AISRIOAN VOLUNTEER. EVERT tUORSDAT .MORKIMU BT ' Jobii JB. Bra*‘dn. - terms Srmtfmwiio*.— Dollar and Fifty Cents, - Two Dollars if paid within the |e a ir add Fifty Cents if net iald within the,year. These terms Will be rig idly adhofofl'to In every instance. jNo sub scription Ciscov. tinned until ail arrearages are, pald'unteps at the option of the Editor. An vEKWsEurjira— Accompanied by the cask, and ntft cKceetliiig bnb square, will bo inserted throe times tor One Dbllnf, and twenty-five cents tor' each additional-insertion. Those of a great terjongth in proportion. JoB-PnrHTi»o—Such as Hand-bills, Posting iblllsi Pamphlets, Blanks,'Labels, &c., ike., exe cuted with dccuracy and at the shortest notice. THE GOVERNOR’S MESSAGE. '.To the Honorable the. Senators, and Members of ■ the House of Representatives of the General .Assembly, Gentlemen— By the suffrages of your fellow ♦ citizens, you have been charged with the duty of representing them,'and the interests,of the. Commonwealth, in the Legislative branch of the Government-. The responsibilities you have assumed-ami the duties to be performed should ever be regarded as paramount to every selfish or partisan consideration. The prosperity of -the State and the general of the people, should,receive your,earnest attention, and be the aim and end of your legislative action. To promole these objects. I will cheerfully, in every legal auir constitutional manner, during the . continuance of my official term, co-operate wi th you. . The past year, with the exception of recent ■ embarrassment. lias been one of , gen- Oj-r 1 m-osnerilyforeign wars—no.fraternal w "" t*“ • • ’ , ' l '•"lAt of onr strife, has disturbed me H ... homes. Unwonted; health, with its-bicSsmgs, has been vouchsafed to ns. Seed time and har vest haw not failed—the earth hath yielded her increasi, and richly rewardei the labor of 'lie husbandman. The M-ts arid Sciences have been advanced, and the greit interests of Education, Morality and Religion liberally encouraged and sustained., ,Ouf ; nation in' its uhity—dur free institutions in, their 'integrity, noth one rights and privileges, civil and . 'religious, have been preserved. Recognizing in "these bjessings the ' goodness of Almighty God, we should render to Him the homage Of- grateful hearts and the devotion of our. sincere praise : and whilst humbly acknowledging His mercies to us.as a people,,iet us sail further express our gratitude to Him, by acts of individual charity-and kind ness to the poor and helpless in'onr midst.— Sorrow now fills the hearts, and; adversity darkens the homes of many of our citizens.— Our , liberality should be generous ; our bene factions munificent; and thus whilst the wants of the poor arid.suffcnrig are relieved, the gene rous giver will find a rich reward in the plea sure that.results from communicated good. . The finances of the Commonwealth are in a very satisfactory condition. During the past year every demand upon "the Treasury has been promptly paid, from the revenues derived froth the ordinary sources; The operations' of this Department will. he presented to you, in detail, ’ in the report.oi the Stale Treasurer. . .For the fiscal. ygar ending November 30. h. 1857, the receipts at the Treasury, including ■ balance in the Treasury on .-the first day of De cember, 1856; of. one million two hundred and forty-four thousand seven hundred and ninety five dollars.and forty-two cents. (1.244.795 42) were live millions nine hundred and thirty-five thousand throe hundred and eighty-three dol lars and Twenty-six 'cents. ($5,935,383 26.) —; The aggregate expenditures for the same period, were five million four, hundred and seven thou sand two hundred and seventy six dollars and seventy,nine cents, ($5,407,270 79.) Balance in the Treasury December 1,1857, five hun dred and twenty-eight thousand one hundred and six'dollars and foriy-sevori cents, ($528,- 106 47.) Excluding the balance in the Trea^ Ihe : first day of December, 1850. the ri'cnp!k-tVorfi al! ssiirces'wei'o four'iniliion .‘six'. hnndred-and 1 ninety thousand fire hundred and ' eightvrHcven dollars and eighty-four cents,. ($4.090.587 84.) The ordinary, expenditures for the same period, were three million nine | v hundred and ninety two thousand three hun dred- and seventy" dollars and twenty-nine cen's. ($3,992,370 29 :) exhibiting an excess of receipts over expenditures of six hundred ciglit thousand two hundred and seventeen dollars and fifty-five cents,.(s69B,- 217 55.) TKe extraordinary payments for the - year; were one million- four,hundred and four teen thousand nine .hundred and six dollars and fifty cents. ($1,414,906 50.) as follows, to wirf To the completion of the Portage Railroad, forty-nine thonsand sixly-one dollars and nine ty-two cents,(s49, o6l 92 :)to the Nor.h Branch extension one hundred and thirty-eight thou sand seven hundred and ninety eight dollars and eighty five cents, ($138,798 85 :)'lo relay the South Track of the Columbia Railroad, ninety one thousand four hundred and livedol lars and forty six cents, ($91,405 46 :) to en large the Delaware Division.'forty-six -thou sand two hnndcrd and sixty-three dollars, (46,- 263 00 ;) for motive power in 1856, eighty-one thousand six hundred and four dollars rind twenty four, cents, ($81,004 24 :) for repair in 1855" and 1856 forty-nine' thousand five hun fifed aiTd sixty four dollars and seventy-eight 'cents, fs49 564 78 :) fur; the redemption of loans, eight hundred and twenty " thousand ninety seven dollars and three cents. ($820,- 097 03 :) damages on the Public Works, forty six thousand five hundred and fifty two dollars and sixty (live cents. ($4O 552 65 ;) old claims on the Main Line adjusted under the several Ants of Assembly, forty six thousand five hun dred anH forty-eight dollars and fifty-seven cents. ($46 548 57,) and for the new State Ar senal and Fanners’ High School, forty-five thousand dollars, ($45,000 00.) .The interest on the funded debt, duo in Feb ruary and August last, was then promptly paid, and lhai. falling doe in February next wiill be paid out of 'available means now in the Treasury. By virtue of the provisions of the Act of the 13th of October, 1857, entitled "An Act providing for the Resumption of Specie Payments by the Banks. and for the Relief of .Debtors,” the Slate Treasurer will be enabled to pay the interest due. in February, in specie or Its equivalent. The credit of- the Common wealth has been fully and honorably sustained. The promptness with which every legitimate demand upon the Treasury has been met, has inspired public confidence in our securities: and although recent and existing financial re vulsion may embarrass the operations of the Treasury, and reduce to some extent the reve nue, yet the ability of the State to meet her en gagements and maintain her credit, under in honest and.economical administration of her fi nances, is undoubted. The honor and credit of the Stale must and.can be preserved intact. The Commissioners of the Sinking Fund, re , port the SUm of foqj hundred and fourteen thousa'nd.'ninri hundred and, twenty dollars arid twenty-nine cents, ($414,920 29) as now in the Treasury to the credit.of that fund. This amount will be applied to the redemption of •Belief Notes yet in circulation, and to the pay ment of the funded debt of the Commonwealth. . The Commissioners of ihis fund, on the 7th day of September last, reported to mo that the sum-of one million forty-two thousand eight hundred and fifty-seven dollars and sixty-tour, cents. ($1,042,857 64) of the debt of the Com- 1 moriweallh. was hold by them, as follows, viz ; Loans of 19th of April, 1853, over due, temporary, $400,000 00 Loans of 9th of May, 1834, over duo. temporary, . 