The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1881-03-10

State 10 the School Fund was under ue'
hate In the Senate again yesterday. A
paragraph in the general appropriation
bDIappropriates $27 500 for interest on the
several amounts, running back as far as
1873, taken from the School Fund, and on
none Of which cents interest has been
maid, The above figures are those taken
from The special report made by the Au.
dItOr to the House a few days ago, and
represent the interest due on the several
sums from the time each was taken from
the Fund up to the date Of said special
report, February 14th, 1881.
For The item OF interest Senator Dawson
proposed an amendment In these words;
10 opsy interest on the several amounts
borrowed from the School Fund, from the
dateol each loan up to September 80, 1881
-;39,NO."
In bis remarks In defense oil his amend.
nent, Mr.. Dawson cited the facts that on
the El97,6ll 4S Of the States Indebtedness
to the School Fund, no interest had ever
yet been paid; that II this amount had
been invested in United States securities,
The interest would have been paid yearly,
al least, and the amounts thereof have
been added 10 The annual apportlon'
msnt that, II the School Fund was
to lose nothing by the States
delinquency, II would be but just for the
siatO to pay compound interest--that 10,
interest on the yearly interest which was
not paid a! times when it ought to have
been paid I
The Senator stated, however, that he
wonl6 not insist, in view Of the present
depleted state oithe finances on the States
paying compound interest, but he would
insist that the simple interest on the sew
eml amounts, from the time each was
taken from the School Fund up to the
close Of the present fiscal year, should be
paid into the distributable School Fund,
the first hall Of which would not be paid
out until the. 18th Of October. To appro.
pHate S915OO, the amount Of interest due
up February l4th, he further pointed
out, was 10 deprive the schools the com.
Ing winter Of eight months interest
that was rightly and justly due them,
and was 10 withhold from the children Of
the State nearly 5000 that would be due
them by the time any part Of the appro.
prIatlon would be paid.
The posIlion Of the Senator was so evi.
IDENTIFY just and his amendment go emf.
nently proper, that, Notwithstanding
the opposition OF Senator Dennis, who
cracked the party whip rather vigorously.
Mr. Dawson's amendment was lost by q
lie vote only-l2 10 1D.
But It was defeated; and thus, for not
The first time, the Democratic party,
which is fond Of paradiDg itself as The
friend Of free schools, refused 10 do an acI
Of oIjhsuce to the fund saCredly set apart by
constitutional provision for the education
of the chIldten Of the State; and NOT onlv
does that party, with these professions
fresh on iIs lips, refuse to pay the inter.
est 1t justly owes to the School Fund,
but II pefsislently refuses In mako anv
ptstense Of proyljipv toy Tho n.vmOn, ] ~ -,
AGENT Of The prIpcIpaI Of isH, r." :nls"o,S,' @ ~
IN the teeth Of the Constitutional probi.
biiop. O"' p'OH''
Nor Ia ,bis0ll MT ..,,.s.d u,,, ,,,...
aavrAnt violations Of Ia Main srd 'a ,,.""
duty, ths, party purnosss IL tn"So M saa.tS, p1So,
raid en- that fund, ro, II T II Jo". "SV,uv' so.
whence doesit expect to Ost Tho @ tnOnsS SV, y
meet the increasing eSpepseS n lbs s,.,S
Il 'Ss'-sN