106 The Financial History of Connecticut. 



five dollars for the year ending in 1854, For the remainder of the 

 period the average annual expense for supervision was thirty-six 

 hundred sixty-seven dollars with very little fluctuation from this 

 amount. The total expense of the public schools, including the 

 expense incurred in the aid of school libraries, for the entire period 

 was forty-six thousand seven hundred seven dollars. This does 

 not include the school fund, which is treated separately. 



In 1849 the assembly passed an act establishing a state normal 

 school. 1 As a condition of incorporation, ^ the state imposed upon 

 the State Bank at Hartford a bonus of ten thousand 

 Schoc)'l dollars, which was appropriated for the support of the 

 normal school. This bonus of ten thousand dollars 

 was to constitute a fund from which the trustees of the school were 

 to be paid annually twenty-five hundred dollars, plus accrued in- 

 terest, for four years.^ The Deep River Bank at Saybrook, also 

 chartered in 1849, was directed to pay a bonus of one thousand 

 dollars to this fund.^ In 1851 the Farmers' Bank at Bridgeport 

 was allowed to increase its capital on condition that it pay a bonus 

 of fifteen hundred dollars, of which five hundred was to be paid to 

 the normal school.^ In 1853 the legislature voted an annual appro- 

 priation of four thousand dollars a year for a term of five years" ; 

 in 1858 a grant of forty-four hundred dollars was made'' and five 

 thousand dollars was appropriated for each of the next two years. 

 All of these grants were for running expenses. In addition to these 

 sums, the state appropriated a thousand dollars in the year 1855 

 and again in 1856 and twenty-seven hundred fifty dollars in 1858. 

 These amounts were expended on the building, apparatus, heating 

 plant, and repairs. The entire amount appropriated from the state 

 treasury for the school from the time of its establishment in 1849 

 until the close of the period was thirty-five thousand one hundred 

 fifty dollars plus eleven thousand five hundred dollars bank bonuses 

 and nine hundred fifty-eight dollars interest, making a total of 

 forty-seven thousand six hundred eight dollars. In this connection 

 it is fitting to mention a bonus of four thousand dollars which the 

 City Bank of Hartford was directed to pay to the New Britain 



1 Public Acts, 1849, chap. 23, sec. 1. 



2 Private Acts, 1849, p. 4. 



3 Public Acts, 1849, chap. 23, sec. 7. 

 * Private Laws, vol. iii, p. 66. 



s Private Acts, 1851, p. 58. 

 « Private Acts, 1853, p. 197. 

 ' Private Acts, 1858, p. 107. 



