The Cambria freeman. [volume] (Ebensburg, Pa.) 1867-1938, 1875-01-15
$4,000, ,OOO.0 90

DuIlng the nSCal year ending November
80 1873, the receipts of the Treasury
amounted to S1,0I6, pa. 20. 1t will be Oh
served that in the past year The revenues
have sensibly diminished, aud the receipts
were only SO, ,S1l 96S.27. This diminutIou
Of 81 ,1OI, I54 Y3 was occaSioned by the re-
peal, ia 1873, of the taxes ON gross receipts
OF railroads, net earnings of industrial and
other corporations, and the tax on cattle,
and farming implements. 1t is worthy OF
remark that .he relief afforded by the re-
peal of these taxes was mainly in tie in
tcrest of corporations employing the great
est number of workingmen. With this re-
duction of the revenue, and with an in-
creased expenditure of perhaps 300, GOO,
made necessary by the new Constitution
in the additional outlay for schools, Legis-
l"ture and Judiciary, 1t is manifest that the
severcSt economy must he observed III all
the departments of the government, and
the appropriations CONSIDERABLY and wise
iy made, or the State will De unable to
meet its obligations under the existing tax
laws.
BY the Constitution, the proceeds of the
sale OF public works, and by tho act of last
session, approved May 8, 1874, the tax on
the capital stock of all corporations Were
assigned to the Sinking Fund, which can
only he applied TO the payment OF loans re-
deemed and interest on the public debt.
The receipts from other sources belong to
the general revenue fund, and as ali the
expenditures OF the government are paya-
bic therefrom, it will be clearly the duty
of the Legislature to limit the appropria-
tion to the amount of this fund.
CUMPULsoRY EDUCATION.
Ii a parent noslectS the education of a
child or seliishuess demands its earnings
when the State affords the facilities for it's
instruction. can II be argued that 1t Is des
potic or destructive of the principles of
free institutions to compel the attendance
of that child at school, and is it not a duty
which the State owes, not to the child
alone, but to Der own safety, to rescue it
from that condition of life this indifference
or greed may impose upon it, and prepare
1t, not only to be self sustaining, but "a
good citizen as well? ali ignorant men
are not rauperS or criminals, but from this
class are recruited the greatest portion of
those who fill our aiGshousos and iails.
| " hen, in certain sections of the United
States, you find on y seven per cent. of the
people, above the age Of ton years, who
cannot read and write, and discover eighty
per cent OF all the crime chaIgeabie to
these sections is committed by this igno-
rant seven per cent, il will not do 10 deny
that ignorance has most intimate relation
to crime. The statistics Of pauperism like
wise show that the illiterate aud ignorant
crowd our poorhouseS, and a very small
IIOpOltiO vi tHe iiIuldjGS Oh IHSSS lfStitu-
tons have had any of the advantages of
education. viii it be said the StaLe has
10 interest III the suppression of An evil
/ that Is the prolific source of So much mis-
/ cry and yIceP Crime and pauperism are
| burdens which the State has to bear, and
| to make use of every preventive of these
evils is the dictate of good policy and hu-
mauity.
! INSURANCE.
| m -x.F.,
ment, and its utility, have been clearly
shown, since its creation, by the discovery
| of a number of unsafe and iusolvent com,
panIes that were doing business in this
| State. one of which reSorted not only 20
| fraud but to the crime of forgery to deceive
the public. The Published assets of these
companies, in some instances, amounting
To hundreds OF thousands of dollars, upon
examination melted away to worthless Sc.
curties, the very possession of which was
a convincing proof Of an intention to prac
tice fraud. The protection of sound com,
panies, the retention at home of the capi
tai invested i'll insurance, the interests o.
the insured, and the honor of the State
alike demand the exposure of these fraud
ulent companies and the enactment of
geucral law so stringent in it's regulations
that II will be impossible for adventurers
under the cloak of an insurance company
to rob the public. Every facility for th
detectlon OF imposture should be afforde:
those charged with the examination O
, these companies. Tho immense interest
involved iii this business of insurance ar
7 entitled to the utmost protection the Stat
can extend TO them, and its inquiries shoul
s ue 50 thorough that no form of deception
can elude its scrutiny. more compre
8 hensive law, also, for the incorporation @
q insurance companies should be passed an
- made TO embrace all classes of insurance
% ana no company should be allowed to Oh
= game, or exist, that did not give the an
- piest guarantees OF solvency and good fait.
n TIE NEW CONSTITUTION
J. One OF the encouraging signs Of TIL
:. times is the growing disposition on til
Ie part of citizens to give more serious after
ton to the scienc fsovernment and me;