Western union. (City of Hannibal, Mo.) 1850-1851, 1851-01-09
Message.

l'uhess VI MessIs' Ahos o. h"-
;, B and S. Richards, we obtained copies OF
M. A., .ment. one day in advance Of the mail
- late ~ furnish /; entire this week, iffron
:, .eugth we could have given it, BY the
! .., mail however, it came generally 10 hand,
aud most Of our reuders have il at large.
We have however extracted, and now publish
some Of The most interesting PORTIONS Of it, en-
| bracing those subjects Of more immediate i'm
portancs to the people.
Orthe political bearings Of the document, as
regards parties the Wings, Ben,onites and
Antie,-ws must submit ii, throughout, to the
critical politician, The Republican remarks VI
it:
| The financial condition of the State is
represented as in Il very prosperous con-
dlion. On the LIST October, 1880. there
was in the Treasury the sum of $iSS, l94-
80. But the revenue for the two years en-
dins October, LIST, 1850, was S52O,735 -:
and il is estimated tina, the revenue Tor the
next two years, il there be no change in
the present laws, will not fall short of ST.
jO,SOO. The amount Of taxable property
in the State is set down at $40, 1851 81;
of which the assessed value OF lands is $751;.
5l2,30l, and other personal property, 81
73l ,5US 20.
| Reference i made Ia the License Sys-
tenn, and the recent decision OF the ou-
preme Court. Without expressing an opin-
ion ON the question, lie leaves it 10 "the
Legislature to determine Il, to the upp,es-
sive character Of the Law As it now slauS.
My convictions lead me to The opinlua,
that il it should be determined 10 lei the
law now remain, and abide the decision OF
the Court, that it should be greatly modified.
The striking injustice and oppressive char
acter of the law, will he made apparent
when you examine the table, Of licenses
prepared by the Author. which shows its
operation"
The three per cent, fund and internal
improvement fund have been pretty well
distributed among the several counties.
JAMES ii. DARLINGTON, Register OF the
State Land Office OF Chilicolhe, has made
no report since October, 1919, although the
Receiver has reglary made his payments
into the Treasury. lie recommends lu,.
Their legislation on this subject.
The state owes the Bank Sl2l, D26 A.
or, at least, mat amount is claiined oy her,
lie Governor proposes re-cosniza'Ion vi
Inc BANK, and the adoption Of sllcn meals
ares as will entirely dlsconnect the State
from it. lie recommends the State to sell
her interest in the Bank, and 10 Withdraw
from the Bank, us stock, the University and
Common School iunds. 1t is believed that
: this object "cannot be accomplished unless
some inducements be offered to private in
divduaIs to buy out the State stock" lie
proposes an extension OF the Bank charter,
aud TO place it undor The direction of pri-
vatc stockholders, with snch restrictions as
may be thought necessary 10 serve the pub
lie interest. lie contempales allowing two
and NAH millions vi private ,tock--the
State rSercing, but not using the other
! two ana Il half millions Of dollars, author.
/, lied by the constitution. lie is correct in
thinking, that such an institution will be
better managed by Individuals having II
direct interest in it, than by those VINO
:, own no stock, and are often appointed
without knowledge OF their qualifications.
W All that the Governor says on this subject
i, worthy OF consideration. 1t is decided.
y the most important part oil the Message,
and If the Legislature act with the same
r liberal and sensible views, their Joint con-
, constituents will have reason to applaud
I their course.
a The State debt is $956,2 but from the
two sums are to be taken which will re.
l duce it to $922,26l 40; and from this may
also be deducted 272,263 30, amount Of
. State stock in the Bank, the interest on
= which is paid by, and the Bank and is re,
). sponciEle for the principal.
o During the year ISL, $2d5,2jl of State
v Indebtedness falls due, and iu.5 has IL be
provided for by the Legislature. ,lo pro-
1 poses an arrangement by which, il The ro.'
. cnue be not sufficient, the University !uu.
i shall be withdrawn from the BauK, an
e used by the State, and the interest pull
by the State.
n Various suggestions are made in relation
' to the assessment and collection of the
# Revenue. These suggestions ought to re.
Q ceive the attention OF the Legislature.
d The Tobacco Warehouse has been bad
!. speculation. 1t cost origionally $25,OOO-
It the interest, at 10 per cent, has run up tc
SlS,333 80; and the only remuGcraline
: compensation has been $4,000 ". When
o afforded for sale some time since, there wa,
only one bid, at $2O,525. lie propose, it,
subdivision into lots, and sale.
t lie argues in favor OF Homestead Ex
i emption.
/. lie has prepared block Of marble iron
4 A