New-York tribune., 1876-01-05
THE GOVERNORS MESSAGE.

TAXATION, CANALS, AND CURRENCY.
THE TAXES OF 1874 CAN BE CUT DOWN oNE-HALP
IN 1876 - CHEAP TRANSFORMATION ON TIN
CANAIs-TIlE STATE PRIsoNs-A REDUCTION or
GOVERNMENTAL EXPENDITURES AND RETURN
TO SOUND CURRENCY THE ONLY POLICY Fo8
THE NATION
STATE or NEw-YoRK, EXECUTIVE CHAaBER.l
ALBANY Jan. 4, 1875. !
TO the Legislature: The annual meeting of the
legislative assemblies the beginning OF the year,
finds the people Of this wealth in the enjoyment
OF blessings which ought TO I'll US with rcyercnt thank-
fness TO Him from whom c0meth every good and per-
feet gift the earth could yield to the labor OF
under the fructying and genial forces of nature,
have ganered. Health, peace and domestic tran
quity have been Capacities to produce In largest
abundance and with least sacrifice, or TO acquire by
change through the best natural and artificial machinery
of transport and travel all things which minister to
material well-beng, to the prosperity and wealth OF
stae and to the comfort and felicity Of its individual
members, have been and subject TO our use. 10
early discovered that New-York possessed within
her territory the natural passes OF military operations
which, in the for colonial existence and for national
independence, crosracked soil with fire and blood.
our territory also found, tho later development
OF the national growth, to occupy the natural
thorOughares OF travel aud traffic. It touches tho
ocean with harbor ever open, accessible and safe,
close by whose gates the currents compel to
pass nearly all transatlantic navigation to aud from
this country 1t connects that harbor and tho tran
quill Hudson on the north with Lake Champlan and the
Canadas and the west by level crossing the bases Of
the mountain ranges that traverse the continent with
Lake Erie AMI its chain OF great inland borered by
rising commonwealth, which the maryels of modern
times. We are, with cur fell0w-cil!ln3 OF the other
States, Joint nhcriIOrs VI system Of goycmmcn-tho
selected product of the oldest existing ciylDau.---
formed according to the best ideals evolved frOia human
experience but freed from the Oyergrowth VI habit. and
int. fnsi. IN
planted in the virgin soil OF unoccupied continent
aboundng In all the gifts OF nature Our population by
the census just taken, IL near four and hreequart,r mil
liona. Our annual product of agriculture is st greater
than that Of any OF young rivals, whom
plate with admirng pride In part the creations Of
policy and the swarming homes Of our children.
Our domestic manufactures larger than those Of any
other State. Our foreign commerce 10 and half
that Of all the rest OF the Union
Common schools, In which are taught a million OF
youths and seminares Of higher learning are training
successors to improve whatever they can Inherit
from the present gei6faod Institutions o; charity dis
pcnse everywhere their benefacons AID The surface OF
our whole domain is dotted thicky by edfces whose
spires point TO Heaven. IT, this fair picture there arc
spots that indicate recent prevalence Of private waste
or folly, or that disclose evils wrongs by Government
resulting in much temporary distress, let us remainder
with humility that We have been in part the authors Of
what We depore, or at least consentng Witnesses and
let us be grateful that We reform what IL amss and
that 10 our hands under God i, committed our own III.
turC.
DEBTS OF TIE STATE.
The nominal amount OF the debts OF the state they
appear the books Of the Controller without jcducng
the sinking funds applicable TO their payment, tho
Both Of september 1879 the Ot the last fiscal year.
was s2s ,32s CSC 4O classified rs follows:
General uni. sSle62s 40 Bounty 05i 500 Ool
Contingent b~OJD 90
CAnal........ looottJo w TOtal....-s4s 32sOs9 40
THE SINKING FUNDS.