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The Central Rank was put inf ) success
ful ■'•■i ii'Mi as early as eir< umst am es
would permit—Some delay was unavoida
b! she persevering and unwearied
industry ot the President ami Directors,
an i he officers chosen hy hem, gave
h w v't earlier than could have been at) *
ti paled, all the relief which the inst*-
tu in could .'ff>id. I’he limited amotin
(and m> capital upon win h discounts could
b<* de. and the provision requiting the
oans to be distributer! among-t tli
c ijies through the Stat ; according to
ah( and ratio, were necessarily prodm
tiv of disappointment to mativ persons
who had a right to expect their apple a
tin dor temporary relief voipd he sue
c lid—The principle ui• n which th
It i k s establish’ and renders an a*,
hei nec tq the limitation iml pensubh*. t
a -ale administration of its affairs, and th
oile r prov ision is so strongly recommended
ly its fairness md equity, that an aban
donment of it would out be jusiitiabl
‘l’ le ability of the Bank to give ext*ndell
acommod r'ion will gradually in reuse b
the collection ut the rh bis ti an-ferred t*
jt hv th’* State. In the man time it
b.'itcr that a few individuals should ,
• its mil, than that the credit of the m-ti,
tution, non connected with tin* curt eucy of
the country, should be minaii.d or eiuLn
gored. Ih it parr of th * chaite
which relates to debts due for land an.<
town lots, purchased from th* S tr
in the year- 1828 and 1821), is defe tiv
—an amendin'lit of the charter or *ddi
fionai distinct legislative provision i in
ces-ay. Neither the purchaser ot “Tate
properly in those years, r.or his assignee
is c mp'dlnl to pay the instalmeuts as
tli l y tnaV become due. The privilege ul
abandoning their purchases at pleasure,
is -ecured t > them —T e first payments
are forfeited and he laud remains übiic
property.- Portions of this land have
been already tbandoued I’hc pi eswnp
li"n is, th ‘t the (ienera) Assembly in
(ended that all pmpeitv thus abandoned,
sin uld he subjected to the power of th
Hank, to be sold on the most advanta
geous terms as part of the capital stork
l ’ * t..-,,vision to that elf ct no
tl .vn> K b li, It .hot,l,| be I„;l .
Hill S- the (<Chn n\ .S.wuujij iiniii nuu,.
o*le r mode of disposing f the pioperty
ohm ■ advantagenu-, the purchase money
b’ tn** m ole payable to ftie institution*
\ improved lot at the l idiuo Springs, < i
tone value, m a decaying condition, h v
ingb en abandom dby the purchase', n
w lentei) by order ol tile Executive f
tin current \ear. Os an institution o
exclusively of l< gislative origin th Ex
ecutive having had no other connec ion
with its establishment than that of gw
ing t > the charier a reluctant asseti
it is a duty to speak w ith becoming
and ference. The us fiji action r a
ft- machine in the political, *ss in
the cilia uai wo Id. dep nds as much
upon wiso „n mgemeni as -kiiful in-mage*
meat. II either is wanting, uqury is me
vi< and) o in a degree always m proportion to
tin* magnituue a* and costliness and the powei
emjdo>ed. 1 hat the Omral Bank may
do much gi oil under a propei m<>difii atom
ol it. charter, a. and witn prudent adinmivS
(ration and its affairs, i- as c early and n on
itrable as the tiuth of any problem in
pobticol economy. hat it is liable to
gins abuses, ai.d may b lag furnmlanl
exd- in it train, can bo s.-t ly asserted
b any one who lias in ukcd the progress
*)1 tner Stat institution.* similar in cltar
aiter and formed with l,ke patriotic,
view*. VVi havi th . aefii . f ex
perience of othei Stales, nd may a id
the n. hs ami qun k iends U| u which
th< i hope* have b mi t .tin,! red. With
out an exception, the St.t? B k institu
tin'** that Inn e be . nine seriously embor*
rasr din their afiiiis, noil produced in
flu 1 1 Ufitr v g t eater distils- lint; th; V
wre created to sJI> vi.it;', on heir fail,
u • to an over anxiety to become pepula
reach that and sued object they hive
extended menu.in datums, witlnut d.s
Cii(Minatic N n, t > almost all applicants, and
m de large dividends a annual pr tits in
and ti.st yt ars of then business, out of an
interest, the principal of which has b.-en
eventually lost by the insolvency of th
‘■ebtm , to whom it was loaned. The
Central hr k untler tin* limitati, ns alts a
d> u cottoned cannot commit thi* error I
J lie-e Imitations Itow ver an bke tiie
teller parts of the charter, liable to alter
at!'n ;it the pleasure of tin In gisiatuie.
