The Somerset reporter. [volume] (Skowhegan, Me.) 1868-1909, 1893-03-09
A Communication from the Gov
ernOr.


live, you will permit me 10 submit for
your consideration. some suggestions re-
lating to he financial condition of the
State. and | also submit herewith Il com
municatiou from the State Treasurer, Il
statement of appropriations already
made at this session. amounting To the
sum of 81 Isl OH 80: also an estimate
from the State Treasurer of additional
regular expenditures required for the
year 1893. amounting To the sum oi
S4l0,0207I: also statement of pro-
posed appropriations for lS93. reported
by committees and now pending before
the Legislature, amounting 10 $3.50. as
81: and also statement of estimated
additional appropriations asked for aud
now pending before committees that
have not been finally adindiciated upon
amounting to $50 10000. These az
gregale 81 $50, oil 10.
| have also the honor To submit here
with an estimate from the State Treas
urer of the receipts for the year 1893.
based on the general laws IL they existed
on the first day of January last. An adj
ditienl revenue oi aSome ihirtV-fivc or
forty thousand dollars will be received
from railroads by reason of iner, ased
taxation upon the-r corporations. But
sixty per cent of the additional reNrnu"
received from the Maine Central Roil-
road must bp refunded Ia yarions cities
and towns. and also uilite - nrrerntaof
of addition of the revenue received from
the Boston and Maine railroad. and "A
very large portion of This Increased rcY-
enup comes from these tWu corporations
One-half of whatever additional amount
of revenue may be received from sly
iuos hanks. will BIZ Distributed 10 vari-
Gus towns for school purposcs
These two items constitute the prin-
cipal norton of the additional revenue Sc
cured hy recent legislation. II will
therefore be observed HAT while all
thi, increased revenue. in the first i'll.
stance. is paid into the state Treasury.
it is not entirely available TO meet the
appropriations made bv the legislature
for existing laws provide thai ii large
portion of the same he used for other
specific purposes.
The appropriations for The year 1891,
amounted To 81 .657 .93G.l7 Two hun
drr1 Thousand dollars. ON account of a
trmporary loan. WAS included i'm such
concentrations.
The first augmentation bill pissed nj
this session of the IcuiSIaturr also in
rliltip1 SptNlt1nl ON account tl [llill lem
porary loan. but if excessive appropria-
lions are TO follow. The treasurer. will he
required 10 renew this entire loan. and
use money appropliatrd for This snrcit-
il. object for other burmese.
our existing temporary loan of three
hundred thousand dollar. rrachr. the
constitutional limit. We are precludcd
bv the constitution from erroiing amy
behalf of the State. which shall singly
or in aVrreratr. with ureyious debts and
liabilities hereafter incurred at any one
time. exceed $500 Oo0. rxcept to suppress
Instruction. to reprl invasion or for
prrposos of war"
This loan of s30O. 900 has existed since
lsg0. and il is certainly desirable that Il
payment he made ON the same. and funds
aunronriatrd for such nnruoses should
moi he diverted to mcrt Other liabilities.
created by special appropriations here
after made.
And i'm this connection Won will also
hermit me 10 refer Ia the report of the
State Treasurer, for the wear 1892.
IT will he observed uuon examination.
(page 40 that in the wear lsS7, our ex-
prndturcs exceeded our rccoipts So, 5G3.-
II; for the year ISIS the excess of eX-
prnditurcs over our recent, was $40
0Ol 90; for the year 1889, s30G lO5. 90:
for the wear 1880. SlO7.7l22I
The rcport shows that for the wear
1871. our receipts exceeded our eNpen-
ditures S3l ,937 .i3, while during the
wear 1891 there is AN apparent excess of
receipts oyer pNpendit,lres vet there is
included in such receipts, 1857 7o2 10 re-
funded to the State from the United
States government. ON account of the
direct tax and excerpt for thi. item Of
revenue. there WOULD have been an cN-
cess of expenditures over rcccipts for
the year 1891, of,s322. 1916.
The year 1892 shows an exces, of re-
cepts over expenditures of SlO7. l6G. OS,
and is the first time during the past six
wears that our ordinary income i'm been
equal to our expenditures.
Sound financial and business princi-
piles absolutely require that our rxpen-
diturcs shall not exceed our receipts.
and that the State should have Il surplus
at all times available in its treasury,
1t is duty that is imperative upon
Us. in administration of the affair. OF
the State to practice frugalitv. 10 care
fully scrutinilc all APPROXIMATIONS and
conlinc them Ia the narrowc.t limit
consistent with the welfare of the uca-
pie of the state and its institutions. and
cndeavor 10 reduce the rate of stair
taxation.
The Irpi-lat,lr,a determines the amount