Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1906-01-04
VOL. NIX.
GOV. VARDAMAN'S MESSAGE


To the Senate ana HOUSE AZ rs,r...,,.
attv~r-
Profoundly grateful to N. b.n~nr~ut
Being whose sl~spfe-- eye and tfrvI.s.
hand guisi-s the bird tn it, pashl.-.
ssesss. 5skes pia.n tns proper ways OF
men. and shapes the destiny % nation. !.
Tor the unprecedented material pros-
pertty IN lQy~d By the people Of Mi~-f.-
sappt Tor the tive years Just passed.
congratulate you. my ctuntrvuaau-the =
immediate representative 81 the peo-
pt--apon the favorable auspices un-
der which ynf reasserrhls 10 re~forrt
n. functions % the important Offices
whten rou hold The people Of Mf~<f<-
stppt have not eulv enjoyed most mar
Neioas material prosperity. but In etfu-
Sauon ant thought There has been
married. progress. and in matters rouri-
cal <rrar ethical growth This latter
I attribute largely 20 the rr1n~fer~nsss
~ political power and authority from
ne eoss-dsuinat.. eoavention to th~
state With his ballot. deposited At the
primary eisrflou
A great Zeal i expected % this Leg
f-tatsre. The ehar-cter of the men
wno COMPS II 1uStif-~ that exp-r-
tarion. and tn rxigearf-- % the -irr4.-
tton demand that that @xu~,fafier ~
falnll~d- and al-a- hat every hope "a
tertained or prediction rsasi. 9f vos1-
wise aetinn during this session -haiT y.
r-aiixrd The WORK 20 b. ian- j. both
rrm~ctai OF existing CONDITIONS ard ar-
sfctparory % future necessities one Is
Iast a. important the ether The
failure % provide TOR either woui.s ~.
extremely unfortunate and mark a de-
gr-r "f recrsancy. whira a tr1.. NisSi~-
s,ppian = Incapable o. The r-spnusi-
hilttte< d@wnivinx upon a f@xf~lat,,r arr
rir-reschtn< IN their consequences art
Nart~d IN their character. affecting VI
tsiiy the veal or vo~ of the p@op,s.
whose commission he holds
Ftsss~t.s CssssssssL
Iae state TrraSur~rss report disclo--s
"a uh-oNud condition is the states
nnances and emphasizes the necessity
Ter tmnissiiaat- remedial I~xisiatiou Ths
ostt<atlons Of the state must De
pso@psiy met and ths paelic faith lsa-
N and the broader state<manship con-
d~utn the policy % borrowing from fh-
isnd collected TO defray the expenses of
We state government for the year
lsas. To pay thu current expenses of IN.
government for the year 1856. That
policy has been In vogue for the past
snre- or four years II was re-ort@d
etc IN the treasury brought about b.
rh~ failure of the last administration
70 issue bonds authorized BY an act %
TIE Legislature. approved March 7.
1899. to raise niouSy Tor IN. psrrr.,...
OF er~ctinE new STATE HSuz~~ That
oet a1thortEe,f the ISSUANCE % sus. MILL
Ion dollars ef thirty-y-ar pr cent
bonts- Instead of issuing the million
dollars u bonds 10 ray for th- new
state houz-. the co-r % erecting the
building and furnishing IL were paid
oct 9t funds intended 70 b. devoted "a
th- payment % tn normal current ex-
peu>~s Of the STATE government Thss
6~-ctt therefore which ronfrsufs A. =
not ait"xeth@r cliarxeabi- 70 the pre-
ert Administration. bat II cones 70 -
- legacy from cur pr~.fec~s-ar- To
<uvplv in part that d@dcif th~ Lexisla-
furr. by an act -atffi@sl an act to az-
thortze the i<suaree OF STATE bonds for
the zxF sFsar~ -
% the STATE government. approved
March Is. 1884, authorized the Gov-
ernor to issue I've hundred Thousand
dollars OF bonds. In pursuance of said
art IN the manner and form prescribed
therein. l sold at par to y w Harris q
Co. OF Chicago. III i've hundred thou-
sand dollars OF thirty-year bonds Of The
state of Mississippi payable in ten
years or any time thereafter at the op-
tion OF the state. bearing interest a.
