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[48] [Governors Message] expenses, was twenty one thousand one hundred and thirty one dollars. The sum received from the Treasury of Massachusetts, as provided by the act relating to the Separation, was seven thousand seven hundred and forty two dollars, leaving a balance of thirteen thousand three hundred and eighty nine dollars. To discharge this balance and other accruing expenses, the sum of fourteen thousand dollars were borrowed from the Banks of the State; for the repayment of which it will be necessary for the Legislature to make provisions. The receipts into the Treasury agreeable to our present system of revenue will be from the State tax twenty eight thousand seven hundred and eighty six dollars; from the Bank tax seventeen thousand and seven hundred dollars; from Licenses probably six thousand dollars - to which add for the present year eight thousand dollars to be received from the Treasury of Massachusetts, amounting in the whole to sixty thousand four hundred and eighty six dollars. What is to be the amount of the expenditure of the State is by the people confided to you. It is very desirable that the receipts into the Treasury should exceed by a considerable amount the estimated expenditure, in order that you may be enabled to endow our literary institutions, encourage agriculture and lay the foundation for such public roads, canals and other improvements, as the general interest of the State may require. The existing embarrassments in our circulating medium cannot it is believed affect our revenues. The alarm in relation to the country banks, which originated in the capital of Massachusetts, and unfortunately extended itself