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Proceedings and Acts of the General Assembly, 1866
Volume 107, Page 372   View pdf image (33K)
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4

the duty of calling you together in advance of the time ap-
pointed for the regular meeting of the General Assembly.
In providing for this necessity, I shall avail myself of the oc-
casion thus offered, to bring to your notice, other and per-
haps not less important measures of domestic policy, which
I feel justified in submitting, for your action at this time.
The period within which your session is limited by the Con-
stitution, renders it proper that in any recommendations I
may feel it my duty to submit, I should confine myself to
such only, as I deem of pressing and urgent necessity, in or-
der that no time may be consumed, in the discussion and con-
sideration of' other measures, which however desirable, may
without detriment, be postponed to the regular meeting of
the Legislature, in January next.
THE FINANCES.

In dealing with the Finances, I cannot impress upon you
too great caution, in giving your sanction to appropriations
entailing additional burthens upon the people. This would
be the dictate of prudence in any condition of the Treasury.
At the same time, I should feel, that I had not discharged
my duty, if I did not urge, as clue to the position and credit
of the State of Maryland, the adoption of' a policy, justified
your undoubted ability and resources, and commensurate
wit whatever may be required, not only in maintaining your
reputation for public spirit in the past; but in pressing for-
ward such reforms and improvements as may be demanded by
the change in your organic law and the example of' your
sister States. Appropriations judiciously made, do not
necessarily involve onerous taxation, and experience abun-
dantly shows, that true economy is sometimes to be found,
in a timely and liberal use of' the public money. In tracing
the origin and progress of our present State debt, we find it
referable, in a great measure, to the necessities of our geo-
graphical position. Maryland, more perhaps than any other
State, required the free use of capital. The value of the fa-
cilities which she offered, depended upon development, as
much so, as the products of her mines, depended upon the
labor necessary to make them available. There were states-
men of enlarged views in those days, who appreciated the
difficulties of our position, and foresaw in the liberal use of
the public credit, the great results, which have since confirm.
ed the wisdom of' their action.
It is a fact worthy of note in this connection, that the Act
of June 4th, 1835, appropriating eight millions of dollars to
works of internal improvement which brought into the State
in a trying crisis a large amount of capital from abroad, gave
the first vigorous and decisive impetus, to the growth and
prosperity of the State of Maryland. But for the encourage-


 

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Proceedings and Acts of the General Assembly, 1866
Volume 107, Page 372   View pdf image (33K)
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