Prescott journal. [volume] (Prescott, Wis.) 1861-1871, 1867-01-19
10000 rs
NORMAL SCHOOLS.

hOkMhL sShOOLS.
After fully considering all propositions re-
ceived from different localities, the normal
school regents resolved TO establish schools
at the following places:
At Whitewater, which donates a site and
S2j, 600. The school building is now being
erected, and will be ready for occupancy
next fall.
At PiatteviIle. which donates the Platteville
Academy buildings, with 81, 10000 to put the
same in complete repair, and $4,000. 90. This
school b been opened, and am happy to
ga is a complete success.
At Oshkosh. which donates site and $780,
900, the necessary buildings to be erected as
soon as practicable.
At Stoughton, which donates a site, $685.
OfO.0O and forty acres Of valuable timber
land.
AT Sbeboygan, which donates site and
s35, COO 90, the probable cost of the requisite
All Of these schools will be opened at az
early q day as the condition OF the funds
will warrant, and from them there Is every
reason to anticipate very great benefit to
the educational interests of the state The
fund is a magnificent one, and to those who
originated and advocated the legislation
which created it, the people Of the state are
under lasting obligations.
The total productive normal school fund
now is 1898, 999. 80 and the number of acres
belonging to the fund is 493,91O The receipts
for the past year amounted to S63,O32.t6s
and the disbursements were as follows;
Wisconsin Bonds purchased. SGs. eOO.c0
Tax Printing and Refunded Items.---.- 3,732,69
TTAasferred to other funds. 2l,69O45
Total ............. ssa.sas a
The receipts of the normal school fund in
come amounted to S69. 1891. The disburse-
ments for regents, clerks, building 5, attor-
news fees, transferred to other funds, and
protecting lands, amounted 10 81, 766O3,
leaving a balance to this fund of S56, $40 %,
to which NAV be added $4,000 90 to be paid
by the localities above named, and $50, 1880
interest which viii accrue to the fund early
this year. making grand total of $3.50, 1870,
subject to the order of the regents.
THE STATE UNIVERSITY.
The state university having been reorganr
ized and the lands granted by the general
government to the state 10 aid OF 2n agricul-
tural college, added to it's resources, there is
every reason to believe the institution has
entered upon more permanent and extended
career OF usefulness The regents appointed
under the provisions of chapter ia laws Of
1866 entered upon the discharge OF their du-
ties on the 9th day of June last. Their re-
port shows that the county of Dane has de-
liyered to them county bonds to the amount Of
SAC, 900. 90, and they ask of you the authority,
which think should be unhesitatingly grant
ed, TO invest in these bonds a corresponding
amount Of the university fund. They also
report the purchase OF. 1875 acres OF land adj
joining the original plat, intending various
buildings, for an experimental farm, at cost
OF S27, 054.00.
The total productive fund of the institution
is now Sl6s 29S IS. the interest of which, to.
gether with such Sums as HAY be TeeelVsa
for tuition, room rent. &c. viii insure an
annual income OF about Sl50JO.0O, while the
estimated expenditure for each year Is about
81 000. 90, leaving the annual lncome OF the
Institution inadequate TO its proper supporE
by about So 600. There are IL, 9o2 acres q
university land and 233 $50 acres of agrIcul-
tural college land belonging to the fund, and,
as they are disposed OF, this defi-lt Will OF
course diminish.
The regents ask, and with good reason, that
the state make up this deficit by reminding