The Dickinson press., 1892-01-09

""A d, Aton tue IoWes6 prlmary grade II
to and Including the coa-ses OF stu y
in cur highest state institutions. Pro
visions have bee" m de foe sYs.emntiz
ing the work Of h,gh schools 60 rs tc
pro,l IL uniform cyst, m of gradatio1
between the common schools and the
universi Y aud normal Schools. Tn.
work OF training tesohtrs has baen Cur
,led further towards completion than q,
any previous time IN the history of IL c
state and territory. A manual Of ins,i
tute instruction. in the hands of the
teachers, has afforded au opportunity
for % ties aud more ,cientitic institute
work; while the state normal scncol,.
and normal department of the tAse uni.
versity, are being equipped to rsnder
better service in profes innalizi, tat
work OF teachers. A uniform system Of
teachers registers. and reportin . blanks
and records for all teachers and school
officers, has been rlore thoroughly in
corporated into the school system, Au
excellent GLASS of books, eui abe for
school district librariee, has bean seIeo-
ted by the superintendent, feom which
school boards may purchase libraries fol
their districts SaDp copies OF these
books may be found en- .he shelves OF
Vie state educational library il the o(lioe
ot the state superjntende ut MANY of
the teachers of the stlte are pursuing
the oourseo of reading prescribed and cut
liped for ths state reading circle, With
marked Improvement in tho general
education of the teach.r and in the
methods Of instruction There are iu
the state 1854 school hoaaee, with 81
total seating capacity Of 59 335, tie
va'ue Ct the school houses aud appur
tenances being nearly two aud one Ii ali
million dullars. There are /, ,7OY schools,
with an enrolment of 37.9lG pupils.
The total amount oi funds apportioned
by tie Stat, for the two VEINS ending
June 80, 1892. was $54S, ,4OS 25, being at
the rate per capita OF $5 95 annually tor
each child over 6 and u adsr 20 yelrs of
age.
PUBLIC EXAMINER.
The report of the pablo examiner
will show that there has been au in
crease Of 81, 0rO, 900 in the assessed va!u
alton OF banks organized under our
splendid state bauklug Law. Oar sys
tenn OF controlling state banks has nos
only been highly oommeo.ied by fin.n
ciers OF other states but it has had the
IF OF OF bringing the credit of our state
banks we'll up to the standard o; thr
national banks in onr state Tue pub
lie examiner finds ulso that this law is
working o hardship to state banks III
some matters Of de all. ard he oals the
attention of the Legislature to this sub
jsct and makes sune Recommendations
There has been bat one state bunk fail
ure within the two years past rhis
bank was located at E!lendaIs About
IS er cent Of the indebtedness of this
institution has already been liqli
dated, aud the public examiner believes
That the remaining assets wi il eventually
satisfy all claim against this bank. IL.
will also recommend that the State
barks be not allowed to invest so heav-
ily in office furniture etc HIS report
will show that eighteen new b1nks, with
capital etock # $1s3 2CO. wer, organ
lied in the state during the past Il Gal
year; that we now have seventy fnui
state banks, with o oApital stock of
1870, 500. These banks contain dep sit,
of $1,89J.001 rs, $l 108, ,3O9 O5 OF this
amount being placed in th Sc ins.i IL
tions III the wsy Of saviugs. demand and
time certificates OF deposita. 1t is
learned from another source that the
national banks doing business wi hin
our state have capital stock OF S25l5 :
900; that tue deposits ara $6. 1888 64l 70
sho win q surplus of $500 z u, wit
loans and disosunts OF $7.O27, 4BO 70
There are thirty.thlee nat,on.i bA,ks
doing business in the state o. North ID /.
kota. Your attention is respectfully
directed TO the report OF tho public ex.
an iner. as it also deals with the ques
tionable practices of financial inhtitu
tions doing business in our state through
charters obtained under territorial form
of governments.
COMPILATION COMMITTEE
lD hetl1lg with tho law prpvioing !
the appointments Of y committee to oom
pile our laws, 1 named Hon. r NJ Pol
loo, Hon p. 81 Konrke and Hon j
Ct Hamilton to ezeclts this very i'm
portant work That the nature sn
sc,pe o' proper ool.fication of i
laws would naturally rec, lire lafgp
smonnt OF able and conscientious l,bo,
you are we'll aware, and how faithfully
and we'll tue memUers of this committee
have performed the exac.ing duties as
signed Them you eau best judge, as
their exhaustive, and have eoJd reason
to believe. compete Mt and compfeben
sive report is made direct to y,u. lam
equally we'll assured in advance, fro q
experience in the past, that you, as
lawmakers OF the state and the repre-.
sentatives # the people, always having
The best interest If the stAts paramount
in our aotione, will give it careful and
equitable COL sideret,on. A corr ct
compilation of cur l1w., snd compl. t..
ers diostion of their m my ambiguous,
col1 cling AID inope;otiye clauses
means clear and perfect understand
ing O. their intent, urd to this end your
committee has devoted nuch time aud
earnest devotion, es we'll as to comply
with other provisions { T the law govern
ing their duties
SCHOOL LAND FUNDS
By constitutional provision tho tate
board of university and tohool lands is
prohibited from investing the moneys
d. rived from the sale cf school lads,
except in school corporation bonds
within the state. bonds,f tho United
States, kouds of the state OF North DA
kota. or in first mortgages on lauds
The bosrd has inve t d q portion of tae
funds thus derived in district school
bonds; hut the higa rate of premium
now com manded by our state and Uuited
States bonds has made it impraoticable
to purchase these securities on perma
1ent investment; and the board, profit
ing by the experience OF oth.r states,
deems it unwis, to loan these funds en-
lands. owing to their lci s'ing values
There ia. therefore scme S3) 900 ZOE t.
the credit of this fund in the tr.asary.
The investments g already made have
netted the stste 4 pr cent interest,
o her state have provided l.y law for
the investment OF SIMILAR fluids without
their state, undsr propsr conditions
It is uni ,rtunate that our lay is not 50
oontt, ued as to psrnait the p1rohsse Of
outsi le E. olritisr, as thu state might
derive material bene f. could monty cL.
taiGed frcm this ourc be placed in safe
securities other thaE those emu GER to !
in the institution, aud this may Re
c)psidered as All explanation os to Why
all the school land funds have not been
invested.
STATE FINANCES
In oder to provide for tue liquidat alton
Of North Dakctss portion or ths in