Peninsula enterprise. [volume] (Accomac, Va.) 1881-1965, 1885-12-12
The Governors Message.


portu he says: GAS of the LIST Oct0
Der, 1855, the apparent cash bal
ance in the Treasury WAS 1884,
6S7.4S, the actual balance by the
Auditors books Qlle difference be-
ing as 10 warrants issued and not
yet presented was S4O6,SO2 30
This, however, does not State the
actual condition of the Treasury
Some more items, which will strike
the most casual reader OF the An'
ditor'S report, go to reduce the
cash balance i'll the Treas
ury; but to the credit account must
be placed the marketable value OF
Riddleberser bonds to ;be amount
(lace value) of S2,OSO, 945 10, pur-
chased by the commissioners OF
the sinking fund under act OF
March 10, and August %, 1854:
which houds are BY law convertible
into cash in the discretion OF the
said cor miSSioners whenever the
exigeucies OF the treasury may so
seem to them to require. The ill.,
Perception OF the revenue by pay
ment OF taxes and dues to he Com
i'll coupons since the
last meeting of the General Assem-
biy has not reached such an extent
as to seriously disturb The admins.
tration OF pubic affairs. Notwith-
standing that strenuous efforts
have been and are being made to
deny and destroy the constitutional
tight of The State OF Virginia to DE
sued in her OWN courts III the man
ner prescribed by her law and there
and thus alone, it Is gratifying to
be able 10 report 10 lUu thaL for
the fiscal year herein treated the
Of coupons forced upon the
treasury i'll pay ment of taxes and
other dues WAS S122,OOO less than
for the preceding fiscal Year. 1t
THAT the available funds
aud convertible property now III
Hue treasury reach, III round nam
UcrS, the amount Of l,Ol5,2l4 50.
A CHANGE NEEDED.
In this connection the Governor
says: AS u the system ofaccounts
i'll Tie basement offices,
recent events might seem to sug-
geSt tie need Ola change; but lis 10
lie Legislature at last meeting APP
polluted Il special committee To con
,ider and report upon that subject,
| hesitate ~ forestall their cUnclu-
sion by any Recommendation. 1t
seems right, however, fur me to say
hat the losses heretofore coming
y the Commonwealth through the
Particular departments referred to,
AVE occurred not So much through
my fault i'll the system OF check
lud balances lis in the fact that the
aw had been allowed to become Il
lead letter. This Urlllys me To deal
With the most niUmentUuS question
which Will OF can occupy your at
ention.
THE PUBLIC DEBT.
On tins subject he says lie
has no new views To advance
He refers 10 tue position he took
III Tie debt question i'll 1882, aud
links now, as he thought then,
N, hat ss syf ss55n5} f ApH nl0 anu
gal, was met by the proposition
u funding made III the act OF
cbruary l4ih, 1852, to the several
Iasses Of bondholuers. l never
ave considered, and l do not now
onsider, that any pledge made as
D the execution vi the Riddleber-
or bill precluded any citizen OF
lrgll. ia from thereafter advocat
ny amy legislation necessary to
AIRY 1t into effect.
In the Governors message OF
December 8, 1883, to which refer:
lice is NOW made, the attention vi
our bodies WAS called to the fact
hat the legislation had not yet been
aiken sufficient 10 give effect to tn"
ltiddletsrger tlil. The act OF Jan
nary II, 1885, VIGOROUSLY neglected
10 require amy equitable allowance
Of principal OF interest tor the re-
luuding of that class OF Zbonds
Known as 10 Aus, and the act OF
2G, 1882, raised before the
ultimate courts Of the country ah
entirely uew question. Experience
shown, after a trial Oh these
measures, that they wele not SUN
cent TO accomplish the Objects lie
sired, | have 10 apology to make to
the people OF Virginia or amy por
lion of them Tor lending my COUNSEL
and approval to remedy, 50 tar as
it was done, What had Teen shown
TO be insufficient. 1t would i'll be-
come NE TO Insist Oh any policy u
he pursued by the executive ant
Legislative otlicers chosen BY tilt
people OF Virginia 10 adn'llilste
thelr affairs as the SUCCESSORS o
myself and MY political {: associates !, 5
Al the same tlnleI feel forced t.
sound the signal OF danger.
Fucroacbments have begun to D
made upon the rights guarantee
to this Commonwealth by the COZ
s,ilutiou Of the United States. L
raising his voice Of warning, u
Governor calls attention 10 til
opinion delivered BY four dlS = II,
Ing Justices ofthe Supreme Coul
OF the United States III the case
Poindexter US. Greenhow, decide
; April 20. 1885, and other virgin
collpon cases. With modesty
revicwcs the statements made
his messages of 1882 'S3 'S4, IN I