Virginia Argus. [volume] (Richmond, Va.) 1796-1816, 1816-01-17

INDEPENDENT considerations having FOR the
OBJECT correction of the above evils II we yicy
Tins subject as matter of loss and gain, il is
natter OF Importance About three hundre,
Young men annually go out of the state, either
to complete their elementary, or to receive Their
professional educations. They will on I'M average
axe with them five hundred dollars, making !,
to'ai snnual expenditure abroad OF one hundred
| ard nifty thousand dol,ars--If we then consuli
ecoheml. The honor and high standing Of our
ststc, u The preservation and permanency of our
political institutions, they all concur in pronoun-
eng una, something IS expected and required at
,ur MAIDS. II remains 10 point out the means.
'hcy are two-ioid, direct and indirect The di
rect means are schools established throughout
our states in every county. These must be com
msns'irate with and be hmned by the indirect
means, which is a fund to supper, them
The operation of schools and their establish
'nent be gradSal. 1t cannot he expected at
onceto establish five or six schools Gas will be
ultimately necessary in some courtesy in every
county; but, we should commence, by establish
ing us soon as possible one school in each county
ana increase the number as your fund will per.
nst-Fo create this fund, is the subject to be
enqlired INTO more Particularly,
Ii was to rem dy the evils already detailed that
the Legislature in the year 1910, created the Lii
teraTy Fund-whch undcr the fostering care of
creased until it now amounts to S45,252 90.
Never was there more propitious period to add
TO 1t We are'to select the sources from which
to make the addition The committee recon-
mend Tie following as proper subjects to be set
apart and pledged to this fund.-
lst The balance due us from the United States
after the payment ofeu debts to tie banks esl
t,ma ed al S 10000.
ID All the militia fines which may remain II,
the Treasury, after the payment of the current
military expenditures.
Ii would be but an act of justice for the State
To rellnquish al claim to anv bonus on The shares
held by the President and Direclors--fhe Com,
mittee would also recommend that the frst Sc
cond and third sections of an act passed IN the
year 1915, be repealed.-In the escheat law, of
no other nation, and more especi aily in those OF
England in favor ofthose subjects these sections
more particularly operate, is there to be found
any corresponding provision.-The committee
further recommend that the Judges OF the Court
OF Appeals be made Ex-oificio Directors of the
Literary FunJ--The talents, responsibility and
patriotism of that Court, Will add weight to this
body.-Addtional compensation should be al
lowed the Escheators IN many counties, IL gre
amounts OF property has escheated TO the Com
monwealtb, and there is no officer to act
power should be given by the President and
Directors, so soon as the revenue OF the fund is
srtilc ent, to establish one free school i'll each
county, and such of the towns of this Common.
wealth, as may seem 10 them proper, and com
mence the erection OF buildings for college
lfthese measures be adopted, the annual re-
eh'ie OF the fund, will De rnade up for the en-
SUNG year of the following items:
| Interest at z per cent. on the balauce of the
! debt due from tie United States, S $4,000
Interest ON It's present capital, ave.
raging ser cent. 1927
| Fines, Forfetures, &c. I0.5OO
| Militia Fines, 4, 500
Addition 10 escheats, 5000