New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-03-20
The CONTROLLERS Answer TO Mr. Eord's Res
OlutiOns.

tONtRoLLERs OfFick, ALBANY. darcl ~ 100
10 ne Speaker OF ne Asse1liy
The Controller has had the honor to receive tine
following resolution adopted oy DE Assembly OF The loh
net
Hzrrel, - estimated ,lala revenue Of Oh. s,it derived es
@ ,hc ,ate cav auction ai .1t atrs a' feaaf' len'e
,oo.ttata f-a ts l.ra rr., p a .g-, iar - laas.ss
thousand sol NJ. not according % le cniroef Report more
r '' elt % P' s orr ar -Sgen.s- u Gle 0oyereni cog
ss.ns state Prr'n, airra o nf.ss siie ctcefs emf ,
srtaoe a.taroa of e state ,ad other uosnauea, ei'r-l
md ,rsl che revenue, i- oii' sner arf paying 'as e.
e rs .-f 'l l,.f.'r if '. ''l! 'i n'ntu+ tlFoiif
tfJ a,,nf ar, on se,5unt ts-n Of t-r
NE si.fe paw 40 tAe ,lr.ol each yeor - 10 eorPs
fe rs.nt Of DE Er- c'li in Tie c.n~'e. v ani Bs'l
zen LED - he .,oos- 8-.,oa y IT, Lr..,ar
oy S-- i;,s. ne ,aasaea, Asrcailr, collage,
o. - - The - ,ar ~ = 4 = 80 So l-,a' ~" a.
N,cs Co.er-. ssr--ss t- G-oore su-y and gubla
~ R-.., w.. R,-r. n. se-.S.s II li-t--., 2. b.,
.ra Ils All nfrove-at ils seaea Ilv-r ard tie raae
90 hundred thousand ts beyond e pre-ent f-le
se means At tie dsnos 81 ~ Legislature % pay such aFPopn
M s',rsa .oaA % aPose and aale. De par Of the
no oay m re ,rrs,er a. 10 psa oesn dop- procure
o 10 ray re 's. ,lProp r-ee efe.'as e-t ea'fsr
I'D r,esa' lie Coatrisr Fho our Constitution sai
he eh-f iaa aasef Of state AMI required By iv %
e A's 90 D. f-qor aeeeia ~ fecomen-d a1f pl ir
T az a-y - pes sny 'p-s % extraordinary 'qpfopf atoms
r a u e
T'a - s iey a. pf cable ~af plan 'aouh be- oplso7 be-
'l, @ ;, '-s ~ i' 'oi no.' 70 Py agpropr, 'n'
o,n. lefsor aner tenth section 81 Oh. .s,
ea'a ir'es o. 'h- Constitution b. order of &c Asseas9
The annual report from this oflce communca.ed to The
legislature a. The opening Of ne session contains full
and detailed eNllDlf Of the condition Of Treasury
tle commencement of The present hscs year, with
mate OF c anticipated revenues during the year ard Il
he ordinary expenditures for ihe support Of Government
Including oblects which have charged up
on ne Treasury BY former legislation 1t was shown that
the OF lie General Fund inc uding The balance
hand VIII be sufficient 10 meet lhe ordinary appropriations
Whether additional appropriations shall be made tor
undertakings and 70 what extent and by what mode se
aus shA be obtained or any extrao binary apendnres
which may De deemed advisable, conceived ~ be
question for legislative discretion ant responsibility, b.
determined BY The representatives Of the people, indie
peuce1ty Of any views that mis- 1 be entertained by de-
part1-ul essentially administrative Ia 10 functions Clear
" peFceiyng however, that the ordinary receipts Of tho
treasury would be absorbed by the expenditures
Controller felt Incumbent upon bm present this view
Of . sub eel 10 the serious consideration OF The Legts
sture and recommend he Of cautious econo-
my and wise Discrimination 10 appropranng money for
The pubic service
An euhs hiensd policy would dictate ilal The usual e.