104,000 00 Certificates of stock, loans of April 11, 1848, 6 per cent., Certificates of stock, loans of vari ous dates.,s per cent.. 9.316 64 Relief Notes cancelled and destroyed.373,o4o 00 Relief Notes in Treasury, set Aside for cancellation, Total, $1,042,857 64 . . ...,_—.-- . , —• ' . . .. , . ~.. ... ~,. ~ _., . ' • . ','•'• ' . • . . . . . ' . . . . . ~.• . . . -i . . ... • ~. . . .. . .. s . . .....„_____7-9-9,..... 4 ‘,.-•_ .:' '. ' ~..,:.., ' ..4 ..-7_T --.:- . - : .., ..• :„....... ss . .. ~,. ... .. _.... ~...,: , .........,,..,,,,_,: „ •: ;_ 0 _ .: „ . .. .,_:,.„...„..„7.: „ L „ ....,,,LE,....,.: , ....:: :: ...,: . ..,...,: „ „_.: , ,,; _ „_..7 , ,,.....: ., ,..,..,.,_.. ..,., ~..,, t 1r ~, . , ~,:....... . ~.• ~ ....,,, , ....,,,,.,„_,,..,.„..,,.:.......,..... ' 44 4 .:'','-'—-:;•,:.;,:•:....- '.' '— ' _ .. . , • • .. , ' .., )i . ''.... 3. •. — Y -- --:;,".r;; ; :t!....711Z,i... V 'l!:..' .:7'..f, - .7": . ..'.' :• .. ' '', ~• - . - . • • . .. • . . . . . . ~.... . . . . . . . „ .. ~ . . .. . . BY JOHN B. BRATTON, As required by law, I directed the certificates and evidences of this indebtedness to.be cancel* led:; and on thel9th of September, 1857, ed my proclamation declaring the payment, extinguishment and final discharge, of one million forty-two thousand eight, hundred and fifty-seven dollars and sixty-four cents, ($l,- 042.857 64) of the public debt. . . In addition to the amount reported to be in the Treasury to the credit of the sinking fund, arid applicable to the payment of the public debt, the Commissioners of the fund now hold the sum of seven and one half millions of dol- lars, ($7,500,000 00) bonds of the Pennsylva nia Railroad pledged by law to the. payment of the.furidcd debt of the Common wealth. By the 4th section of the 11th article of the Constitution, as amended and ratified by a ma jority {,f the .nnnlitied ,voters of the Slate, at'the' general election held on ilio 2d Tuesday of Oc tober, 1857, it is made the duty of .the Legisla ture at. its, first session after the adoption of ilhis amendment, to create a Sinking Fund, ■which shall be sufficient to pay the accruing interest on the present pit blio debt'and any ad° ditiona! debt thereafter constitutionally cpn tracied.' and annually to reduce the principal thereof by tl sum (css than two hundred and fifty thousand don.’,. r s, ($250,000 .00,) which “Sinking Fund shall consist of the pet annual income of the public works from time to time, owned by the Slate, or the proceeds of . the sale of the same, or any part thereof,' and of the in conic or proceeds of sale of stocks owned by the. State, together with-other funds or resources that may he designated by law. The said Sinking Fund may be increased from time to time by assigning to it any'part of the-laxes or other revenues of the S;ate, not required for the ordinary and current expenses of govern .merit, and, unless in case of war, invasion or insurrection, no part of .said' Sinking Fund shall be used or applied otherwise than in ex tinguishment of the. public debt, until the amount of such debt is reduced below the sum ■of five millions of dollars,” ($5,000,000.) This being the first session of the Legislature since the adoption of this amendment, the duty therein enjoined devolves upon you, and should be promptly and faithfully discharged. • The funded and unfunded debt/of. the State, including temporary loans, on the first day of December. 1850, as per Reports of Auditor General and Slate Treasurer, was os', follows, viz: ' , PONDED DEBT. ■ . 6 per cent loans,® 5ll;781 00 5 “ " “ -38,800.094 50 . 44“ “ 388,200 00 .4,“ “ “ 100,000 00 Total Funded debt —; -$39,800,975 50 Relief notes in cir , eolation* $230.550 00 Interest certifio’ts outstanding,, Tnt'rst certificates unclaimed, Domestic cied’lrs,. Bnl. temp’ry loan, Apr.' 19, 1863,'; 400,000 00 Bal. temp’y loftn,, May,.9,‘1854, 184,000 00 Total unfunded debt-— — t --- The funded and unfunded debt, at the close of the lust fiscal year, Dec. 1, 1857, was as follows, viz: , FUNDED DEBT, 6 percent loan, $ 445,180 00 5 “. “ “ 38,773 212 52 44 “ •• “ 388,200 00 4 •> “ • “ 100,000 00 Total funded debt : §39,705,592 52 Relief notes in cir- • culaliqn, : $146,421 00 Imr'st certificates outstanding. Intr’st certificates unclaimed,. Domestic cred’trs. Total unfunded debt- 'olal debt Dec. 1,1857. Total debt Dec. 1,185 G, “ “ “ 1, 1.857, Decrease during the fiscal year, $820,097 55 These statements exhibit the gratifying fact, that during the past fiscal year, the public debt has been reduced eight hundred and twen ty-thousand, ninety-seven dollars and fifty-five cents.: During the stfme period large appropri ations and payments were made on account of our public improvements, for old and unsettled claims adjusted. under the act of last session, and for other extraordinary purposes. The condition of the Treasury prior to the suspension of specie payments by the Banks, justified the appropriation of at least two hun dred thousand dollars more in payment of the public debt, and arrangements were made by the Treasurer, under the direction of the Com missioners of the Sinking Fund, to liquidate that amount ; but affbr the suspension aiid the consequent financial embarrassment of the coun try, the proposed payment, from prudential motives, was postponed. Had this payment been made, in addition to the payments already reported, the statement.