Southport telegraph. [volume] (Southport, W.T. [i.e. Kenosha, Wis.]) 1840-1850, 1850-01-18
The Gelesrapb.
C. l.. SHoLEs. EDITOR
Friday, January rs, 1850.
THE GOVERNORS MESSAGE.

I THE GOVERNORS MESSAGE.
We are late in getting this document before
our readers, but no doubt they will think of it,
better late than never. 1t will repay perusal
though as the Governor says, the heads ofdepart-
ments not being required to communicate thro'
him, he is unable to make a complete expose of
the affairs of the state The Governor objects
to the frequent changing of our laws, and thinks
our statute book should remain unalLered until
experience demonstrates the alterations necessa-
ry to be made. We quite agree with the Gov
ernor in this, though we think he rather nnllifys
his own conclusions in the many changes he
suggests On the subject of taxation, county
courts, and auditors warrants, we quite agree
with the Governor, and so voted when the laws
were being framed. But the majority thought
otherwise, and we don't see why these sugges-
ted changes should not be left to the test of ex-
perencc, as we'll as CT argos which others desire.
We agree with the Governor too, in the opin-
ion that it would be very bad policy to enact any
kind of banking system. We are quite conf
{
beneficial to the state but we do not mean to
say that paper may not be necessary in the pecu-
liar business of the country, or beneficial to it.
but it must be in quantity and kind such as grows
out of the business of the country, and not such
as men who know nothing about the wants Of
business, shall patch up, and devise and fix for
it. The business of the country has certain
wants, and the same laws which originate the
business will supply the wants, provided quacks
will keep their bands off. The great evil is, in
endeavoring to regulate by Legislation that which
cannot be regulated, any more than the products
Of the seasons can be regulated Laws are made
and banks are planted in regular rows all over
the country, and grind out the paper without re-
gard to the wants of business. We cannot I'M
derstand why banking should be placed on foo
ting diff@rcat from any other business-whv
note given BY Alexander Mitchell should be held
so much more sacred than one given by us
Whether note be given for merchandise or for
another mans note il is a fair business transac-
ton, and the laws which govern one should be
sufficient TO govern the other A mans ability
to circulate bis notes as money should depend on
his real means, and not on the enactments of the
| law, which only help men who do not deserve it
to a credit Thus whilst we agree with the Go
vernon in deprecating all banking systems, we
should probably differ with him on some other
points. Ii the Milwaukee Marine and Fire In
surance Company is doing business on the
strength Of chart 7 from the state, the author
lily should be withdrawn, and if the company or
any individual is not responsible for the issues
as for any other debt they should be made so, and
then let alone. This will leave the business
just where it should be, and the company would
stand or fall according to their real capacity.
If it is desired, we hope the question of Bank
or no Bank will be submitted to the people, and
after it is, voted down. Then let business orr
ginatc its own poper,.and let all debts rest on the
same laws for their collection