Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1853-12-15

ING laws amounts, IS stated to Sl4lzs6<A - II &
an amount ~ 20 means great in ic1rI. IT. . |kith
the resources Of the State The vain. Els. ..hole
properly Of The people Is estimated BY Ill nItor q
puhlie accounts a See, 100000 The revenue IS be
raised for the support Of government inrIudip the
o. the interest," upon the entire debt aS re-
CURED By the constitution viii be ab0nf 81 0o0 ON
II the whole Of this sum were raised fr an I'D rao-
fsa tax upon all property which might he subjeetea
to taxation, the rats III tsx necessarr h, nro,s ~
amount wond le less than IS cents az The mind 8 }
dollars and II it be said that large amount 81
property Of the people has been exsliis t law f2
taxation, and five estimate that amount ii one ais
Of the whole yet If the whole sum reqnisite for t
aunaA wants o. the government be raised in litts
manner upon 500 0ee GOO Of proneyty fthe RENAME
ing two thrds) the rsGSe Of tax win oniy IL SO cen
on the SlQo, small tax compared with the maQnili-
cent results 70 be attained by The debt Incurred
lsni isse aeFiyes about half IL her rprsnas
from other sources Id il manifest thai 4 r,,,ch lss
proportion in The hundred dollars viii be REQUIRED
not more it isSbelieved, than enc half that amount
II will be SEEN that iii ennmerating the liabilities
of the State, have emitted those to the Literary
fund. have done 50 intentionally because in nv
estimation, this can only be considered as debt
from the state To herself The total productive caY-
ital Of the Literary fund Is $l6o6 soc "a. This A.
mount was created with the means Of the State and
Is invested in the stocks OF the State banks in
State certificates. in other stocks and in loans 10
colleges The tana possesses 81 l6T.5T3 so Of State
certificates The STATE then, this amount to her
own fund The object IN creating this fund was to
provide capital whose principal was never 10 be
diminished hut which should be invested so as to
yield annual interest for the purpose Of education
II the State, then, pays the Interest annually and
never pays the principal she aceomplishes the OBJ
Ject bad in view in creating the fund 1t amounts
10 the same thing making an annual direct appro-
pration from the treasury eqnal TO this interest Ii
is never contemplated pay The debt and therefore
Il Is useless 10 estimate il such II IS and will be
considered and estimated as a part of the ordinary
expenses Of the government The debt viii moi be
taken from one pocket and paid TO another but
the means viii ever be faithfully provided for lily
erizing and enlighieniug our people
The operation of the Sinking fund, which have
only commenced during the past fiscal year will
in few years exhibit results worthy Of its proiec-
tors. Tie statements Of its receipts and disburse-
ment accompany the report Of the second auditor,
herewith communicated
The reports Of the auditor OF public accounts and
the treasurer win present the state fthe treasury
refer to them fer the details ofthe revenue and ex-
penditures of the government The receipts during
the last fiscal year. including the balance in the trea-
sury at the end Of the preceding fiscal year, were ST.
9598fI ~ and the expenditures for the same period
adding and ieductins small amount Of warrants
issued and unpaid at the termination ofthe proceed
ing and present fiscal year were 81 1858 22 leav-
ing an aneypended balance in the treasury on the
LIST Of October 1853, ofSlS6,259 81 presenting the
tee raised were more than
sufficient Tor the ordinary expenses of government
The addition TO tie debt of the State, made at the
last session. wall Of course require increase in the
amount Of interest to be provided FOR sd that We
cannot estimate that the same balance viii be in
the treasury at the end Of the present fiscal year
It'll estimated that the receipts into the treasury
from al sources for the present fiscal wear win be
about two millions Of collars and it is believed that
the expenditures for the same period will about
equal the receipts, showing as stated before that
the present rates OF tayation will be sufficient for
the current expenses of government and I'd pay the
interest Of the entire debt Of the State as required
by tke constitution. X is impossible to estimate
what appropriations may be made aiyour present
N.At, sill - d. ..,~-ss,i' t'"t
quires them, and Of course provide the means to
meet all our engagements and liabilities.
