nir-frit 1 7TT1:F7 i.'V. - 11 I Dcuotci to politics, Citcratuvc, I I i i 1 . 1 1 A ti 11 l J 32. fiiblis ihfJ by Theodore . Scliochj . T",','!, ,r" "'ar in 'vaii-Hl if tint T's T. th- fii-1 r the year, two dollars luid fiftv ,ii ' , i f -ill. ' rliari'ii- - r'n' '!N-tit!iitii-d until nil arrearages are '. .! , nt tin !li' f til" Kditr. . - '"'i !'iv-rii .'111 -ins of n ? .juaro of (oigrht linrtil or .. r tlir.'.- i-i,"i", i',n "d l'J-li additional iu '";'. Mif-. l'iii.''T "ti'" In jironort ion. iF At.I. KJN1H, ill.- hudi-vt .-tyl.' .f the Art, ami uh the -l in in r a-in:iMv' t rut?. If jvf KeJuced rates, ?1 75 per day.-'Ba 11KN1JY SPA UN, Prop'r. I ) w;K!i. Clerk. W. 2ti. 174. om. ; ; DR. J. LANTZ, SURGEON & MECHANICAL DENTIST. lia- hi uHii" 'i Main street, in this second atory ir WjIi iii buiMiuz. ncai'Iv opposite tlio v.'ui.Sar.' H-HK-. aii'i '' llators hiins'-If that by clh !'v'.-'r "'ii-tant prartioe and tho miwt earnest and ; '. ! all matt.'r pt:itainiin to his pro- ' I'" i f'll'y ," P 'rloiiii all oin-rati.iiK '."V -V; :it.-1 lino iii t lie iifot cartful and skillful mau- aM -iiti'in irivi-ti to savine tlio Xatiiral Tt-oth ; t ."tli-- ia-"r:iin 'f Ail ifioial Tooth on Itutih.-r, !mt. nr Coiiliniiiiii (Jinn-', and pt-rfift tits in all k iinw I ii ". crcat tuiiv aim .lan-iT oi -n- ;lr-ir w.irl : M th :1 iiifXjeririii-fd. or ! tlic liv April i:t, l7t. tf. D R. . C. sMH W, -.ti i t'i'it having ju-t r tiirnil fr"'ii I.-tit:il .. , i- l iily pri'p:triil t' mak; artifii-ial twtlt in ,-: i a iiifiil aii.i lif'-liku inaiiiH T. and to till 'w- .,.(). i-.Mplinf t t!i iiiot improv.'d tm-thiKl. Ii , ir.i ! -I 'viihout pain. m Ih-ii ih siriil, by the S ;;. i- "vid '.as. which i. utin-ly hanuli-s. ii . .if !'. lcind u,-a;lv do:i . All w.-rk araut.-d. .!,:.!. -. i .. !! rN new l.ri-k building. Main street, I'J. !A'i- T.l -71-tf. WILLIAM S. REES, Surveyor, Conveyancer and Seal Estate Agent. F:ras, Timber Lands and Toflrn FOR SALE. Lots uj -c m xt 1 iur n!ovc S. Kees' new Di'ixd ;ii d i-T !k-I'vt the Corner Store. Mar. li 1 7-;-tf. IV 1 1 0 V A R ! l'ATTKUSO X , ?ij3i:im, Sarjean and Accoucheur, I i ''i v an 1 iJfsitlonoc, M.ittt street, Stromls :rj. i'.i.. in ikr luiillinr l'ormerly oconjiied ir. i. J'roriit auertion ivcn to calls.. f 7 to 'J a. m. 'riirc h-mv - 1 " .'. p. m. I ; 44 ;s m. m. April lt l-74-lv. D rrmw, suruehx axd AiTorrflEin. in the nl'l nni.-e of Dr. A. lir-eves Jackson, f-;J-.'iicr, c.irner of Sarah and Franklin street. STPwOUDSBURG, PA. i JSEKiCAX eeoti:jl.. 4- t:,, . ! ri'ior woubl inform the public that i ii ttt .i '- .IM- ll-'lM'l Mi. In iio 'i.i-m'jli1 L- vt hv : nenli i" 'it. in tlie I'oroii h of Stron'l.-biirz, I'a., I -i'ivi:ii: rriKiinteil ami refiirnwhed the s3me. I rp'l t! cnti-rtuin all who ni tv natroiuze 4 ' -jn. ll n the auu of tlie rorietor, to li i rn -i-i i;u-ri.)r a':coinnivltions at moderate ratef ii Will jiare no tiain to promote the -oin--i i.ft'ie j-iests. A liberal tiiare of public !''"";.". M!iciteJ. V i.'7-J-tf. D. L. PISLK. Ik.. L i AUCTIONEER, d E:tat3 Agcat and Collector. 1 "vl r-U-:, ..l l,.w, l- av to notify th- public that I' "I'lin-il to m-J1 :,t ,hort notir ? ji.-rs.mal prop'-rty : iiii-li. wi-! a- fl.al JC'tatr, at public or private i Tii..'ii:i McunJ. IV old ior-' II ).--. tand, at VsM 17, 17I. 1 v. DENTISTRY. DR. HOMER PATTERSON 111 J. l'f the ofToo of Howard Patterson, M. f .mn rlv Dr. SeipV) Main ct., Stroml.-bnrg, bminln-r -Jitli to January M. X7", (ho Jlii former patients, Io others wish :,'T,tal Work Honp nre reonesteif to rail. 1' I roli J-au lung (Jas will be ready for cjtract- J'- Tlinpe indebted arc requested to Dec-. 10, '74. At. Hi 'KClyfueIlt HONESDALE, PA. , ' - r; "t contra! location of any Hotel in town. U. W. KIPLiO o: SON, . i iiu street. Proprietors. li.i. ly. D' Atloriii'j- at Iaxxy. ''' U ii- pioniptlv male. 1X74 i ' 1S74 jjovr roiu;irr - i!iiit7v4iiii M, you V?1 ""J' thing in the pumiture or '""iital lino that Md'artrA Sons in the , ia ' W Hall, .Main street, .Stroudsburg, ''istlic : place to get it. 1) 'm yVu-, -4"w tliat J. II. iry k Sous are the only Lrnhir Wiir Uv l,T"udburg -wh-MM4WfH4ids-thir lv If' nTt, attend a Puneraljuanage! 