New-York tribune., 1870-01-10
MASSACHUSETTS.

-,Isl basu sinking funds
,ss. io5 It, %oaa5 lsa'%Soa nav. .o ''''-' &
S'sl o. hand 2555is g.
r deducted leave az s s sGe q. se e' O5
Frn must deducted the loan to the 27, 20
& ~ R Ti0a o,taS Hartford and Ei 2lst 90
NorWIch
LoIa Eastern Railroad I,o "
r. n,c;ii: for 5; II: State. piaspa
Itvi'l be readily seen from this statement that the
tate r obliged TO pay. from current revenue ana TAXA
ION interest on about Sl35oOOOO, .,
he expenses Of the STATE for the year ensuing are nm
as m f si, iscs rom Il, sources than BY o
@ IT no. ' SxtrSoTdinaiy grants are made OF only
made for Increasing the ordinary revenue dh9 9oosac
rnor then made a statement concerning the hoosaaSS
m cted m m less than five Years by the Messrs
Shauly the contractors. OF the Boston, HaTtOru' anu
Ee EarGadi wh!Sn IKE hs saiS 9Iir 'u'Hei VIII
By act OF the Legislature CHAP $50 Acts OF 1922 tne
Coyrfor and Council authorized 10 Issue In ald OF
Inc Boston Hartford and Erie Railroad CO. SOOoOSo IN
Iudu the issued UP TO the time OF the passage
Of the act The Company having complied with the con
dious Of the law in all respects scrip has been Issued III
ls behalf from time to time a sum amounting on the
ia av Of January current s. 392S4O BY the require
the act the Company were to give the state as
purchased OF the Boston Wharf Company by the railroad
Company Second, the Company were 10 place III the
hands Of the Treasurer OF the CQnmonweath $1,000 OF the
bonds of the mortgage to r. H. Berde and others, as
trustees, for every $1,000 dollars OF scrip received IRON
IrS State Third 10 pay INTO the treasury such sums as
the Governor Council might direct for sinking fund.-
be applied TO the redemption OF the scrip Issued byhe
:. Thus far the company have promptly compiled with
She conditions imposed upon them by the Leslsiat9e,
aud the amount paid into the sinking fund, under thls
meut, ON the first of January was S6O6o6 IL
five is 10 be expended IN improving the lanus a. SouI
Boston which the State has a mortgage. 10 should
rry years Tuu becoming due in the year 1900 II the
company pay the interest the scrip issued according
0ald into the sinking fund for the redemption OF these
bonds WI accumulate sufficiently 10 redeem them at
hy he
calculation is based upon the expectation that the sink
ing will be loaned at six per cent as has been done
hitherto by tie state with similar funds The work on
the road has Been pushed with great energy by the con-
tractors who gentlemen OF large personal experience,
and whose professional populations arc oI the AghesI
In sgcakng OF the Savings Banks Gov ClaAin recon-.
mcndcd that they be allowed to discount mercantile
paper, and that the amount that individual may de-
po be increased to SjOOO ON the question of education
hc said our instructors must be more literally paid so
glycs t te duties of their profession Let them under.
stand that their efforts 70 become successful teachers are
July appreciated and compensated by the community,
aTd tt there will be no further comp inefcicncy
ON their part. The Normal Schools are doing much TO
elevate the standard Of instruction which was the main
purpose Of their establishments but yet they can do very
little towards supplying the great number OF trained
tachcr that are required Or the seven or eSht thou
sand teachers In our public schools probably not over one
thousand have been trained IN the Normal schools
,Aed Training Schools which are quite successful III
o94s person; N M Pfga3s 3 oo 59 T[g9e ey6ns
rIe ages Of 1ve aud fifteen years. OF this number
JlJ Intend school part OF the yearthe average at
eJsc over former years The amount expended iUr III
dciou $3I23sS6 an increase over last year OF S273
ISL making an average OF s065, ii an Increase of about
" ets over last year. Tor each emd IN the state Inc
whole amount expended in Schools was A,4OOODO. lie
@ connv prisons that convicts might be reformed and
trr labor made profitable. lie pald the following tr
should do Injustice to my own feelings did fail.
this OCCASION 90 notice the noble and phanhropc spirit
manifested by two OF the of Massachusetts,, who
have terminated their earthly courses within the past
year. such examples truly our glory and honor.
people OF his state and nation IN foreign land his per
spcct anywhere, but the nObeness off his nature which
80 benefits of his fellow.men in both hemspheres with
regard TO rank color has given him Worldwide
fame and title could add lustfe 10 his name. His re-
mains are to rest the soil Of his native state, whose
people Will honor him as the benefactor Of his race
HnGuence survives him In the noble institutions which
he founded, and generations yet unborn WI" 'DeSs LIS
In his connection he alluded the late John Clark of
Northampton who founded the Northampton schoS i0r
Deaf Mues with donation OF $4,000 and Dequeahed 10
S2OO0JO IN gold In his remarks on the PreMDoTy law
iature fresh from the people, would know how to remedy
He urged the importance OF commercial marine, snort
session and thus alluded to National affairs:
We cannot forget that we belong 10 this great Union
made indIssOlube by the events Of the late war The
struggle for national existence has revealed TO us our
and the chief OF our weakness This cause
has been removed aud no interest at war with human
ghty contest are still felt but each day lessons their
election Of the Great Captain to the Presidency at once
gave Of peace to the country The hopes OF
been than realized The laws far the general
government is concerned, are enforced integrity pre-
walls IN all its departments, and the steady decrease OF
National debt gives assurance OF It's ultimate redemption
The final act the XVIII Amendment TO the Con:
stitutiOn, winch will place all the people or
this nation on an equality, politically, Is nearly
consummated It's completion will add luster 10
name by proclamiDg TO the world that no prejudice
Of race will prevent justice being done and equal rights
accorded the most oppressed and obscure IN the land
IL Will give 10 the freedman the ballot the only power
That Will efectualy MIN from abuse and wrong and
ali laws affecting personal liberty and political rights
will be substantially the same IN every part OF the Union
Slowly but surely the great problem OF the destruction
OF slavery Is being demonstrated. From It's ashes Will
arise nOber civilization than has hitherto been known
u human history The people Of the OLD World IN their
attempts TO wrest the hands OF yrants the liberties
50 long withheld aud for which they have sacrificed so
uuih receiving from history fresh impulse and
new encouragement Let US as people do our part IN
bringing Ia tie better and brighter day,