Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1868-11-27
NE>sAGE OF THE GOVERNOR.
EXECUTIVE DEPARTMENT T,
RALEIGH, November II, 1868.

RALEIGH, November II, 1OOO.
To Ike Honorable, the General assembly
Of North Carolina
GENTLEMEN 1t is proper that at your
first regular session under the new Consti-
tuition, should lay before you "inorma-
ton of the affairs of the State,'' and re-
commend to your consideration such meas
ures as may be deemed expedient.
The people of the State have reconstruc-
ted their government on the basis of the
equal rights of all. The State is quiet and
tranquil. There is no ground for appre-
hending that secession will again be at
tempted or that the peace of the country
will be disturbed.
The year now closing has been richly
crowned with harvests. The seasons have
been propitious. A plentiful supply of
bread has been produced for our whole
population. SO that want in this respect will
not be felt during the coming year by any
vino will labor for living Fruits of all
kinds have been gathered in abu2dance.-
The staples of cotton and tobacco are afford
ing fair profits to those who have produced
them, while from timber and naval stores
Il considerable portion of our people are
realizing good returns, as in former years.
Cur commerce is increasing. Our mineral
resources are once more in process of de-
velOpment. Our railroads are recovering
from the depre ssion under which they for
merly labored, and pro missing better returns
than heretofore to the State and to the
Stockholders while the new lines of COM
munication are being laid out, destined to
penetrate and develop the great natural
resources of portions of the State hereto
fore untouched by the hand of improve
ment. The State credit has been re-es-
tablished on solid basis, thus giving
promise that at no distant day the bonds
of the State will command as much in the
market as those Of the most favored and
prosperous States.
We have great cause to be thankful to
Almighty God for the manifold blessings
which He is bestowing upon US and we
can confidently look forward, under His
protection and guidance, for condition
of prosperity and happinass which we have
not heretofore enjoyed.
STATE DEBT AND FINANCES.
The State debt and finances will doubt
less receive the thoughtful and careful con-
sideration of the General Assembly.
The amount of the State debt on the 1st
of Oct, 1868, was nineteen million two
hundred and niue thousand nine hundred
aud forty-tive dollars ($l9, ,2O9.9 945) This
includes estimated amount of past
due interest to be funded under
acG OF august ~, 1908, OF TWO MIL
lions of dollars. (S2 900, ,00O.) The above
amount 1919, ,2O0, 945), is inclusive of bonds
issued for internal Improvement purposes
since May 20, 1861, and prior to the year
1866. The amount of these bonds is one
million one hundred and twenty-eight
thousand dollars Isl, ,129, ,OOO), and the esti-
mated interest thereon due and unpaid is
one hundred and eighty thousand five hun
dred and ten dollars (SI9O, 51O).
The amount of interest which has ma
tured Oct. 1st, 1868, and when paid in cash
is one hundred and twelve thousand one
hundred and one dollars. $112, 1OD. The
interest maturing at subsequent dates du-
ring the present fiscal year is as follows
Jan. 1st, 1869, three hundred and eight
thousand one hundred and ninety seven
dollars. ($309, 1917 April 1st, 1869, three
hundred and four thousand one hundred
and one dollars. ($3O4, 1O1.) July 1st,
1869, three hundred and eight thousand
one hundred and ninety-seven dollars.
ls3Oo, 1877 Total for fiscal year ending
sept. 30. 1869, one million thirty-two thou.
sand san M i've hundred and ninety-six dollars.
lsI,O52 596.) The amount of interest above
stated as falling due April LIST, 1869, includes
th'eIest on bonds four millions five hun.
ared thousand dollars, (S4, SOC. .OOO,) yet to
10 issued, bearing date October 1st, 1868.
Inc balance remaining in the hands oi
the Public Treasurer October LIST, 1868,