The Durham recorder. [volume] (Durham, N.C.) 1879-19??, 1891-01-14

Thursday. The News and oh
server found the document tot
lengthy for its columns, ant
printed a summary thereof
THE RECORDER, in turn, sum
marizes the report Of its Raleigh
contemporary as follows:
He began with q reference tc
the
STATE DEBT,
and in that connection mention.
ed that now all the litigation
over State bonds had been set
tied in our favor; particularly
the old Temple suit, the Chris
tian case, the Swasey suit; and
the case brought by Raltzer and
Taaks; and that the bonds held
by the United States Treasurer
in trust had been paid, and d
suit 10 ascertain whether the
State vas liable for interest on
her past due bonds had been de-
cided in our favor.
The Funding act ceased to be
operative on July |, 1890, and
the entire recognized debtof the
State is now So 1896, ,l3l, Of which
3,2l9,I0O is evidenced by 4 per
cent. bonds, and 50, 10000 by
Is per cent bonds. The interest
on the latter is provided for by
the lease money of the n. G. X.
r., 50 the debt is practically but
1919, loo.
He recommends that as the
State receives $1S0,O0O a year
from the N. G. X. r., after the
payment of interest on the $2,-
100000 six per cent. bonds, the
residue be invested in these
bonds.
The Treasurer's receipts for
1889 We're $724, ,jO6.45, and ex-
penditures were 1919, ,O29, ,O2. The
receipts for 1890 were S976, ,7Gl.-
81, and disbursements were 81
lS3, ,303.7G.
The estimated value Of prop
erty III the State is 1927 ,OO0, 900,
being a gain of ten millions
within the last two years. The
Governor is Of opinion that
there will BE no necessity Of an
increase of taxation. if we can
obtain a fair valuation Of lands
on a cash basis. There should
be d uniform rule according to
the true value iiI money.
EDUCATION.
On the subject Of education.
the Governor expressed very
pronounced views. He cited
the provision of the Constitu-
tion requiring the commission
ers TO Keep the public schools
open at least four months In
each year. and referred 10 the
obstacle i'm the way of doing that
because of the limitation OF
taxation.
He indicated that the legisla.
ture might find a way out OF the
difficulty, as the commissioners
now levied the tax for county
purposes first and left the school
tax for the last; and the Su.
preme Court has held that they
cannot exceed the limit fol
school purposes.
The report Of the Superintend.
ent Of Public instruction
showed that while the general
tax in the United States wa.
S2.1l a head for each school
child, in North Carolina il was
only 40 cents.
He recommends that the legis.
lature should compel the school,
to be kept open the whole tern
of four months, and that a law
be passed allowing any town,
ship TO increase its own taxa.
tion and maintain its school,
even for a longer period; ant
that the school district or town
ship that taxed itself should bt
credited In the State tax fol
educational purposes with til,
amount il raised for that pur
pose.
The average term is now bu'
sixty days, being three days les
than in 1858. Theentire educa
tional receipts for 1880 werv
S7iS,225. The children Of schuo
age number 5Ss, ,GSS; the numbe
enrolled is 332, ,533, and the aver
age attendance 2O3,l0O.
AGRICULTURAL DEPARTMENT.
After some general observa
tions on the importance Of agri
culture TO the people Of thi
Estate, he referred 10 the Agri
cultural Department and eli
immense service IL had been 3
agriculture and TO the peopl
since is establishment. Blu
this department is now IN nee
Of immediate relief, because eli
law imposing u tax ON fertilI
zers has been pronounced un
constitutional, and unless som
other means are provided ri
sustaining it, il will be paralizet
He cordially recommended th
proposition made by the Con