Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1865-10-19
RUTLAND HERALD.
TUESDAY, OCTOBER II, 1866.
GOV. Dillingham;. Message.

Ol1ODIik ioup.
GOV. Dnlingham's Message.
6satlenes Of De Senate and House Of Re
prsssatatir1
After the anxiety and agitation OF four
years OF bloody war, waged by ethe
Union FOR the preservation of national
existence, we are permitted again TO
meet, In the calm of peace, 10 discharge
those duties imposed upon us by the
constitution, and demanded by the best
interests Of the people we represent
During the past year IL has pleased
Almighty God to grant us great and
signal mercies for this let US join in
rendering Him our humble thauksgiy-
ings, while we sincerely implore his
guidance in the discharge Of all our off,
cial and personal duties.
FINANCES.
From the Treasurer report, herewith
submitted to you, II appears that the
balance OF cash in the treasury Septem-
Der 3. 1854, was Si24,096 So
That the receipts into the
treasury from all other
sources during the year
to Sept 8, 1865, were l,5s5.l72 90
Making in all the sum OF $1,000 269 81
That during the year there
has been paid out and
disbursed the sum o. 1886, 1T2 90
Leaving in the treasury
Sept. 5, 1865 sl2,497 Of
The funded liabilities OF
the State. Sept. 5, 1855,
amounted to $3.50, 900 90
Consisting of outstanding
State bonds,
The present current laOi.-
tiles Of the State are S207 ,515 56
The current resources, in
Guiding the balance in
the treasury, Sept. 4,
1865, are s23,4ll 90
Maelng an excess o. cur
rent liabilities o. lS4, 1853 96
The estimated expenses Tor
the current year, are for
interest on bonds and
loaes, lOS,750 90
For all other staff expenses, 1000 90
Making to be provided for, S467, 1913 SO
The Grand List 0. the State is about
one million Of dollars, and tax of fifty
cents on the dollar will probably raise
money sufficient 10 cover the current
liabilities Of the year.
We are not to forget, however, that
we have large funded debt which will
be buTChensome to meet, if none of it is
provided for before it falls due. The
close O. the war and the return Of our
soldiers, has very greatly diminished
our scurEent expenses, and at the same
time our agricultural, and all other in
dustrla interests Of the State were
never in a more prosperous and healthy
condition and l feel confident that any
amount Of taxation demanded by the
best interest of 9he State will be met
cheefiully by the people, and its paw
ment will not be felt as burthensome.
The Treasurer estimates that State
tax Of slxty.tive cents on the grand list
Of this yeBr, would raise $3.50 900 90
above the current expenditure to be ap-
piled IN purchasing in outstanding State
Bonds, and for the next six years a tax
Of forty cents gu the dollar of the grand
list, yearly, will raise sum sufficient to
meet the current expenses of the, State,
AMI leave yearly surplus Of $4,000 90
to be used in buying the State Bonds as
they came into market. Should this be
be done to that extent, in 1871 but
$4,000 90 OF our funded debt will re-
main unpaid a sum that can easily be
provided for as the bonds fall due.
Our state Bonds are now selling at a
discount Of four or five per cent, and
should gold continue TO command a pre-
MUM, as it will be likely to do for a
considerable time yet 10 come, this, with
the TACT that the general Government
and most Of the States are paying
higher rate Of interest than is paid on
our bonds will probably depress their
!. auaTkoJ value to a still lower point If
4 the State is in funds to go into the
market as a purchaser with others, it
will be able to make positive gain on
It's purchases, beside stopping the &C
cruing 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
It's equal proportion in the burthen o.
StaZatl0n If our laws produce that re-
sui now, then all is well on that score
bu1 Il they fail to accomplish that end,
your scrutiny should lead you to their
proper amendment.
SALARIES AND TEES.
BY our present law, the States Attor-
nays Of the several counties are salaried
officers. Compensation in this mode is
made more to depend upon the popula-
ton Of tse sey eral counties than on the
labor done and service rendered to the
State; and ] submit 20 your judgment
whether this mode has not a natural
tendency to diminish watchfulness over