The weekly clarion. [volume] (Jackson, Miss.) 1863-1882, 1873-02-27

Statement A shows Tue receipts ant
disbursements Tor the fiscal year, under The
several heads OF accounts
''Statement 81 shows the receipts and
disburseme MS fer each month of the fiscal
year.
statement c. shows the amount OF war
rants issued, paid, ana outstanding, and the
character and condition of outstanding
warrants.
''State.acnt DE- shows the condition OF the
Chickasaw School Fund, ana interest ac-
count of same.
statement z" shows the condition o. the
Common School Fund.
statement F. shows the deposits made
by Insurance com panies, under an Act OF
the Legislature, approved May ID, 1871, and
the amount of interest due on same 10 Jan
uary l, 1873.
The following items, amounting To the
sum of $13,4H 90, are diSburse ments by
Treasury Departments not in the Auditors
account (Treasury DEPARTMENT. and for
which suggest proper entries should be
authorized and made to reconcile this differ
ence between the books of the TWO depart
ments. The four first items foF prior
accounts, the other two are for interest on
bonds paid by me, tO-WiC:
Warrant No. 1909, January II. 1902,
on account of Chickasaw School
Fund interest ...,.......-.. 5000 90
Warrant No. 93l, April IL, 1865. on
account of Institute for the Blind 1000 90
Warrant No. 647, October 30, 1866,
duplicate and original paid "a 40
Cotton Money Ito be burned and
certificate filed with the Auditory 3I97 30
Interest on Bonds, E'Series A. to
January l, 1871 ........-..... 1,2ll Il
July l, 1871 -. 1000 co
l recommend that some action be had by
the Legislature by which the balance OF
Uncurrent Funds, worthless, $795, 936 As,
may be dropped from the books of both
offices, and that n suitable committee be
appointed to count and burn the Certificates
of Indebtedness retired and that certificates
of burning be filed in the Auditors office
for proper entry, tO-wit
Amount funded into Bonds, Series
NEUTRALITY-SUSPICIOUS. 100000 90
Amount funded into Bonds,Series
Amount funded into Bonds,seres
Amount Certificates paid into
Treasury since April 4. 1872 44069 90
Section 10 of the Funding Law, approved
April 4, 1872, provides: THAT whanever
Certificates of Indebtedness are paid into
the Treasury they shall forthwith be can
celed. and no Reissue shall be made in their
stead.i'
The only transaction of this Department
during the past fiscal year on account of the
assets of former State Commissioners, was
the collection of debt due the Seminary
Fund by ID. 5. Patterson anG others. The
amount paid int" the Treasury, after pay
ing the attorneys fees, Is 81 7I5 As.
The leyying OF tax for the fiscal year
1873 presents question of grave import
ance alike to the legislator and the tax
the State are increasing from year 10 year.
forces the conclusion that economy and re-
trenchment are essentially needed for the
encouragement OF Il more desirable result.
Much of the excess over former years is
chargeable TO legislative account, arising
mainly from protracted sessions OF the Leg
islatuTe, changes in the judicial system.
costly allowances TO outfit chanceTy aud
circuit clerks, investment in crude maps Of
the State for school purposes. EMPLOYING
counsel to shield evil doors from punish
ment. subsidy TO visionary schemes OF in
ternal improvement, and lastly. but not the
least OF al, the forcing of State paper as a
make-shift for circulating medium, the
enslavement of the indus rial class OF
the people benefitIihg alone the countless
horde of sub-tredSurers. (taX-collectors and
others who belong to the ring Of shavers.
to the multiple OF from thirty 10 forty per
cent.
A tax bill, and one other-a mans burial
expenses, are the last to escape settlement.
In the eye of the Law. they rise superior in
dignity of obligation over food and raiment.
defying even the shackles of insolvency us
a means ut escape. Justice therefore, 10
the working class deman Is of legislation
protection against ruinous discount of state
credit, or the encouragement of ant systs IN
pernicious to morals and truth. The pres
ent warrant system. in my Judgment, eFeas
The door to reckless speculation in OH tIll
circles. encourages evasion of truth. it not
in many inst nees, perjury. to say nothing
of the lesser ills entaiied by it on the State
and society. As remedy for this increas-
ing evil, recommend that State dues be
collected hereafter in currency. and the
State Treasurer be made what the law con-
tenn plates he should be-the disbursing
agent for the Stare.
Very respectfully, yours,
WI. VAssER.