)4 ftI.AR PER ANNUM INVARIABLY IN ADVANCE. XOWANDA: Tlursday Morning, January 13, 1859^ j governor's Message. I • . IJunorabU the Senators and Members of ] ' liaise if Representatives of Pennsylvania: I : —Although the year just clo- I bas been one of great depression in the J and monetary affairs of the country, f : , happy t0 * ,e a^'e t0 ftlinounce t0 theße j of the People, that the finances I ••1\ nnsylvauia are iu a most satisfactory I jbdition. I' j-jjg receipts at the Treasury, from all sonr- I f or the fiscal year ending on the 30.h day 1 Vorember, 1858, were $4,139,778 35 ; and I for all purposes, during the J time, were $3,775,848 06, leaving an 1 of receipts, over expenditures, of $383-, 1521 29. I This exhibit shows that there was actually j n the Treasury, on the Ist day of December, j ■ v -,s i the sum of $363,921 29, more than there j was on the Ist day of December, 1857. In ! to this, amoug the expenditures for 1 the year, were : I ..ac redeemed *3*0,306 85 1 Lief note* redeemed 41,071 00 ' -,-t rrtilic.ite- redeemed 116 70 I Hsk m: of the public debt, funded and un- I j tl i. p:\id during the year, the sum of 421,404 55 1 ■ j, uld t" this the exce-s of money on "hand, at the end of the fiscal year, over 1 irh.it' remained in the Treasury, at the I Niuie time last year, viz : 353,921 29 I Ac have the sum of 7*3.415 s4 I Met this is n,it all. The amount paid on the Lii'" improvements, including damages I laiins.during tlie fiscal years, was $311,046 50 I Y lie the amount of reveuue.from the same I i .ur i . for the same period, was only 95,070 06 I Bit,"! an excess of expenditures over re in. wlnch happily we will be relieved ;r"iii iu the future, of 245.966 32 T., - sum, should, also, be credited to the op erations of the Treasury, during the year, for [ ,i was au extraordinary expenditure, which cannot again occur, and was, in fact, a reduc : ii of liabilities of the Commonwealth, to that extent. If we add this sum to the amount of debt mill, and the excess of cash on hand, we have for the year a balance in favor of the receipts, over the ordinary expenditures, amounting, in tlie uirgregrate, "to $1,031,382 36. Hut from this, however, should be deducted the extraordinary receipts, which were Tlie amount paid by the Pennsylvania liirnad company, <>n the principal of tlie 'isst due by the said company to theCom ni -wealth' for the purchase of the main 1,11,. $lOO,OOO 00 Ti.e amount received from tlie G.irard Rank, fur !>>ans of the Commonwealth Mid by fli.it hank 2h,000 00 ; df T2*,OlH) 0 W iic!i, deducted from the foregoing aggre irntc of $1,031,382 36, leaves the true balance : the ordinary receipts over tlie ordinary ex ilitures for the fiscal year, at $903,382 36. The funded and unfunded debt of the Com monwealth, on the Ist day of December,lBs7, far a- follows : FUNDED DEBT. ' jcr vent loan $4 41,1*0 00 j 38,773.212 52 U 3H8.200 00 ,|,,i ' . . ' 100,000 00 To this should bo added 5 per cent, coupon bonds sold bv Alirard Bank, uot before reported 2 s .000 00 Total funded debt 39.734.595 52 UNFUNDED DEBT PTief notes outstanding $146,421 00 ktcrest certificates outstanding 13,473 62 '• unclaimed 4.44S 3S Domestic creditors &02 50 T u'unfunded debt 1 75,14.> 70 Mnking the entire debt of the Commonwealth, u'. the period named, $39,909,738 22. The funded and unfunded debtof tlie State, st the close of the last tiscul year, December, 1, 1858, stood as follows : FUNDED DEBT. ' per cent, loans sll.>,l*o 00 , 38,420,905 07 ij . ,i„ ....! 25N.200 00 0 d„ 100 000 00 Trtal funded debt 39.351.2 V. 07 UNFUNDED DEBT. IMief notes outstanding $105,350 00 Interest certificates. 23,357 12 " unclaimed 4,11* 3* Yunestic creditors 803 50 Tntal unfunded debt 133,95s oo Making the public debt on the Ist of De cember Inst, $30,488,243 68. Sincetheelo.se °f the fiscal year, the Commissioners of the Sinking Fund have redeemed of the five per cent, loan, the sum of $220,132 51, leaving the real debt of the Commonwealth, at this time, funded and unfunded, $39,268,111 16. To meet this, lresides the ordinary source of public revenue, the State owns bonds received tr mi the sale of the public works, and which, 1 have every reason to believe, are well sccur '•i>er and Lower North Branch canal to the North Branch Canal Company, for .. $1,600,000 00 The Went Branch and Susquehanna divi sions, to the West Branch and Susque hanna company, for 500.000 00 The Delaware Division.to the Delaware di vision canal company of I'enn-ylvauia, for 1.775.000 00 In all the sum of 3,875.000 no Upon investigation and inquiry, having be come satisfied that these sales were made lor fair prices, and upon such terms and to such persons composing the various purchasing as sociations, as to insure payment of the purchase money, they were severally approved After the contract for the sale of Delaware division had been entered into, and my consent had been verbally given, and seventy-five thou sand dollars actually paid by the purchasers, upon the faith on the contract, and my assent thereto, I was informed that a higher price had been offered by responsible persons, for the canal But, under tlie circumstances, my opinion was that tlie offer caine to late ; and as the railroad company considered itself bound to consummate the agreement by a delivery of the deed, and possession of the property to