Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1881-01-13

lie luoing its legal rate of interest to per
cent., and by con ract per cent. per annum,
viii the State of New York reduced its rate
of in crest Il ON to g per cent per annum.
The same re lson which inriuen, ed me then to
make that re concentration. causes me to
again recommend a PRODUCTION OF the rate ofin-
ter.st to per cent. per annum, with suitable
pi DIVISIONS to cause tae law to be respected
and observed. 1t has been recently urged, i'll
order to induce capital is of this state to in.
vest in the bonds of the State, that the capital
so invested shall be exempted from taxation.
There is no good reason 20 my ~ t me,
State and exempt any property from taxation
Why should the money of the capitalist be ex-
empted fro IN taxation be, ause he invests 1t
in the bond. of this state, or of the cities and
counties of this State? Instead of encouraging
all those who have capital to be money lend
to amy encourage investment in mining, man
ufactures and i'll commerce..
EDUCATION.
The number of students at the State Uni
versity, the school OF Mine and the Lincoln
1nstitilte on the ist OF November last is in ex-
OF the number in any previous year at
tending those institutions at the same GATE.
The number of students at he state nlyer-
sity, in all its departments. is now 300: This
number of students is sure test of the cor
ect discipline maintained and the mer1torl-
Gus standard of education adopted at the
University, and is a testimonial to the good
charac, err of the President and the other mem
bers or the faculty as educators and instruct
{ rs of the youth intrusted to their care. AT
the Normal schools fewer students are In at
tendance than in former years. TINS, per-
haps, may be attributed to the fac that those
to whom has been intrusted the management
of the Normal Schools have been more sti1ct
in recurring the student to obligate himself TO
follow the profession of teaching in tins state
after he shah have gra iuated his require
ment is in accord with the basis upon
which the Normal Schools were estab
lished, and should be eXacted OF the students
by those schools. The school OF Mines
condition. The frequent discovery OF mines
of the precious metals in the Territories, and
the demand in this State for mining engineers,
have no doubt caused an Increase or students
to qualify themselv es to follow the profession
of mining engineer and geoiogist. On an
recommends an appropriation 1or the pay
ment of the building now occupied by the
school of Mines, which was purchased OF the
Board of Education of Rolla, and has not yet
been paid for.) For the first time in its his
tory, the Lincoln Institute mas an entire CORPS
sistant teachers have thus far given general
satisfaction to the trustees and the patrons OF
but the Lincoln Institute will, If properly
cared for, occupy the same position to the
colored people of the State WHICH the un1ver.
sity holds to the white people of the state. 1t
wise act to place the Lincoln lnsttute
under the control of the state Government,
where it can be cared for and protected III the
same manner as other State institutions are
protected and maintained.
requested the superintendent OF Iuonc
Schools to ascertain the number of students,
on the 1st day of November in each year. Tor
the last six years, in all the institutions OF
except the public district schools and private
schools of like grade. 1t has been stated that
the people OF the sts are t moe to-
aid. encourage and foster institutions OF
learning. This opinion has probably been
based upon criticisms expressed concerning
the management of our public schools, and
some are found cOndenning the system who
V.l find in ms
large and ornately built public school houses
some of them three stories in height-and
when the children of the school district are
assembled there is not Il sufficient number OF
them to fill the rooms on the ground nOOr
And if this were all, it would be toleraDie
But these school houses were built with
money raised by the sale of bonds issued by
the district, and the school taxes for interest
and other proper purposes became so enor-
much less the principal-and many join in a
pardonable complaint AGAINST the system,
be hurled against the extravaganza and reck-
lessness of expenditure sometimes practiced
o he W es and south ae
imbued with the necessities of free public
education, and have demonstrated their per-
feet willingness to support and encourage
such system. So far as this State is con-
cerned, its aid and encoura cement of public
schools will favorably compare with any other
A statement of facts furnished by the re-
ports made to that able and efficient ofhcer, |
Schools, will substantiate the statements
made by me. There are three descriptions of
school funds: the State school fund. the cOun- |
ty school fund and the Congressional township |
school fund. In 1874 the state school fund
was 81 624 1854. In 1875 that fund was increased
about S2s6 900. and the increase was principal |
ly from the conversion of $40 United States |
bonds, held by the State, into bonds OF this |
State The State school fund now amounts to |
the sum of S2,909,7 1872. The county and town
ship school funds aggregated, in 1874. the sum
of So 037 440, but many counties that ear failed
to make a report of those funds.
The county and township school funds, and
some special school funds held by counties
and the City of st. Louis, this year amount to
S. 1857 1853, and the total funds in this State for
purposes, on the LIST of January
last, So $50, sos, and of this sum S., 600
are bonds and certificates of indebtedness of
this State, upon which interest a. the rate of
per cent. per annum is regularly paid.
School moneys are now appOrtiOned accord
ing to the number of children between the
ages of and 90 years-formerly between
the enumeration of the preceding year; thus,
the apportionment of money for 1881 will be
made on the enumeration of 1880. l give the
and apportiOnment for few
years:
No. Of Apportion-
Children. nsent. |
1877 .676,153 $3.50, $50
1878 .6oo,Zlo O3t ,5W |
1879 ,,,...,.... ..........1O2,l 53 C2,795
1880. Observation-Disclosures. ,4S4 515,2S6
A fluctuation of the receipts of the revenue
De apportioned. The moneys apportioneda are
derived from interest on the indebtedness OF
the State to the public school fund, and 25
per cent. of the taxes received annually by the