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AM UNIONW. W. CSTtlBIiSW, XMUoinThe 0ovemor’e Message.©esoral lirrasssioN.Tho Governor's Message appears to be upon its fatwyand we believe, is a straight forward, plain, practical document—far superior in style and terseness to the message* which for four year* past havo omautod trotu a higher quarter. Among other things N it seems to show that the new Governor has not yot lostall traces of his former association with a {,on(i8 j^nea uuu cvuuruuuno ©my iu »u cqum-highet aud Wttcr school of statesmanlike policy L deprccmlcd federal note! This system isand principle than that with which fao has popping everywhere all the foundations alikelion of only 810,118,035, or in tho proportion of four dollats circulation to every ten dollars of capital,—ooo hundred and ten NationalBanks, with an aggregate capital of only $21,-313,800, had issued a circulation of$13,10i,200 or about six dollafs circulation to every ten dollars of capital The State bank circulation was not equal half their capital. That of the National Banks was lwo*thirds of their capital. Which of them promotes speculation, extrava. gacca and gambling ** Of which is the circulation thlt;» safest, especially when you reflect that the National Banks are based wholly on a rapidly depreciating federal debt evidenced by bonds issued and redeemable only in an equal-WaslMew DaveMilitaryLignt—ithe W ai coin and General dent wilin PeraoEXTEItMi:fortunately been lately associated Our readers wllljhave already become familiar with tho facts and figures o( ,lli* documon which tbore is no reason to doubt co far as they relate to State affairs, and as to which*having no bettor informrtion, we arc neitherdisposed to cavil or question. We propo‘* totake a cursory view, however, of certain supposed indications of general policy in referenco to which there has been much public solicitude and an interest mqro or loss general.LUNATICS IN COUNTY POOR HOUSES.The Governor well say3 that tho time has arrived when some different provision should be made for these poor unfortunates, many of whom are already incurable and many likely to become so from defective treatment. However good tho will of those in charge, it is scarcely possibie that in, the County Poor Houses any of these cases should receive that caro and skillful treatment which a State institution could give.INDIGKNCC 0D H S LFLTSS9N KSS. $Mr. Fenton properly calls the attention of the Legislature to “ tho increasing demand for benevolent action, growing out of tho grot struggle in which the nation is engaged. He speaks of “ tho women, children, aged and infirm,” whom the enlistment of tho able-bodied has 41 left in Indigenes and helplessness.” Ho speaks of still another class of once able bodied men, not within the general ml os for tho receipt of pensions and yot “ thrown directly from tho camp and battle fieold upon the charities of States, communities apd individuals.”There is no double that tho war has now so greatly enlarged the numbers of all these classes that they demand a special place in every Governor's message and the special attention of the Legislature, It is equally certainF reof public and individual credit and security, and no man, however cautious and sagacious, can wholly avoid being drawn into a maelstrom of ruin and wreck.FAYIJTO DEBTS, 'Sound financiers will hail tho enunciation oftho following just oriueiple, and hope for itsprova.ler.co, alike in Stale and Foderal affairs* * The practice of payingdosls, instead of borrowing to pay, should be observed by governments as well as by indivi-. duals, and especially should the rule of prompt I payment of interest on debt from ordinary resources or taxation never be departed ftom except in unexpected emergencies,Everybody now concedes that if this rule'cf“ paying debts instead of borrowingcto pay15had been from the beginning the rule of thefederal government and adequately sustainedby prompt taxation, the tuxes which now leaveus annually fivo hundred millions more deeplyin debt than wc were the year provious wouldhave sufficed to keep us wholly out of debt and®»ir currency sound and undcpieclated.The lesson applies equally to county andState affairs, A prompt taxation “ to payr*debts ” will preserve us from that ill condition into which “ a policy of borrowing to pay ” will certainly plunge us, whea our bonds will become unsaleable and the heaviest endurable taxation will scarcely suffice to pay the interest on tho county debts.FURTHER TO-TilORBQW,The length to which this article is already protracted, compels us to leave tho notice of other points