True Democrat. (Paulding, Miss.) 1845-18??, 1846-01-21


the interest arising from the proceeds Of a
school section is sufficient to pay a teacher
it should be their duty 10 employ a compe
tent man and establish him in a school
Wherever there is a surplus, the consent o1
Congress should be obtained 10 its transfer
and use in the next adjoining township In
which there is deficiency. They should,
without delay, lease all the sixteenth sec
lions, now undiSpoSed ofand report TO the
general commiSSionerthe amountior which
each one was leased.
farther recommend that all the fines
and torleitures, billiard, retail, and other
licences, aud all other funds that now 90
into the Treasury other than the legitimate
taxes on properly be relinquiShed to a fund
to be established and called the school
fund.-" That the literary fund be collected
from the several counties, and placed in he
school fund" and | further recommend
THAI tax of five per cent on the amount
OF the State and county taxes be assessed
and collected annually for the benefit Of
the school fund. estimate that from these
sources, mot including the literary fund
now on hand) we will derive 5000 dollars
annually. This fund should be placed
under the control Of the general commits
sioucr, TO be used III atdiag the establish
ment of free schools. The fund to be ap-
portioned among the counties, each accor
ding to its white population, taking the
census Of 1915 as The present basis Of APP
ponioamout 1t should be the duty Of the
School Commissioners to estab 81 schools.
Aud whenever the fumes Of the township
was insufficient to employ teacher, a por-
ton Of his wages should be paid out of the
general fund; and the whole should be so
divided that there should be free school
in every inhabited township, at least part
of the year. 1.-THE fund would employ a
teacher but for three months, let tie school
be taught for that length of time
Such is the plan which | have devised.
If it does not meet the legislative sanction,
my hearty cooperation Is rendered IN any
other scheme which gives reasonable pro.
mise Of success. In the final arrangement
Of AIRY plan much must be included bY
way oldgtaiI which it would be incguycn-
ieat to embrace IL general rocommenda-
lion; and l hops II may 10. be considered
as stepping beyond the limits Of poprIc,y
to say It Wl,l give me pleasure TO aid III the
Of these details, should the
plan which j have recommended be sane
toned by The Legislature.
PLANTERS BANK BONDS.
The financial condition Of the State is
such that | entertain lively hope, that F.
he day Is not distant when we shah pay
III lnsla!mont OH the bonds issued on ac- !
cunt ot'the Planters Bank, and thereafter |
meet them regularly and promptly as they |
ali due. / will hot deceive you or our .
common constituents with the delusvo I
cope that any considerable amount will |
,yer be realized from State stock in the
Planters Bank and the Mississippi Rail
ioud Company. Something may be Oh.
AIMED, aud most Certainly every legal and
roper means should be reS0rtcd TO secure
S much Us possible; aud the Legislature
ugLt especially to abstain from any act
Inch could by the rcmotCst possibility !
ndaHger the States interest in either of
lese institutions. Ii is Idle, however, 10
ely on the assets Of these corporations TO
zee! the bonds. 1t is unjust TO require
o.ders OF these bonds to await the final
OF the banks affairs for their pro-
er dues.
1 have not permitted mysclito doubt that
,latc would at the earliest period, consist
1t with her cugagemcntstoother creditors
ommencc the payment Of these bonds.
They have been thrown upon us uuC&-
cctcdiy, aud hence we have not heeu pre-
urcd TO meet them. The large dividends
cCIarcd by the Planters Bank lol many
cars aud the supposed so,vyucy Of The
Tail Road Company during IT'S brief but
Unfortunate career, lulied the public mind
lto security. The sudden explosion of
9th these institutions startled the people
With the unlocked for intelligence, that
und oftwo millions Of dollars had, in
.reat measure, been lost, aud that heavy
ebt had, in consequence, been thrown on
he Treasury for payment. They lave
oI shrunk FROM lhcir legitimate response /
Atty and Hey aery uM I speak con
dcllly because in 1913 | maintained the
tate's liability 10 pay this debt, ana The .
rople sustained me. In my inaugural
beech, reiterated my opinions. and they
ave ever since been uldlsgUl,cdly pro. |
aimed, and tie people have again elected
&c by greatly increased majority. The
rSt provision made by the Legislature for /
.y. ss-,,,r-,, 90 t...... I-,..f 49, -. ICON