W bother it weuid net b* p. u d nt, anti
cipadiijr tlnse fluctuations ~f opinion
everv where occurring, to guard against l
, ,, *”K Pr fc-tpnurus m , xp> riim ntal
in. t-g bv t qwi in* mi ie it .... ;t | )ir .
uajonty io alter the chartei, is * question
most respectfully submitted to the congif-v
er ition of the General Assembly.—Grot- l
er stability will be given to the insiiiutnn,
without danger to the real int- rest ofhe
since it is not to bed mbted fiat
when an amendment of the charter is <*b
vi> uly important and wise, the reqH'te
i majority to ena t it will be without liffi
culty obtained.— Under the act of itcor
ooratioh *it now staods, the President
and Directors are authorised, if uoltetnpt
d to violate the restrictive provisions.
B the 1 hird s etion of the act, tie annu
al taxe received into t e Treasuiury, are
to be tiansterred to th • R ink toaid in its
ox r tions—m ottier words <o become the
> tis of six month loans—Tto money is j
• leve.rihele*’ subj ct to be dpw out to
e’ I gislau > e appropriation. Ail the
( five funds of the State, exc<pt the tax
*s.f-rui ng the B ink appropi ations in a
h ut time must be paid out of the pro
•eed* of the t.'Xes alone, and Tr easurers
i lurks issued >u der -uch odes as the
General /\ semb!y shall prescribe, will be
-üb<titut‘Ml for the t x iioncy in the Bank. |
t o the full amount of tte tax drawn out. i
my the limitation on tte is-ues of die j
t > if*k he annually violated.and the dan
ger to the credit of the instiption will be
mperceptibly increased prec%Hy to toe
i tt amount ot the tax pud periodically
mto tho Treasury. 1 hi- use o.the pub
;e revenue derived from taxation, is
scarcely consistent with thus.- principf s
• P’Ti which pecuniary but tin ought
obe imposed upon the people. Taxut
on m only justiti ibli to meet thenec* s
sitiefi of gov* rnrnent; and if it is ex
pefted that inure money thin the
ex g* ii ies of Tie public seivce may
lequire will be paid under (lie pre
si ot system of tax *tion/i at system
should be changed, toe laws imposing
taxes cep alod oi m dtlied bv . diminu
tion of the sums ass sse l upon the pru
periy of t o people. In plan* of the
third section of the chatter, w ich give*
the use nf h laxi s collected to tire Bank,
I would respectfully recoimn nd that th’
p.-ofits >fthe Bmk u*.d the am uut of i >
teresr paid to it hy public and brors, shall b
annually or semi annually paid ~ver
to the treasurer to defray the ex
’ i", —I ok' f *(s for
; fi *rd to the p rid, not rename, f the
institution should be prosperous, when
t . agriculture of Geoigia. |k . f j la
of Pennsylvania, will be relieved from ad
hrect contributions f r the payment of
‘tate xfiense-. —Copies of the sever.’
