The Somerset herald. [volume] (Somerset, Pa.) 1870-1936, 1878-01-09

lily legitimate for Q BUSINESS man, 10
volve risks which ought not to b,
taken by q trustee. The Law shoult
separate banks Of discount for bust
ness purp ,ses from Institutions de
signed tor the safe keeping Of th,
earnings of the people, AID ougb
not TO allow them to be- deceived by
the name Of savings banks. applied
to what are, in reality, simply bank.
Of discount and exchange.
A movement ls on foot to organize
o national postal savings fund. Such
q scheme is subject for serious re.
fection. 1t involves, not alone ones.
lions Of prcunisry nature. but
those Of profund political charac er,
II invests the Federal government
with q vast nus and clotne- it with
corresponding influence. It would
add intense interest TO vur elecLlons,
and give the dominant party the
weight of the CONSERVATISM of q
great vested interest. 90 the other
hand, it offers the people. the 8. curest
depository for their savings, aud ex-
citss an abidiog interest In the per.
petuity aud integrity OF the National
government. Upon the whole. i,
seems to me to promise enduring ben
efls to the people individually, and
to the nation, aud 10 bs worthy Of
supp 'rt and cooperation.
Pending the discussion and organ.
izsrion of such q sys EN-, which
must, of necessity, require time.
most earnestly reu-w my reeommen-
datiuns of last year. aud urge upon
you The passage of lag. embody-
log the prin'i es and provisions
therein set torlh. the S ate cannot
be held staialess of these failures
I,s charters, Incorporating as 'sav-
ings banks" what were really banks
Of discount, bad much tc do with the
respect aud faith The people felt for
them. II is, therefore, duty to
draw at once, the line between a bus
mess AMI q trust, and to prevent
hereafter the enormous losses accru-
ing to the vorthiest of our people by
deceilful aud dangerous combina-
tion
As further safeguard, | believe
i, would be most wise provision to
create Baak Examiner or Commits
sioner, with duties analogous to
those of the Insurance Commission
er, who would periodically make an
examination of the banks of the
Commonwealth, and report their
condition. His p)wers aud compen-
sation might be defined aud fixed. as
those of the Insurance Commissioner
now are
EDUCATION.
The views Of the Superintendent
of Public Instruction correspond So
nearly with my o~u that need do
little more than Call attention tn his
report, He repeats the recommends
tion for q revi>i,n If the school laws,
apd, | trust, you will see the advisa.
b,lity of b,iogi, g the original enact
meuls, supplements, usages, and de-
cisions into one coDcise aud logical
code. The money appropriated to
pay The Indebtedness of the Normal
Schools was apportioned among
those institutions 10 accordance with
the intention Of the Legislsture. AL
though relieving them from tempora.
rv mbarressmeur, it will be neeessa-
ry 10 provide for their future welfare.
Normal Schools are an essential part
of q public school system, and the
Legislature will, no doubt, see that
those Of Pennsylvania are not re.
stricted in there sphere of usefulness
by the want of fuods. fully recon-
mend the trial Of the cautious sys-
tenn of compulsory education of va
grant children, proposed by the Su
perlntendent, and have elsewhere
given my views of the subject of
Industrial schools and workshops,
which be forri6es by his arguments
aud facts and examples, proving the
feasibility of the scheme.
The report of tue Superintendent
Of the Soldiers Orphans presents
satisfactory record of the progress
aud health of the wards of the
State, aud conveys the gratifying in
telligence Of the welfare of those
VINO have completed the course.
''nesrly all of whom are at work
many engaged in the simpler kinds
OF band labor, but many at trades.
on farms, or 10 the professions Un-
der the laws, the Orphans Schools
close finally on the first day of June,
1879, and it will be necessary for the
present Legislature, if it desires to
continue the bounty of the State. to
provide for the two thousand chill
dren between the ages of four and
sixteen years, who will then be left
in them OF the three plans set forth
by the Superintendent, it seems to
me that either the first, to repeal the
act closing the schools in 1879. and
allow the system to run on to its
natural end, OF the third. discharging
all children over a certain age, or
for whom suitable homes can be
found, and providing for the rest ir
the homes for friendless children
whice exist in various parts Of the
State, will close this noble undertak-
ing, as it was buguD, in charity The
pride aad pleasure they have felt for
the work, the satisfaction they have
derived from It's happy results. leave
no doubt that the adoption Of either
course will meet the warm spprObs- |
tion OF the people # Pennsylvsnis. P
THE JULY RIOTS.
In the early part Of July, | ar.
ranged for = trip across the CONT
nent. AT that time the peace of the
Common wealth seemed assured and |
all classes of society appeared to
have accepted with resignation the
results OF the continued depression in
business. As q precautionary meas
ure, however, in consultation with |
the Adjutant General, gave him in- |
10 case Of any unexpected
outbreak requiring prompt aud Wig
Drous action. TO order trOoDS to the |