Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1858-01-23
YOI. XIV, NO. .7S3.- lfssHEE.. VOL TX, No. ST.


More adequate provision should be made
for thorough education in scientific agri
%culture. Many states are now moving up.
on this question, and are founding agri
cultural colleges aad experimental farms,
and are memorializing Congress for dona.
lions of pubic lands, to endow and sustain
them. Michigan, Ohio and New York
petition for FIVE thousand acres each, fol
themselves. and ask in addition that the
same amount be granted to each of the
agricultural states. A bill has been intro
Iduced in Congress for an appropriation Of
six millions of acres for this purpose to the
different states. The memorial Of the
Board of Education of the State of Mich
ligan, and Of the faculty of the Agricultural
College, on that subject, is SO apt that
quote from it. They represent thai the
course of study in that institution is On
iseparabiy connected with q system Of la
hor in the institution; that it is It's design
and policy to at9ord ample and thorough
education Of the student physically, NOR
ally aud intejl sually; 70 ennob!e the
calling of agriculture, and teach men to
increase the productions Of the earth
They further represent, "tfiat in a country
SO thoroughly agricultural as the United
States, and contemplating the nature Of
the great trust TO the public lands with an
enlightened and comprehensive forecast,no
more legitimate and no wiser disposition
can be made of limited p~ortieiis Of them,
than for instruction of men in multiplying
the productions of the earth, and thus con-
d4cing to their comfort, prosperity and
higher civilization" | recommend that
you join in memorializlpg Congress for the
grant Of lands to tile different states, for
the purpose of establishing in this State
an Agricultural College, upon q perma-
nent basis. Our State and County Agi-
cultural Societies have baen wisely estab-
lished. and their affairs ably and pruden'ly
conducted. Great credit is due them for
he change already taking place in the es.
timaiion in which agricultural occupations
are held. TilIing the soil is al ancient
occupation; in itself the most honorable OF
any engaged in by civilized men. No
honorable man can look upon it with dis
respect, and no man who despises the oc-
|cupation of cultivating the soil is fiji for
any of the learned professions, or for the
respectable society Of men engaged IN ag-
r%icnltufe. The highest good to all man
kind, depends more, than in any other one
avocation, upon the wise and successful
prosecution Of agricultural pursuits.
INTERESTS.
A very la. ge class of our citizens are
engaged in lead and iron mining. The
mineral interests of the State may well be
classed in Importance with lis agricultural
and commercial interests. New develop
ments and discoveries are constantly male
in the. leal mining regions, which are
sources of great wealth to the State as
well as to individuals. 1t is Of much mo-
ment that the State render every facility
in its power, by legislation, and if found
practicable in the present stage of its fl
~nances, by material aid, to further discov-
cries as to the character Of the mineral
lands and the position and condition oflead
ores, at different localities and varying
depths from the surface Of the earth
Questions connected with this subject will
be brought before you by those who rep
resent the mining interests, and will be en-
titled to your careful examination.
BARKING LAW.
The Banking law of the State is def
cient in many important respects, affecting
the security of the bill holder, and needs
most thorough revision and amenlnent.-
The first duty of the State in authorizing
issues Of bank paper, is to protect the pub
lie, and see that they suffer no loss. All
banking history shows a tendency, in pfac-
tee, to perpetuaIly diminish public secnrl-
tv, either by expulsion Of specie, which
bank paper is supposed to represent, or by
the depreciation of State Stocks deposited
as collateral 10 guarantee a final redeInr-
ton. The. banking system OF this State
has proved no exception to the common
rule. T. e trainers of the law unquestlon
ably designed TO guard against this evil,
but the evidence of record, showing the
practices which have grown mp, conclusive
lv demonstrates that the original design is
a failure, and that security to bill holders,
instead Of increasing, has constantly d
Unfinished, more especially with the banks
Of recent origin. The object Of the law re-
quif;ng the deposit Of State orU. S.Stocks,
with The Bank Comptroller, as security for
tie issue of bark notes, was a plain one
These stocks were not TO be regarded as
bank capital, strictly speaking, bat as col
lateral security, available to the bill hold
Ter only in the emergency chat any bank
might fail to redeem from its " funds
Banks were expected to conduct their bus
iness upon their own capital and give Sc
%eurity besides, and such was the view held
and acted upon by the Bank Department
until a period quite recent. During the
past year, however, al entire change seems
to have taken place in the practiee OF the
Department in this respect, so that at this
time the stocks or collateral deposites, IS
made TO stand for and represent bank cap
ital itself; AID very large Issues OF bills
- 800 III II xt ,+0 orna,,iotr "a,