The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1842-08-23
For the Caledonian.

na CHADwlCK.-The Vermont Patriot of the
idFabruary last holds the following language,
# NE Jetre Direct TaBatiJn to be The oniy equal
jast rn2de IF supporting National GoUern
gL bit habjL and c0nDcRitnce as tocU as tie poll
II 0therS render The present mode, GppreSs
ERd IS anon the poor md tailoring classes, prcf
TatO a change."
q Here is the secret of the Patriots hostility to a
n -asliye Tariff, and here Is frank avowal Of the
x tsn Of political economy we are to expect il
n snl Tariff party should succeed in getting the
Nadp power.
MI M'entimrnt was avowed 10 reference TO the
& poy; fine General Government, Bot we find
b 'sasuent,n the North Star of last week, IN
aion to our State affairs. 1t says
* Isi hat straight forward plain. practical
#m.Ey Governor Palmer. or had snct a rs
lttM Smile heon M the head Of affairs, tho State
VI would lave been abolished long ago
q How would it have been abolished How could
have been abolished ? How has it ever been in
apawer OF The Legislature Of Vermont to replace
fmiorion of.the School fund which was bo rrow
ttuFos Governor Palmer's administration
+ How is il that this nominal State Debt is 10 be
I0ished when ''such n man a Nathan Smile is
the head of affairs ?" By Direct Taxation no
4 Nbi. This is the doctrine of the Vermont Patrl
li0i every body knows that there is no other
I way by which the State of Vermont can ever re
Place this fund.- unless forsooth could be 50
fnuate to get Our share oC the Proceeds ofthe
loic Lands This. however, is repudiated by
| both the Star and the Patriot, and 90 doubt il Ma
hiH Smile should become Governor or Vernon t,
BIS first message would be 10 call the attention OF
Legislature to the necessity of Increasing the
A' iar, for the purpose Of replacing the School
una Fund, by the way, which cannot be
''"aOIe for schools, hut according TO the provis
WIS Of the net constituting it, must be loaned out
Dl the inletes; and principal amount to certain
Ire tho ftrmtrs and iaborers of Perm0nt prepar :
t'r an increase Of The State Ta19 IF so,iet Them
%' J'f Smile y One Of the Pcople.
An"0Sa NorE.-We suppose some Of our read
sr may no'Se informed fully as TO the character
u me so called Stale Debt
=" closing of the affairs of the Old Vermont
N,l'' Bank, the capital of which belonged prnci.
f"F 10 The State, the Legislature passed an act
: '''u'lng all the avails of the Bank into fund
VIZ Use and support of common schools subss-
'""! The six per cent on the profits of local
a. "As' and the taxes on Pedars were added to
a. 'und as will be page lI5, Sec. 81 of Revs
''noh ~ provides "th;t the same may be used
T. p'd on any appropri atoms made by law, or
p 1"y lawful expenditure as other moneys in the
4. ury' and the same shall be deemed loan to
ae State"
w. al Is as follows, -e'The general school fund
sept entire and accommodating and shall
n. ~ diminished, expended or appropriated to the
uD,I ;, '"oos or to any other use or purpose
,i.,, we sane shall amount to sum which shall
r.. III annual interest or income sufficient to de-
Chm. we current expenses Of keeping good Tree
.ow.' n Schooi in each district IN the several
S,,,n, wi INC period of two months. Revised
'es' P. llS, Sec. d.
.,nor- 'et was passed Nov. II, 1926 and the
IA ,,N, with tho interest cannot accumulate SO as
'''"ee the requisite sum for a quarter of cen