The Lansing state Republican. [volume] (Lansing, Mich.) 1855-1874, 1860-08-08

The relation occupied by the State to what are
commonly called the -. Trust Funds is fducia.
~ relation, ike that of guardian to minor
heirs, Of an executor to legatees, or OF an ad-
ministrator TO creditors, of a trustee, TO the
eest 9ai trust. Such relations the common
law has always guarded with jealousy and vigi-
lance, and so seduous has il been, that the party
! occupying the fduciary relation, could never in
any wise, become the purchaser of the property
or assets covered by the fduciary relation either
directly or indrectly-not even q: public sale.
Such purchases have ever been held 10 be void,
absolutely. Such is the relation of the State,
through its officers, the Commissioner OF the
Land Office, and the Treasurer, TO the Universe
~, and to the Primary Schools In the latter
case, every child in both Peniusulas, having
right to the means of culture in 'the Peoples
College"-,he Common School, is q sufferer BY
the bad faith OF those Locofoco officers, who dis.
regarded their oaths, and stole the money which
they had soleuinly sworn, sacredy TO keep, from
these poor children. He who snatches bread
from the orphans mouth, or picks coppers from
the eyes of dead men, does, without doubt. a
wretchedly mean and despicable act, yet he who
comes between the poor child, and his Only hope
of al education, does far more despicable
thing, vet such thing have the Locofoco Office
holders of Michigan done, persistently and sys
tematically, year after year.
| During the FIVE years succeeding lS47, say up
TO January 1852, the amount of sums which
should have been paid into the Treasury on &C.
count of the University fund, in the form of
ment, was S27l,77l 81
The amount actually paid was DAG, lei 80
The balance which was stolen by the
Commissioner OF the Land Office
during that time was S25,6l0 81
This fact is recapitulated from the official Re.
port Of the Superintendent Of Public Instruc-
ton, where the details are to be found, by any
and all persons who may be DESTROYS of investi.
eating them.
The Locotoco newspapers, have liked upon the
year 1912, az il by common consent, "a point
of time "beyond which the memory of man,
runneth not to the contrary" As a sort of
"statate of limitations" behind which no enquiry
is to be prosecuted. For this, doubtless, they
have their own reasons, and supposing that they
are good reasons, We are willing to credit their
"theft account with the official stealings, pre-
vious to lS42, from the peoples College,
otherwise called the Primary School Fund. This
"theft account" which is entirely accurate
and reliable, and which forms a part
Of the official Report of the Superintendent
of Public Instruction, QS5S) covers the whole
welded power in Michigan, and from this care.
fully compiled statement, it appears that the theft
from the principal Of the Primary School
Fund mp to, and including the year 1851, was
the sum OF 5.s,57I 30
During the same period, the theft
account" is chargable with the sum OF p, 669 Il
ON account of interest. To which re
mains to be added, by way OF "nci.
dental stealings," in small amounts,
sometimes of principal, and some
times Of interest, 3,01G 81
To these amounts IS to be added the
sum of I,717 -
Gin the hands Of agents. meaning
one Bceson, where it remains TO this
day, although sui: was once brought
to recover it.
There was loaned of the PRIMARY
School Fund" to worthless Locol0co
partizans, not cent of which has ever
been recovered, the sum of II, 900 90
Add these sums together, stolen ON
one pretext and another, from these
two educational funds, which the
thieves had sworn TO keep sound, and
be at the trouble of casting compound
interest from the date of the theft,
and these funds will be found to be
creditors to the State, to the am'nt of 49, .oS
Yet the very men, under whose noses these
immense sums have been from time to time sto.
len, say the Argus-eyed Barry, the immaculate
Fenton, the methodical Shearman, and the in
flexible Pennoyer, are now asking TO be replaced
in power and place, because Of the great virtue
Of the Locofoco party, and its leaders
| The name of Abe Lincoln IS IN awful scare
crow to these men, but oh for such a scare.
crow as that invented by the ingenious Yankee,
which was so awful that it made the crows bring
back al! that they had stolen in previous wears