Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1907-02-13

fiscal agency in New York. provided for
| in sections 1, 2, 3. a, s. of chapter TX, OF
| the Compiled Statutes Auditor Searle
has called attention to this law, which ne
| says is costing the counties and school
districts considerable money without In
turn being Of any particular benefit TO the
state. This law authorizes the governor
to designate some bank in New York City
as a state agency for the payment of
bonds of counties, school districts and
cities. The law also requires the rank 20
file bond with the secretary of state
The only bond ever filed was by Kountze
Brothers in 1875. Mr.. Searle figures there
is constantly on hand in the New York
bank at least $4,000 of Nebraska money
to pay OF bonds and coupons and by re-
pealing this law and establishing payment
anywhere in Nebraska would keep this
money at home. During the last year
village bonds were issued to the amount
OF ss2s.ssO; school district bonds were
issued to the amount of S541.7IG; county
bonds to the amount of s9,915,ss7, making
total OF s5,231,7S3. He estimates the
outstanding school bonds in addition to
the issue Of last year, amount to s2.500-
900 and the village bonds outstanding in
addition to the issue last year amount to
$40. 900.
The hscal agent receives as conpensa-
tion one-eighth OF per cent of The money
handled: the county treasurer one-fourth
Of l per cent for paying bonds outside Of
the state. and the postage and mailing
expense is estimated to cost one-oighth of
l per cent. making the total expense for
handling the money pne-half Of 1 per
cent. This would make the total cost cf
handling the bonds about $4,000 Mr.
searle figures the money might just as
we'll be spent at home, and he "a certain
1t would make no difference in the sale Of
bonds issued by any county, school dis
trict or city In the state.
Legislative Gossip. 49,
The house refused to adjourn out Of re-
spect for Linooln's birthday, but the SEN
ate did at noon. The senate judiciary COM
nittee also killed the base bah county
option bill and recommended for passage
the Thomas annexation bill. The house
spent nearly all OF its time speaking on
Fries bill to make men vote or pay Is for
not voting
Prof Burnett OF the State Agricultural
college made a. mistake last Saturday dur.
ing the visit of the Legislators to the state
farm which he will not be aware of until
he READS this, though numerous members
of the legislature have had many a good
laugh over It. It happened this way.
Among the visitors to the farm were
Speaker Nettleton and Lieutenant. Governor
Htpewell. Mr. Burnett did not know the
lieutenant governor, but he did know the
speaker. and most of his time was taken
up in being nice and courteous TO the head
OF the house. II was not until the members
had boarded the cars for home that Mr..
Burnett discovered the lieutenant governor
was one OF the party. A legislator pointed
out the officer few seats ahead. Burnett
made bee line for him and promptly
began telling him he had been waiting for
chance tC talk TO him, An the way to
town he poured agricultural information
into the ears Of his listener. But the
listener waB the assistant sergeant-at-arms
OF the senate. Prof. Burnett had taken
the seat behind the oficer he thought he
was talking TO. '-.
Evidently the bill introduced in the senate
to compel the Board OF Regents to en-
force tho law and break up the book deal
er' monopoly by buying text books and
selling them to the students of the uni