The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-02-16
HIS RESIGNATION ACCEPTED.
NO EFFORT BEING MADE TO RE-
SCIND THE kIICHLI AMEND
MENT.
THOMPSON TO BE TREASURER
Report of Experts Shows the Con-
dftion OF the Treasury to be
Serious.

| durham was the only absentee.
After the usual preliminaries the
clerk read a communication from Wal
! lace u. Nye to the city council declin-
ing the appointment of city treasurer
unless the requirement of a personal
bond be waived. The communication
expressed the high appreciation of the
writer of the honor conferred upon him.
! Since his appointment he had care
| fully examined into the duties of the
| position and had become firmly con-
| WINGED that the best interests of the
| city lie in the direction of placing a
few necessary restrictions about the
| conduct Of the Office and then placing
! the officials under bond furnished by
some good fidelity company. This sys-
tenn had been and was in existence in
other cities and had worked satisfac-
torily. In Minneapolis, however, the
treasurer was required to give a bond
of 100000 and in addition thereto a
personal bond signed by individuals,
who must justify in an amount equal
to the entire bond required of the state
treasurer. Such a bond Mr.. Nye
thought unnecessary, and he did not
care to ask any of his friends in &C
tive business to increase their bur-
dens simply in order that he might
secure an advance in salary. He must,
therefore, unless the requirements of
a personal bond be waived, decline the
| appointment. The communication was
| ordered filed.
G. J. Minor and thirty-nine others
! presented the following petition, which
was read:
1--WE. the undersigned. residents and tax
| payers Of Minneapolis, have fully considered
the advisability of bonding our city treas
| urer and other city officials with bonds Sc
| cured from security companies, and fully be-
such bonds. of the opinion that bond
signed by Individual citizens should not be
| required. We are of the further opinion that
| individual citizens should not be called upon
| city funds by reason Of the failure of
! banks and other banking institutions, in
which funds may be deposited"
Aid. Kiichli's promised petition also ma
terialized with the signatures of $50 Of the
business men Of the Third ward. The petit
| TONERS asked that the Kiichli amendment be
not modified: demanded an examination of the
affairs of City Treasurer Hangar; objected
| to the increased taxation arising out Of the
! cost to the city in securing fidelity bonds
| for it's treasurer, and finally Directing to the
| salary of S. 900 to be paid to the city treas
| urer.
The council committee en- ways and means
reported the result of its investigation into
certain alleged irregularities in connection
| with the city comptroller's office, presenting
| Herewith a communication from City Comp
troller Nye, explaining the alleged wrong
doing as outlined in motion made by Aid.
| Shepiey at a previous meeting.
Aid. Shepley Immediately moved that the
matter be referred back to the committee on
! ways and means, but unable to state for
| what cause he desired such action. Aid.
! K.ichli seconded the motion, which was lost
on an aye and nay vote. A motion to ac-
| cept the report of the committee was then
made and adopted.
TREASURY'S CONDITION.
The report Of the committee on accounts
Of city officers, including the report of c. A.
| Nimocks, relative to the affairs Of City Treas
| urer Haugan, was then presented Mr.. MINI
ocks has been working upon the report since
Jan. 27. and had been able tc but partially
complete It, The report showed the accounts
Of the treasurer to be correct and the condi-
tion If the treasury Dec. 80 as follows:
Cash on hand in Office. $9,528.82
Bills receivable and money
unaecounted for ........ 1881 10 $50, 42S 90
| Deposited in banks ................ 399, 1897. Is
| In solvent banks INSTRUMENTATION. 81, 1856. 73
.S5
The banks which have failed in which city
| money is deposited are all in the hands of re-
ceivers who have the confidence of the peo-
| pie. The deposits in most Of these banks are
| secured by personal bonds In addition to the
| treasurerS bond.
1t will be seen by the above that tc make
up any deficiency in treasurer's accounts the
| city will have four resources: From receiver
| bank dividends, from stockholders CT hanks,
| from bonds given for deposits, and from city
| treasurers bonds.
ic f1U in hn ,Nf hn
county treasurer large sum Of money be-
! longing to the city. An effort was made
to enact law in 1891 to require the county
| treasurer to settle for all taxes collected
| at the end OF each month but such Con-
| struction is now put upon this law by the
county auditor and treasurer that settlements
! on delinquent taxes are made but once in four
| months. There is no reason why this law
| cannot be SO charged by the present legisa-
ture that settlements shall be made daily
and ali moneys collected ore day be paid over
| the following day to the city treasurer.
On motion of Aid Kiichli the report was
referred 10 the ways and means committee,
| with comment.
Through the ways and means committee,
| Mr. Nimocks also reported that he had ex-
amined the books in the city clerks office
during the six years that office in charge
of Mr.. Haney, and had found that all fees
were properly accounted for. The system,
he said, in use there during Mr.. Haney's
term of office made it impossible for any one
to practice fraud and he complimented MIR.
Haney upon the general excellence of the
affairs of the office. On motion the report
was adopted.
At this juncture Aid. Rand arose and asked
to be informed if Mr.. Nye had yet qualified
as city treasurer. He had not been present
during the reading of Mr. Nye's communica-
ton. He understood that Mr.. Nye had only
until midnight in which he could qualify, as
the ten days would expire then.
'Mr Nye has already announced his in
tention of not qualifying explained Aid.
| Webster, land the election of man to fill
the Office of city treasurer is therefore in
ORDER
This came as surprise to many who had
believed that the Republican members of the
council would make effort to at least
rescind the Kiichli amendment.
"Then," said Aid. Rand, in view Of these
facts l move that the council proceed to the
election of a city treasurer"
| Upon the adoption Of his motion, Aid. Rand
again rose to his feet.
Now, Mr.. Chairman" he began, II have
the pleasure and honor Of placing in NOM
ination for the office Of city treasurer of
Minneapolis Joseph H. Thompson, the same
man whom / nominated about two weeks ago.
| / believed at that time that | had named
the right man, and still believe Mr.. Thomp-
son to be the right man. Since that time,
however, I have taken particular pains to
consult with a great many business men of
our city, and / find that the selection of
Mr.. Thompson meets with general approval.
He has told me personally and has told others
that he can and will qualify, and for these
reasons hope that the selection of Mr..
Thompson will be made unanimous
AID Elliott had known Mr.. Thompson for a
great many years, and took great pleasure in
seconding his nomination.
The name Of Frank Holton, who came an
very near to the office, during the preliminary
skirmish up to Mr.. Nye's selection was then
put in nomination by Aid. Durham Colburn.