The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-02-04

OF north Texas. We have had surleit OF
the Indian aud white mans trade.
The gentleman says it is strange that We
appropriated II considerable amount for
aud now refuse this. In tho one case
the state owned the property, in this IL
does not. A committee of this honorable
body, after investigation, reported so much
absolutely necessary for the mansion. but
this bill has not been 10 u committee, and
the gentleman from Travis don't want IL to
20 TO one, but is pressing a quick vote
on H..
The gentleman from Travis says that
perhaps this Is to cover deficiency aud
that the money has already been spent. Ii
this Is so, this body aud the people have n
right to see the items and knoW The where
tore Of the deficiency,
The arguments Of the senator may have
some weight with oonliding senators, but
will not have much with people right
fully Jealous OF the expenditure of their
hard earned money.
No. ~
AUSTIN, Feb Especial Correspond
onCc, --SDm0 days ago the house passed u
bill onacting that all the school, university
and asylum lands should be Withdrawn
from sale. The question Of concurrence
therein was before the senate ON yesterday,
ana gave rise to considerable discussion.
The llEgALp's readers must not confuse
this bill with the land bill that was passed
and signed by the ex-governor last week az
many persons have d0noi That was u bill
suspending the sale of all the unsuryoyod
public lands which the act Of 1879 offered
for sale ut 30 cents per acre, The measure
now referred 90 pertains TO the land men.
toned in the second and third lines as
above OF these surveyed sections there
nre about 33,OO0,OOO uCrGs. Tho senate
(MatlOCk' ~ bill proposes the sale OF these at
from 50 TO 81 90 per acre, This is IN
accord with the Gibbs bill save that the lat
ter provides also for the leasing. The aues.
ton Of tho moment Is, shall We sell or
lcasc2 and II In ono of the most important
that comes before this session. Here is,
substantially tho argument, pro and con.
II We sell, thon IL Is simple question of
arithmetic as to what il TO be the maximum,
Interchangeable amount of our permanent
fund to the interest from which we have to
look for tho available fund Of the future.
Assume, now, the disposal of the 80 100000
acres at the proposed price, - per acre and
we have S0OOOUDO, which, Invested NJ b
per cent, gives us g3,0OOOOO per AN
mum. Our present scholastic population
IN, In round numbers, 400 900 The present
NNNliNbiN hNHNN lNilNl tliuN EhNN hlltet lNNl
months schooling last year, was 81 OO0UO,
or about 800 per head. If then We in.
crease the term to eight months In the year
then Just 5000 600 will be required for the
present population of 400 900 pupils. But
The time Is not far distant when this NUM-
Der will bo doubled, aud hence 81, 0Ol, 900
will be required annually. Thus, therefore,
VIZ would seem to have adding the existing
revenues to the prospective ones from tho
assumed sale This is not unpleasant OF
contemplation. Hut on the other hand, let
us assume the lease system in vogue.
Then We would have 50, 900 900 acres leased
nj say cents per acre here we have 900.
0JO annual revenue, lust OnG-hAli OF what
the gale would render, but which would bo
quite Sufficient TO educate for eight months
IN the year, with what We now have, Ht the
IS per head, some 50O090 pupils, Tins
would certainly appear quite sufficient Tor
some time to come. At the expiration ul
the lease term, say tN0nty years, with tho
largely increased population OF reXas, these
lands would surely have appreciated, and
might thon be sold at largely advanced
figures II the people OF that day should do
sire to sell. We would thus take caro- OF
the rising and the future generations but
again, there IN another view TO this Ques,
ton, 1t the lands shall be sold, then Texas
the Interest on the amounts, but the taxes
that may be due, from wear to year, upon
the property, Now, II all the school land.
were oi equal value ana equally saleablo
the question might prove OF reader sOll.
ton, but II must he remembered that they
are OF Infinite variety, some being tit al
present only for pasture, aud others again
beiLE very valuable as timber belts, and
some even, most probably, possessing min
erals within. Tho safest mode would
therefore, seem to be the lease OF some, and
the sale of others NJ public auction, = sound
discretion boing exercised NJ to what land.
to sell, aud when to sell them. And, IN al
events, Texas should reserve enough, for d
long tune to come, to otter to families, who
immigrato hither, the homestcads now ten
dered, for, M has already been remarked, n
IL better to have 600 families, representing
81 eco each, than to have ono mnn or syudi
cate, representing 81 900, 600, IL will take 1
hall century Or more to sell all the land ol
TO lease II rs above assumed, and hence
this middle course would appear to DO mi
preferable.
Well, the Chonowoth bill for the creation
ofa
HOARD CT EQUALIZATION AND ASSESSMENT
OF railroad rolling and other property, has
with few amendments, passed the houst
to engrossmcnt, despite its several serious
defects. The vote, 81 10 ~, would indicate
Its final passage in that branch OF tho legis
laturc, but II has vet To run the gauntlc, of
the senutc; aud after that II will pc tcsteC
by the courts. The readers ol tho llegALl
must have seen the other day what Tia,
courts did IN tho case OF similar legislation
in Nebraska,
The railroad commission, bill Is not vet is
from, the hands of the committee Their,
AL La ls.,.. a. II.
rom leading lines NJ present az the capital
waiting 60 be called 10 furnish the required
intormntlon TO our solons, who will DO nu,
very little wiser when they got through tn,
examination OF these experts.
Yesterday In tho house Mr.. Mckinney
chairman ot the committee on
EDUCATIONAL AFFAIRS,
reported rs follows;
On house bill 212, to provide for the pay,
mont to tho university fund OF tho bonds,
amounting to $lSi,i72,a6, executed by the
state Of January /, 1867, in favor vt said
university fund.- under an act OF the clev.
en,h legislature, approved November II,
1876, ontitlcd An act for tho purpose oi
carrying into effect an ordinance of the
state convention, securing tho common
school and university fund, and for other
purposes, and the interest on said bonds"
The committee report by substitute, and
that 100 copies BE- prlnted.
The substitute is entitled; A bill to pro.
vide for tho payment OF certain debts OF
the state out OF that half Of the proceeds OF
the sale OF public lands not belonging
To the common school fund,
IL IL the sa,na bill intro,
duccd IN the senate by Mr.. Davis, declaring
tina, one half OF the proceeds OF the sale oi
public lands is declared to consti utc part
Of the common school fund and not subject
to appropriations named In the bill.
The bill declares as valid debts duo by the
state TO tho university fund; The bonds
| SiSi, i,2 N, issued january |, 1867, and Ger.
tiAcales for SIC, 1900 Al, issued by Comntrol.
Ter Robards, and the sum OF $lN,252 ~ OF
that one.half Of the proceeds OF the sale OF
public lands not belonging ~ the common
school fund, shall be transferred 10 the uni.
versiiy fund In payment of said certificate
and bonds and the accrued interest on said
bonds, $t5,l0i ~ OF which belongs to the
available university fund.
Bonds for $Ss, los ~, dated January 1,