National opinion. [volume] (Bradford, Vt.) 1865-1874, 1869-10-29
Gorcrnor's Message.
Gentlemen Of the Senate
and House of ReDresentdtires :

OF CDlcI Magistrate OF LnlS state, /
with most earnest appreciation of !
the great responsibility, which the /
action of the people has imposed !
upon me, have met with you, as
required by the Constitutional give
to you such information and assist
ance, as may be in my power and be
required by you to enable you faith
fully to guard the interests Of the
Commonwealth, provide for the sup
port of its government, and conSid-
er and decide upon such alterations
and improvements, as you deem it
necessary, Of its laws and its policy
trusting that i'll the performance
of my duties may enjoy your con
tidence and, if need be, have the
benefit of your kind forbearance,h hut
above all, that we may each be gilt
ed with that wisdom, which cometh
only from God, without whose ap
| proval and assistance States,as well
as individuals. are roWerleSs for
good, and whose acknowledgement
and worship have been made by our
| fathers the corner stone of the Re
public.
During the past year peace has
prevailed throughout the land, CON
trasting most beautifully and signit.
icautly with the stormy excitement
of the years OF warfare for our
National existence, through which
we have so recently passed. The
earth has yielded bountfuI crops to
its cultivators. No general epidem-
ic, or disease, has prevailed within
our borders. And business Of all
kinds has progressed without seri-
Gus reverse, or financial disaster.
For all which grateful thanks are
due and should be revercntly return
ed to the Divine Providence, from
whence all blessings flow.
FINANCES.
The details Of the present iinan-
cial condition of the State and of
the receipts and disbursements for
the year are shown by the Reports
OF the Treasurer and Of the Auditor
Of Accounts, which viii be laid be
lolc YOU. The result may be briefly
stated.
The total funded debt of the State
at the present time Is one million
seventy five thousand dollars, Isl,
07j, j,O00.OO (Which SUN, however,
iucmdrS twenty SeVen thousand five
, hundred dollars. .(21 10000 )of bonds
due in 1876 and 1873, which have
been purchased by the Treasurer
and have not been cancelled, but
are held 10y him with view of eX-
changing them, if fonud eXpedient
for bonds due i'll lS1l
The excess of current liabilities
over current resources is TWEEN
tY-ome thouSaud one hundred
e. aud eight dollars ard forty eight
cents. C$2l, ,l0S.4Sl The present ap
parent total liability Of the State il
'' therefore one milliouninety six thou
,ond one hundred and eight dollars
forty-cjght cents, 81, ,095, ,l0S.iS.)-
But against this Is to be Offset tin
present amount of the sinking fund
which is seventy y-tiVc thousand 81,
hundred and ninety four dollars an'
two cents, $50 5,G9I02D aud twenty
seven thousand five hundred dollar
4. 32l, l,500,o0l of bonds held by th
j. Treasurer aS before Statcd,-makln.
= the net liability not provided io
nine hundred and ninety two thou
q. saud njuc hundred aud fourteen dol
= lars and forty oiNcents, (S922,9l H. iG
For all purposes, except that q
exchange. these bonds held 10y tn
Treasurer may he treated as paid,i
determining the present liidncia
condition of the State.
At the commencement of the yea
the funded debt WAS one million tw
B, hundred and tWenty-seven thousan
'd dollars, Il 80, ,0oo.0o.l The eXees
of current resources over cullel
- liabilities was seventeen thouSan
four hundred and five dollars an
forty nine cents, 81 ,lOJ,lo. Lea'
ing the net liabilities at that TIM
one million two hundred and hIi
thousand five hundred and ninety
four dollars and fity.onc cents, 81
J.. 9,59i IL } But the aWount OF I'll
Il, sinking fund then on hand, WhIc
he was fifty nine thousand six hundie
and thirty y.seven dollars and sevel
II, ty-Onc cents, so, 9,G3I7l, was appI
H. cable in reduction OF that sum-
m leaving the net liabilities of II
-. State, not then provided for, oI
million one hundred and forty M
y, thousand niue hundred and tiItl- =
' dollars and eighty cents, 81, lo,0o
If. 50.
IL, The funded debt has been rcduc,
vet during the year one hundred an
seventy nine thousand five bundrt
dollars, sl70, 100000 which si
- includes th, bonds purchased. b
not cancelled ; and the net rcductl,
of the total liability Of the Sta
during the year, treating those bon'
me as paid, has been one hundred III
-" ilty.aVen thousand forty two d'
lars and thirty yivur cents, slo',oi.
-. 81
W At the close of the war IN IL
E" the funded debt was one million
!" hundred aud fifty thousand dolla
" (sl 900, 10000 y aud the total hal
II ties of the State were one inIlll
eight hundred and thirty -four tho
saud one hundred and siXiS.tl,I
dollars and ninety six cents :
S3i, 1885, During the -four SEA
% | .uI...I. Iu,... ..ll,..uul .Innn IluI IL