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JOHN H* CHRISTY,) EDITOR. ) biwj'&b if© sssi|§> as© ©ssssaiL UtttVIRSUY OF GEORGIA UBRARF { Tl ® ££ A#iS IiEW SERIES—VOL. III., NO. 20. ATHENS, THURSDAY, NOVEMBER 15, 1849. VOLUME ivn. NUMBER 32 J l Stlnhl 3pnrirn- Poor fool, On bis three-legged stool; The cold wind wns high And his cold fire low, And closer be crouched With s sorrowful Oh!” A* silently o’er it" And hade him adieu! And sad iva* his mnsing That night on his stool, IW f«sl! *■" ' T On his three-legged stool. The snow was descending, lie heard now and then, And still now and then, A little flake’s foot Stepping spitefully on The few coals as though It wished them all gone! Teas so like the voices Of triumph and scorn, Coining angraily down On the meek and forlorn! Ar.d sad was his musing, That night on his stool. Poor fool! On his three-legged stool. His garret was open And through the cracks walked And talked, Through every crack walked The cold cruel winds. That seemed with a hiss And a laugh to cry out Hero he is I Here he Is! Yet thought he not so much Of cold winds and snows, ■ icy charity That night on his stool, Poor fool! On his three-legged stool. In sickness and sorrow He suflered alone, Unknown, He bore a!l alone, And oltcn he turned On his pillow to lean His thin levered check Where the tears hadn't been! Bat ah it was dampened So thoroughly o’er, At last he lay quiet And wonted no more! And sad was his musing That night on his stool. Poor fool! On bis three-legged stool. His sweet songs had moved them, Moved millions to tears, Through years, To joy and to tears, B«l thsrc i«.hta ganrt —• . So cheerless and dim None ever came near To shed one for him; AH coldly they passed him ^ To sneer and reprove. For he had no money And they had no love! And sod was his musing That night on hia stool, Poor fool! On his three-legged stool. Yet still he continued To tune his great heart, Apart To tune his great heart In unison with The solemn, sad roar That ever comes up From time's sounding shore— To brood over nightly. Brood over each morrow, Each poor brother’s measure Of sadness and sorrow, And sod was his musing, That night on his stool. But to preserve this liberty, learning should not be permitted to languish by neglect. The power that achieves lib erty is necessary to preserve it. Let then every arm be stretched forth But their blind, yet honest zeal, is par donable, and their destruction of life but limited, compared with the pyra mids of bloody oblations which civilized offer at the shrine of national GOVERNOR’S MESSAGE. fully contribute his quota. Place yo to guard our liberty by diffusing the bition, avarice and revenge.—Richmond blessing of education. Let knowledge— i Republican, an emanation from tb. DiMy—illumine | i; IIra<ullo „ ^ nnnfariaa' Be the humble dwelling of the poor, as well: msecs a, the halls of the neb. Untiloor free An atirac.ive chapie'r in the romance mamuLons shall be so firtn’y Used, that „ fWslo wa5 ni , e !, whea lhe Sullan of .he shocks of European revolunons, lhe . Turkev ' receded P from his hcroic lurnioils of nations—aoi even he chong-, maialai al a „ hazar<l , be ' ri of mg hand of time shall be able to move ; ,„ 13pilaI ; ly towarJs hi3 invited guests, their firm basts. 1 il,j refugee patriots «f Hungvy. . Vhe process,' by tvhickg^ their firm basis. .-.j Until our free £nd enlightened land shall stand as a beacon light to gjide darkened nations into the path of true and perfect liberty. The HIcii to make a Stale. The following are the concluding pas sages of an address by Bishop Doane before the trustees, teachers and stu dents of Burlington College on the last anniversary ofNalional Independence “ And for the marks of men lhat are to make a State. I sec them in the inge nuous hoy. He looks right at you, with a clear, calm eye. . The glow that man tles on his cheek is of no kin with shame ; it is but virtue’s color, spread ing from his heart. You know that boy in absence ns in presence. The dark ness is not dark to him ; for God’s eye lightens it.. He is more prompt to own thunio do a wrong and readier for amendment than for either. There is nothing possible, for which you may not count on him ; and nothing good, that is not possible to him and Cod. * I sec them in the tamest boy. His heart is all a throb, in all his hand would do. His keen eye