The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-10-16

In tho Post-Inselligencsr Of yesterday
morning sn dsnoane.ng the PopulisSic
Juggling with the figures representing the
states finances, in the attempt 10 make
on: that the state was enormously IN ceb:.
the figures as to the amount OF money on
hand IN the treasnrer's office was gwen
at ss7.ooe. and tie amour; OF money 10
the credit Of ihs tide land fund at $4,000.
The figures ware taken from estimates
made BY the state officials some time ago.
Altar the editorial was 10 type. the report
OF Tho state treasurer was received. from
which II appears that the present amount
OF money On hand IL sIss s7s.5l As this
money was largely received from taxes.
the results On the balance sheet viii re-
main unaffected The excess amount IL
SIMPLY 10 be deducted from the item OF
due from taxes and placed under the
item cash on hand
TIE figures OF the treasurers report,
published Ii the columns OF the Post-In-
seiligencer yesterday morning. on the sew
enth page. also furnish complete and
absolute REPUTATION or the PopaAstic SLAM
der that heavy amounts OF money are KEEP.
They show that OK the whole aggregate
amount oa,ysi Is available :or use IN re-
firing outstanding general fund warrants
Taat during The quarter just expired $780,
is5 has been received for this fund. and
s-l3,so dl<5ursed in retiring warrants. The
y L..
over s2.oo0
OF tia money on hand. BY far the greater
portion Is entirely unAvasilng for use In
retiring outstanding warrants. There Is,
fer example. yss.sisss in the tide land
fund Net a esat Of this money can De
uss: ey the state toward 3efraying it's ex-
2enses or retiring rs warrants under the
present law. The s2s,31 OF current schoo,
funds is in th- same category. because this
represents the find which is to be Dis
trIAuss4 pro rata among the various ooin-
ties. Al os the other funds are equally
Unavailable Moneys collected by taxes or
safes OF pablie lands for specific purposes
canDo; be diverted tro-n the purposes Tor
whsca they were collected. 10 be used FOR
other purposes wiShou; warrant o. law
They. however. fern a portion OF the as
sets OF the state. ana have place in show
ing i,s financial standing.
Considering the depression Of the c..,
few years. ana the fact thai ex2enssa lures
by The legislature We're 20 a considerable
extent based ngSon ansfctratsons that the
state would continue 20 Increase in poou-
lst2oa and wealth II st least a. high n
rata s-s II was doing during TIRE preceding
years the states Frances are IN a re-
fEarkaSsy healthy condition The long
CaFssinissnee OF The depression ana the con-
s~eaers decline In the -ecesrts from tax
alien .soa.1 not reasonably have been ar
ticxpatea by TIE Legislature. any more than
they were aniicspated ey other business
s'asa ~ the community. IS Ia stats oase-
ers. thesr Gaty. "a Tar as ire me- nassrrssrt
- ere public Funds Is concerned Is condn-
&c 70 reoesvs-g them. wh.a rass n. pur-
s1Aa: 20 laws enacted hy ths legislature.
ana 20 assosrS.nE sss-n Ger purposes which
the legislature aasAa<tx~s- They have no
Scscc IN axing either re amount o. The
sszte,s income or the asnoua; % ;ae stass's
Disbursements