The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-01-02

- SOl, ,l39 81
Deficiency Of tho Sci tember 1883 90
It win BE- .ssa from the above statement Of the condi
don Of the General Fund, that there was def ,ency
f rsvsaus to sst its for the fiscal year end
Ing sspembes soth last Of s4l9 2l2 ee At the close Of
increase the last ear Of the SO Of $3.50 $3.50
An increased deficiency At the close Of tho fiscal
year Unavoidable expenses of the government
were kept within the estimates and the sppropria
tons By the legislature materially reduced.
The estimate Of these expenditures from this de part
ment Tor the fiscal year was $32l, 1895 Is
The acfual sum paid from the ,ury account of
the General Fund.- for expenses Of the ap
difference bstwss. estimated and actual expenses
y.46o4 67 The estimated receipts for the year were
fa Fund vsrs Sos ais S. being less By s2o ST. Es
sasS :s q for the yea. and tbs
statement 90 - il given to shoH what partfculars
and for what objects Of expenditure the payments hav
cd ths estimates for the fiscal year The prin
aa items of Increased payments for printing aud
s State PRISONS Tor printing the is s57s6s e5
and for State prisons IS The aggregate
Of payments the estimates is $2b7, 1856 So.
From this sum is deducted the eStimsrss which ex.
ceedsd the pay mens BY sloo6s2 o. shown by stas
msnt No and the difference sl47 5O4 o. the actual
sum paid beyond the estimates for the year.
The Comptroller anticipate in his estimates for
the year. what extraordinary appropriations may bs
laturs Tho tendency Of legislation for years past
has BET towards ver, OF tho public money;
department bavs fallen below the sctua sppropriatons
BY the Legislature ard the deficiency of Of
The General Fund has been annually Increasing
yAxnsus for actual Of 1868 $50 50
The estimated expenses tsee annual report Of last
JeAr)Were a2lS5o 10
1zess.. sll7.5oi 81
report And aso in several eommuni cations to the Lsgis
turs that tbs deficiency Of the Of the fiscal
using money In the treasury belonging to other funds
Of the State 1t diversion Of these trust funds from
their appropriate By the financial ocer of the Slater
just6able from the necessity Of meeting promptly the
claims Of the public dtors and the credit
Of the but which has and may subject him
the legislature shall keep Its appropriations stnn the ss
mAtsd revenues provide by taxation ample resources
to meet It. liberal .ppr ,p,i,tiens Of moaey The Comp
sad the Legislature without to the means
provided and while the specific funds have any
left and In the treasury tho Treasurer will continue
pay the warrants drawn BY the Comptroller His only
remedy to exhibit the increasing Indebtedness
f General Fund to the other funds for the money
thus improperly use' AMI ask the Legislature to meet
the deficiency BY taxation.
Nh ratifysg fact connected with the Legislation of
the last year. that an attempt WAS to discharge
this existing indebtedness by the position Of an addi
tsnai tax Of :, Of mill making mill for the
an additional tax Of Il mill for 1854
II remains to be whether the Legislature will
limit M appropriations hereafter to the means provided
rsxation Il always sharp remedy to be used By free
government, but saluisry for the people. 1. be-
to apply after long of govern
ment sxtAvagancs and It's effect Is to the seross
attention Of the taxpayers to consideration Of the
resf-au honest administration OK the and
Just IRONY in expenditure.
GENERAL FUND DEBr FUND
Balance due the treasury the 3th Sept 1854 45
Amount paid from the .veasury durpS the
Anou., .r.nsfsrred 20 the General Fand rsysaus
for interest on mo. sy advanced to mest the
demands on this fund 1880 2l
ss9l 5s5 10
year ending sosh Sep. 1853 A. ss SIS
Balance duo the the soth Sept is5, $3.50
Condition Of the Fund
IN ssoos s"sa On sseeani ,s,
bank fund. reasemasle in 1865, per cent?. 1l53 8,
D;as,:,ss n n: n fund on the o,a ssg,:uss
tor the currsntyesr as follows -
Sssass % due 70 ,he treasury s,aiS 20
s3SS,olS 50
Appropriasons from the canal re
interest on 500 ss s. Bank iund :toci sos ~
$4,000 %
Ada ouns sf tendency the s.h isps isjs SsS 81
Showing d.aoieneyi I, The fund on shs so.h Sep.
re Above sa,smen, In. condition o ,S, sang
created BY the constitution 20 pay the General State
debt "a II existed NJ the adoption OF toat instrument
They show that the iss provisions Of the Constitution ia
providing sinking fa4 FOR the rsy neat OF this deb.
hive fa al entirely 20 accomplish their parpose At tas
expac. ot s,ysa ysr from To. adoption q tbs sh
win be iDcrsa Cd the Of ss62 n at the close Of
The Year 1884, srd ~ annaA deficiency thereafter ~
S6,5lo 90 instsad - suiclsbt to nest tho
rnnsi charge Of inisTss upon it. i2creagny stp
tal TO meet TIE dsbs itsslf IS Il fail, due
nave rad % ca 'on heretofore, In communications to
The ieeiSAturr, 70 speak OF tbs which
drcsd this disastrous teeu they II, Ia
lssisiAtou imposing upn this Stalking Fund eneroos
charges which wsrv "a con.enra ed authorize ID by
the constitution refer to S-nae docunsn MT No 6s
1874 And TO my annuA report Of last year. for fully
sxpxsssed upon ths subject.
Ievss the dsssa OF tns trainers Of tia Constitution in
setting apart the ANN OF e3b6 00o from the canal
fSveauss unkisg Fund that tha debt thea esstiar
snsaA - thss psad ssd sss 70 perform Il, Approp