fixes on the page of Homer, or of Plato, and never wavers, till it sees right through it, and , , „„ . , , ...... has stored its treasures in the light of da J* b * r ? ,s a . lru ^ ierolc sublimity his dear mind. His foot has wings for ,n lhe d,8da,n Wl,h be re J cc . ,s J he every errand of benevolence or merev. I P r °P°s ,l ion to save his life by abjuring And when you see the bounding ball I l,ie fa, , lb °[ }" s FaU,ers ; He is one of flv highest, and fall farthest from j n . aturc 8 " ob,c . me n. '" "horn the crown the stand, and hear the ' ringin* ! ol martyrdom is preferable to security shout that is the signal of its triumph, j a,K \ rank and wea,lb purchased by you may be sure that it was his strong a P° slac y* arm that gave the ball that blow. “ T “ moraI grandeur makes the mighty ir. them in the reterential boy. Ho! Will the eloquent appeal addressed sits where elders stand. His : b Y through Lord Palmerston bead is never covered when superiors j English nation anil to the Christian pass; or when his mother’s sex is by. I wor,d prove uunvaili ng? We trust fo He owns in. every house, at every bouri ' b ® honor of human nature that not 1848. The act of the 22d Deer. lS43j last years, will be found to be also tr having provided a fund for the dis- of the two previous years. I tax act upon ibe plain principles nt charge ot the Reid, Irving. & Co., debt This comparison is not invited with equality of burdens and equality ol hen- only, and not a permanent sinking fund, the remotest view of reflecting upon the j efits, find the people will sustain you. the inquiry naturally arose, at the close ! capacity or integrity of the Officers in j Viewing as an evil of no ordinay mtig- of the last year, as to what application j charge of the Treasury at the periods j nitude the present system of specific should be made ol a balance, which, it 1 , referred to; but my object is higher—taxation, with odious discriminations in was then ascertained would be in | it is to shew first, that the fault is not j reference to properly and persons, I The simple machinery of our form of lbe Treasury, at the close of the; with the officer at the head of the Trea- feel it to be an imperative duty, most Government, by the operation of which P reseiu y car - Believin S 10 •><= my:sury, but with our whole system for respectfully hut earnestly, to urge upon this responsible trust is confided, is not i du 'y» no1 lo Permit a large sum of the , collecting revenue ; and that as long as you its repeat and the adoption of an lobe appreciated more for the' power! P ubbc mone y lo remain »*> lbe Treasury, lit is maintained, results are, and will advalorem tax. and confidence conlerred.upon you, then ! ,<l ! e a , m ! unproductive, and being sus- j continue to he, exposed lo great fluctu- ln „|r e ring some <,f the reasons that for the quiet and alnaftffiljigpreceptible j ^ lac ^_. a ^.^ bl3 v . ,e ' v *, b yjbe^Fmancml; at ions;, and,^ secondly,^ to expose the should induce the change, I would EXECUTIVE DEPARTMENT,) Mn.LEDGEVH.tE, Nov. 6,1849.) Fellotc-cUizens of the Senate, and of the House of Representatives As the Representatives of the people you have convened to perform impor lant public duties^ Taylorsville, Ky. Poor fool! On his three-legged stool. C. W. A. spirit of a high-toned and generous hos pitality seemed to have prompted the invitation, such as was worthy the days of Saladin. Had the Sultan maintained the lofty and sacred ground assumed, even at the hazard of an open rupture with Russia, the holiest sympathies of the world would have been with him. In the event of a war ensuing, the most gallant spirits of Christendom would have flocked to his standard. The old Saracen blood would have been stirred tip to its loftiest impulses of enthusiasm, for the maintenance of the instinctive virtue of hospitality, which has the sacredncss of a religious sanction among that people. Every good Musselman would have glo ried in fighting in a cause which would be sanctioned by the spirit of the Holy Prophet. Death, in such a cause would seem to be a passport to lhe devout fol lower to a blessed home in a Paradise of Houris. But the Sullan has displayed the spir it of a craven, or the spirit of a narrow mined bigot, or both, and has suptradd- ed perfidy and falsehood to cowardice and intolerance. Read the eloquent letter of the noble patriot Kossuth to Lord Palmerston, which we publish to motion j Committee appointed at the close of the i unreliable data, upon which, l felt it to be j )C understood those who' lately occupied the pieces’I liscal 3' c ' ,r 1S4S , 1 ad "P r cd lhe sugges-; toy duty lo reject the lax act ol the Inst n ,h ara that u -il you now fill, have been disrobed of au thority. u , for the 351 52 was the total available balance ill not be unmindful that •• wisdom, scle,Jlum " f tl .