The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1866-01-18
dob printing
GOVERNORS MESSAGE.

mighty God for all His nercies to us during
the past year. The people of no nation Oh
earth have greater cause to be thankful
than have our people The enemies of the
country have been overthrow in battle, The
war has settled finally great questions al
issue between ourselves, and there seems to
be abundant reason to hope that peace
which shall never more be broken by inter
nal strife is at length vouchsafed to us.
We mourned as no people ever incurred
before, when our beloved President was
stricken down by the hand of the assassin.
That his mantle has fallen upon patriot
Of such approved fidelity, and statesman
of such earnest and upright purposes as
Andrew johnson, is subject of just con-
graduation, and renews our confidence that
the Divine Hand, which has thus far led
our country through manifold perils, still
upholds it and directs its destinies.
Unlike former wars, the one through
which we have Just passed has not been
followed by commercial stagnation. Ev-
erywhere the business of the country has
sprung into life with more than pristine
vigor. Manufactures are pressed to the ut
most limit of their power, to supply de-
mands. A million of men have returned
from the war, been disbanded in our midst
and resumed their former occupations, and
vet from all sides VIC hear the surest of all
signs of National prosperity, complaints Of
the scarcity of labor. SOD
Within our own State we have especial
cause for thanksgiving Our harvests have
yielded beautifully. The fruits of the
earth have found ready market, the mate
rial wealth of the State has increased, mines
have poured forth their richest stores, com
ynerce has thriven, the people have lessened
their indebtedness, manufactures have -four
ished, labor has benin demand and COM
lnanded liberal compensation. Sober indus
try has everywhere brought its reward, and
distress has been almost unknown.
The finances of our State are in good con-
di:ion By the timely and wise legislation
of your predecessors, the financial panic
which threatened US in the early part Of last
year was successfully avoided, our people
were saved from loss, and the State was en-
abIed to meet all demands against it. Our
creGit is good, and our State debt so small
that it can be easily paid when necessary,
The Constitution makes it my duty to
communicate to you the condition OF the
State and to recommend to your considera-
ton such matters as seem to me expedlent
The reports of the various officers, made
as required by law, are herewith submitted.
I FINANCES.
The whole amount Of the State debt is as
follows .a... "a
State bonds held by individuals ..-.....$ $4,000
State bonds held by Trust Rundss&.. 1874 900
Certificates of indebtedness, Trust Funds. 100000
Temporary loan from Trust Funds ....... 66 900
Currency receipts issued by Treasurer 3O9, 1853
Total State debt. 81, 664, b58
OF which there is due to the School Tund$1 1855 100
OF which there is due the Normal School
OF which there in due the University FUND sS .Ooe
Whole amount due Trust Funds. .... 81 ,557 100
S56S, 200 of the State Bonds have been
taken up and cancelled by the State officers
charged with that duty, during the past
year, in accordance with section 8, chapter
1882 General laws of 1865. 90 ete
Provision has been made for the payment
of 1928, 900 of the temporary loans from the
Trust funds, and the currency receipts $685.
753, issued by the State Treasurer from the
taxes collected for 1866 "a .ssEG
Both amounts will be paid in February
of this year, and when paid the State debt
Will hNnOunL W PAJ wv ihOtO
than two dollars for each individual in the
State. -.r- .s,e---,sa~- -
The balance Of the temporary loan from
the Trust Funds, $135, 600, was made after
the levy of the tax for 1865, as it was not
definitely known at the time the levy was
made, how much would be necessary for the
payment of the extra pay to soldiers fami-
lies, consequently there is no provision made
for its paymnet. recommend that the
time for the payment of the certificates of
indebtedness given for that balance, be in
definitely extended, thus making it per-
snanent loan to the Trust Funds.
By the terms of Section 13, of Chapter
800 of the General Laws of 1865, the State
agrees to take up at par, its Bonds owned
by any Insurance Company and on deposit
with the State Treasurer, as required by
the same law, on the LIST day of January,
1870, should the owner of the bond 80 elect.
This will, in effect, be readily accom-
pIished before that time arrives, by the
commissioner of School and University
Lands, who will under authority Of present
laws, as rapidly as possible, invest the
Trust Funds under tleir charges in the out
standing bonds of the State. They have
already advertised for six hundred thousand
dollars of them for the investment of those
funds, and when this amount is so invested,
there will remain but $147,7Uo of State
bonds in the hands of outside parties. *
The receipts into the Trust Funds during
this year will, in all probability, be suf6-
,cient to retire this amount;so that the whole
amount of the State debt will then be due
to the Trust Funds, where hope it will
permantly remain, as recommended IN an
other portion of this message.
recommend the passage of a law au-
thorizing the cancellation of all State Bonds
now held by the Trust Funds, and all 9TH
ers which may hereafter be SO held, and that
certificates of indebtedness running to the
funds each separately according to the
amount due from the State, to each, not
negotiable or transferable, he issued in
their stead, by the proper officers. This
will be great convenience to the financial
officers of the State, and measure of safety
The revenues of the state for the tisca
wear are estimated as follows
Balance in State Treasury, September
Goth. 1865. .......... -..-.....- SiSS,1 16 .
Bank TAX, (estmated). .................. $4,000
From Raiiroads AM Insurance Companies 1876 0O0 Q
Tax Suits, licenses and boarding &c -
Trust funds, available 'or purposes, goo 0O0 Q
State Tax. --.......-.-.... tv0,S'o
Due from the U. s., on claims 5000 0
Total Revenues............ Isl ,6e3o4l I
1t is confidently expected that the Stat
authorities will be able to effect a full set
Element with the United States during th
present year, and that the State will be full
w reimbursed for all money expended 70
war purposes which properly belong to tn
General Government to pay. Vouchers 70
large amount are already tlled with tn
proper auditing officers at Washington, an
in process of settlement, aud other voucher
are now being prepared for transnittal.
Congress will probably enact laws durin
its present session, which will facilitate tn
fual adjustment of all claims of this nature
There was received during 1865, fror
the United States, ON account, the sum {
S300,238 &c