The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1901-01-10

Ba-by Shenans army its march through
the State 1866 Notice Immediately given OF tic loss q the
bonds the Treasurer and that officer cautioned not to
nize any presenting them as the owner
Under the Act of 1860 requiring the old banks business
into qudato the Attorney General of the State had tins
bank put the hands receiver and the winding Of its
affairs has been from that under the direction of the Attorney
General Upon his 1870 injunction issued enjon
ing the Treasurer paying these bonds without the
Of the Courts All but the said thrtyeven bonds, Or thirty
eight for there to be question have been from
to iunded and the proceeds distributed
under the direction of the Courts
There have been several applications the Legislature for leave
fund the said tyght bond and proceedings
in the Courts had for andaus the Treasurer do
without further action of the Legislature In all Of these the
of the have been thoroughly investigated and the Courts
have declared the bank the the bonds and its receiver the
only person entitled to fund them In the andau proceedings,
which all judges in the State called to sit banc ougn
ultimately decided that the Treasurer authorized
fund without special action of the Legislature two holding that he
and that the entitled have the lost bonds funded
without such aclon the Judges unanimous as to the merits OF
claim Previous Legislatures have etted to allow the bonds to
be funded, fearing that might possibly turn up with the
bonds and claim and fund them innocent holder But
pointed last year this danger removed in this case
the twenty years from maturity during which these bonds might
funded the Treasurer upon their presentation and dev
cry him by any such holder expired the 1 OF july S99 and
any such holder is barred under the Act OF 1906
Under circumstances claim the bank be allowed
renew bonds my judgment is valid and just and
should be allowed 1t denied that the State the bonds
one-hey carried part the old debt Of the State the
books of the Treasurer owing one-the Courts have de-
creed the bank be the else claim ae as
all but the bank barred under the Act of 1896 from doing
So 1t that in the face of these facts will be little
short reputation continue refuse allow the receiver
of the bank to fund these bonds
In States provision made for the renewing OF lost or de-
stroyed bonds without requiring action the Legislature specific
might be wise this State to make similar provision, as
renewing evidence of Indebtedness should be matter
further reason everything which adds the creditor
that he will be paid though he loses the evidence OF his
debt adds to the credit of the State
gone somewhat the merits of this cannot but
feel credit and honor of the State extent
vovcd earnestly the attention of the General AS
semb upon which action should be tae tor the bonds
longer be carried the Treasuer books Od Bonds
Fundable."
EDUCATION.
gratifying evidence of progress the remark
able awakening all departments education ut the beginning
century the civilized world knew such thing
education and many quarters until
lively date the position Of those who advocated free public
education legitimate function of State was stub
borny contested opposition State being largely due to
peculiar racial and social conditions State education now the
settled policy OF country being recognized both junction
and duty Of the government; and we'll be questioned
whether nineteenth century has made important con-
button to the cause of democracy and civilization Since 1870 the
public expenditure for schools in the United States has
nearly tebled being S26 capita population Or an a
gegae annually 1t principle well recog~
nzed that the safety the itself requires that give
the opportunity h themselves tor an ntegent ulS-
charge of their duties to the State
Encouraging reports from the schools and colleges Our
State indicating that they have entered an era OF timex
ampd prosperity And yet much remains be done to increase
the efficiency of our public schools The first essential teachers Of
high moral character and adequate professional equipment Our
teachers have better opportunities for professional training than
ever BEFORE they show average intelligence and pro-
essona fitness but they often poorly paid for their SER
vices and the results be expected until the Schools IN
stead of advertising bids from Teachers offer adequate and
demand good qualifications
The complaint made and njusy that school system
is we'll artcuated that provision has been made to m the
cap between school and the college, and that the COL
ege therefore maintain preparatory department. While It
is true few OF those who the school ever
reach high and fewer still the college, those who de-
sire college should have the opportunity to do
SO their This deficiency has been met in many ct
towns and OF the country districts by the erection o.
graded schools but the schools inadequate pre-
of