‘ es0 ■“ iwelcrence to other ! of the Treasury at the close of the pre justice, and moderation” should be your se cunties,Imightmeniton tlmla most ad- |_senl financial year; from tins sum, are guides and the mark of your highest ! v , a "!?8. a ™ s contract had been made by $2o, 173 21 of “ndrownappropriations, ambition. The operations of the Government : run h d - de Company, <>l' Great Brilam, collected, and 88,026 uO dtvtdeods on since the adjournment of the last Gen- ,,ir dellver y >n bavannah of the iron no- j “ Education Fund, to he deducted, eral Assembly, it is made my duty cessary to the completion ol the rail- leaving a surplus, at the close of'the fis- lay before you. Io detailing the lows-1 ' ya ? - The iron to the value of 875,000, cal year just ended, of 817,534 51. Of actions ol a period of two years, it will! Dadar llie arrangement, was pledged lo the undrawn appropriations, u wproba- not be remarkable if I should fail lo im- i 1 ^tute, making it her property at a hie that S3,OOOw,II revert totheTrea- jiart to you lho interest felt by mvself l! nce bclow "» roar,iet value at that; sury—making tile actual surplus ahuul regarding sligbllv II rent lily suggest t hern ia worthy of considera- lopred the suggea-! my duly to reject the tax act ot the last others lhat non contained in their report, herewith ! session, among other reasons, because <s C i vcs to transmitted, and redeemed of the bonds of its apparent insufficiency to raise |j on muc h less will the limit I Imv In” your deliberations ns to the best! issued under r U ‘ c ac ' °‘ l84 J lbc adequate income to meet all charges 1 c ; cribe(i fnr mV3e , f( ^ rmh me ^ means of directing aright the destiny of 5L OI ? | Pj, ello l n tbe We stern & Atlantic upon the Trcasur}’. all I could desire on this important growing State, of developing its re-! ^ a ! ® oa< • ,b ® sum of S7o,000. It will be seen that the sum of 8G7,- q UOSl ; on . n :ueh is, therefore, confided •ces, and elevating its character, you ; _ 8 a J vir * al1 lb ? ,n ” u ^ ctnenl for the 351 52^was the ^ ,a ^ av ’ ;u ' ab ‘® a _ n _ ce j to the calm deliberation and patient in vestigation ot the representatives cho sen by the People, in guarding and the Rail Road contractors with the Coal- $15,199 30 of the tax for the year 1S50 m some of the ma^ny subjects that will be submitted to your consideration ; or, if in the attempt to do so, 1 should be ljudge.l as tresspassing upon the Jim- time, as an additional security. In any $20,534 50—subject to any future ap- event the interest of the Slate was propriations the Legislature may make, abundantly protected, and by it the It is not believed that a higher rate o completion of the Road will be accom- tax will be required, if the present sys- j it'spiejcri'becV hy'good ‘'taX," fhr“ com- p li3he . d al aa . ca,licr , da >' ,l,an , V oold ,e,n is continue,I ; nor Jo I fuel nl liber- mni in-iM/ma ni* ikie i have been an«icipated without this os- ty lo recommend any reduction. 1ms • It will be’scon by reference to the ! ? Ulance - The step is also deemed Je- must depend, in n great measure, upon last message ol my predecessor, that the public debt at that time was $1,- 579,875 GO. (This sum exceeded the true amount as has since been ascer tained, $1,000.) At the session of 1847, $375,000 00 were appropriated for the completion of the Western and Atlantic Rail Road, and $22,222 22 for the pay ment of the claim of Peter Trezevant—- making the entire public debt and the liabilities incurred by the acts of 1847 $1,970,097 82 on the 1st day of Janua ry 1S48. The Bonds directed to be issued for the completion of the W. & A. R. Road and for the payment of the claim of Pe ter Trezevant, were prepared with as little delay as possible; the former were placed in the hands of the Chief Engineer, from time iVfftie, of prayer, a present God. Ingcnuous t I England—not Trance alo