-, and calculations sub mitted in my last annual Message in relation to the early payment and final extinguishment of the public debt, would thus far have been sus tained by their actual verification. The cau ses that prevented their realization, it is believ ed, will soon cease to aficct injuriously , the rev enues of the Commonwealth. Actuated by that indomitable energy that has ever charac terized the American people—faltering for a moment, but not disheartened by the adverse circumstances that surround us—roused to more vigorous action by disaster and defeat our progress cannot long be chocked, nor our prosperity long be interrupted. Confidence the sensitive, yet powerful agency that binds in unity and strength the great financial, com mercial and industrial interests of ,our country and the world, has been suddenly impaired, producing -financial and- commercial - distress! and affecting the revenues of the, Common wealth ; but with the advantages resulting from the rapid developement of our resources during the last quarter of a century—the immensely valuable increase of our agricultural, mining and manufacturing industry during the same period—theabundant harvests of the past year— our completed improvements, and all the de ments of material wealth in our midst, its res toration at an early period is not problematical. Returning confidence will be the herald of re turning prosperity. Notwithstanding, then, the present embarrassment and gloomy condi tion of the country, after li .careful considera tion of the present and prospective condition of the finances and resources of the Common wealth, I cannot hesitate to.reaffirm my belief, “that the time is not far distant when .Penn sylvania will stand redeemed from the oppres sion of her public deb', and her people be releiv ed fyom a taxation imposed to inept its accru 60.501 00 30,000 00 VOL. 44. UNFUNDED DEBT 24,691 37 4,448 38 1,164,00 $40,701,835 25 UNFUNDED DEBT. 23,473 82 4.448 38 802 50 175,145 70 $39,881,738 22 840,701,835 25 39.881,738 22 ring interest and maintain the faith and err-di of the Commonwealth,” and that “by practi sing strict economy in all departments of the Government—avoiding, extravagant expendi ture —refusing to undertake, any new schemes of internal improvement; and holding to a rig accountability the receiving and disbursing agents of the State, Hie realization of these views may be’anticipated with confidence.” As corroborative of the opinion' now and heretofore expressed, a. brief review of the oper ations of- the Treasury during the past three years,, as connected with the payment’ ofthe debt of. the Commonwealth, may not be. inap propriate. In my first annual, message to the Legislature the fact was stated, that during the three years intervening- between December, 1, - ai ‘d. December 1, 1854, the public debt . , been increased one million, five hundred and eighty-four thousand, three hundred and fifty nine dollars and thirty-four cents : and that the total debt at the close of the fiscal year, De cember 1, 1854, Was forty bite millions, six I hundred and ninety-eight tht>i.’s3nd, five hun dred and ninety-five dollars,‘end seventy cents; ($41,098 595.-T4.) At the close of- the ate fiscal year. December 1. 1857, three years*' later, the funded and unfunded debt, as before shown, was thirty-nine millions, eight hundred' and eighty-one. thousand, seven hundred and thirty-eight dollars and twenty-two cents: ($39,881,738:22;) decrease in, threeyears,, one .million, eight hundred, and' sixteen thousand, eight hundred and fifty-seven dollars and fifty, two cents. ($1,816 - ,857.52.) Thus m three years the public.debt has been decreased, by actual payment and without i-- sorting to the. expedient of temporary loans, -one million, eight hundred and sixteen thou sand,.eight hundred and fifty-seven dollars and fifty-two cents.- If to this be added- the sum of four hundred and fourteen thousand, nine hundred and twenty dollars and twenty nine cents (414.920,29) now in the sinking fund, and applicable to the payment of the funded debt, the reduction would be two million; two hundred and thirty-one thousand seven hun dred and seventy-seven dollars and eighty-one cents, ($2;231,777,81.)'- ' • . ' These facts are not only gratifying, but en couraging. It has already been stated that there is in the Sinking Fund the sum of seven millions, five hundred thousand dollars—boml< of the Pennsylvania Bailroad Company, bear ing interest at the rate of five per centum per annum, payable semi annually, and pledged to the payment of the funded debt. ,lf this sum be added ,to the' reduction before' stated, we have presented to us a virtual, if hot an actual decrease, of the.Statc debt of nine millions, sev en hundred arid thirty one thousand, seven hun dred and severity-seven dollars and eighty-one cents, ($9,731,777,81 ;1 showing the total fun ded and unfunded debt of the State on the first day of December. 1857, to have been thirty-one millions, nine hundred andsixty-six thousand, eight hundred and eighteen dollars and forty one cents ($31,960.81841;) , In anticipation of the sale of the Main Line and the decrease in the public debt,,the Stale tax, by an act of the last regular session, .was reduced from three to two and one half-mills on the dollar: a reduction equal to one sixth of the tax imposed for State' purposes' prior’to that act. These facts speak for themselves, .Well -,™%K;t!iUJ.?oplo i heJcppgr^l I (d^eß;,riri;Sui!b^^.s •spictous beginning in the processofliqindation, and well.may they with confidence nriticipalc the day of their deliverance fibril State taxa tion. Financial and commercial embarrass ment may postpone,—nothing but uriwise leg islation, and the imprudent or dishonest man agement of our finances, can prevent the early realization of their well founded anticipations. The condition of the public works, their general operation, the receipts and expendi tures'during the.past fiscal year, will be pre sented to yon in detail in the Report of the Ca nal Commissioners. . The total receipts at the Treasury, from the public works, for the year ending November, 30, 1867, including receipts from the Main Line op to the first day of August last,Were one milljpiv three hundred and eight thousand, five hundred and ninety-eight dollars and six ty-t.wo cents, ($1,308.598 02.) Th? aggre gate expenditures for the same period were one million three hundred and twelve -'thousand, seven hundred nhd five dollars and sixty-seven cents, ($1 312.705.67): the expenditures ex; ! ceeding the revenues four thousand one hun dred and seven dollars and five cents, ($4,107- 05) . , The receipts at the Treasury from tlic sever al Divisions were as follows, viz Main Lirie, to August 1. 1857. $796,55033 Susquehanna and North-and West Branch Divisions 287,718 95 Delaware Division 224,329 34 ■ The receipts from the Delaware Division are less than those ofthe previous year. Thecom piction of rival Railroads and other causes, 1 have lessened the receipts from this irinportarit division of our public works : and it is feared will Continue to decrease them. Its manage ment has been satisfactory, and compared with other divisions of the public improvements, eco nomical. The net revenue, at the Treasury; was $174,601 87, a decrease of $9O 093 53. as compared with the receipts of tho preceding year. In addition to the ordinary expendi tures, the sum of $40,303 was paid for the en largement, and improvemerit of this division. The North Branch Extension of the Penn sylvania canal, although so far completed in the fall of 1856. that boats freighted with coal and other, products, were successfully passed through jts entire length from Pittston to the Junction canal, yet in consequence of, a largo portion of the ‘Horse Race Dam” having been carried away by the freshet of last spring, bu siness on the canal was suspended the: greater part of the past year. It was repaired during the summer and in the fall business .was resum ed along jts entire length. Soon aftt-K, the same dam was again extensively injured by a suddetf Srid heavy freshet, and the greater part of the canal rendered useless for business. An appropriation will be required to rc-construct the dam. This canal,: although useful and valuable, appears to be’doomed to failure and disaster.