Crittenden record=press. [volume] (Marion, Ky.) 1907-1909, 1909-06-24

in the senate January 22, 1908, |
submitted the above figures TO the
committee that was appointed to look
into the finances of the state, and II
was verified by the committee. SO
that il will be seen that from the
5th to the close OF January, 1905,
drew warrants in round numbers for
.s1.2SO,000.00 all of which were
eitherS unpaid bills left over by the
former administration or bills fall
ing due in that month.
ut has been frequently stated
that our predecessors built the state
capitol. and besides left in the treas
ury the amount stated above The
statement is not borne out by the
faces and besides needs 10 be am
plifed. In the first place. the state
of Kentucky obtained from the
Federal government s1.300,000. 90,
which It was asserted would build
the state capitol The preceding adj
ministration paid i'm round numbers
81 goo. 10000 on the state capitol
building but the appropriations neces-
sarv to finish this building far ey-
coed the estimate that had been
made, for the building when COM
plete will cost in round numbers So
600. 10000. Already the general
assembly has Appropriated sl.70O,-
10000.
The auditors report Of my pre-
decessor as Of June 81. 1907, showed
a deficit i'm the general expenditure
fund of S476.117.O0. To cover this
deficit there was borrowed from the
sinking fund $500. 10000. The
deficit on June so, 1905. was $780,
10000 and I estimate the deficit on
June 30th OF this year AZ $500
O0O 90. That will be due mo- 20
extravaganza or mismanagement but
TO the fact that the general assem-
bly, appropriated 1886. 10000 addi-
tional funds. with no provision what
ever to meet this large apprOpria-
ton. although the general expendi-
ture fund for the last four years has
shown an actual deficit. and since
the general assembly adjourned ]
have drawn warrants to meet those
new appropriations amounting to
$3.50. 100000.
1T has frequently been said that
sums Of money have been spent on
the state militia. II is true that
mower about $16O.000.0O have been
spent in an effort TO suppress the
lawlessness In this state. but that
amount has in a measure been offset
by various state and county officials
who were short in their accountS
either through negligence or en-
bezzlement This administration has
not spent a dollar that has not gone
in the proper channels and had value
received therefor
1T has frequently be said that
at the close of the year 1907 there
was considerable over a million dol
lars in the state treasury. That Is
true. The same thing was true.
however. al the close OF the year
J 90S, and | estimate that the close
Of this year there will be I'm cash on
hand something like s1.2OO,00O. .
but as is always the case IL will be
necessary TO pay this sum out in
the early part OF the year 1910. The
time 10 estimate the conditions OF
the state finances is at the close OF
the fiscal year and not the close Of
the calendar year.
AS 10 the statement that by the
time the general assembly meets in
January of next year the state will
be $4,000, 100000 in debt. ! wish to
say that there is no foundation. in
fact. for such a statement. The
truth Of the matter is. IL the next
general assembly will make a slight
change in the appOrtionment of the
funds. that al the close Of the adj
the state will be in be-
Ter shape financially than il was IN
he beginning, Notwithstanding the
tremendous amount OF money appro-
Driated by the last general assom-
bly,. provided the next general as
'embly does not follow in the foot
steps If the last one and anpro-
pirate large sums Of money without
making any provision 10 pay same.
F. p. JAMES.
ANlitor OF pnhlic Accnnnts