ie, but all w earnest, reterential boys; these are 0 Ur ‘ Christendom will rise up en tnasse and plied to the constiuction of the railway- marks of men to make a State. I protest against the contemplated outrage j from Dalton to Chattanooga, and the —-— ■. j of the Russian tyrant. It would he a j latter paid over to the Agent of Treze- The Umbrella. j disgrace upon this enlightened age i vant in discharge of Ids claim against It may not be known lo oiir young! lo abow lbe doctrine to be enforced by ‘ the State. In addition to the Bond _ BisrrllaHq. I'ltncaiiou and Liberty so baud in hand. When the dark ages covered Europe with a midnight gloom, Init. few persons had the benefit of education, and those few were Priests and Monks. What was the consequence ? Brute force wad the principle upon which govern ments were established. The stronger ruled, and that rule was one of tyranny. In the History of those times, the only history of a happy government was when the monarch was educated. Upon the first dauning of the light of science upon mankind, the light of lib erty began to shine. .. • It was then discovered that when men were intelligent, there was less need of -force in governing them ; and knowledge and right reason were more powerful than the arm of tyranny. Men learned to reason on. their rights, and to question the opinion that might and birth gave right to government, and to discover that Kings held power for their own aggrandizement and not for thedrerfefit of the people. IjRbe light ,of education in England caused the people to think and act for themselves, to resist the encroachments of power-^-and Charles jbe first to lose his bead. The seeds of that light were cast on our shores, and when the Pilgrim ,Fa- fhers landed on the Plymouth rock a grain of mustard'seed was sown “ u ' i now fills the land.'*" readers, that the umbrella, an article of an F P°' ver . 'hat nne nation shall give up ! ferred to. before the close of the lasl such universal use and value, is an in- re<u g ees for political offences, who seek ; session ot the General Assembly, it vent ion almost of our own times. Gen- lhe protection of her flag. | was found necessary to make provision era! Wolf, (then Lieutenant-Colonel,) As for the associates in exile of the ; for the discharge of sundry obligations, who was killed al Quebec, wrilino from highsouled Kossuth, who have yielded to entered into by Gov. Crawford and the Paris lo a friend in London, in°1752, | ll,e temptation uf the moment, and ab- " said, •• the people hero use umbrellas J ured ' lie,r lall h. they will fora time he in hot weather, to defend them from the ‘ he theme of obloquy, and then be sun, and something of the kind to secure , ^ ood b,r 0 blivi°n. 1 bey are not com- them from the snow and rain. I won- j P oscd ,be sluflr which makes heroes der a practice so useful is not introduc- ■ ** >r nations aud for history. Their pal ed in England, (where there are such j riotisrn and their courage are but in frequent showers.) and especially j n ! stincts without the groundwork ofprinci- the country where they can be expand- I I de » an ^ as fo f religion they get through ed without any inconvenience.”—j the world with a very small stock.— Southey, the English poet» says that his j ^ b? y are 'be Dugald Dalgettys, who mother whose memory extended ! b gbl where they get the best pay. and back to 17G0, remembered the time lbeir consciences are in as quiet repose when any person would have been hoot- ] beneath the turban and tunic of the ed for carrying an umbrella in Bristol. \ Musselman as beneath the helmet and Wo once saw a picture of Washington, j lbe cu > r nss. To them the Crescent and while on a surveying expedition about! ^ ross « are emblems alike destitute of 1748, carrying, an umbrella over his 1 P°° lr y» of fai,b . and ° r religious asr~ ! bead. The artist was not guilty of] al»on.—Constitutionalist quite so glaring an anachronism as the who painted the Israelites gatherin, manna in the wilderness, with blunder busses in their hands. Fruits of War. We noticed lately the session of a Peace Congress in Paris. We see by Tbc Bloom of Age. A good woman never grows old.