The herald., 1895-01-10

taken by dealers, and an enha need price is the
result. BY permitting this o1icia t. use the
money received from the snle OF such paper in
continued purchases as required, there wouli
always be money on hand to enter the mar
kets with ce tsinty of cash payments.
On the death of Mr. Waite | appo nted Mr..
Albert Hart. n gentleman well known in the
state and who has occupied many prominent
and responsible positions.
CONTROLLERS REPORT
For proper understanding of the financial
condition of the state it is absolutely neces-
sary you should carefully read this report.
Without that know edge which its contents
reveal il is not possible to give intelligent con-
sideration to the business management of the
states fiscal affairs. This report, in connec-
ton with that OF the state board OF examiners,
is the most important OF any which will be
presented for your review and elaboration,
Particularly do call your attention to the
suggestions on page o, as to the annual reports
OF his office; pages II to IL, ss to resources
and per cent OF receipts and expenditures.
His judicions remarks on the exhaustion OF the
general fund page 18) but affirm what have
so often expressed that you should familiarize
Its ideas for prop precautlon In legislation:
fund, and il these intim lions are acted upon
there never will be. The cause of such ex-
haustion is the pernicious practices OF making
appropriations Immediately available that
shonld be compelled to await the levy and col
lection of the revenue 10 meet them, wit lout
interfering with the fixed charges of the state.
Remove the cause and this baneful effect will
i also call your attention to his very clear
and sensible remarks in the matter of the sale
of property for delinquent taxes, to be found
on page % OF his report. VETOED bill eman-
ating from the last Legislature on his statement
OF its effect on this subject. His opinions
thereon are based OH practical knowledge and
should be read.
ON page 80 he has given full expression on
the question of estimate OF expenditures,
which trust the committees on ways and
means and finance viii critically examine, for
they have been most carefully considered.
His honesty and intelligence in this respect
have won my respect and confidence and
should win yours.
AS to the commissioner of public works,
ON same =, page 10
time of the approval of the bill creating the
commission, was that the same should cease
with the legislature, and that its objects would
be fully attained by being able to lay before
your honorable bodies a feasible scheme for q
systematic plan of reclamation that should be
uniform in its effect without further expense
The request made by this department. for I'D.
ditional facilities in the matter of filing away
constantly and continuously accommodating, is
one that is imperatively n-eded. Every labor
saving device should be allowed all the Off
GERS, especially the controller. Tie reasons
given for this requirement are cogent and
earnestly recommend an appropriation suf-
fcicntly ample to answer this most Urgent ne
cessity. p
cannot close my remarks without publicly
acknowledging my thanks to Controller Col
gan. MS worthy deputy, ana MS efncfcnt Clerks
the promptness and readiness exhibited at
all times in answering the calls of my depart
ment. am aware have very often tres passed
on their patience and tested their knowledge
on matters pertaining to their respective posi-
tions but have never found them wanting
in either
~ - STATE TREASURER.
There Is little that can suggest to you at
this time in reference to9this office that did
not say to the last legislature. Treasurer Nc
Donald has justly earned an enviable reputa
ton in the discharge of his official. duties
On pages 4 and 5 OF his last report will be
found his recommendations and as thay ara