Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1905-02-22
LEGISLATURE AND FINANCES
NilI the Franchise Tax Be Sufficient
Ito Bring the Revenues up to Meet
the Deficiencies?

NH the FRANCHISE ak pc ouhie'e".
Ito Bring the Revenues up to Meet
the Deficiencies?
From a comprehensive resume OF the
I legislatures work last week in Mon
lays columbia State we Gull the tol-
lowing:
The appropriation bill was followed
by the supply bill, which provided
tor an increase in the levy from 5
mills to 5 1-2. The appropriations
this year will be about the same as
asst year on account Of certain in
;reases, which will make up the
mount set aside last year for the
Hampton monument, for the general
.lection expenses and for other ex-
:raordinaly expenditures which will
aot be duplicated this year.
The total amount Of taxable prop
srty in the State last year was S2lO,-
,3l,S54. At all assessment Of 5 mills
the income to the State would be
sl,051, ,659.27. At S l-2 mills the in
come would be $1,158;825.N. To this
may be added insurance license fees,
which were $4,000 last year, fees to
secretary of state. which were Sl4,-
|D00 last year. This would make
total of s1,206,S25, which is even more
than the appropriation bill carries.
Last year the comptroller general
turned into the state treasury $61ySl2
which had not been used out Of the
appropriations. In 1905 probably
$40 900 will be turned back. The es-
timated income from the franchise
tax is s75 ,0O0.. 1t is barely possible
that this amount with the estimated
nnexpended appropriations would be
sufficient to balance the income and
the expenditures for 1905 without the
necessity of the additional half mill
which~would. bring in s105, l65. -s..4aa.z.
Theoretically there was a deficit OF
$4,000 for the year 1904, although
the deficit will be less than half of
that amount as the $4,000 set aside
for the Hampton monument was not
used, and the $4,000 appropriated for
"past due interest likely to accrue"
was not taken up, this sum being sci
aside more TO meet emergencies than
to pay any definite claims. There
were other appropriations for last
year which were not entirely taken
up, for the amounts appropriated are
frequently a little more than Is actual
ly required. This year the income OF
the State will be reinforced by the
receipts from the franchise tax. 1t is
all guess work as to how much this
will be but if anything like $4,000
will be received, the State ought to
have no deficit at the end Of the year.
Among the items of expense last
year not included in the appropriation
bill this year are the following:
South Carolina college, extra ..S $500
Citadel, extra .....,5... ....... lU,VoC
Cedar Springs, extra ......... ,5Oo
Claims 49,. -. ...... 5000
Hampton monument ..... ..... 20,00e
Repairs on Chicamauga monu
Supervisors of Regi:tration :. :. 6,15(
General election expenses ;. ..S25,00c
]. M. Baker (Black papers) 49,. l,OOe
Heating plant, governors man.
sion 49,. l,ooe
Total .......... -. -. ....s79,75(
But these items of saving are off
set by the following new matters in
cluded in the appropriation bill:
Governors Office, special fund to
enforce laws against lynch
ing; if so much be needed. IS 2,5Ot
Comptroller general, additional
clerk for franchise tax. 1,4O(
Secretary Of state, freproof
cases. ........ 2,50t
Militia (additionaD.. ...... 70Ot
Treasurer. extra clerk hire. 80. COZ
pher for each Justice. -. 2,oot
State board of health, addi-
tional.. $50. 50t
Winthron College. S,73t
Colored College. ...... 2,50t
anee s6.0oo) $4,000
Clerk, historical commission :. 30l
aFFireproof cases, historical COM
MISSION. I,0Ut
Fireproof cases, comptroller gen
eral.. ...... -. 2,50t
Arithmometer, comptroller gen.
eral.... 4o'
Refund loan, Gov. Haywood
Eutawyille case. -. 1856
Repairs and fuel, governors
mansion -. ...... 75t
EfIird's digest. ........ SOC
State board, medical examiners SOC
Total. >. ........ S55, "a.
To this S55,S47 must be added S12,
900 for two additional judges, solici
tors and stenographers; $4,000 for the
State armory and $4,000 for the STATE
reformatory. These were not included
in the bill as it was sent to the sen
ate. These are large items of unus
ual expense, as are the items aggregat
ing $500 for steel filing cabinets fol
the State house and $1,000 additional