Thomas County cat., 1891-01-08


covery, time and confidence are the all i'm
portant factors. Legislation may contrib
ute much to tine general purpose, but 1t I:
not the panacea for all the Ills of human
kind To be helpful even IN our present
condition, it must keep constantly In view
the Importance of preserving the gooC
name and honor OF the state, and that higf
| standard Of credit SO long enjoyed through
out the United states and in Europe. This
involves the strict observance of equal and
1 exact justice IN respect 10 the holders OF
obligations, both public and private, with
| Just regard at the same time for that equity
/ and good faith due to debtors as a protec,
tion against unseemly greed and unneces-
sary oppression.
FINANCIAL.
| The reports OF the auditor and treasurer,
! herewith submitted, for the fiscal years
/ ending June 30, 1883, and June 20, 1880,
show receipts and disbursements OF all
/ funds as follows:
| For 1859: Receipts, inclusive OF amount
in treasury June 30, 1ssS, S5, lsJ. .l90.79 dis
bursementS, 81, -i6, AS. 10 balance in treas
! ury June S0 lss5, S3i3, 145. So.
For lss0: Receipts, inclusive of amount
in treasury June 80, 1883, 81, 800, %, So; dis
I bursemenTS, 81, ,594 ,csJ AZ; balance In treas
/ ury June 3D. 1890, Sis, l3s IL.
The source OF receipts funds to which
| credited, disbursements and funds from
which taken, are detailed in these reports.
The receipts for the first six months of
| the current fiscal year, ct the close OF busi-
ness, December 81, ls90, inclusive OF bal
ance IN treasury July /, 1880, were as fol-
lows:
General revenue. $3.50 ,04O 80: sinking fund
sl67. CO. interest, sS5, $40. 49, state house, S5l,
2Ol 81; permanent school, S59l, 1880; an
nual school, S9Jl OIL. "a; veterinary, SIS
nent, s.. .752.s9; university current. so, $50. :
A.; university Interest. s., ,654. 15; normal
school permanent, sl4, 1921; normal school
interest Ssol5;si' si agricgtura 5de c0I
tural college interest. sl2 ,S65.lg;. ag-
ricultural college United states
fund, SIS 600; etormont library interest,
$500; insurance, Sl2,$sl; library, 81, ,li2 50;
| total, 81 ,0li U5o.Gs.
| The disbursements for the same period
Were: General revenue, $40, ,c6J.3 81, inter
est, S25, ,55S. p; state house, S5l ,09i 81; per-
manent school, Sj5l .9j2. 10; annual school,
$50, 100. = veterinary 81 800 university per-
manent 81 800 university current, S45, 10S ~;
normal school permanent, SIS, lGO; normal
school interest, $500: agricultural college
permanent, Si 400: agricultural college, In
tereSt, SlO,615; agricultural college United
states fund, 81, 900; total; 81, ,5O6; ;il9.5i.
Balances in treasury December 81, 1890:
General revenue. S37i ,9s0. Sc; sinking fund,
Sl67 80; interest, S7,3iS.5 5jj state house,
SI05, 40; permanent school. si9, Al 10; annual
school, S25 ,92O.62; veterinary, Sl6, .26 10 /;
militia, S103.E; university permanent, 81
Sj2 30; university current. s26. sSl .26; uni
versity interest, S3,c5i.I5; normal school
permanent. 81, 80 81; normal school inter-
est. 81. .5I5. 50: agricultural college perma-
nent. s., JOB 81 agricultural college interest.
81, $50. -; Sto-mont library interest. $500;
.
AUTHORIZATIONS for the Current Fiscal
Year The balance OF general revenue fund
in the state treasury December 81, 1880, was
1914 $50 Sc. To this. the auditor estimates
that the following amounts may be added
for the fiscal year ending June 30, 1891: From
taxes $3.50. So: penitentiary, S52,4l5; insur-
ance, S35, 900: library, 5000; other sources,
81 600; total, 81 ,0js ,:71.S6.
The undrawn appropriations Tor the cur
cent fiscal year amount u 1856 ,O23. 43; esti-
mat a 10 fk.h
latiye expenses, SlOO, ,UOb; raid coupons to be
paid, s26, 900; total, s51I ,023 AZ, Leaving an
estimated balance OF such fund in the
treasury June 80, 1891, S2sl, 80. %.
