New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-01-05

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Lsnt hnp.es icr their proteciirD. The early siien
ton Of Congress was called to this subject and ap
nominations were solicited for the construction
moo necsssary improvements. Inadequate sums
were fr. m time ~ time appropriated tor the con
strurtioa or commencement OF chain oi puolie
WORKS which stretched along the southern shores
of nearly All the laSes that f)w into the St Law
renee These appropriations contemplated the i'm
r-ovanneut Of the mouth OF the river BY removing
he bar. o.. bv deepening or widening the channels
az their mouths the erection OF piers ana iieht
houses and such other expenditures as would iar
ni.b ,, the prescribed localities safe and sufficient
harbars The criEissl appropriation Tor many o.
these objects were barely Sufficient 70 survey anl
commence the Improvements, bat tuose interested
ia their construction boxed confidently % Cosgress
r a., mean. fr their completion IL was believed
% tbsssr.lsd poiicv of the Federal Government
T. foster Snd protect this important branch o. ou'
patiopsl commerce il IL the great channel through
which the Western farmer sends RS produce 70 nj
Tarteru market 10 july lsi5. an sctapprupratin
81 .s7s 40 vas passed b. Congress Tor improve
msnt OF rivers and hsrbors. The President on tne
81 Of the following August returned me biii 20 tNe
House Of REPRESENTATIVES with his objections m
addition a. his constitutional objections 70 the bill
! The President spprehended that should II be sinc
toned and become a ls1 no practical constitutional
restraint can heresfter be imposed upon the most
EXTENDED system Of internal improvements by the
Federal Cove rnment in al parts OF the Union
TIE doctrine Of one of his predecessors, that aP
preparations Of this character should be confined
below the ports Of entry and delivery established
by law. is discarded By the present Executive and
therefore even such expenditures have ceased 70
/ 2 constitutional
Since the meeting Of the present Congress the
President has returned the bill with bis objections,
passed near the close OF last session for construct
| Ing certain works IN the Territory OF Wisconsin.
and for other purposes The President states that
on returning the bill to the House OF Representa-
tives at the preceding session containing SIM AZ
provisions and appropriations he stated his ohec
tons 20 its passage and that those objections re-
main unchanged. The uncs, stitutonality o. these
| appropriations Tor the protection OF our commerce
| is insisted On and ingeniOusy enforced. The Pres
| dent also argues against the appropriations Tor
the reason that If Congress is allowed sny discie-
| ton IN similar expenditures there could De 10
restraint upon the amoLut of money that would be
| squaudered. This subject is quite too important
not % attract the attention OF every statesman ana
cannot doubt that views more IN accordance win
! the public interest Will ultimately prevail But
discussion as 70 tie power ~ Congress 90 maze hP
pruprari1ns for Lakes. Harbors. and the Improve
meut OF Rivers, or 10 respect 10 the exercise 81
such n power. assuming that it exists, IS map
9roprste 10 this communication, and has only been
| alluded 10 here from It's intimate connection Win
| the prospective legislation Of this state IN re
gard TO the Erie Csnal.
la my annual communication to your prcdeces-
sors. expressed the opinion tina, the security re
onired for the redemption OF Bank Notes under
the 9Th Section Of tie lst Article of The Consti-
tuition, rested entirely in the discretion OF the
LEGISLATURE. and this opinion seems % be gen
orally acquiesced In. Although the subject es-
gaged much attention Of the Legislature at It's last
session no general laws were passed ilr the gov
erumeut of banking institutions These insttu
rlf hu -
ness interest of the state and if you shall consid
pr the time auspicious for the enactment OF laws
10 provide for their organization and management
have no doubt you Will enter upon the discharge
Of that duty with a full consciousness that II viii
require OF you great wisdom IN establishing gener
al principles and the utmost patience and care M
settling details No bank charter will expire
during the present year. Of the = banks in this
State doing business under special charters The
charter Of one will expire in 1919 four Ia 1850 and
de residue from ISL 70 ls66 inclusive. There
were If the stocks OF this State held IN trust by
the Controller the LIST day OF December last 20
secure the redemption Oi notes issued by banks
doing business under the General Banking Law,
s. 900 239 So and of the stocks OF tue United
states no 600 Under our present laws the stocks
0 the United states are not receN able by the Con
rroler as the basis Of bank issues The proprlety
oi 80 amending the laws ms to provide for their re
ception has been agitated and doubt not VIII be
ION by law viii ultimately become necessary can
scsrcel, be doubted. but do not think proper re-
gard for the prospective value a our own stocks
xil Justify l. AZ t1is time. Willie this cannot be-
said to be a season OF pecuniary embauassment
here the markets are iegerlsh aud delicate, aud
such condition Of things is not IN general propi-
tous t. financial legislation In our country itr rea
sons that have been SO often anu go well stated that
[ need not repeat them
The Education Of Children has been and. I
trust will continue 90 be matter OF deepest solicit
tude. Common Schools, from their universally.
reaching every neishborhood and shedding their
Influence upon every family and into every mind
expeling the primary causes of vice and crime,
and erecting affairs to patriotism and virtue have
Justly been considered the peculiar objects OF legis
latiye care The practical importance OF the State
Normal School tor the education Of teachers Is be
ginning 70 be felt ant IN the tone, strength and
yieor 10 be given % Common Schools, by distriD
u,irg through the state teachers who shall have
been thoroughly instructed. IL is believed VIII be
found most convincing arguments IN defence o.
reasonable but liberal appropriations by the state
70 this object The capital Of the Common School
Fund is 60 l75 5l4 A.. and is annual income Tor the
last fiscal year Sl3l ,jJl "a. The capital o the
United States Deposit Fund - 0l4520 z /, and the
annual income thereof Cor the last fiscal year was
$40! go &C. BY the och article OF the Constitution
II is provided that the sum OF SIS 600 OF the rev
each year be appropriated TO ana made a part Of
the capital OF the said Common School Fund; and
by On act Of the l2th May last it is provided that
the residue ofthe United States Deposi. Fund not
otherwise appropriated shall be annually added to
the capital oi the Common School Fund. The
amopnt Of public money paid on account OF teach
ers wages tor the last year was S5O5 800 IL and
the amount paid on rate bills : 1862 9i0 "A, making
an aggregate Of : OC- 800 50. From the returns
made by the Town Superintendenss Tor the year
ending 30th June, ls4s, It appears that the whole
number OF children ia the State between the ages
Of 3 and 10 is ZOO i43 and the number OF children
taught in the Common Schools during the year was
7fs,3.7. exceeding the number between the ages
OF : and It, by a. y3l.
Toe strength that District Libraries have &C
quired evidences the public appreciation OF these
important auxiiiaries to our primary schools. Dur
ing the last year s92 500 So have been paid for
books and there are now In these District Libraries
l 300 9si volumes Having discharged our whole
dlty 70 Common Schools tue higher Institutions OF
learning mus, not be forgotten. Any abatement Of
the interest OF tue state IN these Institutions IS T.
be felt almost exclusively by those who IN their in
quiries alter knowledge most require tie raternal
care VI the State BY the fortunate OF the sia
ent, IL is regarded with entire Indifference bat 10
those who are the artihcers Of their own fortune,
rowing against a strong current, struggling with