The weekly democratic statesman. [volume] (Austin, Tex.) 1871-1883, 1881-01-20

| appFOpffdtlol 10 pay Inc previous
GeIie,ene{ yh IN MONEY instead OF c son
warrants and deferring their pay
ment, by the Sixteenth Legislature
| in 1879, and IF there had been suf-
| ficient approximation then made TO
cover ali deficiencies that occurred
during those two years. and If the
| sinl-;n5, fun1 bod 'bao,, ,,aif % II
80 1i.Ft % 90 = -. \
was, and If the SECOND appropriated
10 fha prarinus cchOpI dnffcicacy
| - -.
llhu Ottn duuiiCt anu lilu.
FtEs1 yFAr
A,, ,s .,,. .l. ..-t
ALnoAhs oi- 4, NeT ~, l4I.t .s..-
Augus. o., is,y SOL iue "a
rt Si .lts 9eIuo. ~. tiie "
nStsu-y ,Sg ~, in mi W -- l--
entSlsSH iHso and nd" pp pi
less S4; I interest 90, -oa :,
To wi which add for dtjag 80 - r.
ton the deficiency THAI --7-
ace seb 5nJ 3 yghr; Sp't
above stated Of 3O,00i,. q9,t-2 81
:. ----3-- 20 Z
Total S that nat, T y hid .h hS,,
been money enough be,.,. a.. y,,..,.- = E.
fore August ~, 1sl9 ..f,s SiIs s!s's3 u
s=peaciencs1aar tsr1uiif a. T..
Cd have ;exisssd A9z4.f ven y4-.a i
Il "s' o. i''''..,...-' S''i'S1'i =
g ~ IL ~; AZ vlsf.s s., ~
August 81 fssS y PPss = l,rs HoSe IN ia 7s
re have ieftshatnechfrt sac>i's sfs0c>-rhA
me ifresssnrysa ~ tE s- ~ ;at'ts9 Z .
been rsyeptfc 6honsa,s ger 5isa io1 90
n aIre then t,ic;r % Of Of
thepreyious year, s3lI,; ......i .- -
s s ana Sioo,OOV t simkins .s,.+ "a.
Thcs If there had been .- -,...
an an appr3Pri19li6o9' 70
Of that l wear ar and il had "l-.
beenpaid. -- .i wye 5,SO2 O3
av.i,,6ic r,.y,,,,, ma,
woald have been LETT .-'7-
August H. 1880. 80 S'Oa,ss7 20
There is about S32,OO0 OF the
amount shown TO have been
in the Treasury on August 81,
1880, that IS revenue left there,
that would nave been paid
out as interest on our bonded
debt had not that amount of inter-
est been saved by taking in bonds
by the sinking fund, and by ex-
changing five per cent. bonds for ten
per cent. bonds up to that time.
And by the saidEcXchange from
that time thereafter, our annual in
terest will have been over, $4,000
less than before the said exchange
Of bonds, which is more particularly
shown i'll the separate message relat-
ing to that subject. s....- D..-
If the matters presented i'm the last
statement in regard TO revenue be
considered. il will he seen that war
rants would have sold AT n discount
as usual formerly. during the whole
Of the first year, and then, the def
cheney of that wear. and the sinking
fund of the next. aggreoatin0 S341'7
esq thrown upou the second wear. TO
be paid by hp surplus over current
expenses! would have probably kent
the warrants nj n discoulll six
months longer. and thereby Our five
per cent bonds would hardly. have
been sold i'm the market when thew
were. if NJ all ND TO The present
time. I...
In making financial estimates for
future wears il is 10 be observed that
the exact relation between actual
expenses incurred. and the revenue
collected TO paw them. cannot be cx-
hibited with mathematical certainty.
by reports from the freasurer's and
Comptroller's departments for any
enc wear. because, while the revenue
en- hand on the dav of the close of
the fiscal wear. thirty,lirst of august,
NAV be shown. some of the eXpen-
ses that have been incurred during.
that wear. have NOT. bcep. presented
10 and audited. by The COmptrolIer.
and therefore Lhcy Will, come in for
payment after that day. The coIlec-
lions and receipts of revenue, and
the iuclIrrinp of EXPENSES continue
to run on. like ihe dow Of perpetual
streams. each independent of and
SEPARATE from the other. there Is no
means of adjusting and ascertaining
their exact relation in amounts. nj
any one tlay.and therefore Il is TO be
onnroximaicIy osccrtained and csti-
mated by the results in each year.
and their relation TO, each other as
exhibited at the end OF each year
during a series of several Years COM
pared, after having noticed, and es-
timated any Extraordinary increase
| or diminution of revenue, or of eX-
penses, that has not, or may not oc-
cur i'll the next year or succeeding
years, /
An examination Of thc statements
that have been Herein Submitted,
will show, with sufficient certainty.
that there has been All increase of
surplus feveue, and a dimimtion OF
the actual expenses of the govern
| ment, during The two fiscal years of
1873 and 1879, and of 1879 and 1880.
and with marked elect during the
latter wear. when the laws nassed Inv
the Sixteenth Legislature were
| in fill operation. and cxhibitiuo
tt cir effects un6n The finances Of
| the state. rdsbectfnIly re fer Won
| to The renorts Of the t,omntroller
and Treasurer for fun Information
thereon
PUBLIC FREE SCHOOLS.
rrhoro l,od Leo, ~; o, .d,n,loi,,
| Thai onr milf rrSa Scbocis go
ennductod ,,,;ti,o,,t y ~ a,,d al -
he lar .n,aunf n,anaI dnvotod
20 tha5s c.o,n ,ho 500 TTro.s 81 !, ~,
- =, - ., ~" S Ht.;iiln
eS nS's ft Si,.iytt :.
lI "tS pm =. '
porsS'i'u 'o' 1"'''1tite ~ was
TTs a.,.,..
'SyIe|s Mi'e nv Gus ~ NJ
an n ihto' anu ~ Mas i2unu .tiu ~.
thC onIpiolHts were uOI 'litoSclheE