Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1901-01-21
Governor 0teIo's )lessage
TO The Legislative Assembly.

Gentlemen Of the Council and Hous
of Representatives of the 34th Leglsla
tive Assembly of New Mexico l con
gratulate you sincerely upon the happ,
auspices under which you begin you
labors in this beautiful building erect
ed by the people of this territory pri
marily for your use, now for the frs
time occupied for the purposes it was
Intended.
This occasion is saddened by missing
from your number one who Wouad
doubtless be here had he lived; arnativt
of the territory, whom the people hac
honored with numerous positions oi
dignity and trust in civil life, the last
of which was speaker of the house OF
representatives of the 33d Legislative
assembly.
Immediately after that body adjourn
ed, he volunteered for the war with
Spain, and served through the cam
paign with Roosevelt's Rough Riders,
actions before Santiago, where his con-
duct was highly complimented by Col
onen Roosevelt and General Wood.
Afterwards he volunteered for the
Philippines, and was commissioned
lieutenant in the 34th infantry. He was
selected by General Lawlton as aide;
and in the line of his duty was swept
from his horse and drowned in one Of
the rivers of Luzon, shortly before his
gallant chief was killed.
Thus the name of Max Luna was add :.
ed to the roll of New Mexicans who
have given their lives THAT THE Union
might live, and for the honor and glory
Of that flag upon whose azure field she
is not yet represented by star, but to
which she is as loyal and devoted as
any state in the Union.
1 trust you will take appropriate ac-
ton upon the untimeiy death of the
brilliant young speaker Of the last
house of representatives.
Since the last Legislative assembly
met, prosperity has continued, in all
branches of industry in the territory,
and the wise and beneficent laws enac-
ted by 1T have borne material fruit, as
is shown by the fact that for the first
time in the history of the territory we
have a surplus in almost every fund
which can be turned toward redeeming
our interest bearing debt, instead of
deficit to be met by another issue OF
bonds or an increased rate of taxation,
and this, notwirthIsita ndng THE fact that
the treasurer has been enabled to call
in and cancel $2O,000.00 of six percent.
bonds, besides $24.5O0oo of certificates
of indebtedness and $40, 0,637.O0 of floating
debt, making grand total of reduction
in territorial debt of $65,137.00 during
the past two years; besides paying in
cash all current expenses except the
one item of transportation of convicts
to the penitentiary. We have sold our
four per cent. bonds and certificates of
indebtedness at premium, and with
the revenue from leasing lands and the
sale of lands for the benefit Of the var
ious public institutions we should be
able to materially reduce appropria-
tions for the next two years, with a
corresponding TeuuCIuOn IN une TdLe OF
taxation. The comparison between the
financial situation now and at the last
meeting of your body is most gratify-
ing, and is the result Of the legislation
two years ago, combined with a faith
full and honest execution Of the laws.
take the following figures from the re-
port of the treasurer, which accompan-
les this as exhibtt A, and commend
his whole report to your earnest consid-
Grafton.
Bonded debit Dec. 3, 98.. Isl, ,066, 800 90 |
Cap. rebuilding bids, May 1.99 $4,000 90 |
Floating debt .............. 1851 90 |
Total debt ,270, AL 90 |
Reduced by pd. cer'tif indbt.$ 24,5oo 90 |
Cap. contingent bonds. ..... 10000 90 |
FIoat'g debit redc'd by com 2O,6S7 90 |
Total reduction ...........$ B5.137 90