The Montgomery advertiser., 1902-08-01
SOME SOLID FACTS.

ne WtauOm, ease ana QWet ulButtS,,
without the least particle OF braggadocio.
with which Governor Jelks administers
the affairs of the State Ii . constant
source of annoyance to former Governor
Joseph e. Johnston. That distinguished
gentleman sees how smoothly the wheels
OF government turn and how full the
vaults OF the state Treasury are and It
vexes him. He cannot deny that the
vaults Of the treasury are fun for he has
nothin gto do but to go there and count
the dollars they contain for proof Of the
fact. The dollars are there.
There has never been any difficulty in
ascertaining from the books of the state
Auditor and Treasurer the condition Of
the States finances when the effort to do
SO has been honestly made with no other
purpose in view. Every one knows that
the deficit IN the treasury with which we
have been eontending was caused by
an ill-timed reduction Of the tax rate,
coupled with an increase Of an annual
appropriation of sieo.ooO to the public
schools in 1901.
During the fiscal year ending Septem-
Der 90. 1892, the disbursements Of the
Treasury were larger than its receipts.
This condition continued until the end of
the fiscal year September 30, 1895. Audi
tor Purifoy. in his report for the fiscal
year ending September 30, 1896. presents a
table showing the balances in the Treas
ury and the disbursements annually from
1886 to 1895, both inclusive, which shows
q deficiency Of $47a.22A There was an ac-
cidental mistake IN this table by which
September 30. 1890. was given at sl72,-
5s7 when IL should have been sis,5l5. max
ing difference of si24.o71. and showing a
deficiency September 80, 1895. of s3eo.12o.
The receipts for the fiscal year ending
September 30 1895. exceeded the disburse-
ments sae.ss2.7s, reducing the deficiency to
s32o,1es. This was the last year Of Gov
ernor oates's term and the first year the
Treasury received the benefit Of the 5 IL
mills tax rate.
The receipts for the fiscal year ending
September 30, 1897. were s17,99S less than
the disbursements. increasing the def
cheney to sSss.f76. Auditor White In his
report for that fiscal year gives the de-
ficiency at s552.s5s. The receipts for the
fiscal year ending September 80, 1888. were
sS0.oO5 in excess of the disbursements,
reducing the deficiency to $S22,sls.
The receipts for the year ending Sep
tember 90. 1899. were SEE 46s in excess of
the disbursements. reducing the deficiency
to s22ss46. The Auditor states the deficit
at that date as being s25i. oSs.H. TIE bal
ance in the Treasury at that date. less
outstanding warrants amounting to So
$3.50. was reported by Auditor white as
being S16l ,Sso.57.
Coming 10 Governor Johnston's las.
fiscal year ending September 30, 1900, the
statistics show the exact condition of
the Treasury at the close Of that fiscal
year. The total receipts for that year
were $2,e5e. S5o.7s. and the disbursements
g. 1ss, 42O.17. The balance in the Treasury
less s1e.625.n outstanding warrants, was
$50. 767.6s The Statement OF assets ana
liabilities at close of business September
90. I900." to be found on page II OF Au-
ditor Whites. report for the fiscal year
ending September 30 1900. is as follows: