, 1870-07-30
THE MICHIGAN RAILROAD BONDS
governor Rfntdsxin,s M enxn;c 70 thc
Legislature In E.A1Fn ScsStou,

Governor rRnidsxiu,s mesxn-e "a III
I.eEthtnturc In Eafrn scsstou,
kEsAToKs AND REPRESENTATIVES,; ! nave dce4
"a y NY uuly 70 CHI YUu together Ill t1ttaurl
hAtt steatun, to subniiI for yuur constderat!n
20 nSo1ees4 aaect'y Affecting th'' honor and coo
nAL1 VI The Ie'uic ot our wilole commonwealth
- Inc foWets III government are slIyu!etl tut
Snlge derastn stnents-lestslattvr, Executive, na,
J1.i1cisl; tee duties VI each xre a!s;lucl aud We
nenued: un o,r may discharge " infringe W.
INT duties Ut another.
To The Legislative branch as the gnycromcn: ha
Orrn committed tue lAw.Iu~klnG ,towtE, 8uotte
only TO sreh rIairtctoAs or l1nisat1oas ART con
Contained III The Constitution VI Tire State, .. q
To the judicial Department has been cuszustr,
TIC province Of atctntug what Is law. IN ! Of ~
nuuIng unconstitutional cnActn,er,tA
Legislatures, ExrcutlFes, At courts arc com nnsct
o: iLsllrtuais. a1u may CIT. LEGISLATURES paA
ussi t's's'F.te iuay give their arnnural IA act4
Wt3th thr Judiciary, III the txcFclxe ii It's nghttu
Tu,ar. .i.is. may dcelr to h. >ttnt,nat: i,1
tkc original auh ultimate Sovereignty Il wit tnt
Isopit. y Wh"tn cohst:sut11s arr IN .de, AMI Gll
tnanreS IL tic fundamental law should not b,
1ssEntht Ut fna'lc utrun S.:a: t'zeteAts, or uiyt
H"Hs't1t! eAf*sa:eAcs; Lut sn'ul h: tua.Ie wllrrs
hesus 'iuutts cAl,t as IN the psulas CONSTRUCTION
ol Important trss ssis.4s: nr wu.r: experience t,s
sl''~ the hetesatsyu uf such alteration: md Ger
.4sn.s: Whsfs. ~thot s''ch change, nIustlce aut
"suhx *nuat t'c sUle IL any IusiUta oI lte 1.ep
- aes!es -! ia"s cnscte.. III i've successive se5
siohs o' tfr i4gs!aturc. an,i, with The exre5t.,:
~
3usttriAi authority Of lat s;sa:e, beet ufuuouil,,
n:a' osil;tt"s,al nu ral. Tt-sc Il !. ..st. some
Wilt ifss ttt IN trtr Pt.iSI.tpI-, ut all nf then
wrvc ic.trl IL euable tic |e,,tle uf either cvua
f+:. fJw:'-;~. t--, 4r url,or1t,i y.;ta...s /.
ihr:r r';sit'atc calesy I" lu LII tae cols;7,:iiot
nI rat .a.i..
iitr reH, ri Law OF 1850 WIS consttrras,,y 1uarr
fcst:tc':sr a stringent III lis rroy1sl., tlan mi
sr.ai at1. 81 tfcth US 3vars- In the at VI 1s;y
t""hshlit- r:st, ant tAct'! Hr4tevI yII,a..s-h
n;'i s-Wcrv hutlttazr,l to ILL., t., i.ntt. II
afHtaIf, h:hr .ulstruc..t.u II r.tIr,a.s liz I.,au
tr 'tu1,ls!Hn. Ntlc n1, Astl silo;l .r. y,i4lt III
thc ttUt, f.Uusi, fai.stt IL lfs.r nt,l Ic lsrI.I
III 'lit ticr Ot lit STATE T!4asucF, hut csii llut
t%'cllHt real IN any fa!Esau .ssfnE4ny HiIlif such
tfauy hail s1ssui iEt"i iis rls1.iH~I. aui lrtne.t
lr lual Nitl su.sl IaI stll,i IN. l..l by ttf-t-
Glars tais,s..ls, {Futs Its !uisia1 Starring y nr
through the municipality ISSUING ths sails: nor
ufttl thc euulI'lhY rh11hl 1tasc fully cuIupstef
Wilt tatcStf &s,t,IitiDn% Eat tl1u1fC1f,1lty uElt
have lEtn'>s1! tn yt,Inx It asl.
