Daily chronicle & sentinel. (Augusta, Ga.) 1837-1876, November 10, 1860, Image 1

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BY W. S. JONES. WAREHOUSES. ~~ ~~ PHiNIzT & CLAYTON, WAREHOUSE & COMMISSION MERC HANTS, Corner of Reynold* and Campbell Streets, Augusta, Geo. Having made extensive additions to our Warehous during the summer, it's now one of the most commodiou in the Southern country. We are better prepared than ever so j the transaction of the Commission Business in every depart ment. On all consignments of Produce from our customers* heir interest will be faithfully regarded. F. PHINIZY. E.P. CLAYTON. Augusta, Sept. 1,1860. sep2-cl&wSm M. P. STOVALL, Warehouse & Commission Merchant, AUGUSTA, GA., /'IO.NTIIVUE6 the business in all its (tranches. In his large vy and commodious Fire-Proof Warehouse, on Jackson street near the Globe Hotel. “ , Orders for Plantation and Family Supplies promptly and carefully filled. The usual CASH facilities afforded customers. DOUGHTY, BEALL&CO, COTTON FACTORS AND COMMISSION MERCHANTS, AUGUSTA, GEO, tfTONTINUES business at their old stand (Fire-Proof Bulld- V-’ i n K s .) on Jackson Street, and renew the tender of their ser vices to their old friends anil customers. Advances as heretofore. E. W. DOUOHTY . W. A. BEALL, . . C. W. DOUGHTY. _ Augusta, Augusta. August SO, 1860. au22-d2w&w6m P. G. MORROW 7 Warehouse and Commission MERCHANT, At the Fire-Proof Warehouse of Phitdzy <t Clayton, AUGUSTA, GA., Office on the Corner us Reynolds & Campbell Sts., IIP ST AIKS, WLL devote his personal attention to the sale and storage of Cotton, and all other Produce. Orders for Family and Plantation Supplies, filled at the low. cst market prices. Cash Advances made on Produce in store. Charges cus tomary. Augusta, Ga.. August, 1860. auls-d&w6m ANTOINE POULLAL\ COTTON FACTOR, Warehouse Jackson Street, AUGUSTA, GEO. fJtHE usual Ca.sh facilities required, will be extended to my I. friends a..d customers, and the sale of all Cotton consigned to me shall have my personal attention. au9-d&w6m HEARD &T SIMPSON, Warehouse and Commission ME RCK AN TS, AUGUSTA, GA. “VVTE will continue the Warehouse and Commission Bust- Yt ness, at our old stand, where we solicit a continuance of the patronage of our old friends and the public generally. aus dwwGm HEARD A SIMPSON. HARPER C. BRYSON, WAREHOUSE AND COMMISSION MERCHANT, FIRE-PROOF WAREHOUSE, AUGUSTA, GEO. Whei s his personal attention will be given to the Storage and Sale of Cot'on and other Produce. ■ Orders for Family Supplies promptly attended to. Cash advanced on Produce iu Store. tis Sales Room and Office on Reynold, bet ween Jackson and Mclntosh streets. au2-dlAw3m J. C. DAWSON, Warehouse & Commission Merchant, NO. 2 WARREN BLOCK. AUGUSTA, GEORGIA, ,iy2B-6m _____ HEARD & CLARKE, WAREHOUSE & COMMISSION MERCHANTS, FIRE-PROOF WAREHOUSE. ON REYNOLD STREET, {Rear South Caroline Railroad Depot,) AUGUSTA, OA.-, WILL devote their personal attention to the Sale and Storage o f Cotton and all other Pro uce; also, to re ceiving and forwarding Goods. Orders for Bagging, Rope and Family Supplies promptly at tended to. Liberal Cash Advances made at all times on Produce In store. ISAAC T. HEARD, jy24-d&wtf HENRY E. CL AKKk JAMES A. JONES, Warehouse & Commission Merchant, no. 6 mcintosh street, AUGUSTA, GA -\XT | LL continue the Commission business in all its branches. YY Personal attention givento the sale and storage of COT TON, and all other produce consigned to him. Thankful for the liberal patronage of his friends in lormer years, he would respectfully solicit a continuance of the same, and that of the public generally. Orders for Bagging, Rope andFamily Supplies, carefully fill ed at the lowest market price. Liberal cash advances made od Produce in store. J. A. JONES. Augusta, July 4,1860. Iv6-d&w6m D’Antignac, Evans & Cos., WAREHOUSE AND COMMISSION MERCHANTS, AUGUSTA, GkA* WE continue the above business at our commodious Ware- Y Y nouse on Reynold street, near the United States Hotel, where we mav always be found to attend to the inteie6t or our customers. Order* for Plantation and Family Supplies promptly filled, and all the usual to our friends. Cash Advances madeln produce in store. WM. M. D’ANTIGNAC, GEO. W. EVANS, iy22-d&w6m WM. E. EVANS. GARDINER & MOORE, WAREHOUSE & COMMISSION MERCHANTS, (Warehouse formerly occupied by Simpson A Gardiner,) mcintosh street, AUGUSTA, GA., \\TILL give their personal attention to the selling of Cotton, YY or Buch other produce as may be sent to them by their friends and the planting public. Orders for Bagging, Rope, and Family Supplies, filled to the best advantage. Cash Advances made upon Produce in Store, when required. JAMES T. GARDINER, formerly Simpson A Gardiner. yMra ST. JOHN MOORE. ¥. M. & A. A. BEALL, WAREHOUSE & COMMISSION MERCHANTS, AUGUSTA, GA. ‘ttTR will continue the Warehouse and Commission Busl- W ness at the same stand, in Metcalfs Fire-proof Ware bouse ton Reynolds’, between Jackson and Mclntosh streets, Metcalrs IRange,) in the centre of the city and convenient to amnlF provided with good and safes storage; for Cotton. Grain, and rroauce generally, we respectfully solicit a contin uance of the patronage heretofore so liberally extended, and that of the public generally, pledging the strictest personal at tention to ail business entrusted to our care. All consignments to B. A 8., will have our prompt attention. The usual Cash Advances made on Produce in Store. Orders for Bagging, Rope and Family^Supp^hes^rnmotly flUed ’ A. A BEALL. ‘ Augusta, Ga„ July 9, 1860. jylß-d3Aw6m WANTED^ A mfiWJESWtS attention to the PrugAmsineis, is desirous ot obtaining, at this time employment ia that line. Undoubted testimonials can be given. Apply to the Editor of the f hrenicle & Sentinel, j octd-swzw Bfl)tcwtde Sertuui. METROPOLITAN FIRE INSURANCE COMPANY, New York. CAPITAL , $300,000. CASH SURPLUS 100,000. Is prepared to take risks on all Insurable Property In the city of Augusta, and throughout the State of Georgia", at fair I rates. Gen..TAMES LGRIMER GRAHAM, Pres t. EDWARD A. STANSBUKY, Sec’y. J. C. DAWSON, Agent, sep6-ly No. 2 Yfarrcn Block, Augasta. •INCORPORATED 181& Charter Perpetual. ITNA INSURANCE COMPANY. CAPITAL $1,500,000. SURPLUS 500,000. ASSETS 2,194,000. This Company Is well known An this city, and throughout the Uniou, as the leading Fire Insurance Company. It has earned a reputation for prompt attention to business, and an honorable, liberal and equitable performance of its obligations, unequalled by any other Company. B. B. BRODNAX, Agent, for Augusta and vicinity, jy2l-dly opposite Bridge Bank Building. MARKET FIRE INSIiRMCE COMPM, NEW-YORK. Capital $200,000, & Large Surplus. INSURES ON MERCHANDISE, HOUSEHOLD FURNITURE, BUILDINGS, and tlie BETTER CLASS OF RISKS GERE RALLY, on the most Favorable Terms. The Company is now doing business on the “FAKTICIPATION PLAN,” by which SEVENTY-FIVE PER CENT of the net Profits is divided annually (In Scrip bearing interest) to the parties in sured, and the Fund