of the new Governor’s indications of policy for further consideration to-moirow.Editorial Change,Mr, Coorge J. Gallagher, Editor of the Oswego Daily Palladium since its renewal, an-tbatthey ought not to be left to the irregular j ^ounces, as we regiet to notice, his retirement%#««£«*V nw w f CUUhWa, no wo iand uncertain operations of that charity which ftom lliat paperlt;is dealt out to the spendthrift, tho pauper and j r Gallagher wields a vigorous as well as a the victims ©f dissipation and vice, They do-1 judicious pen, and we regret his loss from the tnand, and hafe a right to demand of ub, jus j Dotaocratic editorial corps.tice,—that justice which compensates them,vso far as money is a compensation, foriwohnds and feebleness and disability, for the loss of the father, the sou or the husband, who was qheir stay and support, The experience of every Overseer of the Poor, indicates the fear-Tul increase of this class of dependents on public bounty. We do net see in the Message, any 'Specific “plan presented for their relief. That is doubtless left to •* the wisdom of the L*gisla. tare”THE STATE AND FEDERAL BANKS.It has beqn long known that the federal gov-'ernmeot was seeking to con'contrte in its own hands all control of the banks and the money ’power of the country. New York, with her imperial power, vast capital and patriotic bankers, has hitherto stood as the great, barrief to this scheme of federal usurpation and consolidation, * -Ho who commands tho purse and the ■capital of ft country, must command also its •sword* and'all'else. From Mr, Fenton’s ante--i *'Cedent training in the school of State rights*U may hiy© been not unreasonably hoped to some extent,that New York would be in the future a no less stable bulwark of State banks and State rights, than in the past. This illusion, however, is dispelled by the message, •which somewhat hesitatingly declares, that “ under those circumstances it would seem to be the dictate of wisdom on the part of tho Legislature, to grant such facilities for tho change (of State to National banks—Editor) as Shall be within Its constitutional power,”It is refreshing to hear in theso clegenerats days, a Republican Governor refer respectfully to the subject of constitutional power1” It Indicates, wo trust, thdt at least so far as this State is concerned, there is to bo something above the higher law, and that this something is the State and tho Federal Constitution, To the extent that Governor Fenton permits him-seif to be scrupulously governed by the letter and spirit of the State and Federal Constitutions, ho may; expect from the Democracy a just and liberal support. For our own part, we aro not prepared for extensive mourning over any actios which toe Legislature may take onA cumin bota in reg; uatton ©ft! ly alarmingbe brought sembles.General that he ma the campai ring the pa of having t tends, in fu one army, rmies in t ne army a General-in-President a General ^Hadividual ha star was be Grant,But he st the highlyvisor of the This is i duties aro 1 bo said to disposal.But he President, sometimes other time for month are alwryswhatever 1 leek reeeo and foriltv tion.-The best leek and C Haileck ai Indeed, time the f( Gen. Hall leave the i ed from i ise to ma! advisor.It is felt fcers of tl themsolve: specie, the dent, and the appoi: high rank ly last wii'tion.And the Grant, is chosen to and.amon ublicans lt;mananemThe fe« strong or cation atthing wei ersedure It will ce fined to t toward I MoasuiA man of cultivated mind and manners, of sound principles, of long and varied experience iu connection with Democratic literature, we as cordially hailed his accession to the Demo-crattc press of Oswego, as we now lament the sailed necessity of the withdraws). I ^ourMr, Gallagher in announcing the reason of I jff*j pictu his retirement, gives also the^following hope’ ful view of the success of the Palladium under his management, in spite of the growing difli culties which have environed the publication of newspapers generally:Although the undertaking of reviving the publication of the Daily Palladium, assumed, in connection with Mr. S. H. Parker, but little . more than a year since, has not been found suf P01*3* °* fioiontly remunerative, in a pecuniary point of ‘ rafted of view, to warrant his longer association with it, it is a great satisfaction to be able to say to its readersthp.t in that brief period it has be come m point of circulation, the leading paper of the city, while its weekly edition has ex tended its circle of reading more than five fold. mSince, foe commencement of the undertaking, its circulation has constantly