New-York tribune., 1869-06-04
NEW-HAMPSHIRE.
INAUGURATION OF Gov ONsLow STEAMSHIPS
ADDRESS.

INAUGURATION OF Cow ONSLOW sTEAENo-hio
ADDRESS.
CoNCORD, n. H., June 3-The inaugural cerc-
monies here to-day passed off in most successful gan
per. Several Fx-Governors Of New-Hampshre, Gov.
Cafin and staff from Massachusetts,, and number OF
prominent New gland gentlemen were present the
services took place the hall Of the House Of Represen
tatyes at noon. Coy Hartman delivered brief ana
appropriate valedlcory, when the Hon Onsow stearns
took the oath Of Office. and delivered his inaugural ad'
dress Of which the following is an abstract:
THE INAUGURAL ADDRESS.
Gov Stearnss naugra Message is brief referring the
Legislature the reports Of the various state officers
and speaking at length OF only few important subjects
OF legislation II shows that the State debt has been re-
duced in the sum Of $4,000 during the past year ana IS
only s3lS7OO0 At the same rate OF annual reduc
ton the debt would be eXngushed in about eight years
The debt now mostly funded and bears only SIX per
cent interest aud the message recommends lower rato
OF reduction in future II earnestly advises retreDch
meDds the suspension for the present, OF the aws
requiring the annual parades and encampments
for the publication OF the "ProyisIonal Recorls II calls
careful attention Of the Legislature to the laws re
tive TO the taxation OF deposits in savings balks ana
shows that these deposits nave increased from 10
In 1866 to 63957 % In 1863 which 1t attributes 10 te
change OF capital from other Investments into these e
poSits account OF the profits which are offered or
them and also account of the much less rate OF TAXA
are now subject recommends revision Of the laws
relative to taxes foreign insurance companies anu
The Adiutant- General is complimented upon the
efficient and successful administration OF his duties
purposes is recommended. The Importance OF the agl
cultural interests Of the State shown and that IN o64
the capital invested In them was about 0OO against
$23OO00O0 interested I'm manufactures, when proportion
probably has not materially changed since; The eapita
now invested in incorporated manufacturing companies
exceeds S22 100000. Of which moro than hyesxths
owned out OF the state The amount OF local taxes ha e
they pay to their operatives more than so,ooOvo 10
each year The message strongly urges the
Increase Of manufactures, to afford home market for
the productions of agriculture, and shows the import
nnce OF railway facilities 10 the interests Of manufacture
In At
OF the present railroads In the State has been apon,
s2l,5OOOOO OF which oonsderaDy more thah 10 th
same roads is only about S2OOOOO, showing los
cost TO the stockhoiders The total dividends paid for
OF years would make an average OK less than lhe
The amount of tax paid by the road the past has
been $2l56l5. the message advises ludclOus ekslaon
for the Improvement Of the undoveoped resources OF
the State and closes with the following allnslOn 10
national affairs: The result OF the Presidential election
indicated the popular approval Of the Congressional
policy of reconsrucuon, aud rearmed, with additional
emphasis, the great principles ON which the BaI
poiicy Of the National Administration we
NAV hope the public service will be purified me public
credit maintained. and security OF property ana Oh peso
guaranteed every citizen; while such measures are
the interests Of the whole country IL VIII DC your duy
during the present session TO act upon the proposed
amendment 70 the Constitution by which the night OF
suffrage is impartiay extended to all CITIZENS without
regard color The principle embodied therein
state from its earliest history. have doubt It's pro
visions will meet your appreciation. and that you VIII
of the nation IL gratifying 20 believe, that with the
adoption OF this amendment and tho wise policy pursued
by the National Administration under tne reconstruction
measures OF Congress, all the States recently III re-
beion will at distant day resume their
places I'm tho Union; and with the old ele
ment of discord removed. may rejoice In antici.
patton OF the blessings which VIII fow from
nermanent and abiding peace IL is the duty Of each
section OF the country cultivate fraternal relations
with every other, and am sure that New-ilampshre
will not be behind her sister States In this good work AS
many bateheds Of the war; the flowers spring
up, and the haryests rlpen, 50 let there spring
up over the hatreds aud animostes OF our
great struggle the kindly sentiments OF recon
cilation and friendship, which shall ripen Into a
harvest OF good deeds 10 each other; and thus
may we hope unite the different sections OF our com
mon country IN career OF prosperity aud happiness.
Senators and Representatives: The varied interests of
the state your hands, and upon your deliberations
earnestly invoke the blessing OF Almighty God trusting
you may DO able to promote the welfare OF the State aud
the La. iuess OF its people
This evening there was reception at Gov stearns's
house at which there very large gathering OF Ia
dies and gentlemen The day was, In great measure,
holiday throughout the State.