Kx rutive orders relative t the Bm k
t the La n ative mu re-pond 'nee with
‘he Fiea-urer, ad wid, th R esident
and Dliectors of the Bank, a>e aul be
bn*, you, that the- various diffi.uli e
whit h have been encountered in carry
hg the law into eff'et and the decisions
u son questions : an* and, m y be known
1 hi se documes ts, with the > port of in*
Preside*.t nid Dir cfor-, w;!| give to th
Gen.-r I Assembly all thei formation ne
rcs-.irv to a full knnwlrdg of (he present
-tat of th I -siitn.ii *n and will er.ab •
them to disiover arid correct anv errors
in the I i\v establishing it, or m the ad
ministration of ?hat la. .
The act to autho<iz the Executive to
ul cube to the Mock of the Savannah
Ogeecht e and \liamah- ("and Conipa
n was duly x ruleand
taken, & the 4yment of th subscription
money gld Out) made In fur bet * xe
. utie oftke pi w given to the Ex* cu
lm*, Col. Kichard W. Stitts wa> .tp.
jct ted a director ul the Board of direc
tmnoltht Corporation, to repip-ent he
interest of the Male. in the success of
the imporUin enterprise, to which ihi
! corporation is tk-'vo ed, the Stale ha
nr w a large pecuniary it*r< st lode
p- ruienl *1 the amount subscribed a
loan ot j£6O,u()o ha* Om* n he<etofore
made to ttie ompany, the rcunnur.,e
meut of wincn is seal* ely to be looked
i< r it the enterprise fails.
Os the p<acf.iiabmty ul the proposed
wink and Us immense utility when bn
isli and, no reasonable doubt can exist.
Ihe ♦ xpt use alieady invurrnl, is com
paratively small, when that in prospect is
considcied. Ia cuiations of cost should
not ob-truct die prosecution of a
gieat wotk tvlieie the oenetit promised
;is of sufti tent magnitude to repay the
{expense. Unless the individuals who
have comm* nc*d lliewmk shall drspair
ot success, ami abandon Pie design, it is
confidently beloved that a full share of
the charge will be cheerfully borne b\
the S-ate, until the line of the canal
teaches the t hattafmehee and forms a
channel of commtinn at'on through the
Mate, Mum, the Cult otMeilCO 3ud
the Atlantic Ocean*
The city of Savannah having conveyed ‘
to the State a lot for th* s tate Arsenal,
preparations are making for the erection
of the building. I'he corporation of Sa
vannah anxious to secure the use of the
the buildmg fur the Ciy Guard, &•.
intended to insert in their deed of on
veyance a clause of reservation. The
Executive having no authority to accept
a deed on other conditions than those
prescribed bv th J Legislatoture. the in
tention wa- abandoned and a conveyance
executed in strict compliance with the act
of the General A-sembly. The corn's
pondence with the corporation and the
papers relating t the \rsenal are present
i ed, that the General \s-embly naav de
termine on the propriety of g* anting the
privileges the Cdy desires to enjoy.
The Budge over the Ocrnulgee at Ma
con has b ,j m sold and transferred to ‘ h-*
corporation of that place a- directed by
the act of 20th December. 1828.
The several Resolution* inquiring the
Executive to transmit the reports of the
last General Assembly, on the subject of
general and state interests t. To g es—-
to the Governor’s of the s*at s composing
the Union, and to our Deleg ton to Con
gres-, were in due si-ason *-x> cut; and
The act for tiv better distnb ‘ion, and
application of the poor school fund and
to point out the mode of accounting so
th*- disbursements of thp Academy and
poor scho I funds, was published in the
puolic Journals, fin the information oftbe
people and the number of copies of the
Report hum tIT jqflnt committee of public
education and free schools, directed by
the Legislature, was transmitted to each
countv as soon as they were received
trom the hard* of the public printers,
Guidry ‘Lisolutions relatix eto the col
lection of debt-, doe ihe State were c*n
side; ed repealed by the subsequent en
aernrnt >1 the law establishing lie Ceil
rid B nk—tho e debts fin m*ng a part of
h api to), aid the control over them
tv mg g ven t*> the President aid Dnect
ors of lira* liist>tut! >n
l i at i!v (ieueral Assembly may be
fully informed ot the transactions of the
~ast y*-a , copies f the cones’'Ond>mc,e
and the Executive wuh the militia office l ”
and the State, and with the Department <d
relative to an Indian alariii <>n th--
frmtieis and to tin- distinction of arm
belonging to th** Slate, bv the cai.imitoo
brea? Xugusta, a e ta.d bol\*r v.hk A
quantity of arms has been placed at th.
