The Providence news. (Providence [R.I.]) 1891-1906, 1896-01-29
Operations in Full May Be
Resumed in Another Year.
Sale of Orders on Towns and Cities
For the State Tax.
About $60O,000 to Be Secured without
Any Issue of Bonds.

The General Assembly today solved the
problem OF putting the necessary am ount
of cash into the State Treasury without
borrowing.
The joint special committee appointed
to consider the Governors suggestions
that the State raise $500, 600 by a bond
issue to meet current public expenses
made its report.
The committee by way of introduction
states that His Excellency is to be compli-
mented upon the fidelity with which he
inquired into the financial situation but
it completely ignores his suggested
remedy.
After enumerating the many extraor-
binary expenses of the State which had
TO be met in 1895 and emphasizing the
fact that the constitution prohibits the
Legislature to borrow more thans5O0, 900,
which it easily might do, without the
consent OF the people, the committee re-
commend several retrenchments and the
temporary postponement OF some of the
improvements contemplated.
They recommend that 40 further action
should be taken upon the building of the
new Jail for Providence county, the con-
tracts for which have not yet been made,
though the plans have been prepared,
until ordered by the General Assembly,
and that the u~nexpended balance OF the
appropriation for that object be covered
lack into the treasury of the State. They
would recommend that like action be
taken with reference TO the appropriation
for building an armory in the city of
Providence, the land for which has been
secured, except that a moderate sum, not
to exceed 5000, be placed at the disposal
OF the commission With which TO pro-
cure plans, etc.
TIE committee would further recon-
mend that the resolution passed April 2,
1886, appropriating $4,000, the resolu-
tion passed May rs, 1891, appropriating
s100, 600 and the resolution passed at the
January session, 1894, appropriating
IS, 900 for the use of the State board OF
charities and corrections. for the purpose
Of purchasing or acquiring lands ada
cent to the lands owned by the State, be
repealed and that the unexpended bal
ance of said appropriations, amounting to
SIP, 4S3. "A, be covered back into the treas
ury of the State; Provided, that a sun
not exceeding 5000 may be retained by
said board for the purpose of carrying out
any n egotiations or contracts that may
have been entered upon by said board.
They recommend that the sun OF $685.
OH. 81, interest accrued upon the funds
provided for the building of a new State
House, now on special deposit, be
turned into the general fund of the State.
In conclusion the committee max the
suggestion that the State take advantage
of the tax receipts due in June and De-
cember from the cities and towns by sell
ing for cash to any person or corporation
assignment orders on these tax receipts
in advance, so that the treasury may have
the immediate use of the revenue
OF RETRENCHMENT.
Accompanying the report were resolu-
tions to stop further proceedings on the
Providence County Jail and the State
urmory at Providence, TO place the
amount of the interest accrued on the
State House bond in the treasury aud n
resolution to stop the proposed purchase
OF land adjacent TO the state property in
Cranston. There was also a bill for an
act in amendment OF chapter 20 OF the
General Laws relative tn revenues OF the
state.
The first fection of the bill is as fol-
lows:
The general treasurer shall, from time
to time, whenever it is necessary, in order
to provide funds for the current disburs-
ments OF the state, make and sell for cash
TO any person or corporation upon such
terms as seem to him TO be for the inter-
est of the State, tax assignment orders,
payable to order or bearer, and which are
hereby made negotiable, OF the whole or
any part OF the semi-annual installment
OF the state tex then next to become due
md payable from any town OF city, and
Continued on Page 81