Every evening, Wilmington daily commercial., 1920-09-02
BUDGET SYSTEM
Continued from page l

the bankers in their respective sections. .
IN said. were most helpful factors in the
year : advance. Thanks to the member
banks, these meetings were made the
occasions of discussion along broad lines.
and IN a fraternal spirit. Every part of
oi the State was reached in this way. and
the people were made to feel that the
ASSOCIATION belonged to no particular
section, but TO the State at large, and that
every banking community deserved the
associations best thought and greatest
assistance. We have kept to the fore
the great question of education. and it is
not too much TO say that our efforts have
impressed upon the people the sacred
duty of abandoning technical differences
N the interest of Statewide revival
OF learning. There can be no doubt that
Delawareans are thoroughly united on
the all important work of educating the
using generation, and preparing ii proper
" for It's place in World affairs. 1t is a
matter of special interest to the bankers Of
the state that economies and business
administration be taught in our schools.
and that the course IN these subjects es-
labhshed at Delaware College be given
generous support. The Parent-Teacher
Association, which has been organized
zach school district 10 the grave necessity
of better school conditions, is also most
deserving OF our consideration and help.
We need TO encourage and uphold every
educational agency as the best means
oi culvltvatng and solidifying a healthy
-ItIzenship.
No question has received more
thoughtful attention than that of reform
m our State government. The abolition
OF unnecessary offices, the focusing of
resonsibillty on those who should be
primarily accountable to the people.
the adoption of better methods for the
administration of State finances. through
the medium of a Budget System, have
all been given careful consideration. II is
lamentable that our State, with its very
large income should show deficit al the
end Of any fiscal year. But it appears bv
recent report that, though there was
paid into the State Treasury for 1919.
sl,s50,114. we managed to expend
81 ,933 ,64s, and closed the year with a
deficit OF S3o,s14. The taxpayers are wide
awake TO existing conditions, and con-
certed action and concentrated effort
Will be made TO bring about the radical
change that is absolutely necessary. The
report Of the excellent work done bv the
way incidentally, the accomplishments
OF the State Board of Charities will show
very conclusively what can be done in the
way OF economy, combined with greater
efficiency, II the General Assembly will
pass the necessary legislation.
We have brought the banker and
farmer INTO more intimate relationship
They are better acquainted, and have
greater confidence IN each other than in
times gone by. The farmer is most ap-
preciative of the associations efforts in
his behalf, and the banker feels better for
having done something for the farmer. In
this connection, we owe the officials of the
agricultural experiment station at Della
ware College our warmest thanks foI
their intelligent and hearty cooperation
and they are well deserving of our con-
tinued recognition and assistance. The
farmer Is an absolutely essential element
m our state, so much so tn at without
him, we ourselves, would fail There is.
therefore, every incentive TO give him
our unbounded confidence and our best
help. il the farmer fails, general disaster
0vertakes us. There is nothing We can do
that VIII so sue,y aid to the wealth of our
state, as 10 help the farmer help himself
The farmer should have his land and
equipment free and a reserve fund for
emergencies. This may be said to be ideal
and Il rs, but it IS in ideal worthy of the
fullest realization. Our campaign for
greater thrift aud savings has gone for
ward most eneouragingly, but, when we
consider how much remains TO be done.
With the deepest sorrow | announce
the death Of George II. SpacEman, presi-
dent Of the Wilmington Morris Plan Bank.
Permit me 10 say, as a last word. that
] regard the financial institutions of
Delaware as an integral part Of the
whole financial structure of the nation.
We now have a wider vision and a strong
81 spirit. We are Of one mind and one heart:
inspired 10 labor zealously for the good of
our State and our country; and though the
times be turbulent and the future uncer-
tam, IN the exercise Of a sound judgment
and m the lofty patriotism OF true Ameri-
cans, and true Delawareans. we viii iear-
lessly discharge our whoie duty, as God
giyes US the light to see it.
BUDGET SYSTEM FOR DELAWARE.
trgins the adoption Of State budget