American watchman and Delaware advertiser. [volume] (Wilmington, Del.) 1822-1828, 1822-11-15

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The General Assembly has legislated SO fully on
the great interests Of education, that it only remains
for them to give successful operation to their wise
and liberal plans, by patient and persevering sp-
plicatlon OF the means which have been approprla-
ted for the attainment Of the most audahle and ne
cessary Objects You will have before you, during
the present session. the result Of the diversified in
quirlss and deliberations OF the joint committee
heretofore appointed on the subject OF free schools,
and will not fail avail yourselves Of all the lights
to be expected from the report OF that committee,
in any subsequent mod hcations which experience
shall suggest or more minute knowledge OF the
subject may recommend in the practical deyeope-
JhenI OF the system adopted. The state University
continues 10 flourish Its recent growth IS unriSal-
led; and the benefits it dlspenses are dused Tar be-
yond the limits OF our own state. When we ccnS-
der how large sum of money II retains among US,
which would otherwise De expended abroad in edu-
eating our youth in habits and opinions, not the
most hapPlly adapted 10 render them useful at
home; and thar it attracts f ON other states cons-
derabe amount that could not in different mode
be obtained, this institution might well be estimated
by avarice itself as worth all The and expense
that It has cost. But when we regard II as dlstn-
guished seat Of Science aiordirg all the means Tor
the attainment OF knowledge, which are common 10
any Seminary of Learning in the United States, the
advantages Of lis itch AMI impelshable contrbu
tons to our moral strength and intellectual aequIsi
tions, are not TO BE- calculated BY the standard OF
wealth, but Of glory. We may be permitted to fe
l!cilate ourselves on the rapid and general dissent
nation Of useful and liberal knowledge, through all
classes OF society, and to hail with sentiments OF
deep delight the suspicious era, at which philoso-
ply and the muses. claim residence IN The wilder
ness Of the West.
Our colleges and schools fosered by that nacent
spirit Of improvement which peryades the whole
community. daily multiplying the sources Of
instruction, and extending the sphere OF their use
fitness. In several OF the iormer although com
p4rayely in their infancy, complies course Of
mlcal learning is given: and 10 others is post
poned only for The want Of competent teachers; a
defect soon to &c rsmedied BY the alamni Of The
University.
Your predecessors, duly impressed with the wiz
importance Of education 10 govsrnnent like ours
have made it su5J=c, OF legislative concernment.
Thus it becomes your duty to inspect the existing
institutions Of learning TO correct their errors. and
supply their wants, and thus opportunity Is afford
ed you OF participating IN the high honors which
are due to those, who enishtsn and reform the pub.
JIG mind.
The subject Of our currency will TO doubt occu-
Ply portion Of your deliberations and it may be ex
pectsd that vii not remain wholly silent on so i'm.
portsnt topic. Permit 10 remark, thar the
great and complicated concerns Of finance can re-
ceiYe but itle advancement from the frequency oil
egslaion. The constanoy and patience Of vrtuous
ecancmy; the victorious energies OF we'll directed
Industry; and the demands OF foreign commerce
regulate The wants and acquisitions Of every people
esrec.tuily suggest for your consideration the
proprietY Of authorizing By law the Bank Of Ken
lucky 70 pay in short period OF time into tie Bank
OF the Commonwe 10 The notes Of the latter the
whole amount OF the capital stock owned by the
state in the former. Such MEASURE by withdraw
ing at once from circulation, least sixth partl
Of tina entire amount Of the issued BY tie Bank
OF The Commonwealth, already considerably reduc
ed by regular calls on the principal loaned and the
payment OF accruing interest, could not fail greatly
10 raise the credit Of the paper Ii 10 tits proyi
sion were added authorising the directors 10 make
discretionary calls on her debtors, the Iegislautel
would have done ALL in relation thar institution
which appears to me eSpeden: al his time. Thel
measures alluded 10, would afford satisfactory de
mons.ratlon TO the minds OF all ca::lid men, Of yourI
justice and fidelity. They would silence the cla-
OF those who have deprecated the credit oil
the paper By impeaching the integrity Of the pub
lie laith. and inspire the community with inceasedl
confidence in The final redemption of the notes. The
resources pledged for this purpose would remain
undiminlshed, while the aggregate amount OF the
notes TO be redeemed, would be daily decreasing,
and their relative value correspondngly enhance /
That the state should receive in payment fol- her
sloc@ the notes Of the Bank Of the Commonwealth.
is peculiarly proper, because she holds at her dspo
sal the entire capital on the faith OF which thos.
notes were Issued. Every dollar that She receives
exempts the general fund appropriated for the re-
demPlion from its liability for an equal amount. anI
leaves the Bank in possession OF a valid claim on its
debtors, who borrowed the sum thus Withdrawn
from circulation.
When the interest now held BY the state shall
have been Withdrawn from the BAlk Of Kentucky.
her direct participation in the government Of that,
institution, as contemplated by existing provisions,
will cease. The design OF those REGULATIONS, it is
hopsd. Will not be chanrsd The lirid. 4 nnrerr