Fayette County herald. [volume] (Washington [Washington Court House], Fayette County, O. [Ohio]) 1860-1???, 1870-03-24
FROM THE CAPITAL.

beAeNlng that your readers, particI
: larly tho farmers and mechanic
n feel much interest in the subject
,f A brief history of tie fund may b
T. of value in Orderto fullyunderstan
a the legislation providing for the es
o Enlistment Of the College;
), In July 1869, Congress passed a
l act granting to each State in th
Union a quantity of land from tn
II public domain, equal to thirty thou
J. sand acres for each Senator anc
r Representative in Congress, tt
a which the State was entitled by til,
2 apportionment under the census Of
{ 1860. This gave Ohio 100000
+ acres of land. Scrip was issued to
elch State for this land, and au.
thority given the States to sell the
lands or scrip and convert the same
into money at the expense Of the
States, so that the entire proceeds
of the grant should be applied to
the specific purpose thereof with
out any diminution whatever. All
moneys derived from the sale OF
the land and scrip was required, by.
the terms Of the grant, to be in
vested in stocks of the United
States or some other safe stocks
yielding not less than five per cen
tum Of the par value of the stocks
the principal to remain forever un.
diminished, and the interest to be-
appropriated to the endowment. |
support and maintenance of our
College where the leading objects
shall be { without excluding other
scientific and classical duties, J TO
teach such branches Of lcarning asI
are related TO Agriculture and The
Mechanic arts, in order to promote
the liberal and practical education
0f The industrial classes.
al
While l do not regard this as
partisan measure, yet 1t is well to
bear in mind that this liberal pro
vision for the education of the la.
boring classes was made by q Re
publican Congress, and that, too,
in time Of tho late civil war
In 1864, Ohio accepted the grant
thus made, and in 1865 the land
and scrip received by this State,
was sold, whereby fund of $3.50, !
600 was realized, and the same was {
invested in stocks as contemplated
by the grant, and the accruing in !
terest has also been invested so as
10 draw interest.
1t will be remembered that the {
asst legislation Of Ohio spent its |
.wo years in wrangling over the
'und and run up heavy expenses
lpon the State by sending commit. I
ees to various localities sndeavor 4
ng to find site for the College L
,ut none in all the State could be !
Ound to suit them, so nothing was
lone, a
Early in the present session a t
ill was introduced into the House t
,roviding for the establishment Of !,
n Agricultural and Mechanical ',
)ollege, according to tho terms OF tI
he grant. There were two promi p
ent views presented and discuss n
d one was to divide the fund i
qually between the Ohio Universi- +
= Ot Athens, and Miami University o
/ Oxford, and attach an Agricul tl
lral and Mechanical department ?
, each, The other was to estab y
sh one Independent College which G,
think was clearly intended by the 81
rant, The bill introduced inio the 81
IOuse, and which has passed both ="
10 House aud Senate, and is now a Il
w, is based upon the latter idea. m
II provides for the establishment 70
one College in accordance with u
9 grant, and for the appointment ~,
a Board of Trustees--nine IN in
from each Judicial be
istrict, the appointment to be oN
ade by the Governor by and with -, ~,
Q consent of the Senate, II also m,
Divides that tho President OF the tn
ate Board Of Agriculture shah lal
qdcio be molpber of the Board Ih
Trustees. pS pS
To this Board of Trustee is Civ, Of
0 power to locate the College, th'
opt rules aud regulations, mp ~ ~.
int President, appoint the Proc mi
isors and fix their salaries, and ins
We the general supervision of the we
llege, lands, &c. pro
=, - of
The bill provies that the College 6r,