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On leave, Senator Muench introduced
Senate bill No. 1, entitled

An act explanatory of an act entitled an act to encourage immigration to the State of Missouri.

Read the first time, rule suspended, read the second time, and, on motion of Senator Muench, referred to the Committee on the Judiciary.

The President announced as members of the committee, on the part of the Senate, to wait on the Gover nor and inform him of the organization of the General Assembly, Senators Hickox and Muench.

After an absence of some time the committee so appointed returned and submitted the following report:

MR. PRESIDENT: Your committee, appointed to wait upon the Governor and inform him that the Senate was now organized and ready for the transaction of business, have performed that duty, and the Governor reports that he would soon transmit to the General Assembly a communication.

Senator Bonner offered the following resolution :

Resolved, That the Doorkeeper is requested to supply each member and officer of the Senate with one hundred three cent postage stamps, to be paid for out of the contingent fund of the Senate.

Resolution read and adopted.

Senator Frost offered the following resolution :

Resolved by the Senate, That a committee of three be appointed by the President to revise the rules of the Senate so as to conform and harmonize with the new Constitution.

Resolution read and adopted.

The President appointed as said committee Senators Frost, Harrison of Marion, and Howland.

A message from the Governor, by his Private Secretary, Colonel Waite, was received.

The President laid before the Senate the following message from the Governor, which was read:

SENATORS AND REPRESENTATIVES :

Since your adjournment in February last, the mightiest of events have transpired in our country.

The prediction made in my first communication to you, that the ensuing spring-time would bring the final blow to the Great Rebellion, was verified, and the conflict was brought to a close in a manner entitling the men who won the victories of the Union to the lasting gratitude of the nation. The supremacy of the national authority has been triumphantly asserted, and its permanence definitely and indubitably assured.

The joyous ringing of bells in celebration of this grand consummation was suddenly changed to the tolling knell for the loss of our President, the good and the true, whose most foul murder constitutes the last chapter in the record of the slaveholders' war, and will furnish to the peoples of all the future the most conclusive evidence of the diabolical purposes of those who aimed the deadly blow at the life of liberty, and drenched the whole land in blood, in the hope of dedicating it forever to human slavery.

Fortunately for the nation, the law made a successor to Abraham Lincoln, in the person of one who has, by a life-long struggle with the aristocratic and domineering spirit of the Southern slaveholder, learned to rely upon the virtue, intelligence and power of the masses of the people, and been made alive to that genuine philanthropy which seeks to widen the liberty and elevate the condition of every human being.

We have great reason for thankfulness to the Giver of all blessings, that in our own State the alarms of war were hushed in the stillness of a peace so profound that we have only been able to realize it by the evidences of a returning prosperity seen and felt on every hand.

You have reassembled under circumstances calculated to inspire high hopes in the breast of every true citizen, and which call for the earnest efforts of patriotism and statesmanship towards securing to our State that greatness which a mere partisan view fails to comprehend.

Your present action will probably affect some of the great interests of the State far into the future, and must augment or diminish in a large degree the prosperity which is just now opening up to us in our new-born day of liberty and progress. Coming, as you do, immediately from the people, , with whom you have mingled since your adjournment, you are well prepared to reflect their intelligent views, and carry out their honest purposes.

I shall as briefly as possible avail myself of the constitutional privilege of giving you such information relative to the condition of the State Government, as will, in my opinion, aid your labors, and of recommending to your consideration such measures as I deem necessary and expedient.

The most important of these relates to the subject of our finances.

The State Treasurer reports the total receipts into the treasury for the fiscal year ending September 30, 1865, at $2,463,909.03, and total expenditures at $1,854,661.77, leaving a balance in the treasury of $609,247.26, of which balance $105,535.28 is in currency, and $503,711.98 in Union Military Bonds and other issues of the State.

The total bonded debt of the State, exclusive of bonds loaned the several railroads, is $602,000, of which amount $102,000 matured in 1862 and 1863. For these matured bonds I have, in pursuance of the act of January 2, 1864, exchanged new bonds, having twenty years to run, to the amount of $260,000. The bonds thus taken up have been delivered to the Auditor to be canceled.

