OCR Text |
Show New Jersey' School Fond. New Jersey has a school fund of $4,000,000, aud does not know what to do with it It can not be used foir anything but the public schools, and not very much of it is allowed to go there, only a part of the annual income being available, avail-able, so jealously has the state constitution constitu-tion guarded its sacredness. Meautime, it is piling up every year, and the commissioners com-missioners are at their wite' end to find an investment for it. The original idea was to have a fund large enough to entirely en-tirely support the public schools throughout through-out the state,' but that, it is said, would take $70,000,000; and, besides, it is generally gen-erally believed that it is better for the school system to have the local schools directly "provided for by local taxes. People take more interest in something they have to pay for. Exchange. |