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1875 JANUARY 5. LEGISLATURE, NINLIY-ETH SA -×

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SAMUEL J. TILDEN, Governor.

ANNUAL MESSAGE.

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Ельсунув (ТАМЬЕВ,

ALBANY, Jan. 1875.

TO THE LEGISLATURE. At the advent of a new year, when the public bodies assemble, to consult in respect to the affairs, and to transact the business of the Site, our first thought should be, to of up devout thanksgiving to the Supreme Disposer of ets, for the blessings which we once enjoyed during the year row closed. Our great Comnwealth comprises a population of more than four and f millions-largely exceeding tha' of the whole United at the formatica ott fleral government-and vastly more e an diversified interests vities. Our sense of day ought to be commensu The magnitude of the trust conferred upon us by e. Forming, as our State does, so important a part of the American Union, the benefits of an polity, of wise legislation, and of good administr not cofied to our own citizens, but are felt directly and by their exa ple, in our sister States, and in our national reputation troughout the world. Mindful, with you, of hese considerations, I proceed to perform the duty enJoined by the constitution upon the governor, to "commuricate, by message to the Legislature," " the condition of be State," and to "recomme i such matters to them as ⚫ shall deen expedient."*

Const. 1846, art. 4, § 4.

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1875. JANUARY 5. LEGISLATURE, NINETY-EIGHTH SESSION.

SAMUEL J. TILDEN, Governor.

ANNUAL MESSAGE.

EXECUTIVE CHAMBER, ALBANY, January 5, 1875.

TO THE LEGISLATURE.- At the advent of a new year, when the public bodies assemble, to consult in respect to the affairs, and to transact the business of the State, our first thought should be, to offer up devout thanksgiving to the Supreme Disposer of events, for the blessings which we have enjoyed during the year now closed. Our great Commonwealth comprises a population of more than four and a half millions-largely exceeding that of the whole United States at the formation of the federal government — and embracing vastly more extensive and diversified interests and activities. Our sense of duty ought to be commensurate with the magnitude of the trust conferred upon us by the people. Forming, as our State does, so important a part of the American Union, the benefits of an improved polity, of wise legislation, and of good administration, are not confined to our own citizens, but are felt directly and by their example, in our sister States, and in our national reputation throughout the world. Mindful, with you, of these considerations, I proceed to perform the duty enjoined by the constitution upon the governor, to "communicate, by message to the Legislature," "the condition of the State," and to "recommend such matters to them as he shall deem expedient."

a Const. 1846, art. 4, § 4.

RECEIPTS AND EXPENDITURES.

The receipts into and payments from the Treasury, on account of all the funds, except the Canal and Common School funds, for the fiscal year ending September 30th, 1874, were as follows:

Receipts...

Payments.

$26,465,370.43

19,636,308.36

Balance in the Treasury Sept. 30th,

1874...

......

$6,829,062.07 The available balance amounted to... . . .. . 6,494,881.44

the difference being made up by the defalcation in the State Treasury in 1873, of $304,957.91, and the sum of $29,222.72, being an old balance due from the Bank of Sing Sing.

STATE DEBT.

On the 30th September, 1873, the total funded debt was $36,530,406.40, classified as follows:

General Fund . ... ... ..

Contingent (stock issued to the Long Island

Railroad Company)....

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$3,988,526.40

68,000.00

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During the months of August and September, 1873, stocks of the Bounty Loan were purchased to the amount of $306,000, but not canceled until after September 30th, 1873. Deducting this sum, the bounty debt amounted to $20,815,000, and the total debt to $36,224,406.40.

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