Orleans independent standard. [volume] (Irasburgh, Vt.) 1856-1871, 1865-10-27
Governors Message.
Gentlsmen Of the Senate

Attci t"O ahAiciy huu agNdtiou VI iou
years of bloody war, waged by the Unio
for the preservation of national existence
we are permitted again to meet, in tn
calm of peace, to discharge those dutie
imposed upon us by the constitution, an
demanded by the best interest Of the peo
pie we represent.
During the past year it has please,
Almighty God to grant us great and sig
nal mercies for this let US join in rem,
dering Him our bumblest thanksgiving
while we sincerely implore His aid ant
guidance in the discharge OF all our Off
cial and personal duties.
FINANCES.
From the Treasurer's report, herewith sub
mitted to you, it appears that the balance o
cash In the Treasury, September 5, 1864, wa
$424,O96 81
That the receipts into the Treasury
from all other sources during
the year to Sept. 5, 1866, were 81, ,5s5,l72 o.
Making in all the sum of 1900 269 g.
That during the year there has been
paid out and disbursed, the sum
of l,996,772 81
leaving in the Treasury Sept 5,
1855, l2,497 OF
The funded liabilities of the State
Sept. s, 1865, amounted to 1,s5O,OOO %
Consisting of outstanding State
The present current liabilities Of
the State are 2O7,575.56
The current resources, including
the balance in Treasury, Sept.
8, 1865, are 23,4ll 60
Making an excess Of current liabil-
ities of lSl,l6S 96
The estimated expenses for the cur
rent year are, for interest on
bonds and loans, lOS,75 90
For all other State expenses, 175,OOO 90
Making to be provided for, Sl67,9l3 90
The grand list of the State is about
one million Of dollars, and tax Of fly
cents on the dollar will probably raise
money sufficient to cover the current IL
abilities of the year.
We are not to forget, however, that
we have large funded debt, which will
be burthensome to meet it none of it is
provided for before it falls due. The
close Of the war, and the return of our
soldiers, has rery greatly diminished our
current expenses, and at the same time
our agricultural, and all other industrial
interests of the State were never 10 a
more prosperous and healthy condition !;
and / feel confident that any amount of
taxation demanded by the best interests
Of the State, will be met cheeriully by
the people, and its payment will not be
felt as burihensome.
The treasurer estimates that State
tax of sixty-fve cents, on the grand list
of this year, would raise Sl50,00o above
the current expenditures, to be applied
in purchasing in outstanding State bonds !;
and that, for the next six years, tax Of
forty cents on the dollar of the grand list,
yearly, will raise a sum sufficient to meet
the current expenses of the State, and
leave a yearly surplus of $4,000, TO
be used in buying the State bonds as they
come into market. Should this be done
TO that extent, in 1871 but $4,000 of
our funded debt will remain unpaid
sum that can easily be provided for as
the bonds fall due.
Our State Bonds are now selling at a
discount of four and five per cent, and
should gold continue to command pre-
MUM, as it will be likely TO do for con-
siderable time yet to come, this, with the
fact that the General Government and
most Of the States, are paying a higher
rate of interest than is paid on our Bonds,
will probably depress their market to
still lower point. If the State is in funds
to 20 into market as purchaser with
others, II will be able to make positive
gain on its purchases, beside stopping the
sccruing interest.
Connected with this subject of raising
money by taxation, we are to remember
that all our property, no matter by what
name called, except such as is expressly
exempted by positive law, should bear its
equal proportions in the burthens of tax
alton. II our laws produce that result
now, then all is well on that score but
if they fail 10 accomplish that end, your
scrutiny should lead you to their proper
amendment.
SALARIES AND FEES.
BY our present law, the States Attor-
neys of the several counties are salaried );
compensation, in this mode, is made more
10 depend upon the population of the
several counties than on the labor done
and service rendered to the State; and
~ ,.hathou /