Green-Mountain freeman. [volume] (Montpelier, Vt.) 1844-1884, 1863-10-13

Iege, according 10 the PROVISIONS vi ttV aet
Of Congress. The act also provides, that all
moueys derived from the sale Of the land scrip
shall be invested by the Treasurer Of the State,
in safe stocks, yielding not less than five per
cent. uTon the par value Of the stocks, and the
interest Of the fund shall be appropriated Tor
the purposes declared in the act OF Congress
The act OF Congress donates to each State,
land to the amount OF thirty thousand acres to
each Senator aud Representative IN Congress,
the proceeds oil the sale Of which, or OF the land
scrip to be issued therefor, is to be invested in
stocks of the United States or OF the States, or
some other safe stocks, yielding not less than five
per cent, upon the par value OF said stocks and
to constitute perpetual fund, the interest OF
which is to be In1lolably Appropriated to The en-
dowment, support and maintenance OF at least
one College 10 each State, where the leading OBJ
lect shall be, without excluding other scientific
and classical studies, and including military tao
tics, to teach such branches Of learning as are
related to Agriculture, and the Mechanic Arts
in such manner as the Legislatures Of the States
may respectively prescribe IN order to promote
the liberal and practical education OF the indus
trial classes in the several pursuits and proles-
sions in lie,-and further providing that any
State which HAY take the benefit OF the provi-
sions Of the act, shall provide, within five years
from the date Of said act, at least one College,
as described in tho act or the grant to The State
to cease and requiring the State, by IFS legisla
ton, to express It's acceptance Of the provisions
OF tho act within two years from the date OF ils
approval
This brlef synopsis Of the general features Of
the act Of Congress will enable you to understand
more readily the position which this State, by
its action at the last session Of the Legislature,
occupies in reference 10 the subject. Theact Of
last fall expressed the acceptance, by the State,
OF the provisions Of the act Of Congress, within
the prescribed rerlod. II also appointed agents
to procure the land scrip from tho United States
government 10 which this State is entitlod, TO
dispose Of the s4me and invest the proceeds Of
the sales in safe loeks, hearing not less than five
per cent and Appropriated the fund 70 establish
a college, as required by the act Of Congress
The 6gents appointed under the act will in
due time, submit report Of their doings. | uu-
derstaad, however, that application has been
made to the Secretary Of the Interior for the md
scrip and that scrip either has already been, or
will soon be, issued to the State.
There remains now buta little more the, three
JpdlNf Nithih NHtNu biihV bho 9bdAk AHhNk GpNIif
with the provisions Of the act Of Congress, and
establish college Tor the purposes specified, or
the giant, IS to THE State, is to cease.
The shortnoss Of the time, the Importance and
magnitude Of the enterprise, its effect upon the
educational interests 81 the State. and great
variety Of questions involved, juatify me in call
Ing your special attention to the subject at this
time.
By the terms Of tho grant, there will fall TO
Tie share OF Vermont one hundred aud fifty thou
sand acres OF land, which at the minimum val.
uaiion Of government lands, is equivalent to one
hundred and eighy-scyen thousand five hundred
dollars, which salely invested in our own State
stocks bearing six per cent interest, would yield
an annual income Of eleven thousand two hun
bred and fifty dollars for the support Of the ia
stituti0n 10 be established or. computinr tho
valuation az double the minimum price. which
it is not unreasonable 20 expect TO realize for the
scrip, and which il the rate i0r railroad grants.
the valuation would be equivalent 10 three hun
dred and seyen-hyo thousand dollars, Welding an
annual income, for The purposes cohtemp ated
/ Of twenty-tWO thousand five hundred dollars
These valuations OF la1d, or amounts 10 Be real
zed from the sales Of the land scip, will be va
ried according to circumstances and may be en-.
hancei or diminished according to tie location,
and the judgment AMI skill used in making sales
OF the tame, and av.riety OF other causes that
may contribute to appreciate OF lessen the de.
mand for them Taking into account the tide
VI emigration setting towards this country, grow.
ing OUT OF the efforts bSing made, and the yari.
Gus organizations which have been formed, in
various parts Of the country, " stimulate and
. . I.,t la, q.
with proper care In the location of the lands
and Judgment IN the sales OF the scrip at leIs
the last fgures named above may DO realzed Il
the State.
The object Of this generous grant ia fully OK
pressed ia the act itself " the endowment, sup
port and maintenance Of at least &c college
where the leading object shall bu, without ex
GLIDING other scientific and classical studies, anC
including military tactics, to tvath such branch
: es Of learning as are related 10 agriculture anC
the mechanic arts, IN such manner as the eeis
latures Of the States may respectively prescribe
IN order 70 promote The liberal and practical edtl
cation Of the industrial classes, m he several pur
sais and professions IN hfen A most worth
. object indeed-and sustained by most muniti
a cent grant,-ayailable to every state, and abun
Il dant II properly managed, to secure the desire
a end-the education aad consequent elevation O
a the MASSES OF the people. Fully harmonizn
h with the genius OF our democratic institution,
:. utilitarlaa IN It's scope and plans fayorlug n
/. privileged class, but generously opening broa
N the door for the liberal and practical edueatio
r. OF the industrial classes, ahording them acces
!. not only to the higher branches OF scientific an
classical education, but superadding to this
a. systematic and thorough training in the ever
ID day, practical, and hitherto almost untaugh
n science of agriculture and the mechanic arts.
IN To Vermont, this scheme has peculiar yall
~ and importance, Eminently practical in all h
4 pursuits aud interests, with population har,
"a ly equalled, certainly not surpassed, IN intel
> gence and virtue, her hardy sons only need Il
90 stimulating influences which u thorough educ
Ia ton in such an institution, properly manage
would Afford, to place them IN the ioremo
or ranks among the cultivated and refined, and {
nd cure to her position for intelligence wealth,
re huence aud refinement, second to none in /
IN great sii terhood Of states.
Ier The grave question, however, arises, how /
MT benefit TO be derived from such an institut ii
re. can best be secured. Shall it be established
on separate and independent Institution, in viii
,to shall be taught oil t higher branches of "a 5
iel enlihc and classical education, with school
tv. military tactics, and the agricultural and II
IN, chanical branches This is, manlcstly, the
nal sign and scope Of the grant. But can suel
er- college be sustained, and yet justice be done
Inc other institutions already established in
ler State, and which, to greater or less exte
nd, have always been under its fostering care ? c
/ department Of agriculture and mechanic ar
= and of military tactics, be attached to one
by the other of these institutions, without creati
I've local Jealouscs, and in this way secure the b.