The San Francisco call., 1907-01-19
Treasury Notes
for the Schools
Resolution Providing for the
Deposit of Bonds With
the United States
GALL HEADQUARTERS,
1907 EIGHTH STREET.

SACRAMENTO, Jan. 1S.-District
schools on the plane of national banks.
the extension of school facilities to
the more than 100000 children of
school age not enrolled at the educa-
tional institutions of the land and the
discontinue of coupon clippers were
the beneficent purposes of a joint reso-
luton offered today In the Senate by
Caminetti.
The Caminetti resolutions contem-
plate national legislation to the end
that any school district or municipality
issuing bonds under the prescribed
legal restrictions, or such restrictions
as may be prescribed as to the ratio
of bonds on a given assessed valuation
of the district or municipal taxable
property. may deposit same with the
Treasurer of the United States. Upon
the deposit of these bonds the Treas
urer is to issue to the depositors treas
ury notes in an amount equal to the
full face value of the bonds in exactly
the same manner notes are issued to
national banks.
B By the terms of the resolution the
California Senators are directed, and
the Congressman requested, to use
every honorable means to secure the
enactment of the suggested law. In
support of his resolutions Senator
Caminetti embodies some interesting
statistics. According to his figures
there are 23,028,148 children of school
age in the United States. Of these
only 16,256,03S are regularly enrolled
at the public or sectarian schools and
the average daily attendance is but
11,31S,276, or less than half of the chill
dren of school age. From these fig
ures Senator Caminetti draws the con-
clusion that virtually one-third of the
children of the United States who
should be in the schools are engaged
in some gainful or harmful pursuits
and he ascribes this condition in
large degree to the inability of the
districts to furnish proper and ade-
quate educational facilities. His theory
is that, relieved of excessive interest
charges and the difficulty Of floating
their bonds, every school district could
provide better facilities, and that
parents, relieved of a considerable bur-
den by way of taxes for interest saved.
could better afford to send their chill
dren to school.
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There was enough left to pay for ex-
pert telephone operators.
The House was shocked at the reve-
lation, but the information had moth
ing to do with the resolution which
called on the committee on contingent
expenses to meet the proposed expense
Coghland of San Francisco followed
with the old, old argument, PA is rich
and ma doesn't care" After declaring
that he was essentially a reformer, he
said: The State of California is rich
enough to pay all its servants, not only
to pay them once but twice over"
Coghlan did not remember taking
any caucus pledge to hold the patron
age within the s13 limit. Il do not
think that is so." he said. IF I had
III. +
given notice that would not abide
by it,
Drew of Fresno expressed opinion
that if the amount needed was at the
disposal of the committee on attaches,
the House was entitled to it. He had
contributed to the committees left
over fund and was willing it should be
spent for telephone experts.
Cutten of Humboldt expressed his
belief that the members were bound
by the caucus agreement. He suggested
that the proper solution of the diff
Guilty was to get the members with
leftover patronage to consent In writ
Ing to the hiring of telephone opera
tors on their own accounts.
This ended the debate, and vote
was taken on the proposal to charge
the bill TO the contingent expense fund.
OF the thirteen San Francisco Assem-
blymen present all but one voted aye
When the last name was called. that
of Mr.. Speaker" the vote stood 33
ayes and 80 noes. Beardslee voted no.
thereby defeating the resolution.
It Is believed the problem will now
be solved by devoting patronage funds
to the employment of operators, but
at the same time getting the telephone
company to furnish experts a. the
usual rates.
Office diaries and calendars, also cal
endar pads for 1907, now ready at LIE