New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-01-03
VOL. TX. No. %@1.

nc uths subsequently. nc remaining : JD .. me
above sum were borrowed ID p1rs1snca of CHI o'er
~ q the laws Of 1919 FOR the building OF the S.a,s
Arsenal, and IS 20 be re.m5u-ssd rom 70. avs.s Of
the sale d tho land in ths City Of New-YorS acre
to.ore occupied for the Arsenal
T q annual interest or the General Fund DEBT
nov amounts % S35i729 C. While the annual
amount set apart by the Constitution from The sur
plus revenue o. tie canals as Sinking Fund 60 be
applied % tho payment Of the interest and primo pal
o.! hs debt. y but 5350,0o) showing deficiency
% meet tho interest in each yesr from t.is a7pro
pratOn oi So p 56. which mus 10 pad or o
III revenues o. the Fund throwing another b-,
den upon tie Fund, and presenting s,rOnr sdno
milton Or Tire neccssitv oi economy aud discretion
IN tie amounts and objects o. Legislative app.1-
pra' With prudence IN this respect the rev
enucs Of the Fund D. IS thought VII be fully afe-
qua'e 10 meet the current and legitimate cra.'s
upon them.
OF the Canal Debt. s3I40.slo 81 vi become
dle p.or 20 January 1886. The ayas Of TIC Ca
nal Debt Sinking Fund will be sufficient 10 meet
tins amount. ~ the surplus for the years so euc
ls52 can be arranged 20 meet the loans ia.ng due
Ia e5l. ana 10 further Oan the credit oil the
Fund wlll he required 10 meet the stocks now ont
staudAy uu;I lie IS January, go when 100000
WI become due.
o. Tie Ist Of Jay iast sz1i9o0) Of the Canal
DEBT fell due, all Of which with the exception o.
So 0)o bore interest al seven PEI cent The aP
.
Plus revenues OF The canals - the Sinking Fund
no. being sufficient to retire the Cana. Deb as fast
rs D. fails due tho 9Th section q the 9TH article o.
the Constitution. authorizes loans upon tho credit
%. 'hc SINKING Fond for this purpose In pu-su
ancc ~ hrs authority and under chapter '!h 1 The
luNs of I-t- - 13pO@i ~ were borrow cj D.. Jun"
lDs' rc1ecmab.e in Judy l-6j 4 loon hes also been
effected Guruc The HeaC undsf the lp't section o
article roy the Constitution, and IN pursuance oil.
chapter &-- OF the laws a. l-i9 10 the amoI Of
80 600 Cor o1t aOrduar, CANA repairs And .tr
'her loan has also been negotiated Du the &c in o
the Sinking Fund rnder chapter 2i-. o. the laws
oi 80. for the purpose Of dlscharSmg The CLAIMS
alnSi he State for DAMAGE and awards due PRIOR
10 81 June. 1916 which although not then .lqud
atcj con s'ituted part Of tho Canal Debt Al that
date tor the payment Of which ii" 81 section OF
article Of the Constitution creates the Sinking
Fund.
These several loans bear interest at six PEI cont
and il may be remarked with inst pride and salts
faction. M contemplating the high credit Of the
State that these loans, running for fifteen md siN
teen wears. respectively, have yielded an average
premium Of II 20 100 per cent
4 law passed last Winter authorized the ho1ow
in- 81 sum Of money 10 repay 20 the City oi A.
balr certain expenses incurred toi eXcavatng and
cleaning ont tho basin. opposite TO that city ut the
termination Of the Erie and Champ,ein canals -
TIE necessity for borrowing this money VII be-
A''h, II Iic Ist-iHihtHit hihi Nhiih Ii'l'' co.
direct the Application to tho repayment contem
plated by the net referred TO- Of tho premiums re
ceivcd on the loan Of Sl,73qO2i -, effected last
summer, which amount t. s2of9ii 50.