-—' These.are.lhe fruits of. former mismanagement and fraud in its construction. Every effort has been made to repair the errors of its early man agemciit, and to complete and render useful this division of our public works'. Under proper management it can he successfully ac complished. 834,859,75 of the abt of the X6th day of ; May, 1857, providing for t|ie sale of the Main Line of the public works, after giving the no tice required by law, I caused the said Main Line to be exposed to puhlio sale at the Mcr-' chant’s Exchange,, in the city; of Philadelphia, on the 25th day of June last, and sold the same to the Pennsylvania Railroad Company for the sum of seven millions five hundred- thousand dollars, the highest price bid for the same, and the minimum price fixed in the act. After a full compliance by the purchasers with the conditions of the act authorizing the sale, and the delivery of their bonds in number and for the amounts equal to and falling duo at the time provided for the payment of. the re* speclivc instalments, the Secretary of the Com monwealth, on the 31st day of July, A. D. 1857, as directed by the act, tnmsfcrrrcd, un- ltf ALWAYS BERfOIIt'—BUT ftIGIIT OR WRONG, OUR COUNTRY'.,” CARLISLE, PA., THURSDAY, JAjNUARYm,IBSB. dcr the great seal of the State, .'to the Pennsyl vania, Railroad Company, tfieif successor!* or as signs, the whole. Main LineJ'of the public works between Philadelphia arid’.'Pjtlsbnrg, together with all the right; title anduiilerest, claim and demand, of the Commonwealth of Pennsylva nia to all property, real;.; personal and mixed, belonging to or used- in CQhneclion with the same by the Oomrhpnwciiltfi ; and the purcha sers having given notice of their readiness to take possession of the said works, possession of the same-was accordingly delivered to the Com pany on the first day of August last; of winch notice was given to all Superintendents and ' Agents of theOommonwealtli.'hy proclamation bearing date the 31st day of’July, 1857; ri re quired by the law niithoiiziqg.lhe sale. The bonds pf-the Pennsylvania Railroad Com pany, in lhe sum of seven ahd one-half millions of dollars, were received by’-thcfState Treasur er and are held by him for the Commissioners of the Sinking Fund ; the entire proceeds of the sale bemg reqnired by‘tliC;T2th section of the, act. to be paid to, Fund and Applied to t!;9 payment of the Stale debt. 1 I csnnol forbear congratulating the people of the Cominonwe,';!lh on consummation of this' sale.-. Public sentinient, ’as.oppressed through the ballot box and.in other,foi trisequa!- ly significant, demanded ib-rpubtio policy and the intercsts of the Coii 'aoritvcalth required it. It is done. The many' approve; fcw/complain, those , most, who, have gained an unenviable reputation by-a reckless disregard of the pub lic interests, as exhibited' in: the extravagant, useless and fradulehf expenditures dnhe public money for selliiihioKpartizan .purposes. The sale of the Main Lino has directed public attention to tbo’ihipoctahcb and necessity of dis posing of the remaining divisions of the public improvements, ' The reasons and policy that required and justified the sale, of the pne, apply.' witli equal force to .tlio sale of the other. The ■'propriety of separating the' Si '.to from the care and control of the public!works, is not only ev ident to',all who have given the subject a candid and impartial consideration,, but the necessity is clearly established; by' the -history! of their coiistiuction' and management. They have failed to bo a source of'revenue fo the Common wealth, and if retairiedby the State, will requir an expenditure in their repair and management, ■largely exceeding any. revenue, that under (]■■■ most fav.ovnblu circumßf,a'riccs,.caa bo derived from them. 'ln any phasp'.of the question, this separation is desirable, hilt in, connection with the payment of the public debt, and the reduc-. tion of St .to taxation, it becomes an-object of more than ordinary interest.. A- sale, at the earliest praclicabloperiod, Of the whole of pur public works, for a fair, consideration, upon, terras just and liberal to the and,at the same time amply protective to the rights and interests of the people, should be anthoriz ied by the Legislature. Such-sale, with the ap plication ol the proceeds r to the payment of.the I public debt, would secure, its"still more rapid extinguishment. ' The subject is'rocommendod' to jmur unbiassed consideration. The law incorporating.t|iePennaylvnnia,Eail-,| road Company imposed altgx Of three mills, per ton, per mile, bn all tonnage passing over that road, as an equivalent ioftwpy ■decrease in' the r venues ■of the ouinmobVbaTTii, that might arise from the, anticipatoct'-oompetition of the .road, with the business of. the Main Lino off ho public inipfovoineais. ; This tax ; .fsjpot!imposed upon the Company, bqt mpm; (llpiyonnage', and Its collection and payments.) tin) Slate. '-It is Virtually a tax upon tile trade and commerce of fbo Commonwealth, and. upon the comi. eroC of other States whose productions souk an Eastern market over this road; amSthus. by • increasing the rates pf charges and the cost of transporta tion the produce of the West is forced upon the competing railroads of other States and to'oth or markets than ourown.Tbo necessity that required tins tax, as regardsjtheCommonwealth ami her improvements, lias censed. Its contin-. nance can only bo justified as a revenue meas ure. It should be the policy of the Sjato to in vite the transmission of the- products of'Other States through her territory.to her own markets, and, therefore, the propriety of relieving fha trade and bu-mess of the .Commonwealth and country from : this tax uppn it,,is respectfully subraitted'for your consideration'! ' In conscqoenco of the suspension of specie payments by the Banks of this .and the other States of the Union, and flip financial embarass ment and general prostration of business, I deemed it my ditty .to call, As authorized by the Constitution, an extra scssioq of the Legisla ture, to meet at Harrisburg on the sixtli day of October last. Although the relief provided by tins extraordinary session of the General As sembly, was not as ample' asitho' exigency of the case required, yet it was productive of many beneficial results, and served to allay the in tense excitement and alarm that pervaded the entire community. By the act providing for the.reanmption ofspeoiopayments hytlio Banks, all banking institutions