Bradford reporter. [volume] (Towanda, Pa.) 1844-1884, 1867-01-10

LlaUllltleS IN excess OF assets -. go, UlS St
1862, O52 II
Liabilities in excess of assets,
November 80. 1861 ..... S2S, ,l4S. O6O 81
Liabilities in excess of assets.
November 80, 1866 .... -. 536.OlS Sc
Improvement in Treasury
since 1861 l............... 5,6l2, OIL IL
The extraordinary expenditures,
during the war and since its close, IN
payments growing out of it by au.
thority of acts of Assembly, have
amounted to upwards Of five millions
of dollars, which, added TO the actual
payment Of the Indebtedness of the
State, and money in the Treasury for
that purpose, shows the revenues,
above the ordinary expenditures, to
have amounted to Sl0,6l2,000, which
would all have been applied to the
payment Of the debt of the Common
wealth in the last six years. A care
full attention to the revenues of the
Commonwealth, with such just and
prudent changes as may be required
in the future, and a wise economy in
expenditure, will, in my Judgment,
ensure the entire payment of the pub
lie debt, within the period of fifteen
years.
The time fixed for the redemption
of $23, I0S,6 ,626 q Of the indebted
ness of the Commonwealth having
expired, | recommend that provision
be made for its redemption, by max
ing a new loan for that purpose, pay
able at such periods as the prospect
i've revenues will Justify.
TeCur, with much satisfaction, to
the wisdom, prudence and economy
Of the representative of the people,
in the management of the finances of
the Commonwealth, during a period
Of much embarrassment, uncertainty
and distress, and congratulate you
and them on the near approach of
the entire liquidation of the public
debt
Since my last Annual Message, l
have drawn from the Treasury, two
thousand dollars Of fund placed in
the hands of the Governor for secret
service and other extraordinary ex-
penses, which | have expended, in
payment of my personal staff, and
for other purposes, as heretofore, ex.
cept FIVE hundred and sixty-three
dollars and forty-eight cents, which
have returned into the Treasury
| present, for your consideration,
the amendments 10 the Constitution
of the United States, proposed to the
Legislatures Of the several States by
a resolution of both Houses Of Con
gress, passed on the 10th day of June
last. | was glad that il was possi-
ble, without delaying the final adop-
tion of these amendments, to ascer-
tain the opinion of our people upon
them, at the general election, in 0c-
tober last. By the election of large
majority of members openly favoring
and advocating the amendments,
that opinion seems to me to have
been abundantly expressed. Indeed,
the amendments are so moderate and
reasonable in their character, that it
would have been astonishing if the
people had failed to approve them.
That every person, born in the [ United
States, and free, whether by birth or
manumission, is citizen of the Unit
ed States, and that no State has a
right to abridge the privileges of
citizens of the United States-these
are principles which were never SER
iously doubted anywhere, until after
the insane crusade in favor Of slav-
cry had been for some time in pro-
gres. What is called the decision of
the Supreme Court of the United
States, in the Dred Scott case, has
made it eKpedient and proper TO re-
assert these vital principles in On
authoritative manner, aud this is done
in the first clause of the proposed
amendments.
The right of prescribing the quail
ifcations of voters is exercised by
the respective States, under the Con-
stitution OF 1889 three-hfths of the
slaves were counted in ascertaining
the representative population of the
several States. The amendment to