— Years may pass over her head, but 4 if benevolence and virtue dwell in her heart, she is as cheerful as when her spring of life first opened to her view. When we look upon a good woman, we never think of her age.: she looks a letter of one of the American delegates n f ver . ll,,nk l,c '' a o e : she looks as that Emile de Girardin, Editor of La I '■■J ,ar ming as when the rose nfynulhjusl Presse, a paper which is said to have the , b ‘ ooai ed on her cheek. 1 lie rose has largest circulation of any journal in Eu- | ”° l ‘ ade ., . ll '' d "® vcr [ ado * J n rope, has commenced the discussion of , ier ain, *.V sl» e is the life and delight, the subject, and hails with hts best wish-1 Io 'f r neighborhood she is the friend cs the cause of uiiiyersal peace. The I and benehictor. In the church the de following fuels, from the powerful col- v . oul w n'’Sh'PP erat,d tbecxemplarychris- umns of La Presse, are appalling. Says , ! an * bo does n ° l aspect and lovi its able editor: 44 The arrnv of 1813 was i lhe w '»np n t wh o has passed her days n ble on the ground, that bonds at 7 the appropriations, ordinary and extra- per cent, interest, amounting to mote [ ordinary, ol the present session, and the than six hundred thousand dollars, for sum that may, finally, be established by the relief of the Central Bank and the ' law as an annual sinking fund—a mea- redempticn of the hypothecated bonds' sure that should claim your early at- already referred to, had been thrown , tenlion. upon the market, and were preferred se- l , The public debt is now, $1,828,472 curities by purchasers—and conse- j 22. Of this sum, less than $23,000 are quenlly expelled the six per cent Rail' payable in January 1S5S, and $10,000 Road bonds, or forced the holders to inJulylS53. The balance of our bonds submit to a reduction equivalent to the j are payable from 18G3 to 1874—inak- iliflerence of interest in the two secu rities. This inequality in the value of the bonds, produced by the different rates of interest, was embarrassing, and threatened serious delay in the comple tion of the Road ; it was, however, in measure, overcome by the policy lg the entire public debt redeemable i twenty-five years. To provide a sinking fund for this ob- prolccting their interests in respect this as well as other subjects. Two considerations, in the adoption of a sys tem of finance, should be kept promi nently in view; first the certainly of obtaining the requisite amount to meet all the exigencies of Gov'ernment and no .more,—and secondly, so to equalize and discriminate, if you please between the different objects of taxation as to make the available or productive property.of the Slate bear its equal and just pro portion of the burdens of Government. Upon the first branch oft he subject, it may be safely assumed that the in come from taxes, under the present sys tem, cannot be estimated with certainty, or an approach lo it. The truth of this position is fully shewn l»y reference to the amount of in come received under the present lax act for the last several years. Although the amount received has increased an nually, it is apparent that causes not re mote or improbable in their occurrence, may intervene, varying the income to an amount not anticipated, and bringing in its train disasters highly prejudicial, bsolutcly ruinous to State credit.' and individuals, secured by the hy pothecation of the State’s G per cent. Bonds, amounting lo the aggregate sum of $183,500 00. This class of bonds was made to draw interest at the rate of 7 per cent, per annum. From the neat style in which they were gotten up, the facilities extended to the holders in collecting the interest, as it falls due, at convenient coin mere dilional value was imparled to thesi securities, that enabled tne to effect a satisfactory itrangeinent with this class of the public creditors, by the substi tution of ihe new issue of 7 per cents, for the hypothecated bonds of an equal amount, an«l also to redeem the obliga tions of the late Governor and Chief Engineer, although in a lew instances, past due. In consummating this arrangement, it is gratifying to state, that no addition al burden was imposed upon the Treas ury, except the small expense incurred preparing the bonds, conducting the , and the difference beiw penses r iect, in eqoal annual instalments, would If J' oar expenditure* nrc l> a s«l upon require less than S74.000. an y S'™n amount of income, under the If the balance of the debt contracted ! P re6c,d ,,,0,lc leyy.n S and collecting for the extension of the Western