the first purchasers, I could not, in good faith, withhold my assent. Tlie North Branch ca nal company, subsequent to the purchase of that division, sold that portion of the canal ly ing between Wilkesbarre and Northumberland, to the Wyoming canal company, for the sum of nine hundred and eighty-live thousand dollars. On the 13th day of December, 1858, bonds of the various companies owning the different canals, secured by mortgages, were, in pursu ance of the act, and by my approval,deposited with the State Treasurer, to the amount of two millions of dollars ; and the mortgages on the canals given by the Sunbury A Erie rail road company, were cancelled by the State Treasurer, and surrendered by me to the com pany in accordance wr.h the directions of the law. At the same time a settlement was made between the Commonwealth and the railroad company, by which the latter paid to the State seventy-five per centum of the proceeds of the re-sale over aud above the contract price of three and a half millions. This amounted to two hundred and eighty-one thousand two hun dred and fifty dollars, and was paid in the fol lowing manner, viz : Bonds of the Wyoming canal company, secured by mortgage on the canal front Wilkesbarre to Northumberland,payable in twenty years, with iuterest at six per cent, payable semi-annually $281,000 00 Gash... ' 250 00 Total 2*1.250 00 These bonds are well secured, aud thcaccru- I iug interest and principal, when due,will doubt I les be promptly puid. PUBLISHED EVERY THURSDAY AT TOWANDA, BRADFORD COUNTY, PA., BY E. O'MEARA GOODRICH. " REGARDLESS OF DENUNCIATION FROM ANY QUARTER." From information of a reliable character,re cently communicated to me by the President of the Sunbury & Erie railroad company.it ap pears that the prospect of an early completion of that great public highway are very eucour agine A large amount of work has been done on the line of the road during the past season, and at this time, very considerable portions of the road are graded and rapidly approaching completion. It is the opiniou of the president of the company, that, within two years the work will be entirely finished, so that cars will run from the city of Philadelphia to the harbor of Erie. When this great enterprise shall be consum- j mated, aud the desire of its friends finally ac- | complished the payment of the three millions and a half of the mortgage bonds, which the State has received in exchange for the canals, will unquestionably be spcurcd—whilst the railroad,itseif,will prove of incalculable advan tage to our great commercial emporium,as well | as to the important, but long neglected region | through which it pusses. Its construction will' undoubtedly ndd to the value of the real estate j of the Commonwealth many times its cost,and devehpe and bring into use the rich resources , of a country which havehitheito remained as as they were lavishly strown by the hand of nature. 1 have an abiding confidence that the result will abundantly prove the wisdom of the ! measure, which,while it guaranteed thecomple- , tion of one of the greatest improvements ever projected in this Commonwealth, it, at the same time, divorced the State from the unpro fitable and demoralizing management of her . railroads and canals. Wb atever differences of opinion may, at any j time, have been entertained in regard to the j propriety of the details of legislation authori zing the sale of the main line, or the branches, it can scarcely be doubted, that the public welfare, will, in every respect, be vastly pro moted by the transfer of the management of the public works from the State, to individual owners. The short experience" that we have had al ready, proves conclusively that the Common- j wealth is greatly the gainer, in a financial point of view, and it has been equally demon strated that the people at large have been us well, if not better accommodated, by the change. It would, in my judgment, be a public calam ity, if, by the happening of any contingency, | the Commonwealth should be constrained to again become the owner, and resume the man agement, of any portion of the public improve ments. The power of the General Assembly to pass ' the act of the 21st of April, 1858, relative to the sale of the State canals, was questioned before the Supreme Court of the State, since the transfer of the canal ; and, after full argu ment, the constitutionality of the act was sus tained by the unanimous judgement of the court. Since the sale of the public works, and the settlement of the principal outstanding claims against the State, it is obvious that there is no further necessity for a Board of Canal Com uiissiouess, or a canal department. I, therefore, recommend the abolition of the Board, and that provision lie made for the transfer of the records to the office of the Auditor General. In view of the foregoing exhibit of our re sources and financial condition, it is apparent that a most interesting era has been reached in the history of the Commonwealth. Relieved from the entangling embarrassments of an ex- 1 tensive system of internal improvements, the means of the State are now ample for ull le gitimate purposes, ami her public debt is grad ually but certainly disappearing. From these and other causes, govermeutal action has be come greatly simplified, and the nature of the subjects