The democrat. [volume] (Weston, W. Va.) 1868-1874, 1873-11-03

l.lad by appointment III supn manner
as may be prescribed herein, or by
general law, which appointment shall
expire at such time after tho next gem
eral election as tho person so elected
To ill such vacancy shall be qualified ,"
There is marked difference between
this aud the old Constitution, which
3 imply provided that vacancies shull
be liIIed in such manner as may be pre-.
,cribCd by law The conclusion seems
to be irresistible therefore that a va
cancy in the Office of sheriff must be
fIled by appointment, aud that the per-
5 on appointed musthOld his Office until
such time after thOucxt general cleo
lion as bis successor shall qualify.
These remarks apply with equal
force to vacancies ID other offices, aud
| invite your attention to the subject,
hoping tbat,you will SO modify allthsl
part of the election Iaw which provides
for the special election of officers to ill
vacancies as to cont5rmtoths provisions
Of the Constitution quoted above.
The Act approved April 5, 1878,
amending and re.tRactiug certain see.
tiOus Of chapter 81 Of ths Code, con.
ccrning tho Incorporation Of joint stock
companies, omitted the clause prOvid.
ing for the incorporation of savings in.
s,itutions, and banks Of discount and
deposit. Applications have been made
to the Secretary Of State for charters
for banks Of discount aud deposit, but
for the reason stated he did not feel nu.
Ihotized to issue charters for them.
This was an omission which was
informed Vas intended to be supplied
by a special net, 10 relation to banks;
but fer ,one reason no such act was
passed. This subject seems to demand
your .nrly attention. Banks are quasi
public institutions, ind such conditions
should be imposed in their charters as
will afford protection to those doing
business with them, To this end they
ought to 10 required TO make and pub
lish, either quart9rly or semr.annual
statements Of their condition. AL
though the Constitution authorizes the
charter Of banks Of issue, it would be
uuwise and unfortunate at this tine to
provide for the organization Of such
banks. The country has witnessed
several financial revolutions heretofore,
owing, principally, to tho initiation OF
paper currency That this is one Of
the causes of the present disturbance in
money matters, | do not pretend 10
say and it is noIthO purpose Of this
paper TO discuss questions of general
policy, But Ithiuk it doubtful whcth.
er We shall ever have solid and dur.
able system of Finance until money shall
become the currency Of tho great body
Of the people, and the use Of notes and
bills shall be confined to the classes who
need and must use them.
If banks arc no! to be permitted to
issue notes TO circulate MS money, there
is u stronger reason why other corpo.
rations aud individuals should be pro.
hibited from issuing notes, whether pay.
able in money orguods us substitute
for money. In timCs like these, where
Il large amount Of rnaney is Withdrawn
from circulation there is strong temp.
iaiion to SuppIyils place with paper Of
this character, The laboring class Of
people suffer most from such issues {;
necessity cOmpels them to accept them
as wages for Their labor. and they eau.
not help themselves therefore the laws
ought to afford them protection against
such a system.
The State Superintendent Of Free
Schools has, up to this time, received
but seven reports from County Super.
intendents, and consequently is now
unable 10 make a report to me.
can, therefore, ouIy speak in gen.
cral terms of the public schools. AT
the election held in August last, so far
us the State Superintendent has infor.
matiOn, there were two districts in the
State that did mol vote for the levy of
tazOs for the support otscbools-onO in
Boone AMI Que ii Mineral. In the dis
trict in Boone tits sud that the vote
was given under Iomc lnisappr1hensicn
OF the facts. aud ID the district in Min.
ofal 10 election was held.
This almost universal assent on the
part Of tho people has finally settled
one Of the most vCxod questions con-
neeted with tho school system, aud has
placed it on far more durable basis
than before. And think the result
Of the election will be greater efficiency
aud economy in tho system. Whilo
there arc sOrle provisions in the School
Law that think could be changed to
advantage, yet ID tho absence Of infor-
nation MS TO tho practical operations Of
the new law, | Am not prepared to rec.
ommend any changes therein.
A law like this, in which every siti,
zon is mOro or less interested, aud
which ought 10 be familiar to all,
should be subject to Us few changes as
possible.
From tho report made to me by tho
State Superintendent Of Free Schools,
under tue provision of section II, arIi-
Gle I Of tho Constitution, i! appears
that the disbursements Of lis office
during the last fiscal year were rs fol-
lows: