Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1848-01-01
NATIONAL INTELLIGENCER.
\, ,RyLANp AND HER GOVERNOR.

Ianlre on Tuesday his last Annual Message. The
Executive Messages and Reports Of public officers
in the General Government require so much space
in our columns as 10 make il impossible to publish
al large those which emanaie annually from the
State Governments, in some cases scarcely less
yolumnous than those which flow from the Govern
ment of the Union. But il is due TO the State 81
Maryland and ii is particularly due TO her retiring
Governor, that we should give place, as we do to-
day, TO SO much of his Message shows the results
of the prevalence of Wing principles and unswerv-
ing integrity in the administration of the Govern
ment Of Maryland during the last three years
We rejoice with sincere gladness at the elevated
ground on which the State of MARYLAND now stands,
redeemed and disenthralled from all mputations
upon her honor or her regard for the sacred obga-
tions of public faith. Heavily burdened win DEBT
by legislation more liberal than provldent-though
it may ultimately appear 10 have been wise lloer-
ality-she has by firm resolves and vigorous efforts
placed herself in position to ensure the respect OF
her sister States and of her foreign creditors
More indebted in proportion to her population and
resources than any other State OF the Union, she
has shown that where an honest sentiment animates
people and their public servants, it is possible by
perseverance 10 overcome the most appalling OBJ
stacles.
This achievement the State of Maryland has
accomplished TO her true honor and uniading glory.
Extracts from the Annual Message Of me ETecat-
tire, to the General assembly Of -Harylntd,
December Session, ls47.
m is wei known that has for the past three years
been engaged in the noble struggle TO meet 10 go9a laln
pecunary engagements This effort was deemed Eopeess ny
many Of her prominent citizens VINO pee'ed at he
of accrupg interest the current receipts and con-
sequen annual Of indebtedness had demonstrated ne
inability the Pecuniary NEUTRALITY-SUSPICIOUS. "cn
threatened 10 oyerwhem her At a. late period as the last
session Of the Legislature there many of the best citizens
Of the State Of the most prominent OF her egsa
tors who believed that the time had not arrived when the
State could with declare her sovency by hiking the day
on which she would pay the interest on her public debt TN
der such circumstances the public mind will be directed with
peculiar interest the fiscal developments OF the past year
and you senemen and your constituents will hear with
pride and satisfaction that the bold honest, and patriotic
course Of your predecessors in declaring that the State tco
the Isl day Of January, s4s, resume the payment q her
liabilities has been fully justified bg actual results.
s'Bv the fiscal operations of the preceding years the
arrears of interest had been reduced the st Of December
1885, less than million three hundred thousand dollars
Under the provisions of the resumption law of the last session
portion the cash receipts OF the Treasury were intended
TO be applied 10 the payment this interest and great appre
tensions consequently felt lest the amount to be funded
should be large render the existing tax laws inadequate
with punctuay both the interest this debt, and
upon antecedent debt Of the State In last annual
sage and in The report Of the Committee Of Ways and Means
the last Legislature the interest TO be funded were
estimated 81 ZOO 600 and even this estimate intended to
every probable contingency, supposed TO be much
TOO small by those members Of the last Legislature who
posed the resumption bill which happily passed that body
have now gentlemen, the qualification inform You that there
has been pad coupons during the fiscal year which closed
the s OF December instant, sufficient amount 10 reduce
the be funded below $500 600 (which
will, trust, relieve the public mind Of the apprehensions up
this ground which had been engendered by the predictions
OF the opponents of resumption. Demanded believe that
was ~ honor honesty and justice by means
intend mpue 10 those members OF the Legislature
who opposed It's passage well aware that they were
their opposition resumption, by the belief
that the could maintain the high position which she
thereby assumed and fully persuaded that portion
Of the community will rejoice sincerely than those gen.
temen in the evidence afforded of her ability 10 meet all
the liabilities imposed by the passage OF that measure
"The adequacy Of the existing revenue system to maintain
the public faith IL therefore, from its intrinsic Importance,
and by of the diversity of opinion entertained and
pressed BY your predecessors still the subject OF paramount in
the people Of the State and PROPOSE with your
dugcncc examine the question somewhat in detail in the
hope Of removing the doubts of all who will follow in this
important investigation. Nor believe that this inquiry
will be altogether without interest TO of concu-
sons opposed those which shall arrive would impose
you manifest duty make the receipts equal the de-
mand upon the Treasury 10y the increase Of the present
the imposition Of other taxes.
al relieved in great degree from The labor Of this I'M
yegaon by the minute examination of the various
embraced the annual which
have heretofore submitted TO the Legislature and be
permitted refer hose communications for views
Of the policy, equality and justice Of the laws which
have been passed. and for such suggestions experience and
reflection have induced 10 believe would improve the
Of the State particularly from her investments in the
nous works Of internal Improvement shall at this time
strict myself heinquy whether the existing Of
adequate to meet with certainty and puncuaiiy all
the future demands upon the Treasury will every
mind that, in the prosecution Of this Inquiry will be
sary establish preliminary the extent Of the annual de-
ands upon the Golfers OF the State The of the bien
NAL bill will lessen the expenses of the Government by
half Of session Of the Legislature and the ord
nary expenses Of the Sae may be estimated sl2s
The interest the public debt, exclusive Of the
funded debt Of October, lsi7, is......... 65l ,s2l
And the interest Of the funded debt Of October, ls47
is about .................-......... $4,000
Making the whole annual demands upon the State 1894 42l
MAY the receipts Of the Treasury for tine past
be referred TO sufficient establish the adequacy of the
present OF this demand However
may differ the concus,cness of the argument drawn
from this source will be deprived Of the qualification Of
announcing you the fact that the gross receipts the Trca
suy the past year have amounted than 81 300 000
aud than double the interest o the period upon the
whole public debt Of the State will be deprived Of the
still greater qualification Of informing that after reducing
the Of interest be funded below 5000 0O0 the Urea
has provided the January both the sterling
and currency Debts and hash the Treasury the present
than enough cash pay The expense Of the present
session. and the quarters which will fall due In April