Bismarck weekly tribune. [volume] (Bismarck, Dakota [N.D.]) 1884-1943, 1891-01-09
GOVERNORS MESSAGE.

DELIVERED TO THE SENATE AND HOUSE OF REPRESENTATIVES, OF
THE STATE OF NORTH DAKOTA, IN JOINT
SESSION ASSEMBLED, JAM
UARY 7, 1891
Gentlemen of the Senate and House of Representatives:
I have the honor, as retiring Executive, to herewith submit my
message on the condition of State atfairs.
l aim therein to confne myself to a concise account of my
stewardship, making such suggestions as are unavoidably conse-
9uent upon a statement of past experience. and present condition,
leaving to my successor the duty Of outlining the future state
policy and making such recommendations as to him may seem
STATE FINANCES.
In my first message to the I Legislative Assembly,, devoted con-
siderable space to a careful consideration and presentation of the
presentation and from a close estimate of the probable expend-
lures that great care would be required, both on the part of the
by the administrative branches of the State government in order
that our r. credit and snd; financial standing standing might not be seriously i'm
deemed it my duty to earnestly urge upon the Legislature the i'm
able satisfaction that / refer You to the fiscal condition Of the
State as evidenced by the annual report of the State Treasurer.
fiscal year, October 81, 1890, as shown shown I by his rep 20 ti includiiup the te
amount received from North Dakota's share of the cash on hand
j. We're ssoe ,5iiss: The It total al disbursements Ii u ndss' during neo the
S TPess RTy'e65 e %sSs %$ 81 1872, e. ss s2c4,45i T. 1"'" siSc % b" Of 4 j p tes
e Sbspte es! IS ef s session y Tsr5 js ef iag cd an ;p fbe np p1ece %sG5h or sa9 of
are included in the above total receipts.
BY an Analysis of the report I find that the total current ex-
$$56l, o9so2, being about $4,000 less than the Estimate ma made ei by
me in my message of a year ago, based on North Dakotas share
Some of the more prominent items that show a much less cost
Adjats9t Generals salary and expenses, s1s5.54. Estimated
Militia, s2,25O. Estimated cost, $4,000.
Commissioner Of Agriculture, S3,5949s. Estimated cost,
Board of Agriculture, s3o5oo. Estimated cost, S. 900.
Veterinary Surgeon, salary and expenses S9l.S8. Estimated
About $4,000 was also saved to the State by the decision of the
Attorney General holding that the per diem Of the members of the
Legislature ceased during their absence for the holidays
estimate, one considerable item being that Of State printing and
By the terms of the Constitution, the aggregate State indebted
ness is limited to 100000, exclusive of what may have been the
ton: The issue Of the above mentioned bonds leaves $4,000, and
in ths addition ddittond thereto aer the total %ah; Smoun IT. Of IN H9 %t1.; Pakot taz share of
T. 1889, as the amount Of the possible increase Of the State debt
before Sdoaeoa reaching 1 the limit 4i fixed by the Constitution: It would
larger levy allowed by the Constitution, that the limit of indebted
ness may not necessarily be reached.
The bonded iet i iads s65 On s;a as shown by the report Of # the e State
the amount Of bonded debt of the Territory assumed by the
S Sonds s ~as sa antS Soti Sf 6 sSa ths iast 1 aas 8 'ss"s a ot the tbey s a5e 3oox 1f
as Revenue bonds issue dated April rs, 1890, due April 25, 1896,
expenses espeans 9 of p the Stat State. The? They soil sold " at pr reuG 1o pay Of s 5e S5tre In
accordance with the suggestion made in my last message, the last
for issue negotiable bonds of the State for such amounts as shall
be be- Necessary &c 4Is S+t to refund sh% all a4t the outstanding bonds subject to the
thirty years and to bear interest at a rate not to exceed 4 per cent.
made for $4,000 Of per cent: bonds issued for the second Dakota
RE1enitentiary at Bismarck, and $685. of6 percent. bonds issued for
4per cent bends: dated May Is, 1880: We're issaed' and is soa az" a
PAonuAuAh " @1o,ooc. " Tx UOuueu luueUIouueSS, SllCOUU pears
interest at 8 per cent, SS3,5O746 at S per cent, $332,O0O at II per
cent and Sl55, 700 at per cent.
A very assuring evidence of the excellent credit of the State
and of the confidence Of investors in our 6nancial condition and
sss9Pitss IS on P1 sssR favD on n ths ts s151ity f f s1s si Ststs to Of 9s I pss cents its
thirty year bonds sold at par and 934 per cent. premium, and the
$l50OOO OF A per cent. revenue bonds at par and 1161 per cent.
premium, thus virtually making the rate Of interest paid by the
State on these bonds a little less than 81 per cent, which indicates
the high standing of the credit of our new State, being a rate that
would be considered favorable by old and populous States.
SETTLEMENT WITH SOUTH DAKOTA.
The commission appointed on the part of North Dakota to act
in conjunction with a similar commission from South Dakota, to
effect final adjustment between the respective States, have made
q final settlement and submitted their report to the Executives of
the two States, who have approved the same. The joint commits
sion fixes the Indebtedness of South Dakota to North Dakota at
s64,l4l46 $46,500 Of the above amount being the amount
agreed upon by the Constitutional Convention as the sum due
from the State of South Dakota to North Dakota prior to March,
s, 1885, the balance $l764l46 being the amount agreed upon by
i LII Gaau;aa:a IL