The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1869-11-26
THE GOVERNORS MESSAGE

THE GOVERNORS MESSAGE.
Fel'om- Citizens of Me Senate and Gen
n'n'e" Of III" Ho"se Of Representative. ::
In transmitting my second annual
message to the General Assembly, it
gives me much pleasure to congratulate
you upon yonr occupancy Of your new
halls of legislation, which contrast SO
fa> orably in appearance and adap-
tati"n to their purpose with those you
recently occupied. May their lus
troas beauty be typical of the bright
rning prosperity of our beloved State.
of her unstained honor, and untarnish-
Ell credit; and may it witness the
purity, the patriotism and tho wis
dom Of her councils, until her princi-
pies arc as firmly established "a the
foundations Of this cdificc, and peace
and prosperity prevail within her
borders,
RAILROAD AID.
l am gra'iticd in being able to in
form you that much progress has been
made during the past year in securely
placing the finances of the State ON a
firm and healthy basis. This is owing
greatly to the decided stand taken by
YOU 1T the close Of the last session in
declining to iopardizc the State credit
toy yielding TO the presur" hrousht to
bear upon you by individuals and
corporations for State aid for the con-
struction of railroads. The financial
reputation OF n Commonwealth, like
that Of an individual, depends upon
the care with which it cherishes it's
resources and the prompitude and fl
deity with which it meets it's obliga-
tions; and the correct and honorable
BUSINESS man who desires success is
careful that his reputation and credit
is not tarHis!,ei by unwiscly lending
! the use Of his :;In" to parties who
! have nri'hrr CO.: or rrpu:: :,tion 10
| iO>,. :i.';n',i,..S
THE STATE DEBT.
! lr' :n'snNin.r s:a'ninrut exhibits
D.. tn" ini,'n,r,i',,..s and ,hc assets Of the
State, October 3l>;. 1899: Funded
! dent OF tic STATE six millions one hun
'ii'cd and cighty-thrce thousand three
hundred and forty.ninc dollars and
seventeen cents. The :rt:,' am,.; ut
of assets held by the State on that
date WAS two million seven hun
drcd and fifty-four Thousand six hun
drcd and sixty dollars interest falling
due during the fiscal year of October
Both, 1869, three hundred and eighty
eight thousand six hundred and nine
ty-threc dollars and cighty-Six cents
For full and detailed statement of
the financial condition of the State.
would respectfully refer you to the IT,
ports Of the Comptroller and Treasu.
rer The State debt is comparatively
small. amounting in the aggregate to
ai"rut six millions one hundred and
r:Sh'y-:hrrr Thousand three hundred
and f"r:y-ninc dollars. The taxab G
property, ut u low valuation, will
amount TO one hundred and ninety
millions cf dollars. During tho past
fiscal year, at q season, too, when on,
capitalists, merchants, farmers. me
chanics, and others had all their mon
cy invested in their varions branches
Of business, million of dollars fol
7 taxes was received in into tho State
Treasury To moro fully illustrate
tb" ability Of orr people to meet al
necessary taxes, we may refer also tr
the payment by our citizens into the
Federal Treasury, as Internal Rove
me. Tux amounting to tho sum O.
92G22 ,690.69, making an aggregate o
taxes paid into the State and Fedora
Treasures the past year Of over three
J and half millions Of dollars.
REDUCTION OF TAXES.
! + would here recommend that yor
; momoria'isc your members Of Congress