The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-02-21

him with that $1,000 is a sight draft
for that amount signed by himself and
countersigned by the auditor. He has
not a dollar of that amount in cash
or under his control and will not have
either until that draft is forwarded
and presente to the treasurer of An
derson county and by that county
treasurer paid. When that draft is
paid, and when the treasurer receives
advice from the collecting bank that
the draft has been paid and the
amount has been placed to his credit,
then, and not one minute before, has
the treasurer received the cash from
Anderson county. At this juncture
credit for the $1,000 and the treasurer
char ed with a like amount.
1t is this idea of being charged with
sums of money which l have not got,
have not received and over which
have no control that object to. 1 am
perfectly willing to be charged with
every dollar that comes into my office
upon the very day that 1T gets there
auditor shall charge me with it the
day that it gets there, but 1 do object
most seriously to being charged with
it from two days to ten days before it
does get there.
Now about this sS49.563.77 drafts
in the course of collection Mr.. Cation
attempts to make quite a point there.
He neglectS to explain, however, that
about the middle of December the
state accountant sent his office force
up into the treasurer'S office to make
an inventory of the states assets for
the purpose of making a transfer of
the Office from the outgoing treasurer
to the newly elected treasurer. He
fails to cite the fact that it required
from about the 14th of December I'M
til January 16 to make and record that
inventory. He neglcctS to relate the
fact that in order to complete the in
ventory books had to be balanced up
in order that accounts might be recon-
ciled. He forgets to mention that this
inventory was taken at the very bust
est time of the year when even under
ordinary conditions, the business of
the office is unnaturally congeSted
owing to the incoming taxes and bond
and interest payments. Add to this
natural seasons congestion the fact
that the issuance of receipts was or
dered stopped in order that accounts
might be reconciled, and you have the
explanation of this unusual conges-
ton. He also fails to explain that this
$349. 563-77 was deposited in the states
repositories and the state was draw
ing interest on every dollar of it. Not
so terrible when once understood.
Bookkeeping is a record of facts
Cured and not record of facts about
to occur or likely to occur. And, when
books a transaction which is not based
on fact then the foundation upon which
sound bookkeeping is founded is sough:
to be undermined and the fundamental
principle of bookkeeping is attacked.
1t is this sight draft with it's credit
compelling quality which is not inner
ent in the draft which 1 object to. and
why Mr.. Nation and Mr.. Cation should
offer a plan or system which is not
based upon facts and which no insti-
tuition or mercantile concern has ever
in this world adopted 1 cannot for the
life of me understand.
1 have not and never have had any
objection to any reasonable close check
upon the affairs of my office. and when
anyone asserts to the contrary, he as