570 



NoUTII CAROLINA. 



c. II. Mebane; Commissi 8, I 



rson, sucoeeded in April 

 I^abor Commission- Hamrick; 



succeeded 



|>. 11 .lu-ticv of the Supreme 



\\. i th. Republican; A- 



,-hvsnnd |. i;, publican. 



Walter Clark. Uein.-rat. and \V. A. M..ntc< 

 Populist : Clerk 



i,,. receii <->-*96 were $1,- 



4MJ8&59: th. * - 



a interest-bearing bonded debt of the State 

 .-... n ; . . o Lidated bonds, 

 |fjMjfrn. O-per-cvnt North ulroad 



onstru. -i i. .n U.n.ls. $2.730,000; total. $6.086.250. 



annual income to the State from it- -lock in 

 id C-.mpany ha- heeii. un- 

 1 leade, $180,012; is to be f.. ; 



:o he for ninety-four 

 year*, under new lease, $',' KM in. 



I'nder the act to "compromise, commute, and 

 Settle the State debt/' * .-enl. 



bonds have been i-ued in . : or the old valid 



he work begun in this line will 

 require $'J to carry the new dcht to its 



st possible limit, $3,61.~>.77<i. The time in which 

 may be done expires Jan. 1, 1899. 

 The state holds, as an in vestment, 80,008 sii 



k iii the North Carolina Railroad Company. 

 12.666 in the Atlantic- and North Carolina Railroad 

 Company, and $136.750 in the new 4-per-cent. con- 

 oikbtM I* 



The State Board of Kdueation holds, as an it 

 ment. $14:U'.'>o ,.f the 4-|M-r-cent. and $2,0(X) of the 

 6-per-cent. bon 



In January the United States Supreme Court af- 

 firmed the opinion of the Supreme. Court of North 

 Carolina in the cases of Balt/er >:<. the State and 

 Baltzer and Taaks w. the State. The fir-t involved 

 the validity of the con-titutional amendment of 

 1880. which prohibited the (ieneral Assembly from 

 paying or assuming anv of the State bonds oom- 

 monly known as special-tax bonds, of which there 

 are about $12.000.000 out - other case 



involved a claim of $21)7.000 aain-t the State ;,,, w - 

 . of the dealing between the State and tin- 

 am Railroad Company, when the State issued 

 $2.000.000 of its bonds in exchange for mortgage 

 bonds of the railroad. The decision of the lnitd 

 States Supreme Court was in favor of the State in 

 h 



There were this year on the pension list 5,273 

 names and $102,000 in the fund. 



The appropriat! it- for 1897 and 1898 for - 



;-titution for the Deaf. Dumb. 

 and Blind. $137.500: S-1,,,,1 f,, r rf all ,i 



Dumb, at Moreanton, $90,000; Normal and Indus- 

 trial School, $50,000 . univer-itv, $.V).(>" 



...-,.;,, 



OOO; Central Uospital, $1K.'. : 11-,-pital for 



Colored, $80,000; Agricultural Collet:,, for Colored. 

 tt&M)0: normal and trar -Is for co]. 



$86,000; Department for Criminal [nttDe, 96^000 ; 

 orphan asylum for white. ^>0.(KK> ; for colored, $,- 

 000: totaX$186 



E4nration.-The sch1 population is 634.185. 

 An apportionment of 9 cents ;- was made 



in September from the school fund. The average 



v>rth Carolina and of other 

 'tan a third of our people o\, 

 years of age can not read, of the white people, i 



ites ami Ti-rrit..ri->. 



.Carolina ha- the -horte-t school term. 

 teaohers least, expend- fr earh child at -< 1 ..... 1 !-.- 

 than all Imt one (S..ut h Can-i the liu'hte-t 



i tax of ail l.ut MX. the nm-t illiterate popula- 



tion of all l>Ut -l\. the Ilio-t illiterate uinle people 

 Of all except the Territ. ; 



The Normal College graduated '-':! \mii; la 

 in May. 'i (DOTS than 400 students, 



The one hundred .-n . ..mmencemei, 



- of the a at Chapel Hill. \M re held 



.June 'J. and -1'J were graduated. (>n the opening 

 day in Sept-mler 40." \\, 



graduate ( oiir-es were opened this year t<> \\.mi n. 

