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STATE OF MICHIGAN.

No. 1.

LEGISLATURE, 1857.

GOVERNOR'S MESSAGE.

Fellow Citizens of the Senate and House of Representatives :

I have again taken the oath required by the Constitution, and promised faithfully to discharge the responsible duties of Chief Magistrate of the State. I have been called to this high post by a renewed manifestation of the confidence of the people, expressed in such an emphatic manner as to awaken the most grateful sense of my obligations to them and an earnest desire to devote all my energies to the interests of our beloved State, and the welfare of its inhabitants.

In communicating with you in conformity to the requirements of the Constitution, it is cause for congratulation, that the State for the last two years has rapidly advanced in population, in wealth, in the development of its resources, in educational facilities, and in all the elements of progress, which affect the prosperity and happiness of the people, and tend to greatness and renown. A kind and beneficent Providence has also showered upon us his mercies and his blessings. No pestilential or epidemic disease has visited our borders; and unusual good health has prevailed in every section of the State. The agricultural staples have been produced in abundance-all the branches of trade and commerce, and business have prospered-a steady demand has existed for all the pro

ducts of industry and skill at highly remunerative prices-a sound currency has uniformly prevailed, and the laborer has been sure of his reward. A religious community should not withhold a tribute of gratitude to the Author of all good for this rich bestowment of his bounties.

STATE FINANCES.

The reports of the Auditor General and State Treasurer will give you a detailed and exact account of the financial condition of the State. The amount of money in the hands of the State Treasurer on the 30th Nov., 1854, was,

And the receipts for the year ending Nov. 30, 1855, from all sources, were...

$553,004 08

588,396 93

So, that the available means for the year amounted to $1,141,401 01 The expenditures during that period, amounted to..

Leaving in the treasury Nov. 30, 1855,

The receipts into the treasury for the year, ending Nov. 30, 1856, were..

So that the available means for the last fiscal year have been

---

The expenditures during the last year have been .. Leaving a balance with Treasurer on the 1st Dec. last,

Of the amounts charged in the expenditures, there have been paid in the years 1855 and 1856, of the principal of the public debt,...

And of the interest on the public debt, including that paid on the trust funds,

This interest has been increased in 1856 over 1854, On account of the constant additions to the principal of the trust funds, and the new bonds issued for the unadjusted portion of the 5,000,000 loan, which interest was formerly added to the principal.

Under the act passed by the last Legislature, requiring the State Treasurer to require five per cent. interest upon

the moneys of the treasury, deposited in banks, there has been received in the year 1855; for interest,.

And in the year 1856, .

Making in the two years,

624,777 88

$516,623 13

511,271 70

$1,027,894 83

639,879 06

$388,015 77

140,327 12

253,506 12 47,855 33

29,928 43 21,699 34

$51,627 77

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