peudiuTe N each year shosd De regulated with reference
he revenues Tor me year instead Of supplying snnusl
lelcs by ne creation end gradual increase OF pablo
debl and Ibis principle becomes he more imperative IN
Administering Constitution which serny restricts ihs
powers Of the Legislature borrow money. gs dis
ncuon = to De observed however between The creation
II permanent debt. ard occasoua Of he pubic
crec IN anop aug ordinary revenues when the
good demands al Immediate expenditure upon special %
jscis Of uulIy
An eXaMilauo1 Of ne annual reports non MS O1ce Will
es.a6lsb The gratifying fact hat The General Fund IN
more heaiLll condOa al The q TIE present
hseal ye hsn Tor many previous years tor he second
ume n en years here was al actual surplus IN The Tree
sGy belonging 10 ts fund and the bsnce larger Than
bad existed a. any time within hat period For long
series u years the operations oi he Ireasuy carried
ou by system u borrowing from the School Fgnd AID
other specific uScs 10 supply the insaceney Of the Cen
ETA Fund.
"A Illustration Of hts fact may BE- useful and inter-
esng % ecur 10 h sste q he Treasury the end Of
each nseal year for period Of ten years There
due he Specific Funds for The deficiency Ia the
G-lersl Fund, amounting ou me
~ - -. ss---- 2. ., i De So, - e IS .
30 ssTt lssi to--. - 81 q Sotl srPt sp, o..
Thus ~. Be perceived hat or seven years prior
- adoption q the present Constitution, he Government
ss sustained BY dVesg trust fsnds 10 nc uses q hs
Treasu each annual trtct Increasing the Indebtedness
u ne Genera Fard, Unu resesed tss7s9 A. an
above 81 moneys the Treasury a. Tie cad Of ne lsca
year Ia ls8 Tins amount was subsequently fnced -
.-ue u ConrU ers bonds ~ lie seyeFa sp-eihc fgEds.
and forms PAR Of he State Debt chsrs I'd upon lie
G~uerA- Fuod D-yi snkluk FUND
From Ia PERIOD, be Genera F1nd sss1aaed
dilon Tb@ arge drawn ron other funds b. meet
sua. Deficiencies. Shea Lsd accamus.ed 10 oaalce Of
reariy iloa Of dollars having zen discharged IN The
Ire tscal year Tie "a u Ocoo-E 1856 the Openng
d q arcoulL From hat dEi- ih- General Furf
released fr0u dsbLs1c nothing renamed buI 10 c=fsy
Al q the frsr year ne ssh % seyeub-r isg
here surplus aNnd Of ~ 555 - winch pro-
duc-d manly BY mastering ~ liz Genera f1rd TIE
sil05s y rom ne snkns Fsrd FOR interest which
rae been pad frOm he former fund STATE debt -
tN-cl June lst arc October % 1870.
FOR tne tcA yef ending september o. 1875 tie sxyen-
crlres exceeded he and he detc-ucy
pirsuOu q in- year - a91 y which nay b.
attributed ~ lie eXperses sr1cani upon session
q ~ Legs azure bed 10 - IA u Isf7 Tts crtcl va
soppned ~ t-rpory cans from he specific funds under
authority VI ne ACT passed Apr - ls4s suiorxnz he
Controller 10 make pors ppy any de6citin
i1e Ircasury Ise amount IRIS 3OrrOSe ischsgeed
on De receipts Of ue ast tsca year and After paynS
a. demands upon the Treasury there remained balance
70 DC Genera FzBc % ne SEh q September asL anger
i..a Lad existed for many yeas and Amounting Gay
seen n ne z1uua! report from hrs oer 10 ...sll82ss =
According ~ ihs estimate q he Controller pre-
ferIed 70 ne LeKsis-zrs In he sane Repor,
ne heEenuts or ne preser. nses year, Viii
.rk -
aFDlcanie 10 Inc ordinary expenses Ct Governments
Afsr de1uctIng from hrs estimate Of ne ordinary mean,
q re ysaf, e Of 80 80 10 appro1gt.rior.
maze BY Ae zs Legissrgre, tncucnx the or-nary a.
gfopnscoc tur slAie Prisons. q haancs 10 shown al
siS&ets 2 witch deemed suclent 10 pay szrens,s
prOvae fer 10 iss spPrOpr4oas Of ls4s snd % de.v
Necessary aPproPracons tof re s1pDor of the Wesera