an ,|:' axP *S y°u must take the hnzaid ola re adopted, and the necessary funds to \ Atlantic Rail road, of $300,000 be de-|. nda,u »f p u3urv, which is grossly un prosecute t ho • work of extension, were ! ducted in your csiim»*% you. should r J'\ s ' to '! ,e 1 po P'9« or obtained. j then make provision for one million and ! s,,d a,orc perilous hazard ot tailing to Serious inconvenience results to the! a half, in round numbers, and conse- j P rov,dea ndequate to meet the just holders of our State securities issued 1 quenlly reduce your sinking fund to ;, ema ,® u P? n ,bc I reasur y* It may previous to the year 1S4S,—from the | $60,000 per annum. j be no difficult matter to ascertain the necessity imposed of having to present j This amount at least should be pro-j a ^ ,ou “ l meel 'he currentex- them at the board of the Treasury, for'vided by law as a permanent annual the coupons to be detached in the pres- 1 sinking fund; and in addition, it is re- ence of the Treasurer, before payment j commended that authority be given to is had, or to obtain the signature of that | apply to the same object any surplus officer on the back or each coupon pay-! lhat may be in the Treasury at the clos< i...„ nui.fp , .1 \\t e * n table during his term of office. The of each fiscal year. I? /I t\1 nc ^ r .° .‘, 1C *. Tl * | sole object of this requirement was to By the adoption of the policy sug Road, (Mr. Garnet,,) wait certamBonkx preve[ J frauds upon \ e Trea3tlry . Ir gcst a lha j, u Llic debt can be fully rill- it could be relied on above all other I charged at or before the respective means for this object, it might be de- j nods at which our bonds fall due, by a fended with propriety; but this is not process certain to sustain the par valu believed to be the rase. It is thought that the plan adopted, i bonds during the last arid present years, of having, the coupons signed, bered, and dated, and a correct register , , j of the same kept, is the most reliable points, an a ” i mode of detecting any imposition that may be attempted on the Treasury. No good reason is seen why all of our bondholders should not be placed on the , same footing ; and certainly our earfy creditors are entitled to as high consideration, and should have as many facilities afforded them for collecting their interest, as those of a later period. As an additional reason, it may well be considered whether the obtaining of a register of all the bonds issued by the Slate, which is not now the case, would not justify the expense and labor of pre paring new bonds, to be substituted in the place of the old ones. The subject is commended lo vour favorable consid- negotiat literate of interest of the bonds by-: era t ion. polhecated and the issue substituted un- ‘ T iie Reports for the financial years, der the act of 1S47. Under an act, 18 4S and 1849, of the Treasurer and n l I* 16 ! n* 8e f 3 ‘ oa * f or ^ ho re,lef Comptroller General, are herewith « ,»> .nir.i n.,,1, i ,i „ sniitted. By law it Is made the of our securities, and by imposing upon the people a burden so light as to pro-j j- ;ement in business trans- ' 1 intent in the public going statement nc for the ultima! account of the Gent duce nodern actions or disc In the fori male is made of the State o the Stale, but none would liliood to assert what is to be the income from specific taxation un der the present act, or any other based upon the same principle. From the very nature of the properly assessed, the fluctuations in its value, the elastici ty of conscience, or change of opinion, as oficn exhibted in regard to the quali ties of real esiale, a degree of uncer tainly and doubt must ever attend lbe present mode of raising revenue. The 1 of the present system does not sfiip *e, but is fell by the State in cv£y ( . business transaction ; we have a public j* j debt, small it is true compared with ^lir liability ' al ! amlan ' rc i' ,arccs and l . l,e lino "j" S’"" 1 - -J : faith of the Stale, yet it is not to be dis- Bunk—which, though not yet tweer- lh« oipUalI««.i»*coking i«v«t- tained, it is believed will not fall short : ,na '" 3 ."' Stale- Mcumie*,- scrutiny', of 8200,000—and for the payment ofthi* i ' v,lh vl S llanl aa <l fentchmg minuteness, amount, when it becomes duo, provision cver Y t ! a . ,are I °V, lbe ? nanc,i . S J S{C, ?