The Waco evening news. [volume] (Waco, Tex.) 1891-1894, 1893-10-05

lecuUnS Tor the next year nave ust |
begnn, after the state treasury has
gone through with the demands of
twelve months for current and ex
traordinaty expenses. In other
words, during August, September
and October the tr. asury has gener.
ally run lower than at any other
times during the year: and the ex'
penses of at least two of these
months are as hesv.!, if not heavier,
than any other two months of the
year. There has always been dan
ger of a deficiency or default in
ayments, more correctly speaking,
at this particular season, mainly
for the reasons named. Generally
BY the middle of Decembet or first
Of January the treasury is flush
with money. Unless conditions
grow materially worse, such will be
the status of the treasury next De-
cember and January.
Considering the low rate of tax
in existence to support the neces
sarily increasing expenses of gov
ernment in its rapid growth, it did
not take a prophet 30 foresee that
perhaps the money in the treasury
at this time of year might net graf
fly the heavy demands on it. This
usual, common condition of the
treasury, viewed in the light
of the financial stringency now
affecting all of the produ
cling sections of the United
States, led every man friendly to
the state government to apprehend
probable deficiency or shortage in
the state treasury, which, at the
worst, could not last more than
: thirty or sixty days; for at the end
Of that time the usual tax returns
from the people would abundantly
, supply the treasury.
With one third Of the money Of
the United States locked up idle
r and useless in the federal treasury,
I and with most Of the remainder of
, the currency withheld from circula.
, ton in the banks l have long since
/. known that money would be scarcer
g this year during September and o.
X. tober among the people than it has
e been for many years. The state
f cannot procure revenue except by
t taxation on the people. The PEG.
n pie cannot pay the taxes when thei,
' produce will bring but little or moth
ing in cash when placed on the
market for sale. Most of the farm
. ers of this state have plenty to ea'
E and live ON at home; and | an
8 proud to say they are able to holC
a their produce from a pauperizec
4 market where nothing but sacrfi &c
d awaits them when they enter it
h If the produce of the country wer'
I at reasonable price for cash, the
a people would have plenty of money
and as consequence the state treas
!. ury would be flush. AS it is, tin
d taxes are not being rapidly paid
Il and as consequent cash in the treas
II ury is low Notwithstanding thi
f we have plenty of money e.
"a pay every one who deals with tn
:, state government, and there will b.
o no default or deficiency in the treas
70 ury unless the officials throughout tn
~ state who have fees and salaries du
"a them during these two months
X voluntarily produce that result
% They are we'll paid for their gel
ID vices; and they know that thei
a. warrants are perfectly good; tina
"a by or before the middle of Decen
% Der every dollar they may have du
a. as fee or salary or otherwis
n. will be promptly paid them at tn
Ia state treasury. For fear that tn
If stringency of the times, the della
20 in remittances of taxes, and tn
n heavy expenses usual at this tim
10 of year to be supported by tn
a, treasury that has been drawn on t
N support the current demands of tn
10 government for many months
10 would bring about temporary sur
4. pension of payment on the part O
the state government, affecting it
-, reputation throughout civilization
O. 90 addressed the following letter t
40 the officials of this state, making
60 simple, honorable request of tber
- - which, if they comply with, wi
o. prevent the apprehended trouble