stated TO be fully paid in will
furnish no noonsiderable protection.
The 9th section OF the eth sruce oil the Constitution
is IN the following words
The Legislature Will provide Law for the registry Of
all bills issued put IN circulation as money, ans
shall require ample security for the redemption OF The
same In specie
The security required by this section entirely within
the discretion Of the Legislature and viii have no
doubt be wisely exercised
Section 9th looks alone 10 protection 10 bill hol'
dcrs. Can any better security be provided than by
requiring Banks 10 contribute say per cent annual
ly TO fund for the redemption OF the notes OF the inso
vent Banks the interest arising from such funds TO be
received By the Banks in the ratio of their contributions
respectively do not feel that confidence In these sue
gestiOns that will permit 70 place them before you IN
the light of recommendation. hst may be permitted
10 say tina, such contributions while they would secure
the present confidence of the community in our bank
notes az circulating medium would give additional
strength the Bank Fund stocks now held By the Con
troller
Having Just briefly Glanced at the condition of the
State in conformity with the acquisitions OF the 'onsu
tuition and for recommending 10 you such matters a. IN
my Judgment especially demand immediate legislation
commend 10 your careful and enlightened consids
ration all the various interests II this great state WIN
the most confident that all your cnactr1rnt'
will be made in conformity with those fixed and i'm
mutable laws which wise Providence has ordered.
Albany, January 5, l-i7 JOHN YOUNG