‘ should now ho made. j u P oa ' vlaal ' ,ho P' ale lh , ra "' i " s sec . arl ' Among the interesting subjects lhat j ! ICS " lla, !' e ma,kc > ’ aad lf a "«» a 'n>v will claim your nuention during the pre- ia P rov, l " 1 "? ada ;l aa, »;®cenMo meel all sent session, is the adoption or-., system demands - « »> l« oven a ro of finance, equal in its burdens upon all I “ ,,lc I^ss-b.hty. lo that extent at least, interests, and at the same lime, adequate 1 y mlr "P 1 d ' s da i'rcnate<t and the cltar- to the wants of the Slate. 1 entertain | up 1 " 0 ' S,alc ll ‘P 3 a «vct- the opinion that the true policy.of the , cd * If. therefore, for tio other reason State in raising revenue Rom its ci ,i. | than the remote possibility ofllieinor- zens, is never to demand more than ils I i.ficatton all woold feel at lhe depre- necessities require, on the one hand, «»«"» ot Slate ere,lit, grtuvmg ot.t or fail in exacting an adequate sum fe*! of tbc staled things here alluded to, that purpose, on the other. It has long ! 11 secals l ” e l,,nc ^y an< ‘ w«»e’ tneas- been a source of roc ret and sl>r p ris ' e ures should be a.lopted at this Session that a system offinance accomplishing >° P" 1 an cnd 10 al1 such fears ' this ob\ect, has never been adopted.- In reviewing our legislation on the sub- that of the Central Bauk, bonds to the amount of $225,000 were issued in 184S and <Juty of the Treasurer, to submit to the i ject, it will not tail to occur to y< $237,000 in the present year, to meet, General Assembly, estimates of the interesting as it is, and involving, as it the accruing liabilities falling due in probable receipts anti expenditures of does, the essential principles of good the same period. ! ihe Goverement for the next two years.; fiiitk in every monetary transaction At the close of the .fiscal year 1847,. This officer, from.the vcry*nalure and ! by the Government, as well ns the ' ’ ' * " * . « most delicate of all relations between the representative and constituent, it has shared most sparingly of the Thearrnvofl813 was t . , composed of recruits from’ eighteen to , acls ^ kindness and mercy—who has twenty years of age. Illness,fatigue and be ,f n . r . ,Cn i ° man and . ° Se 'he bonded debt of the Batik was $500,^1 character of liisBulies, is made the au- mitery decimated them. Of the I.2G0.000 , wha, . e l,re has bee .° a 8cene °‘ k,nd,,e ? 8 ! 452 80-it is now reported to me by thuritative medium by which vou, and raised in 1813, there remained in 1814, . lo '^’ a devo ‘ ,on lo truth and reli- lljc Cashier, lo be S447;d00. The i the country, are informed, at the open- to defend the soil of France, but one S ,an * e . r . e I 1C o| S, . , . < , 1 a woman pan " S500.452 80 were drawing 8 per cent, ling of each session, of (lie amount of in- hundred thousand men above the ground.. no ,^° W .° *,’* & -T 1 always be fresh i i n j ere st, the present amount 7 per.cent.' come' received from all sources and the As the result of the various conscript, aa uoyan in spirits, and active By the sale of the bonds issued in 184S actual .expenditures for the twopre- tions made in France between the years bafab ! edeed 3 0 fraer c y and benevoJence. aa d 1849, there has been a saving to ” * of 1781 and 1813, we find that fous^® yoaygdady desires to retain lbe |- lbe Banlc . on . lhe interest account of millions FIVE iiundred thousand r .! 0 ?? 1 ■ a ” d beau *y °!fy n ' , '. b ’ el bc ^ ,P° l . about $6,870. Thislius been effected Frenchmen were blown to nieces by : lo ,* 8wa ?° j ^ ,l ? n and ». without the slightest-shock to the credit cannon, broaght down by musketry, b ^ r ov ® j!j* lb and .'. lr,ueand lo jof the Bank, or the least encroachment :k a impaled upon bayonets, or cut down ] r ,- C 056 °, • ! ■ 5 ‘ e Ul rela,n ‘h 05 ®'upon the private rights. A registry of lhaf by broad-swords n tid sabres; and by. ee,n S s » w ic h now appear a garden of afttbe bonds issued tinder the authority ___ . all this sacrifice France obtained, liter- - sweets-^ever fresh aiu! ever new. ^ , n ?.' been fur the knowledge of! ally, nothing—not so much as one square | • V “ individual right, inculcated by educa. b |inCb of ground added to its territorial ' Cure for Dysentery.