The Empire County argus., 1854-01-14
From the California Chroniclc.1
GOVERNORS MESSAGE.

We have before us the Message of bis Excellency
the Governor transmitted to the two Houses of the
Legislature.
The late hour at which it reached us prevents
our giving our readers more than synopsis OF its
principle points.
II commences with an Acknowledged of the
protecting care and guidance of Divine Goodness
and suggests gratitude for past and fervent suppl
cations for the future.
Gov Bigler declares his determination to discharge
his public duties in accordance with his 9 convic-
tons of right and justice and i'll strict compliance
with the Constitution and laws He speaks con-
gratulatingly of the health, plenty, mineral wealth.
agricultural productions commerce, and ali other
sources of wealth of the State.
The total debt of the State, exclusive of the
Sch Fund, is S3,00l l5j 70, and including S463-
$50 received for School Warrants, S3,4G4,Sl5 10
The adjusted Indebtedness of the State'on the 3lst
December was S12l2,339 "A.
Amount of Indebtedness incurred prior, but not
audited until after January l, 1852, Sl,052,490 90
Amount of actual debt on the lst January, 1857
S2294 $50 &C.
Amount appropriated by the Legislatures of 1852
and 1853 for special objects unconnected with the
administration of the State Government, S436-
$50 7S.
Amount of actual debt on the lst of January, 1852
and special appropriations by the Leg islatures Of
1852 and 1923 S2,73l, ,18l A.
Since the lst of January, 1852, of the then al
justed debt, in the shape of three per cent Bonds
redeemed including interest," there has been paid
in coin S272,978 IL.
In seven per cent Bonds due in 1865 and re-
deemed, there has been paid in co'n since January
|, 1852 200.
Total amount of coin paid in the redemption of
three and seven per cents of 1850 and 1851 S349,-
97S IL.
The whole amount of three per cent. Bonds ORR
ginaly issued was S290.0Q0 upon which interest to
tba Of has hann
sive of the $5501 25, due on the $4075, still out
standing.
The receipts and expenditures for the ensuing
fiscal year, estimated by the Comptroller as fol-
lows: Receipts, S7S0,000; expenditures, S960.0O0.
Amount of real and personal property in twenty
seven counties returned, sol ,33S, 175.
Estimated for the other counties sufficient to in
crease the same to the sum Of 500, 100000.
Estimated cash receipts from Dec. % lo53 to
April Is, 1854. $4,000.
From sales Of property in San Francisco, $500
000.
The scheme of extending the Water Front of San
Francisco is again urged upon the Legislature. The
right of the State to this property is argued at some
length. A Board of Commissioners is recommend
ed for carrying out the plan in the law shall
be passed to extend the front of the city. The
practicabity and advantages Of the scheme are also
dwet upon. The reservation OF slips is recon-
mcnded.
The amount due the State for the sale of her right
in the Reserves and in property released to the city
by the sale of December 26 is S29S, ,43l, and from
sale of property by State Commissioners, S413,4o
total S77l ,9l2. OF this amount the Governor thinks
that $650,00O can be applied as received in part
payment of the civil debt of the State
From all these sources the amount which will be
realized, it is confidently believed, cannot be less
than seven millions of dollars amount suficien,
to pay the entire debt of the State civil and war
and leave in the Treasury II balance of more than
three and half millions.
"Beforc dismissing the subject, would remark
that it may not be necessary, or advisable, to sci
Immediately the whole of the property within tho
proposed extension, but only so much as may be re
gured to liquidate the existing State deb leaving
the surplus to be disposed of the future wants
the State may demand.
If. however, the prosperity of the city, and hel
rapidly increasing commerce, should demand the
immediate sale of the whole of the property,
would respectfully suggest that the balance derived
after the payment of the Public Debt, be invested
in the United States Six Per Cent Bonds. The an
nual interest the surplus of three-and-a-half mil
lions, estimated, would, at six per cent. amount
to $4,000
This sum .judiciousy expended annually for ne
cessary public works at San Francisco removing
obstacles to the safe navigation of rivers, abov,
ports of entry, and in improving public highways
and building bridges where necessary for the public
convenience throughout the State in Il few years
would eject a mighty chanSe III the coholtioh o
California.
Judicious legislation alone is now wanting to Sc
sure all that is claimed, and in the premises more
than realize the expectations OF our common con
sttuents.
To meet the accruing interest on the civil debt
the sum of one hundred and sixty-fvc thousanc
eight hundred and ffty-fve dollars and twenty cent?
must each year until the debt shall have been paid
be collected in cash from the people OF the State
The amount of interest accruing annually ON the
war debt is SCI, ,495 60, which, added to the inter
est on the civil debt amounts to the sum of S223,
$50 49,"
The receipts into the treasury for the fisca
wear, ending June Both, 1854, are estimated a
S78OOOO, being an excess of $226, 900 over the av
erage annual expenditures as exhibited by state
ment g."
His Excellcncy recommends efficient effort to ob
tain from the General Government the entire amour
of the civil fund.- which amounts to more than ;
million of dollars
A speedy liquidation of the State debt is urged
and also tIe assumption on the part of the Genera