2G. Tn a'Vcrjsesi ivn \h(\ 'isinl rcaditi^or final pas- eng" ofab'll or rtBolp.ficrii wijt'n i\w s«Mii»t«* ghall 1)© efj'i illy (livl'Icfl, the bill or rcsoiutioo Mhall !>« concii' tl rf i! n« l(i«it.
Ovrh'red, That lliiify copies of said rules be printed Tor tlw use of the senate.
A ineSfiagu wa,'^ r'-ceii-f-d trcin I'.i:^ <>vcr-:ir '.^f)V<i*rrtOr
bythe secretary of siai ¦, which was lufir-.i m^j and read, as follows :
J'";-: /. i.'-j:y CnrzEtfS of THE SKHATRt jiiVo House OP*Mbp^brskntatif^t-';.'
Tteceive my cuo'^raiufiitinhsji^n the public approb'itiyn, whidl distinguished yon at the laio clertinn; by rcpoiins: in your virtue and talents, one of the most ii|ipottarit trueti, tli*tairee p0iii|de can confide. , '
Diring the reces*^, few occurrences have transpired, that require to be imparled by the Kieculive., 'I"he nbject.-* ofA genrral niture, requiring legislative provision, do not appear to lie numerous; but some of them are iiiiportaBt; and de¬ mand fi ron'ftspondins; «lT>;j;rHe wf carefpl iiiveaiigatinn. Aiinng thes:, the pdhlic fiii«nccs, as uaou!, demand an unremitting vigilance; si sice no system, of IJIWcinil, can be imagined, in¬ capable of improvement, or which chaugiog circumstances may not affect. ^
The report nf the Treasary Officers will ©xliioit, that, with trifling e?:ceptioos, the appropriations of last session have been sufficient fur flje current f spenres of government; and thai: an unex|u"ndcd bahnce remains in the treasury of-abont thirty- two thousind dollus.'
The nominal amount of taxes reccivedi-and exprcte«i iot» the state tr^nsury, would indicate its pi ttsperous condition j were it not, ¦ y of the bank bill*, which coUcctors are
compelled to . tf thr-cwMertion tie effeirfcd, are in a la^
men table sitate of depreciatiuo. "J'heir !e&sen<*d estimation in public opinion, enhancing the price of every article above its specie value, oppresses various classes of tfie commanity, af¬ fects the public creilitorm, and cannot fail of consideiraibie in¬ fluence on our fiscal operations.
.Very little doubt appears to be entertained, that this pecu¬ niary embarrassment lias been hastened, by the operations of the Bank of the United States; but the leading cause, 1 sus¬ pect, will be more successfuUysought, in the too extensive and injudicious use of their credit formerly made by some of the state banks, which induced speculations, on the partot their borrowers with hopes too san2;uine to be reali/.cd in times like the present. These c^iuses combined witfi an adverse baiaacc