—We lion, our Revolutionary Fathers,^ vvlien j limits in her wars of 1790.” {formed that a roedicab geutleman, of | and where redeenxable, the rate of in- ‘ communication, by adoptingit ceding years—and the estimated re ceipts and expenditures for the two succeeding years, for your guidance and direction. My attention, on first entering upon ihe duties of the Execu- adopted was just and equal, live Office, was turned to the Treasu- was reliable for its certainty rer’s Report, submitted to the Legisla- and deliberation of those to whom the subject has been heretofore committed. Since the year 1S04, but little has been done in the way of improvement to the system then adopted. Did this pro ceed from the conviction resting upon the public mind that the system then that it bring- w adequate supply to the Treasu ry 1 Or did it originate from the want of moral firmness, or industry to iu* vestigate, expose, and reform, a sys; tern wrong in itself, because of some „ . - j.- — r — —. 9 - r- o r-----—........ , v..... —... imaginary dread of the constituent 1— yoke, would have returned, to the old j above calculation, and computes the : bly : prescribes ice, and ice only, for his! terial fact descriptive of the bonds and ! iqended by him lo the Legislature for j It the latter, be assured that the repre- system o| a kingly government. But j losses sustained by the allies at .ten ' patienjSiJo dysenferyi and in most ca- 1 the coupons thereto attached; J adoption. • sentative has nothing to fear from his they found that men when rightly taught,! millions of men, cut to pieces in-ses with success. The ice is to be j Measuies were taken,'at an 'early’! By comparing the estimates sybmit- J constituents, if bis measures are just are capable of.self-government; and a the prime of .life ! The mind can ! pounded small enough io swallow it, * day, to engage-the services of a reliable , ted to the General Assembly inrl847, ot J and equal to all. The-People are lion- system by^wliich the people ruled, was scarcely realize such a dismal and hor-iand the' patient is to swallow a small j Honse in London, to whom remittances j probable receipts and expenditures” for jestj they are_ just, and expect of you If education sally promoted colour# ^ ^ power, how short a time would.il be look with ji loathing and hatred upon |of dysentery What is iir^eDft^.lwb^my, every right‘•roindedmanwi : of the different acts passed in 1847, has. tore of 1847, and more especially, ! been carefully kept in tfce Department,; the reliability oftbat Report was virtu- which shews the number, date, when j ally endorsed in- the late Governor’s .... j. - ... . th e they freed^ themselves from a foreign. The London Times follows'up the , high standing in his profession, invaria-jterest and when payable; and ev-ery ma-‘basis of the financial measures recom- 1 no head in Europe would w^ar a .those savage trilies which periodically j the^course of a single day by this reaie-j to .£15,130. G, with interest and com- and expeodilbre, made under, the pre-j legislation, having due regard to econo- vnT . >V 'offer human Sue rifices to their gods.— dy.—N. Y. Jour. Com- ‘missions, having been paid early rL - — If it be said that years of experience, under the existing system, have demon strated its adequacy and reliability, ami therefore, no change is demanded, let me remind you lhat one of the prolific sources of income, receipts from lands, which hitherto so opportunely supplied all deficiencies, can no longer, be relied upon; that source is exhausted) nod we — now forced lo fall.back*entirely up- taxes, income from bank stock, and the receipts of the State iRoad—all of Inch arc involved in -too'"much doubt, perhaps, to form the basis ot reliable estimates. But if the nett income from the Rail Road and Bank Stock, should swell the amount of our rtceipts aquarter or half million annually,.or any other sum, it would but strengthen the argument—as, in that event, it would be necessary only to raise by taxation a sum sufficient to supply the deficiency from other sources. But the subject remains lo be consid ered in another aspect; one that must commend itself to the head anddiearrtif any candid mind. The pwjsent system it must be admitted, rests upon no fixed .principle of either specific or ad valo rem taxation; it presents the singular enough aspect of patchwork—-of a ca pricious, ilbdigeslea; and miserable ex pedient, that may answer its purpose for the brief period of two years pre scribed for its duration, an^ then to bo thrown aside to give place to something