The Enlargement Of the Eric Canal. and tho
completion OF Black River and Genosce Valley
Canals are progressing a. rapidly rs consists with
the limited appropriations Cor those objects undo the
Constitution. lnthe spring OF 1850, l22 Clio miles
% Che enlarged Erlo Canal, aud as enlarged stu'
lures VIII be IN use. being al addition OF 10 miles,
and of a structures during the year
OF the Black River Canal, - miles arc finished
and ready for navigation. and will be opened TO-
u.e with the other canals next Spring
Ol the Gcaosce Valley Canal, &c miles bevoId
its present termination, arc ia such state OF Tor
warduess TIM, they can 10 brought iato use IA The
course Of tho next season.
The appropriation made by the last Legislature
for improving tho upper waters Of the Hudson
River has been iudlciousy applied. and will have
tho effect Of opening new tributaries oil revenue 10
the Champlaln Canal rs well new channels OF
approach 20 a large ana hitherto secluded region
.iCh in The products OF The mines and the forest, aud
which. until recently. had received but little if any
aid from the State toward the development OF Its
resources
The coadition, on 3Oth September last, OF the
three funds whose revenues are appiedto purposes
af education. was as follows
Com School Fund s. ss % ssa 1a % ssits !
tl'sr peSos Fund 4o iiS Il 2S5, % iSoa <
The adoption by the People at the last annual
election OF the act to establish Free schools through
out the state, viii effect most important change
in the system OF Common School education. In
der this law, the Common Schools are to be free to
al persons over FIVE and under twenty one wears
Of age. On the first day of July last there were
lll9l organized School Districts in the State being
an increase Of $50 over the number reported last
wear. end the number OF children taught IN the
Common Schools during the year was 77e,3O9 be
ing an increase OF 9, $50 the preceding year
There are 1893 unncorporatcd and private schools
IN the state, comprising '21eo pupils. Inc az
gregate amount OF public money received by Inc
several Common School Districts. from all sources,
during the YEAR was ssi6,7lO IS. OF this sum,
S625 $50 % have been apportioned for the payment
Of teachers wages In addition TO which sie9'
6q6 g were raised in the several districts on rate
bills FOR the same object. making an aggregate OF
sll4340l 10 expended for teachers wages during
the wear ending lst January, lsi9.
The whole number Of volumes IN the District
Libraries is .iO9 l5i: 70.306 volumes having been
purchased during the year and S93,loi 50 having
~cen expended Tor District Libraries aud school
Apparatus
OF the Schools before mentioned. IS are for col.
ored children. in which upward OF 1000 children
have been taught. al an aggregate expense OF
Si0l6 81 Of which s2.li9 60 were contributed on
Considering the usually very limited means OF our
coIored population this large pToportionaic oontr
butioa voluntarily paid by them, shows a most com
mcndsble desire, On their part to secure TO their
children the benefits OF education
The report OF the Superintendent OF Common
Schools. viii probably suggest some amendments to
be made to the existing laws trust thst they
W n be such a. will commend themselves to your
favorable consideration
The Normal School was removed, VA tie 5I,t
lulv last to the larcc and commcdous edlhCe " hich
the state has recently erected Tor ~ use at cost
OF $4,000 The benefits resulting from tins nst
tuition are FULLY jusiyns the erncst sniicipst.ons
of It's friends and are making themselves manifest
u the impro, cmcu, already effected amcrS the
teachers Of Common schools The whole number
~ pupils admitted 10 the institution since its crsani
zetion. has been l.l2e, OF whom 49, have era
dpatcd nearly sll oi whom are now engaged an the
duties Of Common School teachers. The present
number OF pupils l. 2l'
4 proposition will IS / am informed he made t.
Won IL authorize the instruction 81 this schoo. ~
limited number OF Indians IN the hope, by this
means. oi introducing higher order OF education
and OF civilization among the small rop'nsnts o. tbs
alorieina race which are left within our borders
solicit for this proposition !our attentive ana "a
voTShle consideration, measure not on!
prompted by the dictates Of humanity and eenfNo
.cuce but demanded allke by considerations OF hlSh
~. q fnskra ~