'J ' i er T'dertakeT-iB town, and you Uu:- Office. GOVERNOR'S MESSAGE. 7eitlrmci -of the 'Senate and House of The wondorftt! powers of -recuperation heretofure exhibited by the American peo ple in recovering from panic and misfor tune inspired the hope, twelve months ao, that the dawn of the -.present year would discover the country -released' from the distrust and effects of the financial panic of 1873. and inaugurate a period of confidence and prosperity. That this hope has not leen realized, is painfully manifest, when throughout 'the length and breadth of our own great State arc found furnaces chilled, factories still, mining shafts in process of decay, and myriads of unemployed men, with ho resources to provide fyr themselves and families against the rigors of the" winter that now .holds all nature in its cold embrace. We must not be uumiudful that distressing conjunctures, like the present, often brood a spirit of restlessness and discontent that ascribes to the existing government the ills that afilict society. It is therefore expected, in the presence of our depressed trade and languishing industries, that the efforts of those who are serving the public shall be directed to the practice of the most rigid economy. Lot us confirm these expecta tions by unusual diligence in the dispatch of the public business, a constant study of the general welfare, and the application of every hiatus in our power to reduce the burdens of the people, and with this view I recommend the closet scrutiny of every item of the appropriation bill. In this season of distress ik outlay uf money should be made except what is absolutely required for the ordinary. expenses; of the govern iueut and to make provision for the maintenance of those reformatory and charitable institutions with whose manage ment the Sftate is charged. Where misery would le entailed uj-on any human being or the interests of science suffer by with holding aid to other educational or charita ble ohjects. humanity and a sensj of public duty will approve of some assistance, but unless for thes-j or eoually imperative reasons it is my solemn conviction 'that no appropriation, should, be made for any institution other than those for which the people of the y!iole tate are responsible. riXAXCK. ni.'f statement of the finances here- Tbel with submitted is made to embrace the details of most fnterest, and J .invite your intention thereto with-a view to a more iutelli'jrent ;q 'prehension .f the discussion (hat f ,ll ws : ' " ih:kt r.;:;.i:r:i:!i. ru:lii fi-,:d y. ar . iidiur Xovt iiib. r r.D, 174: six p-Ti'.-nt. l-H-i '. 5j,;r.,n.v 0-r l iv.- p.-r ( -nt. 1. in 11 '.l,')'! o t htiih-rhiirc: iiiS. ati-s.. 2,r.:t ! H'-li-f :i.ii-.. ":! on loi..n-s!i..-. r.-litor' i-1-rtiti.-.iti-s l'j 67 Total 1 ,A"U, I SG 37 'ItrcriiTS. lliirin-T finl yoar i-ndiiij.- X.ivctnli'-r n , 174 : Halaut; in Trfasnry Novt-iii'it 1S7.5... ?!.8J"i.l."il 24 ii-.-cc-iiits.. ..... -Vs. 1,'"3 27 Total.... .: 7,T.7,nn "1 . iJiSiU iJSiiMKyT'. . Iiirin fiM-al ysir i-jidiu NowhiJht SO, la.74 : . flrditiary oxi'-ii.'s '?!.ri4i5,12- ;2 lyi.lllS nib'i-lll'l .- '.. 1.2:!'. t'i'i !K1 Inn-rot paid on loans l,t.-i,274 .'14 , . i':M2Ji7 S' I'-alan -i- in Tra-ury No 4n, 1-71 l,4,.Vil f.'i Six iK-rci-nt. lonu". tr.i,:21,":ai 00 Vive p.-r t-.-nl. loaiiM 41'.iii:;j:v"l 01 I'our ainl a liaif pr tfiit. loani f i,H W -r24,r.71si 01 r"Kr$ii:u pKtrr. i:-liif notr-t in circulation... fyl,l'J(J 00 liit.-ri-: c.-rtili'-aUM onliian- in 13,0t: i2 !nt'-r-st ffrtiticates un- cLiiiiiil - - 4.44S :n I..in -jUi: cmlitorf' wrtili- v ciit..... .. ' 2 0i lam ! K-riii rn c.-it iii cat. .- ..ut'lai.doiir... - s2,76: 28 ('hamuli ri-iir c.-rti;icatt.-s 'ini.-tidi.i--a.: 1 2(i:i fis : Mr...';i .in 24.5nv,",.T-i :t7 3,50,(MK) 00 Tuldic fli-l.t X.vciu'icr:W, ls71 . JJiiMW IS MX KINO "l"M. 1'hi'ii.I.s of Pennsylvania railroad company UoinN of All'Th.