Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1892-10-13

method may not be popular with some, but
it will be easier for all. | do not advocate
neglec OF nay public interest or a course of
false economy; indeed parsimony is some
times a calamity, in causing at later period
what they appear to be extravagant ex-
pendtures.
The House of Correction Ia of modern tyne
the prison has been rebuilt, tho Reform
School 10 well equipped, the Soldiers Home
secured, the new asylum completed to admit
one third its proposed capacity, and fully oc-
cupied, and all of these will require con
slant repair an | possibly future enlargement
but their maintenance only is imperative;
applying tho thoughts and suggestions that
naturally arise in this connection, | believe
it possible TO secure such q reduction of ex-
penses as TO satisfy all reasonable expecta-
tions. An even temperature in monetary
affairs Is conducive to financial health.
INSPECTOR or FINANCE.
From tho report of the inspector of
Finance, it appears that our savings banks
are in n healthy condition.
For the two years ending June so 1892,
there has been an increase in deposits Of
s., IA, 116 81: total deposit June 80, 1902
$2l, GA, al, &c; increase in number of de-
positor,, II, ISL; nunbsr deposltors resident
in the State II G3J total number deposit
ors 50, 40.
The great care aud prudence with which
these institutions are managed gives increas-
ing confidence to our people, inducing them
to retain their savings at homo rather than
than to adopt the moro hazardous course Of
sending them to distant point, with all the
attendant risks. | especially call your at
tention to that part Of the report which 70
fers to the omission In the law recurring re-
turns to be made under oath, also to the
necessity of trust companies carrying por-
ton Of their profits to surplus. Several of
the savings banks have SO large a surplus
that they may deem it prudent to declare
extra dividends; the present law for COM
putting the same is 90 IMPLICATED that it be-
comes Imperative that dspostors be divided
into classes covering different periods of
time. With the vicisaitules incident to
Losses in business, by depreciation of securi-
ties or otherwise, it would seem that in
cases Of this kind moro prudent measure
would be to increase tho surplus, from ten
per cent Of the deposits to fifteen per cent
of the same. Tho time should be changed
when the inspector is required to make his
report. To this euI the date ought to be
fixed from which the fine begins to run
against savings banks for failure to make
reports TO tie inspector.
The various financial institutions that
now make reports to the inspector, and re
ceive from him an acknowledged or copy
OF a statement, uye that document preci soly
as II 1t were legal license to transact bust
noss, with tie Endorsement of the State
government to solicit funds from our people,
for investment or speculation abroad.
| recommend that change be made in
this matter in such way that the pocket
document will be eliminated, and this means
of temptation to Our people avoided. The
state does not endorse or recommend these
institute rs. ], simply says to them, that il
they do business here, they must file a state
meat showing their standing. Beyond this
the State should not be made to appear to
be party 10 any of their transactions.
EDUCATION.
The recent legislation affecting the schools
OF the State has borne fruit in the greater
interest shown in educational matters and in
some respects IA more satisfactory state Of
affairs now exists. While it is unwise to
change our system too frequently, | think
you have further duty iii devisiug ways
and means to elevate the standing Of tho
schools OF the State. | believe that the
school district having supervision undar "
single head, should be made cs large as
possible. In many places the town system
will give the best educational results. pro-
vided proper school machinery, with which
to work, is FURNISHED; but in some Of the
smaller districts situated in the more sparse
ly settled communities this undoubtedly
will work considerable hardship.
In many instances the furnishing Of books
and supplies bears heavily upon tho parent
a working man with large family, having 20
a "A
for each caild, VIII be induced to remove
the child from the school a; an earlier age
than he would if the books were furnished
by the town or district. In places where it
has been tried this expense has been re-
duced 30 low Tor each scholar per aunum.
that this feature alone should commend it,
4 careful estimate of the saving to the peo-
pie Of tie State, based upon what has been
done, couVlrces me that more than 1890, 600
per year can be saved to the people who
now have to boar this expense The
objection, if any, that will be raised against
it, is likely to come from property interests
and the manufacturer and dealer in school
books; but Is not the duty of tire State to
the children greater than their obligations
to thcse
The reports OF the various county exam
inors, together with the recommendations Of
the superintendent OF education point out
ways in which further inquiry can be ma lie.
IL it is possible for you to devise any al
ditIonnl means OF improvement in any III
rection it VIII be welcomed 10y all.
UNIVERSITY OF yEHMoNI A>D STATE AGRI-
CULTURAL COLLEGE.
This venerable institution, originally char
tered IN 1874, has been the recipient Of the
fostering care of both the State and nation
I'll governments. At the present time there
are practically four allied schools; the
academic, medical, mechanical and agrIcul-
tural. the practical operations Of which are
clearly set forth in tho report of the trus-
tee, More than usual interest attaches to
this institution ut the present time, from
the fact that thorough investigation into
the workings of the various departments
was made at the last session of the Lugisa-
ture, when it was sought to separate the
mechanical and agricultural departments
from tho University.
] have made several visits to tho institu-
tion to acQuaint myself with the progresg
that has basn made in tine Improvement Of
facilities and methods for furnishing to the