New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-01-22
COZ. RANDALL'S MESSAGE.

The Message Of the Governor Of Wisconsin COM
mences with statement respecting the financial con.
dition Of the State. 1t appears that in every year
since the State Government organized llSi9,
the current expenses have been underestimate by the
successive Secretaries OF State, while the revenues in
most instances have been overestimated The State
expenditures having been provided for the basis Of
these incorrect estimates deficit floating debt has
accumulated to the amount Of over $3.50, 900.
The expenses of last year, actually paid, amounted
10 $ii2, 7j6, but this included $4,000 which may be
set down extraordinary, having been applied to the
enlargement of the State Capitol and the completion
of the buildings Of two OF the benevolent institutions
supported by the State. The estimates for the
year-defcit included-amount to $J!j,S?i, while the
receipt to be expected fall short Of that by
than 100000. Yet the Governor thinks that with
great economy expenses may be so regulated that
it viii not be necessary TO increase the State
tax of 100000. This s on the presumption that
$50 600 III bonds falling due this year be replaced
10y bonds. II. however, it shall be found that
money is needed, the Governor goes for an in
crease Of the tax The assessment laws need revision.
The productive School Fund now amounts TO over
$3000,OO0. The number OF persons in the State he.
tween four and twenty entitled to share in the dstrbu.
ton is al Gi7. The number Of pupils in actual at.
tendance the past year was 1885, 6l3; schoohouses in
the State, 99ij; average monthly wages of male
teachers S2i Co. of female teachers SO 10; amount
airport oned from the School Fund % cents to each
pupil. The apparent amount to be apportioned this
wear is 5000. OO0 or % cents TO each pupil; but
in view of probable delay in payments to the fund,
this amount can hardly be counted on. An impression
prevails which deserves the attention OF the Legsla-
ture, that there has been lack of proper efficiency in
..t.o
needed TO protect the School Fund Against pecuation.
The gradually increasing productive fund OF the
University amounts to 1915 1853, giving au income OF
So llG The number of students last year was lGl.
The new edifce now in progress will give many new
facilities, and as the productive fund increases the n
stitution in its of instruction will approach more
and more to the character Of real university.
The Institute for the Deaf and Dumb has ilty-seven
pupils. At the last session the sum of $4,000 APP
prcpriaed to finish the main or center building, but
that sci 900 are still needed for that purpose.
The Institute for the Blind has twenty pupils, and ac-
conmodations will soon be provided for many more.
The State Hospital for the Insane has been located
near Madison and contracts have been entered into for
building to accommodate seventy live patients. The
whole expense for completely fitting up the building
will fall within $780, goo. House of Refuge for Ju'e
nile Offenders has also been located in Waukesha
County at a very eligible point for public convenience
and plan adopted for building TO be erected in
lions, each part perfect in itself to accommodate
limited number of inmates, aud capable OF extension as
may be required.
The State Historical Society since it, organization
in January 1854 has with great 1t has
library OF over four thousand volumes beside many
unbound pamphlets, aud large number Of files OF
newspapers. II has also collection of ssrty oil
pamtings most of them portraits of Western pioneers
1t deserves the patronage il has received, but the
G61emor suggests that under present financial EN-.
barassments, it may be better to postpone for this
year the publication of its annual volume. hitherto
printed at the expense of the State
The statistics collected under law of the last sea-
sion-though several counties have omitted to make
returns-show the rapid growth Of the State IN agri
cultural manufacturing and mineral wealth. The
State and County Agricultural Societies are working
great change in public opinion as to the Importance OF
thorough scientific agricultural education. The
Governor is in favor of seconding and initiating the
petitions to Congress from the States of New-iork
Ohio and Michigan for grants of land toward the es
Enlistment Of agricultural colleges.
The mineral interests Of the State, important 10
it, are recommended to particular attention with refer
requested to join.
The Governor gives but a sad account of the system
of bank ing lately introduced into that State. By tue
intent Of theaw requiring deposit OF stocks, those
stocks to be collateral security to the bi-hoder
| in addition to the capital employed. Such was the
view acted upon by the Banking Department of the
State Government till quite recently. But during the
past year entire change has taken place 50 that at
present the stock coateras deposited are the only
capital required and large issues OF bills have been put
into circulation on this basis alone In numerous IN
stances the banks thus stsrted are located in places
without population unknown to maps or even to the
people Of the State or il known inaccessible 10 the bill.
holders and not unfrequety the bills appear to be
signed by minors by persons Of no pecuniay RESPONSE
| bihty, and even by names wholly fictitious. THIS
the bl,-holders prevented from demanding pay
ment and making the protests, essential prelimnaies
to resort to the deposited securities which form the
only fund for payment. Not only is this most gross
perverson OF the banking law, but this system while
lasts is incompatible with the existence OF institutions
disposed TO do regular business. 1t is simply ques-
ton OF honest or fraudulent banking and il is for the
Legislature to say which system they will sustain
was in the bills of those banks that the outgoing
| Treasurer handed over TO his successor, on the
3ist Of December last, almost the entire balance Oh
tl2i ga then in the treasury although the law pro-
bibs the receiving Of any funds but cein in payment
Of State dues. 1t would that ths State Treasurer
II hal ~>-