Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1830-05-19

II --ol ~
Admitting then that after the neces-
sary deductions are made for the present
year, and (there can be no reason for
supposing the real estate of the town is
always to be so unproductive the nett
revenue for schools, to be only $4,000 90
1t must in future years be as before
stated, at least the sum of S3l22,75.
But as the whole expense of the Mill
Street school this year is estimated
at l52938
There will this year remain of
receipts only the sum of 100000
Making the sum of S26O0OO
We shall then have Immediately ap-
plicablc to the erection of Il new school
housc-the sum of lO7O,G2 and on or
before the first of June 1881, we snail
have an additional sum, equal to the
whole difference between Sl358,7S the
amount of this years current expenses of
the Mill Street School, and the aforesaid
sum ofS3122,75, or for the sake ofround
numbers say 100000, which difference
will be say Sl64l,27. The last men,
toned sum if in fact it should not exceed
$500, is estimated with the surplus that
will remain this year viz SlO7O62, as
amply sufficient to furnish a suitable
school house for the number of scholars
proposed leaving the funds in the hands
of the commissioners wholly untouched;
and as it may be fairly presumed, grad
ually increasing from year to year.
From the aggregate number of pupils
attending all the schools, in town imme-
diately prior to the late town meeting, it
cannot reasonably be supposed that a
number exceeding 26O, would attend the
free school, if one should be established.
The present school can acommo-
date 375
Suppose the other to contain $50
The whole number would be 635
And if 375, cost the town an annual
expense of $780,
at the same rate 26O, would cost 942 90
making the annual expense Of
both schools 100000
and having as l think shown that we
have certain rerenue Of a greater
sum than that, and an uncertain rerenue
of considerable sum more, the remon-
strants need, we think, beundcr no appre-
tensions of an dditiOnal burden of iares
imposed OH them You will observe that
hitherto in the calculations | have made,
no notice whatever has been taken of
the fund which may be derived from the
Long Wharf, as to which a few remarks
shall now be made.
1t is stated that the Long Wharf Cor
poration is at this time in debt to about
the amount of $3.50, and that in the
course of eighteen months all its debts
will be paid of-when it will yield about
$500 per annum, clear income to the
town that income be it more or less will
90, either in aid of the general school
fund of the town, or it will be applied
specially to the support of public school
in Washington street. Ifit should 60 in
aid of the town funds, it will, by so much
increase the annual receipts, beyond the
sum of 100000 before stated. If i,
should be applied to support the Wash
ington street school-thcn it would di-
minish the number of pupils in the other
town schools, and the annual expenses
ofthcm would be proportionably reduced
so that by June 1882, it may be relied
on as a source of revenue to the amount
of about $500 as before stated.
| Among those items of revenue re.
ferred to, and dcnominatcd certain, wa.
the sum Of S544, to be derived from Il.
censes on retailers; it was contendcd in
town meeting, that little or nothing could
be realized from that source, on account
of the general repugnance felt, to tho
payment of that duty. still choose to
term il certain source Of revenue, ant
assert, that it depends on the town itsel
| whether il shall not be realized to the