Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-12-10
MONEY FOR ST, LOUIS
WHERE VIRGINIA EXHIBIT FUND
IS TO COME FROM.
THE FINANCES OF THE STATE.
Mr.. bowman Presents m Elaborate
Statement to Show That We Can
We'll Afford to Make the $4,000
Appropriation for the Virginia
Exhibit.

The friends OF the st. Louis Exposition
and OF the movement to secure a Virginia
eSaloit there that will worthiiv repre-
sent the State are well pleased at the
pracucaily unanimous vote in favor of
the bill IN the House yesterday. and are
hopeful that the Senate will pass the rl1l
without delay.
Tie details Of the plan are familiar
t,ouse. and as it Will almost surely pass
the Senate, carries an appropriation of
S5ocgo for the purpose of making an
oXn,ni1on Of the resources and products
mineral. vegetable, and mechanica!-of
the state at the Louisiana Purchase Cen
tennial exhibition. Three commissioners
are authorized and board of lady man
ayers. consisting of one from each con-
Eressional district
In the debate in the House. Colonel
Bowman: of Roanoke county. the patron
the States finances with view of show
ing that there was ample funds in the
treasury with which to make the apDro-
P IG;rnI MT. Boaz. chairman , of tie
appropriation TO $4,000, and reviewed the
finances OF the State from the stand
point of Jealous guardian of the trea-
sury. in an effort to show that not more
than $4,000 Should be appropriated His
figures were corserva tive, his opponents
say, ultra
MIR. BOWMAN'S FIGURES.
Here is the financial showing made by
Mr.. Bowman in his speech:
The Auditors report for the fs-
cal year ending September so,
1902. shows q balance in the
State treasury on that date
OF Recommendations. .-.-.-......-. Soto,4-o ~
From this must be taken an as
set in a defunct Petersburg
amounts TO ..................... -. .sss. 900 90
And the fol owing unexpended
appropriations:
New buildings (penitentiaryl... 10000 60
Rpp3irS CaniiOl 1Nl, Ulp 20
Difference Letween $500 600 appro-
priated and sos 600 paid out on
pensions prior to October LIST. 5000 co
Suudry extraordinary approDria-
tons to hospitals ard other
State institutions, not yet
Drawn ...-.--....... .............. IS,ouv w
Making total OF. $751; 500 60
Which. deducted from the bal
ance given above. leaves
present actual, assured surplus
Now. in order to reach fair idea Of
the actual financial condition of the State
and her ability TO make this appropria-
ton. it Will be necessary to add this &C
tual assured surplus to the probable re-
cejpts during the present fiscal year,
and take therefrom the probable eS-
penses of the government for the same
TOTAL TO DRAW FROM,
Assuming that the receipts for
the present fiscal year
Will be the same as last year,
there is found, according to
the Auditors report. So. le5, O93 -
Which. AIDED 10 the actual. as
Sured surplus. shown above. 1888 ~
Makes a total of ............S3 9S7. DIG 81
as the aggregate amount the State will
have to draw from for current expenses
of the government. interest ETC., during
the present fiscal year
The total amount paid out for
all purposes during the past
fiscal year is shown by the
Auditors report to be .So,94s.261 %
But in order to find the amount actual
y paid out during the past fiscal year
for the ordinary or current expenses OF
the government including interest and
all other expenditures. except eStraordi.
nary appropria tions. and expenses of last
winters session OF the General Assembly.
there should be deducted from the above
total of disbursements the following
items which Will not have to be paid
again:
For new buildings State insti-
General Assembly ................ S9,Ui9 q
For expenses of Constitutional
Convention ...-.......- -..-.....- lol'oou %
peduCting this sum from the
entire amount paid out during
the past year, amounting TO. .So.94s,2oi -