The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1867-09-10

have had an opportunity of noting fol
n long while back, ar?, :. rule, tn,
rates were much firm.: lh..l at the clos,
of our last report.
Governor Bramlette, of Kentucky, il
his valedicrtory upon retiring from of
fee, gave general account of his stew
ardship, which shows that h. has beer
a faithful officer, and has well admins
tered the trusts committed to his hands
He presents in brief the following state
ment of the financial condition OF the
State:
When I came into Office the debt OF
the State created before the war was
e.. sI5 .234 O3, We borrowed and ex.
pended during the war, in supporting
our government, S6,653, 54 81. IBIS
added TO the debt existing before tne
war. and unpaid when l came into
otf;ce makes slO,469, $40 81. OF this
we have paid off all except s4,64o' l96 40
This amount includes all our present In
d.btedness created for internal i'm.
movements and school purposes, and
the debt created for war purposes. The
school fund is made a permanent debt
under our constitution, the Interest on
ly PAYABLE. Deduct it-Sl ,632, 297 As
from the debt which is to be paid, and
it leaves onr present debt S3,0l3,9O2
To meet this, We have in the Treasury
at this time q, 4G7 ,6i7 0l, and in the
bank and other stocks constituting the
sinking fund, $6,l05, 294 so. We also
have a large unpaid balance due from
the federal government for war expend,
itures, which is now being pressed fol
settlement. | found yOu i'll debt with
an existing necessity to largely increase
that debt. leave you with your debt
reduced, aud ample means provided to
discharge all yonr liabilities.
While the Democracy Of Pcnnsylva'
MIA are now making almost the sale is.
que in their approaching election upon
tile Radical extravaganza which Is
yearly plunging that State still deeper
into debt; while New York makes the
same issue and complaint; and, indeed
while there is not single Northern
State under Radical government that
pretends to have made any material re
duction in its war debt; and while most
of them are grooming under increased
State as well as national taxation result
ing from Radical misrule-Kentucky
alone shows balance-sheet to-day %
which any State ought to be proud, ano
for which the Over-taXed people o.
every other Stare should devOutly pray
And vet, this is the State which Radi
calism now demands should be "recon
structed;" unrepresented in Congress
subjected to negro domination or turn
ed politically into a second Tennessee, by
admitting that it is nominally "in the
Union" when it is in or out of the I'm
ion as Rldicalism from week to week
may consider most "politic" for the pur
poses of the party. -.
The kind of Reconstruction" really
needed may well be borrowed from Ken
lucky, and applied to and adopted in
not only the Southern but the Northern
States. 1t is the kind which reduces
State debts, thus reducing taxation, ant
appealing directly to the pockets a
we'll as "priHciples" of the people.
This financially; and to this point the
whole matter comes at last; and il
coming soon. If "rebep governments
reduce debts, and thus relieve the over
burdened people, the people everywhere
will prefer what Radicalism calls 9
"rebeln government in Kentucky, tc
what Radicalism calls "loyalty" in
Pennsylvania or New York.
Politically, Governor Bramlettc re-
views, in brief but comprehensive par
agraph, the situation in Kentucky:
| found you in the midst of n terrific
civil war; the State trembling beneath
the tread of contending armies; OnI
people kept in constant dread of guerll-
las that ravaged the S ate, and of mill
tary satraps who were a disgrace to any
cause. | leave you with Astounding
peace and good fellowship restored ts
our people, and with peace aud prosperi-
ty within, we had no. dangers from
without TO menace our security.
And Governor Helm, his successor,
declares that his own energies shall be
devoted to the maintenance of the same
universally Astounding peace, good fell
lowship, and prosperity; and he prom
Uses in his first message to the Legisla-
ture to suggest means and measures for
improving and benetitiug the negroes,
and making them better citizens. Has
Brownlow said anything of this sort
Is Tennessee in the condition, tiDanci-
ally, socially, or politically that appears
to-day in Kentucky And yet Radical
ism holds up Tennessee as u model
Southern State "in the Uniou," the first,
best, aud only specimen, and mutters
threats about demonstrating" Ken
tucky ont of the Union.-Ner York
UOrtd.