represented by the Scrip is securely in vested and held by the Company a3 a guaranty for its policy, thereby greotly increasing the security, and diminishing the expense of Insurance, without any liability whatever on the part of the assured. Fir t Division oriYoiHs, July, 1800. THIRTY-THREE AND-A-THIRD PER CENT in Scrip entire Premiums on Policies written with the Participation Provision, and marked off during the year ended June 30. ASHER TAYLOR, President. J. E. MARSHALL, Agent. oct4-dlra Fall Dry Goods! GRAY & TURLEY, RESPECTFULLY INFORM THE PUBLIC, THAT THEV ARE NOW RECEIVING A VERY LARGE And Elegant Btock OF FALL DRY GOODS, Among which will he Found : Very Elicart Colored SILKS, entirely new ; Ricn Foulard SILK-, very cheap ; Rich Brocade and Plain Black SILKS ; Very Rich White SILKS, for Evening or Bridal Dresses; Rich Cliene SILKS, entirely new styles: Rich Paris Printed MERINOS and DELAINES ; Lupin’s Best MERINOS, in very Handsome colors ; Rich Brocade aud Plain POPLINS ; Very Fine French DEBASES, in small figures; Low Priced Muslin DELAINES, great \anety ; Lupin’s Best BOMBAZINES, extremely cheap ; BOMRAZINE DE TE, a New and Beautitul article for Deep Mourning; Black All Wool DELAINES, fine quality; Fine Black ALPACA, very cheap ; French. English and American PRINTS ; Black and Colored GINGHAMS : Bleached and Brown HOMESPUNS; Linen and Cotton SHEETINGS and PILLOW GOODS ; TOWELING, in great variety, very cheap ; Fine AU Wool and SL-k Warn FLANNELS ; Very Heavy All Wool lied FLANNELS, cheap : HOSIERY', in great variety, for Ladies, Gents, Misses and Youths; PLANTATION GOODS, Good and Cheap ; WITH A GREAT VARIETY CDF OTHER -A.RTICLI2S, TO WHICH WE WOULD Respectfully Invite the Attention OF THE PUBLIC. Gray & Turley. oct7 W. 11. SJLimiRY & CO., DEALERS IN STOVES, (iiRATES, IFtA.ISrQ-ES, HOUSE FURNISHING GOODS, &c,, Gras Fixtures, METALIC ROOFING, GAS FITTING AND PLUMBING, FORCE AND LIFTING PUMPS, DEEP WELL PUMPS, (for ant depth well to one hundred feet, Which we guarantee to give entire satisfaction!) Lead, Block Tin, and Galvanised Iron, Pipe, &o. ; Tin Plate, Sheet Lead, Copper, and Sheet Iron. By arrangements lately made, wc are the SOLE AGENTS for the sale of CHILSOjKF’S ELEVATED DOUBLE OVEN RANGE, The most economical and quick operating Range ever invented. Housek ~np ers and others are invited to examine this Range before purchasing. Its real advantages cannot be detailed ; but suffice it to say, that for quick, even and beautiful Baking, and moderate consumption of Fuel, it must supercede every other similar apparatus. _ , . „ . These Ranges can be fitted with Water Backs, and fixtures for heating additional rooms : and are sold lust as low as any good Cooking Stove. We are also Agents for CHILSON’S PATENT FURNACE, FOB HIiATING Dwellings, Churches, kotbi-s, And other public buildings. This apparatus, having been sub jeeted to tho m. st rigid test by the first Scientific men of the ‘see, has been pronounced incapable of farther lmprcvemrnt. We are also Agentsfor the sale ofthe WEST CASTLEBORO’ Imitation Marble Slate MANTLES. The Imitation is so perfect as to challenge the closest scrutiny.. They retain rheirpolish longerthan Marble, and, inappearanee, are much superior. They cannot be Injured by smoke, coal gas, or acid; and are sold at a great deal less price than Marble ofthe same style. By prompt and close application to cur business, we hope to merit the patroiuge of our friends and the public generally, octiedlm AUGUSTA, GA., SATURDAY MORNING, NOVEMBER 10, 1860. W. J. lIaYAUUU. Wholesale Dealer in FLOUR. CORN MEAL, MILL FEED, CORN, OHS, HAY, STRAW, SC. NO. 50 8. FREDERICK STREET, BALTIMORE. THOMAS WOOD & €O., GROCERS AND COMMISSION MERCHANTS, 81 MAIDEN LANE, NEW YORK. W T UI gh;? prompt attention to PURCHASES of PROVi CORiN’,&c., Ac., on Commission. Reference— FLEMlNG & ROWLAND, Augusta, Ga au3-d3m DISSOLUTION OF PARTNERSHIP. riSHE partnership heretofore existing between the under .A signed undei the firm of JAMES D. LEHMEK & CO. is this uay dissolved by mutual consent. Either party ip au thorized to use the name of the firm in settling the ousiness. JAS. D. LEHMEK, _ . ~ _ , RUFUSA. JONES Cincinnati, July 2d 1360. Rufus A. Jones, r Os. ate firm of J. D. Lehmer & Cos., j , TANARUS) . Jamks F. Cummings j General Partners. i.ate o f Tennessee, [ .)AS. D. Lehmeb, Special Partner. CUMMINGS & JONES, (Successors to da*. D. Lehmer & C 0.,) General Commission & Forwarding I MERCHANTS Nos. 81 anil S3 West Second Streel, CINCINNATI, O. A S successors to the long established firm of Jas. D. Lehmer A & Cos., we beg leave to call attention to the above card, and respectfully osier our services as GENERAL COMMIS SION MERCHANTS, fortiie purchase and bale of all kinds ol Produce and Manufactures, more especially Provisions and F lour. Having ample cash means and facilities for conducting a Com mission Business iu ali its various branches, we hope, by stria attention to our duties, to receive a liberal share of patronage. . „ CUMMINGS & JONES. Cincinnati, July 2d, 1860. HAVING impaired my health by constant application to business for the past fifteen years, I have found it neces sary to transfer the active management to others. In doing so, 1 can, wit h great confidence, recommend my successors, Messrs. CUMMINGS & JONES, to my friends ami patrons. J. D. LEIIMER. Cincinnati, July 2d, 1860. t3f Refer to Josiah Sibley & Sons, Augusta, Geo, jy2s-d3m NED BUNTLINE’S NEW BOOKS. Ncw-York Mercury Stories. FULL OS ILL USTRA TIORS. J UST published and for sale at retail or wholesale, at the cheap Book Store of FREDERIC A. BRADY, 24 Ann Street, New York. Brice 25 cent* each, or any five lor on dollar, or the whole eleven for two dollars. 1 THE WHITE WIZARD: or. The Great ProphA of the Seminole Indians. By Ned Buntline. Price 25c. It. SEA WAIF : or. The Terror of the Coast. A Tale of Pri vateering in 1776. J3y Ned Bun Mine. Price 25c. 111. SAUL SABBERDAY : or, The Idiot Spy. A Tale i the Men and Deeds of 1776. By Ned Buntline. Trice 25c. EI.FRIDA ; or, The Red Rover’s Daughter. A New Mys tery of New York. By Ned Buntline. Price 25c. THE MAN-O’-WAR’S GK'uDGK. A Romance of tb Revolution. By Ned Buntline. Price 25c. VI. OUR MESS, or. The Pirate Hunters of the Gulf. A Tale of Naval Heroism and Wild Adventures in the Tropics. By Ned Buntline. Price 25c. VU. LUONA PRESCOTT : or, The Curse Fulfilled. A Taleot the American Revolution. By Nea Buntline. Price 25c. VIII. TILAYENDANFGEA THE SCOURGE : or, The War Eagleofthe Molmwks. A Tal“ of Mystery. Ruth and Wrong. By Ned Butline. Price2sc. IX STELLA DELORME: or. The Camanchc’s Dream. A Wild and Fanciful Story of Savage Chivalry. By Ned Eunt line. Price 25c. X. THE RIFT AND THE SPRAY. A Tale of Che Smug glers in the English Channel. Beautifully Illustrated. By Malcolm J. Errym. Price 25c. PAT HA WAY : or. The Mountai-> Outlaws. A Talc i fthe Northern Trapping Grounds. By Dr. J. U. Robinson. I'rice 250. All of the above Books are full of beautiful Illustrative En gravings by Darley. Books ‘Hers, News Agents, anil all others will please ser..; on their oroers at once. Copies of any or all of the above works will be sent nee o postage, per mail, to any one, on receipt of price. Call or send, or address all orders to FREDERIC A. BRADY, sen 7 d3m 24 Ann Street, New York, FANCY GOODS! FANCY GOODS! GYRUS J. LAWRENCE, No. 29 Chambers Street, N EW-YORK, ‘Wholesale Dealer in SMALL WARES, P EVERY DESCRIPTION, • Buch as COMBS, BRUSHES, BUTTONS, PINS, NEE DLES, THREADS, PORTMONAIES, STATIONARY, PERFUMERY', JEWELRY, WATCHES, MUSICAL WAKES, WOOD and WILLOW WARE Ac. Ac. SPECIALITIES. Lawrence’s Orooveleas Perfect Eyed NEEDLES ; Lawrence’s Oriental COLOGNE ; Lawrence’s SOUTHERN FAVORITE; Lawrence's GOLD PENS, warranted ; Lawrence’s STEEL PENS, the Planters, and others; Lawrence’s LEAD PENCILS, all styles ; - Lawrence’s Osnaburg SEWING THREAD—a Bupejdor quality, put up in large and small Balls, and on Spools. All Goods warranted as represented. Neat and convenient Catalogues, with blanks for memorials, supplied to purchase rs on c-pplication. dec2-d&wly mi, m i wain; No. 6 Maiden Lane, NEW YORK, INVITE DEALERS IN GUNS, AND SPORTING ARTICLES, JEWELERS, DRUGGISTS, STATIONERS, AND IT IST O Y GOODS JOBBERS TO EXAMINE THEIR STOCK OF GOODS, Consisting of GUNS, RIFLES and PISTOLS, of all de scriptions; ELEY’SCAPS, WADDING and CARTRIDGES POWDER FLASKS, Shot POUCHES, Dram FLASKS, Ac., Ac.; PLATED WARE and JEWELRY, both Foreign and Domestic; DRUGGISTS’ ARTICLES, vU: Lubin’s EX TRACTS; Lowe’s Brown Windsor and other SOAPS; Fine Shell and other Dressing COMBS ; Hair, Tooth and Shaving BRUSHES ; Medicine CASES ; Tooth POWDER; Shaving CREAM, Ac., Ac. STATIONERS’ ARTICLES; DESKS. INKSTANDS and CUTLERY, of all approved makers. Fine French and English FANCY GOODS, BRONZES, GILT ARTICLES; PORTEMONNAIES; Leather TRAV ELING BAGS, Ac., Ac. SOLE AGENTS for WESTLEY RICHARD’S FOWLING PIECES; Eley’Bcelbrated Sporting AMMUNITION, Heiffor’s “Army” and “Model” RAZORS; Adam’s Revolving PISTOLS Ivl7d6m ON CONSIGNMENT, 50 hhds. choice BACON SIDES ; 20 tierces choice HAMS ; 20 tierces Sugar-Cured Canvassed SHOULDERS; 25 bbls. superior LEAF LARD ; 1000 sacks Pennsylvania Black Seed OATS ; 10 boxes low price TOBACCO. 8 hhds CLEAR SIDES. For sale at low rates by J. C. DAWSON, * *ep6-tf No. 2 Warren .Block. GOVERNOR’S MESSAGE. EXECUTIVE DEPARTMENT, : | Milledgeville, Ga-, Nov. 7th, 1860. j Fellow Citizens of the Senate and Rouse of Representatives : The financial operations of the State Govern ment for the fiscal year ending 20th October, 1860, are shown by the following statement: RECEIPTS. Balance of cash in Treasury, 20th Oct., 1859 $288,768 00 Received from general tax of 1859 377,523 39 “ “ “ “ 1860 1,200 00 “ “ tax on Bank Stock 33,185 29 “ “ “ Railroads 11,217 7 1 Insurance Companies 1,578 68 Received from tax on Lotteries 4,000 00 “ V “ Foreign Bank Agencies I,Bc 41 Received from tax on Express Co.’s ‘ > 80 Net incomes paid into the State Trea sury from Western Ac Atlantic R. R 450,000 00 Paid into Treasury by the Bank of Sa vannah, for use of 1 * the School fund and other deposits, per con tract under Act of 1858 5,945 20 Received for stock in the Milledgeville and Gordon R. R. Cos.; sold un der Act of 1859 /. 20,212 50 Received from sale of bonds to pay for stock in the Atlantic and Gulfß. R. Cos 201,250 00 Received on Bonds purcljpwed under of 1858, of Penitentiary 23,403 64 Received from other miscellaneous sources 3,636 00 Total of Receipts $1,453,930 78 DISBURSEMENTS. Paid on Civil Establishment and Con tingent Fund 181,081 93 “ to the Ordinaries of this State for School purposes 149,535 00 “ for the purchase and distribu tion of arms and other military equipage 42,801 73 “ to members and officers of the Legislature of 1859 115,848 96 “ to redemption of pub lic debt due $32,560 00 “ to redemption of pub lic debt, not due 117,000 00 “ interest on public debt 204,732 10 “ to Atlantic and Gulf R. R. Cos., in cash, in lieu of State Bonds in payment of States subscription for stock 50,000 00 Total paid for public debt $404,292 10 “ to Lunatic Asylum 29,170 62 “ to Academy for the Blind 20,000 00 “ to the Institution for education of Deaf aud Dumb 8,000 00 “ to the Georgia Military Institute 6,550 00 “ by sale of State Bonds for stock in A. & G. li. R, Cos 200,000 00 “ ou other special appropriations by the Legislature 121,798 90 Total Disbursements $1,179,11 .7 Excess of Receipts over Disburse ments, now in the Treasury, in cash $274,82': 57 Os this sum, $241,727 90 will be re quired to pay appropriations made at the session of 1859, not yet drawn ; leaving a net bal ance, after all appropriations are paid off $33,092 64 Other assets belonging to the State, not incluldiug the W. & A. R. R., Public Buildings, Ac., to wit: Stock in Atlantic Jc Gulf Railroad Company.ssoo,ooo 00 Bank Stock 290,900 00 Railroad Bonds purchased of Penitentiary 14,625 00 Central Bank assets—sol vent 1,500 00 Total of above assets $807,025 00 Total of cash and other assets.. 840,117 64 The whole Public Debt of the State, not including her obligation to increase the subscription for stock in the Athttftic & Gulf Railroad Company, is 2,670,750 00 The value of her uublic property including the Western <fc Atlan tic Railroad, is supposed to be. .8,000,000 00 From the foregoing statement it will be seen, that thirty-two thousand five hundred and sixty dollars only of the public debt fell due the past year, which has beeu paid ; and that $117,000 00 of the bonds not due, have been redeemed ; and $204,732 of interest ou the public debt has beeu paid. Had the bonds been in the market, at par, the condition of the Treasury would have enabled me to increase this last amount; but more of them could not be purchased, after public notice given in the newspapers, by the Treasurer, at my suggestion, that the bonds of the State, without regard to the time when due, would be redeemed at par, on presentation to the Treasury, or at the Bank of Savannah, or the Georgia Railroad and Banking Cos., at Augusta. As I knew of no sta tute authorizing me to purchase the bonds of the State at a premium, and as there was a very con siderable surplus in the Treasury, I thought it best to refuse to issue other State bonds in pay ment of the State’s subscriotion to the A. & G. R. Road, and to pay the installments, in cash, till the balance in the Treasury should be exhausted. I accordingly ordered the last installment of $50,- 000, of the first subscription of $500,000, to be paid in cash ; which added to the sums paid to interest on the public debt, and to the redemption of State bonds, Ac., makes the sum of $404,292 10 paid on account of the public debt, during the past year ; and leaves in the Treasury, in cash, a balance of $274,820 54; of which, $241,727 90 will be required to pay undrawn appropriations of 1859 j leaving a net balance $33,092 64. UNIVERSITY OF GEORGIA. The far seeing wisdom of those who framed o t State Constitution, not only grasped, but so v comprehended the importance of promoting t ,e Arts and Sciences, when they inserted in that in strument, the following clause : “The Arts and Sciences shall be promoted in one or more Seminaries of learning ; and the legisla ture shall, as soon as may be, give such further donations and privileges to those already estab lished, (the State University was then established) as may be necessary to secure the objects of their institution.” This is still a portion of the constitution, which I, and each of you, have sworn to “observe, con form to, support, and defend.” Have the spirit aud intention of this provision of the constitution, been carried into effect by the legislature, in the meagre endowment which the State University has received from the State ? Have the objects for which the University was instituted, been se cured ? If not, is the State not abundantly able to carry the spirit aud intention of the constitu tion into effect, without embarrassment to her government, or burden to her people? If so, can we, consistently with other oaths we have taken, refuse to make the necessary appropriation ? These are questions well worthy the serious con siderations of each and every one of us. But, aside from any obligation which the constitution imposes upon us, can we doubt the wisdom and sound statesmanship of such a course V I cannot think that it is sound policy for Georgia to refuse to endow her University, while her people send out of the State, in a few years, for the education of their children, a sum of money more than suffi cient to make the endowment which would be ne cessary to draw large numbers of the youths of our States to oor University, to be educated. This would cause Georgia to receive the money of other States, for the education of their children, instead of paying her money to other States for the education of ner own. That State is always the most wealthy, power ful and respected, in which knowledge is most generally diffused, aud learning, in all its branch es, most liberally encouraged. We cannot doubt that England is indebted, in a very gre.t degree, to her Universities of Oxford and Cambridge, and to the influences which L*ve gone o’Jtfrom them, for her ability to dictate laws to a large portion of the work., and to draw wealth from every quarter of the globe. Nor can we deny that Mas sachusetts, by her liberal course towards her Cambride, and Connecticut, by her liberality to Yale College, have greatly enlarged their wealth at home and increased their influence abroa„ ; and have been able, through the instrumentals v of their Universities, to instil into the minds of the educated of all the other Sta es Jr the Union, many of their own peculiar notions 4# religion and government; whiie they have drawn millions of money, from other States, for the edu cation of their children. Georgia has contributed largely to build up Northern Colleges ; and has purchased from them, or those educated by them, most of her text and school books, aud much of her literature. Most of those Northern Colleges, which have shared so largely the Southern pat ronage, are now hostile to Southern institutions. Notwithstanding all this, they still get Georgia patronage : because it is believed the/ can furnish educational advantages superior to those afforded by Georgia Colleges. This might not now have been the case had the money sent out of Georgia by parents and guardians, for education, been expended at our own University. Is it not time we had learned wisdom by experience ? We claim that ours is the Empire State of the South. Why then should we refuse to endow and build up our University where the sons of the South may enjoy educational advantages equal, if not superior, to those offered by New England Colleges ; where authors may be reared,J and literature and school books produced, which will enlighten and elevate the minds of onr youths, without subjecting them to abolition taint or New England fanaticism ? After mature deliberation upon this question, I leel it my duty to recommend the appropriation of five hundred thousand dollars, to be paid in five annual installments, of one hundred thousand dol lars each, for the endowment of our State Univer sity. This sum, added to the present endowment, would be sufficient to construct the buildings, purchase the library and apparatus, and endow the Professorships, necessary to make it, in a few years, a first class Uuiversity ; and would further enable the Trustees to pay such salaries as would command the services of the most distinguished Professors in the country. This would at once §ive the University a commanding position in the outhern States, and relieve us from the necessity of further patronizing Northern Colleges. I think the heart of every Georgian should swell with pride at the contemplation. And Ido not doubt, when the question shall be fully discussed before our people, that they will be found to be in ad vance of most of our politicians, upon this sub ject. He who does right will seldom have cause to fear the popular verdict. The aggregate taxable property of this State, is supposed to be, this year, about $700,000,000. The seventieth part of one ner cent, upon this sum, will raise, annually, the -*>loo,ooo. This will be a fraction less than one c. o and a half per an num, on each one hundred dollars’ worth of taxa ble property, or a fraction over seven cents on such one hundred dollars of taxable propel ty, to be paid in five annual installments. What Georgian is so destitute of State .pride, apart from every consideration of patriotism aud sense of duty, that he would refuse to pay this small sum to see our State University fully en dowed, for all time to come, and put in a position of equality with any University in the Union? I think I know the great masses of the farmers and mechanics of our State, who are its very bone and sinew, and upon whom every other class of citi zens is dependent for its support, well enough, to say for them, in advance, that many of our public men underrate their intelligence aud liberal ty and that not one in every twenty of them, ‘to pays tax on one thousaud dollars’ worth of pro r ty, would hesitate a moment tojjcontribute a dime and a half a year, forfive years, for the purpose of building up a University which would place Geor gia in the very fron* -ank of all her Southern sisters, wherb the you_ g men of the South who, in future, are to condu -t its government, direct its energies aud defend its honor, may be educated, without assisting by their patronage, to build up, elsewhere, institutions at war with our dearest rights. But it is not indispensably necessary that even the small additional tax above mentioned should be collected from the people, for this purpose.— Each annual pavment might be made out of t’se iucomes of the \Vestern & Atlantic Railroad, n u d the tax at present paid by the people of this S *e, be reduced within the five years ; aud we w . id still have money enough to meet promptl} n times of peace and prosperity, all the necess: v expenses of the government. In return for this appropriation, the University should be required to educate and maintain, from yea.’tQ year, such nutnbe ■ of poor young men as the legislature, which makes the appropriation, may direct. I would suggest that the number be one from each county in the State ; to be selected in such manner as the legislature may prescribe. The young men selected as beneficiaries, should be such only as have not the means to educate themselves, and whose parents are unable to de fray the expenses of a collegiate education for them. Each should be required, when he enters the University, as a consideration for the instruc tion be is about to receive from the State, to sign a pledge of honor, that he will, if not providen tially prevented, teach school, in Georgia, as many years next after he leaves the Univer&iy as he was instructed in the University, or refund to the State the money expended iu his edveatiou with lawful interest. The beuefits of a collegiate education should not be coufined to the sous of the wealthy ; but the State should provide, as far as possible, for the education of moral young men who are ta lented and promising; and who, by reason of their poverty, are unable to educate themselves. From this class would rise up many of our most distinguished aud useful citizens. Many of the brightest and most intelligent boys iu Georgia, are found among the poorest and humblest of her citizens. Inured to labor from their infancy, when the portals of the College are thrown open to them, they are not unfrequestly found to out strip the more favored students; and afterwards, when they come to enter the arena of active life, they are usually more energetic and more likely to become distinguished and useful, than those whom necessity has never taught the value of personal exertion. Many of these young men would make teaching a profession for life; which few of the sons of the wealthy after graduating in college are willlmg to do. It is generally admitted by the most intelligent and best informed, that the establishment of a State University, of a high character, would work no detriment to the denominational, or other col leges of the State. The graduates of our other colleges, desirous of pursuing their studies beyond the college course, aud of fitting themselves, by still higher attainments in learning, for the duties of authors, professors, Ac., would transfer them selves to our own University, without being under the necessity of leaving our owu State to secure the necessary advantages. The building up of the University, upon the plan proposed, would also do much to advauca our common school pro ject ; as it would send out, iu a few years, a large number of young men as teachers, truly southern iu sentiment and well qualified for the position. This would supply, in a great measure, what is cow a lamentable deficiency; and would elevate and give new life and vigor to our whole educa tional system. In connection with the foregoing recommenda tions and suggestions, and iu obedience to the re quirements ot the Act of the 14th of December, 1859, I herewith transm’t copies pf the Annual Reuortsof the Board of Trustees, and of the Board of Visitors, of the University. COMMON SCHOOLS. The School Act of 1858, makes it the duty of the Governor, us the public debt is paid, to issue new bonds for an amount equal to the sum paid ; which are to be made payable to the Secretary of State, as Trustee of the Educational Fund of Georgia. Considering the State’s subscription for stock in the A. & G. It. Itoad Company, when made under the provision of the charter, as part 6f the public debt, I have issued and filed in the office of the Secretary of State, $200,000 of School bonds ; which sum includes, in round numbers, the amount paid in cash on subscriptions for stock in the A. & G. R. Road, and the amount paid to bond holders, not including interest during the year. These bonds bear date the first dav of No veraber, 1860, and are due twenty years aiterdate. The interest accruing on them, at six per cent., is payable annually at the Treasury, and is to be used solely for educational purposes. I thiuk it our true policy to continue to increase the School Fund, and to encourage, by every means in our pow , a general spirit of education among our people. During the past year, $150,000 have been dis tributed from the .treasury among the counties for educational purposes, less a small balance no. drawn by the counties entitled to it. Under exL ting laws, a like sum of $150,000 may be distribu ted this year. lam happy to say that this fuL, is enabling thousands of child"en to acquire ‘ rudiments of an education ; who, without it,wou*| be entirely destitute of the means of doing so. I again renew the recommendation made in my last annual message, thut the proper authorities in each county, be reaui .by law, to assess and cause to be collected, twenty-five per cent on the State tax, to be ?vued to the school fund of the county ; and that, on failure of any county to make the assessment, such county be deprived of all participation in the State fund for distribution during the year in which no county collection is made. I also recommend the enactment of a law, mak ing it a crime punishable by confinement and la bor in the Penitentiary, should aa3 T Ordinary or Treasurer of the educational fund, in any couci /m, convert or dispose of the school fund, or any p iS of it, t® his own use ; or fail or refuse, when cR ed on to pay it out promptly in obedience to use order of the legal authority in the county for which he is Treasurer. I am informed that the Board of Education in many of the counties, have provided that the fund be distributed among the school districts of the counties in proportion to the number of children in each ; ana that, when no school is taught in a ( district during tba year, the portion assigned to it be kept for anotner year. I recommend the passage of a law requiring the Ordinary or Treas urer of the fund, in every such case, to keep such I portion of the fund at interest, till paid out by him upon the draft of the Board of Education of his county; and that, in case any district fu : ls to have a school, for as long as two years in succes sion, that the fund set apart for tnat district, be apportioned among the other dirtricts of the coun ty in which schools have teen taught. NORMAL SCHOOL FOR FEMALES. I am informed by a highly intelligent citizen of this State, who has given much attention to the subject, that a Normal School for the education of temale teachers, where one hundred and fifty may be educated annually, can, after the necessary buildings are erected, (which will not be costly) be maintained upon the interest of $100,000; and that the State, if she will make tbit appropria tion, can secure an ample guaranty for the success of the school. The school would be organized un on the plan, that the girls educated there, divine among themselves, and do, in their turn, all the