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Ily CHAltr.KS O. UASTMAN, Woodstock, Vt. 5 muwriKiMiuiinBiiiinui ininww BUSINESS CA11DS. O. A.HKYANT, Dslcrln Cnsllsli.Frciicli, nnd Aincrlnin Dry Clonus, W. I, (J iniiln, iind OrocvricH, Crockery , IIIiihh mul Hard Ware. KlmStrtet, DIHLIilSU & SliADII, DCAi.nRsiNvi.ouu, w.i.oooiis.tnuounnir.s, A1.80 CONHTANTLV ON IIANI), TIUIITS.CONFWJTIONAnV.rtUMMUItnniNKSANl) UKl'UCSIIMHNTS, cKNTnAi.sTiu:nT,opi'08iTEvm,r.,r.v'8 iiotei., 0 r.i). ,Mi:i,i,ikii, ii.Hi.mh:. A. JLATOH, & CO. Al thc old Stand lulcly oceuj'ied by i. o. triuou; DnAi.nusiNFi.oim w.i.nooiisANnnRouniiins. UONFIIOTIONAUY.SUMMKIt llltlNKrt, AN1 KEFIinailMENTH.UONSTANTI.Y ON 1IAN1). CENTRAL BTRECT. 22H AKOUSTU S II A V KX , Wholeinlaumlrvlitilildiiler Iu V. 1. (JooiIh.Tchs.I tuIIs Wlni-n, A:e.,nln,StovrH,lJutiilliirp,&r. 3d UUOIt SOUTH IIEAlMIK STATE rilEUT, Mantiirllrrtf't, 1S2 ly , UUSSKIili Si CliA KK, h'ATCIIMAKKHS A N 1) J F. W H 1. I. H R S, OPPOSITE WlUT.Vr.Y's MOTr.l.. CENTHAI, BfnhCT, Miiiiudiciiirrr oHllrrr flpnom anil Siipct.trlcH.nnil l)c:ilcr Iu Jowi'liv.Cullerv mul ruucy fiood U'linlcsiile nnil IU'lall, 209 OppposileWhilncy's Uotcl, Ccnlral Slrcct. IlI'.NItY IIATC1I, Onf tlnor south of Union Ilall,Ulm Strett, tin, coppr.n, an'd hiiket inox WOUKKll. TIIALES IJ. WhN'N, TAII.OIi, flimc door wilh A". Randall. MlCIIAKLi MVHKS, T A I I. O II. Over J. Collamcr's Offi.cc, Elm strrct, 11. W. SMITII, Tailor, ' JST.XT I)00 lllU.OW IIIMCK HTA(iF. I101IS1'.. Ludlow, VI. 21B AMOS W. lVAUItHN, nn.u.nniN iiooTs.Riionri ANin.nATiinii, All lirnla uf U'lilher lor snlo choai. AIo, ltoonanrt Skncs ol' cvw ilosoriilllon. irrl'iticr.s Thlfk llnom. SO,W--Ouir,oS!;ml,3:ncnts rewedktiulB lor 9 l.aml all nllier worl. In iiro.orilnu Ulvtiui. 8rni:r.T. - ely i). m. nr.wr.Y. Makcr oltho lmirnvcil llohari Woodcn Pnni. rrTlioaliovcrimipsarow.iiTanlfil toilrnw u lnrril n a ininnto with o.ise,uilo a li nuilrt-.l ftct. TTAllonlrralrom a ilUuiucr pruiiiptl) titlrtiilciHo. Randolph VI. ' 11 wnnw'nY's uotix, Cornerof Klm and Central slrccts, V S. AV 11 I T X KY, i:ac7li: tkmphkanch uousk, hyl. m. ivoon, south Binr. Tiir. park. sm ItltlOK STAtJK housi:, south s i n r. n i. A c k n i v r. n , nv JOIIN R. SMITII ludlow, vi . 1C1 tf ,. V. HYDE, n i: i o K sTAfii: no usn, Proctorsville Vt. 239 Cm IIKNRY 'J'. MAIISII, IIoiise ano Smos pmntkr, ai.so DiiAi.nu in cmuur.r.s anp Vahmhi or eveky niwnirTiox. i; i: n t u a i. n t n i: r. t . WITT .V SCOTT. l'ilnlcr,aiiilc!cali.'Mln;liuirHai)il (Jarri iscrnl'ntlklmlv CEvriiAi. sTnnuT. .IOSIIUA MITOIini.l., (' A R II I (J U A N 1) S I. I! 1 0 11 - M A K H R, IIIOII STtir.ET. 116 iM'.oitr:!-. IMSIH'.U. N inufacturtr uf ,ntnt itrnlrr in cnhintt furniturt ol tvtry tiricripiian. I'k-Mnaul rilrri't, 218 1)11. lt. II. IA I.M K U. Oillcclii tht' llnrk lllook ctpposltu Whitnej'6, rnTitAi. HIKKLT. S. J. AI,T,UV, .11. 1). rirYsici.uy axd hurgeom, Oniccnipnilo Vhllnu'n Iluti l. ADI.V II. 11 AMMOXI), TOMSOX1AV llOI'AN'Ii: l'RACTITIONnil, lli'lWL'un llic Jk'llioilbt uilJ Iliiisciipnl Cliurrlics. 23MI. i,ivr.itv staiim;, ii y a i. n i: n t v a u iv r. n . Courl strcet, COTjTjAMKK A- ltAUUKTT, Atlornoys and Counsellors a l L n w, Klm Slrcct. 1811 jAConCoi.t.AJir.ii. Jam r.s lUninvrr O. P.-rilA.VDI.KIl. Attornov aiul 0 o u n 9 el 1 o r a t L a v, 208 CrntralStreet, ri! i'i- v riiiWRflK. AllorneisandCounscllors at Law Oincooverlh(.'Hank.r,lni rflrppl, l. a. aiAiisir, ATTOHNnV AND COUNSF.M.OII AT I.AW Central slrrrt. i:ovi liuf cilTixso.N. ATTORNKY AN'O COUNSKI.I.OR AT LAW, WOODSTOCK, VT. vV.vsiimiiix & jTaIisii, ATTORNni'S l C O TI N rt I'. 1, 1. O U S AT I.AW, H'ooilorn; I'l J.rOfllccni llieroom l ilrl) orcnpli-tl in llic "Clay Cluli N'cwk Ilooni," I". T.WAiiinur.x,.l(is(tr in Chanccrit. V.V Marsii 23ill Nov.21. 1BII. OALVIN FUEXCII, Allorncy and Counscllor ut Law, PROCTORSVILLE, VT. 251 i. w. niciiAitnsoN. Jlllorncy and Counscllor at Law, WHSTON, vt. 231 FIU'.nr.RICK C. ROltllliNS, A T T o n ni: Y AT L A w : i.uni.ow, vt. 157-l.v iVARRI'.N' C. I'Rr.NCIf, A T T O K N H Y A T h A W, bHAROS,', vt. 235-ly UALjcicn&siiAin:, Alloincys and Counmllortut Luw, RovAisroii t"r . ij3.,r 11 ww.Kr.11, w. HI.ADR. "rTTof!. IIAllTl.r.T'fTirit.T" jttorne!,Counulloranil.1olkltorin Chaneenj, IT I.VNDIIS. v r. lTt1cnauhpSiiperlnr(.'oiirlln(Iiccoiinllei' ofrali'- mii n I'aiiV I irii'HIIK Iinil 1 11 li l i 1 1 ' IIUNTON & JONUS, M'TORNEVS AND COUNSr.LI.0nS AT LAW. Chchca, VI. 'A. IMIUN'TON, 203 1. C. JONKS. S. R.STRI'.mT.R, AUomcy and Counnllcr al Law, liARNAIin.VT. 115 J. U. IIAWKINS, Atlorncy and Counscllor al Law. Fni.CllVIM.E, VT 91 J. V. DKANK, Attorneyand Counscllor al Law, CAVENDISH, VT. 105 JAMl'.S M.fill.SON, ATTOKNKY AT LAAV, CHELSEA, VT. 210-Gm UI(JIIAlM)SOi& N1CIIOLSON, AllOrnevs,and Counscllor s at Law (.iii'icr,WliiiIori:onniy, vi. N RlCIIARIIIION. 8(1 A. A. NlCHOLSON SEWAM. l'UIXAM, ATTO R jX K Y A T LA W, LUDLOW, VT. 181-ly 11. 1:. STOIJCIITON, ATTOR A K Y A T L A II'. Chester, Vt. 219 SAMUKMM'RIOK, TToniv AJtncouNsELi. nn at law, AVlM)SOU,VT. 90 UT.ODOETT & WEYMOUTII, A T T O R A K Y S AT L A II', HKTIini., VT. , 25C 1). C.Dl.0DaCTT ! r. Vr.VM0t'TII MESSAGE. Fdlow Cltizcns of tht Saialc nml lhntst of j Itrprcsrntativr: Tlin guaiiliaiislii) of 1I10 inlorosts of tliis Coiiiinonu'cnllli, wliicli fnll williiu tlic province of its civil govornnient, lias hy tlio favor of Providonco, liccn committed to us; and wo como togothor for tlic )iir poso of iis cxocutinn. If wo would dis clmrgo, iuiho bcst munnor, tlio duiios it involvos, vc slull bcgin and ciid ovory tliing, witli a rccogniiion of our dcpond cnco upon Iliui "from whom all good cotinsols and nll jtist works pt'occcdj" wliilc Ilis cliiims upon our fidclity to llim solf, will bccomo 1111 over-prcscnt inccn siiive to fidclity iu tlio scrvico of tlic poo plovc rcprcsciit. Tlic ycnp wliicli u drawing towiirds a closc lins bccn oue of propcrity to our puoplo. Thougli thrcntcncd drouth 1ms rcpeatcdly fillcd tlicm witli approliension and alnrm, tlicy liavo finally bccn pcr mittcdo renp nn abundaut Imrvcst llius happily finding incrcascd inotivcs to grat itudc, in dclivcranccis from iinpcnding dangcr, rcndercd tlio tnorc itnprcssivc by strong contrast witli lcss favorcd por tions of our couiilry, A groat trust lins bccn committed to us, as tbe constitute gunrdiaus oftbe intcrcsts of tliis pcoplc. Jf, in tlic stniggles con ncctcd witli tlic oloction wliicli has sout us hcic, wo bavc sufi'ercd unwoilliy pns sions to gain an usceiidcncy, as tbcy too oftcn do i;i political contests, wo cannot comc licro and cntcr upon tlic sobcr work ofsurvcying our rcsponsibiliticH, witbout dismissing tbem all, laking cach otlicr by tlicliniid as fcllow-citi.cns and brcthrcn, and striving togcihcr for tlic faitli of our fatlicrs, and tlic furllicnincc oflhc grcat cnd for wliicli tlicy cstablisbcd tlicgovcrn nicnt wc liavo beon appointed to adminis tcr. llow shall wc bcst uccoinplisli tlicsc unds, witbin the brief spacc of our uniiual scssinn? is a picstion to wliicli you will allow mc bi'icdy to invilc-yoiir attciition. Tlic institiition of civil govcrnmciit is designcd to bccomc an nctivcly bcnificrnt agcncy. Tlic restraint of force is far from bcing ils only olijcct. Exccpting in govcnuncnts purcly arbitrary.law dorives itseiiergy from a lorcc cxtcrancous to itsclf the forcc of a dccp and abiding scnlimcnt of voncratinn for law a lovc of ordcr liabitual Eclf-i'cstraint clcva tion and puiity of inoral fecliug, and in vtclli'cncc to guido it wisoly in tlic coni plicatcd afl'airs of buman lifo. Civil govcrntncnl, tbcn accomplislics its objcct, nnt wbcn it punishcs criinc but wlicn it prcvcnts its commissioii, not by prmidiug jails and pcnctcntiarics, but by prcrcnting tlic ncccssity oftlicir c.vistenco by training llic pcoplc, as far as law cau propcWy intcrposo its powcr, to intclli gencc and llic lovc of viitup. Tlic fatli crs o( our Statc lelt tbis, when vvitb char actcrcstic wisdom, tbcy dcclared in tbc constitiitii)ii, tbat "laws for llic cncoui'- agomcnt of vii tiie and tlic prcvcnt.i tion of vicc and iininoralily ouglit to be constaut ly kcpt in forcc and duly cxccutcd; and a compctcnt nuinbcr of scliools ouglit to bo maintained iu cach town, for tlic convon icnt instruction of youth, and otio ormorc grammar scliools bc incorporatcd and propcrly suppoi tud in cach county in tlic Statc." Tlius wlicn tbc ciii'.ouragcmcnt of virtuc, tbc siipprcssion of vicc, and the maintcnanco of schouls, dccmcd so vital to thu wclfarc of tlio Statc, as to dcmand for tlicm a spccial provision in its organic law. So largc a portion of iny first annual mcssagc to tbc Gcncral Asscinbly was dcvoted to thc subject of edticatiun, tliat I dceni it ncccssary to do little morc, now tha.ii to rcfcr you, as I most rcspcclfnlly do, to tbat mcssagc for my vicw iu rcgard o it. I 'iM,n ,:,'f!S0iit hns bccn trulv dciiominnt- cd an ii-'c ol prog.''s. Tlic liumaii mind is vigorously fcklng, 'r'-ying out to praclical rcsults, thc niJ.'nci'tous 'rutlis wbich rcspccts tbc rclations ot inP ' cach otlicr. and tbc anpropriato mcans of accomplishing tbc purposcs of lninian so cicty and govcrnnicnt. At tlio fouudation of tliis vast movcmcnt lics thc grcat work of Education thc work of dovclopiii'', and giving a riglit dircctinn to mcntal and moral 1 powcr. And ifhuman govcrnincnt is to bc rcj;ardcd as au institiition dcsicn- cd to pcrfcct thc purposcs of socicty, nmi improvc thc conditiun of man upon cartb, it nccds no laborcd argumcnt to show, that education, thus dcfincd, is ainong thc highcst dutics of thoso cntrustod witli ad- iniuistration. Nor should it bc forgotten that thcrc arc riglits corrclalivc to this duty. Kvcry child in tlio Stato has a riglit to bc cducti- tcd a riglit as csscntially rcciprocal to thc claims of thc Siato to allegianco, as is tlio riglit to protoction. Thc qucstioii whctlicr tlio childrcn of a Statc shall bc cducatcd, is 110 morc a question of moro oxpcdioncy, tlianistho question whctlicr THURSDAY EVENING, OCTOBEIl 23, 1845. forcing r.ggrussion, and domostic vio lcncc. Indcod, protoction from tlic efticts ot ignoranco and vicc is, itsclf, protcction, iu tho higliostscnsc, from nll thc daiijjcrs wliicli can nriso witliin tbc limits of u Statc. Would wo liavo obcdicnco to law? Lct tho childrcn bc Icarncd, in tho com mon school as woll as thc domcstic fn o- sido, tho duty of self conlrol, and of rov eronco lor tho law of etcrnal rectilutc writtcn in thc word ofGod; whilo thc dc vclopmcnt, in just and liarinonious pio portions, of thcir wholc niiud, shall givo tlicm at onco, a conscious scnsc of tho worth of mind, and nn intclligcnt convic tion of tlic grcat purposcs it iu fittcd to ac Romplish. All tho childrcn in Vermont cspccial ly tho childrcn of tho poor stand in tho atlitudc of just clainitints, iu respcct to education, upon thc foslcring bounty, and guardian carc of tho Statc. And what lias Vermoni dono to salisfy tliis claim? Wo bavc, iudccd, dcclarcd, by law, that "cach organizcd town shall kccp and sup port 0110 or mcio scbooU, providcd wilh compctent tcachcrs;"that tho towns shall bc dividcd into school dibtricts; that ccr- tain district oflicers shall bo appointed; that taxcs shall bc assesscd and collectcd to build school houscsand support scliools and that, to thc incomc nrising from tlicsc taxcs therc shall bc addcd.for thc current usc of scliools, thc annually accruing in lci cst of thc surplus rcvcnuc of thc Uni tcd Statcs, dcpositcd witli tliis Stato. And hcrc, withthc cxccplion ofmaking )i-ovis-ion for ccrlain rcturns of school stntistics, wc bavc lefl thc mattcr.Ifschoul houscs arc built, wc liavo takcn no carc whatevcr for thcir propcr location or construclion; and iftcachers aro cmployed, wc liavo donc uothing 111 rcgard to thc all-impoilant mattcr of thcir iiualilications, asido from thc barroii cnncimcul that tbcy slhdl bc "compctent." What shall constitute eompetcncy, or shall judgo oi'it, arc mat ters ontirely ovcilookcd iu our Icgislalion. Thc rcsultis, an admittcd itnd lumentablc dcficipiicy in thc qualifications of tcach crs; grcat and manifost dcfects in tho modcs of instruction, and confusiou, anc' irant of uniforinity in rcgaid to books uscd for that purposc; whilc a largc pro poi tion of our school houscs arc localcd in liigltwnys, wilh little rogird to comfort or fitncss in thcir intcrnal structurc, and as little to tastc and bcauty, and convcnicn cc iu the grouuds conncctcd witli llieni; if, iudccd, uny grounds but thoso of high ways arc thus conncctcd. And yct what an amount of money is annually cxpendcd for thc uso of scliools. To say nothing of thc ainotiut cxpendcd in thc conslruction of school houscs of wliicli wc bavc no mcaus of forming an cstiinatc lct us look at thc expcnditurc for lcucliing. From tbc statistics rcturnod to ir.o Iiift yo.ir, from l.'iO of thc 240 towns iu thc Statc, I drcw tho conclusion in iny rc port to llio Gcncral Asscmbly, that thcro was paid to teachcrs of stlcct scliools ? 120,000 annually. No 0110 can sobcrly cousider this subject, witbout fccling jtain fully imprcsscd wilh a conviciion of thc utlcr wastc ofavcry grcat portion of this largc sum. It is not cxtravngant to say, that its powcr for gond inight liavo bccn uoublc, and moro llian doublcd, il'it had bccn cxpendcd under a systcm of supcr vision wliicli should bavc carried into thc scliools, tcaclters fully compctent, and modcs of instruction founded upon thc truc philosnphy of mind, and a practiclc acquaiutnncc withthc mcans bcst adaptcd to its truc and propcr education. Wc do not so mucli nccd, at thc prcsent inomcnt, additional pecuniary mcans, as wc do a systcm ad.iptcdto givo grcatc: cfiicacy to those alrcady poscsscd, a systcm wliicli shall givo n riglit dircction to cfTort, and makc it cn'cctual to to thc propcr educa tion of thc childrcn of thc Statc. Tlic wholc, so far as thc aid of Icgislalion may bc properly iuvoked, is comprehend cd in tho prcgnant words isupcri'isinn Ilcspansibililij. We liavo, now, noihing that dcscrvcs thc namc of oiilicr. Wc bavc providbdi indccd, for thc organization of districts, and tho priiploymcnt oftcachcrs by thi'ir prudcnlial commillu03, who arc authorized and rcquircd to "adopt mcas ures for thc xnspcction, cxaininntion, and rcgulation, of tlio scliools, and thc im provcmcnt of thc scholars in lcarning." Hut cxpcricnce has shown, abuntantly, that all this is unavailiug to the purposc of socuring a propcr cxamination, or, in dccd, nny cxamination, of tcachors, or a propcr supcrvision ot tlic scliools, or to a- wnken that intcrcst 111 thcir improvcment, among parcnts, and thoughotit thc com- mutr.ty, wbich is as inuispcnsable to thcir vinorous hcnlth and prospcrity, as a puro und bracing atmospherc is to tho support of liuman lifc. Wo want 11 sysstcm of supcrvision wbich shall mako tho powcr of bcnificeut Icgis lalion felt, tho' competcnt and discrcel n gcncics, in cvory district, and by cvcry child, in tho Stato. Shall- wc havc it?--1 That is llic qjeslion; und it presscs upon us moro iirgcnlly than any otlicr question withiu tho rangc of lcgislalivo duiics. Wo cannot avoid its coiisidoration. Thc Slutcs nround us aro moving onward in tho work ofiinprovcincnl; and so urgcnl huvc beon coiisidoi'cd tho claims ol com mon Sihouls upon lcgislntive patrouago, miinifesl tho dofects ofold sysloms of supcrvision and instruction, and so coni 111011 and univorsal llic boncfits to bc dc rivcd Iroin improvomenls iu liolh.tliat par ty spii'it'has stood silcut iu presciico of this grcat question, and nll clnsscs, and ul partics, Iiavc madu commnn causo in thc noblc work of cducational iinprovcnicnt. Thc cxpcusc of carrying into cfTcct a systcm of adcqnalo supcrvision necd not hc grcat, uliilc its bcncfits uill bc inapprc ciablo, Ddlars nnd ccnts cannot nicas urc thcir valuo. We rcadily mako in vestinenls in railroatls, wbich promisc a rclurn of pecuniary profit; but what aro such iuvcatuicnts, in comparison witli thosc iiliicli, iu tlio proccss of educating a coiniiiunity to virtue and intclligcnco, infusc into it thc grcat and indispcnsablo elcmenis of solid and cndiiriiig proqicr ity. I eommcud this wholc subject to your caruest considcralion, iindcra full persiin siou that an awakcncd and grcatly advanc cd public seniiincni will rcspond a hcarly approval to your favorable aclion on it. I crinnot leavc llic subject of common scliools, wilhout devuting a few momcnts uttcntion to what is denominatcd "the School Fund." Tho fuunilation of this fund was laid in 1325, when thc Gcncral Assembly passcd an act scqucsleriiig nnd granting to thc rcspcclivc towns in the State, for llic boncfil of coininon scliools, tlic tivails, accriicil, aud tliercallcr to accruc, to llic Slatc, frHin tlio Vermont Siatc liank, nnd also tho animint of Statc fiinds accruing from tlio six pcr ccut 011 tlic nott profits of tlic banks, rcceivcd and lobc reccivcd from liccnscs to pcdlara. It was providcd that said funds, witli thc an nuallv accruing inti.'rcsl, should bc "in- vcstcd in approvcd bank btocks, or othor productivc sccuritics,1' and should not he nppropriated to thc usc of scliools, uutil .1 .iii mc airioiitu tnouiii lncrcaso to a sum, wliosc annnal intcrcst sboulil be adcquatc to dcfray thc expcnsos ofkecpino; a gotid frcc coininon school, iu cach dittrict iu iho Stato, for thc period oftwo inonths. Thc Slatc Trcasurcr was constifutcil cnmniissioner for thc nianagcment of the fund; who thcrcupon procecdcd to invcst tho samc, bv loaus, for tlio purposc con- tcinplatcd 111 thc act. By an act passed iu thoycfir fur thor loaus from thc fund wcrc prohibitcd, aud llic Trcasurcr was dircctcd to dcpos it thc samc in thc trcasury, us it should be I'CCcivi'd, anil li lioop nn nccntiul llicro- of, nnd annually cliargc thc Statc witli the intcrcst 011 tho moncy llius dcpositcd wbich, it was dcclarcd, "shall bc consid crcd as borrowcd from thc fund;" aud thc Trcasurcr was "authorized and dircctcd to pay oul sa'u! mnncy 011 any approprin tions authorized by law." Undcr tlio operalion of this act, and principsilly in conncctioii wilh tho c.vpcnd ituro of $1 17,000,'for tlic ercction of the Siato IIouso, tlic Siate, from timc totimc, has bccomc indcblcd to this fund, until tlic iudcblediioss now amouiils, iucluding llic accutniilations of intcrcst, to tlic sum of S221,3'Q)50, wlulc thcrc i-s duc to it from individuals, llic sum of $10,590 91; making an aggrcgatc of $231,900 M. Tlic cxpedicncy