Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1864-04-18
GOvEnrOR,s MESSAGE.
EXECUTIVE CHGEBER,
MACON, Mississippi, March, 1854. J

GeztIsnsn Of the ssnafs
and House Of Representatives:
Tbs recent IegiLlAon Of the Congress hss rendered
l. aeesssary 70 call you together. DO not prapose 10
thls sommuEeAton 70 disclHs its me zs-s -ber fban
they may tequtrs your action They "a row Isys 5
@ sePesiea, Hll es oSeyed and rssRzctsd As zueh By
every good citizen II they should b deemed 10 INV
eae 20 Be unconstitutional fhs qasstiou can b., s.,y
ted 70 the eoaFs the proper tribunals for suea sdid
eatton. II you Should deem either OF them s fTf-i
msut Of the rights OF tns stzts or shs s.seisa ~
powers not delegated, i Hoald respectfully .1,,szt
tnat o hAsty protest. you may By inaaiug TIE pabie
mind arouse an opposition which WoHld qrss.ly IN
bsfrass the Government st tine when IL ussds and 4
psets the s1ppcrt Of every citizen. Lss us sufF-r
while evils sufferable This q no tins TO eagH
ahout nica oa.sfsous ~ so,sfi s,ti,,,sI o,.s - -
When We are wsging tsrribls II defense Of FaSi
vieaai aad civil liberty involving .hs very exisence OF
me Coaaafuton itseh and ths Governments founded
Thsre Il nc necessity FOR hAs.y ae.lsn, your rights
VII not oe lost hy delay IN asserting them There
40 Hatuts OF hn1itsfien against State They cannot
lose their rights By failing TO make eoufInued claim
OF protest No esVsst need be fed Our patent fs the
Consultation and volatiOn OF its provi-ion an sn-
uul seBssDee IN IL or impair one rgRt un6sr Il
Gxeept 20 Far ~ may recommend modifcatioa by
ne Consrss We nEy safely leave those statates 70 the
decisions q the courts, aad the lzv-mskers to the
J9agfasnt Of ths PeoPls 81 tie polls.
COnfsdsTats Netes aad Bonds
Thsrs is now IN the treasury sbsut eight hupd-sd
thousand dollars n Csufsdsrzfe treasury notes This
tun 5y the hFst DAY Of April next will be largely In
creased by payments from tax COLLECTORS Bv he 80.
visions Of the act of Congress entitled An m % r.
duee the currency, and to authoTlzs a new issrs Of
notes Gnd eonds this money may before ahs a-ss Of
snaAfy isaa, &c Invested IN six per cent bond psvs
pc t"sny years after date the interest payable semi
u will be observed that these bonds cannot be At Ear
vita ths per cent erupcn bonds there Is no provf
Aon for the payment Of the Interest," asi the case q he
coupon bonds the coupons Of which are receivable in
pAyu2snt o. dntes At par with c3in and sterling ez
ehAngs No provision IS made to receive hem in a =
nent OF public dues even rsndsr them ss xnabis-
icy AEe not reesyase as ths per cent. bonds IN pay
oh
while the property Of The Stsfe they are not aept b
tee n from taxation IN they should be .ssse as
them szssDt fuua for the psxIoest az n So
twenty year bonds that may Be hsrssitsr issned Fbv
OF tne Cunfederats Treasury Department
~ ,4ius act OF congress these bonds ars made as
ngnAbe, they may be sold Ia the market o. anon fr1s
IS you may prescribe for the issue OF teay otss
Or Tor me notes Of the Stse IFscommend that o an
tho-tzs the investment to be raais h. & rsr sst -
mat the bonds may be exchanged for the bonds or notes
q ne state under such regulations as you may pre-.
Tae currency acts Is m digessd shAs Il viii doubt
less De revised and amended By the next Canesa bs
C0hleesrsse notes that may be Feeelved In The SIzts
hsAsuy alter tne nrst OF APRIL will 0aly be available
10 payments At The discount os 33t per e1t and tbs
SlOV notes At further discount Of tsu per cent pe-
mouth from tbs first Of April Tbs 500 notes .hon q
be no longer receivable. those Of Iess dssonsuaer
sniy At ditcount OF 33 per cens Tse rsuo-+s AZ tb
AuoisoF ana treasurer snow the c0ndi ion OF the treas
uy aad the wants Of the G9vsrnIasut 10 b such that
the State should not Fugtin the loss OF The discount on
tas notee Ire tax payers sf the State VITO havs had
E9tLS1 u bA1 PtuNBtul6 OF ne currency hilL will
make ProviEsns for psynsDt for the Confsd
crate aud State tax By funding the Consdsrsse notes
eaa pr9c1riag State paper. The diffsrenee between
these Confederate notes and four per cent bonds sft
me nfat OF April viii not be equal TO the Discount on
tAe nstsH Is brokers By sending The aates vast
ne AlasiseipPl have them fuuded Until the frat OF
Suiy' ana no regulation Of the treasury bv cath or
can prevent unserupuous psrsons from doing
II yoa authorize the receipt Of the four per csut
oonds IN payment OF taxes Il viii also DO nscsasary TO
sYs power 90 the Eeasursr TO dispose Of them IS thew
are noi rsoeFable IN payment OF public dues after The
st OF January next do not recommend the rsesiDt
or me Tour per cent bonds for taxes ss il viii s9ri
but Little relief 10 the people of the State majority of
Wh0 owing 70 the arrangement CT the mails sad their
distance rom the dspozoTiss viii not have recssved
information IN time 20 enable them fund their notes.
and they VIII be thrown into the power Of tuserup1
ous Droksfs siso fear that thess bonds will bv De-
eeoer next be OF no greater Vaus than the notes Tor
u VIII De observed that the Of less deuomfna
ton snsn elO0 are, un January next exehsuEesbls
55S per cent discount fer the issue aud no gch
proTt5ion Is made for the bonds The bonds are slso
taxable 70 the fun amount Of hsr interest The bonds
are praetcay twenty year bonds without interest and
Z requires no great fnancisl accumen 10 dstsrmine
thsr total WorhissEasss n tha market after January
nsxt
therefors recommend that no Confederate notss be
nsreMter received in payments Of taxes OF other sabl
dues except the nav issue to be made after the rs Of
april and ths old convertible notes Of sss dsuomina
ho1 than 500 at their convertible value ud that th
treasurer be authorized TO exchange he attor for the
new issue, and unless you retain them IS basis for
urs issue OF treasury notes that the treasurer be
suthorzed with the advice Of the governor and auditor
% sell tns per cent bonds FOR the market value for the
same for sueh vAine for auditors waFrants