The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-10-06
GLYNN'S ALL WRONG
SAYS COMPTROLLER
Figures on state Treasury Con.
ditiOns Distorted, Says
Statement.
RORS" POINTED OVT

ALBANY. Oct. 5.-The following was
issued from the state Comptroller's
Office to-day in answer to ex-Gov.
Glynn's criticism OF the financial activ!-
ties Of that ofiice:
The statement issued by ex-Gov.
Glynn concerning the financial transact
tions of the state for the fscal year
which closed september 80. 1915.
not only contains mendacious charges
against the financial officers Of the State
but also includes so mai.y inaccuracies
and distortions of figures that II misrep-
tcsents the condition OF the treasury.
at IL represented I'm the statement OF
cx-,'ov. Glynn that an effort was made
by the Comptroller and Treasurer SO
to manipulate the transactions at the
close of the fiscal year that the balance
sheet would show a deficit in the gem
eral fund. This charge In as ridiculous
Az II In maliciously and deliberately
false. Not a single payment made on
October l was charged as Of Septem-
Der 80.
ION the other hand moneys received
by the Comptroller and Treasurer on
October 1. aggregating t.207. 223.24
were credited to the preceding fiscal
year because they were actually received
by state officers during the month OF
September and were therefore applicable
of the receipts of the last fiscal year.
shows Fair Methods.
III there had been any purpose to de-
ceiye the public with reference to the
condition OF the treasury at the close OF
the last fiscal year. would not this
money have been deposited to the credit
of the present fiscal year. which would
ave been technically correct. inasmuch
as the money was not received into the
treasury until the present fiscal year?
while as before stated no moneys
dlsbursed since September 80 have been
charged into the last fiscal year. pay
ments which have been made since that
time were upon obligations created In
the last fiscal year.
20 the purpose OF confusing the
public mind bank balance other than
those of the general fund have been
deliberately used in ex-Gov. Glynn's
statement and compared with balances
OF the general fund. II Is asserted that
a bank balance of Sl3.3Se,542.Sl as OF
October | was converted into a book
balance of sac. 2S9.s25. and the impllca-
ton is put orward that the difference
between those two amounts-or about
$50, 600. 00O-reprcsents the aggregate
expenditures for the day. which were
charged into the past year,
such an implication IL evidence
either of a woful disregard Of truth or OF
an eve more lamentable ignorance on
the part OF a man whose connection with
the financial departments OF the State
rae given him something OF a reputation
a. a public %fnancier.
Total of All Moneys.
mfr. Glynn knows. or ought to know.
that the amount OF sl3. 3S9.j42S1 shown
T. ~ A--t
balances IL the aggregate OF all Of the
moneys which were in the general fund.
the highway fund. the Common school
fund. in fact all the funds except those
applicable to canal purposes and the
military record fund.
"lnstead OF making an effort to initiate
the expenditures 50 as to reduce the
cash balance AT tho close OF the fscal
year. the Comptroller's Office put forth
an unusual and unprecedented EFFORT dur.
in, the closing days Of the last hscal
year to take in moneys. not with any
idea as 20 thei? effect uron the cash
h9lanc" on October |. but because the
condition Of the treasury. az a result, OF
the G.ynn administrations financial
errors. nd been go impoverished that
the moneys were needed.
The New York office Of the Comp;rol-
l"r was kept open night after night and
: ,metimes until midnight for the purpos.
OF collecting taxes on secured debts, Ths
in itself should be a sufficient refutation
of the charge hat an attempt was made
To- dcprcss the cash balance
The actual receipts into the general
fund during the last fiscal year, includ-
ing a transfer from the Canal fund
were sl3.7ol .26i.S3. Exclusive OF the
Catal fund transfer of sl.,l4,26+.7+. the
receipts were s42,O11.000.O 90. In the CO.
innate OF revenues made by the Glynn
administration. which amounted to S43.-
2Go. $50, 30. 10 account was taken OF
such "A transfer.
In an attempt to show a surplus
rather than an ao,ual deficit eX-oioy.
! Glynn has added TO the balance actually
in the Treasury the balance OF the
amounts which had been advaIced f,r