-ny Vylh-y railroad t orn-. Pny a. ...... a.iK!i,oo'i oo ... Dm ring the fiud yenx ending- Xovcmbev S73, the; receipts of. the .Treasury :3u, is anioutcd to S7,Ui.i i.i -l.. It- will, be ob served that in thepart year the revenues have scnsiblv diminishetl, and the receipts were only $3,871.!Mi8 -7-T This- diuiinution oi' $ 1.2'-1-1, 73 i was occasioned by the repeal, in 1HT3T of taxes on -gross .'reec-ipts of railroads, net earning of industrial and other corporations, and the tax on 'cr.ttle and fanning implements. It is wortliy of remark tliat thel reliefs afforded" by the rejxial of Che.se taxes was. mainly-, in the i.itert of corporations employing the the greatest number of working men. With this reduction of the, revenue, and with 'an increased expenditure'ef perhaps 8,300,000, jnale necessary by the new (ow-stiuaiou, in tlie additional outlay for schools, Legislature and jodicciy! it' is manifl'St that iho sever-t eeononi)'" iunst1c oVserved in. all the 'depart-, nients of lire govenimtnt.'a.nd ihe;'lproiHia tioDs -onsid 'lately .aii'l wnaly made, or the Suite will be unable to meet its ioblrgat ions uttder the existingrtax laws.---"' IJy the C'vihitUutioiu the-'fiT-e(jVt of tho sale' of piibTlc" works, and by act' 6r last session, tipiiroved 3Iay 0, 1.S74, tlio tax m the capital stack of "alt corporations were ussHicd to the. h'inking . Fund,4 which caii only be" applied to tlic-..payment, ot loans rc'dccmcjl and internet on th(j imhhc. deU. -The receitt3 frou other purees Wlong to the general revenue land, ani ; as an .the oirienditurcs of the fJoVernm -jit 'are ,'p:iv- i Jfo ( I io r cfj uj i) k' 1 ; ill h.e!earlyfHe;dniy of tjie 'Legist ure" to limit , the- approprw tion to tLe amount of this fund. ; r cc-.l IXDl-STltfAI.' ljnrCAXJllX" The report of the Superintendent of STROUJDSBURG, MONROE Common Schools, .wherein, the statistics of our euucationai system are presented with unusual "care, will enlist the profound study of those, interested in the mental and moral training of our youths. , . Convincing as these details are, of the elese relationship existing" between eilucation and the welfare of the State,' our people are still slow to adopt methods used in other countries and States, whereby the bounderies of instruc tion are extended, and knowledge imparted of a more useful and practical kind. ; Our common school system is now fixed upon a firm basis, and free education, assured to all who wish to avail 'themselves of its benefits, and in.piiry should," therefore, be directed to the discovery of the best plan to fit our children for the numerous vocations that are the outgrowth of the peculiar re sources and varied industries of the State.. Upon a survey of the agencies used in un folding these resources of Pennsylvania, it must bo confessed, the mechanical work necessary for their proper development, requires labor of the highest skill ; and if this survey extends over the vast and com plex system of her industries, how manifold are the places where practical, knowledge and handicraft are needed. - It is to our mineral wealth and manu factures we mainly owe our riches, power, and advantages we possess as a State, and in our mines, furnaces, forges, rolling mills, locomotive works, and thj myriads of factories, m herein her products-arc formed for use, trained hands and minds are always wanted. Can they, be found among our own people? Reasonable and just com plaint U made of- the want of skilled labor iu our midst, and the. constant , recourse had to foreign countries to supply . this pressing need. -.In our : great iron and other industries, and wherever skilled labor is required, the greatest number of those employed have acquired ; their ex perience in Europe, or the Eastern Suites. Is it not time for Pennsylvania to absolve herself from this' dependence, that imposes upon lnany'of'hor soils the condition of common laborers, at the bidding of overseers from without the State? In the future that awaits our great State, with her cxhaustless wealth, wherein' are all the elements of empire, shall her children be the hewers of Wood and the drawers of water, or shall they assume the position to which their birthright entitles them and direct and control her destiny? A very sm ill number of our boys'beceine artisans, and 3'ct it is a maxim of political economy that the