The Manitowoc tribune. [volume] (Manitowoc, Wis.) 1866-1878, 1875-10-28
STATE FINANCES.
A BANKRUPTTREASURY
AS SHOWN BY TREASURER KUEHN

We have heretofore shown that there
was in the general fund. at the close OF
the fiscal year, September Both, 1875,
only the paltry sum of 81 ,846.5S! and
we have stated that that fund would be
overdrawn on the first of January next
| fully 100000 Facts have now come to
light, that show that we were entirely
! too IO,U in our estimate, as to what
would be the condition of the general
fund when the Republicans Will assume
control next January. MIR. Treasurer
kuehn Will certainly be deemed good
authority by the Democrats. lie reports
the amount in the general fund, on the
Both of September last, as above stated,
at 81 ,S46 So? In estimating the amount
that will be required to meet the drafts
upon the general fund, previous to the
first of January next, Treasurer Kuehn,
in his report for this year, says :: ''Ihe
'aln0urt thus not 21rOrided for, aOiU
"reach about $173, O0O, aohile the req
''enale get to be IeTiUed may not ecceed
1915 900, thereby placing the Treasur-
ser aaade, tie unpleasant alternative
| settler. TO G5'a,O from other funds,
sWIHOUT AUTHORITY OF LAW,
cor to aUO1C the credit Of the state to be
.fnapaired ~ Such is the language of
Treasurer Kuehn, in his report dated
Oct. 9th 1875. Instead of there being q
! u. e ~ 4
ON the first of January next, Treasurer
Kuehn says it will reach $173, 900! This
certainly looks like bankrupt treasury!
This has been brought upon the people
by this Bogus Reform Administration.
/ To show that Treasurer Kuehn is not
mistaken, we find in his report, that the
amounts remaining due the several char
table, penal and other institutions of
the state, on account of the appropria-
tions made to them during the year 1876
reach the gross sum of $l05, 72S. "a! That
leaves but 1853, OC0 to defray all other ex-
penses to the first of January next, in
order to reach Treasurer Kuehn's esti-
mate of S173, 0G0, which the general
fund will be oyerdrawn at the end OF the
present wear, or before the treasury can
be replenished from the state tax levied
by the last legislature.
Now why is it that the treasury pre-
sents this bankrupt condition? 1t is Cue
to the extravaganza of the Taylor admin
istration, and to neglect of duty on the
part of the Secretary of State. That Of
ficer is authorized by law to add to the
tax levied by the Legislature, a suffci
cient amount to meet all authorized de
mands ON the treasury, if the tax levied
by the Legislature is insufficient for that
purpose. In defining the duties Of
State officers, the statutes provide (see
Taylor's Statutes, page 270) as follows
Whenever it shall appear at the time pre-
annual State tax among the several countie
of this State, that the appropriations made b.
the Legislature and by existing laws exceed
the amount IF State tax levied to meet the ex
ponses of the year, for which such tax was lev
led, it shall be the duty of the Secretary q
State, to levy and apportion such additional
amount may be necessary, i'll connection
, with the amount previously provided for, t.
meet ali authorized demands upon the Treas
, ury OF the State. up 10 such time rs the sue
ceeding State tax shall be due ana payable
| That Secretary Breese performed his
duty in this respect, is shown by the
fact that, at the end of the fiscal yea
ending September Both. 1874, there wa:
balance III the general fund OF sl2a,
63l.30. This was the result of the las
, tax levied while a Republican was Score
tary of the State. al wants OF tn,
Treasury were provided for. Now comes
the first tax levied under Secretar,
Doyle. 1t fails to meet the wants of the
, Treasury, and will show deficit on thu
first of January next, as Treasure
Kuehn estimates, of S173, 900! Thes'
facts show both extravaganza and neg
l lect of duty, on the part of the presen
2 Democratic State officers. The State
Treasurer, in order to meet the demand
upon the Treasury, must ''draw from
other funds, acitho,a authority ~ toi.'
or allow the credit of the State to be i'm
2 paired" So says Treasurer Kuehn ant
30 official figures show. Is there longe
doubt in the minds Of any honest men
a that the PRESENT bogus reform admins
: tration is humbug and O fraud