of continiiing this fund has long bccn quostioned. Upon full con sidcralion, I deeni it my duty to bring thc subject to )onr noticc, nml to submit thc question, whelhcr nny prcsent or prospcct ivc intcrcst of the pcoplc requircs that it bc coniinucd. Thc first question to bc considcrcd is, when will thc fund bccomc avnilablc for the usc of scliools; thal is, whtn will thc anr.uully accruing inlcrcstbo adcqualo to dcfray thc cxpcnscs ol kecping n good frce common school, in cach district in the State, for thc period oftwo inonths. Tho iHiinbcr of school districts iu thc 3 10 towns in thc Statc taking thc rcturns oflast year from 150 towns, wbich gavc 1 009 districts, as thc basisof calculalion may bc estimalcd at 2730. If it be as sumcd.for thc purposc of thc calculalion, that, by thc timc tho fund will bccomc a vailable, thc nuuibcr of llio districts will bavc incrcased ten pcr ccnt 011 tlic prcsent number which may bc rcgnrdcil as not an improbable incrcaso witliin tliirty-thrce ,.Rars wc shall havc 110(10 districts to be provided, from tlic avnls oflhc ftind, with a good school, two inonths in cach ycar. Eslimnling tlm cxpcusc of kecping such school two inonths, in thc thcn advanccd stagc of cducational iinprovcnicnt, nt $10, therc would bc rcquircd the sum ol $120, 000, ns tho accruing intcrcst of tho fund, to rendcr it advailablc; wbich is thcintcr cst of thc fund, to rendcr it availaulc wbich is thc infcrcst, at sic pcr ccnt 011 2,- 1 000.000 Thc question now ariscs witbin whiit liinc will thc fnud probably ncciimulatu to $2,00,000? Ils prcsent amount is $2:11,91)0 .11 the annual intcrcst 011 wliicli, at six pcr ccnt, is $ I '1,091 02. -The avcragc auiitiiil income from thc uh pcr ccnt of ihe bnnk profits, for tho last six ycars, has beon $11,009 80; and from pcdlar's liccnscs $1,210 .'52; aniouiiling to $'1,8IG!13; wbich mny bc assnmcd ns the annual ndditiou to thc lund, licrcafter,from thesc soiirccs. Thu avails of thc Vermont Stato Hank have ucnily ceascd to ndd anythingto to tho fund, and should not bc mndo thc basis of any calculalion for thc futurc. Wc havc ihcn, the eh'monls of tho cal- culation, nainely, llic prcsent amount of tho fund, thc inleicst thcrcoii for onc year, and llic probablc annual incomc from thc bank tax and pcdlar's liccnscs. Thc pro ccss of uccumulalioii by annunlly com poundiug thc intcrcst, nccordiug to thc act consiituiing thc fund, will produce $2,000,357 7!) 011 the first of Jnnuary. 1S7S; so that the childrcn who shull bc in lifo in that ycar, will reap thc first fruits ofiho fund, if it shall bc so long contiu ued. This assumcs howcvcr, the doubiful posiiion, that six pcr ccnt intcrcst may be rcali.cd througliout the enliru iiitci-vening period aUhirlij ttco ycars and thrcc monlhs, and inakcs no nllownnco for lossc?, ar.d llic cxpcusc of umiinging tho fuud. Tho grcat (piestion is now prcscntcd whai, in rcferencc to tliis fund, isour du ty to thc gcneration of 1(178? Adinitting, ofcourse, that it is our duty to labor for tlic bcncfit of that gcneration, thc question is will that gcncrtuioii bc rearly 6cuefitcd by a continuancc of ihe fund? Ifwo could scnd it furwnrdto tlicm, really invcsted 111 "approvcd bmik stocks, or otlicr jiroditct- Ivc sccuritics," according to thc law of 1S25, tbcy inighl, pcrhaps, bc bcnelitcd; thougli ihe cxpedicncy of accumulaling school funils,so large, as to havc thc ctfect of relaviug pcrsonal efl'orts, bcgins to be qucsiioned, llnt so far as wc scnd tlicm a fund culircly uuprodiiclivc, alund which wlicn it rcaclics tlicm , will cousist mcrely iu thcir indcbtcdncss to thcmselves. If wc would mako it ollicrwise, wc inust tax thc pcoplc of this gcneration to an amount sullicicnt tocxtinguisli the indebtcdness of uf tho State to llio fuud; and having thus drawn thc amount from thc pockcts of the pcoplc invcst it in "productivc sccuritics," nnd, in that condiiion, scnd it forward 10 tho gcneration of 1878. 