Cedar Falls gazette. [volume] (Cedar Falls, Iowa) 1860-1895, 1862-01-24

OF the borrowers have ceased to paw the in
terest as it falls due, and the results are
rapidly increasing debt with greatly d
minished security, and an increased taxatio,
upon our people to supply the deficiency il
the school fund caused by tho non. paymen
Of interest. More than this under our Con
stitution, all losses to the permanent Schou
and University Fund which shall have beer
occasioncd by the defalcation, mismanage
ncnt or fraud Of the agents or officers con
trolling or managing the same, becomes per
rnanent debt against the State. Large losses
to both these funds have already occurred
and the amount is steadily increasing, fo
want Of proper attention and proper laws
The responsibility for these losses rests will
the law-making power of the State; and tn,
responsibility for all further losses must res
there until by the enactment Of proper laws
that responsibility is placed elsewhere.
recommend that provision be made requiring
the prompt closing up Of all loans which are
insufficicntly secured, or on which the in
tercst has not been paid within a rcasonabl,
time, unless the borrower shall entitlc them
selves to further time by giving further Sc.
curitics, or the payment of interest due.
also recommend that where loans are now
sufficiently secured and the interest paid, an
extension of time be given to the borrowers,
If desired, under proper limitations that no
new loans be male; and that sums of the
principal Of either of said funds that may be
paid, shall either DC paid into the State Treas
ury and used as other State funds, the State
paving interest thereon, or invested for the
support Of the proper fund either in the
stocks Of the United States or Of this State
The State University is now in successful
operation, although much embarrassed for
want Of means arising from the non payment
Of interest due on loans Of its permanent
fund. The enactment of laws requiring the
more prompt payment Of interest, and for
the safety and better investment of the per-
lnanent fund as above suggested, will enable
the Trust es and Faculty to extend the use
fulness Of the institution. ! am decidedly
Of opinion that not only the interest Of the
institution, but also of the State require that
you should provide Military Department of
the University, and should establish Mill
tary Professorship therein. The sad cxpe-
riencc Of the last few months has shown us
the necessity of military knowledge among
our people. BY giving to the young men
who may attend the University. military in
strnction and training, we will not only ben
eft them, but will also have made provision
for what our present experience shows may
ut any moment become a necessity to our
people The Board Of Education at their re-
cent session directed the Trustees Of the Uni.
vcr.ity to make provision for Military De-
partment therein as soon as the General As.
sembly should make the necessary approprl.
atoms therefor, and earnestly recommend
the subject to your favorable consideration.
-a.a..s THE rENIrENTIARY.
The affairs Of the Penitentiary have been
well conducted during the last two years
It's present faithful and efficient officers, al
though laboring under many difficulties, have
by their careful management maintained ex-
celient discipline, preserved, in a remarkable
degree, the health of the cenyicts, and have
80 economical its expenses, that of the SUN
appropriated at the last regular session for
the support Of the Prison, there remains I'M
expended an amount SO large, that in the
opinion of the Warden, no appropriation will
he needed at the present session. These
officers, however, as well as those in charge
Of the Insane Asylum, the Asylums for the
Deaf and Dumb, and the Blind, and all 9th
ers who have been charged with the duty of
procuring for the State either labor, materi
ais or merchandise Of any kind for ordinary
State purposes, have been continually en-
barrassed for the want of money, and have
been compelled to carry on their operations
and make their purchases at great disadyant-
age with warrants on the Treasury. Of
course they have been compelled to pay high
or prices in warrants than they would have
had to pay in cash. As soon as these war
rants are delivered, they are presented to the
Treasury, and endorsed unpaid for want of
funds, and from that time draw eight per
cent interest. so that the excess of price and
interest are SO much clear loss to the State
that might he saved if our taxes were prompt
" paid Neither States nor individuals can
manage their affairs in this manner without
serious present embarrassment and great Ill
innate loss, and in my judgement it is clear
~ your duty, rs guardians OF the public wei.
fare. to see to it that this state of affairs shall
got continue. The report of the officers of
the Penitentiary .s1SNx the sums which, in
their opinion. shosald be appropriated by you
and the objects for which they are needed. -
Whilst am satisfied that all these objects
are leeitth hate and that >the accomplishment
d - would add much to. the safety and
completeness Of the PrisorNI cannot in the
presenssconditiorrof our finances recommend
appropriations for all. The completion of
the third tier of cells, additional ac-
commodatpns for the hospital, additional
showroom N,d a new cstcrn, ar. perhaps
indispensable ana should b. provided for.
The suit pending for some years between
the Warden and the contractors for the labor
Of the convicts, has been decided, and in my
judgement very unfavorably TO the State. In
view of this decision, it will be necessary
that considerable additions be made to the
present shop-room in the prison yard, unless
it be determined to feed and clothe the con-
victs at the expense Of the State. and furnish
their labor and shop room for them gratut-
ously. recommend that Special Commit.
tee be sent to examine what farther shops
may be needed and what steps can be taken
to protect the interests Of the State in this
particular. The present contract for convict
labor will expire on the first day of June,
1864. In order to have fair competition for
the re-letting ofthat labor at the expiration
Of the present contract, provision therefor
should be made at the present session, and if
possible, such provision should be made by
laws as will prevent, under new contract,
the heavy losses the State has sustained un.
der the present one. ....
u cHARIrABLE INSTITUTIONS.
The reports Of the proper officers OF the
INa,c IA HDn,h opl PHIL