The Harrison times., 1915-04-03
APPROPRIATIONS CUT OVER
HALF A MILLION
Governor Hays Does His Share TO-, Get
Arkansas Out OF Debt
When Governor Hayes got through

$595,OOO smaller than they were
when the enrolling COMMITTEES from
the legislature brought them to the
governor for his consideration.
from $3,03G, 600 as passed by the
legislature, they had suddenly
shrunk to So, 100000
The result Of these vctoes, Gov
ernor Hays saws in explaining why
he used the veto power so freely,
will be to put the state on cash basis
at the end Of the next two years.
He figures that these cuts will
bring the appropriations Of the
legislature within the revenues for
the present biennial and give a
margin Of S150,00O to spare. This
is the way he reasons it out;
The appropriation bills, as now
cut, will make the cost Of state gov
ernmcnt for the current two year
period, 81 100000, The present
deficit, based on outstanding
warrants, is S55OOO0, making a
total Of So, 100000 to be paid from
revenues collected during the ensuing
two years,
The revenues collected during the
last biennial were So, 9S0,OOO, The
estimated increase in revenues for
the next two years, by Governor
Hayes, is 5000, 900 based on amend.
ments to the Inheritance tax law,
revised assessment of private car
companies and tax on sand and
gravel This will make a total Of
SO, $4,000 granting that the colcc.
tion Of revenues for the next two
years is normal. Deduct from this
the S3,olO,O00 to cover appropria.
tions and deficit, and there is left a
balance ,of Sl5O,OOO This, Gov.
ernor Hays believes, will take care
Of all imperative deficiencies of the
ensuing two years and leave the
state on q strict cash basis at the
end OF his term,
In his veto statements he takes Il
crack at reports that have been
circulated eXaggerating as he says,
the states financial condition and
predicting that state warrants
would soon be selling at GO cents
on the dollar Those reports, he
says, were circulated partly, at least
Co force him to call an extra session
Of the legislature, Continuing in
this regard he says "My enemies
want to force upon the people,
through my administration, either
a million and a half dollar bond
issue or a straight raise in the tax
rate. Both Of these | supposed"
He says he is sure there will be
"bitingcriticism' ~ from some quarters
On account OF his liberal use of the
pruning knife, but declares that
'the issue was up to him rs to
whether or not he would permit the
appropriations tocxceed thercyenue,
or whether he should literally use
the veto power" He chose the
latter course, and believes that the
'well thinking people Of the state
will stand behind him in the matter
Of these yctocs and endorse IN
economical administration Of state
affairs"
fhe Governor says he does not
believe any state department or
institution will suffer; that he has
taken particular pains to see that
each one is well provided for during
the coming biennial term ~ lie
further puts IN emphatic veto on
the creation Of deficiency bills by
any department. or institutions dc.
elaring that he will vigorously
discourage such deficits and does
| not Wish 20 transmit 20 his sue
cessor any financial troubles" lie
closes with the assurance that
within the next two years state
warrants will be worth 100 cents
on the dollar If the mex legislature
aud the next governor will keep the
expenditures well within the rev
enues, as has this administration "
In the department Of state the big.
gcst item cut out 10y the governors
vote is that Of printing amounting
to SOC 7i2, out Of a total veto Of
SsS,O12 from the general appropri-
alton bill, Unless some later pro.
vision is made the department will
be badly crippled in this regard, Il
is believed an arrangement will he
made TO enable the department to
do certain printing required by law,
For instance, IN the state auditors
office, the item OF $500 Tor printing
and binding is cut out, Thisincmdcs
the FIVE sets Of tax records required
60 be furnished 60 The various