Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1891-01-21
Continued from second page.


pledged for educational purposes
and shall not be transmitted
any other find for other uses
and the interest thereon shall iron
time to time be apporti net
among the several counties as tn
Legislature may provide by law
and the Legislature shall provid
for the sale Of floating land war
rants to cover the aforesaid lands
and for the investment of all pro
ceeds derived from any of the
above mentioned sources, in Uni
ted States bonds or bonds Of this
State, or the bonds Of other State.
ofHe Union; provided. that the
interest only Of the aforesaid pro
ceeds shall be used for educational
purposes and any surplus interesl
shall be added to the principal
sum; and provided further, that
such portions of said interest as
may be necessary may be appro-
priated for the support of the
State University"
From the above section it can
be readily seen that the Legisla-
ture is directed to provide for the
investment Of all proceeds derived
from any of the above mentioned
sources. Legislative enactments
have already been placed on our
statute books for said investment
in United States securities and in
bonds OF this State, and it only re
mains for you, gentlemen, to pass
a measure di Getting said invest
ment in accordance with the Con-
stltutlon as amended. This can
be better accomplished by amend.
ing Sect of ian Act to pro-
vide for the safe keeping OF the
securities OF the State School
Fund" approved February 81,
49, so as TO read: "Said Board |
shall di ect the ST te Treasurer to |
negotiate for investment Of the
same in United States securities.
or IN bonds Of this State, or in
bonds of other States Of the Union.''
would suggest that this be
done at your earliest convenience.
80 as to enable the State Board OF
Education to invest the S11l.343
cash now on hani in purchasing
4
bonds of other States of the I'm
ion, which is at present more adj
Vantageous than either Of tie
other methods provided by law.
WORLDS COLUMBIAN EXPOSITION.
An appropria ton for a State ex-
hlbit at the Worlds Columbian t
Exposition to be held at Chicago. {
in the year 1898, is a T.
question to be met with a fore. :
thought of the depression our in {
dustries are now undergoing, and
L feel confident that you, with
your knowledge of the best ends n
and means, and meet it effect n
vely. S
While we cannot expect to sue '
'essfully compete with more popu- y
Gus and wealthier States, we e,
should be sufficiently liberal to il
'nable our Commissioners to do d
ionor and credit to our great COM -
nonwealth. Let it be a practical m
nanifestation Of our varied re- "
ources, and it will undoubtedly 10
rove profitable to the State and OF " -
interest to all visitors. p,
may be argued that an appro- fo
Ration for this purpose is neither es
ldlcious nor essential, as it can th
OF be expected to yield immediate ~
esults, but bodies polite have a of
1ought for the future, and in my tn
Summation q moderate outlay will or
erve to maintain our good stand ?"
g among our sister States and o.
erritories, and is certainly one of
le very best methods of adver-
sing the many industries of our
ate.
STATE MILITIA. fri
The several military companies Val
the State are showing marked ser
lprovement in every essential IN 1
rticular and great interest is me
ing manifested by officers and will
IN in their duties. They are at
esent a strong and proper ad : =
net to the civil authority. 1t on
uld, I think, add materially to I