Los Angeles herald., 1905-01-04
SENATORIAL DARK
HORSE IS FEARED
1conIlnned FROM Page OneJ

] California delegation VIII hnAlly settle
on me as their first choice" said Flint
tonight. ~ am ready to go into a eau
Gus at any time for / do not fear the
outcome"
Major John A. Drinll, who Is man
ager of Henry r. Oxnard's sugar plant
at Oxnard, was q prominent figure
about the headquarters of the sena-
torial candidate tonight, having arrived
on one of the later trains from the
south. He spoke hopefully of his coll
leagues aspirations and declared that
Oxuard was not losing any strength
Fisk Expects Many Votes
Arthur Fisk gave it out tonight that
he would probably return to San Fran
cisco tomorrow for The purpose of look
! ing after some urgent business i'm con-
nectlon with the uostofice.
/ 81 will readily agree to go into eau
Gus at any time that the other candi-
dates express willingness to submit
/ to premature vote said Fisk 81 eX-
/ pect to get good many votes on the
! first balot-erough, at any rate, to
give me a decided compliment"
George A. Knight is still engaged in
making a personal canvass among the
! legislators. not only. about the hotel
! lobbies, but on the floor OF both houses.
1 lie is authority for the statement that
/ there arc no new developments in con-
necilon with his fight
seuator Rowell is stll going about
looking after the interests of Senator
Bard aud greeting the latter's sup
porters in his headquarters.
with seventy four members of the
house to place on committees, Speaker
Frank c. Prescott is facing a difficult
problem that may not be solved until
next Thursday. While he may tender
a partial report to the assembly to-
morrow, the bulk of the committees
Will probably not be named until Thurs
day.
AS way out of his difficulties, Gen.
Prescott has decided to create large
number of new committees. This will
not only give places to members who
are anxious to be chairmen, but will
dispose of other anxious seekers after
committeeship honors.
Governor Pardee in the course of his
message, said:
"m meeting the Legislature for Sec
members upon the opportunity which
they possess to benefit their constitu-
ents by serious devotion to duty dur
ing the next two months. They can
benefit them by exercising economy in
making necessary appropriations and
by vigilance in preventing appropria-
tions which are not necessary.
''I desire to call the attention of the
legislature to the improved financial
condition of the state treasury. Two
years ago it was clearly foreseen that
the general fund would run short be-
fore the next succeeding collection of
taxes. In order to prevent this condi-
ton becoming chronic, and to make it
possible to replenish the treasury, it
became necessary for the legislature to
provide for a tax levy in excess of that
which would have been required had
the one fixed in the year 1902 not been
so far below what the actual appro-
priations called for. This excess for
the year 1904 amounted to 6 cents on
the $1OO, and for 1904-5 to nearly as
much.
"But before the taxes for 1904 were
collected the expected had happened,
for the general fund ran short, and bor-
rowing from other funds was unavoid-
able
This, as the state controller points
out in his biennial report. was a condi-
tion such as had not before arisen for
nearly decade, and it was, as before
said, to prevent it's recurrence that the
legislature ordered larger tax levy
than the appropriations demanded. The
effect of this levy is shown by the
vastly different condition of the general
fund June 80, 1904, which on that date
contained $2,05S, 610.11, sum more than
sufficient to meet all prospective de-
mands.
"California pursues policy different
from that of majority of the states
hy keeping public funds in its own
vaults, thereby locking up large
amount of money instead of making
deposits in the banks BY following
the deposit plan the money is permit
ted TO circulate in the channels of
trade until needed to meet claims
against the treasury.
Taxes in Two lnstalIments
1T was a step in the right direction
when the law was passed, some years
ago, making state and county taxes
payable in two installments instead of
one, because this reduced the amount
OF money locked up at any one time;
but ii would be an additional benefit to
the business community ii the greater
part Of the funds belonging to the state
could at all times be kept in the cham
nels of trade.
I'm my inaugural address, two years
ago, expressed the belief that the time
was near at hand when the people of
California Should consider the question