Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1855-10-18

cred to the dPreSldent OF SAID; con
pany; this was deemed a complet
texecution of the law, leaving the Gol
ernor after its execution no contr(
tower. the subject whatever. There ]
no law conferring power on the 'Ez
ieeutive where bonds have been mis-
placed OF destroyed, upon appllca
ton to him., to issue other bond
lin their places, whether they hav
been endorsed or loaned, held by com
I panies or individuals. The eXercis
| of such a power on the part Of tn
/ Governor, iathesabsenee Of law, woul(
be setting a dangerous precedent
which might open the door wide t.
fraud and speculation by all unscra-
fpulous persons into whose hands thf
bonds Of; the State might fall, whicl
had been loaned to, companies, to aid
in works of internal improvements
or those that had been endorsed OF
guaranteed for the same purpose
The second OF third holder of bonds
WHICH had been transferred by any
internal Improvement company, in the
event of the loss or, destruction OF
the bonds in, his hands, would have
the same right to apply to the Gov
ernor for the issuance of new bonds
in consequence of the loss or de-
struetion Of the old bonds, so transfer
red, that the company had who first
received the bonds from the State. 1t
would be unsafe and. dangerous to
confer any such power on the, Execu-
tive, thereby leaving tito his discretion
to determine the nature and character
of proof which would authorize him
to issue bonds in all cases where they
might be representedas being lost or
destroyed. All questions Of this
character should be provided for by.
direct legislation, and not left to Ex-
ecutive discretion, zar q 80
Taking this view of the subject,
the Governor declined to endorse and
guarantee the ninety-live bonds al
ready referred to. In reference to
the actual destruction of the bonds
il the present case, the Governor had
no doubt of its having occurred as rep
by the President Of the com.
Edwin H Ewing, nsq, and
at The time the application was made
for the endorsement and guarantee OF
the bonds, he felt more anxious to,
accommodate them and the company,
but declined doing so for reasons
already given. The whole subject is
therefore submitted for your consider
alton and action, and will be disposed
u. as you may hereafter direct.
S-5 Public ROADS. 81
I would also call your attention to
ny former recommendation on this
subject: i I
aOur whole system of public roads
S exceedingly defective, perhaps more
70 than in any other State in the
Union, imposing the burden of keep
NO it up upon thatportion of our fel-
ow citizens least able to bear it, and
Who have the least use for it after it is
Kept up. Many persons are compelled
% work on the public road many days
n the year, who have not the time to
,pare to do SO, without pay, and thei
necessities of whose families need the
proceeds Of their entire labor for their
while onthe other hand there
ire many who are exemptby law from
on the public c'roads, who are
either able physically to work them,
II pecuniarily to pay for having il
lone, and who derive the greatest.
Jeneft from good roads when they
ire made, by the enhanced value good
'oads impart to their property, and
,y increasing the comforts and facil-
les of travelling over them. Inview
If changing or modifying our present.
system, 1 most respectfully call your
to the system of keepingnp
,ubIic roads in the States of Ohio and
Pennsylvania, where property and
,ther taxes are levied for the purpose
# keeping up the public roads and
highways, and thereby carrying OUT
he principle, that the individual who
leriyes the greatest benefit from hay-
NC them kept up, and in proper con-
lition for the travelling public, shall
,ay correspondingly for the benefits
hus conferred. All persons should
contribute to the support of the gov
under which they live, in pro-
,ortion to the protection they may
eceiye from it. Our present road
ystem, it must be conceded by all,
perates most unjustly and unequally
asg 81 ,asshUt 10 f93mGq sl18g adf
srdi oinf ,olds3ij9sIg 81 eem as.