Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1901-02-22
MAINE LEGISLATURE.
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receive State aid under this act if said
academy has an annual net income
from invested funds after payment
of interest on its debt exceeding six
teen hundred dollars
The reason | offer this amendment
is that WeStbrook Seminary which is
an institution of learning chartered by
this Legislature n great many years
ago, more than fifty. as | recall It, is
an institution that by this section.
standing as ii does. unamended, viii
be- deprived of the aid that we, its
friends think il is entitled to. | have
received this morning letter from
one OF the trustees who states that the
income now from its securities and in
vested funds amounts to $4,000. 1t
has an Indebtedness outstanding of
$4,000 on which ii pays interest at AZ
per cent. of 1925, leaving net income
of sli50. The amendment proposed by
me would enable that institution to
come then within the provisions OF
section d. ana within the other pro-
visions OF the bill, as understand
them; and that is the motive, and The
only reason | have to offer II. | un-
derstand that a line must be drawn
somewhere but this institution comes
within only SO more than the amount
provided in section &. ana its net in
come is beneath $1,000. 50 | ask for the
amendment for that reason.
Mr.. MrFADDEN of Lincoln Mr..
President if the motion of the Senator
from Cumberland is before the Senate.
| hope it will not prevail for do not
see any reason why ii should The in
s;itution of which he speaks is one
which is in a densely populated com
munity. IL must have 4 large
patronage. 1t is at the head of one Of
tie great religious organizations Of the
State; and | will SAY fur; her. that,
two years ago when a special appro-
priati0n was made for this institution:
ana raised some objection upon The
ground that il was not a needy in
stiution; ana that | thought they
could pay their running expenses from
| he large patronage which they had
from The dcnsely populated commu-
nifty. in which they are situated. ana
from tire fact that Trey We're at the
lead Of Il great religious 4 nomination
the Hon. Senator from Cumberland.
Nh. Burns. then a member of the
House. stated that the appropria .ion
was net asked for to pay the running
expenses. and that the institution
owed debt. ana that it was to help
them ont of debt: ANA the presump-
ton in my own mind is that if they
applied that money TO The debt. as il
was alleged at the time mat hey
wished TO 10. that they have liuui-
dated tbs debt. have cancelled it: and
| do not understand how It should
come UP again to the advantage. az the
institution | think the Senator ra-
calls that. Now | made at that time.
no further objection if remember
right, ana | ala not suppose thai ,!ehr
was coming NJ again, but here il !s
again. do not see any occasion for
such an amendment. An institution
having an income is presumed tn u.
out Of debt. 1t ought to be. | do not
Sc any occasion for adopting hat
amendment
MI. VIRGIN of Cumberland. In reriy
70 The suggestion made by tine senator
from Lincoln, Twill say that | HAY. "A
very vivid recollection Of the matter
| IN going before the committee On al
| Gcation at the last session of the I.egis-
lature. and that the matter was pre-
! scented in the form that the senator has
stated that 1t was. To enable them to
| pay the debt. They used that money.
all Of it, to pay the debt that he has
referred to. They still. at that time.
mad this debt Of $1,000. ana they came
| originally To the Legislature two or
| three sessions ago for an appropriation
that had been made for the academies
4 N ha t.t. -
the $4,000. But | think i'm all il has
received something like $1,000 possibly
eight thousand. If my memory serves
me right. it is six thousand. The
senator from Lincoln. ana all tn.
senators know that We always have
our debts with us. most of us they stay
by; and great many of the institu
tionS Of learning throughout the STATE
have debts. ana they struggle along Ia
| keep their heads above water ana t.
impart to the boys and girls of this
| state such an education as will fit them
to become honorcd citizens Of the
State and of the United States. tt
which great many of our boys when
they reach manhood go, ana the state
Of Maine is pleased To shine by the re-
tected light of the boys who have been
educated within our borders. and have
carried our name to the confines ui
this country. We are glad when they
come back here. We hold out om
! hands to them. Now | say this ineti-
tuition which has done as good work
| in educating the boys ANA girls, az any
| institution within its borders. should
not he selected out. and be deprived of
the aid which | believe, ami others OF