15 ut who is t;re pared to do ihi-,? Who will vote for such .1 tax? None, it may be confidcntly af firmed. Nor, it may bc afiirined witli c qual confidcnco, will our siicccssor bc willing to do it, five, ten, twcnty, or thir- tv vcar hcnce, when the iiulcbtcdiiess of the Stalc shall, by the compoiiudiiig of intcrcst, Imvo bccotnc greally incrcased. Ofwlial beucfit, tlien, will the fund bc to tbem, uulcss it cau, by soiuc fiscal magic, bc tnado spoutancously to yield tlic intcr cst, and pour it into thc Ircasurics of thc towns for thc usc of scliools! Thc uliole operalion, so far ns it pro poses to benpfit the gcneration of 1870, is a delusion. It is the pcoplc borrowing of thcmselves, nnd adding the anninl inicrcst to thc debt against thcmselves, aud scnd iug this accumulatcd iiidebtednes forward to bccomc thc iiidebtcdness of a gcneration thiity threeycars hcncc, for the purposc of bciiefiting ihat gcneration. The truth is, that, iiU"tc,'id of sending thcin a bcncfit wc shall scnd tlicm a luirdcn, which, if wisc, tbcy will, by abolishing thc lund, shakc otl nainely, thc burdcn, if tbcy would carry the act, constiliiting tho fund, into elTcct ofraising thc intcrcst 011 it by dircct taxation, to bo paid into thc Slatc Trcasury, miniis tbc expcnsc of collcction, for thc purposc of being- scnt by the com missioner oflhc fund back to thc pcoplc, to bc cxnended for thc usc of scliools. It will not ,bc very unuaiural for Ihctax-pay ers ofthat d,iy to enquire, why they should support thcir scliools by such a complicatcd aud cxpcnsivc proccss, rathor than by thc simplc and chcaper one of taxiug llieni selvcs for llic purpose, in thcir rcspcctive towns or districts. If futurc geiicrations would not bc bcn- fitted by this fuud, neilhcr will llic prcsent. I'his is self-cvident. Why, then.coiitiiiuc ill In those rcinarks I nni undcrstood, of coursc, to havc spoken of ihat part of thc fund which consists oflhc indebtcdness of thc State, nmoiintiiig at this timc, to thc sumnl$221,309r)0. An act to anuul this indebtcdness, would lcivo to bc dis- poscdof, tho sum of $10,590 9 1, invcsted in iudividual sccuritics, bcaring intcrcst. None would ihink of sulfti-ing this sum to accuinulato, cvcn with thc addilion of thc six pcr ccnt 011 bank profits, aud thc in comc from pcdlara liccnscs, with a vicw of ninking thcm availnblo for scliools, un dcr tho nct of IS25. Thc dcniaiid for funds lo aid in putthg in opcratinns systcm of common school iinprovcnicnt, such as thc slatc nccds, nnd public sonlimciit cvidcntly dcmand.1', sug ( Vol. VIo. asi. I J'ricc $1,50 In AUvuncc, gcsts thc direction which miht bc givcn to a purt, or nll of ihns sourccs of incomc, when rclcnsed from thcir present conncc tioii. It is bclicved that the annually ac cruing inicrcst on that portion of thc prcs ent Bchool fund, loaucd on privaic sccuri tics, togothcr with lhc annual incomc from pcdlar's liccnscs would bo sufiicicnt for ihat purposc. Wo may thus iustituic a systcm of Supcrvcrsion and Accountn bility, which shall givc couccntratioii and cucrgy to the prcsent eflortsto raiso the slandard, nnd multiply the facilitics of ed ucntion until thc miuds of thc mass of our childrcn tho liappy mingling oftbe poor ?nd thcrich togcther shall fecl its cqual izing and elcvatiug powcr. Thus, wlulc confcning subslanlial bcncfits on the ncs cnt gcneration, we mny scnd forward an influcncc, which shall llow 011, iu a conlin ually wideiiiug stream of bcucflts and blcssiugs to thc gcnciniions that shall suc cced us to thc cnd of timc. Should it bc found that 110 intcrcst of of the prcsent or of fulutc gentrations, can bc bcnclittcd by a continuancc of ihe Statc indebtcdness to the fund of which 1 havc spnken, nnd thc indebtcdness should bo canccllcd, the State dcbt would thcn stand as foilows: Duc tho safety fund banks, iticludiug in tcrcst toOct. 