EGoVERNoR's MESSAGE.
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FsILow ClrIzENs-The Constitution makes il
my duty to communicate to you the condition Of
the State, and to recommend such matters for
your consideration as shall Judge expedient.
demanding legislative supervision, protection and
aid, impose vast responsibility upon the LegsIa-
ture while, to present their0conditon so fully to
Observation-Disclosures a nj Calculated 10 lead You TO WISE
andj Just conclusions, ia task not less responsible.
It is one upon which l enter with diffidence, and
yet make the attempt cheerfully, feeling that the
duty has been assigned to me by constituency al
ways indulgent to honest effort and upright inten-
ton, and which never demands from public ser
want than, thus aided and directed, he 10 able
to perform.


The great and leading subjects Of legislation are
no intimately connected with the state of our
finances, to render it proper to examine first the
financial condition Of the State.


Our revenues are large, and should be ample for
State having only the expenses OF its internal
government to meet. If they prove unequal to our
necessties, the inference will be almost unavoida-
BILE that errors now exist, or have existed, in our
financial policy and legislation.


A general view of the current annual revenues
of the State, taken together, according to the re-
ceipts OF the hscal year, ending on the S0th Of
September last, is as follows -


The total amount Of receipts account Of the General
Fund, including the whole Of the State tax of one mill
on dollar, ana deducting the sum receiv-


ed for temporary loans, was. ...... ,07S,2A9 ol
The entire revenues Of the anal Fund, in


cluding all the receipts for tolls water


rents, and interest, for all the canals,
Tho revenue: Of the school Fund proper,
The revenue. Of the ii,.rs,urs Fund were 40 5.
The Of tho United States Deposit


Fund after deducting $lO6,4la So trans


ferred from revenue to capital, were.. 2s7 So4 26


Making total Of. 49,. 50 a.sls.As ss
Various other funds which produce revenue, IN
the form Of interest upon moneys invested, will be
found mentioned in the fiscal reports. such as the
Bank Safety Fund, various special sinking funds,
he Mari Eun nd fhn In all IF fvvhi
are in their character, trusts in the hands Of the
State, for specified objects, in no way connected
with the revenues and expenditures Of the State
The revenues before enumerated are those which
enter nto the annual expenditure of the State and
constitute the means for those expenditures, and
nature, ascerained by the actual receipts of the
last fiscal year. Some portions OF these revenues,
with the funds from which they are derived, are
pledged by the constitution to particular objects,
and are beyond the power of the Legislature for
any other application. Such il the eniire capital
OF the Common School Fund proper, and its reve-
nues The capital Is made ga perpetual fund, the
interest of which shall be lnviolably appropriated
and applied to the support Of common schools
throughout this State So the tolls collected upon
the Erie and Champlain Canals, with the fund
praperl.. deneminated the Canal Fund, are consti-
tutionally pledged for the payment Of the interest
and The redemption of the principal Of the debt
contracted tor the construction OF those canals.
Other OF these revenues are, by permanent lays,





rature Fu,d, the revenues Of which are expended
IN aid Of the Incorporated academies of the State
The revenues Of the United States Depos;te Fund,
also, are, by permanent law, appropriated to OBJ
jects of education specified charities and what
ever changes may be thought expedient or Just, in
the distribution Of the fund to the specified OBJ.
Jects. 1t is not supposed that diversion of these
revenues to any other general class of objects Of
expenditure will be contemplated
This presentation Of all the revenues of the State
collectively, with bref explanation as to fhe
portions specifically apart by the constitution or
the laws, for exclusive application to particular OBJ
jects, it is hoped may enable those not minuteyac
quainted with our financial arrangements the pet
ter understand, upon separation Of the various
parts how far are in fact within the DISPOSE
ton Of the Legislature for general and miscelane-
Gus objectsof expenditure.
The entire amount of from the Ave funds a be-
fore presented, ,is................S H. % 0l3 4SB Ob
Deduct from that aggregate the revenues Of


the School Fund proper constitutional.


ly pledged to the support Of common
The revenues Of the Literature


Fund appropriated by law in


aid Of academies. ......... l6,490 -
The revenues OF the United


States Deposte Fund, appro.


priated by law to common


schools, academies colleges,


and other purposes of educa-


tion, and the New Ysrk Eye
lnhrmnry. ........ 2O,S0A 70


