Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1871-03-03
SENATE.
WEDNESDAY, Feb. %, 1871.
SpE-TAT, ORDER

WEDNESDAY. Feb. 22, 1871.
SPECIAL ORDER.
being Il bill to amend chap. 1874, Laws of
1868 and 80, entitled an act to provide for
q system of Public Instruction.
Sec 1st. Provides that the School Fund
shall be invested in such United States
bonds as will better secure and increase
said fund.
Sec. I'd. The share of the public school
fund to which each county shall be enti-
tied, shall be paid to the County Treas
urer.
The general purport of the bill is for
the several counties TO retain such monies
as may be collected for the public school
fund in each county, and be distributed
therein only.
MIR. Gilmer submitted an additional sec
| ton, which was adopted That the school
| fund already collected from the counties
shall also be refunded to the Treasurers Of
| the several counties. Requires the Super
| intendent of public instruction to furnish
| the Governor with list of the apportion-
ment Of the school fund, who shall issue
warrants on the Treasurer for such money.
which shall so to the several county treas
urers.
Mr.. Graham, of Orange, suggested an
| amendment, that the funds may be invest
| ed in railroad bonds secured by mortgage.
| Mr.. Gilmer concurred with Mr.. Ora
ham.
Messrs. Cowles and Olds were opposed
| to any latitude being given in the matter
we had suffered enough from such al
ready.
| Mr.. Olds was opposed to any more in-
vestments in Stale bonds. The board
| made such investments before--hone silly
and with good purpose. and because it
proved a losing business, the people, par
ticularly the Raleigh Sentinel. had charged
the committee with incompetenoy, bribery
and corruption. He wanted a Law fixed
hereafter, 80 rs to keep the Sentinel off cf
them, and to make such investments as
will only be safe and not questionable.
After further argument by gentlemen,
the amendment was adopted.
Mr.. Robbins, OF Rowan moved to re-
commit bill to he Committee on Educa-
tion.
| SPECIAL ORDER
being bill in relation to the, American
Independence, Geo. Washington, the
twenty second of February, sc.
Mr.. Love offered an amendment. chat
whe2 the Senate adjourn to day it do sc
from fervent consideration of respect fol
the memory of him who was first in war
first in peace, aud who not only Was, but
still is, first in the hearts of his country
men,"
Mr.. OfLQ, an AucuUneu6 Iuab II
better to follow the example of the illus
trious Father of his country. Georgt
Washington, in an earnest, persistent eff
fort to relieve the people of the State from
the burdens and OPP pressions under which
they groan to-day, than to celebrate hi
birthday in idleness and dissipation al
| their expense.
Mr.. Love moved to lay the whole mat
ter on the table. Did not prevail.
Mr.. Brogden had not had time to pre-
pare anything worthy of the occasion
but offered resolution as q substitute. 4
long quotation from one OF Washington
messages.
Mr.. Jones moved to postpone the Who'll
concern, including the resolution of Mr.
Brogden, aud make special order for /
M. on the 4th day of July, 1871. Pre-
!, vailed.
ePECIAL ORDER,
} being the bill relative to bank bills, &c.
! heretofore reported.)
t Mr.. Robbins, of Davidson, took th
8 floor in advocacy of the bill and said
q This bill proposes to put banks in tn