The Lancaster gazette. (Lancaster, Ohio) 1846-1852, 1847-12-10

lii addition to tlenbove there has
been paid into the treasurY, on
pcconnt ol school nnds and 9TH
er trust funds aud proceeds Of
loans and bonds issued, the
sum Of of....... $237,ll5 a6
Paymens have been made from
these funds to tue amount Of. 1884 OIL
Leaving the balance o! the re-
cepts of the trust funds, over
the disbursements. .. $ll3 80i 25
Domestic bonds to the amount ofS1l9,-
SS3 73 have been redeemed durin the
year lS47, at the treasury.
The total amount of the balances of the
several funds in the treasury at the close
of the fiscal year. on the 18th November,
lS47, was S494,26l 70
This cheering epitome of the fiscal af-
fairs ofthe State, and the highly prosper.
Gus condition of all her industrial inter
ests, Indicate the present as the long look
ed for aud auspicious period to begin eff
fiicienlly the payment other debts. And
accordingly earnestly recommend that
the Sinking Fund be increased from
twenty five thousand to not less than two
hundred thousand dollars, per annum.
Our new Revenue Law so much for q
time misunderstood, commencing itsell
by its wisdom, fairness and efficacy, to the
deliberate judgement and integrity ofthe
determined sustaining, and debt
paying people of Ohio, has at length fair
ly lived down all opposition. 1t has o.
qualized our burdens, filed our treasury
and sustained our credit ON proud emf.
nence amongst the states and nations OF
the earth.
The act to incorporate the State Bank
of Ohio and other Banking Institutions
has thus far realized the expectations o
its trainers. 1t has gone very general,
into operation, dispensing throughout ev
cry district of the State, those facilities
which the exigencies of modern com
mcrce demands, afi0rding to the people
n convenient, sound and convertible cur
rency, and paying even more than its o
quail share of the taxes ofthe State.
The amount received from sales of Ca
nal lands during the year proves thC
wisdom of the law recommended ant
past last winter, making deduction o
one third in favor of actual settlers, anC
limiting the sales to not more than on,
hundred and sixty acres to any one indi
vidual.
Tho Legislature of Virginia prompt,
met the proposition of the last Genera
Assembly of the State of Ohio for the set
tlement, by compact, of the questions o
boundary, aud also ofthe use. navigation
aud jurisdiction of, and over the Ohio ry
er, by the passage ofioint resolutions col
responding with ours. In pursuance G
these resolutions, the Governor of Vii
i, giua hus appointed William C. Rivot
William Green, and G. w. Thompson
commissioners ON the part of Virginii
who arc to meet Thomas Ewing, Alrc
!, Kelley, aud John Brough commissioner
by mo named on the part of Ohio, {
Washington City, on the first Monday {
. January next. ltiS hoped that the Leg
!: isaturo of Kentucky may at an early pc
riod of its present session. act on the sui
ject, SO that commissioner on behalf ,
y that State and of this may meet at tn
? ? same time and place.
' In organizing the three Regiments
Volunteers for the Mexican Warlast yea
2 The State incurred liability Of more tho
thirty thousand dollars, a considerab
portion ofwhch remains as yet unpai
by the United States Government, as wi
more fully appear by tho report of III
QuartermasterG General Two othorreg
ments, being the fourth and fifth ofll
+ iantry, and one company of Cavalry ,hay
h this year volunteered, and are now
), Mexico. In the organization of thes
II latter troops, did not consider myse
e either authorized or called upon to o,
D. pend large sums of money; first, bccaus
If Congress had made liberal appropriation
q for the support of the army, which wei
1t under tho control Of the President, an
,. the Legislature of Ohio had not, for tn;
l. purpose. placed funds at my disposa
'i aud secondly, because the requisite
+ itself contained the following claus
. The proper officers of the Staff Depar
a ments will be Immediately sent to Il
;. place ofrendezvous, with funds to ,leir,
d the necessary expenses, which may be j
Cured agrecably tolaw.'
r The Asylums for lunatics,for the bin
1t and for the deaf and dumb, have all bee
IS managed, by thoir respective superinte
n dants and officers, with distinguished
bility and success, every way worthy
9 the high character which they have a
J. ainea and Of the lussre which they.haY