The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1880-01-08
LAST WORDS
oF GOV. R1cHARp NJ BISHOP.
His Final Message, Delivered Monday to the
Ohio LeglsIature.


His Final Message, Delivered Monday to the
Ohio Legislature.
The last message Of Governor R. NJ. Bishop Wa
sent to the Legislature Monday. It's important
features are embraced In the following abstract
To The General Assembly:
The time has arrived In which your delibers-
lions as a representative body are to begin. Com.
Ing together from every section Of the State, you
are presumed to be thoroughly acquainted with
the condition and Wants.of the particular terri.
tory and people you represent. That you may be
better enabled to adopt broad and liberal meas
ures looking to the welfare of the State at large
without doing any injustice TO any part 1t is my
duty to advise you at this time as to the affairs Of
the State In general and to offer such suggestions
as, in my judgment will best subserve the general
welfare.
This proceed to do, assured by the confidence
the people have reposed in your wisdom and in
tegrity that under the very favorable circum
stances offending your meeting, your session will
be marked by prudence prOmptneSs and patriot
Ism.
Our country has been seldom blessed to a
greater extent with peace and prosperity, Our
crops Of every kind have been abundant, and
there has been a constant foreign demand for our
surplus products at very remunerative prices thus
largely increasing our exports and decreasing
our imports.
The large amount Of gold coming to our coun-
try on almost every steamer is exchanged for our
surplus pork, wheat, -four, cotton lard, etc.. there
by making money more abundant, and increasing
not only the demand but enhancing the price Of
labor and giving renewed impetus to our indus
trial, manufacturing and mercantile pursuits
FINANCIAL STATEMENT.
The following is q summary exhibit of the f.
| nances of the State for the fiscal year 1879, the
condition of the same at the close Of the year, and
the estimates for the current year ending NoVem
Der 10th, 1880. The funded debt remains the
same as last year, no portion having been paid
and none matured, and is as follows
On November 18th 1875, the funded debt
OF the btate tb4Io,oUo SU
There were no redemptions during the year,
leaving the principal Of the debt outstanding
November 18th, 1872 SO 476 8O5 80, divided as fol-
lows:
Foreign debt, payable in New York
Loan payable July Ist, 1865 not bear
ing lnterest...'... 2OOO w
Cen cent, Interest es..,,,,......'..,. @ 80 r 4,O72s4O 80
per cent interest. 100000 co
Total foreign debt.,...r.........,~ s6.475,l4O 90
Domestic debt, payable at Columbus
Canal loan, not bearing interest....... 1855 90
Total funded debt..............." ,476, ,SO5 90
The local Indebtedness Of the State the first day
OF September, 1879, was as fellows:
Net dsbt of s2s7284 40
| Net debt Of townships, including
| debts created by boards Of educa.
ton other than for separate school .
l6l,ol III
class. ................,...., S6OS6O5s Y
Net debt Of incorporated villages....,. 969l6l s.
| Net debt of school districts Especial or .
Separate) l4Olilb oE
Total local debts. ,49O574 6G
The amount OF the reimbursable debt,
therefore, is
state..."""..."-...""." 6,s05 30
| Locel.....''''''''''.''..'''''" 4l,4SO,of4 %
Total debt redeemable ..-......,.47 1857 $40 8G
| The irreducible debt composed OF
| school and other trust funds, upon
| which the State pays interest at six
peI cent per anhum is,............,... 42S971S 81
Aggregate public debts In the
State...."...",,..,, ,S52, ,257,O ,O9S 81
The local indebtedness In the foregoing state
ment is computed to September 1st 1879, under
act of May ID, 1871, the public funded debt of the
State to November 10Th, 1879, and the irreducible
State debt to January 1st, 1880.
BALANCE IN THE STATE TREASURY.
The balance In the State Treasury, November
10Th, 1873 including drafts upon county treasnr'
ers for 100000 made to anticipate the taxes col
lectible in 1879, was S91S69497, belonging to the
credit Of the following funds, viz:
| General Revenue Fund Qncluding
| also the Asylum Fund balance OF
1928, 116, said fund having been
consolidated with the general reve'
nue. fund by act passed March 26th,
Sl42b64 62
Sinking Fund.".....' ,.,...u.,....,.." OobyUO "a
State Common School Fund.......... 89209 81
Total...,............................ s9lSs9l 81
| The receipts during the fiscal year 1879
including drafts made upon the
county trea6uTeTs during the year
for $500 900, we're. ...,............. 5.78o179 10
| Total amount of funds In the Treas.
ury IL cluding cash balance at the
beginning Of the year. and drafts
Of pay ment Of the taxes.,....~....,,. 6e48S65 OF
| The disbursements during the year, in
cluding che redemption OF the
above drafts for 100000, have
been. 5,959752 SS
Leaving a cash balance In the Treas.
ury Nov. 18th, 1879, Of,...,....,..., S995,112 "a
| This balance 10 to the credit Of the fol-
| lowing funds, viz
| General revenue fund...".Sl99,577 50
| Sinking tund,..,..."-".". 74l 804 20
| State Common School fund $3.50 16
Total, as above.,,...,.,...,..,.,..".o S9051l2 "A
| .... ESTIMATES.
| The estimated receipts (including the
| balances on hand November 10th,
| 1871 from all sources during the
current fiscal year to November 10Th
Balance AZ close Of 1879, as above.., s9O5,l1 "A
Revenue fund eceipP."~S25S5,SS3 %
i Sinking flnd receiptR...... 795 4gA 35