The Caucasian. (Clinton, N.C.) 188?-1913, 1894-11-01
APT. BRADY SETS MIX. SMITH RIGHT.

smith Made False Charges in his letter to
the News n Observer and did not Know
What he was talking About. capt. I;rady
COnfronts him with the Records and the
Law in the Case.
Editor CAUCASIAN.-COnsidering
the great education Of the people,
and journal in which the people
can always find the truth, as sucl, |
ask small space in it for which We
consider information for the people,
in reply to an article by Mr.. l.. l..
Smith published in the Raleigh News
and Observer of the 22nd of Sep
tember last headed "Third party
bookkeeping" In this article Mr..
Smith says that the ''leaders of the
Third party in this have found "a
mares nest" In correction Of this
statement of Mr.. Smiths we wish to
inform the people that the Third
have not found a mares nest, but
they have found a money nest with
Mr.. Smith trying to cover this nest.
The money IN this nest or in the first
nest is the sum of $23G, ,54S, ,SJ. In
the second nest we find the sum Of
1914 ,S66,7S In the third nest we
find the sum of $292, 1851. Mr..
Smith says ''the false statement was
first made that according to the re
port $l9l ,G26,S3 was not accounted
Tor at all" This statement Of Mr..
Smiths is false as can be proven by
any number of witnesses as good
men as are in the county. The State
ment first made by Third party book
keeper was this, that $191 ,626,o3 of
the school fund of 1892 did not reach
the schools. Again Mr.. Smith says
that "when the author of the state
ment was faced with the report,
which showed that every cent was
accounted for that all reached the
schools except of about 5 per cent"
In this statement Mr.. Smith shows
that he himself is a very poor bo"k
keeper, and worse matb emeticlan
as is proven by the state Superin-
tendent's report which shows that
more than 80 per cent. of the school
fund collected in 1891 and in 1892
did not reach the schools but was
held on hand.
The Third party book keeper sees
in Mr.. Smiths statement Of only
holding 5 per cent. of the school
fund that he Is more ignorant than
we had attributed to him, OF be is
still laboring to deceive the people.
He says ''the holding of the 5 per
cent. is the record of economy that
deserves special attention and com
mendation We think ere this he
is convinced that the holding of any
per cent. is contrary to law, and has
received condemnation rather than
cOmmendatIOn.
State superintendent report,
June 30th 1891.
Amount received for the school
year ending June 30th 1891 S7l4, 4,696,
y. Amount on hand at last report
1896. 54S. 50, making total of SOL
015.I2.
Amount disbursed for the school
year ending June Both 1891 SOTO
629.2l, leaving balance on hand Of
1914. o667 7o."
Report "June 30th 1892, amount
of school funds received for the
school year ending June Both 1892
$765. .449.63. Amount on hand at
last report $267. 500, making to-
tai of $1042 .S27.63 of this amount
they pay out $760.93l.O4, and held
IN their hands $2S2.77S.5l." 1t will
be seen that this balance kept on in
creasing every year.
Any per cent of this school fund
kept on hand or held over and not
applied to the schools in the same
fiscal year in which it is collected is
a violation of the law, and stands
condemed by the law. State Super
intendent Fingers report school
law of 1891 page section s We tiud
these words. 'Generaily speaking
the winter is the most leisure season;
if the schools are taught then. there
is no reason why the money should
not be used during the same fiscal
year in which it is collected" This
is really what is intended"
Section 81 chapter 1919 laws of
1889. "No school can comprehend
parts of school years" Mr.. smith
admits that they held in their hands
) per cent. of the school fund. The
State superintendent report sho VS.
that they held in their hands over
30 per cent of the school fund found
by the Third party book-keepers in
this money nest. We see from Mr..
Smiths own statement that he has