cooking, washing, and other labor, necessary to be done at the school. Each would be required to furnish her own clothes. The actual cost of maintaining each in the school, would therefore be, the prime cost of the provisions used by each, together with books, lights and fuel. At this school, which should be located in some healthy portion of our State, large numbers of fe males, whose parents are unable to educate them, might be prepared to teach our primary schools, or indeed, to teach'in any of our schools. While receiving their scholastic education at the rnial school, these young ladies, would also rec. e, a domestic education, which would be oi gret ili ty to them iu any position which they n oc cupy in after life. I apprehend no argument will be necessary to convince the General Assembly of the great im portance of educating our female teachers at home. For the accomplishment of this object, I recommend the establishment of a Normal School upon the plan above proposed. GEORGIA MILITARY INSTITUTE. As President of the Board of Vistors of the Georgia Military Institute, I attended the examin ation of the classes, and the commencement in July last; and I feel conficent that each member of the Board will concur in the statement, that the discipline and government of the Institute, are greatly improved. The result of the examinations was alike creditable to the vounp* gentlemen com posingthe classes, and to “the cacultvbv whom they were instructed. The present Superinten dent is a gentleman possessed of b’gh qua’ifica tions, long experience and great moral worth; aud will, i have no doubt, iu a few years, j ce the Institute in a position of equality v/ith iy Military School belonging to any State iu u,e n iou, if the legislature will make the appropriations, which are necessary to complete the buildings, provide comfortable quarters for the Cadets, and secure the salaries of the faculty, so as to place them in a position of independence in the govern ment of the Institution. I recormneud the appropriation of twenty-five thousand dollars, for the construction of the build ings which arc necessary. I a’so recommend the passage of a law increasing the number of State Cadets, to oue f"om e .ch county in the State, and requiring each State Cadet, when he enters the Institute, to sign a written obligation and pledge of honor, to reTuud to the Treasury of this Staie, so soon as lie is able, the mouey expended by die State iu his education, with interest; or to i jh school within the county from which he is s;_t, for as many years next lifter he leaves the 1.. ■- tute as he is instructed there. Iu an educate _al point of view, this would be of incalculable value to the State; as it would supply our peoole with a large number of highly educated, Southern born teachers ; aud would tend to stop the influx of Northern teachers, who have too often beeu abolition emissaries in disguise, sowing the seeds of discontent among our slaves, and piautiug out posts of abolitionism upon our territory. Let it not be forgotten by our people, that the high-priest of the present Black Republican party of the North, in bis youthful aud more humble days, was fostered as a No-tliern teacher, in the bosom of Georgia; and tbrt after she had warmed him into life, and put money ‘,i his pocket, he de serted her ; and now attempts to sting her very vitals. He is only the mo t distinguished of a class. It is cheerfully admitted, however, that all northern teachers are not subject to (he above charge. Many of them are among our most re liable aud valuable citizens. But to avoid the contamination of the wicked and designing, it is the duty of the State to educate and employ south ern teachers only, and stop all further importation of such as may, or may not, be true to Southern inteiest. In a military point of view, also, I consider the above recommendation as highly important. It would uotouly put the Institute upon a solid basis, and add largely to the number of educated per sons in our State, affording a collegiate education to many of the poorest, though brightest and most intellectual boys in Georgia, but would diffuse a knowledge of military” science among the people of every county in the State; which all must ad mit, iu these perilous times, is a desideratum se cond in importance to no other. We should not only arm our people, but we should educate them in the use of arms, and the whole science oi war. We know not how soon we may be driven to the necessity of defending our rights and our Honor, by military force. Let us encourage the development of the rising mili tary genius of our State : aud guide, by the lights of military scieuce, the energies of that patriot c valor which nerves the stout heart, and stro ( arm, of many a young hero iu our midst, who is yet unknown to fame Three or four of the most gallaut and promising young volunteer corns in the State have been organized, and are now commanded by young gentlemen educated at the Military Institute. It would be gratifying to see this number largely increased ; these com manders reflect great credit upon the Institute where they were educated, and are looked to in future, should emergencies require it, to lead our armies in the field, and strike in the froi t rank, for the protection of our rights aud the vindication of our honor. Heuce, I earnesth commend the Georgia Military Institute to U care of the Legislature ; aDd I trust it will Lo be wautiug in liberality to au Institution so portaut to the future protection and great-. A our noble State. For the preservation of the buildings of . 3 stitute, it became necessary during the p'st yt to recover oue of them, and to make tabstanti repairs on others. These repairs were made un der my direction. The sum due the carpenters for the material andlabo/, is $1,322 36. I recom mend that this sum be appropriated at an early day. Foundry. In this connection, I beg leave again to call e attention of the General Assembly to the imp- - tance of erecting a Foundry in this State, for ‘ e manufacture of arms and other munitions of v, ... At your last session, an appropriation of $75,1 J was made, for the,purchase of arms, to supply r Military Corps of this State. I found itueces to go into the Northern market to make tbe pu - chase. It was soon discovered, however, that the United States regulation muskets and rifles, could not be bad iu the market. Manufacturers were then applied to, to make them for us. This was refused, on account of their engagement with the United States Government. The best that could be done, was to go to the foundry of Mr. Eli Whitney, of Connecticut, and get him to make for us aJferm, which it is feared, is not equal to the arms iu use in the United States service Mr. Whitney would not agree’ to deliver the last of the quantity needed, in less than five months time; and I regret to say, that he has violated his promise, and failed to deliver tbe arms within the time stipulated in the con tract ; and that part of them are not yet delivered. The same is true of the Ames Manufacturing Com pany of Massachusetts, which agreed to supply us with accoutrements. The consequence ics been, much dissatisfaction on the part of ozv M' v t try Corps, caused by the delay, which t was nil?’ ’n my power to avoiu. lam informed that cth Southern States have had the same difficulties to contend with. The appropriation in this State is not sufficient to supply all the Corps, which have been, and are being formed. I recommend an additional appro priation sufficient to complete the supply. Iu my opinion, Georgia aud the other Southern States, ought no longer to remain in their present state of dependence upon the Northern manufacturer for the means of defence. It is believed, and is doubt less true, that we have as good material in this State for the manufacture of arms, as cau be found in any part of the work. Why then should we not mase a supply for ourselves, audreceive the patronage of such other Cotton States, as have not the same natural advantages, and do not ruj their own arms ? I herewith lay before you, the report of Gene.'t. Ira R. Foster, Captaius John W. Anderson a - 11. Colquitt, Commissioners appointed by me, under the authority of the act of 18th of De cember, 1859 ; with an estimate of the pnoun. which it will cost to establish a first class foundry, for the manufacture of arms. I recommend the appropriation of a sum sufficient for that pur pose, unless the legislature should deem it better policy to authorize the Governor to contract with some private person or company, to erect a first class foundry in this State, for the manufacture of arms and munitions of war; and bind the State to give such patronage to it, for a pnriod of years S after its completion, as will secure its erection. IMaj. R. S. Ripley proposes to erect the necessa ry works, in one of the States of Georgia, Alaba ma, or South Carolina; provided each of these States, will bind itself to receive fro foundry after it is completed, $50,000 worth of arms at Government prices, each vear, for five years, with a less patronage for a longer time. The ac tion of the last legislature indicated the will of the General Assembly to establish such foundry in Georgia; and as Alaj. Ripley refused to give assurances that the foundry would be erected in this State. Ido not feel at liberty to indicate any preference in his nroposal. I am informed by Hon. ‘dark A. Cooper that he can on short notice, organize a company at Eto wah, with sufficient capital, to manufacture arms of any Quality needed by the State, if she wifi give a Uoeral guaranty of future patronage by the purchase ot good arms from the company at reasonable prices. He has the dams and other improvements of the water power, already con structed, at a most eligible location for the* busi ness. \Y ith the advantages afforded by the im provements already made I have no doubt that a hist class foundry could be completed at Etowah Stide CSS * uan ot her place in the I have paid out of the Contingent fund, the ex penses of the Commissioners, above named, while engaged m the performance of the duties assign*’ them. I recommend such appropriation as rna-y be reasonable and just, to compensate them thetr services. VOLUNTEER CORPS. Most of the bonds given by the officers of mili tary companies in this State, prior to 1856, for the return ot arms and accoutrements furnished them State, seem to have been lost or mislaid ; and I have been unable, at any time since the commencement of my term of office, to find them, after the most diligent search. But few of the VOL. XXIV. NO. 266. arms heretofore distributed, have been returned to the State Arsenals, or otherwise accounted for; aud, as tar as I know, not a dollar has ever been recovered by the State for them. In many cases it is said, the arms have been scattered over the country ; and in some instances, not a few of them have been carried out of the State by persons moving West. To prevent, if possible, this loss or misapplication of the public arms, I have re cently oraered to be kept in the Executive office, a book in which each company is charged with the arms furnished to its officers, and which are particularly described on the record. Asa further means effecting this object I recom mend the passage of a law requiring the Secreta ry of State, to record in a book to be kept in bis office for that nurpose, all bonds given by the of ficers of Military Corps for the proper use and ret urn of the public arms, aud that certified copies of such bonds be received in evidence in case of the loss of the originals. I would respectfully suggest the passage of a law prescribing the quality of arms to be furnished to each Military corps, of each class ; as cavalry infantry, Ac., for the purpose of drill. Each com pany now desires to be supplied with the best arms that the State can purchase ; and if wemay judge of the future by the past, in a few years many of these arms will be either lost to the State by the disbanding of companies, or be reported in very bad condition. It would, in my opinion, be better to furnish a cheaper arm for the purpose of drill and to keep in the Arsenal an abundant supply of the very best arms that can be manufactured to be placed hands of companies, new and in good order, at any momeut when they may be called into active service. STATE ARSENAL. For the purpose of keeping these arms safely and in good condition, I recommend the erection of a suitable Arsenal, at the Georgia Military In stitute ; aud that the public arms be deposited there ; and that the State Cadets of the Institute, under the direction and control of the Superinten dent, be charged specially with the duty of guard idg, protecting am. keening them in good order. If the Arsenal of the State were lull of valuable arms, a sufficient guard is necessary ; and I know of no more appropriate mode of supplying this ne cessity than that of charging those who are rt ceiviug a military education from the State, with the duty of taking care of her arms and munitions of war. ORGANIZATION OF THE MILITIA. In view of the perils to which the people of this State may soon be exposed by those who ought to be the first to accord full justice to them, I recom mend the passage of all such laws, as are necessa ry to the complete organization of the Militia of this State. A more thorough training should bo provided for, aud heavier penalties indicted upon those who neglect or refuse to do military duty. The organization of new volunteer corps'should be especially encouraged by the State. I renew the recommendation heretofore made to the Leg islature that a commutation tax sufficient to raise a military fund ample for the support of the sys tem be collected from those who do not perform military duty. STATE GEOLOGIST AND CHEMIST. I also reuew my recommendation of last year, for the appointment of a State Geologist and Chemist. Probably few of our citizens living in other sections of the Stata, have formed a correct estimate of the immense value of the mineral re gion of Georgia. It is believed that the quantity of iron ore, of the very best quality, within her borders, is sufficient to suppli the demand of all the Southern States, for that most important of all metals, for centuries to come. Tuis ore is chiefiy found in a very healthy section of the State, where there is abundant water power, of the finest character, upon never-failing streams. The great grain-growing section of the State em braces these iron miues. Provisions may gene rally be had cheap. The coal fields of Georgia and Tennessee are in close proximity, aud a railroad communication is already established between the two. Lime, char cool. and ever}- other material necessary in the manufacture of iron, may be had in great abun dance near the mines. I think I may truly say, that no State in the Union possesses superior ad vantages for the manufacture of iron. If this in terest were fully developed, it would add millions to the wealth of Georgia, and would tend greatly to increase her population. It would aflord profit able employment to a large number of laboring men, retain large sums of money in the State, now sent out annnally for the purchase of iron ; and would make the State much more powerful and independent, in her present or any future po sition she might be called upon to assume. There are also very extensive aud valuable Slate quarries in this mineral region. One of these, in Polk county, is already being developed and work ed to advantage by its enterprising proprietors. I commend these vuluable interests to the protect ing care of the legislature. Gold, silver, copper, lead, manganese, and other valuable minerals and metals, have also been found in different sec tions of our State. Much money has been wasted in the search after these metals by persons lack ing the necessary information to guide their la bors in the right direction. If the energies of practical men engaged in the search, were direct ed by scientific knowledge of the subject, results would no doubt be produced the most interesting and valuuble to the State. To this end, the im portance of a thorough Geological survey of the State, by a man ot eminent ability, cannot be too highly estimated. The appi opriation for this pur pose, if made, should be sufficient to secure the services ot a man of the highest character in the profession. To the duty of making a Geological Survey of the State, should be adued.that of making a che mical analysis of the different qualities of soil in the different sections of the State ; so as to afford the planters in each section, ?hcessary informa tion as to the kinds of productions to the raising of which each kind of soil is best adapted, ana the kind of manures best suited to each different quality of soil. This, it is believed, would boos great value to the planting interest. Certainly no class of our population has stronger claims upon the liberality and bounty of tne legislature; and none has been longer neglected. Every appro priation necessary to the advancement and en couragement of agriculture, should be promptly and cheerfully made by the legislature. ETOWAH MANU FACTURING AND MINING COMPANY. The efforts made by Hon. Mark A. Cooper, for the development of the vast, doTmant, mineral wealth of Georgia, have been equalled by those of no other citizen of the State. Since the com mencement of his operations, he has paid to the State of Georgia, according to the best informa tion that can be had from the books, $111,294 83 for freights on the State Road; while the produc tions oi his establishment, shipped from it, upon which freights have been paid by purchasers and consumers, w hich has been an income to the Road, that would not have been realized by it, but for his operations, have probably amounted to a sum quite as large; making over $220,000 which the State has received in freights, upon the material for, and the productions of his mills and factories. He has also afforded the employment which has for years supported over one thousand of the pop ulation of the State, and has contributed largely in bringing to light hidden wealth ot incalculable value. In doing this, he has exhausted the best ener gies of his life, imperilled his private fortune, and made other important sacrifices. His capital be iug insufficient, he has been obliged to resort to the use of his credit, to carry on the work. He is now much embarrassed, and will probably be obliged to suspend his operations aud lose all he has invested, unless the State will afford him such assistance, by lending him the use of her credit, as may be necessary to enable him to progress with the development. The Etowah Manufactur ing and Mining Company, of which he is the prin cipal, 1 am informed, now- owns about 12,000 acres of land in the vicinity of the works. Upon the premises, are in operation two excellent furnaces for the making of pig-iron, one extensive Rolling mill and Nail factorv, a large merchant mill for the manufacture of bour, with other valuable im- provements. The company also owes three and three-quarter miles of railroad, (except the iron on the track,) connecting the property with the W. & A. Rail road. Neither the location for manufacturing, nor the water-power, can be excelled in auy State in the Union. The whole property is estimated, by good judges, to be worth, at a low calculation, 300,000. I am informed by Maj. Cooper, that $250,000 will pay the. entire indebtedness of the company, and give him the means necessary to advance with his operations ; and that if the State will loan him the use of that amount of her six per cent, bonds, (upon which money can readilv be raised at par in the market,) he will issue and deliver to the State the same amount of seven per cent, bonds of the company, and secure their payment, together with the interest payable semi annually, when due, by a mortgage of the entire property to the State ; which fie agrees may be foreclosed by Executive order, and the property sold under execution issued by the Comptroller General, ou sixty days’ notice, at any time when the Company fails to meet promptly any payment of principal or interest, on the bonds, when due. Asa further consideration for this relief, the Company will bind itself to furnish to the W. A A. Railroad, from time to time, and at all times when needed, as much merchant bar-iron, of all sizes, and of the best quality, as may be necessa ry for perpetual repairs, Ac., upon said Poad, at turee and a ha lf cents per pound ; which is lower I than irou of similar quality can be bought in the markets of this State, and in fact little more than covers the actual cost of manufacturing it, as * . iron is made to order in a special manner, will also agree to furnish promptly, when needed, all the railroad bar-iron required for the repairs of the Road, at five dollars per ton left than it now costs the Road. _ In communicating this proposition to the Gene ral Assembly, I do not propose to attempt an enu [ SFE NEXT PAGE.]