of its operation has changed in a de gree no less remarkable. The almost entire disposal of the lands which belonged to the State, has already dispensed with one of the departments created for their care, and will, ultimately, render the other un necessary, except for preserving the evidences of their transfer. The sale of the public works has relieved the Executive branch of the government of many of its most responsible and most per plexing duties, and in effect, dispensed with one of its most formidable and difficult depart ments. la the same proportion, the action of the Legislature will, if the representatives of the people be true to the interests reposed, and sternly refuse to entangle the public with those numerous projects and enterprises which arc continually seeking its alliance, be simplified and economized, purified and strengthened. And as it is as remarkable as it is propi tious, that an era which lias relieved the State authorities of burdens that consisted of either of mere material interests, or the care of local administration—committing the one to the lo cal sovereignty of the people, and the other to private or associated enterprise—should also present for consideration and promotion intel lectual and moral claims of peculiar impor tance. It is at this period in our history, that the system of public education challenges the at tention of the most uuobservait. And 1 shall be much mistaken iu the cautious but stead fast character of the people of Pennsylvania, if their representatives do uot make it the first object of their solicitude. The aunual report of the Superintendent of Common Schools, will lay before you the pre sent condition of the common school system, and of its operations during the past year.— Your close and scrutinizing atteutiou is invited to the details of that document. Including the city of Philadelphia, it will be observed, that there were in the public schools of the State, during the year which terminated on the first Monday of last June. 828,201 pu pils ; these were instructed during an average term of a little over five months, in 11,281 schools, by 13,856 teachers, at a total cost of $2,427,632 41. Here is a public interest, which, —whether we regard its ramifications into every portion of our social fabric, its large cost, the import aut powers over the present which it wields. or its incalculable influence upon the future, — undoubtedly transcends all others committed to the care of the secular authorities. This being the case, I have no hesitation in assert ing that the time has arrived when its full im portance should be recognized, and that due administration should be made the duty of a fully organized and effective, as well as a sep arate department iu the government. But the mere care and promotion of our system of common schools—important and ex tensive as it obviously is, —should notjbe the sole object of such a Department. If it is true that the power to punish crime includes also the right to prevent it, by providing for the proper intellectual and moral training of the people, it would seem to follow that the De partment charged with the latter momentous duty, should also be in possession of all the sources and subjects of information, calculated to shed light upon the subject of its action.— Hence the collectiou, arrangement, and prac tical deductions from population and industrial statistics ; from natural defects, such as deaf ness and dumbness, blindness and lunacy ; from crime in its various form.-, and developemcnts: together with such a control over all the liter ary and scientific institutions in the state, as shall bring their lull condition into view— should also belong to the same Department. ; Therefore, I most respectfully, but earnestly urge upon your favorable consideration, at the present propitious moment, the organization of such a Department, in the room of those for the care of mere matter whose agency has been or soon will be discontinued by the onward and ! upward progress of the commonwealth. A suitable department of public instruction, will not, however, of itself, effect all that is needed in this recti on. The general results of the common school system, already cited, show the importance of its nature, arid the magnitude of its operations. If we look, also, into its special statistics, the conclusion will be equally clear that certain improvements in its working machinery are indispensable, It is needless to attempt to prove tlie truism that the properly qualified teacher is the life and success of the school. But the facts are startling, that of the 12,828 teachers of our public schools, exclusive of those iu Philadel phia, only 5,087 are reported as "qualified" for their important trust ; while 538 are re turned as " medium," or such as are only tol erated till better can be obtained ; and that 2,313 are stated to be "unfit." In other words : of the 569,880 children attending the schoolsoutof Philadelphia, only about 230,000 (less than one half) are under proper instruc tion and training ; while about 240,000 are receiving insufficient instruction from inferior teachers; 100,000 arc actually in charge of persons wholly unfit for the task. This presents the subject in alight that can not be shut out, and though the great and commendable efforts recently made by the