and steadily advanced, and is now considerable larger than that oi any paper in the county,This evidence of public approval^, in itself a source of great satisfaction, but, unfortunate ly has not brought with it that pecuniary,, com pensation'which, 10, a newspaper, is the very life blood of its existence,Messrs. Parker and Brigham in their salutatory address to the public thus fittingly acknowledgo the’efficient services of tho retiringeditor.particulafrom the In a v that he v the camp in-chief ( members clear bin sue of mond In public w that Gen campaigi glory thf great d« and as t ate for elaimer. The lt;more thi with the than evlt; the whit of all sis masters, new cam The p the ProTho publsshers regret exceedingly to part with Mr. Gallagher—whose valedictory will be found above.We freely acknowledge that the reputationwhich our paper enjoys is mainly owing to theability and industry which have marked its editorial department. . _. , tTftceivecIt is certainly to be regretted that a man of I xhose gMr. Gallagher’s qualifications should be lost | those tbthrough inedequacy of eampeusation fiom the ranks of Democratic editors. But that regret is diminished in this case by the fact that the Pal ladium still retains in its management vigorous and effective writers, one of whom at least Mr.Parker is trainod by the experience of a quar ter of a century as a newspaper writer andTenneaswill sot those Ethis subject, for We havo considered that the I publisher.re-election of Liucoln and ^f a‘partisan Congrcss to support him, has settled that tho Statebanks must either close their business or turnthemselves into wild-cat National Banks, They*havo tbat choice still.Tho Governor errs in asserting that the essential features of our State banking system have beeQ adopted iu tho act of Congress or-Tbe Palladium ia hereafter to be publishedwith a slight diminution in its size, and wfi)contiduo to deserve and receive the flattering patronage with which it has been heretoforefavored.Alike to the retiring and the continuing ed itors and proprietors, we extend our cordial wishes for their success ia their respectiveMr. ( (Adami day, tl Marsha in a M offenseUttVD uvcu ttuuuuvu IU VMW auu Vi vuuEtooa V*- 1 s , .. Ml,.• ^ mi i ..^ spheres of action and duty. Mr. Gallaghergam zing the National Banks. The most vital 1 . and esaeniiul feature of that system has been changed,—that of reqiririog^prompt redemptions of currency iu gold and silver. The National bank rags are redeomablo la other rag money—the depreciated Federal -legal-tender Greenbacks. It is .the necessity of receiving all this irredeemable trash in payment for State and County Bonds and State bank debts that sweeps all other credits down to tho low level of tbs credit of tho National currency and National bonds. But for this, the State backs generally couldhav® redeemed thoir cur-rency in gold aod silver, and their notes and tho stocks of the State would have stood at par, not with any rag money, but with the standard currency of the ^vorid, gold and silver.That the 'National banks are rapidly doiav«, the work'of Inflating and depreciating this rag monay/^TCuiitlon, |s decisively shown by the, message. Thus it appears that while two hundred and ninety-five State banks, with an aggregate capital of $107,306,948, had a circularwill doubtless employ his pen hereafter in the service of some of tho New York ■'newspapers or publishers.Mast and 1,cost ofThei were t cipatfcA Vigorous Pursuit. 'Up to tho night of the 224, General Thomas hcadquartera had not reacbod Columbia.— From the morning of the 15th—that of his first attack—ho had, therefore, not advanced forty miles iu eight days.“A pursuit,” his movement, therefore, was certainly not, it was an advance made, clearly, with a caution that shows the enemy in its front to havo been one of dangerous power of offense.Tho Comm to reg liverec that tl mannisingleThe natioi day c erty,’VThe Enrollments.iTown officials everywhere, especially in our own county, shouldsseolo this. It will be seen by the Governor’s figure*, elsewhere published, that trar Democratic official* had tho matter so well attended to last year that our quota was but little In excess of tbat of New Englaud^-XborqAgh action mow should produce still better results, and save the county many Able-bodied men, much needed at borne, and largesums of money,JC*rnmbdredmoAddre:otiiTODESP ia tof yaaxs crfitc addrei idecsIVB«c#l
Newspaper Details
Syracuse Daily Courier and Union
Syracuse, New York, US
Fri, Jan 06, 1865
Page 1
Full Page
Clipped by
Anonymous
USA 18 Aug 2020
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