Port Tobacco times, and Charles County advertiser. (Port Tobacco, Md.) 1845-1898, 1854-01-12
TIE GOVERNORS MESSAGE.

The annual Message of Governor Lowe
was made to the Legislature on Saturday
last. Being unable to publish the whole do
cument in our columns this week, we avail
ourself of the following recapitulation of
the principal topics of remark continued in
it, which we copy from the San:
After suitable acknowledgment of Pro-
vidential favor, the Governor renews the
suggestion he had before made to the lcgis-
lature respecting modification, or gene
raj revision of the criminal code of the
State.
The exhibit of the condition and busi-
ness of the Chesapeake and Ohio Canal is
rather favorable, showing a considerable in
crease in the amount of tonnage transport
ed on it, especially of coal, and indicating
steady enlargement Of its operaiions.-
Some forty or fifty thousand dollars are re-
quifed for repairs, after which, j. is hoped.
that business will be done with less liabili-
ty TO Interruption.
The affairs of the Baltimore end Susque-
hanna railroad are brought into review, from
which we learn that the company have paid,
since the close of the fiscal year preceding
the last message, only $4,000 on account
OF current interest, the revenues Of the road
having been since consumed in improve
ments. The propositions of the company,
made to the last legislature, with view 10
financial relief, are stated as follows. either
Of which the State is desired to accept:
First. The SAFE is asked 10 retire from
its position as preferred creditor, and leave
the company al liberty to confer thai PRIOR
lily upon new Indebtedness the State to
reserve the second place 10 the obligation
of the company. Secondly, that the State
should, for the whole amour, of the COM
pany's present Indebtedness to it, place itself
in the relationship Of simple stakeholder,
which would as in the former case, leave
the company in the free use of its credit,
and with power 10 confer priority upon the
new Indebtedness. Thirdly, that the State
should consen. to ga sale of its interest in
the road" The message objects 10 the last
proposition, on the ground that it involves
too large a sacrifice of probable interest !;
and to the second on constitutional grounds.
fthe legislature is disposed to adopt either,
upon renewal Of the propositions as de-
|signed by the company, The first is recon-
mended 10 their appreciation as most desira-
BILE.
The prospects of The Baltimore and Ohio
Railroad are discussed with unlimited con-
idence in its future prospects, ue.ived from
the certain growth and inexhaustibIe resour-
ces of the interior. The operations of the
Washington Branch are shown TO have
been highly favorable under the reduction
of fare, with an increase of revenue amount
ing to $36,4OS.
The Susquehana and Tide Water Canal
Companies have paid the amount Of current
interest, less some $500, and The Preside6!
is confden, that j: will continue 10 be pune
iually met in all the future.
The indirect revenues of the State are in
sound and progressive condition. The
increase from clerks Of counties Of the last
year over the preceding is 1856 So; from
Registers Of Wills, the increase is $1,000 so.
The returns from the clerk of The Superior
Court of Baltimore city show an increase
over the preceding year Of S2,3S0 40; while
the receipts from the clerk of the Court Of
Common Pleas, are less by $2,O42 81. A
full estimate Of the revenues due for the year
from the City ofBalsmore cannot be pre-
sented, as no report has been made from
the clerk of the Court Of Common Pleas
since June last The returns from the Re-
gisler of the city show an increase for the
year of $S7625 Is.
The finances of The Slata are in highly
prosperous condition, and none Of the inju-
rious consequences which it was apprehend-
ed by some would follow reduction of the
taxes have been experienced during the past
year. Indeed, all the favorable calculations
upon which the Governor predlcaled his re-
commentator of that measure, have been
so far fully verified.
The receipts for the year ending Novem-
Der 3Oh, were $1,3S7,972 10, and expend-
lures, including the October interest, of
course, $l,193, 500 SO, leaving balance in
the Treasury of l94,492 60. During the
year S55,O36 GS, were dsbursed in favor
of the sinking fund, and 1890 81 to the
redemption Of State stock. These two last
amounts included, the surplus revenue for
the year is seen to be $500, 429 60, after
paying >S673,37l 73 for interes. on the
public debt, and 1852 ,l7O 81 for all other
purposes. From this is inferred the pracsi-
cabil,y Of further reduction of taxes. al
the next session of the Legislature of 1856
1t is worthy Of remark, also, that the ex-
penses within the last few years have in
cluded upwards of 100000 on accoun! of The
Constitutional Convention, and the unusual
cost offending two annual legislative SEES
sions wi,hou, the constitutional limit here
tol,re provided.
AT the close of the fiscal year 1852, the
Sinking Fund amounted to $2,72S,O76 Oh
and on the 3O,h November last, TO 81 ,922,
$50 81. Hisnow a lille over $4,000 900
The repeal Of the Stamp tax is earnestly
recommend. The receipts from This source