Muscatine weekly journal. [volume] (Muscatine, Iowa) 185?-1890, 1860-01-20

suggesting that, inasnuch % the State has
lent to this institution its name, and particle
pates to some extcntin managing and direct
ing its operations, through these Directors
of its own appointment, it should, by the
passage of an act, express its willingness to
receive tho issues of these branches in pay
ment of taxes. 3 = MI tL i
Standing in this intimate relation to these
institutions, it is but just that the State
should, ia this way, add its confidence to
that of the public, which is An element of
such vital importance to their successful
operations. need not add that this policy,
in my Judgment, would greatly subserve the
interest and convenience Of the taxpayer,
beg to say that desire to be held alone
responsible for this recommendation, as it
does not eman lte from the request or even
suggestion of any Of the parties interested
in the banks.
Ihave not understood that any banks
have been established under the Free Bank
ing Law. have heard it suggested that it
was too stringent and ought to be modified.
doubt whether an application Of this kind
ought to be entertained should one be made.
It is the want of those stringent provisions
in the free banking laws of Illinois and
w lie
aud 10 va with their ire leemable paper
1t is infinitely better for the people OF this
State to have no Free or State Banks, ii
their paper cannot be redeemed on demand
! in specie.
Under the I'D section of the Revenue
law, the Auditor has, and is saving, a large
proportion of the expense attending the
collection of the State Treasury under the
| Ill nf iloor fn
the County Treasurers, as formerly done,
was on expensive mode, and less reliable
than tho one now adopted. From the more
populous counties of the State, the revenue
is now paid into the nearest branch OF the
State Bank, and is thence forwarded to the
State Treasury, at the Capitol, at the risk OF
the bank, and upon economical terms.
am of the opinion that the State can
| further economize the system OF receiving
and discharging the public revenue by u
slight modltica' ion OF its Jaws. 1t may
legitimately make the bank, to some extent,
the fiscal agent of the State. Tho revenue
being first moved from the populous counties
to the Capitol, must be moved back again in
large part, in disbursements, for the use OF
publis institutions in different parts OF the
State, and to pay off their officers.
A considerable amount has now been paid
in New York semi annually for interest on
the outstanding State loan and the rates OF
exchange, as we'll as the transportation Of
specie, which must be paid by the State, are
less from the river counties than from the
interior.
Ii The Auditor should be author zed by
your legislation to direct the payment from
any county to be made at any branch of the
State Bank to be designated by him, and
thence ordered into the State Treasury as
now-or thence disbursed on warrants direc'
ted to such Branch, in his discretion, il
would save the transportation, both ways,
of large part Of the revenue, and save time
!; in reaching the public creditor. He il
already authorized TO have it paid into the
bank in transit to the treasury. The add
tional power requisite is to di=burse on war
rant directed to the bank. This system
would prevent any large accumulation Of
} money at one point, and would also avoiG
some risks of loss inevitably attending dou
bic transportation of the funds; while the
security of the State would be equal, it no
superior, to that of the official bond. These
reasons, together with the financial economy
t secured by it, commend 1t to your consider
alton.
REGISTRY LAW.
) renew the recommendations of my pre-
a decessor in the enactment Of such law
and earnestly &C mmend to your attention TIT
/; suggestions and remarks which he had thu
honor to submit to the last General Assem-
bly, upon this subject.
| STATE ARMS AND VOLUNTEER CORPS.
a The quota of arms drawn by each State il
f in proportion to its representation IN Con
e gress. This provision OF law operates t.
e the disadvantage of the new States, who's
/ population usually is much in advance o
r such representation. Thus far our suppl!
: has been wholly inadequate to the demand
t A chivalrous spirit pervades the minds o
h our young men, and many highly credi,abi'
V companies have been organized in the State
e although we have no military law, the enact
ment of which should now engage you
serious attention.
Y The reception, custody and distribution o
y the public arms, coupled with the large cor
3 respondence which necessarily grows out o
g it, makes this branch of the public servc
+ both burthensome and expensive to SOM
r extent, which should be provided for by
n law. The duties connected Herewith hav'
e been for the las, two years very effectually
t and promptly performed by the present
| Adiutant General of the State, Gen. Jess
Bowen, whose compensation has borne NJ
/ proportion to his official obligations ant
!, labors.
! STATE HISTORICAL SOCIETY.
f A communication from the Executive
| Committee Of the organization, will be lait
before you. exhibiting most satisfactory
8 account Of the condition and prospects o
the Society; than which it is believed NJ
similar operation in the whole land la
, accomplished so much in the same time.
In the hands of its present friends, j
A promises to add great honor and credit Il
Y the State.
! For further information in relation to it!
$ history, progress aud aims, refer You to the
communication already referred to: and also
to the report of the Treasurer of this Soci
~. the vouchers of whose disbursements ART
f filed in my office, accessible to any commit t.
tee your respective bodies may appoint tt
examine the same. cordially concur il
D the appropriation asked for by the Executiv;
Committee.
FRONTIER DIFFICULTIES.
Congress made an appropriation of $780,.
/, 900 in behalf OF the citizens of Minnesota
, and Iowa, to defray the various expeditions
against Ink pa u tab and his band, for The
murders committed ut Spirit Lake in the
f spring Of 1857. 1t was required that these
expenses should be proved up before Majp,
Cullam, Superintendent of Indian Affairs al
, ST. Paul. This was done, and the amount
, allowed the Iowa expedition under Majo,
Williams, was $3,6l2. 43. which is now be-
ing discussed to the privates and officers
! composing the same.
Under the act authorizing the Governor to
raise q company of mounted men for the
defence and protection of our frontier, ap-
proved Feb. 9th, 1855, beg to say, that
thirty such men, known as the Frontier
Guards, armed and equipped as required,
were organized and mustered into service
under the command of Captain Henly b.
Martin, of W ebster City, about the lst of
March then following, and were divided into
two companies, one stationed at the Little
Sioux River. the other at Spirit Lake. Their