The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1873-11-27
LITTER FROM CHARLESTON.
Radical nisr~presentatiOns.---Aii
About the School Fund and the
Trcasury-.--The Printing Question
Special Correspondence Of the Register.

About the School Fund and the
Trcasury-.--Tne Printing Question
Special Correspondence Of the Register.
CHARLESTON, Nov. 81, 1878.
The 1ntclLgencSrs S reporter al the Cap.
ital, whose nom de plume changes as
often as his abrications-now under
the signature of "Henry"-furnishes
that sheet with another Baron Num-
chausen story. The gushing youth
OF this Protesn scandal monger COM
menced like novel. He was first dedl.
Gated by his father to the church, but
the bump OF imaginstiveness' became
so developed, and his disposition for ro-
mancing-where romsncing was no: in
order-so evident, that doubts wfre ens
tertained whether he would dignity the
clcth. A Psychologist, lecturing IN
Charleston, solved the problem. Shack
Nasty jim" was sent forward by an
anxious father. After an elaborate ez"
animation OF q diminutive cranilm, the
metaphysicisn declared that the young
man was "slightly given to the marvel
lous." "Yes' exclaimed the excited
father, "perhaps tie dGmndcSt liar in ha-
na,oha County" That decided bis vo-
cation. Instead OF q minister OF the
Lord, he became devil" Of q printer.
He goes now on the principle that q
prophet is uot without honor save in his
own country" His paper published at
Charleston hes stuffed the people OF the
Kspawha Valley, with his mythical
predictions ad nauseam, Hence he seeks
4 new market for his wares.
In his last letter he b.trsys either
gross ignorance OF STATE tinances, or
uilful "intent to deceive" He gives
the people to understand that the DEM
ocralic officials are doing that for which
tbev denounced Stevenson d Co., using
the school monies for State purposes.
This NAV be true. lie omits to draw
very wide distinction. There are two
kinds of school monies. Fret, Whist is
termed the General School Fund, set
apart by the Constitution 10 keep up the
Free Schools. This is the fund the
Radical party squaudered 10 perpetnate
their power. This is the fund from
which the Democratic party has refused
10 abstract one dollar. Second, what
il termed the School Fund lrreduci-
ble." This fund never has, can, or will
be reduced one cent. The interest on
il slone coes into thc General School
Fund" and used as such. The Consu-
tuition provides that this money as 1t
sccumulstes, shall be invested by the
Bosrd OF the School Fuud IN the
interest besring securities oithe United
States, or this State. Some two months
since the Board OF the School Fund
drew out of the Treasury $4,000, the
amount that had accumulated, and
placed it IN the hands OF financial agents
for investment, acting under the man.
dates OF the Constitution.
All but $1,000 was invested in in,
tcrest bearing securities ot the on''ed
Ststes," The other was not SO lnvest-
cd because the securities designated oy
/ the Board" could not be procured. The
| Governor borrowed the 81 1000, giving
! II erelor State securities with 6 per cent.
interest, and turned it into tLe Treasury
to the credit Of the State fund. Ia no
sense OF the word can the Republicans
Justify the charge that the school monies
are used for purposes otherwise than
the Constitution directed. This money
was entirely cut OF the control OF the
s,s,e, and its financial agents invested
il as the Constitution indicates. 1t Is
going the rounds otthe Radical papers
1ss grievous CHARGE ttst the Cam
den ring tried TO engineer bill! through, ,
Iosning the school money 10 the banks !!
The mutton heads. Don't they know
that the school monies always have been
jccped to the banks? There was b II
introduced TO relieve the banks during
the present crisis. by not drawing out
the school money faster than wss need