The Bedford gazette. [volume] (Bedford, Pa.) 1805-current, 1868-01-17
GOVERNORS MESSAGE.


tn the Senate and House of Representa-
Tires 0ffhp commonwealth Of PeHSyt-
Cu7td:
CENT? EMEN Before performing
the customary and constitutional duty
of transmitting to you information OF
the affairs of the Commonwealth, and
recommending such measures to your
consideration as are deemed necessary
and expedient, it affords me great graft
ficatiOn to tender to you my most
friendly greetings on your assembling
at the Seat of Government, and to wei
come you to the council chambers OF
the State.
Our grateful acknowledgements are
due to the Benefcent Author Of all
good for the continued prosperity and
Well-being which everywhere pre-
walls, for the abundance which has
crowned the Iabors of the husbandman,
for the general health with which we
have been so signally favored, and
for all the enioyments of peace, con-
tentment and happiness within our
borders.
Our country has just emerged from
the trials and dangers of an unright-
eous rebellion and entered upon pc
riod of important political struggle
arising therefrom. Being convened
as the representatives of a confiding
constituency, grave duties and respOn-
Sibilities devOlVe upon you to SO lCgis-
late upon the great and manifold inter-
ests committed to your charge as best
to subserve the welfare Of the people
and advance the honor of the State.
The fullest confidence is entertained
that your deliberations will result bene-
ficially and your public duties be faith
fully discharged, and on my part, per-
nit me to give you assurance Of zeal
Gus cooperation in all your labors cal
cuIated to promote the general well
fare.
One of the most important duties
devOlving upon the Legislature is the
consideration of the public finances.
Such action should be taken for the
provision of funds to defray the cur
rent expenses of the Government, the
preservation of the credit of the Com
monwealth, and. the speedy eXtin-
guishment of the public debt, as cir
cumstances shall be found to require.
These objects are of the highest impOr-
tance and claim the first attention of
the Representatives of the people.
Finances,
The report of the State Treasurer
shows that the balance in the
Treasury November 30, 1866 was sl,741 ,O33 81
Ordinary receipts during the fiscal
year ending November 30, 1867, 5,423,33O OF
Loan for the redemption of the over
due bonds. ...................... 23,OOO,OOO 90
Deprecated funds in the Treasury,
unavailable e................:. Al ,O32 90
Total in Treasury for fiscal year---
ending Nov. 80, 1867 ........... S3O, ,2O5 1895 81
Payments, viz:
Ordinary expenses during the fiscal
year ending Nov. 80, 1867. S4.5S3, 606 so
Loans, &c, redeemed. ............ 20,9I8, ,S29 SO
Deprecated funds, unavailable. -. Al ,032 90
25,548. .558 IS
Balance in Treasury, Nov. 80, 1857, 4, 661 ,836 As
OF which the Treasurer reports as
applicable to the payment of over.
due loans, the sum of.......... 2,937,978 55
Balance. oe...................... 1,728,875 81
Amount of the State debt on Nov.
80, 1866 NEUTRALITY-SUSPICIOUS.. S35; ;bZ2,O5Z 10
Funded debt, viz.
per cent. loans. ga, ,5ll, ,lSU w
per cent loans s................. II, l04, 025 20
At per cent. loans. 10000 OO
S37, $50, ,2Q5 20
Unfunded debt, viz
Relief notes in circulation ......... 80, ,62j 90
Interest certificates outstanding. 13,0S6 81
Interest certificates unclaimed. -. 4,44S 80
Domestic creditors certfcates.... A 81
,204 56
Total outstanding g............... 37,7O4,40 II
From which deduct the amount in
Treasury applicable to the pay
ment of overdue loans. s.......... 1887 .97S 90
81, 4,766, ,43l %
Amount redeemed during fiscal year----
ending November 30, I867...... 855,620 81
That the operations of the sinking
fund may be clearly understood, the
following "recapitulatiOn" is quoted