Mississippi Democrat. (Carrollton, Miss.) 1844-18??, 1846-01-14

raj counties seml-annual reports " ihch
proceedings in regard 10 the sixteenth Sec
inns and other matters entrusted to their
charge.
II should be made the duty Of the Coun-
~ Commissioners to hold meetings quarter
YEARLY, at the county site, and whenever
Inc interest arising from the proceeds oil a
school section is sufficient 10 pay ieach-
err. il should be their duty to employ a
comnetent man and establish him school,
Whenever there is a surplus, the consent
of Congress should be obtained &c Its
transfer and use in the next adjoining
township in which there is deficiency
They should, without delay, lease all the
sixteenth sections, now undsposed OF, and
report to the general commissioner the a.
mnnnt for which each one was leased.
farther recommend that all the fines
and forleiures, billiard, retail, and other
licences, and all other funds that now go
INTO the Treasury other than the legitimate
taxes on property, be reinquished to
fund 10 be established and called the
school fund" That the literary fund be
collected from the several counties, and
placed in the school fund.-" and further
recommend that 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
he literary fund now on handy we will
derive $4,000 dollars annually. This
fund should be PLACED under the control OF
the general commissioner, to be used IN
aiding the establishment OF free schools
The fund to be apporlloned among the
counties, each according to its white popu-
lation, taking the census of 1913 as the
present basis of apportionment. IT should
be the duty of the School Commissioners
to establish schools. And whenever the
funds of the township was insufficient TO
employ a teacher, portion OF his wages
should be paid out of the general fund
and the whole should be so divided thai
there should be free school in every In
habited township, at least part of The
wear. If the fund would employ teach
er but for three months, let the school be
taught for that length of time.
Such is the plan which | have devised
If it does not meet the legislative sane
ton, my hearty cooperation is rendered
in any other scheme which gives reason
able promise Of success. In the final ar
, rangement of any plan much must be IN
cluded BY way of detail which it woult
be inconyenient TO embrace in genera
accommodation; and hope it may no
be considered as stepping beyond the Ii
mils, Of propriely TO say II will give M
pleasure 10 aid in the arrangement G
these details, should the plan which hav
recommended be sanctioned by the LIE
: gsature.
PLANTERS BANK BONDS.
The financial condition OF the State
such that entertain lively hope the
n the day is not distant when we shall pa
4 an instalment on the bonds issued on ne
o count of the Planters Bank, and thereaftt
@ meet them regularly and promptly as the
II fall due. | will not deceive you OF yol
common constituents with The delusiv
!. hope that any considerable amount WI
!, ever be realized from State stock in I'll
n Planters Bank and the Mississippi Ra
q Road Company Something may be o.
- tanned, and most certainly every leg
y and proper means should be resoried to
IS secure as much as possible; and the Legl
q ature ought especially to abstain fro
!, any act which could by the remotest po
70 siblity endanger the States interest
: either of these institutions. 1t is i'd
, however, to rely on the assets OF the
r. corporations to meet the bonds. IL is III
i. lust to require holders of these bonds
!. await the final settlement Of the bank
is affairs for their proper dues,
in have not permitted myself to dou
! that the State would at the earliest perlo
Of CONSTANT with her engagements TO 9th
j. creditors commence the payment OF the
bonds. They have been thrown upon
III unexpectedly, and hence we have not be'
m prepared to meet them. The large d.,
IN dends declared by the Planters Bank
,y many years and the supposed solvency
n. the Rail Road Company, during its brl
e. but unfortunate career, lulled the pub
90 mind into security. The sudden exp
"A sion Of both these institutions startled
n, people with the unlocked for inieligenc
NJ that a fund of Two millions oil dollars ha
rol in great measure, been lost, and thai
he heavy debt had, in consequence, be
a thrown on the Treasury for payment.
ii. They have not shrunk from their leg
he mate responsibility, and they nepcr 'ol
m. | speak confidently, because in ls4t
Ilv maintained the States liability TO pay I
m. debt, and the people sustained me-
elf my inaugural speech, reiterated my op
raj ions, and they have ever since been
len disguisedly proclaimed, and the peo
lds have again elected me by greatly