The voice of freedom. [volume] (Montpelier, Vt.) 1839-1848, 1845-10-23
J.F. MCCLELLAN, Printer.

ent. This is sell evident. Why then con-
tinue it ?
la these remarks | am understood, of
course, to have spoken Of that part of the
fund which consists Of the inde 6,edness OF
The STATE, amounting at this time. to the
sum OF 1924, 800 so. An act 10 annuI This
Indebtedness. would cave 10 be disposed OF,
The sum of &l0,590 81, invested in indi-
v'dual securities. bearing Interest. None
would think of suffering this SUN 10 accu-
mulate, even with the addition Of the six
per cent. on bank profits, and the income
from peddlars' licenses, with q view Of
making them available for schools, under
the ACT of 1925.
The demand for fOnds 10 aid in putting
IN operation a system of common school
improvement, such as the State needs, and
public sentiment evidently demands, sug,
CESS the direction which nigh, be given
toa pert, or all, of these sources of income,
when released from their present connec.
ton. 1t is believed that the annually ac-
cruing interest on that portion Of The pre-.
sent school fund, loaned on private secu.
rites, together with The annual income
from peddIsr's licences would be sufficient
for thai purpose We may thus institute
a system OF Supervision and Accountant
ty. which shall give concentration aud en-.
ergy to the present Efforts to raise The
standard, and multiply the facilities of ed.
ucatlon, until The minds of The mass of0ur
cbiIdren-the hsppy mingliog Of the poor
and the rich loeether-shalI feel its equal
izlng and eleva'iug power. Thus, while
coferring substantial benefits on the pres
ent generation. we may send forward an
influence. which shall flow on in a con>
%unually widening stream of benefits and
and blessings to the generations that shall
succeed Us to the end of time.
Should it be found that no interest CT
the present. or of future generations, can
be benefited by a Continuance OF The ate
Indebtedness TO the tund Of which | have
spoken, and the indebtedness should be
Cancelled, tie State debt would then stand
as follows:
Due the safety fund banks, including ins
trrest TO Ocl. I, $50, $50 81
Due the sutplus
fund, el4,elR 90
Deduct the amount
loaned out the
past year, ll,00+ 90
- 3,8os 2s
Salaries due. Oct. |. l,lOs SO
Due 10 towns for interest on
surplus fund, 444 Sc
-
Toral. S35,750 rs
The balsnce 10 the Treasury
on the 1911 of Sept. was els,4l7 81
Balance of taxes due, 20 1872 so
Total, S4l, $50 AZ
To wha! extent the service Of tie COM
ing year-a portion Of which necessarily
constitutes . draft on The present balances
in the treasury and on lBxes-wlll permit
the application OF a part of those balances
toward the extinguishmenl of The indeb,-
edness of the Stale. may be determined,
upon the careful examination which oue ht
to be made into every branch CT expenl,
ture. with a view TO ascertain whether
there can be any reduction, consistently
with The public interest. In looking at
the expenditures of past years. l have been
struck with the large amount disbursed
under The heads of Supreme and County
Court orders" and "CleTks OF Courts ior
The expenses of Supreme and County
Courts )" which have risen from S2O,4O5,
10 1899, to @2e,97O, in le45. The a.
mount dlsbursed under these heads during
the last seven years, has been Sle4,3O0,
averaging $26, 1928 per amman. would
suggest The p:opriety OF an examination
into the details Of these large fems of exc
penditure--in regard to which ii may pos
sibly be found that, in a course OF years,
abuses have crept in requiring corrective
Legislation.
The treasury is happily relieved from u
charge which, for many years hung upon
it, in the form OF military ORDERS" which
for the FIVE years previous 10, and ncIud-
ing the year le43, when they ceased to
to be a draft on the treasury, amounted 10
the sum of Sls5oI. am happy to say
that, by a law of last year, the people are
relieved from the still more burdensome
tax of annual trainings OF the enrolled mi.
litia.
1t mny be reasonably hoped that, BY q
practicable, and not injurious reduction Of
expenditures, particularly in the heavy
items TO which | have referred, a sum
may be saved which, with o fixed appro-
preparation of the income from the bank
.ax-reIIeved from its present pledge to
the school tund-migh t, within a moder>
ate period, extInguish the entire iudebted-
ness OF the State.
The reference / have made to the i,ems
of expenditure in connection with The Su.
preme and County Courls--a large Dor.
ton Of which results from criminal prose.
cu'ions-suggests a topic of much inter-
est,lo which | would call your attention.