Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1867-01-22
GOVERNORS MESSAGE.
Of he ss,.aie and Assen5lg:

Acb us ufSI return lUdHk6 70 AL
mighty God tor the peace and pros
perity He has vouchsafed to rs as
people during the year just closed.
/ congratulate you on being the
first legislative body ever convened
in this State as the representatives
of people, all Of whom. without re
gard to color, stand absolutely equal
in political privileges, and through
you, | congratulate your constituents
that the only stain which rested up
Oh their suffrage laws has been for
ever erased.
It is your duty, as the immediate
representatives Of the people, to
guard we'll their interests To know
in what manner those who have been
chosen to administer the affairs OF
State have fulfilled their trusts; TO
know whether the public moneys
have been expended in accordance
with law, and with due economy, and
to see that no abuses creep into the
management of State affairs, limo
Gently or otherwise.
FINANCIAL.
THE financial report shows that the
receipts during the year Of the state
rg 1e9 y, "a III MI = Az diL 90 0
io5 Q, 80 ~ 100 a. rtoor3iar,.
80 - = ~ - ,ia Soto C,ovornraenf far
the fiscal year were $3.50 .38747. The
10y o"uo9 = '''e '}'.'l( e-o 0 ' 81 aa =
oI't a. '''''t ;;a 80 ~ ~ G,orata,
of Sfoto' tbaf NOT moro tLan $40 000
will be realized from the payments of
counties. ON balances due. If this
Is correct ne total revenue will be
reduced rs S713.974G4.
The expenditure for this fiscal year
for current expenses OF State COY
eminent amounts to $774, go.
1t will be observed that the esti-
mated expenditure exceeds the csti-
mated revenue S57436. The utmost
care should be exercised, in making
appropriations, to keep the deficit
within such bounds as viii not en-
barrass the finances Of the State.
The total state debt as this date is
S2.2S2. 1900
All State bonds purchased with
trust funds have been cancelled and
filed in the office of the Secretary OF
State. and there have been issued in
lien thereof non NEGOTIABLE certif-
Gates ofindebteGncss to each fund for
the amount due to each. in complI-
ance with the provisions of chapter
2, general laws OF 1866.
mrs, ,,-xns
.... e
- 7 i1l oI''''1 - IL . I'',1o' ~
~ IL ~, ,''''e ~, m;ta,., .ost
ment of fine several funds.
The necessities OF the State during
the continuance Of the war compel.
cd tbo aIontion of the present sys~
TOM ~ ingosfino, tbem ii onr own
Stato securities which u far % If
goes moves beneficial TO alI interests.
But HE state bonds now in the
hands Of individuals, amount TO only
Sff0, 100000, and these will probably
be purchased By the Commissioners
OF School and University lands te~
fore the close Of the year 1865. Pru-
dent business foresight requires that
You should. during your session. de-
eide upor the system OF mYestmeh Is
to be purs led III the future, 50 that
these funds may be saved from the
peril OF reverting even for a short
time, to the old system OF loans TO
individuals upon mortgage hecur-
lty, 49,,
Experience mas SHOWN thaC thls
plan 0e ITS management ever - care
tul, IS attended with constant, losses
TO the funds
rAXEs.
Aggregate valuation of real estate
IN 1853. SI26. 059. 2q6.50. Valuation
Of an reaI and personal property,
SlG2. 320. l53.41. Amount OF State
tax levied in 1865, 5000, 27S.7G.
Amount Of State tax levied in 1866
S3I2,735.G2.
WAR EXPENSES.
Own o0o oao Lovo bonn oxnep-
ded from the State Treasury, for war
purposes. since April. 1861. An least
$4,000. GOO have been expended by
cities, counties aud towns through
out the State. for the same purpose,
making a total expenditure on ac-