The Jeffersonian. [volume] (Stroudsburg, Pa.) 1853-1911, 1855-01-25

ment of schools and 1.-THE promotion OF the
arts and sciences, in one or more semnares
of learning" :" that the advantages Of educa-
tion might be enjoyed by all
To improve the efficiency of this system,
not only by perfecting our common schools
but by encouraging aud aiding lone or more
higher literary institutions, in which teach
ers can be trained and qualified; and to in
crease the fund appropriated to educational
purposes, are objects which will at all times
receive my willing approval. Money liber
ally, vet wisely, expended in the pursuit and
promotion of knowledge is true economy
The integrity Of this system and its fund
must be preserved No division of this fund
for political or sectarian purposes should ever
be made or attempted To divide is to de-
stroy Party and sectarian jealouses would
be engendered; the unity and harmony Of
the system destroyed, and its noble objects
frustrated and defeated Bigotry might re-
ioice, patriotism would weep over snch re-
suit.
In the performance Of the duties now de-
rolved upon me- it will be my desire to add,
by all constitutional and legal means, the
development Of the resources Of the State;
and to encourage and promote her agricul
ture, mining, manufacturing and commercial
interests. A kind Providence has bestowed
upon US, with liberal hand, all the elements
of wealth and greatness. Our valleys and
plains offer their fertile soil to the plough
share Of the husbandman, and reward with
their rich productions his honorable toll
Our inexhaustible coal fields; our rich iron
!
where most required; the interminable for
est, and our rushing streams; all invite the
energy and enterprise Of our citizens to the
development Of their treasures, and promise
rich reward to their labOrS.
The smoke Of our furnaces, the crash Of
the rolling mill, the hum Of the spindle, and
the din of the workshop, attest the energy
and manufacturing skill Of Our people; and
whilst the plough, the loom and the anvil,
mite in the production Of wealth, commerce,
bv her thousand avenues, is bearing their
valuable and abundant products to our marts
Of trade Amidst all these great interests,
and their rapid and almost TOmahtic devel-
opment, It is matter Of congratulatiOn that
agriculture, in its various departments, has
awakened public attention to its Importance,
and claimed and received from science the
tribute Of It's aid Pennsylvania, so deeply
interested in the success Of her agricultural
industry. cannot be Indifferent TO the lauda-
he efforts now making to perfect and advance
this first and nobIest pursuit of man. This,
and all other branches of industry, should
receive tie fostering care and encouragement
of the government.
The interest Of our great commercial en-
porium shonld receive the conSideTate atten-
tioa of the Legislature Her manufactures,
trade and commerce, are of great and increas-
ing Importance, and Philadelphia, as con-
solidated in population, wealth, enterprise
and intelligence, ranks and rivals the first
cities in the Union. To make her the first
among the cities Of our country, should be
the pride Of every Pennsylvania. Her in
lerests arc so identified with the interests OF
the State, that they cannot be separated
withour injury to both A prudent and
liberal system Of legislation, appropriate to
her real wants, would promote her own and
the interests of the Commonwealth.
4 sound currency is essential TO the pros
perity of commercial people. All classes
Of society, snd every branch Of industry,
in their varied interests and econom-
ical relations are interested in securing and
maintaining a safe circulating medium. To
accomplish this result wise and prudent le-
gislaton is necessary. The creation OF a
well regulated and carefully guarded system
of banking is not only sound policy, but ben
efcial to the Legitimate trade and commerce
of the country, and aids in developing heE
great and natural and industrial resouces.-
Our present system Of banking, with the linn
tations, restrictions and liabilities, individual
and otherwise, imposed by law on these in
stitutons, has become the settled policy o.
the State. The checks and guards thrown
around them should not be lessened or re
moved Their own safety and the security
4 of the public require their continuance.
/ Notice of numerous intended applications
I to the legislature for new banks, an increase
of banking capital and savings institutions
has been given as required by the eonstitu
ton. Without desiring to assume hostile
attitude towards all banks, the propriety o
Incorporating all that may be called for, un
der the notice given, cannot be justified o.
defended The eXtraVagant, improper o.
! unreaSONdUlc lucTedSe vi uduho anu Oouhlut
capital, is not demanded by the wants of tht
community, and will not and cannotbe sane
toned by the Executive. The present com
mercial and financial embarrassment Of th
country; the depressed state Of trade, al
past experience, and the more recent e1pe
rience of some of our sister States, as sceI
in their ruined banks and deprecated cur
rency, demonstrate the necessity Of legisla
ting cautiously and prudently on this sub
The number Of banks, and consequent
the amount of banking capital should be tin
tied to, and regulated by, the proper dc d
mands Of active and healthy trade, and tn
actual business wants and necessities OF tb
community This policy, honestly Insiste
upon and pursued, would protect the cour
try from the disastrous consequences OF III
provdent banking An extraordinary all