Harper's New Monthly Magazine, No. IX.—February, 1851.—Vol. II.Various
General
Harper's New Monthly Magazine, No. IX.—February, 1851.—Vol. II.
Various
American literature -- Periodicals; Civilization -- Periodicals; Culture -- Periodicals
closes by urging the necessity of amending the present Tariff, so as to
make it more protective, and of making more effectual provision for
improving the rivers and harbors of the country.
Gov. WRIGHT of Indiana transmitted his Message to the Legislature of
that State on the first day of its session. The expenses of the State
Government, for the past year, were $83,615.10. The whole amount of
revenue paid into the State Treasury was $450,481.65. The total value of
taxable property, as returned for 1850, is $137,443,565, which is an
increase over the previous year of $4,014,504. The entire population of
the State is about 988,000, being an increase since 1840 of upward of
300,000. The total valuation of real estate and live stock, exclusive of
other personal property, is about $200,000,000--being $63,000,000 over
the entire assessment for taxation. If to this be added other
descriptions of personal property, the entire State valuation can not be
less than $250,000,000. The Governor estimates that by the year 1852 the
State will be able to appropriate the sum of $100,000 to the payment of
the principal of the public debt. It is believed entirely practicable to
liquidate the entire debt in seventeen years from the first payment.
Works of public improvement are progressing rapidly; there are 400 miles
of plank road, costing from $12,000 to $25,000 per mile, and 1200 miles
additional are surveyed and in progress. There are 212 miles of railroad
in successful operation, of which 120 were completed the past year; and
more than 1000 miles of railroad are surveyed and in a state of
progress. The Message strongly recommends a scrupulous fulfillment of
all the obligations of the Federal Constitution connected with slavery.
In the FLORIDA Legislature resolutions have been passed, declaring that
the perpetuity of the Union depends on the faithful execution of the
Fugitive Slave law--that in case of its repeal or essential
modification, it will become the duty of the State authorities to
assemble the people in convention, with a view to the defense of their
violated rights; and that Florida, in acquiescing in the Compromise
measures, has gone to a point beyond which she could not go with honor.
The ILLINOIS Legislature met on the 7th. The Message of Governor FRENCH
represents the accruing revenue as more than sufficient to meet current
demands on the Treasury. The entire debt of the State is $16,627,509.
Unsold canal lands are expected to realize $4,000,000. The Governor is
in favor of homestead exemption--declares against all bank
charters--recommends the acceptance of Holbrook & Co.'s conditional
surrender of their charter to build the Central Railroad, and its
disposal to the company that offers the best terms. He speaks favorably
of the "Compromise Measures," and says that they will be faithfully
observed and obeyed by the people of Illinois, as the only means of
restoring and preserving harmony.
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