The North-Carolina standard., 1838-08-15
ZOE 1ilE NoRra cAnor1nA sr.nn.a-

OF the supreme Court, the speaker of the 81
the Speaker Of the House Of Commons "elale
Treasurer of the State, for the time beine u 'Ae
successors in Office, the following funds and ueF
ty, viz: The dividends arising from the s,odl Ope
held and which might be thereafter acourodI ~en
State in the Banks of Newbern and Cane. W The
which had not been pledged and set apart e.. and
nal improvement; the dividend ARISING fo 1eH
stock owned by the State in the Cane -Fe.. 'Ae
ton Company, the Roanoke Navigation O." ga
andthe Ciubfoot and Harlem Creek Canal Copauy'
ny; the tax imposed on licenses to retailers Sinpa
ituous liquors and auctoneers the sp"
lance of the agricultural fund all lmoneysna;d 81 Oa
tries of vacant lands (excepting Cherokee la",
the sum of twenty-one thousand and ninety dS dam
paid to Cherokee Indians for reservations and
vacant and unappropriated swamp lands II 4e ~.
State. Thethird section provides for an imD..' ~S
ment and accumulation of the fund, and the fo.'''
section directs that it shall be applied to the
ton OF such children as it may thereafter he do.
ed expedient by the Legislature to instruc, j. ~
common principles ofreadmg, writing, and artbnoo
tlc' and that whenever in the opinion of the Lpois
latufe the fund shall have sufficiently accumul,ts5
the proceeds thereof shall be divided amon0 ~
several counties in proportion to the free white
ulation OF each, to be managed and applied in sral
way as the Legislature shall direct IJnon On 49,
animation OF the Treasurers report to the Legisl,
ture IN 1886, find that the entire amount of mo..
belonging TO this fund at the close OF the (thenl.
hscal year was, 1912 shares of stock in the RanL
the State, which cost s 197, ,767 SO: 2s2 shares ~
stock. in the State Bank: 141 in the Bank If NJ"
bern, and so in the Bank of Cape-Fear. tbo Nv.
dend OF 359 shares in the Bank of Newbern .n,
IO4 IN the Bank of Cape-Fear, and the sum of
= 3,S45 09 uninyested, in the Treasury On'
would be led to suppose from reading The man.
sources from which this fund was to be dor;voi
that ample means had been provided, which in
very few years would have sufficiently accumnI,-
ted to create common school in every neigbbor
hood In this State; but much to our mortifcatim
De 1t sad that after accumulation of IL wears we
laVe the meagre sum of about $ $4,000 Itisev-
dent therefore that we shall have to depend upon
ome other resource if 1Ue hope or the generation
Who succeeds us can reasonably calculate upon
the establishment of common schools
S 1t destined that this generation shall pass away
Without making an effort to transmit to the nextap
xample of such incaleulable importance? Has the
cam OF philanthropy not yet reached the citizens
this State, and will not intelligent men makes
OLD struggle to improve the intellect of the poora
lasses of>our population? A cold, selfish, money
rasplng mind, might brave the faint touch of hu
IAN sympathy which it occasionally feels and re-
ct any proposition for improvement; but no gen.
ous' manly, or patriotic man, will hesitate in de-
olng to the contrary If as in the language of the
It OF 1925, our children were instructed in the COM
on principles of reading, writing, and arithmetic
'w vast would be the national, social and moral
enehts derived therefrom! will venture to make
he or two general suggestions. We are placed
ere mutually dependant upon each other. and I
Sume that the more moral and intelligent we are
e more social and agreeable we shall live togetb
assume further that all classes of men whose
operty and persons are protected by the laws,
ould contribute fair proportion of their wealth
the support of the Government under which
ey live. assume further that our institution,
mot be more effectually perpetuated than by the
fusion of the means of general intelligence. Il
wei known that we have large class in our
ate who have abjured the precept given them to
arry-whose minds diverted from the Iaudabs
rsult OF raising families have acquired an insatia
love OF making money; whose Golfers are well
red with thousands which is not subject to taxa
n In any form. Now l would respectfully ask
these gentlemen are not taxed for any other DUR
Sc, would 1t not he advisable to abstract a little
their "loose cash" for this important matter. Do
be alarmed, gentlemen, / am no agrarian: but
1t to you-ls it reasonable that men who have
1liies and visible property subject to taxation
Ill be compelled to bear all the burdens while
with your "snug thousands are exempt from
alton and contribute nothing to the general good.
mot system of taxation be devised. perfectly
stltutlonal and equal, by which those who have
other feeling but desire to accumulate money
board up, may be compelled to contribute some
'g to change the aspect of affairs for the better2
1t occurs to me that by such means. indepen-
OF other good that will be done, some at least
hat "goodly class" might be induced to correct
T misanthropie feelings and discharge their du-
o society and their State. The experience of
last two or three years ought to teach us that
inordinate love of money is by no. means COM
ldable; and the conclusion upon reflection, will
itself upon US, that we have higher and more
obling duties to perform to which its acquisition
at to be secondary in importance. Notwith-
ding our apathy we have some evidence from
ic sources that this important matter has receV-
ONE attention. am pleased to hear that our