The Covington news. (Covington, Ga.) 1908-current, October 20, 1909, Image 11
TREASURY condition causing comment, Alonzo Richardson & Co., and Ex Gov. Smith Having Contro¬ versy Over Investigation. ,„ he report of the expert aecount Alonzo Richardson & Co., who al> audited the financial eornli . oitlv of'the has caused quite don j‘‘ State, a t of ar gument and discussion from men all over the state. JIr Richardson made the report that the treasury of the state would lack something like $700,000 of having anything' on the first day of next Jan¬ uary He also stated that on the first If January, $400,000. 1909, the It treasury is about had this a deficit of last January report that has caused Ex-Governor Smith to come out with statement in emphatic denial of the a that Richardson has daim, and says ma de a big blunder. In reply, Mr. Richardson stated that it was only a short time to January first, and that if yir. Smith would wait and see he would then know that the report was right. be found Mr. Smith’s Below will statement as to how the error occurr¬ ed, also Mr. Richardson’s reply to the interview: “The troublewith Mr. Alonzo Rich¬ ardson is that while he is an expert accountant, all expert accountants have not the information required for the duties of the governer’s office. “He lias undertaken not simply to make an accurate statement of an ac¬ count, but to pass upon other matters in reaching a conclusion which were outside of the provinces of an account¬ ant. “Mr. Richardson has reported that on January 1, 1909, the demand lia¬ bilities against the treasury of the state of Georgia exceeded the cash on hand $498,603.36. 1 have replied that I was governor at the time and I per¬ sonally knew that his report was in¬ correct. Mr. Richardson now under¬ takes to justify his report by stating that on January 1, 1909, the amount unpaid on the appropriation to the school fund for the prior year was $726,266.28, and this, with other un¬ paid appropriations, he charges as de¬ mand liabilities to the treasury. “The blunder which he has made has grown out not of the work of an accountants, but lack of information upon matters pertaining to state fi¬ nances. He did not understand that all appropriations were not due on demand— some one should have cor¬ rected this error before publication. I illustrate with the school fund to which he has referred. “The school fund is payable to the counties in Georgia only after the teaching lias been actually done in a county and the county school com¬ missioner has sent in his report for the teaching done, and it has been ap¬ proved by the state school commis¬ sioner. Not until the particular work for which the requsition is made by a county school commissioner has been performed in the county, and the state school commissioner has audited the hill, is the school fund a demand lia¬ bility on the treasury. Quite a number of counties in the state have moved their school work for which the appropriation of one }ear is made into the next year. They did the work in the early part of 1908 for which they were entitled to claim pay out of the appropriation of 1909. he school work covered by part of the school appropriation, therefore, had not been done on July 1, 1909. le county school commissioner could ■mt send his hill for work not perform to the state school commitsioner. e school commissioner could n "‘ a PP r «ve his bill. The c °uld not draw governor his warrant, and the appropriation was not a demand lia- 6l hty upon the treasury. Now, there was a subject upon 11 1 Mr. Richardson as an expert ceouutant could have done effective work. * could have made with practical J c Cul U( at cd ' advalorem a statement of all revenues .fjje taxes for 1909 due sta tc and collectible. __‘ e l 0l dd have deducted from the Patronize ■ White V ! Garbers I ^ ave a neat and well n^' 1 w ♦ S * 10 P' equipped with ! | o', H'miture and supplied . 'th hot ♦ and cold water. We I r 1 ’ r ' your trade from the i l lat we do first class f in r ’ t i an d white barbers all ♦ «e way through. ^ • J. Gober Ic U)v nigtoii, Ga. ; i - assets of the state thus shown all pnations for 1909. ap This would have given the true financial condition of the state. This was the most natural thing for him to have done. From my knowl¬ edge of Mr. Richardson as an account¬ ant, I have no doubt he did it. Why were not these figures given to the I public ? Was it because they showed that the treasury after collecting all taxes for 1909 and paying all appro priations for 1909, would have a sur¬ plus amounting to approximately $2 - 000 , 000 . “The efforts to question the correct¬ ness of my statement about the