The silver star., 1900-10-19
CONDITION OF THE STATES FINANCES.


pass the conduct of affairs since
the Of the fiscal period the following
statement has been prepared:
the decision Of Court denying the valid
W about 100000 outstanding warrants and the
Governor McInes administration the public expend
public receipts by about 100000 Under
Constitution the General Assembly OF
provided amount liquid
this debt thereby enabled that administration to
with balanced books although the limit of bond issue for
the mentioned entirely exhausted On the other
hand valuation of the fell from $3s 100000 in
1898 s2O2 1895 S2O6 59s,5 ,561 in 1896
AS the revenues received from direct taxa
ton these greatly decreased and but for the extra
ordinary receipts from the office OF the secretary OF state den
would have been inevitable AS Governor Mc1n
balance of
which he called
ton his biennial He also said THE auditor
estimates the for the 1878 available for the
era fund Ahat for general state Out
of this be the of the state government
which have been estimated by the state auditor at
1t would this rather than than
the that Will be found While in items
reduction may be made there others which almost newt
ably be Undoubtedly savings may be
made certain directions but likewise will be
tany by directions
met Most of the items going make this last mentioned
fixed charges which susceptible of dmnution"
This January. necessary charges
administration 20 prob
able receipts and the declared the estimate low
His warning of deficiency to without revision of
the revenue laws not regarded.
Governor Adams administration, nevertheless
affairs of the state for the udciousy that the
actual deficiency resulting diminished
being penitentary s2 for the refotor
and 81 95Os for the boys industrial school This
of the fact that valuations fell $751;
0oooo0 in 1ss while the from other
than during the previous administration.
In his biennial message January $685. Governor Adams
said AT the close genuinely prosperous year
history of the Colorado problem
diminished resulting
for many years Against this decreased
demands of a growing, progressive commonwealth"
them
were income sll25alG expenditures s15G7526 probable
deficit of 1921 06Gi This estimate carefully prepared
dealt with fixed charges only made allowance growing
demands OF the commonwealth and contains possible
of extravaganza Governor impressed upon
Assembly the Legislative relief material
alteration of our revenue system effected
The appropriations from purposes the
first and second class have alone been available January
1899 Those falling in the other though they had
been made although the necessity undcnabe
Every department has kept within allowance every ns
tuition except the enentiay asylum uniyer
sity has done the thing The soldiers sailors home
within Governor Thomas has kent
open from sense of overp0wering duty.
Each of the institutions above for larger
allowance than was made it, and each asked for the possible
consistent with urgent requirements def
cheney inevitable They for
the asylum and enitenary respectively for the
versi which deficiency by changing its as
cal period from March back this sum may be
added $4,000 for the soldiers and sailors home total that
more hah SVoo less than the amount Of the auditors
On the other hand the of stood
draln to which those Of previous periods subjected
Inc interest earned by the school deposit
has for the first time the school income nd
where properly belongs and sinking provided
for by law for the Of the capitol building bonds These
$225 900. H. ~ " ''
the school nds have been augmented by selection Of
2sO,OOO acres the OF which are under lease
The school fund has been by receipt of over
*o IN excess OF previous fiscal periods large sales
Of land have been effected.
The issued by the during the present umn
stration have mt all times commanded premium.
n vi thutnud dnnt Lts fuottl
so 10 invest the school moneys in them interest
thereon might be available until tho
were cancelled by payment.
OF the &55O0OO issued In sOO more tnr s,oo