The Butler weekly times. (Butler, Mo.) 1881-1918, 1902-09-04

tendont Of Schools, Of the great state
of Illinois L. superintendent Caring
ton, under same date alsD saws.
In reply Ia yours Of tho goth inst,
! send you Ivy express, prepaid to-day,
copies vt The NtN, and XXIlI, Bien-
MAJ Rouu'ls Of this department. On
r-r-- r-r- NY fttr-T7-rrtt
you will find sketch of the perma-
uoOt scAool und ut Illinois. On page
- Of The NNlll Biennial Report you
will find a statement in regard TO the
permanent school fund.
The school fund proper. the
eurp,ua revenue. the college fund and
The seminary fund amount To l,l65.-
4u1 - While the state is commonly
sand ~ be- Cut of debt, by its own
laws, 1t is h,ld for that sum. and it
pays the interest on the same yearly,
which amounts to SG992i4i. This
81 ia iUI.%9 represents not fund
held by this state, but an amount OF
money which the state has received
in trust and used for its own purposes
and upon which it has pledged itself
by publ" act to pay interest at the
rate oi q per cent until it refunds the
money The act providing for such
disposition OF these funds was un-
dOuhtoGiy hcncfcent for il has prob
ably been the means Of saving many
les,eS which otherwise would have oc-
cured
also quote from the Superintend-
ent of Public instruction for the
state of Michigan. Hon, Delos Fall,
I'm letter to Superintendent Caring
ton
"ln rcply to your letter of March &c.
will say that by the ordinance of 1887
the si&toonth section of each town
ship was reserved and the proceeds of
the sale of the same was TO go to the
primary school fund Besides these
lands the government also coded to
the state certain so-Called swamp
lands and other reservations for the
same purpose These lands have prac-
tically all been sold and the money
has gone into the state treasury and
been used by the state. but the state
pays on about one-thrd of the sum
per cent interest and on the balance
E per cent"
Again. quote from the letter of
Hon. L. u. Harvey. superintendent
Of Public Schools for the state Of Wis
CUnsin:
Your favor Of March 26 was re-
ceiycd this morning. The matter to
which YOU refer has never. | believe,
been the subject of any serious discus
sion in this state. The certificates Of
Indebtedness in Wisconsin amount to
81 .jG3. 200 1t appears that this state
borrowed from the school funds very
nearly this amount in 1866. at the rate
OF PER cent per annum. This is
practically the only permanent school
fund in this state and yields us each
year SODA Although the state
might now borrow this money or a
large amount of it from these same
trust funds at the rate of three and
half per cent per annum, no one OF
the state officers nor any member of
the legislature has ever brought the
question up for discussion or legsla-
tive enactment"
1t appears. therefore. from the let
ters from which | have quoted that the
Republican states of Ohio, Michigan
and Illinois have deposited their
school moneys in their state treasures,
and have used them for various pur-
poses. paying certain rates of interest
on the moneys thus deposited for the
maintenance of the schools, II also
appears that the state of Wisconsin
invested her school moneys under the
laws identical with those of Missouri.
If therefore these latter-day leaders
of the Republican party are eager to
dennunce the Democratic management
of the school fund in this state. they
must also denounce the Republican
management of the school funds IN
the four great Republican states Of
Ohio, Michigan, Illinois and Wiscon-
sin. Obviously, if 1t is criminal to