teachers of Pennsylvania for their own im provement, are fully recoguized, it cannot be concealed that there is a vvoik yet to be done, in this relation, which would seem to be be yond their unaided power to accomplish. When, however, we look further into the special statistics of this branch of the system, tlie material for improvement is found to be of the most promising kind. Of the 12,828 teach ers of our common schools, 10,889 are under thirty years of uge, and 10,946 are natives of Pennsylvania ; and a larger proportion than in most of the other states, are permanently de voted to teaching. To render these fit for the position to which they aspire—undoubtedly one of the most useful and honorable in the world—and to raise up a constant supply of well qualified successors, is the work to be done. V arious modes of effecting this object have been suggested or tried ; but, after mature re flection, 1 am led to prefer that devised by the act of May 20, 1857, entitled "An act to pro vide for the due training of teachers for the common schools of the state." It places, in relation to the state, the teacher on the same footing with the members of such of the other learned professions as bnve been recognized by public authority ; and it is to l>e regretted that the prostration of business and scarcity of mon ey, that so soon followed the passage of the act, had the effect of checking many laudable efforts to put its provisions into operation.— Under these circumstances, does it not become the duly of the state to afford such aid, or at least hold out such inducements as shall cit able this measure to be fairly treated. The passage of a law guaranteeing the pay ment of a moderate sum to one teachers' school in each of the districts created by the act of 1857, would no doubt cause a sufficient Dum ber to establish the efficiency and practicabil ity of the plan, to be completed in a few years; the money not to be paid until the schools were in full and approved operation. It is not probable that this grunt would cause any con siderable draft on the treasury ; but, even if the whole twelve schools should ultimately be established, the boon would neither be out ot proportion to that which has been conceded to other literary institutions, nor the number of graduates beyond the wants of the community. Up to the present time, Pennsylvania has ap propriated about, $600,000 iu aid of her col leges aud academies, and this mainly in the lu pe of obtaining from them teachers for the common schools. Though the benefits of this munificence have been, in other respects, quite equal to the amount given, it will be asserted by no one that the avowed object has been to any considerable extent effected. It would, therefore, appear to be time that the aid of the state should be brought directly to bear in favcr of the great object so long contempla ted. I have thus briefly laid before you the con dition of our noble educational system. It will afford me sincere pleasure to concur iu the adoption of these, or any other measures, for its perfection, that the wisdom of the Legisla tnre may devise. In this country, tlie waut of a school which shall combine the elements of learning aud ag ricultural labor, aud thus adapt itself to the education of the farmer, has been most ecrious lv felt : for, whilst our many colleges well fill the measure of their usefulness in their appro priate sphere of influence, it must be conceded that the training they impart is badly adapted |to the art of practical agriculture. In Penn sylvania that interest is so important as to de maud at all times our anxious attention and active'support. "The Farmers' High School of Pennsylvania," lately projected and planned by a few public spirited individuals, and which has received, to some extent the patronage of the state, and the contributions of a number of our patriotic citizens, is destined to afford a place where young men may he educated at an expense commensurate with their means, and to a condition qualifying them for the pursuit of the business of the farm. Here, whilst daily occupation will train the body to the ability to labor, and give to the student the enviable feeling that lie contributes to his own support and education, it will instruct and enlarge his mind, that it may give force and effect to all his future efforts. The design of the institu tion is to afford a school where boys may be thoroughly educated in all-branches of natural science, and, at the same time, be inured to tlie performance of labor; so that at their graduation they may return to their pare ts abundantly prepared to join the domestic cir cle, to give a right direction to the business of agriculture, and act well their part in every department of lite. An object so fraught with usefulness is entitled to tlie highest commenda tion. The application of scientific principles to the practical purposes of life, is but realizing the full benefit of those laws of nature, to discover and to profit by which, is undoubtedly one of the great ends of human reason. Tlie more tiiis important object is held in view and effect ed by our higher institutions of learning, the more valuable and useful they will become.