and sposal of the Vfaj r G-ueral, eornmaod
mg tbe, 2d division of the militia of
gia. b the Getieral G.*v*rninmt, as part
ol the quota which wil lie due th‘ Stat*
according to the act of Coiturftss, fo*’ arm
ing the militia I’hese documents shibi
’ videoces ol the earn st desire of th
te> eral Government t ’ comply with all
its obligatmn* to Hus section f fie Union
and a praiseworthy vigil i'.ce in our rmb
t‘® offi ers to and iigainst all danger to
the public saf ty
A io, respo donee with the Secretary
f State of the U. S. and with the # >ver
no ot die Stat- and VI ay or of th-> ifity of
Mew Y ‘rk. occasion. H by the abduc
nun ul a leiejguer who sought refuge
here, is aHo communicat’ and. The ze ii
ui-p: yeo by the General Government,
amt by he local au hunting of ihe t'lty
and “ta • ‘>f N- • Y i k, in tlie viudrca
! bon of our Violated lav 8 . will be seen
with pleasure, and li no doubt , he u*e
lul in dt terniut profligate or
persons from SMiuiaf attempt” either in
this State or in ~ry other part of the. U S
The piotest of lieoigia agnnst the Tar
iff P rented to the Set,at’ of the U.
S. at th lasi S. “sion of t-’ongres“, and is
preserved among the archive* of that as
sembly. As yet, no attempt has been
made to i pea! or modify the obnoxious
I ,ws. imposing dunes upon imposts for the
benefit ot the Manufacturers. An effort
at the approaching session of Congrtss, to
reconcile the iuipo-t system rrf the Union,
to justice and the Constitution, is anxious
ly looked for. That it will be at least
partially successful is confidently believ
ed—the more confidently, a* the expert
merit made under the last obnoxious law
has answered the wishes of its advoi ates.
Although deeply injurious to us of the
®°uffi, it ha* as yet poured no go den
showers into the lan of those for whose
benefit it was especially intended.
Under the pleasure of deep distress
produced by an awful calamity the
citizens of Augu-ta add essed themselves
to the Executive, in April last, soliciting
succ> u . A recent fire h:.d converted
the lower part of the city into a heap
id smould’ tmg n in>, lad decoyed in
its iriestsubh lU’ \ In est ail ibe pro
petty of the reauiingin thaij
quarter of th 0 place. The calls of a
rmonunit- *- . cn ibutions to :hv
public treasury had “, n c-mnpar M o’y
so large, and whose sufferings were
severe, could nt be heaul wiihout
respect. nor rejected without piie.
The want of vested power alone pr<y„
vented the Executive from obeying tj :?
impulses of In rmiT, and vestori;. ?
witti do sparing hand, a portion’ of th*
fund heretofore received from that pj*,-.
liftc source. A- it is competent I t!io
General Assembly to mak** donations of
the put)hc treasure, when such donations
are (letnmded by the parential obngati
of the government, the address >f the
committee of the citiz-ms of Augu-'a
and the an-wer of the Executive iire
laid b fore you. wi’h perfect conn 1 ~; o
that the impulses of generou- fi oliijtv
undet the sanctions of justice and pro
priety will net be disobeyed.
