The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1915-04-10

VA - S, 80 n"' ao
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BORROWING MONEY FROM THE STATE.
Serial Section 372 Oh. "A Of Hoggs Code, 1913, provides:
The governor may raise. from time to time. by temporary loans,
not having over eighteen months to u or bearing greater interest
than two cents per hundred dollars 20 day SO much IS may b needed
to supply the wants of the treasury"
s,sas sss g e sss s, ssssy + r. =: : i 5$.s ! i. s$ ss' :a met. e. s.$ 81 ssy': :%:ss es sa:
tser E as T. Rao fs e1H ss 3 afh se y R0TeTao = d . IT. ut , e a 10 it, y
. .ss,s 5sss e ssss :s: = e s ssS %sss; e & ssI Us: :ss4 ! :? ss. !; = $ .sssn sg s:3: 8 5:" $: !:
ee@a ssds@att@ Which re read seSm aa 10 f @Hs: oOnn yesterday y quotation IRON I'M
EMO money shall be drawn from the treasury, but in pursuance of
an appropriaton made by law, NOR SHALL ANY MONEY OR FUND
vIDED"
could aTP Ss ass ss m general sn en ns sagsn ut. as d Rs 9 9Sss esn that st this bis i, s ssast, nHss
e ean = 0B Bs dS . T5 15G satofRsy " EsGera as f Fg 390s SoId RsayH fn S1 P eonssn t5a
s sss chooses ~ s't Z DO So as s s%P9 THIS IS s SO oo%SSS BY 91 the s% 5e s'e Of S the sas h:re 1
.s.s I tbs 4 .#sss se 4. ses s: tSse' sasa I'D ID s mental? he :ssssss ?; + these 81 ' !sss. NJ =1 s5s
fact "a q sSst G @ @a So rS Sssa fa % % % an afee as; ;eo5eG 1o of tEs f fud had 3G Sesn 90 y us sI
; rs s. =, n isfs5 5' : : 5f : n n MN e sSss .5s n.y.; ~ 81 ne; s sss' i T. !: 8: ss s & sSsi' 'Ss' 's 5ssS
Auditor Darsts says N his report in regard t these blank funds:
o. s5hs ssss ssst ta 1i Sss asF' at ss9 a% consist IS q Does asi S0 II ' sst .es ' 70
nam ssss @ss { : s as I + RE- ss = Is 9 s5o@s e H. : : IS as'S ss Sc s %ai' ''' o asz ' 'a'' Sss@
s.; as,$ ss;ss ;, 8 e T.: 4 { %s Is $5ss s + 4 \ ;s : 'ss o' ss;3 ss ss ' 'ss;s vas '' : sss'
s asstn Pll spt Il as t ass 1 nt 'saDi Ss T o v iays at is IS sa aSss n se Ssas s e st stang as
8 81 th e s ssa.s "a Charleston Rs Ress Fi saS to take s"s MONEY ts "a to It mse e it, It's FS5s9 without The u as
a.sl sssR = | srs ssn Psas s5sa-' funds s 9.s "a i 59sa s1 70 ss ! sssss.se ss sss
sssts s ,ssas nss 7 NC 5sys sns t h irlan fH ss Ro eo ct the sn ssff as 55n msas to T tSs%.
vi Wm owe aan%d Orphans pb asa to over up h 1@ shoT Te%mn @ oft o he e senate senate Ds which lae' REUSED ad
Thereis a long Hsto Of recedents showing hat governors have in the past
eorf Il ven m ps ebu eT ssR Pg 1ookia ggF i Q tnsse presidents hiatt the most Of the
necessity for such borrowing by the state happened to exst under pemocrauc
soys n the az asn anaaE 9sm'o f Aad lsass E. a. sannse. iis7174. sso5sss4 was
During the biennial period Of 1915, s4sooo a borrowed from the
na. ls5a od dam49 Pa the \ term s, o. "A Auditor m3, 5o7sgn :: Mile Miller r., the , soye,nor
s s4afS Sy me s1 TsDoGt t 8 Auditor s@s an ame so 6 @e the s seasFi iszs T saa &c. o. tn s ase shoTn
that o only q the treasur exhausted, ut THAI almost the entire amount
.lnlsslsss two n Re borrowed amounting s 100000 and a h
state During the following biennial. period temporary loans agsregating
IS Bsssas = T Essas 1s ssSsss' os ;sss5 ss'I sss P saasss $4,000 an S' ss sG5Fq nv iss sy
$4,000 was borrowed fon9 banks: oo,o go mr.
te meet an emergeney caused b TIL sheriff falling to make prompt report
81 assE vsas sa q sesre WITH as sesS1s the n. Ps@efr ssnln RsFtS aas s sstesn msse
s@p eMsa fz sss tn as ban ssm sn Is bss smt there ter sD ss vt is ants atn fso@ IA at
the ussof ali thsm money from blank funds was in direct disregard Of aw:
can administrations and W find that there wal 20 borrowing done Under
s ssbafssIt e anah4 fqos see r. bank an ka fu G dto the N state fund MI nc m sesn merseaets curing
school IT fsaS NJ lg n N SlseoSe " sio o9ST0v wss BY So lae asvs sg the re eov ens sef fToan
IN. workman,s comoensalon fund: The first sum was repaid On pecemeet
81 the governor. but there was sufficient funds in the state treasury to
a Can ssa the he ssy ys%s be sss blamed ms .{ 9F not 9e n 1a9 s%aa to ? n s9r S%k p@e 10000 %e9ss E
did s9Mo ss ulas ssea ns ,fr t%e banks 5ae W U i gladiy opmPs @ " thlr N when they
saai @IMy have 5s ne non ct to solG@nna, to meet q de ssat in n the s sst,e e. sr sas ywh'chs the
ssA Do ssea CIV xho y 81 to i@n i there : e sssh PsoP,s in existence Ito. to
s sSs U Esn meet s tae 1aG eba@e a'o Of the he stale when ! The Senate seems t be com:
S We tma ass pesop pie Would, hesitate a os time before advancing mon to the
ssss 81 4 ta sa. s5 5ssa s s9 Justly Hssa osssn ln fssss,s ssa m t n 9 s2 @s ss ss@s5ss IN
InaaI II & t aas sa ths eR It IS he sarst time I'm ia IN t e eh 9@a po 81 the tai 90 that n@ payments
s soy ] ss sss s sssss sss s N ns It is sss sF sSse sSs y RS 1sf ss n% to ' provide e tn @s rHSS.
s sns 70 e meet ssao1 tn n ran asbeI f apthadoe of TN %h sa'e th as ea eroT iosns uu Were 20 made sp
the E Esssnas ,ssa ss1shce m ast to m mss aoa aasmi Tne ai issssiaf tt to p psssorn. R Rae
coal. . oil and gas gas. combine sezess a t n0 so s51Sns snep as net ta ese aay % to fa Se az f an.
Just state ax upon the people to furnish money 9 support the institutions
pP lis esnsases the storage = aesuanlstsd indebtedness will a@osn to
amy @1 FUNDS WINS VIM e sonsetss e nee he = q ao-.~~u 4..,., :. :.
predatory nseres s.,nrstb because he does not use sst thu blank 1ns fund at. G co sr tic tic