Asheville daily citizen. [volume] (Asheville, N.C.) 1890-1900, 1893-01-06
THE GOVERNORS S MESSAGE
THE FINANCIAL AND OTHER
STATE AFFAIRS.

THE FK>s APxc1AL. AND OTHER
| STATE AFFAIRS.
The TAX Oh state Banks-Revis-
Ton Ofshe Co OBSERVATION-DISCLOSURES m
able Death Kxate-De&rees N in the
Crime of N Eurder.
RALEIGH, NJ c.. Jan. 6-The reading
of the Governors message, which began
promptly at noon, occupied most of the
time yesterday of the House and Senate.
| The message opens as follows
1T is the duty. under the constitution
of North Carolina, of the occupant of
the executive chair, to communicate to
you a summary of the material facts in
the history and op, rations of the various
departments of the State since the ad-
journment OF the General Assembly with
such considerations in reference to the
public welfare as may seem pertinent to
the we'll being of the people. and the
honor and prosperity of the common
| wealth.
This service has fallen to me to per-
form by reason of the sorrowful dispen-
sation of Providence whereby the late
distinguished and patriotic Governor Of
the State, Daniel G. Fowle. was sud-
denly called from his arduous service in
public duty on the 7th day of April,
1891. On the succeeding day. April the
18th, Itook the oath of Office at the hands
of the Chief Justice, in obedience to the
law. and participated in the solemn cere-
monies with which the people laid to
rest the eminent statesman so long and
honorablv iuentified with he history OF
the State.
Rarely, if ever. within the period CT a
gubernatOrial termHof four years. have
- the chief executive and judicial officers OF
- North Carolina been so thinned by the
hand of death. The Governor, in the
midst of the honored career that has
been referred to, the able and devoted
Secretary of State, who has left an i'm.
perishable monument in the collected
Colonial Records of Carolina. the indus
trious and experienced Treasurer, who
had given a life time to his complicated
labors, two Chief Justices of the Supreme
court, renowned in the forum and upor
the bench. associated no less with
national Legislation than with theil
responsible judicial duties at home, ant
another justice of that exalted tribunal
peculiarly dear to the whole people, al
an exampiar of private virtue and othcia
probity. Nor can l omit to add to thi
shining roll of the departed great th
name Of the soldier and statesman wht
left the exec utive office at the beginning
of he present term to enjoy the sweets
Of private life but brct period bctor
his summons from earth.
"Recalling with pain these sore bereave
mentS. and bereft of the wise counsel ant
patriotic efforts of the departed. let II
yet rejoice that such names are enrolled
couragement of her children, and to sti
a generous emulation to repeat such es
amples of purity and patriotism"
Finance.
Under the finau cial head Gov. Ho
says:
There have been issued in exchange 70
- old bonds of per cent. bonds, $3,29S
$50, and for old bonds of 6 per cent
bonds. So, 100000. There are still ou
standing of bonds which should hay
been exchanged:
OF 40 per cent. class,.....'..S 1880
20 5o9, ~
"15 " ..... 363, 80
Making a total of.."....$2 POI so
Which would require of the per cen
bonds to carry out the exchange $316
800, thus making the possible p'
cent. debt. So, ,615,77O. The extension
is recommended. The balance of cas-
and bonds in the treasury as OF Nov. 81
1892, is $157 .S1S.S3. The estimate
value of real and personal property
the state is $242.44O, ,S91, gain
SIS, 500, 900 in the last two years. tt
valuation on railroads, steamboats, al
canals is $2O1, ,141 .76O. an increase
two years of 81, ,92O,O56.
Building and Loan Association
Legislation on building and loan ass
Citations is recommended.
| Pensions.
For the year 1892. 4.711 pensione
were paid. the sum thus expended agg
eating $96,951.
Banks and Currency.
The monetary stringencyi is referred
and the rapidly approaching expirati
of National bank charters noted, a
the substitution of State banks reco
mended as sure source for a safe a
| flexible currency.
| K&eviaiOn of the Laws.
The revision of the constitutional a
statuary laws of the State is reco
mended, and the appointment of a &C
mission for that purpose suggested.
revision of the State Constitution is a
suggested, and it Is recommended Il
- this work be submitted to the sa
commission.
Law of Homicide.
A statute creating degrees in the cr
of m urder is recommended.
Uniformity of state la vs.
The uniformity of the State laws
IEO the Union concerning the execution
lLO authentication of deeds, wills and OF
instruments upon which the titles
property depend, the regulating of n
riage and divorce, and the transmits
and collection of commercial pa
through banks, is recommended.
The work of the State Board of Ch
ties is commended, and the need fc
ms State reform school for juvenile crim
is recommended.