Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1895-10-17
Registering Warrants.

Last week the Dispatch fred great
chunks of law at the suggestions of
this paper that county warrants
should not be registered. There is
no dispute about the lac, and the de-
cision Of the learned judge probably
goes, but is it not sometimes 10 the
interests of the people to have the
law set aside for emergencies? We
have before us a report of one Of the
most conservative banks in this sec
ton, a bank that is as solid as the
rocks of Gibralter This statement
shows that on a certain date the bank
had ia cash $12,032 81, and owed its
depositors S29, 1877 o. Thus for every
dollar on hand it owed about So 80.
Phillips county at about the same
time owed $4,000 in registered war
rants and had on hand about $4,000,
or about $3.50 for every dollar it
owed. This $4,000 belongs to all
funds, but the general fund is COM
PEELED to make up all shortages. If
it is safe for bank to run on the fig
ures shown above, it is safe for the
county TO ruu on the same basis. Or
take 1t another way the county gen.
eral fund owed about S33, 900 and had
in cash $24, COO II is not supposed
that every dollar IN either county or
bank will be called for ut once. So
that if bank carries but one dollar
for every So so that it is liable for, is
it not perfectly safe for the county to
do business with one dollar in the
treasury for every 81 rs it owes.
Several times the present county
treasurer has violated the law in the
interests Of the tax payer, and in one
case at tue expense Of the county, and
we wlsh 10 commend him for 30 do
ing. Now he has another chance and
we would tie very much pleased to
commend him if he would be wise
again. The laiO says that property
tax warrants must be issued in Janu-
| ory lnt III, nn,,, r,tesionor. rooon,
mended delay, and the treasurer
held off until July In doing so he
favored many a man. The poor fund
at one time had not money enough to
pay all demands, but it was pro rated
out. A warrant for forty per cent of
claim was issued, and paid, and
another warrant was issued for the
balance, and registered, although at
the time there was money in thai
fluid. This was done 80 that the
money would be distributed among
many instead of getting Tito the
hands of a few, and the treasurer was
justified in doing so, although every
warrant so registered carried a false
statement on the back of It,
The Dispatch of November, %,
1894, said;
The report Of Mr.. Moore which will
be submitted tomorrow, will show
that the county general fund is
over pad $l1,S4491, and that there is
not money enough in the treasury to
pay the amounts due the various
funds, which shows that the money
which has been paid out in excess of
the general fund, has come directly
from the other funds. There is, hotv-
ever, nothing to be feared Jy the
Townships and school districts, for
there is enough sinking fund and con.
demnation money IN the treasury
aUhich lCill not be called forfor a long
time, to make 10 safe for the treasurer
TO pay the demands Of those funds al
all times iUhen made.
The above appeared in the Dispatch
of the date gwen, and gives the situa-
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