The Portland daily press., 1865-01-06
Friday Morning, Jan. 6, 1865.
GOVERNORS MESSAGE.

GOVERNORS MESSAGE.
Gentlemen Of the Senate, and House of
| Representatives MRiEeAal hnG 1s4a6h l
Lcongratulate you upon the auspicious cir
cumstances under which you have assembled
to inaugurate anew the government of the
State. True, indeed, peace long hoped for,
has not yet returned to rejoice the hearts OF
all our countrymen, and the carnage OF battle
still fills the land with anguish I; yet the year
| which has closed upon us, has been marked
with signal success and memorable achieye-
ment, and the opening year dawns radiant with
hopeful promise. Sf1hia asaaRa 3fl .o
TO God, in His infinite mercy, let us render
the homage of our thanks for His goodness to
this nation. a10sn z9i aaras saf 5G8 eV 81
FINANCES. %
| The financial condition Of the State. and the
|, provision to be made for meeting future calls
upon the treasury, will demand beyond any
other subject your most seri Jus consideration.
The expenditures OF the last -A5 SiAnal
year have been for all or ia bss=l
binary civil purposes in ~ -.ses 1iHet
cluding payment of public stNg
debtand interest thereon, $515.O4 46
For relunding cities and u elA
towns money adVanded in
1858, for relief Of soldiers go 5a 81
families, l5Is 49,. : sli 5S2, los IA
For bounties, 7'.st 2,9SS, ,1S3 IS
For other war purposes, 1910 SO
The receipts in the same stS
period have BEEN ~ A5gH .a A2s
From State taxes assessed aHg
prior to 1854, A 445, 1877 SO
State tax of 1854, 3S4 221 Is
From loans permanent and
temporary, 2965, 900 90
From all other sources, 309,5l3 4S
II appears that debt of ", ,965, ,OOU has been
created during the past year which added TO
that existing January 1854, makes the whole
debt OF the State as represented by loans $5,-
$4,000. In addition to this is the amount to
De refunded to cities, towns &C., for aid fur
nisned Iamilles OF soldiers IN 1904 not payable
TIL 1850, but constituting actually a debt
against Inc state. Inc amount OF this last
item ID consequence OF tne returns not hav-
ing peel maue, am unaoie 10 state, out II Is
supposed u VIII reacn nigner Hgure tnan
was required lor tne same OBJECT last year.
! me r LegslaslIe q 1904 IA levylng the State
s ssA ,ot .nas assessed ny sum u SIX hun
9oy onu an
~ ~ ~ casn "a u
III ~. W 'iio ess " 'lie "hoie
puDtic wn uoos. III,
ino Lesenue .l ,ue.iveu iiolt snis saA ~ snae
hn ~ mniSn sne sasasuiy lenes - uellay tnese
Snai SsS s suo pleSeue ySal anu ., mnalever may
renaln aller meeting tnem VIII De appiied 10
reduce tne dept 10 the cities ana towns Tor
as'saa ausances " solu;ers lamn!es: portlon OF
.nis VA nas peen palu inlo lne treasu
y anu alsouLsse .hst pos.poning lcr lne time tne
ngIeSSisy " snas e4tent " lnaking loan, out
mnicA s lne y tne, treasury sne COM
ny yea Mir teYuile ~ ue maui. Ane loans
snecIeu " tne lreasurer sne past year nave
oeen maze unuer tne @ autnorlty OF resolves
approved MaIcn ~ 1904 proViaing Ior the
BORROWING oi lnree liiiiio1s OF uoiiars Dy tne
issue OF Dones on Term OF tWenty-nve years
70 rsiund advances advances " soiulers ~ iamiiies ana
s9r me payment u pounsles. lnese resolves
aiso aulnorlzed = lempoIary loan OF any por-
lion OF tnis amount Wnlcn tne convenience OF
she treasury might require 10 % REFUNDED
from the sales OF the bonds. Under this au-
thorlty bonds nave Deen disposed OF to the
amount OF Sz,too,UVu, ana mere are outstand-
ing notes on snort Time ior SzOO0OO. The sue
cess OF the Treasurer IN negotiating so large
an amount Of the permanent loan OF the State
under the Limitation OF not selling below par
az 2 ume wnen tnere existed SO much compe-
nuon In tne Market OF pupnc securities seek
ing the money OF CAPITALISTS, many OF them at
rate OF interest," very mucn ABOVE the rate
PAID py tnls otaIe IS a suDstanual compliment
70 the hnancial stanaing OF Maine. The dill
scpitles OF negotlatlon Ior those under the
necessity oi borrowing are not hkeiy 10 De
diminished iri IN lne future.
1ne cons titutlonai restralnt imposed upon
me power OF the Legislature TO increase the
uept OF tne otate, was Inoss Wise provision,
ana tnough not anecung u upon tne occur
renee O. Warhke necessiues, sun tne spirit Dy
"nlcn nc u was dictated demands l5s cnary use.
Inc magnIsuue oi our plesehs eeoe =. eniorces
tnls consiueration, anu wnen ~ ~ consiuereu
that tne munieipai corporations. Oh tne Slate
| nave IlcuIT6u al amount vi udUlllLV equal III
not larger tnan tnat OF tne otate. ieei sure
snaS you WIN nos consens W an increase De-
yonu "hat may ~ Iequirca, u anytnlng, 10
meet past engagements OF tne most unyleld-
ing necessary IN tne future. Inc progress OF
eveh,s curing your present session VIII douot-
less aeYeiope .nsse. ,As...i.sggss ags..8
Inc psople y snls ?sate nave most unmlsga
Aaoly announceu I.eil purpose 70 sustain !. .ne
gSneIal sose.snens !. l.s enoits .,i 70 save tne
.e % sne w.i oA " you
s1o Isst ~ ~, % 90 snai eapo
NAME 70 iuInin ~ ,lea. ner a~uties. ~
Whno eonpcleu Dy cllcuuiSeances 70 Iesors
W ioans ~ supply .esens neeessiIcS' wise
oi aaiIs points 70 ene pIopri-
SSy ~ Deginning AT an early gay 70 proVioe LOT
.neM iiquiuacion. II 10 WIN States @ as Wiah ~
diviouais IN matters OF nnance, Inose VINO
sEe carelul ol lncurling ae9e ana prosioent IN
e ~ .neI analas, ~ a. ~ ansc
pa.e .neil opg .'aons, ao anu eseI wli con
manu- tne Ieauiese creult anu lne hisnest prices
ior Cl snelr secuIilies.
ne ota.e nas .n1s Us ial reapSu ene oenens VI
.s nlgn cnaiacser lol sclupuious punceusnIy
~ lnee.ing Us ensa9e.nen.s. @ .l lesPscuuuy @
suggest tnat tns sess interests y sne oea.e ~
qulIe az an eaiiy way 'no sssa1nsn,nens " .
SINKING Iund Dy seo.,ng apart nAea sum a. an
nuaiy 70 oe appueu 70 tne purcnase % Cne
ueo'. rue y y 'nas a tno ony 5. VI lese-