measure of a State's productive ness is in proportion to the skill of its labor! We disburse in this Commonwealth ten millions of dollars annually to educate our ehildr en. and no one doubts the wisdom, policy, or necessity of this expenditure ; and of the children who complete their terms at her schools not one has any syeeial fitness for a trade or any acquirements that will enable them to compete, successfully with the skilled labor engaged, in many instances at high prices, iu extracting our mineral stores, or iu the conduct of the irroat ' industries that are the nride Jind chief support of the State. I. am persuaded the members of the present Legislature are interested in any design that concerns the honor and welfare of the State, and I appeal to your judgment whether the dictates of common sense and a proper appreciation of the true sources of our prosperity do not demand that some provision should be made for trainiug a portion of our children in a knowledge of the mechanic arts, aiid I beg leave to offer a few suggestions r.s the outlines of a plan to impart-' this "knowledge" which, upon examination, I lielieve to be feasible and applicable to our system of education. Let young nin in our common schools who ih-Mie to become mechanical 'entrineers or master mechanics, or acquire "a knowledge of some .particular branch of . mechanical industry, be transferred to" schools' where they can be taught the sciences that bear upon, and especially - mathematics in their relations to the trade they wish to learn. Lecture and draughting rooms should be provided and a workshop , funiisbecl'.with all the improved machinery, the f unier to be presided 'over by u .professor -of mcenaniwu .. engineering and the- latter carefully supervised by a. master. -mechanic. The time of the students could be divided between the schoolroom and the workshop, and the lessons taught iii the one be .re duced to . prat-tire in the other, -snd a knowledge obtained of the mechanic:! processes mude use xjf, from the simplest to the must completed work. Is there r.nv praetial obstacle to educating Jjoys . in r this manner so that they c:i:i calculate the sue and parts. of a machine, then draught and Snally.in.ike it with their own hands," if required y in Philadelphia t Pittsburg, and other large manufac! uiiig cities, where the lupins of acquiring, information of this kind are so ample, schools, such as I have, desci ih yd,' .might bo established without great xyje-t, a1id,whi're provision is made .therefor by tlie Toeal school hoavd, the State .should bo pledged to give theiii proper assistance. ' If a parent neglects OTe education of a child "j or seiiJsnnes.oemanus its CHiujiigs wucn the State affords the Hicilities for its instruc tion, can it be argued that t is "despotic or I destructive of the principles of free, jnstitu- lions to comjiel tne attenaaneo ot tnat clnM at School, and is it not. a duty which; the State owes, not to i the child filone, but to her own. safety.tuicsciio it ia-um the condi tion ofjife this .indifference, ivr gituxPjnay impose uponjt, and prepare it r nt .only; to be sel t'-si 1 1 si a ; 1 1 i 1 1 ;:T .but- a-."- gvd. c i t ize 1 1 as iTtll 7e' Alt Jgnoraut. inert are nut; paupers or criminals, but Ironi this cd the greatest portion of tl:o:-c who fill COUNTY, PA., JANUARY Imshouses and iails. ,Whcn. in certain our a sections of the United Stutes, you find only seven per cent, of the, people, above the age of ten . years who connot read and write, and discover, eighty per cent, of all' the crime chargeable to these sections is com mitted by this ignorant seven per cent. it will not do to deny' that ignorance has a most intimate relation to crime. The statistics of 'pauperism likewise show that the illiterate and ignorant crowd our poor houses, au l.a.