Wisconsin State Agricultural Society. 
29 
five to ten times that amount of paper, thereby increasing his wealth 
five to ten times by the transaction, than that persons should be 
allowed to organize and issue a like amount of currency based upon 
real estate, owned by them, of like value. The former is more easily 
convertible, otherwise the cases are parallel. Neither are just or 
honest toward other property owners. This currency question is to 
he one of the coming subjects in the near future, and none will be 
of more importance. It is of vital interest to every man and woman 
who labors in any department of human effort, and should receive 
at their hands careful, earnest thought, study and consideration. 
If congress should fix the rate of interest as low as the increase 
annual gains from the productive industries, and adopt stringent 
laws for taking higher rates, the currency of the country would now 
be ample, and the experience of centuries would be realized—low 
rates of interest and general prosperity in all departments of indus¬ 
try. 
Before the publication of the volume for 1875-8 the grand exhi¬ 
bition, the centennial celebration of the nation’s birthday will be 
upon us. Congress has made it an international exhibition and 
many of the foreign states have accepted the invitation and will 
doubtless be fully represented. The various states of the Union are 
taking the necessary steps to be fully represented in all which con¬ 
tributes to their general prosperity and advancement, and I am re¬ 
joiced that Wisconsin fully appreciates the importance of having 
her growth, resources and progress fittingly shown and demonstrat¬ 
ed at this World’s Fair. 
The Governor is authorized under an act of the Legislature of 
1875, to appoint five state managers, who will act in concert with 
the commissioners of the state, and a part of whose duties shall he 
as specified in the act as follows: 
Section 2. The duties of the said State Centennial Managers shall be: To dissem¬ 
inate information regarding the exhibition; to secure the co-operation of industrial, 
scientific, agricultural and other associations in the state; to appoint co-operative and 
local committees, representing the different industries of the state; to stimulate 
local action on all measures intended to render the exhibition successful, and a 
worthy representation of the industries of the country; to encourage the production 
of articles suitable for the exhibition; to distribute documents issued by the Cen¬ 
tennial Commission among the manufacturers and others in the state; to render 
assistance in furthering the financial and other interests of the exhibition; to furnish 
