Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1873-02-01

ment ut tins branch OF our STATE
civil service, The payment OF tax
cs in currency would be one step
toward placing the financial credit
oi the State ON something like an
acknowledged basis. There are
other recommendations the Cover
nor might have made, to which We
rannut even alluds at present the
adoption of the first would finally
suggest the others. We hare not
time st present to review the mes"
tge in t7ttnso, and for the present
all the attention Of our readers 10
the extract hero given
The reports of the Auditor and
State Treasurer show the tota. dis
burscmcntS from Jan. |, l>12, 10
Dec. 81. 1872, TO he S ,i96,>2> 81
This ! less than the disbursements
1.-THE prsyioasyeAr, byslS2Sli 20
The reduction in the tyo items OF
Legislative" and public printing,
amounts TO Sll2,a5S 3. The Judi
ciary Is be only department Of The
Safe Government which dnes not
show a manifest decrease Of eNpcn
auUre>, ari here TIE increase evs'
he preceding wear sUoanls IL So,
>13 -, ,hr to,Al y q cs- aosr;'
-ssrhir- the very sXivaya-@E; am
,fSst-9S Is.
ia. F.rt al Size Ge9ss' s5a-st
usai> which E@v k sci -aS7 =
>xt-.o-55ssry. or AecezHi Of asa
taoe. "a Ire luastic Asylam kS6,.
81 Is. Ervissi Ceis Of ISL So,
80 Impairment; e State bond' Ant
interest sla5.S 04 9SL ~ l1oai sub
,.v S>l.q6S 20 &c, amounts II
he ss.r-sa.e 10 SS1l,93s IS. Thl'
Ieiuttei, caves the ordinary dis
5rrsem,nis tor carrying less thar
the amount consumed for like pur
poses during 1871, by S233,9S2 90
This exhibit is satisfactory, IN o
far as il shows tat the policy o
rctrcnchmcnt in%auguratcd at you
asst session., has borne Substanti"
results. | trust you will feel en-
Outraged to continue Your efforts u
the same direction, until the min
mum outlay at which the Stat
Government IAN be properly nc
ministered is reached.
In considering the subject of di
bursemcnt, it should be remembers
, that they are made on q basis Of A.
=. iitor's warrants, at an average va
lie Of not to exceed 50 CENTS on tn
, dollar.
] Dcducting the discount ncrnssar
F 10 bring our transactions +" II
standard Of currency, and the toti
expenditures fora purposes durin
+ the year 1872, would have been Ie'
than the amount now reported, b
, 1919, 3Sj -, and the ordinary e!
: pcnscs Of the government woul
only have reached S919,9ll 90.
q. is therefore plain that less than or
!, million dollars in currency IL snt
cient to carry on the State Cover
mcnt, and whatever amount abo'
.. that is assessed upon the tax payer
is tribute pad to stupidity and i
competency in financial manag
n mcnt, and Just so much marg
offered to the cup1dlty OF specAl
'ois.
: The entire warrant system,
adopted in ibis State, is AuRyersl'
| of public credit. 1t is IN detan
of eommoreial usage, and corruptil
to public morals.
By no correct theory Of inanci'
mug can an Auditor, Board Of Sup'
~visors, or other officer, be suffer
n to issue a warrant or sight dr.
If upon an empty treasury. A privi
=, individual who draws upon an i
4ginary deposit, finds his draft p:
u tested and his credit d'stroyC
II Public corporations trying the sal
Is experiment, fare no better. St;
e and county officials, however, 5
permitted, under our laws, to d&i
indefinitely upon the treasul
L. when it is welt understood that Il
ST d dollar is on deposit, and VIII
IF there is no p~rvbabiIitg that a stqi
II warrant issued will ever he p;
by the off "er to whom ii is direct
u As Il consequence, State andeeur
o. credit is at the mercy OF speculate
and paper which should repres(
ID par values, is frequently sold
m from forty to sixty cents 6t I
dollar. That such 3 condition
y credit can exist in a perfectly ,
80 vent community. without any re
If edy, is absurd. The cure is as 81
pie as the evil is disastrous.
After ascertaining the expen
lures necessary to be met, prov
an adequate assessment therci
S. and require the tax to be col'ec
b. in currency. Prohibit, by Vi!
a, enactment, the drawing of warra
upon any fund in excess Of estil
" ted collections, and place Board'
!. Supervisors under bonds corr
ponding in amount to the impt
ance of their transactions.
y Currency should be demand
ed because It's uniform value distrlbu
i,the burden Of taxation oqna'
Warrante hGye no standard val
and the shire vd and crafty pr
y, by their auctpstiops at the expe
of The poG' end ignorant, and to
T.. Ietriment Of public credit.
/" When these recommendations
carried out, and a system of st.
economy in expenditures cstabl
~ cd, judicial and other officers
~ 40 longer be at the mercy of 81
iffSip order to secure payment