, 1842-12-03

oe euuced Or a resort to increased
taxation is inevitlble. It IS presumed
mat you will not long hesitate be-
tween The alternatives.
In view Of the great expense here
to'ore attending the military opera
lions OF the State, | cannot TOO strong.
y urge the propriety Ct regulating.
oy law. the compensation of every
oihcer hereafter engaged in active
service. The compensation provid-
ed by the laws and regulations of the
United States. and which we have
ADOPTED, Is, IN most instances, excess
i'ely eXiravagant and entirely dis
Proportloned TO the services required.
] respectfully suggest to the Cen
eral Assembly the Propriety ofadopt-
my a scale Of compensation to such
officers as may be called into actual
service hy The authorities Of the state,
ard 50 re"u'atinT'it, that there can a.
rise no misrepresentation as to the a
mount # pay and no difficulty in its
ultimate liquidation.
The financial condition ofihc State
will he communicated TO you by the
Auditor of public accounts. From
his report it will be seen that there
has been paid into the treasury, from
the ordinary sources Of evenu for
The two last fiscal years, exclusive to
the baOancc in the treasury, on the
40th OF September, 1910. the sum of
&266.5I9 81. and that the dishurse-
ments at the treasury for the same
period amount to the sum Of $685.
$50 Is. leaving Il balance in The rrea-
sury on the so Of Sept, 1912, of
S82.598 G5.
This excess over the balance in the
! treasury on The 3O,h Of Sept. 1910,
is produced. in part, by the collector
of t,.e county Of st. Louis depositing
month";, 'hc amount of revenue co!
!lecicd. iasr,. n cfreserving the whole
amount. as here, '!ore, until his annual
settlement on the Il. 1t Of December.
The bonds authorized TO he issued
by the act entitled An at 10 'sSi'e
State bonds Ia paw the Safe GH1t,'
approved February Is. 1871, were
disposed Of 4, par, after iIeing made
TO bear ten per cent. per aa9un'. HIS
was the lowest rate Of interest at
which lie bonds could lie sold.
The most oC these bonds. fayino
been sold in the CITY Of New YorI.
and for Them made there.
! the amount Of nrcmiuu uDop the ey-
chanrp, c9.9I9 CO. WAS nassed biz
the Bank of the State of Missouri to
the credit Of The State. and has boep
appIied 70 the poyment of the inter.
est u,on the bonds.
The seven per cent. honIs. issued
under the authority oftAe c suppIe
mentarv to the urey;opslv rec;ted act.
uara rurcb,seI Lv the contractors
nnop the Capjr,L, there Lei,r no orh.
er nersonS prooosiny 10 purchase
thcn,-
M, .aNy4,rt r-.,lrxol f.,r, .ha ella
'
oil the ten per cent. bonds mas herh
4 discussed IN the manner directed by
tho 40. ,~r.Lar;zipr thair i.sue evcan,
" .r
ID S't'"" - ~
OF the Payma>tcr General.
S~utfic,prt time having been allow
IT - 8 H. ..,,
ca '"i VIE t'' - lax r'"'PN VI"
gagged IN the S"FNICe 81 lhe Ntale. ana
ample opportunity afforded them TO
,. g. and ~raoaira ,bo;r ..v |
"FF't -. 80" t.: O.,
thought IL beSl iHai lle oI
RI those WHO had not applied should be
auI;tcd and Maid nj the Treasury. in
- go ,bo so-rc,r ,
sieau "i Contih'"hS 'no Se'''0o" vi q
SdI"Iltd "iiiCel Ioi 'pdt ~" f"se' J
accnrdincIv discontinued the services
Z. D.-,, Co,or.1 .pI r,,y
VI - "'" ~ y.
~ a4HH Z so ~ u nj l. nj THfTnfH1lTfT maj