The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1904-01-13


Net profits to State School Fund 10000
"''' net pFoh i" 9o5-. .$o3s4se IS
Nc profits counties, 1902, . :. !. .s44s9s 70
Net profits to state l23o99 81
Total net profit ior .s50osos 80
lotal increase over 1902. 7I584
Total gross sales for s2,817oo8 II
! ota gross sales or 2,4oo2r3 50
Total 1902. i. !. s411z85 27
STATE BANK EXAMINER
During the past year my all Act passed
by the General Assembly in 1896 creating
Examiner, and requested appoint such officer
CATION revealed the appointment
made, though this law has been the years
The law provides for Advisory Board consisting of the
Governor president; the Comptroller General Secretary
State the State Treasurer and the Attorney General" called
this oar together and after full discussion the Board declined
take but requested your
appeared be defects your body
The law is defective first provision
to what officer shall the salary the Examiner the
treasurer being authorized only his actual railroad fare
The provisions OF the Act require that the State
responsible for the payment Of the salary of officer
the law is further defective that summary process
TO compel the banks TO nav asscssens for this ,rnoee An
inupeac dihcutyone operative-is that
no appropriation mas been made tor tins purpose and the Con-
sitution specifically requires money
treasury only of appropriation
While do believe the principle of taxing corporations
to the salaries Of State officers whose duty
control them STILL should gentlemen deem it perfect
the Act stands would respectfully offer following
suggestions First that the salary amount
sufficient command the Of capable man.
expert This should be done both for the protec
ton Of the deposto and for the safety banks
such should undertake these responsible
suggest secondly should this appointment made
regulations for State banks by statute similar to those
egai restrictions governing the duties of National Bank Examiner
OUR PHOSPHATE INTERESTS
The last decade regret say, has passing Of
industry which yielded large revenue to the State
namely the mining of phosphate deposits some
of The better shown than by
the following statements For the ending August 81, 1so3
OF the State from this $24o33So
whereas for the ending October 31s only
S15S522 len there prosperous
engaged this twenty large dredees
at work and Coosaw River and the vicinity presented
Of the busiest be State
Today only two companies struggling for existence while
manted and sunkn ddge and deserted decay buildings
alone tell OF ndstry which besides employing large
of labor realizing profits those engaged
IN it. paid to the State has been estimated $13s for each
of the
1t is here variety which, have
brought about this condition Suffice say although
Board Of Commissioners the ROYALTY with
hope of reviving the industry Intellectual oz as have
already stated there only work. these
companies claim that of scarcity available rock
mining be carried with profit present prices
At your last session your body the Office of
Phosphate Inspector and to devolv the duties pertaining
Office the Board of Commissioners. expiration of
the Of that officer the companies reporting monthly
to the Comptroller General myself. satisfied that
these still there officially
visit the locality where he work carried and look
State visits of the Board BEING Of
necessity merely superficial these circumstances would
recommend that the State Geoogis member of the
Board and that far practicable the Inspector
be devoved this officer The importance of this
business reminds that endeayors to
make again. if possible of State
expert supervision and conditions will tend to
accomplish this result.
THE LOUISIANA PURCHASE EXPOSITION
A your last session bill appropriate $2ooooo State
exhibit at the Louisiana Purchase Exposition this year
III the city OF ST. Louis passed the Senate passage in
the House Shortly after the close of Sooooo was
added to our State Treasury through settlement made with
United States Government has this Mesape