The Manitowoc tribune. [volume] (Manitowoc, Wis.) 1866-1878, 1868-01-16
GOVERNORS MnSSAGE.
70 The IefJlSZllt,irc

LO WC LCGtSUltWTc
The circumstances which attend your
coming together are well calculated to
call forth our deepest gratitude to the
Creator for the merciful kindness with
which he has guided us, as a people,
through the year just closed. The Di-
vine hand has not grown weary of show
erlng upon us blessings in richest profu-
sion. His gracious smile has rested con-
tinually upon every department of our
industry, crowning the husbandman, the
miner, the manufacturer, and the laborer
with the rewards for which they toiled
Our resources have been developed. cap
ital has largely increased, our population
has been largely swollen by the influx of
hardy, honest immigrants; neither pesti-
lence nor famine has been permitted to
gain lodgment in our midst The year
has been marked by no glaring infrac
ton of the public peace, but law and or
der have reigned supreme within our
borders.
Heartily do I congratulate you, gen
ticmen, and through you our common
constituents, upon the general thrift and
prosperity of the people, and earnestly
do | unite with you in imploring con
tinuance of God goodness and care to
our beloved commonwealth.
In the discharge of the duty devolved
upon me by the constitution, to commu-
nicate to you the condition of the state,
and recommend such matters as may be
deemed expedient, [ shall confine myself
to general statements, referring you for
details to the various annual reports,
which are herewith submitted A care
full examination of these reports will en-
able you to determine accurately whether
or not the public moneys have been judi
ciously and honestly expended. and
whether or not the public servants have
been faithful in the discharge of the dI-
ties with which they have been intrusted.
Such a determination is due both to the
people and 20 those whom they have
honored Xith their confidence. You
will find the gentlemen in charge OF the
state departments, and of the different
state institutions willing and anxious to
cooperate with you IN managing the pub
lie affairs with the utmost economy con-
sistent with the general good. In the
belief that before many years the people
will demand constitutional convention,
| refrain from making several recon-
mendatlons which would, if carried out,
involve change in the fundamental law.
The finances of the state are in excel
lent condition
STATE DEBT
The PRESENT Indebtedness Of the
state is s227oo57 90
Of which there is due to the
school fund 1,3o490 90
Normal school fund 3Sl 800 90
University funG 10l 900 eo
State bonds in the hands of in
diriduals 4os, 900 90
Currency receipts outstanding 81 oo
State bonds to the amount of $50, 800
have been purchased with trust funds,
Cancelled, and certificates of Indebtedness
| issued in lieu Of them, according to law.
The trust funds of the state have never
been more safely invested, or III better
condition. | again recommend that
provision be made for their future IN
vestment. The state bonds outstanding
will undoubtedly be absorbed by them
during this year ] think the commis-
sioners should be aushorized to invest
these bonds in United States or other
first-class bonds. Certainly no system
can be devised which will not be safer
and better than the original one based
upon loans to indIviG aals.
| The receipts and disbursements of the
general fund during the last fiscal year
were as follows: