Omaha daily bee., 1899-12-10

| governors office today and all were placed
\ on file to await consideration by Governor
| Poynter after he returns. kilograms poured
| in from all over the country and every mai
| brought huge pile OF letters relating 10 the
! senatorial vacancy.
1t was rumored here today that the sup
porters OF Hitchcock would ask Governor
Poynter to request William " Allen to
withdraw from the race. Adjutant General
barry, who has been with the governor al
most constantly since the senatorial vacancy
occurred, will visit Madison Monday and II
Mr.. Allen is at home will probably consult
with him concerning his candidacy for the
appointment. General Barry left the CITY
this morning and it is possible that he may
secure an interview with Judge Allen to-
morrow.
Ncbrnska's Debt.
The records of the state treasurers office
show that the debt of the state of Nebraska
Is approximately $l,755,000 The outstanding
registered warrants amount to $1,674 642. .03
the unregistered warrants to about S25 900
and the state bonds to $50. 900. The unpaid
taxes amount to over 50 5000 900.
There has been but very little change in
the status OF the four educational funds
during the past few months. The return
from the investment OF the permanent school
fund were slightly less during the last six
months than for the corresponding period
last year and consequently the apportion-
ment for the schools fell below last years
about $4,000.
All OF the state bonds remaining unpaid,
amounting to only $4,000, are held by the
permanent school fund
The Issuance of these bonds was one of
the results OF transfer OF state money
from one fund to another. Between 1898
ana 1871 the state invested $71 900 in United
States government bonds for the permanent
school fund. few years later these bonds
were sold for sSO,460, which, with money
received from other sources, was transferred
TO the general fund. The total amount OF
the transfer was $l5S, ,S37S7. A transfer GER
tihcate for this amount was issued and
turned back as security into the permanent
school fund. Between 1874 and 1876 general
fund warrants to the amount of slS4,l19.6 81
were paid out of the permanent school fund
and another transfer certificate was made
out by the state treasurer as security to be
held by the school fund
During the same period the first state re-
FUNDING bonds were issued and the two
certihcates were taken up. State bonds
ID the amount OF $425, 1915 were issued in
The name of the permanent school fund and
The difference between the certificates and
The bonds was paid in cash out of the per-
nanent school fund Since that time all but
$4,000 OF these bonds have been paid The
last OF them became due In 1897 and all
are drawing interest at the rate of per
,ent, payable semi-annually.
These bonds constitute the only bonded
indebtedness of the state The Outstanding |
egstered warrants amount TO sl,674642. .O3. |
adding to this the total amount of the un-
oicfA ~.
'tate is brought up to a little over 81 .7OO.-
100.
There are four educational funds from
which the interest or revenue only can be
lsed. These are the permanent school. the
gricultural college endowment, the perma-
tent university and the normal school en-
owment funds. Provision is made by law
or an equitable distribution OF the income
rom the investment OF these funds, which
re derived from Ave sources.
The constitution OF the state provides that