The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1873-10-27

this clause: when vacancies occur
prior to any general election, they shall
be filled by appointment in such man
per as may be prescribed herein, or BY
general law, which appointment shall
expire at such time after the next gen.
eral election as the person go elected to
gil such vacancy shall be qualified -
There is 6 marked difference between
this and the old Constitution, which
simply provided that vacancies shall
be filled in such manner as NAV be
| prescribed by law" The conclusion
seems to be irresistible therefore that
vacancy in the Office OF sheriff must be
filled by appointment, and that the per-
son appointed must hold his office until
such time after the next general elec-
ton as his successor shall qualify.
These remarks apply with equal force
to yacar cies in other offices, and in-
vite your attention to the subject hop
log that you will 30 modify all that
part of the election law which provides
for the special election of officers to
FIJI vacancies as to conform to the pro-
visions of the Constitution quoted
above.
INCORPORATION OF BANKS.
The Act approved April 5, 1873,
amending and re-enacting certain sec
tions of chapter fifty-four OF the Code,
concerning the Incorporation OF Joint
stock ompanies, omitted the clause
providing for the incorporation OF saw
ings institutions, and banks Of discount
and depoeit. Applications have been
made to the Secretary OF State for
charters Tor banks OF discount and de-
post, but for the reason stated be did
not feel authorized to issue charters for
them.
This was an omission which | was
informed was intended to be supplied
by a special act, in relation to banks
but for some reason no such act
was passed. This subject seems to
demand your early attention. Banks
are quasi public institutions and such
conditions should be imposed 10 their
charters as will afford protection 10
hose doing business with them To
tais end they ought to be required to
make and publish either quarterly or
semi-aunually statements OF their con .
dition. Although the Constitution au-
thorizes the charter Of banks OF issue,
it would be unwse and unfortunate at
this time to provide for the orgsniza
ton OF such banks. The country has
witnessed several financial revolutions
heretofore, owing, principally, to the
initiation of paper currency. That this
10 one OF the causes OF the present dis
turbance in money matters, do not
pretend 10 say; and it is not the pur-
pose oil this paper to discuss questions
OF general policy. Bat l think it
doubtful whether we shall ever have o
solid and durable system Of finance un-
til money shall become the currency OF
the great body OF the people, and the
use OF notes and bills shall be confined
to the classes who need and must use
them.
II banks are not 10 be permitted to
issue notes to circulate az money, there
is q stronger reason why other corpora
tions and individuals should be prohib-
tied from issuing notes, whether paya-
BILE in money or goods, as substitute
for money. In times like these where
large amount OF money is withdrawn
from circulation, there is a strong
temptation to supply its place with pa
per of this character. The laboring
classes OF people suffer most from such
lssues; necessity compels them to ac~
cept them as wages for their labor, aLd
they cannot help themselves there
lore the laws ought to afford them pro-
lection again such system.
FREE SCHOOLS.
The Stale Superintendent OF Free
Schools has, up to this time, received
but seven reports from County Super
intendents, and consequently is now un-
able to make a report to me.
can, therefore. only speak in gene
raj terms OF the public schools. Al
the election held in August last, 60 far
as the State Superintendent has inlor-
nation, there were two districts in the
State that did rot vote for the levy OF
taxes for the support o schools-oue in
Boone and one in Mineral. 10 the dis
trict in Boone it is said that the vote
was given under come misspprehension
OF the facts, and in the district in Min
eral DO election was held.
Thsi almost universal assent lon the
part OF the people has finally settled one
OF the most vexed questions connected
with the school system, aud has placed
it on far more durable basis than
before. And | think the result oi the
election will be greater efficiency and
economy in the system. While there
are some provisions 10 the School Law
that l think could be changed to sd-
vantage, yet in the absence OF informa-
ton as to the practical operations OF
the new law, am not prepared 10 re-
commend any changes therein.
A law like this, in which every citi-
zen is more or less interested, and which
ought TO be familiar to 81 should be
subject to as few changes as possible
From the report made to NE by the
State Superintendent OF Free Schools,
under the provision o. section seventeen,
article 7 OF the Constitution, it appears
that the disbursements OF his office dur
iug the last iscsl year were as follows:
For salary Of Superintendent 81 ,6Se.-
10; for salary OF Clerk, sS08 So for
contingent expenses, $8,7l057; for
salaries OF County Superinteuden;s s8.-
lS2.97-making q total Of SIG. 1924
for the year.
There has been some difficulty in ex-
ecuting that part OF the law which re-
quires the appointment OF two e1ami-
ners who, together with the State
Superintendent constitute State Board
OF Examiners, from the fact that, no
-, r,ala Eo, n s,y nm, nan.