nlef tn. atthIEIt5 tUl!tisls.1l In these Laws, &c
entities ur lr,st. tnt II Very considerable a,uut
have lrlt lcIiscF1i a,.,t arr now hcIl hy parties
who have curt:fak1i them Ill Rntl iath. Judging
the Nlersf 1,'Ai1c information, which have
es' AtIf: fat tfst:lln, ALL III the GJit: that far
fc iaIseT part Ii he'll tr pcsshns II ,ntplrsa.c OF
st ~! u, u, as: +. ut 1sw instances the entire
t.!rrn arr Ah"n Il, In. Invested In these struE1-
fits- II is s*:artry hecs'hsAts u ssy that without
ttsslslun f'f their pay meAt In Many cases. great
tuchr, nicnee In suffering lunst cnsue, ami this
nus1 IT Liz ease IL u greater u ess extent even
ny IN. 's- Nv 't nxshcnt Ut any one Or Ut The
iIs r..,. LASTS Lie municipalities directly inter-
t''ti tave, through Their launlcIIa1 t,oar.ts ex-
pE'.ss*" the tltsire aud slceEin[ustu ~ acknowI-
exe aiHt l'r7'<tte for tho Iaymrnt Of these ilst-
urs: tzit II EnIsf 1,t Ftnlrtnsfr! that, however
GQtLtz!s stCtI authorities t1ay tfc to ar1Id the
rc,,sntaslon Ut the!r honest t-bts and to Keep tu-
tsuis1e The faith Of their Respective C0fpor1tiuus
there Il DO authority VI Law by which such pro-
ttnlttiA CHI t,r malt. Nj tax c.lu te lawfully
na,'s y. ct'l!ec;etl 10 proside means for paying
eIthff principal or uteTrA1 any kuch Tux plarcit
ninn sAA-ttIll would nut luy In. vl aItd uncnl-
,rta''r. hut might sittate the entire lax VI such
Ii tvs BEEN supposed by many that these bonds,
u 81 iensl m',st Vi them, were Issued under the
law ol 1s19; that tsc act WAS Passed under c1:-
%aJt.t Ut TIE Ec41 TT suIIoset t,e,rlts to l,s. -
rsvt1l frs'in tisc cxtcns..'a III iailr.,al faclta
Ii ee:tatnly true that, a pIrt.an of tnu munich
Pat alir"a' n!I tDn'1 zinx outstanding were il.
Hlfd ist.irr Lie authority Of legislative acts Ut
1-6e- In, these ct'mrri-e only little most tnan
uh'-I'ftH of tue Wn0tc 1itlnunt nov III t,e hag:ts
ht faftic* VI lavc purchased Als paid for e1u
in & ..I faith
Il Is ut".''uttriis trEc That IN small rnrton Of
the rt'si.. uf ts' State art frs .v.f tnffr3t In
a1*i strsnr ''rstv f1s ,he cpnstr,lcunn uf rail-
Fra'ls. ata has': sNtl tast1 wiling 4csitols Il,
grant nunl.ii.al atss fur ts.at iu'i"'s".
Nhrttt II + Dr Is nut VIM III Cotlstrlic: rail-
Erhls. undo. any circumstances, 10 u ;,secr rx-
tent 1aan cah I've d"ue y Individual iEl.a,e III
ierI1th. utt mt k.t: discussed, III This t,,niletlihn
lus H'Rrftf tl* may IN, the tDsrl- nr.w s,;Its
tfE ar. hot the rc-u 0t auy .ltti,icu Itii.,
liz eacifcA'-At OF day, uF II ANY oue Lc::i 81
1u1t.
Tie following summary viii sIe- AZ frar a.
nlay t' nserrtaihct, thc amount ri sue: sstt:.~
Hh~ outstanding. HialtE t:t: Fas1olls tudl!iny c.-:
Special sct> Of lsta, AMI II liz rx::,t
-tt*s!un q! lscs, aFtftsc.f by t;hternE
sircta! asta u iss', arrroSt,, l.y t:"s:;. ''
Special a:s II is6;, pass:.i W.: IL: v::o '''
ot Geve'1or csa,o. o......,....... 49,, 4S,rsu
Laws oI l-''a. approved ty TIC f,c.ent -
E.'rn1sye... ;, -. .... a:.,,aN
Total .-......- ,*:.;,a u
u will TIC observed that n.n-:a!f vi tn. Et.e
amount was ISSUED uEslrt thu laws ut iet,1 uttl
letl. stt1h oLr-tourh als.lT The enabling acts oi
Its H1ist lets. an1 little niura. taii u1le- fU.tft
4ns.eI tlIs l1~> # I~+i3
AEt twn SLATE has ss, isrn singular In raxst:1y
: enaifn- arts Il fala character: fnf less than