-very small proportion of the inmates of these institutions have had any of the advantages of eilucation. Will it be said the' State has no interest in . the sup-' pression of an evil that is the prolific source of so much' misery and vice ? Crime and pauperism are burdens which the State has to bear, and to make use of every preventive of these evils is the dictate of good policy and humanity. There is, however, a more urgent reason why the. Suite should compel the education of all the children within her jurisdiction. It is patent to every observer that where there is an aggregation of the ignorant and criminal classes, the laws regulating suffrage are frequently violated. The most effective remedy for this pernicious evil is the school. It is the nursery of the good citizen ; regu lates his will and action by certain fixed principles, informs and disciplines his mind, and excites and fortifies his self-respect. Receiving his education at tho hands of' the State, the child learns to look upon her as his benefactor, and with the increase of his intelligence there is a corresponding growth in . his respect and vcucratioti for . the Com monwealth from whose beneficence he has so rich an offering. That man must be an ingrate, who, taught by the State and hav ing his uiind enriched by the stores from her bounty, will use the gifts thus bestowed in corrupting her counsels or undermine the'faith of her people iii the sanctity or efficiency of her laws. The lesson of the common- school is love of country and obedience to authority. Can the thno and attention of those entrusted with govern ment be employed upon a subject more vital to the interests of society than to secure the education of every child within the operation of its laws, .and I sincerely trust that front the wisdom of the Legisla ture will be evolved some plan that will at least gather the neglected children of the Commonwealth into institutions where, jointly with the contributions of charitable people, she can provide f jr their maintenance and instruction. . AVAt. SC1IOOT.. . T invite your attention to an act" of Con grcss. approved the 20th day" of June, 1874, under whose provisions a school should be established at' Philadelphia, for the instruc tion of 3-nuths in navigation. The import ance of a scho.ol of this kind cannot be over estimated, especially to a commercial city like Philedelphia, and the liberal offer of the National government will enable the instruction to be given" in a practical war turner a competent' superintendent, SOLDIEilS OUrilA.VS. The education and maintenace of the soldiers' orphans will continue to elicit your sympathy ami aid. No object should make a more successful appeal to our con sideration, than the condition of these unfortunate children, whose future will be shaped and usefulness largely determined by the instruction they receive from the State. A number of these orphans, dis tinguished by good' conduct and mental qualities that adapted them to the calling of teachers, have been transferred upon the expiration of their terms, from the Orphan to the Nurmal schools of the State, where they are being fitted for that useful occupa tion. What the State should do to obtain employment or , a means of livelihood for the residue' of these children who are in need of assistance, is a matter, I feel assured. you will not think unworthy of attention. - . CKNTENXIAL.-.- " ; , As the time approaches for the Centen nial Celebration of the Nation's 'Indepen dence, a broader and more generous sym pathy -;with its objects j .apparent, . while a more general disposition is shown to make the exhibition on that-occasion, not only a faithful, .representation of our various natural , and industrial - resources, but , to manifest as well, that 'when the Nation's p ride," dignity or honor are concerned, the American people move" with"' a common impulse and have uncommon interest.' It has been conceded from, its inception, that the exhibition inust have the sanction and authority of all the States, if it'woul J be clot bed fwifh the - character of a 'national enterprise, and the number of" the Slates that have 'already enlisted in the cause, discloses the prevalence of. this opinion and the desire - tor.- hoarmony and unity ,-of action. , f he CYntenniaJ must be construct ed out of .materials., futui lurcl from the whole Uuion, or beauty" .will be marred und I its sy ni ihVtcry destr y ed . , ,-.We owe it to ourselves, humanity and liberty to demon- strate'that the full development of a coun try and its resources, the- education of the . .. .. .... ..... . - m-.'sse." the . 