This statement is based upon an estimated
collection OF so per cent of the state taxes
for $50, TO be paid into the treasury during
the current fiscal year, and upon receipts
from pententiary and other sources being
the same as during the corresponding six
months OF the proceeding fiscal year. 1t
has been carefully made for your informa-
tion in the consideration OF appropriations
for the balance OF this fiscal year. There
are no sources from which an increase OF
balance may be anticipated. l, therefore,
earnestly urge the exercise of rigid economy
in all appropriations for the current fiscal
year so that this estimated uneXpended
balance may be as far as possible preserved,
and the rate per cent OF taxation for the
next year propOrtiOnately decreased.
As explanatory of the S75, 600 deficiency to
be paid out OF the general revenue OF the
current fiscal year, / call your attention to
the fact that the legislature of lSS9 omitted
to appropriate for per diem and mileage
of directors of penitentiary, reformatory
commissioners, trustees of state charitable
Institutions, regents OF the agricultural
college, normal school, state university,
and police commissioners. The law Stipu
lates the compensation of the members OF
these several boards and commissions. 1t
devolves upon the legislature to provide
payment. An estimate OF the amount re-
quired to meet this liability is included in
the report OF the auditor. except the amount
due the police commissioners. There are
six cities OF the first class, commissioners
for which We're appointed April l, 1859.
Permanent school Fund.-Included in the
aggregate of receipts for the two
fiscal years 1859 and 1880, are
the following amounts received by
me from the genera! government, trans
ferred to the state treasurer, and placed to
the credit of the permanent school fund:
November %, lSSs, So, '00.s5 February q,
July 30, 1859, si5, $50. 81; August Il. 1859 sl59.-
$50. 80; June 3, 1850, So, 1923. IS. Since the
close of the last fiscal year, l received from
the general government. and on the 25th
day OF November, 1880. transferred to the
state treasurer, SlG1 ,O61 81: which has been
credited to this fund. This, added to the
amounts named, makes total of s513, ,361.
so addition to this fund from the general
government during the last two and half
years. The permanent school fund, on the
5lst of December, 1850, amounted to $, ,5sS,-
639 So, of which 5,51l, los. - is invested IN
bonds, leaving an uninvested balance OF
only Sl9, ,47l.l0. The school fund commits
SiOnerS, upon whom deVOlNeS the Outy OF
investing this fund, have shown commend
able care and good Judgment in keeping 1t
securely and closely invested.
Veterinary Fund-Referrlng to the report
of the state auditor, find balance, IN
what Is named the veterinary fund, OF
SIS, 2a6. 10. In this connection, desire to
call your attention to the provisions OF sec.
61gS General Statutes of 1855. Therein it IS
made obligatory on the governor, by and
with the consent and advice OF the senate,
to appoint a veterinary surgeon. / made
the appoin Cment during the session OF the
legislature OF lSS9. which was promptly
confirmed by the senate. The salary OF the
veterinary surgeon Is fixed by law at 81, 500
failed 10 make an Appropriation to meet
this salary, and ever since the 30th or June,
1889 the V, .orinarian has devoted his time
and borne mas own expenses, in the per-
formance of the duties Of the position, and
Is equitably entitled to the compensation
provided by law. l recommend that an
appropriation be made for this purpose,
out of the veterinary fund. -
State Debt-The aggregate bonded debt OF
300 becomes due IN 1894. $50 500 in 1885, S70,
600 in 1885, S2Oo, 900 IN 1897 500, 900 in ls.'s,
sl59 200 in 1889. SIS 900 IN 1905 and SIS, 200 in
1863.
The auditors report shows that $3.50. 600 of
this amount is owned by the permanent
school fund, and 50 ,00J by the state uni
versity fund, leaving amount Of bonds
owned, outside OF the state funds, S255, 900.
Under an act OF the legislature OF 1887,
whereby the state assumed the payment OF
certain guerilla raid claims, certificates OF
gregates S352. .e63.9l, have been issued by the
M ha n This less the first in