The state republican. (Jefferson City, Mo.) 1871-1896, 1895-01-10

declares that the interest fund for
the past two years amounted to
81, 1855, ,S68.64, while the revenue fund
aggregated "a, ,034, 1881. .46. He places
the actual ordinary expenses of the
state government during the pkst
two years at s2,27e, ,2sO. He
lRet1ne eae.s snse \
u1uss1sr ~ ~ n
rent sxpensss, Including the public
school moneys, at %, ,754, $780,
The governor recommends an in
crease of $4,000 in the national
guard appropriation, making it $35, !
600, and plays high compliment I'd
the militia of the state. In connec7 I
ton with this matter he says:
The presence OF an adequate and eff !
cient force Of this kind removes all excuse
from the employment Of the regular
army in purely domestic affairs. 1t was
never intended by the fathers that the
federal military should be used, with
out invitation, to do, or aid in doing,
those things which are incumbent upon
the police or civil authorities OF the
states. The theory Of our government
contemplates that our chief reliance for
a military force shall be upon the militia,
which is national as we'll as state
organization. 1t is always TO be greatly
hoped that there will be no need to
employ the military, but when the neces-
sity does arise it is often OF the highest
moment. The present force is not large
enough to meet any probable contin-
gency.
The governor calls for an increase
of $4,000 in the geological survey
appropriation, of 81, 500 per year for
an inspector of mineral mines, and
for $4,000 more for the schools and
$55, 700 for the eleemosynary insti-
tutions.
The governor places the criminal
costs deficiency at 100000 and
estimates that other extraordinary
expenses will aggregate $42S, 900,
making the total expenses $40, ,92O
below the receipts. He holds that
this is too narrow margin and calls
for provision for increasing the rev.
enue.
The bonds retired during the two
years aggregated 1854, 900, leaving a
balance of 1886, ,538.48 to meet
maturing bonds. The interest fund
for the next two years is placed at
81, 100000 and the interest accruing
at $883,955. The bonded debt of
the state now aggregates $6,016,0 900
-$930,000 6 per cent and $5,0S6,-
900 3la per cent bonds. He esti-
mates that with the present provis-
ions continued the entire debt will
be extinguished in five years.
The other increases recommended
are board of geology and mines,
$4,000; public schools, $4,000. The
extraordinary expenses are esti-
mated at 1928, 600, divided as follows:
Criminal costs deficiency, 800, 900;
all other deficiencies, $4,000; mis-
cellaneous appropriations, $40, 900;
extraordinary appropriations for
eleemosynary, educational and penal
institutions, $2SO,6OO.
Gov. Stone says that the revenue
will be barely large enough to cover
the important appropriations recon-
mended, aud therefore if they are
made there must be an increase in
the revenues provided for.
The state debt amounts to $8,O16,-
900. "It consisted" he said, "of
$3.50, 900 of 6 per cent bonds, and
s5 5,Os6,O0O of 80 per cent option
bonds. OF the per cents, the
entire amount will mature during
during 1s95-96, except $1,000,
which will mature July 1, 1897.
Including the balance, $3.50, $685.
remaining over unexpended in the
sinking fund, as above stated, it is
estimated that the total sum available
for bond redemption during the
ensuing two years will aggregate
~ 49,, ,S8s. sabtsaetipg this sxnoune
from the total debt outstanding Jan.
/, 1895, there will remain tine sum Of
"a, $50, AIT, which will represent the
total bonded debt remaining unpaid
at the close of this administration, on
Jan. /, 1897; and that entire debt,
except $11, 900 will consist of bonds
bearing only 31a per cent"
Touching the public schools, Gov.
Stone says:
For the support Of the common and
high schools, permanent funds have been
provided, aggregating sl0,S64,5 ,569. OF
this, "a, 141, ,638 are represented in certih-
Gates OF Indebtedness issued by the state,
and the remainder is represented in
county, township and district funds,
loaned out by the oouaty courts on both
real and personal security. The interest
arising from these several funds, aggre-
eating nearly s11,00o,0O0, is annually
distributed for the support OF the public
schools. In addition thereto, one-third
OF the State revenue is devoted to the
same purpose, and local taxes are also
levied by the district directors. During
the year 1894 the sum Of S7,4l7,64l was
collected, distributed and received into
the treasures Of the maintenance OF the
common and high schools Of the state.
The available permanent school funds OF
Missouri are the largest Of any state in
the Union. No state has done, or is doing,
more for public education through the
agencies Of the common schools than
ours. And feel safe In saying that no
fact In our histr,rv dnae mora IN honor