accepting the provisions ofthat law, wefe’required to pay into the Trea sury one fourth of one per. cent (in their capital stock; the amount realized by the payment of this bonus has not only defrayed all tlio expen cos qf tliat session, lint will leave 1 a balance in the Treasury of not less than tliiity five thous and dollars—n result certainly not injurious to the finances of the Commonwealth. .My Views expressed in former communica tions on the subject of hanks and banking capi tal, fn their relations to the currency and the general interests-cT lrarte,.remain unchanged. Hbwover diySrse our opinions may bo on this subject; it must be admitted by all, that the. banking and credit systems are ; so intimately interwoven with the business and commerce of tho country, that their sudden Separation, or a rath .Innovation, would produce Consequences of fearfill magnitude. That tho-present system of banking is perfect, is nor pretended; that it could be essentially modified and Improved, will not bo denied. The present derangement of the currency may and will Suggest thonecos sity of reform, not only in the banking system itself, but in the management of onr banking institutions Unlimited.credits by corporations or individ uals have and will over bo an unmitigated evil. They contribute to bank expansions,. rash spec ulations, extravagant living, and excessive over trading; always sure to bo followed by ruinous revulsions. ’ IVhattlie. remedy should be, I do not deem it rny proyince, under existing circum stances, to suggest;' hut to’ be permanent and effectual, it must accord with tho natural and necessary laws of trade. ■ The currency of a country forms no exception to these laws, and should be left to their operation and control, so far as may be consistent With tho public good. It is, therefore, that a system of free banking, based on undoubted public securities, and coin in such proportion to circulation ami depositos; os way bo doomed sufficient to secure their con version into,,specie, on demand, with proper limitations and restrictions, is deemed prolera- 1 ble to-the present system. .Its introduction would correct munj existing abuses not only in the system itself, but in the present, mode of banking. Those questions, however, with the remedies necessary to prevent a recurrence, of file evils under which wo now sutler, together with tho nature and extent of the relief, if any, that may yet bo required by the Banks of the Commonwealth, to enable them to resume tho payment of their liabilities in- specie, are all re ferred to tho wisdom of the Legislature. They are practical and important business questions, and as snob should receive your intelligent con sideration. : 1 The present condition of our Commonwealth and’ country deserves at least a passing remark. A severe financial revulsion has occurred, indu cing a suspension of specie-payments'.by the Banks, not only of this Coihmoriivcalth, hut of all the Slates ot, the Union, deranging the cur rency and affecting disastrously all the great in terests of commerce arid the industrial pursuits of the citizen. Labor is without employment,’ and thousands of strong active men are.now asking foi- work or bread. The causes assigned for these evils aro almost as various ns the in terests or ’prejudices'of those who undertake their explication. Towhatever cause or cau. sea they may he referred, it. is neither just, nor proper to charge all our present financial and commercial distress to the Banks and their man agement. However much they.may.have con tributed, other causes have operated still more directly and powerfully to produce these results; and among them flrsi in importance and influ ence Is the present systerii of low duties, in con nection with the warehousing System, adopted as the policy of,the General Government in 18-16. The abandonment of the protective pol. icy, ns embodied in the Tariff act ot 1842, was resisted ;, by . Pennsylvania with a unanimity al most unparalleled in her history;, Her repre sentatives in both branches of the National Con gress -strenuously opposed the repenl of that act; The evils under which wo are now suffer ing were predicted,; as a consequence of such repeal. But other counsels prevailed, the act was repealed, arid the industry of the country exposed to a ruinous competition with the cheap' labor'd foreig-i nations. . The disastrous effects ot the repeal,-were postponed by the operation of causes well understood by every intelligent citizen. Famine abroad produced an unprece dented demand for our breadstuffs,,and the gold ot California, although it may have added to the excitemont.of our progress, and Contributed its full share in producing'-existing financial and commercial embarrassment, in millions, suppli ed the means of paying the overwhelming bal ances against us on our foreign importations.— Under the present system of low duties, the ex cess of imports over exports has been buy on the most extravagant wants of the country.— They have been enormous and ruinous—destruc tive of doinestic industry, and involving the homo manufacturer and home labor, in o ie com. mon ruin. We have imported more than, we could pay for, and much more than we 1 needed. Pennsylvania abounds in iron ore. Iron and its manufactures aro justly regarded as important eienients of her material wealth;, and from her abundance, if properly fostered and protected | by a wise national policy,- could supply the mar kets of the world; and yet; since the passage of the act of 18-16, we have imported of iron and steel and their manufactures, more than two hundred millions of dollars in value; paid for in gold,or out- bonds and stocks, now held by fo reign capitalists—the interest on which but adds to the burdens imposed upon us by oiir foreign indebtedness. The satrie is true of many other important branches of home industry. Many millions in, value of cotton.and woolen goods have, during the same period, been imported, that should have been made in our own work shops, should have been woven on American, and not bn British, French or Gorman looms. ; As an example of the practical working of the system, official documents exhibit the fact, that during the past four years the imports of foreign merchandise, exceeded our exports one hundred and eighty-four millions two thousand seven hundred arid sixty-eight dollars; and as a conse quence, tl drain of• the precious metals was corrosponi. igly great. The amount of specie sent out of the country during that period, was two hundred .and thirteen-millions throe hun.