The Chickasaw messenger. (Okolona, Miss.) 1880-1900, 1888-09-06

Nhirh q, flHLl4u. Oue-half Of tins
interest, say si92S.50 goes To the A.
a NJ. College md the other to Alcorn
University.
rEhus oF the GRANT
A. laid dowa ia the Act Of Con
gtes. Of July p. 1862. The money
derived from these lands. or scrip. il
required 90 De invested ia stocks Of the
L. s., or of the States. or some other
safe stocks, and the money so invested
shall constitute perpetual fund, the
capital shall remain forever undimin-
ished Except that ten per cent of the
original amount may be invested in
sites for colleges and experimental
farm-) and the interest shall BE- invio-
lately Appropriated to the endowment.
-uppoi and mantainsnce of agricul-
iural and mechanical colleges. Gee
section 4 p j0D And by the 9Th seq
tion twas provided that the grant
should be made on the following con-
ditions; II any portion oFihe fund.
or any portion Of the interest thereon.
shall by any action or contingency.
be diminished or lost. IL should he re-
placed by the State To which Il be-
longs, 50 that the capital of the fund
shall remain forever undiminishcd:
and there i, allowed tho expenditure
Of ten per cent ofthe Original amount
in the purchase of lands for sites far
the colleges aud experimental farms.
a, before stated No portion of sail
fund. nor the interest thereon. shall
he appropriated. directly or indirectly.
under any prcten,e whatever, 10 ;he
purchase, erection. preservation cor re-
pair, Of any building on buildings.
ANY State which may take or claim
the benefit of this act, shall provide,
within five years, az least not less than
one college. A. described in the fourth
section. or the grant shall be void, and
the State shall return the money. By
an act passed January %, 1866 Cl3 L.
;. Statute p. POS the time for accepting
the provisions of the act was extended
three years from that date, 50 a. TO
give the southern States an oppOrtuni-
~ to accept The fourth section of
She original IT, required that the in
forrest .ha. X in,l,lsbly
support as'ip6aintan ID lea1
college, where the leading obiect sla,.
be, (without excluding other scientific
and classical studies, and including
military taetics) to teach such bran
ches Of learning a. are related 10 agri-
culture and the mechanic arts in such
manner as the Legislature of the
States may respectively prescribe, in
order to promote the liberal and prac-
tial education of the industrial classes
In the several pursuits and professions
Of life.
Il will be instructive to quote Gen.
Georges opinion ON this subject az is
given in his famous letter to this com-
mittec;
LIST. That Congress did not intend
by the grant to furnish the whole Of
the means for the establishment of the
colleges. II intended to furnish part
aud require the State accepting the
grant, 10 furnish the ballanre. Not a
single cent Of the grant can he used
for the erection or repair of buildings.
These the State must furnish, and on
| ly ten per cent ofthis amount ran be
used for buying land
,. The State accepting tho grant
was bound, Ia express terms, guaran-
tee the full preservation forever, Of all
the principle and at least five per cent
interest ON IT,
3. The school which was 10 receive
the benefit ofitis to he school whose
leading object is to teach agriculture
aud mechanics, so as TO promote the
education Of the industrial classes.
The other grants made by Congress
for semmaries Of learning. have, in
every instance, been used ia erecting
colleges and universities for the non.
industrial classes, or those who, in
common parlaince, are well TO do in
the world, ifnot rich, for the educa.
ton VI professional men, and gentle
men Of fashion and society. So Con.
gress donated this fund for the great
mass Of the people, those who, by in.
dusiry and skill create our great
wealth, which is mostly, I am sorry
to add, enjoyed By others. This two
exclusive enjoyment Of this created
wealth By non-produeers, comes from
Ignorance, want Of education in tho
producers, and this grant was intend.