twtiltr-twnhf fhr STATS htvs. similar sams u,nn
tss -ssSs ~ ,ir n t IT, M Il 'hss. ,s
besu tlr rut.t ii j!titc.a adjudication; IN all vi
these STATE. >ua is.-istatlut hlI t.tcn si:- ;ac:f
sav" III Iowa and Wisconsin. AMI originally ii
The States were In, following The exam,l. Of
C. -frr:. ~Iitt' botiy, III Is we'll k1nwn r1'lr
x tasist GRANT. o! lan,!s trI .xg to tile ,s.tle,
~ wrlt a. large su'ssnlls-s In t4,rs, 10 1ar,lla
In ISL CHnrEess gave tu thu state Of Michigan,
anu II tnsh "f eight ut!,cE Statrs nAuc'l in lllu
Art. ind 10 e LIB new State thereafter a,lInift.l
tntu t:e ttsihH. Grc huf,sl.et3 thoHs1Et ncrrS Ut
public laills. " fur the rufJn'se@ of internal yl-
pnrtn'enf, said ians to lr 't!-pos1t nf. and the
NET rt'tHis s'f the saat< app,i.4! To the lusItngof
Eur'iS, Railways. !11tsrs. ca.iaIs," At-
l'"' unt rail attention tn stur own reiterated
slatlntl. tn the rAsr.,~is- l,vt.,a,i, Ut nlh.r
Eta al,a 1T Congress, :,u,. 10 liz sa,r:!nn given
II ts tho CUNTS Vt "1hrr STATES, either f4r tlc
:nst."f .'Aftes slug an ap!r'vat III such ,c,.sl.-
II, br 81 d:s>t'tg lug ttnM The .!trstan rcnrE'tl
II :Er highest c"urt nf uur tw1t Stale; l,lt sim IT'S
% thr 1nrIaA ii Showing, that I,lcss VI tt.slt!s
l>.t:s7i t'"lrF The autonty # fvc >,c''4Stvc lag.
tslatnr-, aNd apf'EDyt1l ly thra.r Sarccssre En-
tuttte> u NIehlsaii. hal :.uol rras.,l, t. helit>,
sh1t Hey were Eccrtytng EccuFirs nj value, such
as thslr fare inLHs1.-i, an nt Justly cltt,i that
tnf&I ft, a.,
a""r't H1i'f autfUrtzcsf to rsakc I'Eusl+lun fur
:CulcF t:s rrtnt lr,isiun nf thr Supreme Court
All :+tEd AID l~'A ls,n,al l.y xtrtut. u ttl. vAr-
t.st rt'al'.i1S arts contained In thr statutes nj
MI III, ri. ar v''. abl. under rsrscnt rlrr,,n,
s.uns.r. w'.rt!h.n-; imt i .erta!aly WAS not tic
tl' t:."i!s II :'c several Legislatures hy which
tSr laws w"t.' passed.. or the municipalities which
have .ladr unit i-sn.rl Til" s4rtlgss, to t.ettvs
the trI!r. OF 10 nrucnrr their onrS without
vibration. t,y placing IT. thrts haiifss empty. wsth-
LES rrun'sss-S I" Pas. The Legislatures inat an-
tau1szt1i, atI Tic people Whu Sute1l tU 1ssue The
lff.,s kitA sri ttry ,.c actin: unt1cr consti.,,.
trt.sl AMI Ian ful anthtv!ty.
Although tf'sis, is now .sa way nf rntnrrnE t'eto
eCIiun, Ht1 iii l. xul tlpat1,,n far thr rayupNt Of
these secust e.. the muras obligations Vi Il State
ht!.i Ut ito. !e az al aatln-. ami sh"nti he
r ~ sS ;, sscfs-.. nc a. y tn,r ':a' tllsas'ons; ne
thr runntit>. TOWNSHIPS aud c,tre by which sless
ttls hate lnet sssit,i. il directly cnnrern.,t III
tue ~ snsnt ~ sh'se airc4hs s"hi anu now In TIE
haIuts Hi IL nj Al tl.!.f :s-
The crt4lli ot no State stands higher Than that
o. Mkh:gaii. ass'f ihr iA@oit taAsut aiE"r.l, aa
tsEst witt ntst Il, llat.. her gu'ht natnt
tAr1Issht~l II the 1trullathu y! either lyxal D,
uoS2l ss.itgatIM..
As II" rrt%ent emergency rnEll n;ly h4 pn,-
f11t1t tus f.s All AlrtnsI!It 81 The tusiRtuen;at
lIw 0! tlt'' elae, and Is es.: 7l,lftopal a,ntn-
meats risst fEst rs-s!ve s'. sarcts: u th. Leg
i>!autc a:"t san ,hly ir' 1rt,st.rt L, t1sr trple
NJ G'IctAf h1thniIt -shEr:i&,.f ttr:i,,t uilu n
the rtf.:>:! " nsE:.c: III tsc al rrsErr AMI r,,,4-
eIiul:v a lii ans Ia rIlar tue municipalities Iii
s>HIiy in'etr,.,,l, fo ICc0gntze and rrnv.sle fnr
fJs1