Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1843-08-04
FROM The p'ermont Mercury.
STATE SCHOOL FUND.

No.4.
Several Of the States have funds designed Tor
the present bepeh, Of common schools AMI 0lhrT
literary institutions. These funds are the result
vt tue seqncstlali0n Of unls for that purpose, ~
the early history e the country, II not kn0wh
that fund accumulated by direct taxation, us ours
will he, II finally collected, ever existed OUT OF
Vermont. Funds based on real property, IN form
ol rent charge, will have degree OF per'nhnency,
which can never he realized, when the fund IS
founded essentially in personal securities. DOC
tor Franku's fund, instituted by lis benevolent
founder, for the benefi ola needy class in Boston,
exhibited Oh paper great facilities OF accumulation,
aud peruaueucy, but The iiitliiy Oi all such pa
per funds, aud their utter impOency to resist the
power Of accident and chance, was long since
shown in the dissipation of that fund. Rents
charged upon land are probably us stable aud en-
during any pecunlary assurance, which has
been devised and STILL that even this is liable. TO
d@uppoint the landlord, will be admitted by all,
who are acquainted with The tenor by which lands
are held IN unh about Albany, aud the frequent
necessity, which has existed for calling Out nil
itnry force to assist in collecting the rents when
due. In this case it is understood that the lands
were sold subject TO n rent charge, which always
rcDains All iucnnibrance on the uud. The rent
Is an interest with which the landlord never par
ted
The genius of our constitutions is adverse 20
the accumulation of property in large m1sses,
| To he held Ia perpriul;y. In uOnnrcies and 9th
| er governments, less free aud POPULAR than our
own their constitutions favor tins accumulation of
property, and laws are enacted TO secure its en-
Inymeut and use, To the nobility in perpetuliy.-
| such II state Of thugs harmomzes well wuh n
| mixed monarchy, where one constituent of the
| government Is Il privileged hereditary nObity.-
such order is essential 10 such constitution of
| government; this cannot bG sustained without
property, aud property cannot be secured in per
| pctuity 10 Il tanily, without the aid ui the cJn-
uttI md Inrii In, Irl
med TO perpeluate property in noble families. Il
! sno part OF the policy OF such governments To
secure equal rights, hut TO maintain privileged
| class. The case i moi so with our constitutions,
but these aud our laws favor the diffusion of prop
erty and HE security OF equal rights The c0u-
sltutuu oi the U, ;. allows no title of nobility,
aud Ivy the Both section Of the Constitution ol
Formnon', The legislature required 10 regulate
Entails so us 10 prevent pcrImIultles. The Q is
nothing then III Our ilaOual Or State constitutions
to favor an order Of nobility or TO secure Il perpe.
tuity Of property. Without one or The other or
perhaps hDn Of these, il is difficult to perceive
howu tnnd, consisting IN mere personal seruries
or ut best IN mortgages On real estate, can tie main
taiued m perpelIlty, against The whole genius OF
our CONSTITUTIONS aud laws. These constitutions
, and laws hay be regarded as public sentiment
enhoIe, on this subject aud these are surely
adverse 10 sucl, perpcuty
The English slulute deuominaed de d1pis, am
authurzlng es'ulrs-ui, was passed for the hcnei
OF the nobIiity, and without the Concurrence o.
the House OF Lords, Tor whose bsueiit the a,
passed. II could not hi repealed; nui sill wbet
thar law, by ITS effects, became pulI'ic grievance
the cuurs of law, III The administration Of justice
| virtually repealed, Or rendered void ihe operation
Of lhe law, ny various methods adopted on pur
[ pose to bar the entul The law existed only II
Oont 200 years before this attack, WHICH virtual,
destroyed II, IN despite oi lie power oi the lesis
= uturc. But II in the siald aud iron constitution