The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1873-03-14

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apparatus snns' Il lui III. a sha' ihs
tssl.sr nuss ir Ga ~ aal ~ rn,pt
lsiss ahauslai,l | she nss, tsu svats.
uatil the l.sRssaa.ate thsull Nte' -
NV, ' II. i,nn N, own tSlvfirNe,
that II this t'ellese bal lrva ,ts s',ul
vi. y eunll Nase hst - lnh'it II.
a3lense anl never 4 NJ have bean
! isIenet hes'n sus-e-~s~sse, TLa ip.. 4.
Tho State frrm snh e,u,~e wyusa
hase hecn hey computation,
I Though there were doubts nmong
the ssuatres a. D. whether The Invest.
Mens of tho interest fu,l III heating
apparatus would H. legal. rtill fr,m ,le
Ives, advice VIZ ceali vt, w cpuelulr,l
that !, WIS legal.
/ Tl,e bnar,l If trustees arc empower.
cd BY legislative enac.men, u loan I'll.
fund until wanted. Npw to what l,ar,s
could this fund he more securely and
safcl, nanel than to the college ITSELF
This collrfe IA uufth, ta.lay NEARLY II
millipn u dollars, What security can
10 better than ercli, on IL hcoks I
Tho chairman sa,s, indeed. that III
lan,lr aluM urr wn,th alnso miilhn,
which IN another instance &c hS hrcd.
lrsencts uf htntemcnt. Tho sum cs.
pended Inn heating apparatus anil
Professors houses mus, hc paid lack,
" nat BY ,hc Legislature, thcn nv tho
aontlnvcu. fund i. ans ratc. lw,c.
wc rspor,e.l 10 tho Legislature thu, IA,
stin.ca appropriation had compelled u,
10 uso i portion " tho interest fund
In order to save tho institution tfoul
speedy der.ractlcn, and tho reply was,
Your college II rich cuuavl u ray Il
hack I,saIf w repmtcd this II,
called diversion u tho Interest fund i
cspry rabllr document, and ~, tn
committee put tho matter N u Tie,
had discovered |. \. marvclou. Acru
tiny, We wan, tho Legislature 10 IN,
II haok. Int II lLc Legislature won' |
,'ten VIZ wlll W. hasp liIleun tlons
Ii, tuefast munry legally invested
lansl-, and tie inuutn. derived there
itam ma, bc arri'ei i, the haara i
Al, parrore, and 'hIs inaomc mus, IN,
buck tho del, duo the inierus. fund /
tho Legislature dou. nj,
1le wtiter uf 'hiH repor, icclhrs
Tint the hoard have Illegally la,rchn~e,
viii, the iutercr. fund improved lands
u hceaa,e apparent after swo yenr
experience that we had mt Inn,
cnengh tasnptafs our .tnek md cmple,
uur 1'n,l.nl- Win nro required IL ~
sage In manual laler twa " thrp.
hvnr. day BY law.
Npw tho Inv II tho conrresslona
grant declares that tin interest fun
mus. he uscd III tho ..anJowsuonl. sup
port, md maintenance II lle .Agri
cultural College,
| This maintenance and Ml,pMrt.
~ Il understood ~ ull men sersel |,
tho matter Ut agricultural colleges
includes libraries. museums. collection,
e all s'rir, aud MI apparatus necie,l
Tho land attached H. tho uullcxo
simply. NJ every cull, " man knov,
M Indispensable piere Il nprnva,u,
md !, Il c.nscded by ,a.ss cullogc mpt,
, believe, TINT thc iniprcs. funi nm
he ,.4cl fsr purchasing |. TIL. IL alu
i 'he ,isw II \ lnajarit, 4 the L.a
\ attorneys which w have consulted o
/, sha SnLjse.. Dr.. Wright VIM ~ III
hcllrt that suoh iuyeSlmsn. u tho In
torcSt fund MAS illegal aud ut ,hroug
Tho resolution making tho fAvornhl
opiaion II TIN A,serney.Heneral
condition u tho purchase.
In letter received subsequently
|, ffnm tho A.,ornp,.a'sncral, he declare
/ thu. suel, purchase wpula he legal nh
!. thu purchase was accordingly made
!. What better anihorl,, enn mon hay
!, uon disputed gue.,lans ~ Il ,Ao ii,
!, resal of s'a'c rrorcr,y shas tho NJ
!. th"ri.y u IN Attorney General =
/, Consequent, aren the best ansholit
i Al 4 A a 4 u A II