GOVERNOR'S MESSAGE. 7o tin Senate >ul FFouse of ReprtstrUafivtS of the Comnomcealth of Pennsylvania. Fellow Citizen's :—The Legislative branch of ihe Government meets under circumstances calculated t" produce emotions of deep grati tude. The events of the past year cannot fail to afford assurances of the continued mercy of the Almighty Father of the I'niverse, and of the Mess tigs He tias dispensed to the people of this Commonwealth. \S bile in other parts of our country, and in distant lands, pestilence has mode fearful ravages, leaving in its track the wretchedness of destitution and the tears of crushed affections: a healthful climate, in the disposal of a righteous Providence, has preserv ed the citizens of the State comparatively free from the miseries of the destroyer. During a period of war, famine and civil commotion in the old world, bringing in their train desolation and want; blighting the iiopes, paralizing the industry, and ruining the prosperity of the peo ple : our beloved Commonwealth, in union with others under the National Constitution, has en joyed the delights of peace, and her citizens, in the exercise of industrial pursuits, have found contentment and competence. To the Author and Guardian of our being, whose beneficence caused all things to work together for our good, our reverence and gratitude are especially due. The recent efforts for the establishment of li beral puhtical institutions in Europe, have exci ted in the people of this country, the warmest sympathies. The conflict between the oppressor and the oppressed, whatever may be the inci dents or results, having for its object a govern ment capable of protecting and extending poli tic il and social liberty, must be regarded by the people of the United States with the deepest solicitude. In the enjoyment of institutions which recognize the inherent rights of man, and are founded on the acknowledged principle that all political power is a trust to he exercised for the benefit of the citizen, they cannot witness the struggle between despotism and freedom, without ardent hopes and sincere prayers for the triumph of liberal and enlarged justice. It is impossible to behold a people long the subjects of tyranny and oppression : enlightened by our example, and solicitous for equal enjoyments : rising up beneath the burthens v hieh centuries have heaped upon them : casting aside the rev erence for power and the pride of regal splendor; looking forward to the establishment of human rights : to the elevation of the moral and social condition of society : and placing their lives and fortunes on the hazard of a struggle for these objects ; without, on our part, au earnest, an anxious desire that they may succeed. That struggle has been unsuccessful. The arbitrary governments, in whose midst the noble band of patriots erected their standard, have succeeded with their immense force in maintaining tvran- : nical authority, and the brave men who fought j for freedom, have either perished under the bar barous exactions of despotic will, or they wan der in foreign lands, exiles from homes that no longer aflord security. It is not the policy of our National Government to mingle in the con troversies of foreign nations, nor is it desirable ■ tnat it should, by acts of hostility or friendship, : break up the commercial relations which exist for mutual advantage ; but it is, nevertheless, 110 j violation of international law to enter our so- j iemn protest and warning, against acts of cruel- j ty and barbarism upon heroic men and defence less women. It is no wrong for our government • to unite with others, in the expression of indig nation against tiie violation of national faith and ] national law, involved in the demand, for an guinary purpose*- of the brave defenders of hu man rights. The consideration of the Legislature :s re spectfully invited to the financial condition of the Commonwealth. The present funded debt is a- follows 6 per cent, loans, $3,041,022 51 5 per cent. do. 37,336,716 00 4.' ? per cent. do. 200.000 00 530,577,739 41 Unfunded debt, to wit: Relief notes iu circu lation (without in terest) $653,164 00 Int't certificates out standing 179.422 91 " " unclaimed 4.44*; 38 *' or, certificates to be added when the same shall be fund ed or paid 11.201 34 Domestic creditors(en settlement; £5,104 8% 033.434 51 Amouiitof canal, railroad and mo live power debts, contracted prior to Dec. 1. 1848, So unpaid by the appropriations of the last session, 63,230 53 Total indebtedness of Common wealth, Dec., I'-10, $40,574 413 45 The funded debt on the Ist December, 1848, was $39,303,350 24 Unfunded debt, 1.081.386 69 Amount of canal, railroad and mo tive power debt, contracted prior to Dec. 1, 1848, 367.642 38 540,842,379 31 Amount of public debt paid dur ing the year 1849, exclusive of the sum paid commissioneis cf the rakme fund 267.965 80 Amount paid during the year lc-40 to the. commissioners of the sinking fund 227,513 53 Amount appropriated during the year 1849 toward payment of public debt $495,479 39 In exhibiting the operations of the Treasury for the last fiscal year, the stun of $130,000, bor rowed on special loan for the avoidance of the Schuylkill Inclined I'lane, arid included in the aggregate of the public debt in December, 1849, should be added to the above stated sum of 495,- 479 39. The amount of receipts at the Treasury during the year end ing Dee. 1, 1819, is ' $4,433,688 65 The amount of expenditures dur ing tne same period, is 4,084,771 80 Balance in the Treasury on (fee. 1, 1848, " 577,290 39 '• " " " 1849, 926,207 24 Imourit paid to commissioners of the sinking fund to Jan. ]-t, 1850, $227,513 53, with which was purchased of the funded debt, and transferred to the Commonwealth 2.53,500 00 .'.Difference between the indebted ness of the Slate on the Ist Dee. 1848, and Dec. 1, 184'J 267,965 86 Total amount of public debt paid during the year $521,465 86 Estimates of receipt- at the Treasury during the vcar 1850 From Lands $20,000 00 Auction Commission#, 22,000 00 Duties, 50,000 00 Tax on Hank Dividends, 130,000 00 " Corporation Stocks, 160,000 00 " Real and Personal Estate 1,330,000 00 " Tavern Licenses, 80.000 00 " Retailers' Licenses, 160,000 00 " Pedlar's Licenses, 3,000 00 " Broker's License*, 12,000 00 " Theatre, Circus ami Mena ries Licenses, 3,000 00 " Billiard Rooms, Bowling (Saloons and Ten-pill Al ley Licenses, 5,000 00 Distillery &. Brewery licenses 1,500 00 Eating-houses, Beer-house* and Restaurant Licenses 15,000 GO Patent Medicine License*. 3 000 00 " iGrnphb t Law a s>o 00 Militia Finrs 2,000 00 Tax ou Writs, Wills, Deeds, A c. 40,000 '• certain Offices, 20,000 •' Collateral Inherit mce, 200,000 ! Canai and Railroad Tolls 1,825,000 j Canai Fines and sale of old materials, 5,000 Enrolment of Laws, 11.000 Premiums on Charters, 40,000 Tax on Loans, 125,000 : Inclined Plane Loan, 270,000 , Dividends on Turnpike .and Biidge ; Stock 2,000 i Nicholson Lands, 900 i Accrued Interest, 5,000 i Refunded Cash, - r i,ooo ' Escheats 2,000 j Fees of Pubic Offices, 2,000 : Miscellaneous, 2,000 j Interest on Stock purchased, 15,000 00 $4,566,300 00 ; Estimated payments during the year 1850 : !To Public Improvem'ts $611,000 Expenses of Government, 235,000 ' .Militia Expenses, 4,000 j Pensions and Gratuities, 20,000 | Charitable Institutions, 80,000 [ Common Schools, 200,000 j Interest on Loans, 2,005,000 I Guarantees of Interest 32,500 j Domestic Creditors, 10,000 Damages on Public Works, 20,000 ; Special Commissioners, 2,000 j State Library, 2,000 | Pub. Buildings and Grounds, 2,000 I Penitentiaries 15,000 j House of Refuge 5,000 Nicholson Land®, 300 j Escheats, 2,000 " Abatement of State Tax, 40,000 j Counsel Fees it commissions, 2,000 i Miscellaneous, 5,000 " Inclined Plane, Schuylkill, 270,00(1 ! North Branch Canal, 150,000 Coiu'rs Sinking Fund, 293,000 54,034,800 00 j $531,500 00 The foregoing estimated balance in the Trea ' surv, at the end of the fiscal year 1850, would I appear to justify the appropriation of forty thousand dollars toward the completion of the Western Reservoir at Johnstown, as hereinafter recommended. It would also authorize the ap propriation of a sum not less than $300,000, in addition to the amount already appropriated, to be expended in the completion of the N. Branch canal. The Legislature at its last session authorized the re-issue of the relief nctes then in circula -1 tion. and suspended their cancellation for three j years. j The amount of the whole issue now I ( outstanding is $653,164 00 The amount paid into the Treasurv and supplied by a new isue is 443.537 00 Balance, $209,627 00 The above balance has been destroyed, or has failed to reach the Treasury during the year. These notes, the redemption of which being am ply secured, and aflbrdiug a safe and convenient local currency, have the confidence and favor of the citizens. It is therefore recommended that authority be given to the proper officers to keep them in good condition, by a new issue, iu lieu cf uch as may become mutilated and defaced. In addition to the suggestions made to the last Legislature on the subject of the monicd affairs ot the State, it is deemed proper to call your attention to the fact, that a portion of the funded debt is over due—a part bearing an intcre-t of six per cent.—and a part falling due in the year leso, as follows : The amount of five per cent, funded debt overdue, except bank charter loans, is $354,519 10 The amount of six per cert, funded debt overdue is ] --,o 335 0€ The amount of five per cent, funded debt failing due on or before Dec. 1, 1850. is 999 211 15 The amcunt of unfunded debt, now due * 85,104 88 Amount demandable at the Treasury during the year, $3,191,170 19 I Provision should be made at an early day for arrangements with the creditors holding these j claims. Io permit them to remain in their pre seut condition, would not only evince an indis position to pay our just debt's, but would also i operate injuriously to the holders of the sio< k, ov compelling sale* at a price below their par value. The annual demandsupon he Treasury, with the present means of the State, will not | permit the payment of these loans ; and the only practicable mode which suggests itself seems to be the negotiation of irew loans, stipulating an extension of the time of payment. It is believ ed that such loans could be negotiated at a rate ot interest not exceeding five per cent. Should authority be given in the arrangements suggest ed, to stipulate that the said stoek should be exempt from taxation, the inducement# to in vestments therein would create such competition as would be highly advantageous to the Treasu : ry. Justice and honesty require that these debts should be promptly paid, or arranged to the satisfaction of the parties interested, and am provision which the Legislature may