- drpdi'.aud •, sixtyrfour. imported, -tffinabod aflff’twenty-- f seven thousand four hundrod.arid fwcnfyvseven dollars: leaving a balarico against us on specie account-of one hundred and eighty : six millions four hundred and thirty-six thousand riine hun dred, and fifty-seven dollars. This depleting process, aggravated by excessive importations, unsettled the currency and induced an inflated paper circulation, resulting in bank suspensions and financial embarrassment. Buttirijevil does not end here. An inflated paper currency, by cheapening the price of money, increases in this country the cost of production, and thus, whilst the American manufacturer is exposed, undera system of -low duties, to a ruinous competition with thp cheap labor ot Europe, lie is paid for his goods in a currency less valuable than that paid to his foreign competitor., Asa necessary result the home fabric is driven from the ipar >-ket, and the homo manufacturer ruined. The operation of these carises, stimulated by low dm ties, is siiffioiont to destroy the industrial ener gies of any people. ~ With these facts before us,-it is no matter of surprise that our mills, factories and furnaces have been closed,; and thousands of honest, la borers-thrown out ot employment; that com merce has scarcely an existence, that bankrupt cy and ruin are around jis, and our general pros perity paralyzed. : To avoid these disasters, to which wo have been periodically'exposed, re form not only in our system -of banking, but in our revenue laws, becomes indispensable. . If (lie principle ot the not of 1842. had boon preserved—oven if its rate of duties had been, reduced, onr specie by millions would not have gone hit - foreign coffers to build up and sustain the foreign manufacturer; borne industry would’ be prosperous, and the cry “ wo want work.” issuing from a thousand lips, in our largo cities and manufacturing districts, would not now be heard;, nor would a foreign debt of nearly five bundled millions of dollars exist to startle and alarm us. That system that practically prefers foreign to home labor, —that’ keeps our work shops in-Europe, instead of building and sup, porting them here—that fakes onr gold to pay the wages of the British laborer, whilst onr own are without employment and without broad.— thaffills the Country with foreign merchandise to the exclusion of tho homo.fabric,—Hint lays the, British rail upon tho road through out iron districts and by our rolling mills, whilst they are silent and deserted, and that invites to spe culation and extravagance, is nt war with every true American interest and should bo at once abandoned. A period of low duties has always been mark ed by excessive importations,—largo exports of specie—overtrading — bank expansions and bus. pensions, and financial and commercial revul sions. Under tho protective policy these pecu liar and staitling characteristics of tree trade havo all been wanting. The,history of thu cenn. fry establishes these facts. A well regulated tariff, adjusted to protect the productive indus try of the country, is not the true policy of the Government, but is a bettor 'regulator of the currency, and a more certain security .against bank expansions, tham any system-of pains and penalties yet devised for the control of banking institutions, or the operations of capital. To this wo should return. Pennsylvania is yet true to her ancient and long cherished convictions of its propriety and necessity. Site may have been misled. Political apd. partisan pressure may havo true; position l This was. her raisforlnne, .not; her. fault. She sees and feels the. «Tohg,.ahd with on emphasis, intensified by her injuries, will demand redress; protection for himself and the groat industrial interests of her people. The agricultural interests of tho country, should ever bo fostered and sustained by tho State.. They are first in necessity and useful ness, and constitute the basis of Slate and Na tional prosperity. Upon their progress and de yelopomont, depend the success of our mechan ical manufacturing and commercial interests. Agriculture, in its varied and multiplied re lations, is tho unfailing source of National wealth, and to its promotion all should oontri. buto. Individual enterprise and liberality, State am) ’County associations, have done much to advance (his important branch of productive 1 industry; have collected and circulated much valuable information ; and encouraged by their honorable exertions, tho progress of scientific j nnd practical agriculture. Science and art have nobly proffered their aid—the State should not withhold her encouragement nnd support.. -I.have heretofore recommended the establish* mentof an Agricultural Bureau, in connection With some one of the State'Departments, to give efficiency to (ho collection and dlllUsion of useful knowledge* on this subject. - Impressed with the necessity and usefulness of such u Bu reau, X again earnestly recommend it to your favorable consideration. ” “ The Farmers’ High School nio,”-an institution incorporated by tlie Legis lature of 1865, is entitled to the especial atten fiori of the fVicnds of agriculture. . In the, teach ings of fills institution, (he scientific nnd the practical are .united; and whilst the art of farm ing, and all that pertains, to tho management, business and work of a farm, will bo the subject of instruction; (he natural sciences; in their rer: lation and application to practical agriculture, will-also be taught. • The,student of the. insti tution .will bo enabled to test, in bis doily occu pation; (he truth and value of the knowledge, communicated. ‘ Much of the land connected with (he school lias been, successfully cultivated during the past yenc. Orchards of every variety of fruit,' and. hedges, have been planted, and many valuable improvements made. A double storied barn; largo and convenient; as also the farmer’s house and part of the out-buildings,.have been erected and occupied.* * From the report of the trustees wo learn that a contract has been made for the erection of an edifice calculated for the residence of profes sors, lecture balls, to bo built o.f stone,, four stories high, two hun dred and thirty-three feet in front, with wings, cost fifty-fire thousand dollarb. This j building is already in progress, and'it is hoped I that a.part, of it may be.put under roof and be so far completed as to enable the board to make j arrangements tp‘ receive a few students before' the close of the current year.?.’ Tlie Legisla ture, at their last session, appropriated fifty■ thousand-dollar’s to this institution, one-half of which has been paid; the remaining twenty-five thousand dollars to be paid on condition that an equal sum be realized from other sources, with in three years from the passage of the act mak ing the appropriation. - The objects and character of dhis Institution, —its relation to agricultural knowledge, and as the pioneer in the great work of agricultural education, commend it to the generous patron age of the Legislature, and to tb.o confidence and liberality \>f the people of the Common wealth.; ; The report to. bo submitted by the Superin tendent of Common Schools will present a clear, and satisfactory statement of the general opera-, tion of the system during (ho past } ; oar. The separation of the School from (ho. State Department, by the dot of iho last session, was a just tfibuto .to the importance and value of our comrnon.school system. The great educational interests of the State, the care and guardianship of the intellectual, social nnd moral improve ment of the youth of thoCommonwcallh, should occupy a prominent and independent-position among the departments of the jovernment, If the care of the.treasure of the Commonwealth, the development of her material wealth, and the advancement of her politico-economical inter ests, have .received from the government the marked and distinctive recognition of their im portance, how much moye should the mind of :hor youth—with its wondrous activities—-ifs constantly unfolding energies, and its infinite superiority to thp material claim fho representatives of the people, a more bon. ored recognition. ; , , As. an independent dopaVtibymt;-’gfdator.. effi ciency will bb given to the sysferri-i-a more di rect and immediate soporvisionjwill be secured —the details of its operation more carefully ob served—its deficiencies discovered—its errors, corrected—the accomplishment of its noble pur poses nnd objects rendered more certain, and tlie system itself saved from the dangerous and debasingMnfluenco.of political excitement, and partizau.prejudice. fhe county superintcndency, tested by expe rience; has realized the just expectations of the friends of the measure, and may now be regard .Cd as-a permanent and indispensable part of the system. When committed to competent men. it has accomplished a noble "work in promoting the 'success and usefulness of our common schools; and wherever the duties of the office have been faithfully performed; the cbnracterof the schools lias been elevated, their numborand the number of scholars increased, and the con [ fldence arid encouragement of the public secur i ed. In (he hands* of incompetent, men, those results have not boon obtained ; button tho con trary, opposition‘has . been piovoked, arid the cause of common school education retarded.— This office should, not be committed to any but men thoroughly qualified by education anti ex perience for the performance ofits arduous and responsible duties; and it tiro school directors ofaoy county, in disregard of their obligations, from opposition cithcrlo.thosystein ortlie office, select an'incompetent person* for the place, the oc.ium ol the aet, and of failure to secure tire benefits resulting from a proper and. intelligent administration of the office, should rest upon them, and not upon the law authorizing the ap pointment. The defects of the system, when cleaily established, should be promptly coivect ed, but change is not always reform ; and inno vation. induced by selfishness orprejudice. may endanger its permanency nnd destroy its efflei cnc}*. The act of the 20(h day of May. 1857, provid ing for the. due training of teachers of common schools in the Sta'e, by encouraging the estab lishment of Normal schools within the districts designated in the law, has received the cordial approbation of all interested in tho success of onr common schools. The passage of that act inaugurated anew era in the 'history of common school education in Pennsylvania. It is a ihovomcntin the rightdirectioh j full of encour agement and hone for the greater perfection and usefulness of the system. Large anti’ enthusi astic meetings of tho friends o( education have been hold, in many of the districts, to promote tho establishment of Normal schools, ns con templated by tho act ; and liberal sums of men ey have been subscribed to secure this desira ble object. A noble work has been commenced and sustained by individual enterprise and 11b- by tho State, and vindica ted by its own intrinaic.morit, it must go oh un til State Norihal schools, in number and effl’- ciency, equal toth" supply of well trained teach ers, shall become tho just pride and boast of Pennsylvania. The organic structure of our system is ns per fect, perhaps, as human legislation can make it; but it needs the competent and thoroughly trained teacher to give it greater vitality and efficiency, and secure the full accomplishment :ofthd pot&Mtofjthis creation. Tho teacher, thp : the well-trained, the sciehtlffc teacher, is the groat want of the sys tem, Wo need the teaching mind, not the ati tonifttons of mere physical organization or anti quated routine, to direct and control the intel lectual energies of the youth of tho Common wealth. We require mind, educated mind, in our schools, that knowledge may ho communi cated. not only, effectively and practically. hut that In training tho young. they' nviv ho taught to think—and how to think—to investigate and j know for themselves, and thus lie fitted and pre- I pared for tho high and responsible duties of the ! man and tho citizen. This deficiency, can only ho supplied hv State Normal schools for tho education of teachers. I To them wo must.look. The future is ffdl "f, hope. Much has already boon none fa nr *vjdo I for their establishment and sunport Tn '•on.' nectfon with honorable individual. eflf*»»t 'vn rn , legislative encouragement may bo required. It j AT §2,00 PER ANNUM NO. 31. must again call (lie attention of the Login- ' 'ey;, lature to the subject of revising the militia lams of the Slate, They are so crude and impcffcct, in may of their provisions, and, obscure in' some Of their enactments, that it is difficult to'. discover the object intended! ,or comprehend f tfitrairty-clTJOfncrf—Tbt--porrerß-jiiid- tftttlmjf- f the respective officers connected, with the mili tary organization of the Commomvcahh.should' ■bo more dearly definid. Greater encourage ment should be given to the formation of vol-' . unteer cpmpanies r the entire system should be i:gniodelcd;.aqd placed jn a position to become ...' ~ alikedionoiiabie-and useful to the Slate. The Select and Common Council of the City of Philadelphia. by an ordinance passed tho’. Till day of April 1856, and officially commu nicated to the Legislature at their last general session, proposed'to convey,' to the Common wealth of Pennsylvania a lot of ground, in that, city, for. the purpose of erecting an Arsenal thereon. By the act of the Oth of May , 1857,. the Governor wasauthorized to accent from tho Mayor of Philadelphia, under the.seal of tho Corporation the conveyance in fee simple of the lot of ground proposed to bo'donaied to lha for the purpose indicated.— The conveyance was duly executed by the May or on the 20ili day of June, 1857 anil delivered and accepted on the 31st day of July following, as directed by the act.' The'4tli section of the 'sanie act'authorized the Governor lo.apply:the proceeds of the sale of the Arsenal in Philad'a, tSSO.OOO 00) to the creo.ion of an Arsenal on • tho lot of'ground thus granted to the Common wealth. In pursuance of the authority confer, red. a contract was made with a skillful and experienced Architect, for the erection and completion of tho proposed Arsenal : to be large and commodious, and adapted to the pur pose intended. The building jvas immediately commenced under the direct supervision of the Adjutant General, and is now complei d and ready for the reception of the Arms, Military stores and equipments of tho Commonwealth. ' It is of brick, three stories high, one .Hun dred and eighty two fee front on Fiber! street, and fifty feet in depth. The foundation, walls are of stone, and solid anil massive.