The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1884-01-10

Il an extension OF Inns for Tsdemp
ion. Here the title has become com
,lstsly vested m the state, aud the
tate i required TO place these lands on ihe
market 20 tue ~ CHEST bidder and ~ the
original owner t,iTeH 10 become the owner
again, he mus lake his chances with other
bidders Th'Ife can be no reasonable OBJ
sclion 10 stloNins original owner, VINO
wish TO ". TtiuyesIed with tue 10 'n'h
property 20 paw the state such tulu az 'Ne
'ompirr lrg shall uame, 50 a. @ REM hulse
the sts e, 10 luClui0 the whole laf uu' np |
10 th'i date o.. redemption With annual pr !
teFe'fl ~ eight yer cent, sud costs OF ever ?
chs F4nier,
,ps rL.rfcrl1N or THE rEOFEglf W ghI
sIATE At TUE CArgFAL,
Tho law provides 40 adequate mode by
which the public servants ui mo slate can
prutgg tha property OF the state ~ lhlg
place. There Is constant outlay ol
muuey for repairs O. the governmrbt
IToprfty here aud the members OF the leg
iraWr, Csuunt well unIsIsiAu how u %
tl.r large appropriations are asked Tor anu
actually required 90 repair grounds, fence
aud public bulldogs Cui furniture re-
rrtL 10 sHy that lhrre appears 60 be- !ttl.
ing here Tia, seems 90 indicate thhl lNt
tate thould rot look 10 tine ordinA'y
methods, Ggd recoumGud inc enactment
0t law thlt will C'ebie tho puoho ser
wants ~ the capital to protect the pue"o
property, -..-..
II will be found upon examination that
the judicial d,strc, bill passed s'
the regular session OF the elEh-
tenth legislature, which taxes eH'et
1854, needs some corrections ana nhebH'
meuta 90 cure certain defects, which nave
from time 10 time been pointed out bS
members OF yGur own body
/ rssErrsVAtnsT nF. ~ z SCHOOL ffknN4
Ipasmuch As the legislature submitted an
amendment 10 the constitution which Wss
/ aaartCd m august last, providing that the
brgri OF eguCsEiOW should invest the per
/ mRnaut school fund u Cliied States, stats
/ or county bonds land ig such other secu'
| .i,.gs aud under such regulations as may
| be pTtsufi0gd BY law ! have deemed u
Ipyallr 10 give the legislature q chance TO
! Snv whether or not other securities tran
/ those named should be- purchased,
! lis proper u observe that the board Of
lafrcatipp. since the adoption %. The
amendment, has Invested $l,S5' ,74S "
Of the school iuUd ia County bonds. Inc
! bulk OF the Rnouut mas seen invested IN
I b.ya no recommendation TO mske
about "othcr securities for investing the
| school fund, Ii permission is granted
counties 10 fund their indsbtcdnssses,
| have no doubt but that county bonds VIII
absorb all tho permanent school aud Ssy'
| lum funds for ysars to come.
Ia the opinion OF the board OF education,
there could not be two bodies, each with
pl.nary power to invest the school funds in
| United States, state and county bonds, aud
AS this by the constitution, is 10 he done
under The direction of the board of educa-
ton. it was believed that the constitution
was. TO that extent, seli-acting, and
Legislation was Necessary; hence u uJsiu,
in the interest OIL Tree schoois anu
TO save the people from taxation, pro.
ceeded at once to loan the permanent fund
TO counties, and it. is now all invested in
not less than per cent. valid county
bonds.
The United Staias and state bonds owned
by the scnool iunG might be transferred To
the university fund AZ better rates thar
could be obtained from tie market, ana re-
sult in advantage TO both funds; rs the
school fund co9ld be easily r5invested II
county bonds at better interest than Il !.
Craving at present. while the university
fund can only be invested in state and fed
aral bonds, for which high premium mus
be paid in the markets.
EXPOSITION AT NEW ORLEANS.
1t woald seem that laudable pride II
: our state, as well as the material advan
: tages to accrue, which at Ionce suggests
, themselves to members, should III
du e US to take steps to properly represen
: The state at the worlds fair to be held a
New Orleans, beginning in December
next, and earnestly recommend suitable
, provision be made for that purpose.
DEFICIEsCIEs.
Under the bill granting pensions to Texa
veterans there exists deficiency OF sbou
$63 1915.
;; There is alse deficiency in the appro
priation for contingent expenses ana to pay
officers and en- ployes of the regular sessloL
of the eighteenth legislature OF about SI63
recon mend appropriations to nee
these deficiencies.
COUNTY LIABILITIES.
Various counties of the state have 8 float.
D., ing Indebtedness, and owe more or less lol
) bridges end other purposes, that they rec
, ogui2e as valid debts, and in some case
thew have issued bonds. The board OF ed
ucatiou so lar, has refused to purchase foi
/ the school fund any county bonds except
I those issued to build court"houses, and sub
sily bonds issued prior to the adoption o
/ the present constitution, on the Grount
. that there appeared TO be no eX
, press authority to issue any other specie!
, Of bonds. If thpse counties were author
, -2ed by law to fund their debts, including
+ all character of claims recognized by them
an valid. thew could put thei
bonds, covering sucl indebted
ness on the market, and th'
no y, h,,r, " ~ II,'0"''-'
~ NUJ eorroot. lands.
,-.-..
the eighteenth Legislature has been io1nt
, to De very IhWieId!, aIu wy noati na'
had great difficulty in putting II into op
Grafton. 1t has been ascertalheq, from eX
peri5nce, that he System OF local agents II
the countief, was DOM expensive snI
unsatisfactory, ana Guuet inc ,4-Oerhi pto
VISITS ~ tbe VIZ ynie. Iaid down in tbe law
chaut'e tne tIieS ~ -, 80. 49, ~"
many cnanses nsNn so 80 ~ h,55ors n,