Mississippi Democrat. (Carrollton, Miss.) 1844-18??, 1846-01-14
for the present year, as

Auditors warrants issued prior TO jan
uary l, 1916, not funded, or funded and
due in the year 1916, $l05,Sf5 90. Ex-
penses OF the Legislature, 100000. -
State government for lS46, 5000.
Total, $295,sl5.
II will be seen that these are items of
indispensable necessity. and must be pro-
vided for They leave surplus Of Sil3,-
OPT SO on tho lst January, lSd7. There
has been paid into the treasury at various
times, on account OF the Seminary fund,
$79,54S rs, which drawing BY law an in
ieresi Of eight per cent. amounts now TO
Sl03,06s 40, and there has been paid on
account of the Sinking fund $4,000,
1t is so palpqbly just that these items
should be speedily adjusted with the pub
lie creditors, that feel AT full liberty to
press them on your attention.
STATE SEMINARY.
The first payment should be made TO
the Seminary fund. This Institution has
been located at Oxford. in Lafayette coun.
ty, where a suitable site has been procur-
ed for the buildings. The trustees held a
meeting in July, 1915, and subsequently
furnished me with printed copies OF their
proceedings, which herewith transmit TO
the Legislature. An appropriation will
be necessary to enable them 10 erect their
buildings Economy should BIO observed
in their construction; convenience and
durability being consulted rather than
beauty and ornament. recommend that
the sum set apart for building be limited
10 fifty thousand dollars,
This fund was formerly collected thro'
The agency Of the Planters Bank, and by
Law il was invested in the stock Of that IN
stitulion. Il was trust fund, 80 declared
by the act Of Congress makidg the dona-
lion Of lands, out oil which It sprung. The
State as trustee, had no authority for in
vesting it in the stock Of any bank; she
did so, however, and $4,000, with seye-
ra years interest on that amount has been
lost. The State is, in my opinion, under
the most solemn obligation 10 pay il back,
1t is an obligation, not 10 Congress. but to
the children within her borders, for whose
especial education the fund was set apart,
am fully persuaded tina, Mississippi will
Leyer incur the reproach Of Withholding
us''ce ana me means o. eauca',oh ,rom
her own cnlloreni anu lnere'"ro . suon'''
me question 10 yon "npour discussing
me Sla'eS iegal iaplny ~ amount
OF '''s 'u"u may DC s'a'eu - io. a ,", ooo
fin'. now 10 1'a,e ueas',y, ~'o''ooo
hos, Pr,"c'Pa' anu '"'e''s' ~ '"o ,,oooo
~ r'an'e,s pans' o'ooo
~ oe co'loc'eu' ou''n s''e ''ah'' % oa7
anu soo''o' $3.50
nor,oge
az, @~oi'.oo
what Disposition shouio 10 'haoe VI nus
luhu, ! propose 10 speak III con"eo''on
WIN ano'her suplec''n
RAILROAD EAST
"l'hIn a very Few Gays aver me ao-
lourh'nen' Oh 'he Legislature III ioaa' lno
commissioners oi me JACKSON anu ''a,'-
oon nailroao ano Drioge COMPANY n,aue
an applioa'lon 70 me ior 'weh'y'nse 'nou,
sano dollars OF me TWO per GEM. ,unu
ioaheo 70 'ha' co"pany Y ~ a oe y ,os "a'
negls'a'urs' aPp'"seu rc",'a'y ~ 'o1~'
inc PERIOD ,,n'lea " law ioi 'ns Couple
tlon o. the hoau hasing eAp'reu' any u'o
isoad oeing sun unnhlsneo, .hougn' INC
franchises 81 me company so ,ar ior'ei'eo
as moi only 10 Iast'iy, ou. indeed 70 70.
qnIre me 70 wi'hho'o 'ne money ana awaH
further legislative action. 70 presenting
lhls subject to The legislature ;. - proper
Tor me to say, mat inc failure o. lhe Com
pany to complete me road w'th'n ,ne re-
CURED time, was OWING IN great degree,
to circumstances winch 'hey could ny
control ; moi Inc least among 'nese was
their DISAPPOINTMENT IN moi RECEIVING We
dement's OF ms loan as cary as 'oio,
WIN % reco''ec'ea 'la' 'ne ~ y IN.