.MTUzNA.MTYyMTM

221.

of nineteen thousand thirty five dollars and ninety two cents; in addition to which, there was on that day due to the Treasury, of the tax of 1823, the sum of thirty five thousand eight hundred and thirty nine dollars and two cents. It has not been found necessary to resort to any part of the loan authorised by the Resolve of the 11th of February last, and as the expenses incurred in erecting the State Prison have all been paid and as a balance of the appropriation will remain unexpended after defraying every charge incident to the entire completion of that establishment, it is not expected that there will be any considerable demands on the Treasury the ensuing year except such as may arise from the ordinary operations of the Government. This will however, depend upon the Legislature. If additional grants be made they will require a corresponding attention to the ways and means. In any event, I trust, we shall not have recourse to loans. It cannot be good policy for a government to expend beyond its revenue, or to pledge its future means for the discharge of its present necessities.

A proper attention to economy is expected from those who hold the public purse. While the people contribute willingly to meet all the necessary exigencies of the Government, they require a judicious application of the revenue for useful and proper purposes, and a strict accountability in all who are entrusted with its disbursements.

The resources of this State are considerable in its lands, but greater, in-