In pursuance of the act of February 15, 1864, I have made settlements with the following named banks : Bank of St. Louis, Exchange Bank, Farmers' Bank, Western Bank, Mechanics' Bank, Merchants' Bank, and the State Bank. I found the aggregate of bonus due the State by these banks to be $181,461.63, including interest, and that they had advanced Governor Gamble, inclusive of interest to settlement, the aggregate sum of $121,699.80, and have paid into the State Treasury $117,010.97 in money and coupons of bonds held by them under their charters. The bonds are in course of preparation for the balance due by the State to these and other banks which hold Governor Gamble's checks for portions of that loan.

Under the act approved March 2, 1861, I have signed and delivered to the proper officer sixty-seven bonds of the State, to be exchanged for

seven per cent. bords of the Pacific Railroad, guaranteed by the State for the construction of the Southwest Branch of the Pacific Railroad.

I herewith transmit a statement of the State Treasurer, showing the condition of the State Interest Fund. The total amount of bonds of the State loaned to the railroads, including the bonds guaranteed by the State, is $23,701,000, on which the accrued and unpaid interest up to January, 1866, will be $6,316,090, the annual interest being $1,307,850.

In my inaugural message I made some suggestions in reference to this indebtedness, and a committee was appointed by you to consider the subject during the recess. The restoration of the credit of the State, by providing for the over-due interest on these bonds, without creating an additional burden of taxation, is a question of the highest importance, as is also the securing of a resumption of the prompt payment of interest, as early as it can be done with certainty of continued ability to maintain such payment in the future; and these considerations may induce me, during the session, to communicate specially to you my views in reference to those questions.

The total amount of Defense Warrants and Union Military Bonds issued for the pay of the Enrolled Missouri Militia for services rendered prior to the 10th of February, 1865, including the loan by the banks to Governor Gamble to purchase arms, together with interest on said bonds and loan to this date, is $7,046,575. The appropriation made by the act of February 20, 1865, will fall short of the amount due the Enrolled Missouri Militia for services up to that date, the sum of say $500,000. There is due the Missouri Militia, called into service at the request of Major General Dodge, commanding the Department of the Missouri, including expenses attending the enrolling and organization of the militia, say $500,000. There is due for irregular claims and the Quartermaster's Department, say $250,000.

I have caused all the evidences to be prepared for again presenting the claim for this debt to Congress, and confidently rely on the justice of that body for the reimbursement of the State in the sum we have thus been compelled to expend in defense of the flag of the Union.

Our railroads occupy the foreground of the picture which reason and experience present of the coming greatness of our State.

The completion of the PACIFIC RAILROAD to the western line of the State, is a subject of sincere congratulation. The business of this road will exceed the most sanguine expectations; and though its earnings are pledged till 1871 to pay advances made for its completion, we may rest assured of the prompt payment, after that date, of accruing interest on the bonds loaned the road by the State. The State has been liberal in assistance to this great enterprise, and the men who have brought it to a successful issue, by the use of their time and individual credit, made it a first class road, and secured the State beyond peradventure from ultimate liability for any part of the $7,000,000 of bonds loaned to it, may well be proud of their achievement. But the greater praise is due the liberal people of St. Louis, whose crowning act of public-spirited generosity gave the last loan, without which it could not now have been completed.

THE SOUTHWEST BRANCH RAILROAD has, by mere operation of law, become the property of the State. I recommend that provision be made for disposing of it on terms which will secure its completion. I need not urge the importance of opening a highway to the southwestern portion of our State, for the thousands of immigrants who are looking thither for homes, and who, finding there all they desire in the way of resources and advantages, would soon, by their enhancement of the taxable wealth in that region, amply compensate the State for all liability assumed in the construction of the road.

The liability of the State on account of this road is $4,500,000, with over-due interest, say to the 1st of January next, amounting to, say $1,350,000. To permit this interest to go on accumulating at the rate of $270,000 per annum, while the Southwest remains shut out from communication with the centers of trade, is a policy for which I hope the members of this Legislature will not become responsible.

The building of this road can now be secured. Before the enterprising capitalist not only does there lie the indescribably rich country embraced in thirty counties of Southwest Missouri, to be drained of its surplus productions, and its wants to be supplied by this road, but the Indian Country west of Missouri, Southern Kansas and Northwestern Arkansas, are to be tributary to it. And, better than all this, a railroad connection is promised this road, at the western border of the State, with the Leavenworth, Lawrence and Fort Gibson Railroad, which connects with the Union Pacific Railroad. This latter road is being rapidly pushed westward, and the work upon it will never cease until its cars are unloaded into ships lying in the Bay of San Francisco.

