The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1853-01-12
GOV. wrigh,,s Message.

Gov. virgins meseagcs
The following concise extracts from the
Governors Message, viii show generally, the
condition of the fna.ices of the State, and al
though the expenses of the last year have
been extravagantly increased the treasury is
able to meet all liabilities:
It is no small qualification to be able to an
nouce that the financial condition of the
State is still improving. The total amount
of revenue paid into the State treasury aris-
ing from taxation, during the fiscal year just
closed, is 1858 ,099 OF, exceeding that OF the
previous year i'm the sum of $l5a,S rs. ,...-
The ordinary expenses of the fiscal year
amounted to Sl6O.3l2 90, being an excess
over the previous year Of SoS,502 80, arising
chiefly from the length Of the Legislative ses-
sion, and expenses necessarily incident to the
revisions of the statutes.
In the mean time the principal of our debt
has been diminished the sum of $4,000 by
the exchange by the Auditor of State OF SAL
$50 of. stock i'm the Madison and Idianapolis
Railroad for two and one-half per cent, bonds
Of the State, and by the redemption in cash
at the State treasury of $4,000 of treasury
notes.
The ordinary expenditure of the State
Government for the year 1853 are estimated
at Sl25, 900. and for the year 1854 at 10000,
for viii. h provisions should b made by the
Legislature at its present session.
The sum set apart by the last Legislature 70
be applied for the liquidation of the principal
of the public debt, although perhaps sufficient
for q commencement, is entirely inadequate
to diminish the debt as rapidly as lis magni-
tude and cur ability require and would Justify.
The actual levy to be devoted exclusively to
this purpose should not be less than i've cents
on the hundred dollars, valuation of taxable
property. With such an appropriation and
the application of the money to be received
from the Madison and Indianapolis railroad
company, to the purchase of % and per
cent more bonds, more than half million oil
of our Indebtedness may be absorbed within
the next two years.
The object of the law passed at the last
session to authorize and regulate the bust
ness of general banking" was to furnish the
people of the State sound circulating med-
um in sufficient quantity. The want OF ad-
ditional banking capital at various CONNER
cial points had been sensibly felt, and IL was
hoped that by throwing the business OF bank
ing open under proper restrictions, to all who
might choose to engage in it, Increased facil-
tiles would be afforded to those engaged in
commerce, ard that the public interest would
thereby be promoted The experience Ufthe
past year has, however, already shown that
these restrictions provided by the law now in
force are insuflicientto prevent the abuse OF
the iviledges therein granted.
Under this law there have been organized
sixteen banks, or banking associations, with
capital of two millions three hundred and
s'xty-five thousand dollars. Six, represent
ing a capital of one million one hundred and
fifty thousand dollars, are said to be doing a
legitimate banking business five, With a
capital of eight hundred and fifty. thousand
dollars, have not as yet received any notes
for circulation. The whole amount of stocks
deposited, up to this time. is nne hundred
and ten thousand dollars, all of which are our
own, except eighty-one thousand dollars.
The remaining FIVE banks, with a capital
of three hundred and sixty-ive thousand dol
lars, have a mere nominal location, all OF
their notes being put upin packages as soon
as they are signed by the auditor, and carried
to sorle distant city or State for circulation.
| X
The report of the Trustees of the Wabash
| uhu ftt Ou III pocoNSS4Oh VI
the progress and management OF the work
the past year. There are many interesting
questions presented for your consideration.
The tolls and water rents of the past year
received were Sl93,400 Is, being an increase
of Sl4,ll9 ~ over the corresponding period
of the year Immediately preceding.
! The amount realized from the sales oil
land in the two districts, and collected from
| la;x
increase over the same period of the year
preceding of Sl47,52l II.
This work has progressed rapidly during
the past year, and no doubt is entertained
that, by the first day of March next, the wa
ters of the Lake and of the Ohio will be unit
ed, and the entire canal from Toledo tc
Evansville, a distance of four hundred and
sixty-fve miles, will be in successful opera.
ton.
This work conducted with such energy
viii be the longest line of inland continuou.
navigation in the world, and its completion
will form new era in Indiana.
The canal runs through a country unsur.
passed in all the elements of wealth, and
and will give new impulse to great agri-
Gu tural and manufacturing interest, thai
heretofore has been deprived o, market
HANDSOME WoMEY.-You put this ques-
tion-how comes it to pass that so many OF
your handsome women are exceedingly To-
norant and childish in their manners, 1 be-
lieve can account for it. 1t is not that La.
ture has been less kind to their minds
because lavish to iheir bodies: nor that they
are born with less capacities than others, but
because they neglect to cultivate their minds
and to improve their mental faculties; ant
they are vain, and desire to please and to be
admired. An ill-favored woman knows thai
she cannot be loved for her face; this induces
her 10 endeavor to draw attention by her in.
| teliGence and wit She annlies her mind Il