The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-05

raj Assembly last winter by an attempt 10
show that we had 81 I,6i> ,lj7.0j invested III the
same securities in which IL was invested III
1850. This is true. But of what does this in
vestment consist! 1t is in old James hlVer
stock, old military six per cents, bank loan vi
lsli, loan TO the Commonwealth, ana lnterilni
Improvement loan. The only show of value
that can be attached 10 these securities IS To
be found in the tact that they exist on the sta
tutc book, and not one cent can possibly De
realized from any Of them, except by diFect
tax on the pcopl. Up 10 ls6l between two ana
three hundred thousand dollars OF this fund
was invested In bank stocks, which yielded
dividend the whole Of the balance had been
50 managed that il was lost, as far rs p"rma-
nCnt securities were concerned but lis pay
mcut was endorsed by the State, and the peo-
ple were taxed annually Tor every cent eN-
pended for literary purposes, except the divi-
deDds derived from the banks. Ana yet the
idea was held out 10 the people iioin year 10
year that we had i Literary fund OF over
-. .pJo, ,Ooo from which dividends were derived,
and an annual payment was made 10 schools
and colleges out OF these pretended dividends,
which, rs l have shown, came directly from
the pockets OF the people. The " Literary
fund " is Il myth. 1t once existed but II Il
squandercd, and can no more be reckoned
among the assets of the State than can for.
tune spent be left rs a legacy 10 The children
OF its former owner 1t is useless 10 attempt
10 legislate about 4 thing that has no existence.
In this case il must be set down To the ac-
count of profit and loss 1t was not lost by
the war-except the small amount of bank
stock-it was gone before. When, therefore,
you expend money for literary purposes, you
should not order the payment 10 be made out
of the " Literary fund but you should sim
ply and truthfully direct il 10 b. paid ont OF
"any moneys i'll the public treasury not other
wise appropriately and for which tax must
be levied.
The subject of the education of the freed
men is attracting great and deserved attention
all over the country. Ii is admitted on all
hands that If the freedman should De made
valuable member Of the community, IL must
be done by aflOrdiug him the means of intel
lectnal culture. l am gralited 10 be able 10
state that considerable sums OF money nav"
been raised by benevolent societies OF the
North for this purpose, and that 4 number ..
schools for the education of freedmen are in
successful operation in this city and elsewhere
in the State. II j. proper ana Just 10 the>"
benevolent aSsocin tions 10 add, that IN addI-
ton To the freedmen : schools provided by
them the Soldiers Aid Society Of the North
have established int 6his city schools for white
children, provided with competent teachers,
which are now prOspcrIn., and where up
wards Of 3oo children are gratuitously taught.
AGRICULrrRAL LAND SCRIP.
In compliance with the act of the General
Assembly at your last session directing IN
agent To be appointed to receive the land scrip
donated by Congress for the erection OF an
agricultural college, appointed W. Is. lsaacs,
Esq, of Richmond city, the agent 10 reccIH"
and sell this scrip. He has given the matter
the requisite attention, but owing 10 the press
OF business In the Department OF the Interior
ut Washington the commissioner has been, rs
vet unable to deliver the scrip, though be-
Ieve il is now nearly ready for delivery.
