Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1841-12-14

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vorable. Hitherto, however, il has met
with little opposition in any quarter, and
may be considered as part Of the per-
manent policy Of the State, Whilst
Therefore, it would be both unwise and
impractIcable TO attempt any radical
change, it is obvious that experience
will from time to time suggest improve
ments. The law formerly provided a
superintendent, with powers Of general
supervision Of the schools throughout
the State. This officer has been dis
peused with, and his duties transferred d
10 the Secretary Of StUte. The time
Of this officer and his attention, it is
obvious, will generally be mainly en-
ployed in the proper duties Of Secretary
OF State. submit 10 the Legislature
whether it is not proper even in pc
cunary view to deVoIve the duties of
general superintendent Of common
schools on one, whose exclusive business
Il shall be to discharge them. This Off
Ger should be at liberty to visit the
schools al different points in the State,
collect and report TO each successive le-
gIsIa'ure ample and accurate statistical
facts, by which the system can be thor
oughly understood, and vigorously en-.
forced, The reports from the county
auditors required BY the present law, in
some instances are not made at all; and
IN hose instances where there has been
an effort to comply with the law, The
Information given, generally embraces
only small portion Of those facts, which
it is most necessary should be known
to the superintendent as well as the Ie-
gisIaDure. would earnestly recon-.
mend Legis' alive provision, by which
this branch Of the system may be more
satisfactorily administered In future.
The Public Works in which the in
Ierest and true glory Of the Stale are
deeply involved, have been prosecuted
with as much rapidity as could have
been anticipated, from a view Of their
condition at the opening of the year
The faith Of the State having been plod'
ged for the completion of the Wabash
and Erie Canal, within a given time.
and the WORK being one Of grea, impor.
tance TO a neighborlng State with whom
a compact existed on the subject, the e.
gisature very properly authorized the
Commissioners Of The Cana Fund to loan
money for that object without restric
lions as the interest on such loans. AT
the time Of the passage Of the law Of
the last session authorizing loans the
debts then due TO contractors on all
Public Works were estimated at about
five hundred and eighty-one thousand
dollars. This debt, with a very small
abatement in amount, had all accrued
some timeprior 20 the meeting OF the
last Legislature, and should have been
paid within the last year. The Com
ms5ioners oClhe Canal Fund being limit.
ed TO loans al & per cent, and such be-
ling then impossible to be obtained, the
debt was suffered to accrue, and had to
be provided for out Of The resources OF
the proseut year. To discharge this
debt the commissioners were also EN-.
powered by the act Of the last session
TO borrow money without restriction as
TO the inlerestof the loan. The balance
oitho loans authorized by law were ex
pressly limited 10 !he payment Of inter.
est at the rate Of 6 per cent per annum
The whole amount of loans of all
classes authorized for the past year, wa.
two millions one hundred thousand DOL
las. The amount loaned up to this time
is stated at about one million eight hun
dred thousand dollars. These loans
owing 10 the peculiar condinon of the
money markets, both at home and a
broad, have been chiefly Of temporary
character; but in no instance have they
been obtained at a rate Ofinterest exec cd
ing six per cent, although the act Of the
last session would have authorised the
loan Of over one million at higher rate.
1t will be perceived for the reason al
ready assigned, that the debts due on
the public works, for labor done during
1880, amounting on accurate ascertain
meut to about six hundred thousand dol
lars, aud the amount necessary TO COM
pIete the Wabash and Erie Canal, $582,
All have been paid during the current
year, making together over s 100000
were OF peculiar character, and such
as in good faith, the State was bound tc
see promptly ob'ained and disbursod -
The great declension in tho price ot
State stocks. even those pr the mos, un-
Questionable character, for the last year
IS well known ioa)I, mud presented tc
the Canal Fuud Commissioners dillicu
Ties OF the most formidable character -
Permanent loans Of large sums. el
any reasonable rate Of interest, couIc
not be bad, either in Europe or the At
laulc cities Of the United States.
Actualed by laudsbe zeal to pre-
serve unsuIled the good faith OF lht
Slate, hitherto so proudly maintained
through every VicsSlude, The FunC
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