1 .rc-i In I, .1- sc. achievements ot abrtuVlant " fruits of SClOim; the "most industry; the blessings "of religion, and the amplest protection to life and projierty can all be secured by, ami are consistent with the largest sh.u-o of freedom to- m;uL .Wo are to show that what the combined wisdom of ages ami all riations .4mleuvoretl . and failed to obtain, a system of government niiitlnj ,under its authority forty ..' minions of fipe r.eopler with no other, restraints than tlxWim'posed by their owirSvill, has hiid a trial of one hundred "yearsy a-century erowded with triumphs in peace -and-war, and unexampled for the pvo-.vess anil j development of thotc art that are uje-fu! 14, 1875. and help adorn human nature. " Is not, therefore, the interest, pride and patriotism of every American engaged to make the Centennial in its proportions and grandeur, a true reflex of the intelligence, genius aud habits of our people, the magnitude of our resources and the benefits of our institu tions? This is the scope and intention of the celebration, and if we mistake not, the sentiments of the people of the country, every State . and Territory will be re presented iu the exhibition iu the manner that will best display its wealth, industries and characteristics, and with the more com prehensive" view of making the Centennial truly national and American." Tliat the products of foreign countries will lie largely represented,' is assured by the number and character of the nations that have signithnl their: intention r to , contribute, . and the liberal appropriations they have made to provide for suitable : display. There has been uo abatement of zeal in the efforts of the gentlemen iu charge of this National undertaking, nor any cessation in their labors to diffuse a proper understanding of its purposes and uses. No apprehension of failure has ever seized them, neither have they '. been disarmed by unfriendly, aud at times unjust criticism, nor deluded by plausible suggestions that might have turned them aside from the supreme ob ject for which they have striven. To their talents, dignity of character and untiring energy, the country will be indebted for a large measure of the success of the Centen nial, and in what remains for them to do, these qualities should brinish distrust and command for them confidence and support. The work upon the buildings intended f jr the exhibition, is progressing rapidly, and the structure in its architecture and pro portions will be a credit to the nation. The spe.ee to be allowed has been carefully al lotted. to each country, and ample provision made that the articles exhibited will be properly and fully displayed, while every facility will be afforded for the examination of our own products. Philadelphia is enlarging her accommodations for the enter tainment of guests, the neighboring cities afford innumerable opportunities of a like kind, the extensive park where the Centen ni'.d b'vldmgs arc located, is every day adding to its natural beauty, with the con tributions of art with which public and j private liberality is adorning its avenue-:, and the welcome accorded those who attend the exhibition, will be in keeping with the traditional hospitality of the people of Pennsylvania, and we trust will reflect honor upon the whole nation. . . lXSL'KAXCK. The necessity of an Insurance Depart ment, and its utility, have been clearly shown, since its creation, bv the discovery of a number of .unsafe and insolvent com panies that were 'doing business m this State, one of which resorted r.ot only to fraud but to the crime of fbrgery to deceive the public. The published assets of these companies, in some instances, amounting to hundreds of thousands of dollars, . upon examination melted away to worthless securities, tho very possession of which was a convincing proof of an intention to practice fraud. The protection . of suuud companies, the., retention at home of the capital invested in