The daily comet. [volume] (Baton Rouge, La.) 1850-1856, 1853-01-18


sioners, having the matter in charge,
have had several meetings and examin-
cd various plans, which have been sub.
mittcd to them, but nothing final has
been agreed upon. The great difficult
ty is, that the amount of ,acansih their
hands is inadequate to the end to be
accomplished, and ] would recommend
that such additional appropriation be
made by the Legislature, as will enable
the commissioners to erect u Monu-
mcnt worthy the man and the OCCASION
it is intended to commemorate.
The stone for the Washington Mon
uncnt, ordered by the State, has been
provided; ! feel much indebted to
Senator Downs for his friendly aid in
its preparation.
During the past year, n letter was
received from the American sculptor,
HIRAM PowErs, who has been en-
ployed to produce statue OF Wash
ington for the use Of the State, giving
information of the progress Of the
work, and also d draft on the State for
n portion of the money appropriated
for this work to be executed by him
As the last Legislature had omitted {"
renew the appropriation for Ibis work.
and that previously made had expired
by constitutional limitation, it became
necessary in my Judgment to borrow
the money to meet the draft, and thus
sayc the credi. Of the State, and pre-
vent embarrassment in foreign land,
to one of our most worthy and distin-
guishcd country,ncn In connection
with Hon. Charles Gayarrc, secretary
of State, | borrowed the sum II $4,000
from the Louisiana State Bank, to be
paid ON The first day Of February OF
this year. our joint note beng gwen
for this sum, md have to nsk that
provision be made Immediately to meet
the same, and that the balance Of The
former appropriation be renewed. We
were informed by Mr.. Powers that 'he
statue wa4 in progress, and would be
completed during the present year.
The quarterly reports Of the Beard
Of Currency show that our Banks are
IN a most sound and safe condition. In
deed. the great abundance OF money in
the country, il eyinccd by the tnct that
The Bank have a much larger amount
oc spccic in their vaults, than their
whole circulation. No Banks in the
Union are in more safe and reliable
condition, than ,hosc ct Louisiana
According to the. statement OF the
Board, made ON the Both December,
1882, the amount of circulation 81 the
Banks was $5,l00,0iG, While the
specie in their vaults was $S,2O7, OF.
Owing to the change introduced by
the new Constitution, Of holding annual
instead of biennial session ofthe Legis-
la,ura, the usual reports from public
institutions have not been so promptly
presented asihcy will doubtless here
after be. We may expect in time, for
any necessary action Of the Legislature
reports from the University Of Louis
iana, and the Charity Hospital. The
frs, of these Institutions continues in
successful operation. The wants Of
our great city demand such an institu-
ton. and it should doubtless continue
to receive the fostering care of the
State.
The latter is ono of the noblcst char
tits of our country, and although it is
n source of considerable expense TO the
State, still I advise that the usual ap-
preparations for its support be made; ;
the commercial interests of our State
and city requires this at our hands, and
Judge few would be disposed to with
hold it.
In few days after the transmission
Of this Message to our honorable body,
my official connection with the affairs
of the State will terminate | rejoice
that in rctiroing from public life, J
leave the State in 50 Furnishing con
diion and cheering prospects, and that
am surrendering the Chief Magistra-
cy of the State into the hands so worthy
to receive it, and SO capable Of sustain
;., ;,v ,1;o,ni.y # = .,rn. ,uI its raannp