yed will forever grow wider and wider,
and the people of distant times and places will rejoice to drink,
as we now do, healthful and copious draughts in honor of its
founder.

Here, this matchless structure will link together, in perpetual,
grateful remembrance, the names of Tyler Davidson and Henry
Probasco! Ever honored be those names in the city they have so
greatly honored!

The message of Governor Hayes, on retiring from office at the close of
his fourth year, calls attention to the encroachments upon the rights
and interests of the people by railway corporations, and discusses at
length the important subject of securing economy, efficiency, and purity
in the administration of the local governments of cities and towns. For
its able discussion of these and other subjects, this message of 1872
commends itself.

_Fellow-Citizens of the General Assembly:_

The finances of the State government are in a satisfactory
condition. The balance in the State treasury on the 15th of
November, 1870, was $766,038.10; the receipts during the last
fiscal year were $5,241,184.91; making the total amount of
available funds in the treasury during the year ending November 15,
1871, $6,007,223.01.

The disbursements during the year have been $5,259,046.74, leaving
a balance in the treasury, Nov, 15, 1871, of $748,176.27.

The estimates of the auditor of State of receipts and expenditures
for the current year, are as follows:

Estimated receipts from all sources, including balances,
$5,206,366.27.

Estimated disbursements for all purposes, $4,776,035.73.

Leaving an estimated balance in the treasury, November 15, 1872, of
$430,330.54.

The public funded debt of the State November 15, 1870, after
deducting the amount invested in Ohio stocks, was $9,730,144.36.

During the past year the debt has been reduced $729,415.

Leaving the total debt yet to be provided for, $9,000,729.36. Of
this amount, the sum of $44,518.31 has ceased to bear interest, the
holders thereof having been notified of the readiness of the State
to pay the same. This leaves the total interest-bearing debt of the
State, $8,956,211.05.

The taxes levied in 1870, collectible in 1871, were as follows:

State taxes $4,666,242.23
County and local levies