The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1894-01-10
FINANCES IN A BAD WAY.
YET THE STATE BOARD THINKS 1T
CAN PULL THROUGH.
address of President Omcer and the
Secretary's RePOrt-The Financial
Condition of the State Board of Ag-
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The forty-second annual meeting of
the delegate state board of agriculture
began Tuesday morning at $50 o'clock
President Officer was in the chair. The
attendance was fair, but not large, a
great many OF the members putting OFF
their arrival until the second day, that
being the time set for the election Of
the members of the state board of agri-
culture and Of officers.
President Officers address dealt with
the state fair. He said that it's failure
financially had been a surprise to him
and the other members of the board.
They had been we'll advised, he thought.
TO hold the fair and the fact that IL
proved so disastrous could not have we'll
been helped. He attributes its failure to
the prevailing hard times, the worlds
fair and the G.. A r. encampment. But,
he said, the board had survived a much
greater loss before and would be able to
survive this. In 1876 the loss was 81
per cent. Of the expense, while this year
It was but 80 per cnet.
He suggested that there should be rad
teal changes made in the rules and
classification Of the premium list. He
advised that q committee be appointed
10 prepare such a revision by examining
the present methods employed. investi-
eating those OF other fair associations
and by considering suggestions from ex-
hibitors. This committee ought to re-
port not later than the middle of March.
According to the suggestion a motion
foT Cd
of c. A. Downing of Greenfield. NJ. S.
Claypool of Muncie and Robert Carrick
OF Clinton county was appointed.
The president appointed w. A. Banks
and J. NJ. Sankey of the board, John
Childs and w. w. Morgan from the
delegate board and Alexander OIiphant
of Pike county IS d committee on Gre
dentials.
Secretary's Report.
The report Of Secretary Kennedy
recommended the establishment of
bureau Of agricultural statistics in con-
nection with the state board of agri-
culture. Other states, the report said.
had means Of gathering monthly or
quarterly statistics from every township
and these were compiled and sent out
free of charge to any who were inter
ested enough to have their names placed
upon the mailing list.
The report continues as follows:
Before 1 shall attempt a financial
statement of the affairs Of the state
board for the year 1898, it becomes my
duty to take you back 70 the statements
made TO the delegate state board las
year. Before doing this, however, I de-
sire to say that the year then closed,
1892, was the busiest year in the history
Of the state board. The purchase and
equipment Of the grounds, a liquidation
Of vast Indebtedness and a great vari
ETY. Of duties and labOrS, doubtless had
tendency to confuse one and cause him
10 lose sight Of some matters that should
have been stated at that time But the
statement that I desire to direct your
attention to is this: Those that were in
attendance last year viii remember that
it was stated the state board had pur-
chased thirty acres, improved and
equipped it for a fair ground had paid
a stated amount on old claims, etc, and
that the board still had sufficient funds
10 purchase the remaining 134 acres, be
out Of debt and have a comfortable bal
Rnce in the treasury. 1t did not take
many days to develop the fact that this
was an error, and that if the board had
paid all outstanding claims and pur-
chased the 134 acres mentioned, they
would have had a debt of approximately
$4,000 Then this explains why we are
still leasOrs and prepares you for the
statement Of the finances Of the board
for 1898"
The total receipts for the year. in
Guiding the balance on hand from the
last report, was s119 009 So The total
expenditures were S11S.05s.33, leaving
a balance in the treasury of S95O.52
The statement of the finances OF the
state fair was as follows: