The Nevada journal., 1858-01-15
G9e Nebaoa $yournal.
FRIDAY MORNING, JAN. 18th, 1858.

johnson is too long for our columns.
We regret the limited room at our dis
posal, as we would delight giving so
excellent State paper as the Cover
nor's Message to our readers. Howev-
er, the document can be obtained by all
who desire to peruse it, and doubtless
has been examined ere this by all who
pay particular attention to the affairs of
State. For the benefit of the general
reader we give the features of the mes
sage in condensed form.
The Governor congratulates the peo-
pie of California that the financial diff
culties which have spread disasters over
the older portions of the Union have
never reached these shores, and that
their voice as expressed by themselves
and through the Supreme Court has de-
cided no stain of reputation shall rest
upon the fame of the State.
A most satisfactory account of the
financial condition of the State is pre-
sented, showing the excess of receipts
over expenditures during the year
amounts to S452, 900. We are now en-
abled to pay as we go, and indeed the
Governor recommends the reduction of
the rate of taxation for State purposes
TO twenty cents on each one hundred
dollars.
The message tells us there will be
some 100000 surplus in the Treasury
at the expiration of the fiscal year, and
recommends its application to the extin-
guishment of the State debt This
course will not only lessen the burthen
of taxation but hoighten the confidence
of the creditors of the State.
The real aad personal property of the
State subject to taxation is about 132,-
100000 of dollars, or an increase of over
eighteen millions on the valuation of
last year-thus indubitable evidence of
the prosperity and progress of the State
IS presented. The amount of money
indicated in the State Debt Act, $780,
600, is made to appear sufficient in the
message TO cover the entire dett of the
State.
The information is impaired that a
compromise was undertaken by the Gov
ernor and others with defaulting parties,
TO settle matters growing out of the de-
linquencies of Bates and others, but
failed. Judgments to the amount of
S1S1 900 have been obtained and anoth-
er suit for S124,OOo is pending.
The Revenue law of last winter, has
some defects which the Governor points
out and asks that they be remedied !;
at the same time he pays compliment
to the efficiency of the law and its prac-
teal workings in general.
The Stamp Tax has been found a
useful measure. The net receipts for
six months from that source is $50 700.
The Governor urges upon the Legisla,
ture the amending of the law so as to
reach insurance policies and money go
ing out of the State.
The Legislature is urged to adopt
l, - ~,
the so-called "civil fund" or in other
words that money collected in the form
of military exactions and duties on i'm
posts from tho occupancy of the State by
the L. s. government to the admission
of California as a State into the Union.
The sum is stated at $2,706,5 BY
provision in the State Debt Bill this
money when obtained from Congress is
to be devoted to the extinguishment of
the State Debt. The Governor says
this may not be a favorable occasion to
press our claim to that fund, in conse-
duence of the reduced state of the Ma
tional Treasury, but urges TIE right of
California to it upou the attention of
Congress.
The Governor favors the passage of
another act to call a convention to re-
wise the Constitution says the people
had their attention directed TO other
issues at the last election, and did not
give the convention measure the consid-
Grafton its Importance demands thinks
the necessity of a revision of the Con-
stitution is so obvious that the result
must be different at another election.
The message points out the needed
changes III the organic law in a perspic-
uous manner. The policy of calling
convention is well argued by Governor
johnson.
The message recommends the cree.
ton of a State Capitol, and says the
old contractor should be remunerated