The Providence news. (Providence [R.I.]) 1891-1906, 1905-01-17
REPORT ON
FINANCES
OF STATE

"This wise and conservative policy OF
paying as we go cannot be maintained.
all special appropriations must cease.
for time at least, and the fixed charges
and running expenses OF the state reduced
20 a minimum unless there is complete
revision OF our system OF taxation.
''rhese heavy demands upon the public
purse cannot fairly be attributed TO prodi-
gality or 10 a spirit OF extravaganza. but
are due, In a large measure. to the legiu-
mate demands OF a growing population
for modern methods and better facilities
for the transaction OF public business
says State Treasurer Walter A Read in
his report 10 the general assembly today.
"and the improvements and convenences
that are essential even indispensable, TO
Q thriving and progressive community
The report in brief follows:
In compliance with the requirements
OF chapter 49, title VI. OF the General
Laws. / have the honor to submit a de-
tailed statement of the receipts and ex-
penditures OF the treasury department
for the fiscal year ending Dec. 81. 1904.
the condition OF the State House sinking
fund, the Touro Jewish Synagogue fund,
and the Land Grant fund OF 1862. and
several other funds I'm custody OF the
state.
Reference TO the statement OF the con-
dition OF the general fund will show the
expenditures of the state the past year
have exceeded the receipts, and 10 meet
the demands made upon the treasury
the general treasurer has been obliged
10 secure temporary loans approaching
the limit permitted by law.
INCOME AND EXPENSES.
A liberal estimate OF the income OF the
state for 1906 will amount in round num-
bers TO $1.663.O 90.
Existing laws and fixed charges require
appropriations for the objects named be-
low: Salaries OF state officials, heads OK
departments aud assistants, 500. 10000; sal
aries OF judges supreme, common pleas
and district courts, sheriffs. officers. Ju-
rors witnesses and expenses S242 4oo.Oo'
pay and mileage OF members, clerks, Of
fcers. pages. clerks Of committees Of the
general assembly $6.00.0; historical
horticultural and agricultural societies
$4,000; boards Of health and agriculture,
S26.OoO00; public schools. evening schools
and educational institutions, $2s7 10000
public libraries, $4,000 charitable. benev-
olent and penal institutions, 3S65oo.0o
sinking fund. $4,000: interest, state
house bonds and temporary loans Slo.-
ooo.0o, military affairs. $50 co-oo state
expenses of boards and commits sions
100000; miscellaneous, ss4,000.o0: unex-
pended balances OF special appropriations
OF 1904. 10 he paid from receipts OF 1906,
s284, ,S55 10: temporary loans due 1896, S2p,-
0O0c0: total. H,G5. 1855.
TAX NOT PAID YET.
In addition to the above the fixed
charges OF the state will be materially in
creased by the reorganization OF the ju-
dietary system, the completion and occu-
pancy OF the state sanatorlum, and the
taking OF a census OF the population
manufa ctures and business of the state
as required by chapter 60 OF the general
laws. and 10 appropriations are granted
for the erection OF n new court house, or
for the extension and remodeling OF the
Providence county court house, the COM
pletion of the Providence armory and the
continued Improvement OF state highways.
they will not only absorb the gross in
come OF the state for 1906 but make
serious inroads in the receipts of 1905.
The number OF unfortunate and afflicted
arc also constantly increasing In our
charitable and benevolent Institutions
and to provide them with the best medi-
cal treatment. proper care and attention.
agreeable and comfortable surroundings
make no inconsiderable draft upon the
revenue OF the state.
In accordance with the provisions OF
sections 16 and II. chapter e, general
laws. l report that n corporation known
as the University school is indebted to
the state for rent of the old Normal
echool building. Waterman street, Provi-
dence. for the sum OF s403334.
The town of Warwick having failed to
pay its portion OF the state tax due Dec
liz. 1904. amounting to 81 3053s. a certificate
to this effect has been forwarded to the
attorney general.