The Cook County news-herald. [volume] (Grand Marais, Cook County, Minn.) 1909-current, 1916-01-06
STATE TREASURER
HANDLES MILLIONS
REPORTS LARGEST AMOUNT OF
BUSINESS IN HISTORY DUR
ING YEAR ENDING JULY 81.
EVENTS AT STATE CAPITOL
Interesting and Important Happenings
Of the Past Few Days Selected
and Arranged for the Conven.
ieace of Busy Readers.

aHu arranged Tor the Conven.
ieace of Busy Readers.
St. Paul.
The business handled in the office OF
Walter J. Smith, state treasurer, dur
ing the year ending July 81, 1915, was
the largest in amount in the history
OF the state Receipts and disburse
ments have been mounting slowly year
by year until they have grown in the
last forty Yeas from $2,014, 1894 dur
Ing 1875 to $4|,439,690.33.
The largest single account handled
by the state is the general revenue
fund. During the last fiscal year there
was total of $12,107,656O4 turned into
the fund. This 'arge amount was paid
out about as quickly as it came in
During the year the total disburse-
ments from the revenue fund were
$11,609,916.42. Or this amount $685.,
256.54 was paid cut as special aid to
the public schools and for administer
ing the special school aid. The re-
mainder of the revenue fund was used
to meet the expenses of state govern
ment.
X X X
Order May Start Fight.
Insurance men and state officials
saw omens of legal battle between
the two in the trip Of State Insurance
Commissioner Samuel G. Works and
Walter I. Fisher, manager Of the Gen.
eral Inspection company, which fixes
fire insurance rates for the entire
state, to Chicago. A conference is said
to have taken place there in which
there was an effort to effect compro
mise on situation that has growr
out of an order by the commissioned,
reducing the fire rates for northern
and northwestern Minnesota.
The order causes reduction of as
much as 40 per cent on some classes If
property and the companies are said
to be preparing to resist the order ia
the court.
When the order reducing rates in
northern and northeastern Minnesota
followed another order reducing the
rates on grain elevator insurance.,
there were rumors Of war. Many
said that the companies were prepar.
ing to fight.
Then, after Mr.. Works and Mr.. Fish
er had left for Chicago, it was said
that Representatives of insurance com.
panies were to meet there and tala
over the situation.
X X X
State Fair Big Success.
Every dollar the state has put III
it's great fair has been returned with
better than compound interest, $3.50
for every 81 being the exact ratio, &C.
cording to John G. Simpson, secretary
of the Minnesota State Agricultural
society, who uses the figures in ais ar
nual report to Governor w. S. Ham.
mond
The fairgrounds at Hamline =eprs-
sent value of $1,713,780, of which
$929,937 represents the value OF the
land, covering more than 800 acres:
$721,856 the value of the buildings,
$25,117 the electrical plant and $36,79u
the personal property. Included in
tho assets should be the $16,627 on
deposit with the state treasurer, rep.
resenting the net proceeds of the 1915
fair.
"The greatest educational institution
in the state.' as Mr.. Simpson calls the
fair, in 1915 was the most successful:
the state ever has managed, having
more new features and more exhibits
than any of it's predecessors.
X X X
State Giaddens Wards.
Ten thousand wards of the state of
Minnesota were gladdened at Christ.
mas time, as the state board of con.
troll placed this order for Christmas
! goodies:
Two and half tons of candies, a
like amount of nuts, 285 gallons OF
oysters, 10 barrels of cranberries, half
a ton of bananas and 46 cases of
oranges.
La Bar Gets New Trial.
Dan La Bar, alleged member of the
Palace court gang of wire tappers,"
convicted in Hennepin county district
court of sWindling. will have to be
tried again. The state supreme court
has reversed the lower court, and
granted LIE Bar a new trial on the
ground of prejudicial errors by the
trial court in the admission of testi-
mony.
K X X
Rate Point Order Delayed.
The common rate point order Of the
State Railroad and Warehouse Com
mission, scheduled to go into effec.
January 1, will not become operative
! until February / as result of an ora;
| stipulation made in District Judge J.
G.. Michaeps court.
X X X
Ruling May Stop Plans.
Tho r111inp IF