— The cost of construction did not exceed the ap propriation. It is a. substantial and elegant siiticturc and,will be,u-safe depository lor the " public arms—an ornament to the' city, aud a . ‘ credit to the Commonwealth. ,■ One of rny predeceseors, in his annual com munication to the Legislature; immediately af ter the close of the late war with Mexico", re commended the erection of a monument to thp memory of those citizen soldiers, from Penn sylvania. who died in the service of their coun try in that war. It is due to them, that some public acknowledgement of their patriotic servi ces should he made by the Stale. Concurring ip the sentiments expressed in the commitment lion to which rtierenco has been made I would also invite your aMention o the propriety of erecting, in the public grounds of the Capitol, a suitable monutneni to their memory—and ' thus honor those who by their undaunted bra very and invincible valor, honored our nobjo Commonwealth. The publication of the Geological report of the State, under the superintendence of Pro fessor lingers, is rapidly approaching cotnpic lion. The engravings and illustrations ar,o nearly coinpletqji and the .first volume now in press, which he expects wiihjbe ready for defiy. cry soon after the meeting of the Legislature, and the seconc and last volume before its ad journment or immediately thereafter. The style aad general execution of tho work will he equal if not superior to that of any similar pub lication by-our sister Stales. It will fully sup tain the reputation of the distinguished geolo gist, by whom tho surveys were made, and wii.t ins d> voted so much care and attention to its |.nolinil-on- .Tile large g.o.'ogical map pf he Suite » 1.i.-Ii mil aecoioi any the volume's, I will ui) lie linihln-d b'. f'U'e i lie close of liie yeae. I Great cure has beep taken to inakt i perfect in ui I iis de'nib I'll'. 1 wled.- woi k ~'df be a valit n file aitdiiio ' tii ceo,'■ ap'rcal, as'well ns groin gical Koienci.anl will lie abkonsKul to the unizens of tie t'miioio uvvnl.ti, and honorable to ils nmbor 1 T!h- n -aihniou'i pm* owing nnlendmems to the t n •'* I ’»" • o 'u- 0 ''u»n..u;vi‘nh p. wi re pub j U,N ‘3-CuMD PAWS.] should be given cheerfully and promptly. No, , subject of greater interest can claim yourstleh tlon; no one appeals with more reason and truth, to duly and patriotism. ' Teachers’institutes, as auxiliary to'Normal ” schools, should be aided by the State. Through’; their agency, sustained by (1k noble and self denying efforts ol the tcaclicrs themselves;much good has been accomplished in educating ■hfld • i training teachers, and in dignifyingaprot’eSsiOh't too long undervalued by those most deeply io-:i terested in their useful labors. / ■ - S r “" t "’ olk of popular education, thereo should he no retrograde movement in I’enn.-yi- ■ rania—no yielding to the impotent clamor ol . ignorance, selfishness or prejudice, in their at tempts to stay its progress, -these, oho and" Jail, may denounce and condemn, buf virtue, I (patriotism, truth; hid you onward. Lot the. (system be maintained in its unity and usefii)- ■ ness; let it he improved and perlecledinits'do ((ails; but lot no act of yours impair its strength, or mar tho beauty' and harmony ol its propor tions.’ ' : Based as our institutions ato on the will ofthb' : people—dependent for'preservation on their virtue and intelligence—knowledge whir, ns should occupy tho high position to which-it is - so pro-cminenlly entitled. Knowledge, found ed upon tlic pure principles of eternal truth., is. ■ the crowning glory of the citizen—the safeguard and .defence ot the State. Education, lull and tree to nil, is tho boon we ask for the children ot tho Commonwealth—it’ls the dut}'. para mount to all Olliers, the State owes to her citi- ‘ zens. Tlic aid of the Commonwealth should ho ‘ libcpally bestowed. The subject, in all its I'cla- - tions, is warmly commended do the generous " caro and patronage of the Legislature. Legislation, whilst properly encouraging the i developemcnt ol the material wealth of the' State, should recognize tho still higher’ oblige-.- tion to improve the social, intellectual and mo ral condition of the people. The' amelioration; of human suffering, the reformation o' the or- : ring, and tho correction of youthful vioionsnoss are objects that deserve the attention of the. philanthropist and statesman. To secure theso results,,the educational, i haritahio and reform- ‘ iitory institutions of ifio Comiuou’wealth shoiilf he fostered and encouraged by liberal legisia. ! tion. ’ ■ 1 ' , -The reports of (ho Stale Lunatic Hospital, at ’ t Harrisburg, and IheUVstern iVrnisyh-aniaHos , pita! for the hmno, at Pittsburg, will be laid before you, and will exhibit In derail tlic’ir ope rations for the past year. i. 1 , Those institutions, in their objects and-re-; suits, merit arid should receive.oar warmest ap-, probation.. Tho condition ofnoclasa. of sutler--, ing humanity appeals with more thrilling power ■ to our sympathies than that of the insane’.' ■ Ig-' uorant of the frightful malady that oppresses them, shrouded in the fearful gloom of piuntal darkness, and slmt out from- the social joys of. home and friends, the aid of the benevolent and ’ the benoi ctions of the Commonwealth, should be libera.,y and cheerfully given to them.' . ‘ ’ The House of lieftige in Philadelphia,itnd the' Western House of Ifcfugc near Pittslinfg. again l ask to share the bounty of (lie Commonwealth. Those schools ,for the erring, neglected ami put-' . castdohildfcn ami youth of the State'; t(ioso>. homes'whoto kindness rules and love subdues (ho vicious and incorrigible, should uot be de-' nied their request. ' The ■‘Blind’'and the “Deaf and Dumb” asy lums at Philadelphia, and .the. Pennsylvania, Training School for idiotic and feotde-rmnded children, present their annual claim for your ’ sympathy and aid. The darkened eye, the si-' lent tongue, and the weakened intellect, in Sor-. row and sadness, appeal to the representative of' the;people for this boon. It.cannot be refused.' Sly views in relation to '“ local,”, ••special,'’' and "omnibus legislation ” liaVo been so fro- ’: . quo ly expressed; in communications to the l.egi kture, tljat. their repeti ion now is ynno-’. ccssnry. Such legislation, often so subversive' of private rights—so detrimental to the public interest, and.-generally so 'mischievous in' its 1 e.onscqnences—should not be encouraged or’. .. permitted. , ■ ■ b. The report of the Adjutant General will bej’.-v-'... laid before you. To its valuable and imporiSfe-vic ant suggestions I invite your careful tion.