Evening journal., 1891-01-21

o Wilmington City Railway Company Wa
3 introduced by Mr.. Smith 1t authorize
b the company to borrow 5000 900, secure
by bond and mortgage and to increase II
capital stock not exceeding 100000.
Mr. Crosson introduced bill requiring
the railroad authorities TO place safet
gates at Richardson's woods, in Christian
hundred, about two miles from Whining
ton.
Treasurer Herbert's Report.
7 State Treasurer Herbert made the fol
! lowing report to the House in regard t
the financial relations existing between
the Federal and state government.
The General Assembly passed Apri
s2 1887, a joint resolution authorizing
the state treasurer TO prosecute al
claims against the United States owing
or belonging to this state
tThe first claim ! undertook to prose-
] cute was a claim of about $40. 0O0
known as q Direct tax on the people oil
this state to defray the expenses of the
rebellion between the states. The bill
TO refund this tax to the several states
failed to pass the Senate in 1889. There
the matter rests for the present.
Another claim belonging to the heirs
Of the patriots of the War OF 1912.
money contributed by private subscriD.
tion. This claim amounts to $36, 600
and from what information l can ascer-
tain nearly all the money will find its
way into the State Treasury under the
Escheat Law. A greater portion of
the dascendents Of the patriots are
dead, /"
Taxation OF National Banks,
III
that the test case of William
First National Bank OF Whining.
kennan, In the United States Circuit
Court on October 16 and IL, 1888, by
Levi O. Bird and Arthur K Sanborn,
Esqs and John Biggs Attorney General
on behalf Of the state On the Sth day
Of October, 1890, Judge McKspuen
decided in the United States Circuit
Court the case Of the First National Bank
of Wilmington affirming the right of
the state under our existing laws TO tax
all national banks within the state The
case has been appealed 20 the Supreme
Court of the United States where it Is
hoped the decision will soon be reached.
Ii the Supreme Court confirms the de
cision of the lower court there will be
due from the several banks about
$500 600.
This being the last report | shall
make as your treasurer. take this
method to recommend the necessity of
an assistant to the treasurer. The con.
stantly increasing business transacted
through this Office should be evidence
sufticie1t TO show the necessity of addi-
ticnGl help, and that necessity is not
only further increased by the business
and wealth of our state, but also bv re-
peated legislation as its every session
The General Assembly at its session of
1889 passed bill creating Estate
Board of Trustees for the care of
the Insane. and at previous sessions
several other bills, among them Taking
National Banks Within tbs state.
which Will soon go into effect If the de-
clsion of the lower court is confirmed by
the Supreme Court Of the United States.
where an appeal has been taken by the
First National Bank Of Wilmington
Under the statutes we are compelled Ia
keep accounts with four banks III and ont
Of the state as repositories Of money for
the redemption of matured coupons OH our
bonded Indebtedness and apportionment
Of the school fund. These extra duties
the treasurer Is compelled to perform
without any provision BY the General
Assembly for assistance or compensation
The business of this department.
neeessitates the keeping of seven books. |
Qncluding cancelled coupon books) !
eleven books and the items Of accounts
mentioned above are but very small |
integral part of the amount Of worl, /
required in keeping said books, as will
appear from my report for 1889 and |
1890, which will be ready for distribu- |
tion in about ten days A state with
available assets in excess Of liabilities of |
nearly half a million dollars can very |
readily pay reasonable compensation |
for services rendered IN the various de- |
partments of the state government III
think In no financial institution whose 1
transactions are at all on q par with |
those OF the state treasury is SER /
vice Of the same kind ana degree paid so |
small compensation. Not only are the |
daily duties through the year constant /
Dad onerous, but tie responsibility Is !
very great and il such cases rare
fidelity and industry IN public institn- ]
tion certainly deserve as much re. I
and recognition as in prlvatS ins,,ano
tlaas" ''
The report was accepted and the House
adjourned until 10 o'clock tomorrow
morning.
To settle with the Treasurer.
The Legislative Committee. consisting
of Messrs. Ross and Richardson. ON the
part Of the Senate, and Messrs Ridgely.
Hickman aud Cranston, on the part OF
the House, will meet State Treasurer
Herbert and State Auditor Boyce ia the
State House 20 morrow to settle the &C
counts Of the state and compare the
books to ne handed over to the newly
elected treasurer and auditor. The
EVENING JOURNAL published ia full last
week the financial statement to be sub
mitted tomorrow.
A Friend of Economy.
Samuel Wharton Of Dover beats the
state for bid for the state officers.
Maloney of Kent county wanted to be
clerk Of the House for 81 900, Frazier Of
Sussex wanted to be state treasurer and
offered to do the work and give good
bondsmen for the round sum of 81 900,
bat Mr. Wharton sent, the following let
ter to the General Asssmly to give an inn
petus to his canvass:
DOVER, Delaware Jan. 10, 1891.
To the members Of the General Assembly
of the State Of Delaware.
GENTLEMEN; hetby make applioa-
tion for the office of State Treasurer
will perform the duties OF the said Office
for the sum Of nine hundred dollars /
will give bond in any amount required by
Law.