School fund

Definition and stakes

| editor,  The New Northwest (1871)

“ That little Lock Bill effectually gobbled up the whole of that irreducible school fund. There are no means of knowing what amount could be realized from a judicious handling of the 500,000 acres; — probably $1,000,000, which, at 12 per cent. per annum, would yield $120,000, and, with the other funds, would give us a free school six months in a year. Whatever they are, are gone — all gone — not even so much as the baseless fabric of a vision left to the children of the State to compensate them for the loss of that rich endowment. ”
Source: Wikisource

Portrait of Melville Fuller Melville Fuller,  United States v. Old Settlers…

“ The sum of one hundred and fifty thousand dollars, in addition to the present school fund of the nation, shall constitute a permanent school fund, the interest of which shall be applied annually by the council of the nation for the support of common schools, and such a literary institution of a higher order as may be established in the Indian country. ”
Source: Wikisource

Ira Mayhew,  Popular Education

“ But if the citizens of any state can not be brought to realize the importance of maintaining an elevated standard of common school education, and of rendering its blessings universal, without defraying the whole expense by a direct tax, then will a school fund prove to them a curse, and not a blessing. ”
Source: Gutenberg

Get perspective with Kwize: daily news enlightened by great literature