The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-10-16
School for defective youth at Vancou-
S9,76a 90


omitted. Several of them will not need to be
duplicated, as, for instance, the Sos 900 for the
Worlds fair exhibit, the appropriations for state
buildings OF the various state institutions and
that for the harbor line commission. Several OF
them will be paid back into the treasury,
as. for instance, the expense OF the
tide lands commission and the expense
of handling the school lands. As to the assets.
they were far in excess of the liabilities.
There has been no debt created since state
hood. With a 3-mill tax levy for state purposes
We shall have sufficient money to provide for the
current expenses of the government, pay all
outstanding warrants, and leave a surplus at
the end OF the yesr. The neighborng state of
Idaho. with a tax levy for state purposes of
Sl1 mills, nearly three times as great as
our own, Will have large deficit at the end of
the year. The school lands have been so Judi
ciouSly managed that we have now more than
s2o0o,0n0 in the permanent school fund drawing
. per cent. per aunum, ana olly about one
twenty fifth of the lands have thus far
been disposed Of We shall expec, to re-
ccive equal better prices for the
lands remaining unsold, you can
readily SEQ that when all of them have been
disposed OF we shall have in the permanent and
irreducible school fund. S5o.01a,0o0. which at 6
per cent interest, will yield s3,000,o00 annually
for the common schools ana this is the heritage
of our children and children's children for ali
time.
Mr.. McGraw's defense, made with
spirit and feeling, of Gov. Ferry and
Auditor Reed against the malicious
charges of the Democrats was frequently
cheered. In his opinion more than a
million dollars has been saved to the state
by the prudent selection of the go. 900
acres thus far accepted az the result
of the patriotic endeavors of Gov.
Ferry and Mr.. Reed. who, at their own
expense and relying upon future
legislation for reimbursement, sent out
cruisers over the state 10 select the lands
apportioned to the state under the enabl-
ing act. Mr.. McGraw's reiteration of
the manly declaration he made at
Aberdeen and Montesano respecting
the ship canal occasioned hearty
applause. Particularly was he
cheered when he asked that every
Republican in the state to v hom the canal
was Objectionable vote against him, but
that the other nominees of the party be
supported When Mr.. McGraw said he
had an abiding conviction that he would
be the next governor of the state, voices
were heard above the cheers, "Yes, and
we'll elect you"
A great hit was made by the campaign
S. C. Woodruff, 4. NJ. Convey. p. Il. Gentle
and G. C. Mills. They were recalled to
render the new humorous song, "The
Wall of Woe"
Col. Patrick Henry Winston made a
masterful analysis of the gospel Of mis-
ery and discomfort" otherwise known as
the Peoples party platform. He also
treated elaborately the subjects Of tariff
finance and the Lake Washington ship
canal. The colonel, in a lucid argument.
showed that the civilization of slavery is
the civilization of free trade and that the
civilization OF freedom is the civilization
Of protection. In speaking of the demands
of the Peoples party that the volume Of
currency be increased TO $50 per capita, he
said:
The volume OF currency now amounts % SIS
per capita which is just half the sum demanded
by tie Peoples party. A simple and mex
pensive way 10 double The amount OF money in
The country, and one that would ssye the eI-
penss gof issuing il by the government
aud taxing mortgages for Its pay
meut would be TO pass law that
eueryone having any money should have
tie rigat - cut or divide the sams into two
equa. halves or pieces, and tina, each OF these
halves 0. pieces should De equal ia value to the
ful! amount the whole had possessed This