Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-09-30

that act had been urged for this pur-
pose and none OF the treasury notes
insured under the act had been can
ceiicd."
Tho administration has elevated the
standard OF official accountability; 1t
has. given heed to the mandate OF the
constitution that the laws be latin
fully executed, and BY It's action pro-
claimed that this shall continue gov
eminent OF law and order. Though
embarrassed by Republican eNtraNa-
guncc and unwiBe financial legislation
and consequently compelled to resort
10 measures dlHtastefui TO II, It has
preserved the public credit and the
public faith; and thus It presents for
the considerate judgment OF the coun-
try a record. though IN some details
not in accord with Individual views
that should commend II TO every pa
triotic cfslzen and notably TO every
Democrat not merely seeking n pre-
tense for change OF party allegiance,
Among the subjects OF future action
none are more important or deinan1
more careful attention than the hscal
affairs OF the state. For the year enu-
ing August 3lst, 1898, there was a re-
duction OF EXPENSES compared with the
preyious year OF Si27.IOs.02, and II ID be
ileved by the comptroller that for the
appropriation year ending FeDruhiy
18th, 1885, our expenditures, Including
lions OF 5000 900, will be $l29,1ll.SI less
than the preceding year. Notwith-
standing this extraordinary reduction
OF expenditures. the condition or the
treasury Is serious. ON March lst'
1894. there was In the treasury 70 the
account OF general revenue. Sihb95Vo.
IL is estimated by the comptroller that
the receipts from all sources for the
year ending February 2Sth. 1875, VIII
be 81 1875 600 which added TO the cash
on hand will aggregate S2,l72696oo,
and that the disbursements for that
year Will amount 10 81, OOO making
a deficit of $l27, 306g5, which added to
the estimated deficiency in appropria-
tions OF 100000 Will create total de-
fcit on March LIST. 1896 OF 1921 ,3069o.
The tax rolls OF 1894 received 10 Sep
TENDER 18Th, show a net decrease OF
Sl2.Q0000O, and II continued in the same
ratio there VIII be total net de-
crease In the taxable values OF the
state for the present year Of S220OOOJo'
This condition OF the treasury Is not
ths result Of extravaganza or misnun-
agement but arises from the reduction
OF taxation from ~ 10 10 cents, the
payment OF deficit OF $l62, SG6,26 from
this preceding administration and S2iS.v
700 OF the public debt; the present prac.
tice OF supporting the department Of
education and the normal school FUND;
the absence OF the customary yearly
Increase In taxable values, and the
49, ~ nv 80 81 1i'N,'u'N' M,
uruN ~ Wy sa"Wt" "a ~ 49,, ~
"l"Vuh I'LL a. ", ", 't,,.,.l
able as a part OF the general eXpendl-
lures Of the government, would alone
discharge the expected deficit on March
~ io'y, anu leGNe aui piu' Va 49,,
oo',o', AZ ~ VpnlVu' til"' ~ 4" 'u.h
nHu bl1"lhb htnte INV V"l wv NJ.
peuSe Oh bIEc' ililene VIII III
Nllu bIa"uulg ihele"Se az ',,a VII VII
continue uhut we al1aih our iu iIh
9tVNtt a." =" f,Nf''s W 80 ~ -
ulrsot inc "m'its OF tne hIa.e wy. ~, ,n
TeeNehue OF iipue.oh nun lnV3e VI tne
uHlou WIN th' rtCvlpts VI lhdt bVNe
vsili,yht uiluci etusG "
thls tue cNPehuitures VI euul nIiii!.iliiliIa -
ttAton on iour years hhS usuully ~
Scvu.u the pISccuIhb ohi' Sltel tli'S
netetotoro uils increase oI sNpyi'Sv1
nus ptvh TO some extent p,VVueu toF
py tns Increase OF our taNhple Wehlth,
~ uiuatralhg TINS u may De noted
| that ne aHHesse1 Nalues OF 1851 eA-
eee1 el those OF $3.50 s'o'OsvNoo' ald ~ nose
~ te'V tNgycu thosv VI Ioov So@,9op'Sl''
80 th9t with me same lailp OF taxa
lpH tHtIc was gum IN the revenue
70 nnuet the Nuuiuohh lehahus, Lsut
py reason or me nhoheial depression
MhlNh mas tNlsleu since levl the in-
No :, $3.50 80 - 1919
years IN lo9S the increase was map
| preelapie, amounting TO only Sgb.dlh
IN lsN5 S2p'el9'lVo ana IN lSgl there Is a
probable decrease or SS2OOQOOO. From
tlls sta'eineht " Is evident that con-
| ttohteu with deueit OF SSGfdOb9b at
/ me peslhning OF inc next appropria-
llon year. coupled win the time re-
/ lulrtu 70 ioNy ana oollect taxes with
Mhleh 20 meet constantly necrulng de-
n3h9a Tor mat year the government
/ Wut De seflyusly einpafrnssed, ana FOR
I mat HA wen ms lhe succeeding year
,he ISSUE OF reducing expenditures or
lne,easlnk me rate OF taxation Tor gem
eral purposes WIN be Sharply presented.
um opposed To an increase In the
thle or taNatlon Tor such purposes I'M
lehs lnperutlNely necessary TO conduct
w eihvieut government upon the most
Svohonleal n0sls when can be deNHod.
~ 10 true me present rate Is believed
20 pc the lowest or any state In the
Nn'"n, put II should be borne In mind
.nu' we alSo nave the general school
YAK throuEhout the state and heavy
ioeAl sehooi ana municipal taxes. These
.aNsH, 'ose'her win the fact that all
Nulues are uepresesi and mat the
sle'I oody OF the people feel the pres
surS OF ueDl ana entoreec economy.
,vn3ucr lurthHr burden lndetcnsible