The Bedford gazette. [volume] (Bedford, Pa.) 1805-current, 1858-01-29


those Interested in legislation, by continuing
them Tor an undue prtiod in uncertainty as to
the fate of bills in which their rights, their
property. or thrii business may be involved.
These are evils which an Executive NAV obviate
by settling his policy firmly IN the outset OF his
administration. Ii would be we'll, also, for the
legislature to 50 shape It's action as 10 avoid the
necessity OF sending many important bills TO
the Governor in the closing DAYS or hours OF a
session.
Fdio,r CHi-ens Although it viii not be
expected hat J should al this time discuss in de-
tail th" particular questions which will proba-
hIy come before the government during my
trrrn, desire briefly 10 give expression to the
general virwS Of public policy 10 which hold,
in their application 10 practical issues now pend
ing. The currency OF the State is in such
dSordsr-l condition. that a general and whole
some public opinion demands IT'S reform, and
thr establishment of rlrctuai barriers against
future convulSions This is a subject which will
test the intrlIigpnce, the hrmness, and the pa
iriotism OF the Representatives Of the people IN
the Legislative department. and NAV impose
gray responsibilities upon the Executive NV
views are drCid~dlY hostile to the emission and
circulation OF small notes as currency 10 thp
incrra<t' Of Banking capital undsr present ar
Engagements and 10 lhr ISSo' ut bank paper
upon securities Inadequate for their redemption
~ "ahi oi uniformity IN the legal provisions
under Which eNi>iIhg banks operatr- IS oblec-
iIonaoir. IN the revision and amendment Of
our banking system, The public interests IN my
OPINION drnand the extension OF tn" specie ba-
SIS upon when issues are made: tAr SnpprrS- /
SION OF the smaller denomination OF notes here
ioiorr allowed thorough reports OF the condl- /
non ana BUSINESS oi bankS with their frequent /
Pn0HcalIohS additional security, toth"r than
SPrc'rj 10 consist of the bonds OF tins Stale or of
the nitrd States, for thr redemption at circnIa- (
'ihg notes. including IN All cases proper indi- .
tia"ai Ha5ih'P ot stockholders and directors +
h'trd Tor CONVENIENT ana actual enforcement: t
VII" supervisory ana controlling power m
some proper olhcrr or department OF the Cow
eminent 10 restrain or suspend The acton Of
oahkS 10 case OF ihelr violation or evasion Of
Tue laW'
"hrh SPPcle currency shaIi ne secured TO
'ne people oy promoting the Circulation OF blls
o' a small athom'haiion' II w'!t De highly desi-
Fdpie lat me hseai atiairs OF me Stale govsTn-
) ,''Fn' S"ah o' "ho'P separated iron those OF the
nuns ~ ''''T' WORDS. '.'a' tr money lransac-
4
~, >''d'' " III me iP|ai com OF
w ,'"",' he"t'rF a practicable, conVe-
~ anu ''i'''T"' '"T''e i"F 'hr operations OF
'uF 'I5aSuFy upon S"ch oa>'S can BE- present.
~ '''7 " '''r NFF''sTnlaLl'TS "t the people.
:, " ~ ',lFFt "i'h Cheerful approval. There
u" Wv Ia>V' however iaf greater
'''"" NUS S"'"ount'd oy me general govern
- - we >'aoS.'I,7h' o' lis independent
u
''." '''= ="''u''r' ana Cd'cuIaiPH 10 exercise
,.o,,,.,, t''" '''e a'l'oh o. me
"'''7"'' a"u upon t0' business "i the banks
sI,r,,ol, 0i'''' . "''' "o''"y o' earnest CON
'''' S'l'giT STATE can
.'''' ~ ',''4F'"lT amount OF good,
=, = '''' an" 'dFpeSt Il may
,.'' OF o'oeTNiateS and
- " '"">r N'hCh aoJoh II. Bank
s.. '''l W" ~ '''''F now ny imaginary
,I,.l '''' '''> Il seem I'oSSloi' Tor State
w. t''S F''' ''' '"'eS from cIcnia-
80 '''''' '''' "o' w.. ; eve" oY 'nS most Slrln-
,"N '''S' We must therefore, invoke
','''' i" jo'" WIN Us ~ the repreS-
Fa''F'' ".'0 !" Sucn oth'F Fartlcu-
- ~ - rfn,,F io' ConPiete success
a''''' "tpah'i'np 10 tn" extent Of .
~. I'' 'N 'A''t ourselves {" furnish our
.. ~. -" Sa'T an" S'ap" currency; oprr-
s.' lu,'''r ''aa''c''' commissions sinIar to that
',,,. ',e community ''as ior some time
NY anu 10 TeH@'e me government
~ ''>td' '1''"H rom me Danger OF dePrecla-
"g T"',I''Tss iai'rF' ana me embarrassmentS
'>'.,- ''''" "Fl'F"u'"eT upon oorporatlons Of
IT. I'I- '''"'"n'
~ P'"P'e oi. pennsylvania by the recent /
''''''' =. al 'r"p"nnent 10 toe Constitution Z
" ''lF 0'JT't o' fuohc Indebtedness, have i'm c