insurance, the interests of the insured, and the honor of the State, alike demand the exposure of these fraudulent companies and the enactment of a general law so st ringent in its regulations that it will be impossible t r adventurers, under the cloak of an insurance company, to rob the public. Every facility for the detection, of imposture should be aflorded those charged with the examination of these companies. The immense interests involved iu this business of insurance are entitled to the utmost protection the State can extend to them, and its' inquiries should be so thorough that no form of deception can elude its scrutiny. A "more compre hensive lav.', also, for the -incorporation of insurance companies should be passed and made to embrace all classes of insurance, an I. no company should be allowed to organize, or exist, did not give the amplest guarantee? of solvency and good faith. Till'. NKW CONS'! ITl'TIOX One' of the encouraging signs of the times is the growing disposition on the part of citizens to give more serious attention to the - science of government and measures tbr the purification iif the channels of administration aud law. The most pregnant mischief, however, of our, political system, and for-, which , inv remedy has yet . been found, is t!hj disinclination of men of (haracter nud influence, to devote a small portion of tluir time to educating a correct public sentiment, and to the election of men for oth-e who will fitly represent that sentiment: Tt is considered one of the first advantages we pi;s.s '-under our form of government to Ik ' permitted to tote for those who -are to make and administer our laws. - If compelled by any arbitrary power to surrender this privilege Wo would do so only with tiu iv lives, yet how many citizens discharge tins most important duty with as ,nuc'b indifference and as little investigation as to the merits-of the candidates as th?y meet t!ve ordinary rcniietneiUs of their daily lite. ; This unconcern -begat a brood of distempers "whose malign influence "'years ago reached the dearest franchises of th pocple td'.this State. 1 It became! evident that Feform- must bo h id in many of the functions of government in some places authority was stained and in others needed support abuses iu legislation had growu intolerant ; the will "of individuals aud localities "was enacted into lar : corporations that were the creatures of the : State became" niore' iowerlul than their creator, and cities, through srea io! bgLLitlve -rrants wereruL J j NO. 33. by the few to the detriment of the many. To correct these evils the people demanded a change that would be radical, and the New Constitution was made to embody the reforms. ; Special legislation bequeathed to the State a legacy of wrongs that have been fruitful of injustice, - and some , of, whose injurious effects upon the peace and pros perity of the Commonwealth will be jer petuated to posterity, and if the New Consti-" tution had no other merit than to confine this kind of legislation to its proper limits, it would secure the allegiance- and duty of our citizens-.- The ready aerpiiesence vf our people hi accepting the provisions of the New Constitution, and the absence of all contest on the part of corporations, manv of whom were jealous of its restrictions, are a gratifying illustration of .loyalty to the best interests, of the .State. ; ,.The pubh'-r sentiment that demanded, and obtained these reforms must how. take care that new or worse disorders do not creep into our political system. Afew suggestions will be pardoned con cerning anther habit of our citizens which, I fear, will banish integrity from office, Unless corrcted. Every well organized government very projvrly provides against betrayal of trusts, or abuse of jHwer by its Representatives, The public has a right to expect honest v, diligence and a conscientious discliure of duty from those whom it distinguishes bv election or appointment, but on the contrary, arc not its servants when they fulfill thos ? essentials, entitled to confidence a'nd protec tion from detraction aud abuse. Men of character shrink from contact with public employment, because it involves suspicion, nrstru t and slander. To purity office, we must dignify- not degrade it.