not less criminal than the violation of treaties. They possess all the validity of law, and the superadded obligation of the plighted faith of the States, to give them effect. Without concessions the Union could never have been formed; and it is the duty of the national legislature, by appropriate enactments, to give effect to all the stipulations contained in the articles of compact. In return for the advantages secured by the Union, each of its members must perform its share of duties enjoined, and bear its portion of burdens imposed; and a refusal, in either case, is a palpable violation of faith, and, in its repetition, can only lead to disastrous results. Regarding with disapprobation and censure all unlawful manifestations of opposition, come from what source they may, it is the plain and undoubted duty of all to obey and enforce the laws in question. They were the result of the deliberations of wisdoin and experience; and, in the spirit of the constitution, designed to secure the rights of the North and the South. Though we may not approve every provision in detail, we are not therefore relieved from the obligation of giving them effect. The right to resist, if indeed such a right could be named, is futile and destitute of all foundation; but the lucubra. tion of a disordered mind. Obedience to the laws is inculcated alike by human and divine precept, and will alone give security to life, liberty and property. It will alone save us from the appalling evils of anarchy; and whoever counsels resistance, clearly disregards the best interests of himself and his fellow men, and incurs the guilt of conspiring against his country. Michigan, it is confidently believed, will require no prompting in the fulfillment of duties pertaining to her federal relations. The laws of Congress will be executed in her borders with promptness and fidelity. If she misjudge for the moment, she will not fail soon to retrace a mistaken step. Though comparatively young in the sisterhood of States, she will be found second to none in attachment to the time honored principles of our Union; and for their perpetuation, she will strive by earnestly supporting the compromises of the constitution and the supremacy of the laws. EXECUTIVE OFFICE, Lansing, February 5, 1851. S JNO. S. BARRY. No. 1. LEGISLATURE, 1851. ANNUAL REPORT of the State Treasurer. STATE Lansing, Dec. 1, 1850. To the Legislature of the State of Michigan: In accordance with the provisions of law, I beg leave to submit herewith statements exhibiting the condition of the several funds for the fiscal year ending Nov. 30th, 1850. The balance in the treasury is thirty six thousand and fifty-seven dollars eighty-five cents, (36,057 85.) During the past fiscal year all demands upon the general fund have been promptly met, with the exception of about $5,000, which was due to members and officers of the constitutional convention when it adjourned, nearly all of which has been since paid. Funds were also provided to pay all the interest on the adjusted portion of our State debt which became due on the 1st July last, and have been thus applied, except in those cases where the holders of the coupons have not presented them. The interest due on the coming 1st January on our State bonds, amounts to $20,394 77, for which funds are provided and will be paid at that time. I also submit herewith a statement of the amount and character of the bonds filed in this office by different banks in this State as security for circulating bank notes countersigned by the State Treasurer. B. C. WHITTEMORE, State Treasurer. State Treasurer of Michigan in account with the State of Michigan. 1359 DR. 1850. CR. Nov. 30. To bal. in the treas. Nov. Nov. 30. By amount 30, 1819, $55,597 47 act. gen. fund, To amt. r'ts ac. gen. f'd,206,192 58 By do int. imp. fund, 140,358 38 do pri. sch. int. do 22,461 90 do university do it. imp. fund, do Nor. sch. int. f'd, 9,881 29 do contingent, 34,028 31 do Mn. C. R. R. Co. do paid out on $167,871 65 221,901 86 43,921 47 12,817 11 572 24 $485,509 39| To warrants paid during the fiscal By bal. Nov. 30, '49, $18,980 99 $167,871 65 do amount transfer year, Internal Improvement Fund. To bal. Nov. 30, 49, $251,213 38 By receipts during the do warrants paid during the fiscal year, fiscal year, $140,358 38 do amt. transferred 221,901 86 from gen. fund, 29,908 75 do do St. build. do 8,095 00 $473,115 24 do bal. Nov. 30, '50, 294,753 11 $473,115 24 Primary School Fund. To bal. Nov. 30, '50, $197,711 96 By bal. Nov. 30, '49, $175,250 06 do receipts during 22,461 90 $197,711 96 $197,711 96 University Fund. To am't transferred to By bal. Nov. 30, 49, 8101,192 38 general fund, $100,000 00 do receipts during fisdo bal. Nov. 30, '50, 11,073 77 cal year, $111,073 77 9,881 39 $111,073 77 |