Again, the Southern people must have a connection with the Union Pacific road, and a railroad is already constructed a hundred and fifty miles northward from Galveston, Texas, liberally endowed with lands and destined soon to reach Fort Gibson, while Congress will undoubtedly aid the enterprise of the men of comprehensive policy who are laboring to give the South the desired connection with the Union Pacific road by means of the Leavenworth, Lawrence and Fort Gibson road.

Thus, within a dozen miles of the western line of our State, there will be a connection for our Southwest Branch Railroad, the importance of which can only be estimated by taking into consideration the fact that it will form a direct route of trade and travel from Galveston to St. Louis, and the shortest line from the gulf coast to New York. The construction of about 550 miles of railroad, in addition to that now built on this route, will connect St. Louis and Galveston, over a line less than eight hundred miles in length. For the construction of our part of this road, about two hundred miles, we have one million and thirty-three thousand acres of land, the value of which, for agricultural purposes, is sufficient to build the road, and the mineral wealth of which is incalculable.

There is now completed and in good condition and running order, of this road, seventy-six miles, from Franklin to Rolla, the cost of which has been $2,552,087. Beyond Rolla twelve miles are graded, and an additional twenty miles partly graded, with two tunnels partly cut, the cost of this unfinished work having been $546,852. There is the following rolling stock belonging to the road : six engines and tenders, forty-six freight cars, and two passenger cars, which cost the aggregate of $116,132, and tools and machinery which cost $783. With this basis I have no doubt capitalists can be found who will take the road and complete it. It is due the people of the Southwest that this communication should be given them at the earliest practical period, and the truest and highest interests of the State will thereby be promoted.

THE IRON MOUNTAIN RAILROAD has, by dint of extraordinary exertions, been put once more in good condition. The perseverance and energy which replaced the bridges and depots burned by the rebels, and again repaired the immense damage caused by an unprecedented flood, is highly commendable in the managers of the road.

To this road the State loaned her credit for $3,501,000, the interest on which is due since January, 1861. I submit to your consideration the advisability of selling this road. Private enterprise, once possessed of the eighty-six miles of finished road between St. Louis and Pilot Knob, would soon be enabled to push on to Columbus and obtain a southern connection. The country to be developed by this extension is the richest portion of the State of Missouri. Its minerals and timber are of a value incredible to those who are not familiar with that portion of the State, while perhaps its greatest wealth is in the agricultural resources of the great plateau of the Southeast.

I need not urge your action in a matter of such importance as the extension of this road, nor need I say to you that until it passes into the hands of private enterprise, at such cost as will warrant prudent men in buying it, it will never be extended, and the rich section south of Pilot Knob will remain sparsely populated and undeveloped, while the accumulating interest on the debt of this road will go on to aggregate the liabilities of the State for and on account of a security insufficient and constantly decreasing in value.

TO THE CAIRO AND FULTON RAILROAD the State has loaned her bonds for the aggregate of $650,000. The interest due and unpaid thereon amounts to, say $175,000." I recommend that provision be at once made for the sale of this road, with all its franchises and property on which the State has a lien.

The PLATTE COUNTY RAILROAD promptly paid its July interest. The better to secure the payments agreed upon by the Weston and Atchison and Atchison and St. Joseph Railroads, as provided in the act passed at your last session, an additional mortgage has been given me by those roads for the amount of the total debt and interest due by the Platte County Railroad.

THE NORTH MISSOURI RAILROAD, so liberally assisted by you at your last session, has thus far failed to negotiate for the money to make the extension to the Iowa line, and to build the West Branch and the bridge at St. Charles. You have made the securities they are now offering the best ever put on the market by any road in this State. I have no doubt their value will soon be understood, and that the company will be prepared to commence the work at an early day. A prominent feature in the picture heretofore alluded to is the road which shall connect our railway system with that of Iowa, and bring thence a tide of trade and travel to aid in pushing on the extension of our roads to southern connections.

THE HANNIBAL AND ST. JOSEPH RAILROAD continues to meet the interest promptly on the $3,000,000 State bonds loaned for its construction.

THE UNION PACIFIC RAILROAD, one of those works of stupendous magnitude, destined to mark the present period in our nation's history, and upon which posterity will gaze as a monument of the glory of their ancestors, is the iron way which is to connect the Pacific coast with our

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