New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-05-06
THE CONNECTICUT LEGISLATIVE.


CRATIC CACCUs CANDDATEs-GOv. rNGERsnLL3
uEseAGE-N.IIoYAL TDPMs-ruE STATE DEBT
SAVINGS BANKS AND INSURANCE AND RAIL
ROAD COMPANIES.
UARTFORp, May 5.-The Legislature met to-
day and organized by electiDg c. b. Bowers OF New
Haven, President pro TEN Of the Senate ana charles
Durand ot Derby. speaker Of the Houso and the other
Democratic caucus nominees for the minor Offices the
inauguration parade was not II large usual fewer
troops being called out EX-tiOvs Jewell and Hawley,
and Congrcssncn Barnum, Phelps, and Landers, were
among those participating in the ceremonies In the
afternoon Inecrsol read his message 10 the le"la
tiire The mr-say opens With the following rcfere nee to
national que-tOns
The year that ha@ elapsed since last addressed ne
General Assembly has brought 10 the business Of The
country that revival from the ercta NJ the rrvlsnn OF
the previous year which was at that time hoped Tor.
branches ~ the diversified industry 81 our STATE nave
S@n se' W yTiny ~ u,.,, ertv ha. MT been 80
seriously interrred with ~ the bennnus or tiJi
easOn, appchnied. Tie lapse Of time, however. has
operated .vanta g-ousy this: it has done much 60
drpel the dangerous illusion mat the county needs, as
stmuaDt. additional issic OF an already dscred yea
currency and 10 bring into c,eartr view the NOR
penalty past excuses are now exaetng of our peopa.
Confidence Is needed. But there IL no sirri way 70
which have led Ia It's failure. And TO this II sens to me
public mini surely tending We ALREADY look bHk
unOn the period OF civil war and the years which
have under the influence Of ~ passions a. however
historically brilliant, STILL az affecting our Industrial
with new century " national existence, we are rung
with hope ~ the future Of q peaceful union, With sII-
government IN all ia parts and the steady industry
which sefguVernm-nt alone secure, % the true
Of healthy prosperity oeVery part anu real power
NotceabIy is this tendency Of public opinion mani
Tested its senstiyenr,st Ia official conduct Never was
official life closely scrnniSed or Judgment upon
independently formed not for mcrr purposes ot
partisan d,antaniarc, II seems 10 me- but rather 10
for the announcement or those qualities
which the popular instinct perceive. are aoeouiey nces
IN
those abuses which naturally thrive In prlods 81 disturb
ance, when expenditure "a lavish, lni"hc eonnaence
nation of personal adventure. ,.,
tiencr Of any administrative policy looking Ia the gov
ernnen any portion ~ the country by military force or
i'm ny other way than that ~ peoDe
have always been accustomed III time of peace The
presence IL armed sOtlers III the cgisiatlvr nail 0i the
state o Louisiana for the avOwrd purpose " determining
who should sit there members Of th avn ifng body
shocked whole country not ONLY by Ms DOil violation
those ntitive notions Of constltutional hberty c
mon To the people and U every cherished pe
cal sentiment traditional IN tier history mt ny c M
certainty aud alarm TO which II posed me tntue De
soyiug that confidence which had begun tO grow IN the
rdcveopmcn If the industrial rcsUurcrS OF tn oil slave
holding ntatcs ma the prospect 81 leVNS our uI II un"
commercial Intercourse ~ advantageous IN former time.
Popular estimation. now probably undertakes me
III those STAGES ny the waste OF war ana the spO
toms political adventures -nce, bnt the stronger he
The reason why whI their interests are 80 en-
twincd with Inc interests Of other States they are
now, their effort 10 re,Hur those losses should be en-
cOufiLeed by HE common sympathy SeIeIOuSlV II h"t VI
dngenJy; AM iI'ts our syScin ni s"ncii,ih II, 10
failu know Of means OF sucn eucuurdgeiIeut
sifutrrst under the Constitution of he United ~atcs.
with Intelligence and Ignorance, morality AMI vice Ia
the chances tbat nave 10 Dc TAKEN ia al Tue
other States of our Union.
Governmental action can do little by and of iSolf to
create commercial conn ience But IL can do much io ad
retard tnat confidence a. grows III community.
Aud y Gun .o mncn now N siding tne p1nie m' I 20
neCessitirs confronting us Rcganng ~ nave IA Felo
fore had ocrasOn tO say, the provision ~ -oni mr.
rency as the very step be- TAX in the direction az
I~m the 2aIrrrssani legislation nf the last s-s-ion
FIR u.tfz
.lnns specie pIynents 10y liked day however remote
The remainder Of the message ia mainly a business
document dealing with the Affairs Of the state its local.
charitable financial AMI other Institutions lie recon-
ueod revision Of the Cons tuition, ulorses the
Centennial celebration and suggests such action ~ will
promote its Interests show the development Of the
country He thinks the Bureau OF Labor statistics need
not continued from year TO year, unless u can be made
10 work with general bureau OF statistical information
and ceus bureau. lie recommends legislative action
which shall lead TO "a nlal lesdl settem mt "f the
disputed boundary que1tions between this state
and New.York. especially relates to jurisdiction
I'm the waters and islands ~ Long Island sound ii"
hopes for beneficial results from the financial legislation
or the last Congr lacking towards specie payments
condemns the Federal inter ercnee IN LOUISIANA aihifS'
declares that the lapse Of time has dseed the dangerous
illusion thai the Of the country needs Tie -t'lIuS
az ,nor, discrrdited currency, AMI looks to pacn'
industry ~ the OF business and pationA-
prosperity.
The present fiscal year commences win ~ ,4l Al
In Tie Treasury The revenue OF the state during Tue
ln.t war amour ed 10 a ,6ji 2s7 60.
Tho sIv M, ~ the state return an aggrrea" of
deusis amounting TO nearly s74OOOOOO. being an IN
,llriu OF SJfUDo,OtO lheH aNH
amount 10 nenrj 81. 0O0.O 900 six NV savings banks
Lave been organized daring the year.
Tnr accumulated reserve held by the lie insurance
col,uauic- of this STATE amounts 10 over Fs2Wlhn'
he NJ considerably than one-tlrd ~ that eid by
Al, other companies IN the United states The income oi
these during The last year am0ihtei t over
S5J.OOO.nlO, 49,,
-. ne - railroad corporations dong business III thr
Stat. nnlv eight are dividend pay ng Tie la'. W app
tai of al There corporations lm0ants 10 nearly
zoo aud their aggregate indebtcln 50 To- over F-otD
OoO Nearly half nf the capital tgck heid IN 'onh'fi
cut by 3--, stockholders. The COST 81 use do.h- an
t,er can puient makes total ~ over Si3oo 'on Tue
net Income during the last year was about S2ooOooo'
heipg slightly decreased from the previous year
In s,die VI adverse circumstances. tile income OF
che ,on during the year has exceeded it's expenses by
a suIn Of ~ L.
The day has been very fine am thousands Of reot'
have witnessed The INAUGURATION Ia .Nle-