The Leon reporter. (Leon, Iowa) 1887-1930, 1900-01-18
GOVERNORS MESSAGE
Governor Urges LiBeralTreat.
ment of Educational
Institutions.
State Board of Control Is Strongly
Commended Is Opposed to
Prize Fights.

State Board of Control Is Strongly
Commended Is Opposed to
Prize Fights.
DEs MONIES. an. lO.-The govern
or's message was read to both houses
OF the legislature yesterday. 1t follows:
To the Senate and House OF Represen-
tatives Of Iowa:
In obedience to
ioWas constitutional re-
IA Present quirement, I have
prosperitv the pleasure of
honorable body the Following state
ments concerning the condition of the
state, together with some recommended
tions for legislative consideration
Never in our history has labor found
y more ready employment or more lib
eral remuneration; never has agricul-
ture generally been more prosperous
or yielded better returns; never has
business been more universally active
or reasonable profits for invested cap
tai more secure; and never We're the
finances of the state In a more sat.s-
factory condition than at the present
hour.
5SsgAt the beginning of the last fiscal
term, there We're unpaid warrants out
elandiHg TO the amount of s447, SCOTS.
AT the same time there was cash in the
treasury $36.67296, leaving the net in
debtedness OF the state s41O.S27.77. OF
the outstanding warrants, the sum Of
SSos.as4;S4 was drawing interest. the
accrued amount of which at that time
increased this Indebtedness by an I'M
dscertatned sum. Moreover, there re-
NAMED OF special appropriations made
ny the Twenty-s xth and former gan-
erAl assemblies the following amount,
sgaanst which warrants had not yet
{beel drawn i$S0s, 4S7 81. There was,
INTERCHANGEABLE m 0f ha
Ht1es Of the then succeeding term sT19,-
065-d6. besides the interest on the out
standing warrants, in addition to the
orG:nary expenses of the biennial period
ana the extraordinary expenditures
that the Twenty general as
senibly might authorize.
1t is gratifying to
Conoitton know that the ju-
of the dicious provisions
Treasury T Tlaan ~ a lng
twenty general assemblies,
Tor the increase of public reve-
nues on the one hand and the reduce
t1on OF expenditures on the other, en-
abled the state to meet all its obliga-
Hons, past and cnrrent. and to accu-
mufate In the tpeas ury, at the end of
the fiscal term under review, a surplus
OF $4l4 ,2S402 lover and above all out
standing wafrants, subject however, to
i ~
the Twgnty seventh and earlier gener-
aa aa9em bl.es. OF these. less than $780,.
a 0091 femadned undrawu at the end of
~ E fiscal term. With these amounts
Ill expended, there will remain fully
L$2200OO to meet the expenditures of the
current term.
The receipts Of general rev.
enues during the fiscal
term from July l. 1897. to
July l. 1899 aggregated. ..$5, o7s. 4os.29
s Tie treasury balance July
Total revenues for the
term ......... ..$5.u6,o76.25
Against this SUM
WArrantS were r
drawn during
che term. 81, 1ss. 4s4.sa E
Deduct all OUT
1tnRIsnE- - =
OF the term. ..$4. 1876, ~ .gS
Warrants paid during the !.
mount Of outstanding
rants at beginning Of
a...:-. ....... .......... AT 200. IL
st thereon paid 57,7s6.5 81
ury casa1 June 30, 1882. AS, 81
= OIdl. ....... SOL ,O76. 2S
AT the close Of business on ID Dec cen her
%. 1899, the treasury showed as fol-
lows:
General revenue. ....... ....s SCI. $40. SO
Outstanding warrants at
that date, - 29710 3s
Net surplus.... ...... ...s 537.259.s 81
On December 81, 1897, the
outstanding warrants ag-
gregated... ........ ...... $40, 966 90
Cash in treasury. ...." 1OS,645.47
Leaving net Indebted
ness ..:.... ......s Al. 32O.5s
00s 580.50
The surplus of s5s7 .25s.e7, shown
above, Is subject to reduction by the
special appropriations yet undrawn Of
past general assemblies, amounting to
less than 100000
A Million state estimates the
II Dollars receipts for the
Available current term at 81
penditures, without any special appro
pria atoms made by the Twenty-eishth
general assembly, at $3577, 423; giving
surplus of receipts for the current
term OF SsS6.7I7. Adding to this sum
the balance of s220.e00 cash in the treas
ury at the end Of the fiscal term in
excess of outstanding demands and I'M
draWn appropriations, gives fully ST.
100000. which this general assembly
can safely appropriate for special pur-
poses. The above estimate assumes
the annual levy will be continued at
the present rate. I believe, however.
this can be reduced to at most two and |
one-half mills for general revenue, and |
three-tenths of a mill special levy for |
purposes of higher education, making
an aggregate of two and e.gth-tenths |
mills as against an even three mills at |
present. In view of the constantly in
CreaSing eXpenSeS of the sta te incidant