Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1845-12-11


Oct. 3lst 1915, inclusive, 81, 132, ALB rs
Balance on hand Nov. lst, 1874, S7l,746 Al
81, 5O4, 100 20
The expenditures have been, on the
various accounts set forth, s744, $50 80
This leaves balance in the Treasury,
on the 1st day of November, 1916.
provided all warrants issued prior
to that date had been paid, of $3.50, III 40
There are however outstanding war
rants to the amount of Io,951 90
True amount in the Treasury at the
close of the fiscal year, ending Oct.
81, 1916, STOLE 40
The Auditor remarks, that in reference to this
balsnce-which standing unexplained would indicate
a high degree of financial prosperity -the remark
made in the last annual report from this Office may
here be repeated It consists almost wholly of cur
rency which cannot be made available in defraying
the ordinary expenses of the government, and posses
sing no value except as it evidences gratifying re-
duction of our public debt. The anticipation in
dulged at the date of that report, that sufficient
amount of current funds would be paid in account
Of revenue collected in 1884, to meet the demands up
the Treasury, during the year just closed has been
nearly realized. Up to this date, all claims which
have been presented and audited have been qudated
without inconvenience to the public creditors and it
is presumed that but little embarrassment will be
countered in providing for the payment of such as
may fall due, from this time until the present years
revenue shall be paid in. The balance now in the
Treasury, it is true, is not available to any consdera
bic extent but as the revenue for 1915 is now in
process of collection the holders of warrants hereaf
ter be issued readily convert them into cash,
by presenting them for payment to the County Trea
surers.
"Our treasury note circulation having been
largely reduced, and the notes being now at high
premium, consequence of the accumulated interest,"
the opinion may be expressed with the utmost conf
dence, that the of funds, which will
be collected and paid In account Of the present
years collections will be than sufficient to free
the Treasury from the difficulties under which it has
abored, for the last three years. And having once
got rid of these embarrassmcnts it may safely be
lied upon, that economy in our expenditures and
prompt collections of revenue will preclude all neces
sty of again resortng that short-sighted policy
which, for the sake of present relief, postpones the
evil that is with increased aggravation
at last"
The Auditor gives the expenditures of the State
Government for the fiscal year, ending Oct 31st,
1915, which amount in the aggregate to 81, I'D %
The expenditures the accounts, with
the exception of Presidential Electors) for the year
1914, was 500, 1868 10 = thus showing reduction
for the year 1915 of S22, 2i6 44-an amount large
enough certainly satisfy the strongest desire for
trenchment and economy. The accounts which have
undergone the largest reduction those for public
printing and for stationery and fuethe former hav-
ing been reduced l1,624 80, and the latter Sl0,-
500 Al, making an aggregate of SD APT O3, only
$4,000 less than the entire expenses of the Legsla-
ture at one session. The judiciary account has been
reduced over S3O00 and the expenditures for specific
purposes above $780, The probate account is some
$1,000 larger than last year, and considerably more
than was anticipated when the estimate made, in
the last annual report from this Office, of the probable
amount of ordinary expenditures for 1915; this has
occurred principally in consequence of many claims
of long standing having been presented and liquda-
ted in the absence of these the estimate would pro-
baby not have been exceeded. 1t is to be regretted
that the expenditures for conveying convicts the
State Prison have Also exceeded the amount estima-
ted and appropriated
The amounts necessary to meet the ordinary ex-
penditures for 1885, the Auditor estimates Under the
different heads to be S67, 100 90.
"These estimates says the Auditor, "contem-
plate reduction OF Tour thousand dollars, as COM
pared with the expenditures of lS45, largely they
reduced from those of previous years. The
State House having undergone thorough repair during
the last year, the expenditure on that account for
years yet, will probably not exceed the amount
above estimated, (S500) and which is designed mere
ly to the necessary outlay in improving the
grounds and preparing the house for the reception Of
the Legislature"
He recommends, as another step towards economy,
well preventing embarrassment at the Treasury,
that the appropriation towards the State House be put
under the control of the Librarian, and his certificates
be vouchers for the necessary warrants. Under an
honest Librarian, such have at present, Sc
cond the recommendation with all our heart.
The report then gives the unexpended balances viz
Legislature, Sl,220 Al
Public Printing, 1885 81
State Prison conveying convicts,l 623 Sc