The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1857-12-09
TILE DISPATC II.
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The Governors Manages.
We hastily referred In yesterdays Di1utch to
the Messages OF Governor WISE. Not having read
tue third we merely referred to one Of the topics
IL discusses. We low propose to give hurried
sketch Of It's contents besides briefly referring to
some points in the other Messages.
The third Message opens with statement OF the
reasons which CAUSED the Governor TO decline ap-
pointing Day of Thanksgiving for the Fruits OF tn"
Earth--he having received several communication
urging him to appoint such day. lie did not ia
cline, no says, because he was "unmindiui Of 1ods
providence to his people" but because 1.-THE state
officers have no power to interpose in religious
matters, belonging exclusively to private inaisi,
duais and their voluntary church organizations.
The absence of an established religion, he says,
" sets Us free praise God in our own way anu
any recommendation Of worship by the state OF
its officers, in any FORM " would be a sort OF COP.
strant on the people, who have forbidden by their
constitution the inteTmeddIipg with such matters
by political power" lie thus concludes his re-
marks ON this head Two of the worst avis oil
the times political religion and religious po,tcs
| am not constituted and appointed to handle goa
holy things, and will not dare hypocriticaliy ana
cantingiy to huck,ter them In the market OF popn-
iarity among men,"
Centres Of Trade and Public IForks--In his FIRST
message, Gov. WISE assumes that there are thir-
teen principal centres Of trade viz: Two primary
national centres, the one the importing centre,
New York, the other the erporring, New Orleans
The remainder he considers satellites compared
with these. They in the Northeast, Boston,
Philadelphia and Baltimore; in the Southeast
Charleston, Savannah and MOBILIZE in the North
West, Cincinnati, Chicago, Buffalo and ST. Louis;
on the Pacific San Francisco. lie shows, by eat
crate tables developing the circulation liabilities
and resources of the Banks of the different States
how the great centres draw towards themselves
capital, and how they control exchange. In the
division of the States in this poiiticocommercial
view of the confederacy he associates Virginia
North Carolina, Tennessee aud Kentucky. These
-four great central, middle, Atlantic and Ohio
front States, slavelolding, tobacco growing and
bresdstuG producing, agricultural and grazing
states, full Of iron and coal and copper for mi
ming, have no centres of their own, but are dos
South, East aud West" The Governor reasons
that for the want of such centre, the balance Of
exchange is against US notwithstanding that the
balance of trade is in our favor; and lie urges
the only means of establishing centre, the conf
pletion Of our great works connecting with the
Ohio, and completing railroad communication
with the interior of North Carolina and Tennessee
thus giving those States free communications
with the Chesapeake The trade that would thus
be drawn to our wharves ON the Chesapeake, lie
thinks would ensure to US full foreign trade and
establish that centre, for the want of which We
make such sacrifices. lie says that sit would not
be perhaps hyperbolica to say that the total want
of that control will cost Virginia more in this
year than would the completion of the Covington
and Ohio Railroad in the next five years to come.
In the list of public works he places the James
| Ricer and KdndDhd canal first lie recommends
the conversion Of the debt due by that work to the
State into stock.-he State to take its portion of
the debt ia preferred stock and to sell 10000 shares
for the further construction of the works.
The Cortngton and Ohio Road he places next in
the order of Importance. Two millions per an
nun he thinks can be economically applied to this
work, and he advises anappropriation of 81 100000
the present year. He says there can be no risk in
making the appropriations if no money can be-
raised none will be spent and if none be appropri-
ated ao,ie w'a be expended, though some might be
| raised.
The Governor reasons that we can have no cen
tire of trade without our public works, and that we
cannot recede now from the system We have pro-
jected, without loss Of capital and ofrharacter-
| lie recommends the following appropriations:
| To the Covinston and Ohio road, say $1,500,000
| To the road between Charlottesville and
Lynchburg, 250,0O0
| To the Norfolk and Petersburg road, 100000
| To the York river railroad, 100000
| 70 the clearing of james and Appomattox
rivers. 100000
To ether works, as it may be distributed, 2U0,0UJ
s250o,0Oo
| The Governor advises the granting Of the right
! of way to continue the Winchester and Potomac
| Railroad up the valley to Strasburg or other
poiats, to give it a through line along the val
o..
| With regard to the Finances, the Governor says
there will be no necessity TO increase taxes. The
temporary debt is reduced from 81, $4,000 $40
0o0. lie advises that authority be given to issue
$500 900 of treasury notes the chief burden of
the public debt falls on the current year 1878.
The Sinking Fund is operating well and is fruit
fully administered. The whole amount of interes.
due on the public debt the lst January next
provided for; the Banks having rateably, in pro-
portion to the amount of their notes held by the
Government, furnished the specie funds for this
purpose Besides the interest on the public debt
proper, the State has provided tor the interest on
s30UOOo of bonds, hypothecated by an agent of the
Board of Public Works a few years since, in New
York. Since the LIST January. 1876. 81, 0s59 Is
of the principal Of the public debt has been sunk,
and of that amount S453,097 has been sunk in the
last two years The total amount of the public
debt is now reduced to SIT .4S2,9l5 Is cents.
During the interval between the last session and
this it was found impossible sell the State bonds
at par, aud the contractors the Covington and
Ohio Railroad could not be paid. Their bills were
therefore endorsed by the Board of Public Works,
to be paid when there was money in the Treasury.
These were sofia in the market at a discount OF
Is per cent; while the Commissioners of the Sink
ing Fund buying the bonds Of the State issued
prior to 1852 at 81. AT the suggestion of the Gov
ernor who thought it unjust that the contractors.
the State creditors should lose Is per cent while
the State was making s, the commissioners agreed
to take from the contractors the stock of '52 at
par. issuing new stock in place Of it. So that the
contractors made the per cent, which covered to
that extent any sacrifice they may havo made in
selling the new stock. This was very just.
The Governor advises that the Legislature shall
enact that none of the State bonds shall be re-
deemed or purchased at less than pa hereafter.
TurStion-The Governor advises that some
amendments of the Revenue laws be made to BE-
cure more just mode of ascertainiug the value OF
taxable property. He advises more equal tax
up.n brokers, according to their business, ranging
from $50 to $500. lie advises modification of the
tax on merchants licenses, which he considers too
high upon the retail merchants
Increasing Rerenue-IIe urges again the propr-
ETY. of taxing oysters, and as additional means