Wisconsin tribune. (Mineral Point, Wis.) 1847-1854, 1850-01-18
VOLUME III. NUMBER l5.

tribunal, upon proper basis, and make it
acceptable 10 the people
The act providing for the publication OF
the revised statutes, made it lie duty of
the Executive IN the name of the State 10
subscribe for. and take when printed bound.
and completed, and in that ace provided
four thousand copies of these statutcs. for
the use Of the State. at a sum not excee-
ding one dollar aad aegenty-fiye cents per
volume, &c Enterta ming tie opinion
that 1t was by this act made the duty Of
the Governor to fz the subscription price
per volume for the statntes [ did on the
first dav Of December last IN the name Of
the State Of Wiconsin, subscribe upon the
Executive records for the number ofcopies
above referred to, and fixed the subscription
price at one dollar per volume for the FIRST
I 700 pages and twenty-five cents addition
al per volume for every hundred PAGES OF
excess over seven hundred pages as by the
act provided
On the same day this number Of copies
Of the revised statutes were delivered at
the capitol BY c. Latham Sholes, the PER
son who received the copy right from the
commissioners 70 revise the laws, and
were By me received and deposited in the
State Library, the work being executed
IN my opinion, as directed by the eact allU-
ded to-
The important commercial interest of
the State. viii not fail to command your
attention, IN addressing congress IN behalf
Of harbor improvements at the seveFsl com
mercial points upon our lake shore Tie
views Of the representatives Of the people
expressed IN proper manner, supported
by useful statistical information. viii have
its due weight with the national legislature
The internal communication of tie c5un-
try. merits no less attention at your hands
: in placing before Congress the necessity,
as national work, Of improving the nayi-
gable capacity Of the Mississippi river
This Is the great outlet of the interior of
the Union, and every obstruction Of this
main artery, traversing its whole extent
from north to south. becomes national e.
VII and should be removed by the nation
al arm. Such action therefore viii re
IceiTe your notice as its merits deserve.
Such aid as can be constitutionalIy given to
encourage internal Improvements by 4ndivid-
ual enterprise, | doubt not, will be rendered
by you Memorials TO congress. asking grants
OF land fer the most important worSs of inter-
nal improvements, viii deserve yonr conside-
ing an entire wilderness, or nearly so. such
grants can be asked with much force and rea-
sonlug for opening some communications be-
tween the waters Of Lake Superior ard ST.
, CToix river. Your attention IS directed TO
these subjects, that such action may be given
70 them as the great interest Of the State has
a right to claim.
The existing law prohibiting the State Treas
urer from receiving Auditors " Warrants in pay
-.f-+ Of
ion, should be repealed; the exigeucy which
|occasioHed its enactment not now existing
The principle of not receiving State indebted
ness, issued forts ordinary and current eX-
peHses. in payment Of its ordinary revenue
levied 10 Iiquidate such expenses, IS Of doubt
fui exPedieHcy, and as the necessity Of this
provision Of law is obviated, it should not be
permitted to remain on our statute books |
therefore urge its repeal.
The State Library Is Of sufficient public in
terest TO elicit your favorable notice. The
present library was purchased In 1887, and
has received no additions of material value
since that time. The consequence Is, that the
law portion of 1t which Is Of the greatest pub
lie value. is very materially lesseaed in its
practical utility. An appropriation Is there
fore recommended To be made adequate to sup
ply the library with the new standard legal
works, and to complete the law reports Of 9TH
CT States now belonging TO 1t.
The events of the past year, connected with
the business Of banking, and the currency Of
this State. render il proper to call the atten-
ti0n Of the representatives Of the people, to
the important bearing these subjects are assu-
ming towards its business relations and mon
etary affairs; to the effort that IS being made
to supply its circulating medium. with bank
ers notes, certificates of deposite or evidences
Of debt, as money, in violation Of legal enact
meut and constitutional law, with the view 10
elicit from them, such legislative interference,
as will guard the State from irresponsible pa
per issues, and vindicate the laws from open
and fragrant violation. individuals, have, with
in the preceding wear, issued a species Of pa
per currency. known as certificates Of depCs-
itc, or evidences Of debt. which circulate as
money. and have upon the strength OF these
issues, II Is said embarked in the business Of
banking Ia lis various branches, which Is
clearly in violation of law, and not warranted
by the Constitution. II matters not what Is
the form and character Of the paper Issued,
whether in the similitude Of promissory or bank
notes. drafts, certificates OF deposlte or any
other written negotiable acknowledged for
the payment Of money, when issued TO supply
the place of and circulate as money; the IssG-
inc power. whether corporate or individual.
becomes a bank Of issue and circulation, and
all the evil consequences, resulting from an II
responsible paper circulation. based upon cred
1t. intended to be avoided and prohibited by
law, will be inflicted upon, and sustained by
the county. The effort Of individuals, to
throw into circulation, as money, their evidence
ofdebt. or certificates Of deposite, has been
encoura I'D by the example set By those exer-
cising tle corporate powers granted by the act
Of the Territorial Legislature passed III 1899,
- incorporating the Wisconsin Marine and Fire
Insurance Company, which issues certificates
= Of deposite in the name Of this company and
gives them circulation as money, thereby ere
ating bank Of issue IN violation Of an act OF
Congress prohibiting Territorial Legislatures
/ from granting banking powers. The act Of
the Legislature referred to, creating this com
+ panv, was in 1916, repealed the act never
: having received the approval Of Congress-
The act cf repeal, did not have the effect 70