The Athens post. [volume] (Athens, Tenn.) 1848-1917, 1869-02-26
COMMON SCHOOLS.
= 'TII - ~ ~ NJ w ~ NNIUWI
Interesting Report of the Legisla-
NJ b9io1 tive COmmitteeV lre .heg


House Joint resolution No. 237, to exL
anime into the office Of the Superin-
tendept Of Public Instruction, and also
into tho Office of the Comptroller of
the'Trcasury, and ascertain what is the
aggregate amount of school money be-
longing to the State, and what arc the
expenses of the year 1858, to carry out
the object Of the school law, submitted
yesterday in the Senate the following
supplemental report: nj ylifb A Ind I'D
The.aggregate amount of the princi.
pal ofithc school money belonging to
the State is as follows:@ yiJ dNghiHYdi
Coupons of State bonds in the Office
of, thes State Treasurer, paid out of
school money deposited IN New York
and borrowed by the Comptroller,
S2SS,670. io 'r1'T on Tpi i'a1' OFT !
= Sevcn-thirty United States securities
deposited in the Fourth National Bank
Of New York, S5O,000.23; six per cent.
Sthtc bonds Of $1,000 each, received
from the Bank of Tennessee, and now
in Comptrollcr's safe, $4,000. Total
1881, $40. 'lH" nn1 flirl 'n"H''i ioi
The amount of Tux on property and
polls, privileges and business, for the
year 1867 8 and interest due on school
moneys is as follows Taxes on prop
ertv, polls, privileges and business for
The year 1867, S472,0OO. Taxes on pro-
perty, polls, privileges and business for
the year 1868, as estimated by tile Comp
trotler, S400,000.l o1ino' O-9lUnoi ode
Interest on school fund deposited In
New York in Bank: of. Republic, the
amount being S2SS,67O, S9,353.72. ''''"
Interest coupons in Tennessee bonds
belonging to the school fund and un-
paid, $1,S25. .ddrlrtgqr 4u..l
Interest coupons Ijin Comptroller's
hands belonging to school fund, and
unpaid, S1,S25. .' i.,- ,..a.'sf.,......'.,.
Interest coupons on $4,000 of 7-3O
bonds in the Fourth National Bank of
New York, $9,l25.30. Xxx. ,..'..
Interest coupons OH twcnty-thrcc
State bonds in Comptroller's safe, from
January ary l, 1861, TO- January l, 1869,
Interest on school money. used to pay
interest res 2, On State bonds in New York,
Total, Ss47,ll7.4on ,haIJ", ,l., g.'J %.
This amount is due and is 10 be dis
tributed to the several counties Of the
State, i.,', arr ,',,,.t ,,.,.,.,.., ~. ;..'',.,
Tie scholastic population Of the State,
rs reported to the, office OF, the Super.
intendent of Public Instruction. is ITO,
600, and the above amount to be distrib.
uted will give to each child of scholas-
tic ago the amount Of S2.3l. II
Your coinlpittee have carefully cX-
Iamined the books and vouchers Of the
Superintendent of Public Instruction
and compared the, same. with the ac.
counts kept by the Comptroller, and
find them correct. ,i., ,.U ~, r,..,.,...'..
The following exhibits, the special
items of the expenditures for school
purposes from October I, 1867, to Janu.
airy 26, 1859: 1 .,1 ...,, i'......'r
'r" q DISBURSEMENTS TO SCHOOLS. .if o..
To districts for payment of teach U 81. ...r
For books for, children whose pa =.
rents are unable to pay for same. 1914
County Supciintendelits' salaries IA, ,l04 IN
| State ySuperntendents SALARY one a,tsJ
| year and three months, ......., 10000
EXPENSES or THE, STATE sUpERINTEND
p'i'''' i' ENT's OFFICE. 'l'' ''.'
To Press and Times. for printing rs sa,l
| .clrcuiaTS, yletteT HcuuS, DtaHks, tfrr
'v6tichers'for drawing school mo- .ln !.
neY. etc. g . ..,..,l.,l . ~, ISIS 1,5o4.5
For Journal, ledgers, postage stamps
and official seal .:!it .?!!io! S2G.a
For documents. cases and book case .3t LJg
| tor once ACKNOWLEDGEMENTS. 24o.V
Grand total of disbursements. :. Sl2l, ,SS3. 8
y. Leaving of the 81, 73O, ,7S3.O4 undrawl
o balance of SOL, ,194.5l. ..s....-
+ u rI,ho ,,,otLoI 40 FL, a -, aol,
money has been by the Superintendent
of Public Instructipl drawing his spe
cial orders on the Comptroller, TO bt
paid to the part aetftled to it by law
who thereupon, has drawn hiswerran
upon the Treasurer. ."' 'N
In view of the character and 'condi
ton of the principal Ofthe school fund
we recommend that the following
items representing that fund be placed
in the hands of the Comptroller, and
by him Cancelled and placed on his
books to the credit of q school fund ac
count the interest of which shall bl
paid annually, OIL the lst day of July
of each year, on the order Of the Com
mon School Commission on the Comp
trOller. who shall thereupon issue his
warrant for the same on the Treasurer
Coupons of State bonds in the Trca'
surer's Office, taken up by school money
deposited in New York, S2SS.67O.
4 Twenty-three bonds, of the State o.
Tennessee in his office, $4,000; ani
they also recommend that the schoO
fund known as the 7.30s, amounting tC
$4,000, now in the First NatiOna
Bank in the city of New York, be solo
by the Comptroller, aud by him invest
ed an the per cent. bonds of the Stat,
Of Tennessee, and when SO invested th'
EComptrOllershall cancel the bonds an(
place the amount thereof to the credi
of the common school fund, the interes
Of which IS to be paid as before stated
The above report was signed by w
J. Smith, Chairman, and Mr.. Wyatt, OF
the part OF the Senate, and J.. NJ. Ham
mer,a w. Bosom, IThos. A. Smith, OF
the part Of the House, anoi odI
p9- The Radical party has increased
the national debt $6l, 900, 900 within tn