The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-09-04
FINANCES OF THE ISLANDA
Management of tho Public Revenue OF
Cuba and Porto Rico.

Cuba and Porto Rico.
WASHINGTON. Sept. 3.-Acting Secretary OF
War Meiklcjohn authorized to-day o state
mont showing the rules and regulations gov
erning the collection and expenditure OF
moneys received In the islands Of Porto Rico
and Cuba. All collections and expenditures
are made under the authority OF the Governor
General OF the island. There is assigned to
each OF the islands nm auditor and two as
ststant auditors. 1t Ia tho duty OF the auditor
to issue and personally to sign all warrants
for the payment OF moneys by the treasurer.
which warrants shall be transmitted to the
Governor General to be countersigned by him.
Public repositories have been designated by the
War Department to receive all moneys paid
in from the revenues OF the islands. In Cuba
there is depository at Havana. with branch
at Santiago. Moneys collected from the Gus
toms and other sources OF island revenue are
deposited at these places and paid out only
upon warrants issued by the auditor and
countersigned by the Govcrnor-G One
assistant auditor is assigned to the accounts
relating to the post offices. and another TO tho
accounts PERTAINING to the department of
customs.
Revenue Is credited undor the following
heads: Customs receipts. postal receipts. in
ternal revenue receipts. and miscellaneous re-
the War Department monthly IN account Of
the condition OF the funds in his possession.
and a statement OF all disbursements. together
with an abstract accom- panied by the vouchers
therefore. The officers or agents authorized
to receive and collect money are required to
pay the full amount received and collected to
the treasurer. and to render to the auditor
monthly accounts.
Regulations for advances from funds in the
hands Of the Treasurer. for paying necessary
and proper expenses chargeabe to the reve-
nuss Of the islands. can be m nde to defray tho
necessary expenses for ono month. Each
requistion must state upon its face. the parti-
cular fund or head OF account under which the
money is to be disbursed. and In the matter OF
allowance OF acquisitions and the issuing OF
warrants for the advances. the approval OF the
Governor General Is made flnal and conclusive
The Treasurer receives and keeps all moneys
arising from island revenues. and credits the
moneys received to the different accounts OF
the Department OF Customs. Department OF
Post Offices &C. The accounts OF the Treasurer
are kept in the money OF the United States.
and all payments made to him 10 any foreign
coin or currency are reduced to money OF the
United States, The Treasurer renders monthly
accounts OF tho receipts and the expenditures
OF his ONCE. and submits the same to the Au-
ditor for examination and settlement. not later
than ten days after the expiration OF each
month. The Treasurer Is further required TO
forward to the Secretary Of War. not later than
ten days after the expiration OF each month
q full and complete report OF all moneys re-
ceived ny him. together with an itemiEed
statement OF all disbursements.
In addition to these safeguards the Cover
nor-General is required to make quarterly, and
oftener II deemed necessary. an examination
Of the books and accounts OF the Auditor and
Treasurer. and a comparison OF the results
shown by the same. and also an examination
and count OF the moneys In the hands Of the
Treasurer. and submit his report thereon to
tho Secretary OF War. Should tho Governor
General regard the amount OF any requsitlon
as excessive. or any item as improper. he may
approve the requisition in such sum as shall
appear reasonable and Just.