Delaware State journal and statesman., 1867-01-18
Icommuniessedl
REVIEW OF THE GOVERNORS MNs-
SAGE.

After telling the Legislature that the
Constitution proyides, that the ExecutiNe
ahall recommend to their consideration such
measures as he shall judge expedien,, .ne
Governor proceeds TO occupy tue laIsess
part of a column in large newspaper, ~
recommending to the consideration OF Tue
I,eeislature. the subject of the National sys'
Ten of Banking In his prolix statement on
this subject, he notifies the Legislature lhat
he had In his message at the January ses'
sion of 1866, invited their attention 70 "
Ills indeed not quite clear, what object the
Governor can have in view, in Recommend
ing this subject again. But 1t would seen
most probable, that as the Legislature a. Tvs
last session failed to regulate the saia NJ,
tional Banking system, according 70 nus sa1u
Recommendation, he feels it duty incum-
bent ON the Executive to urge the present
Legislature to do what their predecessors
peryersely neglected or refused to dol Ana
10 induce them so 10 act, as il would seem,
lie shows them how the National Banking
system has diminished the amount oil BANK
canital. and how but two of the State BANKS
have been able even thus far TO survive anu
intimates his serious doubts whether tney
will be able much longer to ACCOMMODATES
the people, even should they desire 70 u4 ~
II would seem also that the Governor thlnks
the free school funds and the means Oh
widows and orphans have been greatly lnl-
nerilled hy the same means. This appears
10 be the first evidence that he has ever pro,
duced, that he had even an ordinary regaI9i
for the welfare of the tree schools, or indeeu
for the widows and orphans, at least SO TAI
as known publicly. Some might, therefore,
, be uncharitable enough to surmise that tht
Governors object might be, rather, 70 maxi
some political capital than TO take caIe y
I u Nd xuidoxu and OrnQNni
Investments.
t A cardinal principle of the Democracy
T party, as it was before the Governor becam
d its exponent, was TO oppose the increase :
banking, beyond a state of entire aolyency
so that let them go into liquidation VINE
they might. they would be able to meet a
= their liabilities. The Governors party hs
= had the control Of the State Legislature
i long time, and II true to their ayowed prh
ciples, should not have allowed the banks
increase, either in number or amount oil tue
circulation, so as TO detraud the Tree senoo
or any body else.
i, Bui how a Democratic Governor can
u o. favor the increase of bank capital, looks
90 !. little incouprehensible. Nor is it easy !
!, ordinary intelects to discover, notwithstan
~ ing the Governors logic, how the p'
=. dttcino OF, indeed, the mechanical and co..
~ mercial interests, of which be speaks, shou
suffer so much by the General uoVerhmt
NO monopollzing the banking capital OF
"e State II sound circulating currency
ii furnished, no sufficient reason appears W
gu its being supplied by means of State LEG
=. laton, should make it more beneficial to
W. farmer, mechanic or merchant, or indeed
os any interest than it would be II supplied
~ that Of the national legislation. But
Governor concludes his recommendation
10; this subject, by saying that he did not s
~ w nit his views because he supposed It to !
aS subject under tho control OF the Legislatr
eu' but because he desired to aid the Legislat
mp in understanding the financial interest oil
ion State. This is certainly not very com
Viii meutary to the financial intelligence Of
cen Legislature, at best. But the thought,
are ours, why should the Governor go outsid
,red what the Constitution provides to enliI
the on the minds OF the legislature, upon
d to iect over which he knows they have no
eau troll Perhaps the act should be Charts
he attributed to Executive clemency, or pat
rkei ism, as Executive intelligence would sea
This " claim the credit of it.
take EPsrLo