, 1879-01-03
STATE AFFAIRS.
Message Of the Governor of Mich.
fgan, Delivered Yesterday.
The Finances OF the State in n
Most CrctlttabIe Com
dttfop.
Gov. Talbot. Of Massachusetts, Suggests
Rsforms Of Sweeping
Character.
MICHIGAN.


&psefai DfspoteA 10 ne 7y1saas.
LANSING, Mich. Jan. 2-This afternoon Coz.
Croswe1l read ha snessaEe. This document h
lengthy. Il conRratulates the people on the
completion Of tbs now Capitol and tho pros
pcritr OF The Htate. IL atludcs TO the sattsfac-
tory condition Of tho State fInsnccs. Tho total
amount OF bonded indebtedness outstanding Is
only so5o, 1897. Tho saving to the State by
Treasurer McCrcery's purchasing Of bonds te-
fore maturity during tho last two years has been
&t0gA20. There have bccn sold during the
last two Years 800, 900 acres Of public
land. Tho aggregate ya1ue Of property accord.
lnR to tbs assessments Of 1878 is, 10 real estate,
&aS, 753, OBS; In personal property. &Ge, III, ,oo2.
This valuation shows about one-third the real
value. In regard to 8sass Institutions, the Gov
efnor said:
take erea. pleasure In informing rou that,
10 a:lost every instance the appropriations of
two years ago haye not been exceeded. The
State Institutions hare lived within their means,
and, By prudently adhcrtnE TO q determination
oap no
q dcbt, ana Will come before you with no de-
flcief,ctes In revenue 10 be made up
md provided for: The new policy has not dis
auywtso impaired thcir uaeful neas, and hope
may prevail in tho future. 11lr!r management.
as whole. has been good aud generally tlsry
are n excellent order, In May, 1s7U the board
Marquette, sault Ste. Marie g. Alackinaw Rail-
road company for tho construction Of a road,
tut no lmmcdiato steps were taken to i,u!ld It.
On tl,e l4th day of May, 1871, the Legislature
the time for the completion Of tho road
until Dec. 81, 1879. Last winter the Company
with wEicl, the contract Was made claimed u,
for tile immediate construction Of the road. Its
| agent, Dr.. ". ". Lamar, gave pes1tiTc nssur-
| ance that the money bad bean negotiated, and
that With the opening os navigation the work
% rs bosn aofded d. evefy }sety se 1ln'o5 i:
| power to AID the enterprise, and appointed john
]. Bagley and Hiram q. crosby. Trustees to
| receive aud disbursc the avas Of any pledges
! or securities made upon railroads aud 1auds to
| obtain means for building thereof. Tho PROS
pect for tho construction Of tho road seemed
hopeful; but sincs, notwithstanding rcpeatcl
Toua g. htys edsn Vee as tsS "Sx
q blow has been struck, and the Board, bctuE
now satisfied that tho parties concerned hayo
nut tho funds requisite to build It, aud TINT
thrre ts no reasonable probability Of ihcIr being
able to obtain money for that purpose. hare
taken htcps to declare the contract forfeited,
and placo the land'Rrant 60 that it may be avail
able to any other parties who snay contract TO
build tho road. Tho construction Of this rail-
road u an urRcnt necessity. demanded not only
1 10 facilitate trade with the rich mining regions
Of tho Upper Peninsula. but to secure to our
! peUpld 1Af enet1 OF TIC commerce OF that
imn'e.uso cra'n.psoducing section penetrated
for hundreds ot tnllcs BY tho Northern
Pacific 1iaflrua1. But. important Is u tho
demand for this soa1, il u apparent that tho
| withholding the lands from tho nlntket In cor
tain localities Is rctardinE aett'etnent, und pre-
ventinV the DEVELOPMENT OF tho country. For.
tiuns Of tho 0raat arc heavily ti.nbcrcd, and
other pusts, It il SAIL will bu valuable for anrt-
cultural and tniucrai purposes, aHll the publta
interests seem to require that, !u soma scctio,s
they should not oc kept from eale md settle
nvn9e ~ III snI" .aerI~ ~, ~ VIZ .,.,nc,
te,nnja,si. and would not divert ihcm tn
other purpo4es. II, however. II SHOULD
ba found necessary TO opcn any ot
tnena 70 eale. recommend tlRt
/ n..h .nd that ~. nre.n",s ~ nst1 tUt1, ~
Treasury. and sci aoaft a. = fund 10 .,n anntiei
in aid Of thu enterprise for whsrl, they wcre ap-
propriated. Fcncw Recommendation Fcpest-
GUY inaae 9! my iainoa!aa ,.a., pteaeSessof, lof
rarnfI Il ora1oiuaio1 and scr,,,ny ~ In sari.rs.
| hanks Of the Htats. Thn ratca ii Intercst i,arn
hccn steadily decreasing for totno time past. ~
m abundageo Q! !noney u now 10 bo obtained on
nrnhnhti,ties Aro thns. hcrcnitcr ;nnncv 1 vii vii
never colnman' as high rites Of ia.ercst rs it
has heretofore. IL . result Of thls Atatc Ut cir
c,llnstances, tncfc seems TO ue drt'and tor
~ e pade w tho rptcs ss KIN NJ ~ nv cn,
With thls accomplished. tue uniform rato
throughout she s,tatu Would DO per cent.
Tho G&i day Ut june last marks anattcr Of
eiase - ~ s RfEa e WI. nto.sh Sh 1os tno
ihn tnnnapa nassIn,e thrMIch Il hos intr"a.o .o.;
IRON Id, N tons ID l6S 10 cl5 tons la lSj7,
AtFJ II