1. $30,359 8 Duc thc surplua fund, M.8I2 26- Dcduct the a mnunt loaucd out the past year, 11,00-100 3,808 26 1,108 33 111 30 $35,750 7S Salarics duc, Oct. 1, Duc towns lor inlciest on surplus fund, Total, Thu Halancc iu the Trcasu ry 011 the 13th of Scp tcmbpr, was, Halancc of taxcs duc, $18,.118 97 23,232 50 $11,050 47 Total, To what cxtcnt scrvicc oftho coming ycar a portion of which ncccssarily con stitutcsa draft on the prcsent balanccs in lhc trcasury nnd 011 taxcs will permit thc application ofa part of those balances towards the extinguisliinent of thc indebt cdness of thc Statc, may be dctcrmined upon thc cnreful cxamination which ouglit to bc madc into cvcry branch of cxpcndia turc, with a icw to asccrtaiu whctlicr Ihcre can bc any rcduction, consistcntly with thc public intcrcst. In looking at thc cxpcndiatures of past ycars, I havc bcen stiuek with thc largc amount dis burscd undcr thc hcads of "Siipremc nnd Couuty Couit ordcrs," and "Clcrks of Counls far thc cxpcnscs of Suprcme and County Courts;" which havc riscn from $20,405, in 1839, to $28,970, in 18 15. Thc amount disburscd undcr those heads dtiring tho last scvcn ycars, has been $181,300, avcraging $2C,320 pcr annum.' I would suggest tho propricty of an ex pcnditurc in rcgard to which it may pos- sibly bc found that, iu a course of years, abuscs have crrpt in, rcquiring concc livc Icsislntion. Tho trcasury is happily relivcd from a cliange which, formai.y years, hung upon it, in thc form of'military orders," which for lhc fivo ycars, previous to, and iuclud ing thc year 18-13, wlicn they ceassd to bc a drnft on the trcasury, amountcd to tbo sum of $18,501. 1 nni happy to say, that by ,1 law of last ycar, the pcoplc arc rc lievcd from tho still moro burdcnsometnx of annual trainings of cnrolled militia. It mny bo rcasonably hopcd that, by n practicablc, and not injurious rcduction of of cxpcndilurcs, particularly in the heavy 1 tcms to which I havc refcrred, a sum msy bc saved which, with a fixcd appropriatior of tlic iucomo from thc bank tax rclicvcd from its prescnl plcdge to the school fund inight, withiu a mudcratc period, cx liuguish ihe cutirc indeblcdncs of thc Stato. The rcfeience I have madc to the ilcins of expcnditurc in connrction with thc su prcnic and county coiiris a large portion of which rcsults from criminal prosccutions suggcsts a lopic of much intcrcst, to which I would call your attcntion. Thc grcat purposc of criminal law is rclormnliou This purposc lics at thc fouudation of lhc PcniteiUiary systcm, which combincs with imprisonincnt, hard labor, and n coursc of inoral disciplinc suitcd to bring back ollendcrs to the paths orrcclitudcand virtuc. Ilut this syKtem is applicahlc, undcr our laws, only 10 thct hhdicr ofi'enccs, lcaviug a laigc class of ollcnilers wiihout tlic bcncfit of nny aucli rcfoniiing proccss, and substituting forit, confincnient in lhc county jails in somc cascs, wilh tho altcrualivc of the paymcut of finos into the county or town trcasuries, for non-payincni of w hich, iuiprisonment nccesarily foilows. Whctlicr confiiicmcnt in thc county jails is infliclcd as a punislinirntl or rcsults from inability to pay fincs, it obviousljr has an cll'ect cntirely the rovcr.c of rcfouna tho pcoplo huvc a nght to protoction from