In connection with the momentary affairs OF the
State have to announce the death Of the late es-
Unable treasurer Robert Butler. Tie died in this
city the 2Ist day Of July last having most faith
fully discharged his duty TO The commonwealth.
In supplying the vacancy until it can be flied
by the General Assembly, | rendered the Office 10
sHenry 4 Wise Of Aecomac, who declined the APP
pointment Jonathan B. Stoyall of Halifax was
subsequently appointed; and il affords me pleasure
to say that he has qualified, and is new in the per-
formanee ofthe duties OF the office.
TIE report of the Second Auditor upon the Litera-
~ Fund will give you full information upon that
subject The design Of the Legislative in the crea-
ton ofthis fund 70 dinse the blessings of edu
cation The elevation Of the capacities of all to the
powers and duties Of government became essential
in reFntlic whose foundation rests upon virtue
and intelligence 1t involved alike the interests of
humanity and the preservation of the constitution,
laws and liberty OF the people. The primary school
system established with view to promote this
object. II was intended especially for those who
have limited means and short time to spare from
their daily toll The policy was noble one, and
deserves 70 be extended and improved 1t is to be
regretted that a more uniform system is not observ-
ed throughout the Commonwealth. The advania-
g6s Of such system are too obvious 10 need recital
tion and after an experience Of several years the
free school system, sS adopted by several Of the
counties in the State strongly recommends itself to
our favor.
Bv an act passed at The last session. which appro-
PIRATES the entire net revenue derived from the cap
itation tax to the purposes Of primary and free
Schools the amount applicable TO that object has
been increased more than two-thirds This law
however requires modification Of its details, be-
cause Of the Inability Of the First Auditor to trans
fer this quota upon the first day Of January Of each
wear inasmuch as the whole amount viii not have
been paid into the treasury by that time The sum
Of $4,000 which had heretofore been set apart from
the revenues Of the Literary fund for theedueation
/ OF poor children had proved insufficient either TO
secure the services of competent teachers or to edt
cate all the children who were proper subjects of its
bounty Under the provisions Of the referred TO-
there was derived from the eapitation tax Of 1852
annual appropriation Of $4,000, made Sl26 400 To-
be applied 10 this purpose for thelast fiscal year,
This sum, even under the present defective SYSTEM
afforded very great increased facilities for the ednca
ton of numerous aud meritorous class Of ehildren,
whose minds as readily receive and improve the
advantages Of an education as any Others.
|. Ii viii be seen by the second auditors report,
the permanent capital Of the Literary fund is 81
COG 500 81 and that The same is annually increasH
ing because its accruing revenue exceeds its expcn-
ditures. ] recommend, therefore, that an amount
be annually appropriated from this fund which, toll
cether with the salaries Of officers chargeable there
to and the usual allowances TO the university and
military institute, shall equal its revenues. 1t il
estimated that for this purpose there will be der
we'd from the capiaton tax of 1853 the sum Of S60-
600; aud in accordance with the above recommer+
dation would advise an appropriation Of $50 ooh
from the Literary fund which would make the sum
Of $4,000 to be expended in the patriotic and phi
lanthropic purpose Of educating those, many whom
are to take our places upon whose virtue and intel
ligence must depend the stability and perpetutv 81
our Institutions II is only by preserving these tha
we can hope 10 maintain our character and seeurt
1 thatfYery liberty we 50 highly prize.
Ar,ong other evils of the system which have doaht
less attracted your attention is that provision in M
ner.law which authorizes the school commissioner
in their respective counties 70 fix the price in tuition
provided It shall not exceed four cents for each day
the child NAV attend school IN mahy Of The counte
he compensation IS fixed at less than four cents PHI
aar. 10 enable them to extend the advantages 70 u
mans As possible The consequence Is, the serric
Of cnnpefent teachers can rarely he had those III
capable Of proper discharge Of this delicate ar
important trsist are employed the money : expei
4 ded and but little ifany benefit is derived INouli
1 advise therefore for the purpose Of securing tie ~
4 vice Of competent teachers that higher and uri
f,rut rte hc Fixed By law This aihjeet must pFe
s SfcIf ~ every rejecting mind hs one Of the mrs
inn and ask for il your early attention
an highly grAtilsII e Be able p inform you tAa