1t may become your duty IT the present Ses-
sion 10 designate the location OF the lhStl u
ton which Shall receive the benefit of this do
nation William and Mary College is now
without proper buildings 10 carry on success
fully its operations. am in great hopes mat
YOU Will make il the interest OF that lHstltu-
ton To change its location to this cItS by al
ding 10 its present endowment the proceeds oi
the sale of the lands donated BY congress. 1
think it would he grateful 10 the feelings OF
the friends and alumni OF that ancient seat OF
learning 10 see il transferred 10 the meropons
of the State With this rich endowment ~
would br blaCed in Il condition TO rrsElh" LIS
| former high place among thc literary ihsliiii-
tiuus OF the country, ana perhaps 10 cuHhi its
former renown. Il would be necessary ol
course 10 change 10 some extent the courS" ui
instruction in order 10 make ii the great poly
| tnrhnic school contemplltcd-by III" muniii'
/ crurp Of Congress, ana 80 much needed ny ti1'
81 .. | have seen no reason 10 ch;thEe 'll'
| view : in regard 10 this SUBJECT presented III
my last annual message, which again submit
! Cor your consideration. In myE1p!nlon, IL"
| college 10 which this donation shoHld br ap-
| tlird should be- located in the clIy OF Iich-
| inond, which IL central aud easily accessible
! from all parts oI the state. 1t should ne
! polytcchnic school, teaching modern Eth-
/ guagcS, mathematics, natural philosophy, me-
/ chanics, engineering, nitncraIogy' &roloSE,
/ vegetable and mineral chemistry anu chtlrs
! of design botany, and agriculture, with null
| tarv tactics 10 complete the list. Ihe iarm
! should embrace about 500 acres, WhtcL "o"!u
| afford ample room tor the Cnltur" OF Inc Ninc'
and the :scertammeut of all its choice NlrIt-
! ties adaptrd 10 our climate. Fruits should DC
| cultivated with the arts OF grating ani
dwarfng The cereals and root crops should
| have their place, and opportunity Afforded lot
the application of al The i"ri!liZ"rs. All me
| berries should receive their fun share OF at-
| tcntion The school should hay" no vacation,
and, If possible, the course OF instruction
should cX.cad 10 five scholastic years. lAre'
months, from July 10 October, should DC spent
| in the field with their tents and the full corps
| of professors This would afford ample oil-
| portunity for the practical application OF all
| their studies. The estate, with is agriculture,
| botany, miHcralugy, geology, ara geography
would afford an ample Held Tor lAfrstlsatlol
| to the corps of teachers and pupils. This Is
| what our State emiucutly needs At this time.
| The Young men OF Virginia are equal III intel
lect To those of any State or nation. lheir
| education heretofore has consisted IN the rou-
| tine OF the old collegiate course, ituug thrAl
| for stump speaking, politics, law anu lnedl-
ciuc-all we'll enough III their placcs-bnt II
has not qualified them for developing the true
wealth of our great Commonwealth, blessed,
| As she is i'll 4 more productive soil and abound
ing with a greater variety OF mineral ores lhan
any other State i'll the Union. ms sClLool
should be metropolitan in its location. The
people come from all parts OF the State 10 ne!
metropolis, the great STATE school shouiu p' p
! there lis development and pertcCtious, III AL
| things taught there, should b. wher" the pco-
ple could see them. There would then be en-
| couragement for emulation and progress. II
would be the great light OF the State III Ill ina
would bc taught there
TIIR LUSArIc AND DEAF AND DUMB AsFLuAf.
| These benevolent institutions, dispensing
| ,I,. l,tt,, a.. hl trn Tpp
pieuts OF their ministrations, are we!l khoWI
! 10 vou They are the asylum5 OF the uAIor
innate aad afflicted, and the good they az.
constantly dispensing recommend thcr ilDcTA
encouragement 10 your favorable consIdere
ton The reports OF the officers OF these III
stitutious are herewith transmitted,
EMIGRATION.
The subject Of labor is attracting great at
teutiun in the State. We must first depeut
upon the native labor now in the State, whit
and color.d. This i 10 be encouraged by th
repeal OF oppressive laws, by the encourage
meut of common schools, and by falr Way
and kind treatment. The culored man IN
rrea, odds against him. In many instances h.
il paid lcss wages thTn the white man, III IN
same field, and required 10 do the same amour
of work. If he does not. he Is denounced Il
worthless he has the theories OF pohtlclah
and the dogmas Of diyines against him; tn
one class maintaining that the true theory o
| tho organization OF society i, that capita
should own labor; and the other proving L
their own satisfaction, from the sacred record
| that q cd in his wisdom made the negro Tor
slaye-that he is the laborer 10 be owned an
worked for his own amelioration and advance
mcnt and the general good Of the few WA
should own slaves. Men are attached 10 The!
| theories-by these kings rule by Divine right
The negro has TO progress, ifprogress he shaii
against theories In some sections OF theStat
he has done we'll this year. He ought 10 nav
A fair chance; and il may be, when he shal
have rs many inducements 10 work - TIL