Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1843-08-03
From The Woodstock Mercury.
STATE SCHOOL FUND
No. 4

Several OF the States have funds designed ~.
present benefit of common schools and o,h,, !
rary institutions These funds ore the r,,t
the sequestrution Of lands for tina, purpose /.
early history Of the country II !, no, kpo,,
that fund accumulated by direc, axaon !, :.
will be, if finally collected, ever existed ov
Vermont Funds, based on real properr
form Of rent charge, will have a derre, Of !.
manoncy, which can never be realized wbeo 4
fund is founded essentially in personal ,ecur,
Doctor Frankln's fund.- Instituted for the bcr,sl
Of needy class in Boston, exhibited on y,,
great facilities of accumulation, and ermaosp:y,
bu, the futli,y OF such paper funds, ana Aer ii.
ter impoteDcy 10 resist the power Of acch,0 and
chance was long since in the dissipation ofina
fund. Rents charged upon land nre probably u
stable and enduring as any pecunary assurance
which has been devised and still, tina, even as
is liable, to disappoint the landlord, will be adu
ted by all, who are acquainted with the tenor,
which lands are held in and about Albany, al
the frequent necessity, which has existed bf all
ing out military force te assist in collecting h
rents when due In this case it is undersoS
that the lands were sold subject to rcnlShmg
which always remains an incumbrance on u
land. The rent is an interest, with which The hs|
lord never parted.
The genius Of our constitutions is adverse ba|
accumulation Of property in large masses b1
held in perpetuty. In monarchies and other 81
ernmen,s, less free and popular than our OFI
their constitutions favor TINS accumuatlcr
property, and laws are enacted to secure its D
joyment and use, to the nobility in perpetufy-
Such state of things harmonizes well whit
mixed monarchy, where one constituent Of
government is privileged hereditary nobility
Such an order is essential TO such cons,tula
Of government; this cannot be sustained wfhS
property, and property cannot be secured in p
petuity 10 family, without the aid Of the cons
tuition and laws, and for this end laws are franz
to perpetuate property in noble families. hnI
part of the policy Of such governments to seer
equal rights, but to maintain privileged Gu
The case is not so with our constitutions
these and our law favor the diffusion of prcpa
and the security Of equal rights The consf
ton OF the u S. allows no title Of mobility, and
he Sc Section OF tho Constitution OF Verne
the legislature arc required TO regulate e~s~s'i
as to prereni perpetuites. There is nothing
in our national or state constitutions to favor
order Of nobility, or to secure perpe,uily ofpr
erty. Without one or the other or perhaps b
Of these, it is difficult to perceive how fund Cd
sisting in mere personal secvrilies or a, be
mortgages on real estate, can be MAINTAINED
perpctui.y, against the whole genius Of our ca
stitu,ions and laws. These constitutions and ID
may be regarded as public sentiment embodied
this subject; and these are surely adverse to 50
perpetuity.
The English statute denominated de donia :
authorizing estates tail, was passed for the ben
of the nobility, without the concurrence Of 2
Honse of lords, for whose benefit the act '
passed, it could not be repealed: and still VI
that law by its effects, became pnblc grieya1
the courts Of law, in the administration Of jud
virtually repealed, or rendered void the opperaf
Of the law, by various methods adopted on
pose to bar the entail The law existed
about 200 years, before this attack, which nlff
y destroyed it, in spite of the power Of The leg
ture. But If in staid and iron constitute
England, such law and one so emphatlcaIy
curing with the pride and promotion oflhe
er and pIiveledge Of the king and mobiles,
be SO easily swep, away by the force Of n
sentiment and against the will Of tive out o.
three branches Of the legislature, what -
chance has such law as gives life TO The
fund to survive whfn the freemen OF veil
shall feel the grinding operations Of lhs
wrenching from them in the shape Of Fl
$4,000 yearly in addition to all their 0ta /
cuniary burdens this sum is the amount o.
est, at per cent or S3,00o,000 to be an'a /
collected for the support of schools Such's !
of things could no, endure and it seemsto " Il
no rejecting mind can entertain the ibougS i
the permanency Of such system. j. c0a1
exist in any free State. The people VIII W.
IS manifest IL s"' In The " paymsns Of he ra
the will Of the taxpaying community ~
consulted, and, in the estimation oil the GU
the State, the system would contain V,
elements OF subsection and bondage 'T
would break away from what they "o'"
slider yoke too greayiors to be borne. ,rop |