- Jepect for law will not be increased b-' holding up those who administer it to public contempt. The propriety and justice. of official acts shold be examined with more candor, and honost jvople ought not to take their opinions on trust, but .fairly and dispas sionately investgate for themselves, (ioed citizenship requires that we should scrutenize closjly the antecedents, character and fitness of candidates for ofhee, and if they posses? the. necessary qualifications, and are elected, it alike exacts of us that w.r should give them a constant and trustful support while in the public service. 3AXKS, SAVIXUS KUXLs AXD Tltl ST ro.M- r.vxir.s. We have in. the State one hi--dred and hinety-uimv National . banks,, whose capital is abJut 52,01)0,000 ; and" one hundred and seventeen State banks and savings institutions, whose capital actually paid in, as per Auditor General's report of 1874, was S3,370.1o"S S3, hi aH three hundred and sixteen banks add .savings institutions, with an aggregate capital of $?GO,OMU)0O. For the proper regulation of National banks-we are dependent upon the National government. For the regulation of State banks, savings funds and trust eompadies the State government is responsible to its people, aud as it is probable a bill for the enactment of a general law, in compliance, with the provisions of the new Constitution, fin- the organization of banks, may come be fore you at this session, I invite your special consideration thereto. In my last annual message I called attention the the viciou practice that had grown up in the State, of incorporating banks, savings and tru-t companies without fixing proper and .defi nite limitations to their powers and privi leges and providing for their enforcement. In the enactment of a general law, whereby they can be organized with limit, it is of the highest importance to the business interests of the people, and the material development of the State, that their powers and privileges be clearly defined, and any violation thereof should subject them to proper pcualties or the forfeiture of their charters. The charters of these State lunvks- s! institutions were mostly granted within the past few years, and many of them possess powers and privileges which should never have been" conferred. The Auditor General's report of '187-1. shows they had over"" S23,0'M.f)00 " of depots. Seine of them are averaging 810, 20, , 0 and 840 of deposits for each dollar of capital stock paid in ; dejiernling, in some instances, almost entirely iipn their deposits for banking facilities. These are obtained bv offering usually six per cent." interest, and loaned back to the community in which they ave borrowed at higher rates of interest . The.: Uinks and savings institutions act as .'middlemen" between the lender and the borrower, resulting iu ,the rates of interest advancing wherever thev are established. That these kinks and institu tions, with rare exceptions, charge interest greatly in excess of legal rates is notorious; that excessive rates of interest enrich the few and inpoverish the many; is' oqauHy undeniable, and the public welfare demands that a jiolicy so inpu ions should bo avoided. The large majority of these State institu tions are styled Savings IJ-uuks; with few exceptions, their lvsomlJahec: to properly regulatod savings banks esi.Nt only in name.. Savings hank.v - ,iiporiy organized, are maiuigvHl J'ov tl bcuoUt of their depositor.- -the nature of their invest me nt.s prescribed by law, and the ue of their deposits for general discounting purposes, usually pro-hibitod.-. Institutions of the latter character are highly beneticia and should not be confounded with those who seek doiHKsits; for general discounting and banking pur poses, and might lie more properlv designated as banks of deposit and dis count. Banks olv discount-should le pro hibited from. aying interest on . deposit. The authority to borrow, tliat they may Continued uh Senun! rre.
Significant historical Pennsylvania newspapers