The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-01-06
CONSTITUTIONAL AMENDMENTS.
.fectionS of Our Criminal Laws
and Jurisprudence.
CAL LEGISLATION.
York's Great Transportation Route Be-
tween the Lakes and the Ocean.
fERNMENT TOO COSTLY.

FERNMENT TOO COSTLY.
People Should Take Public
fairs Into Their Own Care.
xEcuT1yK CHAMBER, ALBANY Jan. 5, 1875.
Z LEGIsLATURE:-
ne advent OF a new year, when the public
assemble to consult in respect 10 the afairs
transact the business OF the State, our first
ht should be 20 orer up devout thanksgiving
Supreme Disposer OF events Tor the bless
Tnich we have enjoyed during the year now
Our great Commonwealth comprises
htion OF more than four and half millions
y exceeding that OF the whole United States
formation OF the federal government-and
kclng vastly more extensive and diversified
SITS and activities. our sense OF duty ought
commensurate with the magnitude OF the
conferred upon us by the people. Forming,
hr State does. 80 important part Of the
lean Union, the benefits of an improved poi-
wise legislation and OF good administration,
BIT confined to our own citizens, but are iet
Inv ana Oy lucN c&dmDic, III oiSISA
}, and in our national reputation throughout
ord. Mindful, with you, OF these considera-
| proceed TO perform the duty enjolned by
bnstitution upon the Governor TO "communi-
by message TO the legislature" "the condi-
n the Staten and to recommend such mat
10 them as ne shall deem expedient-"
RECEIPTS AND EXPENDITURES.
receipts into and payments from she Treas
b account OF all the funds except the canal
common school funds for the fiscal year. end
eptember 80, 1874, were as follows:-
pts ..... 500, ass. $40 43
)ents ....-....... ..-......-.-.... 1866 os SO
bee IN the Treasury September
I1S74 Neutrality-suspicious.. Sb,S2y,Ob2 W
AVAILABLE balance amounted to-. 6,4e4, ssl "A
difference being made up by the declaration
.e State Treasury, in 1873, OF $780,, 1857 81, and
bum of s29,222 ~, being an old balance due
the Bank Of Sing Sing.
STATE DEBT.
the 3oth September, 1873, the total funded
was $50. $50, 400 40, classified as iollows:-
3ral fund NEUTRALITY-SUSPICIOUS.. So, 9SS,526 40
hngent stock issued TO the Long
ind Railroad Company ...-....-. $4,000 90
.........'..'.-... .'.'..---..... H. SoI-oo0 W
observation-disclosures. .--....-..-.. 2l,l2l,oOO Oo
fal. $50, $50. 406 40
ring the months Of August and September,
stocks OF the bounty loan were purchased to
amount OF 5000, 200, but not cancelled until
September 80, 1873. Deducting this sum, the
Rty debt amounted to s20,S15, 900 and the total
TO $50 224, 4o6 40.
the SOth september 1874, the total funded
was $50, 1873, 456 40, classified as iollows:-
Fral fund. So, 9Ss.526 40
|lngent. OBSERVATION-DISCLOSURES. $4,000 %
pa --...-.........-..-. ~, zou Sou w
io''i-''oo W
tai. $50, 1875, 456 40
e actual reduction OF the State debt during
FISCAL year ending September 80, 1874. by can
|r1on Of matured stocks and by the purchase
902, 500 OF bounty loan sevens OF 1877, for the
lty debt sinking fund, Is $e,o24,95o
addition 20 the $4,000. 500 OF bounty stock
biased tor the bounty debt sinking fund during
last fiscal year and cancelled, there have been
stments for that sinking fund, since the date
le last report to the present time, in State Sc
hes and government registered bonds TO the
unit OF 81, 3S1, 500 cost OF 81, 972 OBJ IS; add
$327, 2s3 So premium and S. 30 commissions on
hty loan stock purchased and cancelled, and
A.-62s, 667 % paid on account of this sinking
rho oata n, lac. ranort m tho nresent
- -. - -.
ecurlties 10" he!o III rus' ior 'niS
\emount at their par value to
n conid no, ha dtSnosao of Mt rho
es or an averaGe nremium OF
"
rent shows the amonnt OF
poth Sentemher 1874 after
haIapces Of the Singtng
~ ~
BdtdnceV ha,iureV
. sulspW M LEI aer
" Se1,enn- S;5,iyysSS
is74 FlndS
6y3 "a -
sZS ~ S3lI6 81
oI rS ~ boz III 9 ".
20 " o"o''-1i %
a 50 sI7 49l s)9 %
/, I57L payable
so1 1o1 37e "A
~ a9I 500 ~
a. 400 $40 or
ont veor omonntea
''>'
-,uhe s1s 20, 400 ne
H. amo ou ~ iev,eI dDr'
ar A'
om;nao ,,a T a,,s,o,rre NJ
mari to secure the taxing