The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1877-04-26
the sanction Of the people to be given at
| a specialization, ON the 18th day of June

eAO o"ASoIOA ~ IAO POOPiO W UC SiV0u dt
a special election, ON the 18th day of June
next.
Such reckless contempt as was exbib.
tied toward our Fundamental law by the
last legislature, should not pass unre~
buked, for you might, with as much rea-
son, expect water to flow in conflict with
the natural laws OF gravitation as to hope
for a continuance of republican institu-
.iOns, while the peoples representatives
are permitted to violate riain provisions
Of the constitution with impunity.
The sal 8 Of these lands have already
accumulated about eighty. five thous md
dollars, and averaging about five 80 100
dollars per acre, and it is estimated that
the sales, in ten years, with the proceeds
properly invested. would produce about
i've million dollars. The amount, added
to our common school fund, would make
Minnesota one ofthe most favored States
in the Union in educational point of
view.
With the proceeds derived from the
sale Ufthese lands consolidated with the
common school fund, it would, in about
ten years, produce capital Of perhaps
fifteen million dollars. which would
therefore insure yearly accumulation
Of not less than one million dollars. This
amount, if properly expended would
defray the entire current expense Of our
common school system, which system
can never be complete until the necessity
for local annual taxation MOI lOnger exists.
for the experience OF every observing
''well-wisher" of the system must be that
| the frequent resort to local taxation is
exceedingly inharmonious and,at times,
tyrannical and oppressive. Good states
| manship demands so great an evil
should be avoided at the earliest posi-
BILE moment, for at best it affords but q
tickle and spdsmodic support. 1t would
be much better, in an economical and
an educational point Of view, if we had a
permanent fund sufficient to defray the
entire current expenses of our common
| school system, which can now be easily
obtained BY appropriating the proceeds
derived from the sale ofthe $780, acre.
Of internal improvement lands for thai
purpose, instead Of devoting them to
wards the payment Of the old "Minne
sofa State Railroad Bonds" as proposed
by the last legislature, on the propriety
of which runaor says, we will BIZ grace.
fully permitted to vote on the 18th d.,
Tor Junoinext. This Legislative subter
fuge permits the use OF these lands as
lever to obtain a recogni,i On by the PEG
pie. and promise to create debt Q
four million and fitty thousand dollars il
order to liquida,e very doubtful deman'
against the State, which was Originally
claimed 10 be two million two hundre
and seventy five thousand dollars, al
the bondholders called this "conpro
mise and our last legislature named
an equitable adjustment" and probat
". in their estimation, the propositio
) was 80 exceedingly plethoric in equity
that it would not be safe to run the ria
+ of having it tarnishedssby letting the PEG
| pie vote directly on it but they did cor
descend to say that the people migl
vote as to whether they would use ,h
funds derived from thesale of the ''inte1
nal improvement lands" for the purpos
of carrying out this grand "equitabl
, adjustment. If the people say "yea,
J everything will be lovely and the SCUM
Of 'srepudiation" will be "heard no mor
in the land" But ii the people persi
in their stubborn lack of comprehensive
!, in not fully understanding what a
equitable adjustment" really mean
when, ii they only know where to fin
. the bill they might see it plainly printe
and Incorporated in the ''wherea,
/ OF Senate File number 253.