Two propositions t< amend the ronp?[.
tution, one from Missouri, to chaog* (he
mod * of electing the Pri ident and Vic n
President, ad to prevent th* election >f
those officers from e e devolving on the
H use if Kepre-eota ive- of tl*e Congress
ol <hc United Si tes the o f her from Lou -
isania, to render the President ineligible,
ad to expend the term of service to six
years; a rep *rt and resolutions adopted by
the G- neral \ssernblv of M*s u i, apor fv
iog the resolution of Geo ga. denvi gthc
rik r ht of Cong ess to ap (opriate money to
aid the Co< *n;zat n Society, ad t > re
port and resolution* of h< L* gislatu-e of
Virgi ia, on the Tariff, and #,n the want
of con-utut o 1 pooer in the Federal
Government to m k int rfiai improve
ments, la-d before the Genera! Assem
bly. in compliun* e with Tie request of the’
Legislature o th e states
UK annu .I si (eiuentsmade bv the -ev
er a I B -ksof th sf,t**; a li-Tof
appomtmei/ts mads during the ?ear, and off
‘he wa ran s dra vu u -on tbe IVeasur- ac •
company this message
C%i>*ain la’ lor,the Su-rvevor'ap no'nt*-'A
u*> ii>! the -es duriop of. he 20r December
1828, to re *urvcv the Mth district of fi*l
-tin, has hot oh: pie red his wot k she
amount of compen-a ion fi r the wor k whea
fi ii-hed is to :.e fixed by the Legislature’
Kid an appi opria oa made for its nay*’
ment
A letter from the Treasure'* and C mp .
troller, among he papers prese ; j w jthi
this me sage, states that sorar fV x This
upon which iym'nt*s rn fuli were made
h ive been rrsoM a- forfeited, the money
pad by the purchasers cannot be rein ti
ed without Legi tative mth.. ity„
With a view to , resent a full exposition
O’ he funds her ‘ Tore approp, fated f > the
improvem t of the navigable waf.'ws in
Uie"tate, lettem o fenquiry were addrees
ed on the, 3d Aug. last, to the B- ... 0 f
ommissionet s to w!\ ra those funds . r ., ri
intrusted. Answers vtcrt* r q. (t . s ? .t
the Ist of October—some of these 0 ?ds
have not v• replied— the answers of
others have b en n vecr.ntiv r vivp ’ V
it has b-eu f om) impta tic ble/top'et r,f e
■•opies of them for th use f th . i , s 1
ture, mu h le-s to gtv eth*m *hat c . fuj
examination necessm to the fulliimm.J <; f
tiie purpose for w >ic th y vver- ,i ht
Ml toe original lepurts that h ,ve been
t ausmitfid to the Ex rutiv. Department
are present* and to the H eies -
bves a” the only moil th at i- |, ft 0 b-'ino*
thesu je t f them immrd af. !y u. and the
inspection of the General Ase by.
I’h-’ ludicrous appearance of !, hudd
ing and voted to the Log ve and R< ; a „
tive D oartments with ds mod- u body
and go hie head, is so striking tha> s o ob
servations can make more obvi u th j ne
cessity of fur Tier external alte a ions.—.
Ihe provoking slowness with ich tha
late changes have been m de. and th- con
dition in which the building is fiou and !.y
the 1 egi-hiture, furnish but sl-nd r -
ducements for additional appropri rdor 3
of money; still, however, they niu t c
sooner or later mad -—probablv c!aesa
inserted in sueteetling contracts, th:v : e
contractors shall for f: it a giv~n per io of
the price stipulated to be’ paidV em for
every
the day fixed for its Completion, w ni l se
( ur. a punctual performance to (he day of
the engagements made*
Ihe house set apai t as th* 1 residence of
the governor will soon reqtrre th iroog’i
I repaii. fherxi>cnsi of making it wil b*?
so great that it is probnble liberal economy
will be consulted bv the erection of at en
tirely new budding on the same >r a differs
ent site. It will not e s cape th< re i ec
tion ot the G -neral Assembly th t in the
orign a plan of the St at of Guv n turn , a
li g q ‘.ire, now a barren waste was de
signated lor the Government House, and