con¬ dition of the treasury have failed. “There were no demand liabilities upon the treasury January 1, 1909, in of " excess cash on hand. No proper management of the state’s finances can produce an excess of demand lia¬ bilities over cash on hand January 1 1910. “Correct statement showing the amount of taxes due and collectible for 1909, charged with all of the ap¬ propriations for 1909, would show a balance in favor of the treasury of over $1,750,000. “Now I am aware of the fact that there has been delay in the payment of amounts due to teachers in the ru¬ ral schools of the state. “Last year the state came nearer meeting these liabilities as they ma¬ tured than at any time heretofore. Warrants had been drawn before Jan¬ uary 1, 1909, for every claim present¬ ed by a county school commissioner and approved by the state school com¬ missioner for work done in the schools daring 1908. “No one desires more than I that the finances of the state should be so handled as to meet promptly all the claims of the county school teachers. “If the governor was authorized to borrow $600,000 to meet deficiencies of revenue during the summer instead of $200,000, and he used this power the affairs of the state, intelligently han¬ dled, could easily be financed and all liabilities to teachers met during the year as work by them is done, instead of waiting until the end of the year to pay up for services rendered during the year. This would certainly be true if pensions were paid one-half in March and one-half the last of the year. “I protest against the effort to cre¬ ate the impression that Georgia is a bankrupt. Our revenues are increas¬ ing. We paid out last year $600,000 more to education than ever before in the history of the state, and yet we passed the the first of January last year with cash in the treasury far in excess of all demand liabili¬ ties.” “Iam not concerned with any con¬ troversy between former Governor Smith and Accountant Alonxo Rich¬ ardson over the accuracy of the lat¬ ter’s recent report on the state treas¬ ury,” said Governor Brown. “The matter of proving or disprov¬ ing the correctness of that, statement” the governor continued, “is entirely between Mr. Smith and Mr. Richard- son. I employed Mr. Richardson to make a thorough and exhaustive ex¬ amination and report on financial matters for my own guidance and not to settle or raise any controversy. Inasmuch as Mr. Smith had employed Mr. Richardson to check the state treasury when Treasurer Pope Brown took charge, and because I knew his reputation for careful and accurate work, I employed him. I have noth¬ ing more to say on the matter.” RICHARDSON ANSWERS Alonzo Richardson & Co. made the following statement: “We have read Mr. Smith’s inter¬ view and can see very little, if any¬ thing, in it that calls for any reply from us. We have no disposition whatever to be drawn into any con¬ troversy regarding our report, or as to the condition of the state’s finances and, if Mr. Smith’s explanation of the long delay in paying the annual ap¬ propriations to the school fund is sat¬ isfactory to the teachers of the state, there is no reason why we should not accept it. “We have absolutely no interest in the matter except to present the facts and figures as we found them on the books. “Mr. Smith virtually admits the unsatisfactory condition of the treas¬ ury when he suggests in his article the advisability of the governor’s be¬ ing authorized to borrow $600,000 to meet deficiencies of revenue, instead of $200,000, as at present. He further expresses his desire that the finances of the state should be so handled as to meet promptly the claims of the county school teachers.’’ Oysters, we sell oysters, receiving them daily from one of the largest oyster dealers in the south, whose house has for fifty years been budd¬ ing a reputation by giving the best there are to the trade. We will sell these extra standard oysters at same price as last season, 35c per quart.— Parkers Place. —FOR SALE—A good farm for s ale 80 acres, more or less, near town.— Dr. J. A. Wright, Covington, Ga. tf FOR RENT—From 3 to 6 rooms in desirable residence on Monticello street. Apply to this office.—tf THE LOVINGTON NEWS Mr. W. F. Gay, of Newborn Wore the Jacket He Used During The Civil War. “One of the attractions of the re¬ cent reunion was the old Confederate jacket worn by Mr. W. F. Gay, of Newborn, Ga. Mr. Gay wore the jacket to the reunion in order that the people here might see just the kind of jacket the Confederate soldier had d uring the war. “Wherever he went Mr. Gay was the center of a crowd of interested people, who were anxious to take a look at the faded jacket so full of glory. “Mr. Gay had with him an old let¬ ter that was written on May 19, 1864, by Lieut. B. F. Persons, of Monticello Ga., to Mr. Mike McDowell, of that place, a brother of the late Mrs. Clovis G. Talmadge, of this city. “In this letter Lieut. Persons told of the terrific fighting around Spott sylvania and particularly of the battle of May 12, when Gordon and his men drove the enemy from the salient. Lieut. Persons was in the column that supported Gordon at that time. In that battle four were killed in his company; twenty-eight wounded and but eight left with the company. “Mr. Gay also had a copy of an old furlough signed by Capt. George Bart¬ lett, father of Congressman Bartlett, of this state.”—Athens Banner. Husband Ordered It, Wife Criticised It. On the midnight train ride from town, where he and his wife had been entertaining one of his best patients at dinner and the theater, the subur¬ ban doctor spoke bitterly: “What a dinner! And It cost $15. The cooking In these big hotels Is atro¬ cious. They smear sauces over every¬ thing. I suppose It Is to hide poor ma¬ terials.” “It Isn’t the fault of the cooking that our dinner was a failure. It was Its selection that doomed It.” “What was the matter with the se¬ lection?” “You should not have done the or¬ dering. You have your meals chosen for you almost every day In the year. It Is the women of people In our cir¬ cumstances who ought to arrange tht menus at restaurants. Look what you ordered! Bisque of lobster—a soup with a body of thick white sauce. Sweetbreads—cooked, as usual, with a cream dressing. Virginia ham with champagne sauce—a brown sauce as thick as molasses. Then for dessert you took a chance on pudding Relne Victoria—candled fruit and lady fin¬ gers swimming in soft custard.” “Well, how Is a fellow to know? Lobster soup, sweetbreads, Virginia ham and pudding Relne Victoria—It sounds fine.” “But a woman knows that It Is a wretched combination of splendid dishes. It Is the woman’s dull duty to choose menus for 305 days In the year. She learns a good deal about selection. Yet when a, sum of money, equal to a week’s food expenses, Is to be squandered on one dinner at a hotel It Is the man who seizes the menu and tries to look capable. He makes a failure frequently, as you did tonight It would hare been a pleas¬ ure for me to order a fifteen dollar din¬ ner—a change from manipulating din¬ ner for four on $1. But men feel too Important In a restaurant to submit the menu to their wives for assist¬ ance."—Exchange. Objection Was Overruled. a popular politician tells a story about one of his electioneering cam¬ paigns. He had arrived about uoon at a certain small station. He started out after dinner for a walk about the vil¬ lage, on the outskirts of which he came upon a building thronged with people. and The building was a church, a wedding was about to take place. He edged his way through the crowd until he reached a spot where he had a good view of the bride and bridegroom and the clergyman who was about to per form the ceremony. The church was packed, with the ex¬ ception of a low. dark gallery near the roof. This was apparently deserted. The minister proceeded with the ceremony until he came to the point where custom required him to pause and inquire if there was any one pres¬ ent who knew any reason why the couple should not be made husband and wife. A hush fell upon the as¬ semblage, and every one waited in breathless suspense. Something of a sensation was caused when a voice same from tfcs upper gaHevy, saying: “Yes, I do.” All eyes were turned to the gallery, where, seated all alone in the gloom, barely discernible, was a meek looking little man, with a haggard face and disheveled hair. After the clergyman had recovered from his surprise he said sternly, “State your reason, sir!” The suspense was turned to merrl ment by the little mans reply: “I want the girl myself,” he said.— London Tit-Bits. “How does your boy take to life on the farm?” “He worries me," admitted Farmer Haw. “He won’t do enough work to reminisce about in case he ever gets into politics in future years.”—Louis¬ ville Courier-Journal. The Putnam County Fair TO BE HELD AT Eatonton, Georgia 26 , 27 , 28 , 29 , 36 , 1969 . All Putnam Invites You The only harness races in Middle Georgia this season. A Midway filled with clean shows. The event of the year. Yon can’t afford to miss it. Excursion rates on Central Railroad. PROFITS CUT ALL TO PIECES ON PIANOS Ten or Fifteen Different Makes. $10 Profit on Factory Prices. See This Line Before You Make Your Purchase. It Means Money To you. C. A. HARWELL, Leader In Furniture and Undertaking Covington, Ga.