The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1915-11-12


nation from the Caldwell Tribune,
concerning the work OF State Trea-
surer Eaglesou: An innovation
that Mr.. Eagleson has introduced and
ooe which he feels is worth more to
the state than the direct and immed-
late saving Of S25. 100000, which he
has made IN administering the Office
ia a new system of bookkeeping.
When Mr.. Eagleson became state
treasurer he at once opened new set
Of books; one that gives all transac-
lions of the Office In detail so that
any one can see the days work with
out trouble or delay. The books are
balanced each night and a report of
the days work fled with the state
auditor, who checks 1t up. A copy OF
this daily report is retained by the
auditor and signed copy retured to
the Office of the treasurer. This
system, il kept up by succeeding
state treasurers, will make 1t impossi
BILE for any error or delinquency to
pass unrecognized for more than
few hours. Mr.. Eagleson has placed
check upon his Office which makes
error or embezzlement impossible II
the state auditor attends to his duties.
Mr.. Eagleson has introduced the
plan of treating all banks who do
business with the state upon an ex
actly equitable basis. There are 100
banks handling state money. Each
banks deposits are in proportion to
the securities 1t has deposited with
the state and In an equal ratio with
all other banks in the state. In the
past state treasurers have played fav-
orltes to more or less extent, thus
promoting private schemes and Sc
curing personal advantages at the
expense of other banks and some
times at the expense of the state
itself.
Since Mr.. Eagleson became state
treasurer he has called and paid state
bonds to the amount Of 1853, 500, re-
ducing the interest payments $l4, lac
per year. He has paid the interest or
considerable more than two millior
dollars on outstanding bonds without
costing the state a dollar for ex-
change. A direct saving OF owe
100000 has been made In thi
manner. Over 100000 has beeI
saved the state In interest on out
standing warrants by reason OF tn
fact that reports we're made IL
advance enabling the state auditor t.
make immediate apportionment o
moneys.
The governor has called for com
parlsou OF the expenses of this oflic
for the first nine months of the terri
beginning In 1918 and of this veal
which shows saving in expenditure
Of this Office of $7SS. 10 over 1913.
The treasurer Is also custodian c
the Capitol buildings and ground
and Is directly responsible for the e'
penses incurred. For the first min
months Of 1918, the expenditure
were $27, ,696.52 aud for the first min
months of this year they were SIS
4i2.82, saving OF $ll,283.70. /
addition to this, he installed a ne
set OF wagon scales costing 1886
weigh the coal on, put up new aw'
inRs on the capitol building at COZ
o. over 5000 which are expens
that will not have to be made aga
soon and were not made In 1918.
Inis office should have credit all
with a saving OF $4,000 intere
on the state highway bonds that we
sold; although Senator Rockwell
biaine county is entitled to gre
ueal OF credit on that sale also. IT
oohding company printed the bon
winch meant 5000 saved there,
mat taking everything into consIde
a1'on In the running of this office al
Vi Vhe state house; cutting down
Illuminating various items such
Telephones, electric light bills, wat
'iis' etc. he saved the state oy
S@''ooo,o0 In the nine months OF
'efm as against the same length