Year: 1870

| 'iieit utnseT pOpuiatlon, ut'eiope1 arts
and industries, their Capitalization OF
forces and accumulation Of capital. She
reminds me moro of the Western States
in her condition and needs. A virgin
/ soil. undeveloped powers, vast forests,
and vigorous men, but no money. Like
them she is trying to build railroads, invite
immigration and develop her resources,
and perhaps Is not so much i'm love with
her high tariff rs some OF her more cul-
tivatcd sisters. The elements and powers
of nature, and the energy and enterprise
of men in order To he turned To account
for the great uses of civilization. must
wait on capital. Unfortunately we can
not hold our own; we can keep neither
our men or our money at home. Higher
rates Of interest Tor the one, and quicker
and larger returns for the other, win the
game. The result is double drain which
keeps all our channels low. This evil
must be remedied or Maine will have TO
wait great while for her coronation.
! What can he done it is not easy 10 say
specifically. We must look TO the national
government TO strike of some OF our
fctters and tighten some OF our burdens.
To me it seems unwise To cramp our
energies with duties and taxes in trying
to do everything in one day. | have no
pride against letting somebody else pay
the cost oil the war The great debt ot
the country is a boon which We must in
vite posterity TO share, along with The
blessings which they will inherit with IL.
What gave our strength, our blood, our
! TO- l,t ha Hali al lttn han n a
at least in the thankoffcring. II we can
do anything that will make labor. skill,
talent and capital remuneratiye, that let
Us do. People will come and will stay;
money will DO kept and bought, ii we can
manage 10 make il pay. What we can
do for money does not readily appear.
But we can look over the situation. As
have said. higher rates ot interest
abroad lure our money away. Money
will seek the highest level ~ sure ~
water. Argument and entreaty will not
change the course of the ineXorable law.
Capitalists arc reluctant. Some Scruple
TO receive an illegal rate and so refuse.
Some stipulating for these rates knowing
that they can only trust the honor of tho
borrower for the continuance, want u
better security. But mortgages of real
estate, which is about all We have. carry
4 long right Of redemption, and the lender
is liable 10 be kept three years out OF the
money Il, merely the low legal rate. The
result j. he will not accept even the
mortgage. but demands an outright deed.
and then the borrower must trust the
honor of the lender. which in turn may
not be very valuable security.


Two things would undoubtedly tend to
make money more plenty. !. To perfect
and make practicable our free banking
law. =. To legalize higher rates of in
terest OF course the suggestion OF evils
growing ont OF the latter proposal at once
arises. But it may be that the example
OF the general government which COM
PEELED US to suspend specie payments,
may also compel US for a time to recognize
4 rate of interest corresponding with this
general practice and sanction.


The Commissioners of the State Nalua-
ton will submit the results Of their labors
for Your action. which will require your
careful scrutiny and impartial Judgment.
| Institutions, REFoRMAroRY AND SAM
TARY.


The various institutions under the care
of the State are generally in n prosperous
condition. The Reform School shows ex-
cellent management The business is
conducted with judgment and energy
! the discipline and care OF the boys Is wise
and kind; and although this is some
sense prison it is the best sense school.
| Ii isa greater task than we might think
to administer the affairs Of such An insti-
tuition with entire success. We have
reason to be gra,iiied with the present
results.


proposition so cordially received twoyears
ago, To establish M Industrial School for
Urls. Such an institution would do
much good, and save from vast evils.
| The subject cannot but command the
sympathy OF every humane and consider
ate man.


So for rs can Judge of the State Pris-
on every thing about it appears to be well
managed The sum OF so, 900 WAS plac-
ed last year in the hands of the Warden
for a working capital. The experiment
has proved successful. The books show
| this wear an excess OF earnings over eX
peuscs OF S6s9,l9, which is marked
change in the balance of accounts.
Great care is taken for the welfare and
| improvement of the c0nvictS and every
thing is done Tor their good which the
nature OF the case will permit.


am constrained 20 SAY here, that the
iail system in this State is far from being
so satisfactory. As have said before, il
is attended by evils which are disastrous
in the extreme, and would respectfully
renew my recommendation that you
provide some method TO reach this mat
ter.


The Executive Council have given par
licular attention To the condition OF the
deaf. dumb and blind. who are now sent
10 institutions out of the State. Some
matters of detail have been corrected and
improved, but upon the whole the rres-
ent mode of caring for those unfortunates


is approved rs the best provision we could


make.


The Hospital for the Insane is still


crowded with inmates. Applicants are


awaiting the completion of the new wing.


This it will he necessary 10 provide for.


The building will be intellectually com


plete, and the institution as large rs adj


yanlagcously managed. The adjacent


londs on the south have been purchased


and the grounds are now convenient and


symmetrical. Cordially cOnccdmg all


that is claimed for the sincere efforts OF


those who have the management of the


institution in charge, | still remain OF the


opinion that we arc somewhat short OF


perfection in our methods il not III our
system of caring for the insane. Cells
and corridors and stone walls are dreary
confines for our minds broken under the
weight ofreal or iancied wrongs 1t may
be justified on the homeopathic principle
. that the pl oper medicine for sick man
is that which produces the same disease
=, . ,,,ou o,a. for a bripf treatment of q