 An alumni hall i- to he I. ml: at a COSl ol 

 The enrollment at the Agricultural I 



:idin.u r in .June was 2-17. of whom 'Jl 

 in the gradual in^ class. 



re-t College had a re^'i-t rat ion. >,-pt. l."i, 

 ..f 'J<i7. 



I'l.c Penitentiary. There 



convicts, ino.-t of whom are kept at work mi the 

 farms and railroad-. In < >< loin t i : )mt66 



in the pri-in. exclu-ive of the criminal in-aip . In 

 .jiieuee of had husiiicss management, -lack ili>- 

 riplim-. and a scandal in the depart im-nt for the 

 criminal insane, the directors in <' k the 



control from the superintendent and pi\- it 



.: i\e committee of 1 1. 



Hank-. kflOOrding tO a statement hy the Tl 

 ury Depart ment in < ctoher. t i. '.' ! hank- in 



ilie State with total resource- amounting t" 



There are 'J7 national liank- in the 

 with resoun-e- amount in;,- t. sin. : 

 lie hank- with $<J.477.o:iI..|."i ; 111 private hanks 

 with $!.>- ring Lank- with Jfei 



in 1896 was 204.20:', f n .\ 

 townships not already levyintr a tax for 



schools voted on the r|ti<Mi., n f taxing thernwlves 

 $500 for the purpose, and nearly all voted apain-t 

 the tax. By an aot of tho Le-jslaturr- th.- 

 board is to pay $500 



the $500 by tax, A paner rad at the r,,iv. 

 Summer School made the following comparison of 



The amount of loan- and di-enunt- in t! 

 hank-.Iuh iras xrj.'.trj. ;;:,.:; i ; overdrafts, 



$181,535.47: t'nite.l States hond-. | 

 honds, ^M.!trJ..")0 : premium on hoi 

 stocks, securities, etc., *i- hanking I 



furniture, etc., $->7. 'her real estate and 



m.rt^ai;es owned, $269,016.20; L r "ld coin and cer- 

 tificate-. s"ill.ss'j.{i7; silver coin and certili 

 $306,788.70; all other curivn. } lieckl 



and other ca-h. items. *i;; iue from 1 



anil hankers, s UJ; due fn-m the Tinted 



States Tiva-urv. ^{-V^l.21 : current expenses, $38,- 

 986.90. 



The Fir-t National Bank of A-heville failed July 

 ol. In Octoln-r the president, the -a-hier. and >ne 

 f the. directors were arre-ted. charged with en 

 /.lement and conspiracy. Tin U 

 Bank, of A-hcville. failed - ' ional 



I'.ank. <.f the -ame place. Oct. 



The Bank of Loiii-hur^h and the Bank of \ 

 villi-. : .nk- under the -ame management. 



closed Oct. 19. The pre-ident was arrested ii 

 vemher. j-hartred with renderii. MH nt 



of the condition of the hanks, and also oht., 

 deposits hy falsely represent ing his banks to be 

 solvent. 



The Kailro.id i om m i--ionei--. By a In 



ade the duty of the Governor t" -u-pend 

 from ofli.-. iroad Commissioner who -hall 



he the holder of "any stfK-k or bond of any ra 

 company, or he the 



company, or have any infcre-t in any way in 

 comoanV, or in case any one of them shall I 

 qualified t. act.* 1 In Angus! th.- (Jov.-rnor 

 m.ned two of the eommi ioners I. \V. \Vil-on an<l 



,,, \Vjison to appear In-fore him on or i 

 Sept. 1, and show cause why they should not be sus- 



