The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-08-11

ursf fO@9E.
ozyEc4a War Aug. !. isSs.
70 ira E*sso-. IN r~r<- - year cf-er-
s-g re zpaes Il which 80 -e-sy 20 RE
3&z1ag.-x s.a-eso@Ees rszSe lxtsly = yc1-
paper n -esz-@ - sAs Eszrer = wssc1
TIE stasA s-sax--e-'a ozees 3 being -E-.
Tsz say.
First. shzt .ae statement TIA. he rnor-
ey Sc Es-x ceg-tr Tor -Se quarter ssss.-
t-g Decsrress- =. Iss 81 rce -sach King
co1nry uzssi Aprs1 =. $50. Is zrrrres TIE
sssse auditors s1.sxs skew thar q warrant
arr Ire sr~asg-~~s rnoas sAcw !. was
casaee February {, -sn- TIE statement
WAS also mate that E1-g ce9nsy had roe
reserved &C Tnsy = SAet- part 90 rAs
ss-A,-s superintendent for Ar-1L This al
- fs essse. AZ can ee r-1ser ~ ias
books q beth she an5it1-'s a73 Ers@s-
nre-s ctses- The warrant for sad -
rc~,so.ne1r WAS issued April - ssss aid
was casss1 April y 1s1-- All warrants
q this class are paid or r-sssn sarscrs-
TIE s-zssrsses w4s slsc maze tsa- ws
received RE scsoc: zncaey frcm ea-1
ecs2-ty promptly AZ ire <rs % each c1z--
ssr. ard tsa Hos 1ssbu-se & WITH tA@ Eexc
quarter. Al moneys received during ere
quarter are aishzrs@si ~ The s-E - the
quarter a<tar our quarterly statement IS
made 20 ths aE6stos. CE- reports are
made March a. yaze - September " ard
December n Az moneys vScsaved Dur
ing fhe months K IaEaary. February a1i
Az-e5 are dts61rsed II April ard ali re-
eetved in TIE secord quarter ars dassw-sei
IN JAY. Nearly every co1nty treasurer
II tia state sends the rac1ey dae the
state tcss as fast - be collects II. ard
Ne ara ersahsei 70 dissGrsa II AZ the end
Of tie quarter n which r - collected
but vae-e county tre2sare-s persist ~
holding money due tbs state urr.l
sight DRAFT II drawn CT them. after Tire
end 81 the quarter, We are zEacse 20 dis
tribute .hs nozsy Until after oar .ext
GsAgtsyay report, and lie blame ~ entirely
with .he county treasurer WHO holds ssssa
no1sg. II s1ch case, the county treas
Erer keeps the money IN bank for three
months. ard otatges Is 90 keep Il in a
bank Tor another three months. whereas
x be sen. y even ca the 5sth q the LAST
month IN TIA quarter IL whicss Il Vas col
lectet ve would - asle 70 GisSurss IL
immediately thereafter. HAD the treas
gre- o. ktrg county ser; Ia his So. 80,
which ha hass n tbs current school fund n
June. instead Of waiting 70 be Drawn On
for that amount in yriy. there would have
been Asasa more 20 dlsharss among the
school districts OF tie sEatS this SGzrTsF.
As Il IL. King ccGary gets She eeneF, q
what other counties have collected during
ths last quarter. and the csher counties
get tre benefit Of what King ccSIr.y -e-
cesvei during The arse quarter Of TIE year.
Had King county sent It's money belong
sng 20 the general fund when collected
the state would have saved interest also
or 81 1a % general fund warrants FOR st
least three a1oatas-
The state treasurer cAnno. Eosd money
IN any cash fund after warrants are drawn
and presented and the state auditor has
charge OF the hocks OF the state and draws
All as I'D
treasurer cannot pay out money In aay
way except on warrants properly drawn
Another allegation Is thai me treasurer
Is holding large amount Of money IN the
tide land fund which should De invested IN
general fund warrants. About ssa.gso has
already been invested in general fund
warrants aa3 that - seoG, al the states
proportion OF said money, according 10
s1xEe laws which have been passed. but We
stand ready TO invest any or al the ball
ance OF said money In warrants whenever
the employees or creditors % the state ara
willing 20 sell their warrants 10 Us az par,
and the law expressly fo-bsds Us paying
more
/, is claimed that the various counties
are holding large amounts OF money await
ing the requiSll4on OF the state treasurer.
This is no, true. Nearly every county In
the state rslnitted ali balances due the
state q. the ED OF the quarter wtthoSs.
WAl[1ES Igf \ SlxssI IF&It~ AID very lew
counties had any balance on hand belong
ing 20 the state. All the treasursrx OF
large counties like Pierce. Spokane and
Whitman send II their collections OK state
money az leas. oaee a month and most o.
tia small counties do likewise
Il IS also stated that the trelsurer's
clerks are sending checks over the state
for warrants I have b1t one clerk, and
he has the reputation os being an honest
man. IL he IL doing 3 warrar. tobosng
business 90 TO. know IL. ard viii pay
you for any informa lion you VIII produce
20 prove he IS doing SO. and VIII also dis
charge him
Cash warrants are paid with cheeks:
all called warrants are paid witA checks.
ard warrants bought Cor either the tide
land fund or the permanent schcoI -uud
are also paid for with checks from this
Office. No other warrants are paid fer
with checks from this Office. nor from any
one IN this Office nor IN any way cor
rsctsd with Il
Az the preser. time warrants are bring
ing ] per cent. premium, and very few
people care 10 sell their warrants AZ par
for the he-sSs os the tide Land or y~ernsa-
reue school fund when they can receive
that premium. although every sios OF per-
rsaaen. school fund Invested In general
tund warrants will save the state SO ID
interest Or IN taxes.
Thanking you for the privilege Of an
swe-trg rhe charges. ] am your truly.
c. W. YOUNG.