Delaware state journal. [volume] (Wilmington, Del.) 1870-1883, 1881-01-06

meuded - suggestions hetatfvc TO
National hanks Railroad Arrears
A FREQ school Hook Fund Pro-
posed-BajIot isox bribery.
Governor Halls Jieun,ai lness go to tie
Dontrai Assembly, vas presented 10 both
l,aucL \ u ,Da i. kisistuto inusdny
morning, Il is as follows:
ge,,ils,nen Of he Stnate ami House Of Repre-
SentdiiGes:
The people, who compose your con-
sttutuency are not only In the enjoyment of
Deace aud health, but owing TO the liberal
returns which nature has yielded to their
persstent trial, and the practice of economy
in all then domestic all airs, are also approach
ing that degree OF material prosperity which
WAS lost by reason Of the enforcement of a
Motley by the Federal Government, violative
ID many respects OF every principle OF economic
sclenco Though the Accomplishment of
ihi- result has been attended with long and
painful experience, and though adversely has
left its victims in every community, yet the
circumstances under which you assemble at
the seat OF government to-day furnish occa-
sons of heartfelt gratitude and thankfulness
10 Him who Ia the author Of all good as well
AS for congratulntion and Joy.
The fact that the eye il everywhere greeted
with the signs OF returning prosperity and
health in all kinds of buhlneas nolN itlistanJ.
ing the ARTIFICIAL impediments which have
been thrown across the path OF progress and
advancement, demonstrates the existence OF
an unoxhausted vitality and energy IN the
people and Il consequent capacity on Their
part to graphic successfully with all the trials
and difficulties within the compass OF human
effort, which may be developed III the future
IT, As individuals, we Viii profit by the teach
iugs of the past-if we Will coin into maxlms
OF wisdom tine experience OF the last ten years
and emDOdy them III our daily practice--if we
will conserve our enerpes ~ the monuments
of human skill aud industry, aud not waste
nor expend them lii foolish extrayigances and
schemes OF reckless speculation Which vanish
with Tue effort to grasp their promised fruits,
we shall lay the foundation Tor still more
permanent and enduring prosperity. Nature
lsylshes her bJuitles III VAN upon all improve
dent people, 10 all history attcsts. Wine hei
generous gifts are transformed into the COM
nuiltus Of trade and Commerce, as well lit
the ordinary comforts and convenences OF
lie by individual effort in every sphere OF
activity, yet 1t Is the gradual increase, pro-
duced By the exerclsu oil frusahty, that forms
individual completeness, amt the accumulated
wealth Or capital which, in obedience to the
law of natural affinity, should go hand-in
hand with labor Ill working out the great
problem OF subleclinB the earth and the fun
moss thereof to the legitimate dominion OF
man, its natural sovereign.
GENERAL LEGISLATION.
Since, then, the being OF States and
communities depends in u great degree upon
the awakened energies and determined will oi
the people, too much. therefore, ought not to
be expected from legislative bodies, espec.
ially those possessing only local influence
for 1t should De remembered that the subjects
which tall within tho scope of legislative
power and authority, beyond the protection
VI lie, liberty and property against violence,
crime aud fraud. are restricted to very small
proportion of the rights and duties of the
people. Under our systcln Of government II
is their sacred and inalieuaOle right 20 pursue
their own happiness and to manage their own
interests as they may elect, so far us liz CON
slstunt with the public good. And to inter
iere by legal enactu ent with such u right is
Gu assumption by the government Of paternul
powers winch inevitably leads to confusion or
inactivity III all the business and industrial
departments Of society. The great danger
therefore, which besets legislation lies not III
the possibility OF too little but OF too much
legislation. We want no better illustration oil
the correctness Of this proposition than the fact
that some ot the greatest trlumphs OF modern
legislation are to DO found in the repeal OF
former laws, the inexpediency OF which had
been demonstrated by their disastrous effects
upon the community Tor which they were
made. Happily we have avoided either ex-
tIenein this state by onr system OF biennial
SESSIONS and the simplicity OF our people.
| do not mean by these remarks to convey
the idea that the voice of the people should
be dlsregarded when clearly expressed, for
that should be the potential force in govern
mentH and politics, and when their will IL
made known, il will be your duty, as their
representatives to mold and shape it into
such laws aud measures AZ will best advance
The public veal. The unreasonable eXpecta-
tons and demands, however, oe few restless
and dissatisfied persons, which are to be
found Ill some localities should not be
allowed to draw you aside from
the plain and woll-defined path OF
public duty And those schemes put
forward i'll response to such groundless ex-
pectatons or demands by urtful and crafty
men under the guIse Of reform, without re-
gard to the utility of the end proposed, should
be received aud acted upon with great eau
ton, for experience proves that laws which
originate in such motives are detrimental to
the liberties and RESOURCES of the people.
With these views i'll reference to general
legislation and its bearing upon the welfare
and prosperity of the people, | will now pro-
coed, as briefly HI possible, consistent with
c!oarness, to give such information of affairs
concerning the State, and to recommend to
Your consideration such measures as | shall
deem GXpedient
FINANCES.
Tie first subject To which deem it my
duty to Invite " ur attention is the finances
Of the state. For detailed statement OF
which, herewith transmit for your consider
alton, the report Of the State Treasurer, which
together with the last auditor report con.
tais all the facts aud Information which are
essential to Il comprehensive and Intelligent
understanding oil this subject.
hc state debt, as shown by such report,
amounted III January, 1879, 10 niue hundred
and reyeuty-ivo tnuusand dollars, (ag75,0O0l
Classified as follows:
Ksdueot bonds ssu d 10 va ounths
aud n volunteers, wnch vi. milulv
Rc,iu of bludr 10 md 10 the jane
ton * BrraSwa Rrusd UUm-
p'nE, winch are secured 10y irst mort
natnrein 1870 ...,,.. 900. $50 ooOOo
Bcld- loaned 10 the Brpakwnttr &
FmnkiOrd RtilrUad Company, which
ATE secured ny hrst murig - on said
:, r2ad, and ~nch wl mn,urt in 1893. l7e,OoOoo
Balance In hand, received from the New
Ct-tlc * Wilmington Railroad 'om-
plny n d hfd by the ate,bel nging
10 sehuo Fund .............. $50. $4,000 on
Total amount of State dnbt Jan. l,Is7o s075. OOjOo
IRON which Griuct hDuds red"pintd
ahh rAhc lied since JlduTy, 1879. i'll
nIlug 9. y Tor hpnds n,ade for Jhu-
"aEy l. 1851 .-,,. .....,,.,..,..t.,. Siud OOO w
Total of present Indebtedness ......... 1859, 10000
AssETs.
Tho semi-annual interests bearing invest
mont7, exclusive of those for the benefit of
Tree Schools, are HI follows viz:
Nnris9Re On Junction X Brrakwater r.
Mantrgr On iircnkw, Ia, & Frln&t5rd '
Ks .tnrr Of farmers sint stack.. GS.7SHoo
~ shares National Bank uf Delaware. 9,s0DUO
SGi5,15OOO
The aptFrgnlr Investments
Tor School Funf. which IL