the rate Of three and one-haif per cent
nually-- The proceeds from this boud
sale were covered into the Treasury. as
Will be shown by the records Of that
once Fearing that that amount would
not meet the demands upon the Treas
ury for the year 1895. the Legislature.
by an act entitled an act 10 raise
revenue to carry on the state govern
ment Of Mississippi for the years isat-
lied the Governor to borrow when
ever necessary during the wear Is45.
three hundred thousand dollars AZ n
rate OF interest not 10 exceed ave per
cent per year. payable on or before
January IL. 1sss.- In pursuance OF
that act and by the authority thus con-
terred upon me; ! borrowed tire. hun
dred thousand dollars from the Nissi<-
stppt Bank and Trust Company. OF
Jaek ksou. Miss for which amount gave
eight notes for S=5-ees each AID two
notes Eor xsa.999 each. dated July I.
1905. payable January Il. 1895. and
bearing interest at the rate -of nve per
cent ps- annunI- ! trust that you may
provide for the payment Of these notes
at maturity. and thereby avoid any
possible Inconvenience to the bank
which handled the matter for ne upon
exceedingly favorable terms to the
state might have been able to have
borrowed this money at four and one
half per cent interest. but in order 70
have done would have been forced to
six months Confronted. as We are.
with a deficit in the Treasury. let Us
consider the remedies at hand In my
Judgment there are but two ways cut
OF the trouble Either issue bonds 20
pay for building the Capitol and fur
uishi1S IT, which cost in round num-
berx 81 -ee9. sa9. or Increase the tax levy
I think the former the wiser course to
pursue There = no JUSTICE in making
the present generation pay with money
worth ten per cent for building the
capitol and furnishing IT, when the
state can borrow the money at three
per cen. and thereby put a portion Of
the husdeu upon the coming genera
rian< y 70 are to enjoy the use and ben
rhe esnattSor. of rhs. states finances
calls for prudence. wise economy deep
concern for the honor Of the STATE anu
fnvoke< the higher order OF statesman
ship TO handle the situation property
Everything thar savors Of extravaEance
or pre.ligality should be avoided as we
should al<o avoid everything that
su1acks % the ui<garily and psrsfnio1t-
anrr ~ rs.sarsfes af Hf@<f@Efnrf able
20 bar anv burden OF taxation or do
anything that NAV be necessary for the
moral. educational and material pros
p<rify Of the people af NiS<tsstnpL tn.
apsount Of money invested for the good
Of TIE people l. OF no concern II we ar
sure that the money thus invested viii
p<opi@ will BE- made better and richer
Ssr the Investment
submit the matter to your greater
wis.lafr. confident that YOU win do that
The PesisesaiaFy-
In my inaugural address. delivered
before the joint session OF the Legisi.t-
ture of Mississippi. January 10. 1sat.
discussing the penitsntiary manage
ment. 1 recommended the abolition OF
the Board Of Control and substituting
therefore department Of the STATE
government to be under the direction
and control of one capable man. select
ed as the Legislature may provide.
whoes duty IL shall be to direct and
SUDTfNlse lH~ NoTkiEE % NA4G toLNAtN1
as the law may prescribe The re4-
sons then urged for the proposed
change in the penitsutiary management
are equally cogeut now. and applica-
BILE TO present conditions
1 said: The disadvantages of the
present system are that the responsible
tiles are divided among nve men. whose
other Official duties. il properly per
formed will consume all OF their time
1t presents a ease where no one man -
responsible for the acts OF nve- An
ether reason. The duties of the ONCE
Of superintendent Of the penitenti1ry
call for special qualifications and tram
ing. which the Governor. Attorney Gen
eral and members of the Railroad Com
mission may not posses<-in fact they
do not possess. Where something -
to be done my observation - that ooards
are awkward slow. inefficient one
responsible. capable head i worth
more than a dozen boards OF eontro.
After two years OF earnest. sincere ana
patriotic service to the state as mem
her Of the Board Of Control. am thor
oughly convinced that the interest o.
the public service demands a change IN
the penftentiary management. and am
also convinced that IL the recommendA.
lions made by me two years age nd1
been adopted IL would have redounde6
n H. fr~ea az