The Newberry herald and news. (Newberry, S.C.) 1884-1903, 1902-02-11
THE EXPERTS FILE
THEIR FINAL REPORT
"n>T FNiA1ININGl ACCOUNTANT
SAY or DlsfFNYNKY
D.'uhkctp'nE System rrnisrd- Tho New
i'niidihss and irih'r Malt "a 1Ouch.
td Upon In tho Report .--s0uv H..
com uAL iIh.

Is low il given the text Of tho ro-
port Of tho expert accountants ap
pointed by tic governor uneiur tho
at OF tho &. neral assembly some
time ago to max" thorough .xnmi-
na!iom Of the books, accounts and
"irAiis Of the Stat" iisponsarl:
Sir: Cndor authority derived
from Your commits sious dated at Go.
lnmhia, S. g, January /, 1902, Gro,
ating us "dn export COMMITTEES Of &C
counts, to make thorough cxnm.ua,
tionn { t tho books Of account, vouch
ers and warra;.ts, trial balances and
bnIanco sheets, invoices and eutries
thereof and every matter of record
in anywise connected with the State
dispensnry for tho fiscal year com.
menciug December |, 1900, and e1 Il.
ing November 30, 1901, having this
day completed Il most thorough and
! painstakinS examination Of every
| book Of account, vouchorH, warrants,
! luvor"s and every matter o. record,
| inclunin., minutes nuI rcrrrspond-
cncrS O! the hoard 81 directors and
al other Transactions Of tlln record
connected wi'h the state aispenssry
durlng tn" aforesaid fiscal year, now
hav" tn" honor to certify, make and
submit, through the hands Of Your
oXr"}I"ncy, to tho genera! assembly
tn" following report, to WI:
(IhA Iiuuncial statement Eivrn is
identical with Il Al prosecuted in tho
annual report Of tho hoard)
Foregoing report will be- found
upon comparison t. bo au exact coun-
torpart Of tho report OF tho State
DO rd Of directors Of TIA" State dis
pen5nry for tho fiscal ear 1921, now
beFo'" yon. Wo thotofo,o leg to
sta" that our lnbors and researches
in obtaining the same results com
menced at thu bogiuniny Of written
date and lead ua through every re
cord and book Of entry connected
with ths State dispensary, all of
which we found to bo correct to tho
fractional part Of Il cent forming Il
system Of bookkeeping very co,r ,ro.
honsivo and unsurpassed in ncatness,
style and correctness.
Tue present hoa'tbful condition of
tho State dispcnsary, as is shown by
the foregoing reports, is made moro
manifest and evidenced by the fol-
lowing comparative fucts, to wit:
FIRST. That tho profits declared
during tho past fiscal } oar are about
'qnal to those declared in any pre-
vious year, notwithstanding grain,
from which liquors are distilled, has
advanced nearly ono hundred per
cent. during tho said fiscal year.
Second. That the values of real
estate belonging to tho dspensary,
by roasons Of actual improvements,
has been increased nearly fifteen
thousand dollars, since our last re-
port
Third. That during the said Pc
riod there has been n visible increase
in machinery and plant attached to
this institution.
Fourth. That stock takon No
vomper 30, 1901, shows IN incroase
in merchandise at tho various dis
pousaries Of 81 ,523. 81, and ut State
dispnnsary Of $l10,S5030, and that
personal accounts duo the State arc
in rxcess of those duo 1900, in the
sum of 81, ,820.&O.
Your committee, in Wow Of the
great advance in prices Of all kinds
and grades Of liquors, commend tho
good business judgment Of tho di-
rectors for having purchased moro
largely than usual, when they dis
covered tho possibility OF advances
in prices of all gooIs distilled flom
gram. For in their business sagac
ity they have TINS saved thousands
of dollars for tho Stnta dlspensary.
When wo submitted our last re-
port wo yentured to make some re
commcndatioDs--notably, as to con.
stables being required 30 be more
accurate in estimating tho quartiliff
q liquors seized. by careful! com.
parison Of "Soizure Book" with the
"Roccipt and Dumping Book" etc,