The Tomahawk. [volume] (White Earth, Becker County, Minn.) 1903-192?, 1916-04-13
BIG BALANCES IN
STATE TREASURY
FUNDS MORE THAN DOUBLED TX
YEAR ACCORDING TO QUAR-
TERLY REPORT.
EVENTS 1T STATE CAPITOL
interesting and Important Happenings
OF the Past Few Days Selected
and Arranged for the Conven.
ience Of Busy Readers.

ST. Paul.
Minnesota's cash boxes bulged with
big balances at the beginning OF a,
| new calendar quarter. State Treas
urer A. c. Gooding reported a cash
balance of S5,191, 325.O8 compared with
1851, 967.67 a year ago. State check
ing accounts in banks total 81 ,O33, 278.-
50; and deposited in country banks is
! 1887, 224.21, while there is 1921 ,464.93
in the treasury vault at the capitol.
The general fund balance Of $685.
GG6.S7 is more than $1,450,000 greater
than year ago. S.
There was legislature this winter
and that is the reason for some Sa;ns
in cash balances. Early last year there
was a final payment of 100000 on the
state capitol which reduced the states
cash. Large credits in permanent
school funds, notably from the recent
sale Of investment securities in those
accounts, further swelled cash bal
ances.
Loans Of permanent school funds
during the last month totaled $685.
900 and prospects are that the April
G0O,CC0, applications for more than ST.
0O0,C00 being on file now. .
Reports Timber Steals.
Irregularities in timber scaling re-
sulting in a loss to the state of sew
eral thousand dollars have been report
ed to the State Timber Board by o.
car Alneson,. chief of the timber bur-
eau in the state auditors Office. The
meeting was attended by Governor
Burnquist, Attorney General Lyndon A.
Smith, State Treasurer A. G. Gooding
and State Forester w. T. Cox. The Rat
River Timber Company of Ericksburg,
near International Falls, profited from
the irregularities, it was charged.
John Cashin, a state timber scaler
under Surveyor General S. c. Gribner
OF Duluth has been discharged.
Charles Sutcliff, manager of the Rat
River company denied collision with
the state employee and told the board
that his company will make good any
loss the state has suffered. He also
offered to increase the companys bond
to cover any emergencies.
Mr.. Arenson's report covered the re-
suits of an investigation he began ter:
days ago, he said.
Farm Buildings Cost $20,oo0,oo0.
An unusually large number Of farm
buildings are being constructed on
Minnesota farms this spring, accord
ing to A. D. Wilson, director OF the
agricultural extension division of the
University of Minnesota, who has re-
turned after a three weeks tour of the
state. This, he says, is an indication
that the $40,O0O,OOO shortage in the
corn crop of last year has been COM
pensated by the good prices farmers
obtained for grain AMI live stock.
During the past four years Min
nesota farmers have put s2O,000,00o in.
to farm buildings. There will be no
seed corn scarcity this pear or at
least not a general need"
X
Banks Growth Is Steady.
The increase in bank deposits in
Minnesota banks has been. practically
steady and uninterrupted march Of
progress for thirty years. Bank de-
posts are the index to the prosperity
and advancement Of the citizenship of
a community and are so considered
everywhere. A. II. Turrittin, superin
tendent of the department of banks of
the state has some figures On increase
in deposits in Minnesota that are Of the
most convincing nature and mark
wonderful stride in finances in the
state.
Lower Insurance Rates.
Lower insurance rates In 40 towns
and villages in northeastern Minnesota
are to become effective Immediately
through extension to that section of
the agreement between Samuel D.
Works, state insurance commissioner,
and Manager Walter l. Fisher Of the
general insurance bureau, Minneapolis
according to the commissioners an
nOuncement.
K X
State Appeals Case.
Julius A. Schmahl. secretary Of state,
has declined to comply with the order
of District Judge Brill to accept $1,920
instead of Salts fees fer the increased
capitalization CT the Tri-State Tele-
phone and Telegraph company. Attor-
ney General Lyndon A. Smith has
filed notice of an appeal to the state
supreme court.
X X 4
Road Work 70 Cost S2,22s,5Go.
George w. Cooley, state engineer,
has estimated thai the amount Of
| road work under state aid to be done
during 1916 in Minnesota will be 1,945
miles IF grading; 705 miles Of gravel
ing and 1923 concrete cul1erts, ard
that tie cost of the work in Minnesota
will be S2,22S,500. The estimate is
based on reports of proposed work
| frcn 60 of sc co,1ntins of the state