— 'Fiie Polytechnic college of Pennsylvania at Philadelphia, is founded ou this basis ; and its attempt to popularize science, and connect high acquirement with practical ability, is pre sented to your favorable consideration. Under a resolution of the last House of Representatives a committee was appointed by the Speaker ot the House, to examine the state and condition of several banks chartered at the session of 1857. Tlie resolution d rented the committee to report to tlie Governor tlie result of its examination ninety days after the adjournment of the Legislature. On the 20th of July lust, the report of tlie com mittee, together with the accompanying evi dence, was filed in the office of tlie Secretary of the Commonwealth, a copy of which will be laid before the House of Representatives. In view of the facts reported by tlie commit tee, in reference to tlie organization and subse quent management of the Tioga County Ban.: the Crawford County Bank, and the Bank of Shaiuokin, I would recommend a careful in quiry into tlie present condition of these insti tutions, and if it shall be ascertained that the public is likely to suffer injury from the further existence of either, a speedy and certain reme dy may be found in a legislative repeal of the rights aud privileges granted by acts of incor poration. The power to alter, revoke or annul the charter of a bank whenever its continuance may, iu the opinion of the Legislature, be in jurious to tlie citizens of the Commonwealth, is expressly given by the Constitution to the General Assembly,—to be exercised, however, in such manner as that no injustice shall be done to the incorporators. Obedience to this constitutional injunction would require that iu event of a repeal of the charter of a batik, care should be taken that the rights of the stockholders to the surplus assets of the bank, after the payment of its debts, were protected ; and that suitable pro vision should be made for settling its affairs. The injunction contained in the Constitution, that tlie repeal or revocation of a bank charter shall be in such manner as to work no injustice to the corporators, is not a qualification of the power to revoke, or annul the charter; but simply a requirement that, in taking away the charter, the rights of the stockholders shall lie protected, so far as is consistent with the act of repeal itself. Ido not doubt that the Leg islature may alter, revoke, or annul, any bank charter, whenever in its opinion the continu ence of the charter may be injurious to the the citizens of the Commonwealth. Any other construction of the constitutional reservation, would make the interests and safety of the public subservient to the gain of the private stockholder. Believing, therefore, that there is no want of power, I cannot refrain from ex pressing my decided opinion that whenever it is clear that a bank is insolvent, or in great danger of becoming so, or whenever its privi leges are so used or abused in to seriously pre judice the interests of the public, it is the duty of the law-making power to protect the people, by destroying its corporate existence. In this connection I deem it my duty to re iterate the views expressed in my inaugural address. I then stated, as my decided opinion, that there should be no further increase of banks or banking capital under the present system—expressed a decided hostility to the issue of notes of a small denomination—and recommended such a change in our laws rela tive to banks, their organization aud manage ment, as would at least secure, beyond all question, the pri inpt redemption of all bills or notes put iu circulation by the several banking institutions of the Gonimonwealth. Well satisfied of the imperfections of exist ing laws relative to hanks and bunking, I deem it a duty to inform the General Assembly that I cannot give the Executive approval to any bills chartering additional banks without a rad ical change iu the entire system. It is but just to state th°t in my opinion u large major ity of the bank* of the Commonwealth are well and safely managed, and in a perfectly sound condition ; but this is due to the honesty and intelligence of those having charge of them, rather than to the efficiency of the laws. Uu der the management of incapable or dishonest men, experience has shown, that there is really but little, if any, security to the public in the regulations and restrictions now to be found in our banking code. True wisdom dictates a reformation. Tlie HI lion- lor&c which have fallen upon VOL. XJX. —NO. 33. -the people during the financial pressure of the past eighteen months, suggest the necessity of preventing their recurrence. Although many causes may have combined to produce these disasters, it is too plain to admit of doubt, that our banking system has been one of the most prominent. The value of the piecious metals —the prices of property—ana the wages of .abor—are always affected by the abundance or scarcity of the paper medium received as a substitute for gold and silver coin. The power of the states to authorize a paper curreucy, through the agency of bunks, has been so long exercised, and acknowledged throughout the Union, that it is no longer an open question. But it must be acknowledged that the power has been greatly abused. The delegation of this attribute of sovereignty to a number of irresponsible corporations, without proper checks to limit its exercise, and without pro viding any security whatever for the redemp tion of the issues authorized, has been attended with evils of the most alurming character.— These corporations are practically made the exclusive judges of the amount of paper cur rency to Ge furnished to the people, and have the exclusive power to contractor expand their circulation at pleasure. Depositors and other ordinary creditors of banks, need no legislation for their protection. Every one who has direct dealings with these institutions, either as de positor or otherwise, enters into such arrange ment voluntarily, for his owu advantage, and may be safely left to his own vigilance, and the ordinary remedies of the law, for his pro tection But the millions of people engaged in industrious pursuits, the farmer—the me chanic—the merchant—and the laboring man are under the imperious necessity to receive for their merchandise and their labor, the ordi n irv papir currency of the country. It is impos sible for persons of this description to investi gate the concerns of every institution whoso notes are in circulation. But no investigation could save them from the losses arising from the defaults and frauds of bank officers and the insolvency of bauk borrowers. The note holders of banks have peculiar claims to the protection of the government.— They are involuntary creditors, who are forced to receive the notes authorized by the goveru ment They have no direct dealings with the banks. They do not trust the bauks from any '. opes of gain. They have no profit in passing the notes which tliey would not have had in passing gold and silver coin. They constitute almost the entire community, and the humble and ignorant are always the greatest sufferers when u bank fails to redeem its notes. The whole people are, therefore, deeply iuterested in the security of the circulation allowed bv law, although many of them may never havo had a share of bunk stock, or been within a hundred miles of its place of business. The government that authorizes the issue of a pa per currency is under a high moral obligatiou to require ample and available security for its redemption. The certificates of loans issused Iy the Gen eral Government, or by this Commonwealth, at a value to be fixed upon, with the power to require additional deposits of security, from time to time, as the loans depreciate in the market, would lie as safe and available as any guaranty which could be provided. A law requiring all issues of banks hereaf ter organized, to be secured by the pledge of these loans, would enhance the value of the present loam, and thus give the holders a pre mium not contemplated when they became purchasers, and for which they never gave any valuable consideration. This enhanced valuo would be derived from a privilege granted hy the State, and the State ought therefore, to have the benefit of it, as far us this may bo secured by legislation. The recent amcudinent to tiie Constitution circumscribes the power of the Legi-lnture in creating State debts, with an exception in favor of debts contracted " to redeem the present outstanding indebtedness of the State." A law authorizing new State loans for the purpose of redeeming the present overdue debt, would be within the constitu tional exception, and would be free from objec tion on constitutional grounds. The new loans, thus authorized, redeemable at the expiration of twenty years, with the banking privilege attached to them, would un doubtedly sell at a high premium. The pro ceeds of their sale should be applied to the payment of the present State debt, now over due, amounting to more than seventeen millions of dollars. Under this system the State loans would no longer lie held by foreigners, and the semi a' nual shipments of specie,to payiuterest, would therefore cease. As the currency would he limited to the amount actually secured, the danger from ex pansions, which have heretofore stimulated the incautious to embark in ruinous enterprises, in overtrading, and in extravagance in their ex penditures, would be greatly lessened, if not entirely overcome. As the securities, would be in the hands of a liitrh and responsible officer of the State, with authority to sell them for the purpose of redeeming the circulation, the power of the banks to arrest specie pay ments, nt their own pleasure, would be at au end. The system proposed is as near an ap proach to a specie basis as the condition and and habits of the people are at present pre pared for. The duty of securing the com munity from losses continually arising from an unsafe currency, cannot he longer delated, with out a manifest disregard of the public interests. The subject is therefore commended to vour early attention. The report of the commissioners appointed to contract for and superintend the erection of a moment to the memory of citizens of Penn sylvania, who were slain or lost their lives in the late war with Mexico, will inform the Legislature of the proceedings had oa that subject. After receiving proposals for the erection of the monument, and the adoption of a plan, it was determined, in view of the limit el and inadequate appropriation made for tho accomplishment of the purpose, by the Logis laturp, to post JK>IIP the commencement of tho work until furtlter legislation could IMJ had It is the opinion of the mtnmissioi ersthat oi'h sr.t: rot tint r.vcE.