anaheim-gazette 1906-11-01
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The Deposit System of Caring for Public Funds
By A. B. Nye, Private Secretary to the Governor.
To the voters of California there will be presented at the election on November 6th an opportunity to free themselves from a costly and foolish state treasury system and to substitute one more in accord with modern practices and up-to-date ideas. All of the more progressive eastern states have already made the change, or are preparing to make it, and there is no reason why California should hesitate to follow their example. It is only necessary to adopt Senate Constitutional Amendment No. 38 to effect the reform.
Up to the present time, as most voters are aware, the state funds, amounting at times to eight or ten million dollars, have been kept in the state's own vaults, secured by bolts and bars and guarded by watchmen. And while the state has been doing this, the fifty-seven counties have been doing the same thing, or, if not actually locking up their surplus funds in the counties' own vaults, have been placing them on "special deposit" in the banks, which just as effectually withdraws the money from circulation. Many of the municipalities have pursued the same course.
The many million dollars which are thus hoarded earn no interest, which in itself involves a heavy loss, but a far larger loss arises from the handicap imposed on general business by the locking up of so much capital which ought to be kept in useful employment.
Meanwhile other states have found that it is equally safe, if not safer, to keep their surplus funds in bank; that by so doing they can be made to earn interest for the tax-payers, and that commercial prosperity is promoted by
in itself involves a heavy loss, but a far larger loss arises from the handicap imposed on general business by the locking up of so much capital which ought to be kept in useful employment.
Meanwhile other states have found that it is equally safe, if not safer, to keep their surplus funds in bank; that by so doing they can be made to earn interest for the tax-payers, and that commercial prosperity is promoted by keeping the money in circulation. All but a few of the states have discarded the hoarding plan in favor of the deposit policy; others are intending to do so, and California, unless she makes the change soon, will be left standing alone as the single adherent to an antiquated and uneconomic system.
During recent years the state treasurers of this state, as well as the present governor and the state controller, have repeatedly recommended the deposit of state funds in banks under conditions which would practically eliminate possibility of loss. A policy so evidently correct would doubtless have been adopted but for the restrictions of our state constitution, and it was to remove this difficulty that the constitutional amendment was by vote of the last legislature submitted to the people for ratification.
The proposed amendment is intended to add a new section to Article XI of
Consumption
There is no specific for consumption. Fresh air, exercise, nourishing food and Scott's Emulsion will come pretty near curing it, if there is anything to build on. Millions of people throughout the world are living and in good health on one lung.
From time immemorial the doctors prescribed cod liver oil for consumption. Of course the patient could not take it in its old form, hence
is anything to build on. Millions of people throughout the world are living and in good health on one lung.
From time immemorial the doctors prescribed cod liver oil for consumption. Of course the patient could not take it in its old form, hence it did very little good. They can take
SCOTT'S EMULSION
and tolerate it for a long time. There is no oil, not excepting butter, so easily digested and absorbed by the system as cod liver oil in the form of Scott's Emulsion, and that is the reason it is so helpful in consumption where its use must be continuous.
We will send you a sample free.
Be sure that this picture in the form of a label is on the wrapper of every bottle of emulsion you buy.
Scott & Bowne Chemists
409 Pearl Street New York
50c. and $1; all druggists
REPUBLICAN TICKET
FOR GOVERNOR
A. Gillett...of Humboldt
CONGRESS—Eighth District
Smith...of Bakersfield
COUNTY Ticket
FOR ASSEMBLYMAN
Bishop...of El Modena
FOR COUNTY CLERK
Williams...of Orange
FOR SHERIFF
Walker...of Buena Park
FOR RECORDER
Peters...of Santa Ana
FOR AUDITOR
Lester...of Santa Ana
FOR TREASURER
Potter...of Santa Ana
FOR TAX COLLECTOR
Anb...of Santa Ana
FOR ASSESSOR
Scott...of Santa Ana
DISTRICT ATTORNEY
Lvis...of Santa Ana
PUBLIC ADMINISTRATOR AND CORONER
Smith...of Santa Ana
SUPERINTENDENT OF SCHOOLS
carpenter...of Placentia
FOR SURVEYOR
Schenck...of Santa Ana
FOR SUPERVISORS
First District
Smith...of Santa Ana
Second District
Moore...of Smeltzer
Third District
E. Dutton...of Anaheim
Fourth District
McMullan...of Olive
Fifth District
W. Angle...of Santa Ana
CES OF THE PEACE
ANAHEIM TOWNSHIP.
DEMOCRATIC TICKET
FOR GOVERNOR
Theodore A. Bell...of Napa
FOR CONGRESS—Eighth District
C. A. Barlow...of San Luis Obispo
County
FOR COUNTY CLERK
S. N. Fuller...Fullerton
SHERIFF
Theo. Lacy...Santa Ana
AUDITOR
C. W. Warner...Huntington Beach
TREASURER
J. C. Joplin...of Trabuco
TAX COLLECTOR
F. M. Robinson...of Santa Ana
DISTRICT ATTORNEY
H. C. Head...of Santa Ana
SUPT. of SCHOOLS
J. J. Ziellian...of Tustin
SURVEYOR
S. H. Finley...of Santa Ana
ASSEMBLYMAN
Dr. M. A. Menges...of Santa Ana
SUPERVISORS—FIRST DISTRICT
Ed. Waite...of Santa Ana
SECOND DISTRICT
J. C. Ord....of Huntington Beach
THIRD DISTRICT
D. S. Linebarger...of Fullerton
FOURTH DISTRICT
G. D. Toothaker...of Orange
FIFTH DISTRICT
T. H. Smith...of Tustin
Township—Anaheim
Justice of the Peace
S. Littlefield...of Anaheim
CONSTABLE
Fred Johnson...of Anaheim
Township—Fullerton
Justice of the Peace
Pitkin'
Guaranteed for painting barns, rooftops and gallons and 1 gallon that there are no material than those made in one gallon of feet two coats, on rough wood work.
L.
Fresh Stock
Ball Mason
Economy Fruit Jam Extra Tops for Ed.
Ball Mason
Pints, 65c; Qt s, 75c
To Farmers
Stockmen
Dairymen
At 40 cents per ton f.o.b.cars best Dairy Food in California
Los Alamitos
Political Announcement
J. C. ORD
Of Bay City, regular democratic nominee for Supervisor
SECOND DISTRICT
which is kept locked up, and therefore withdrawn from business uses, is, perhaps, $20,000,000. The state treasurer makes monthly reports, and from these it appears that the average monthly balance of state moneys alone, for the two fiscal years ending June 30, 1906, were:
For the 56th fiscal year, $4,032791.59, and for the 57th fiscal year, $4,342.054.21.
Think, for a moment, what it means to take $20,000,000 out of the channels of trade. Money is worth what it will earn, and if the average earnings of capital are put down at no more than five per cent, the withdrawal of the amount of capital mentioned means a direct loss to the people of California of $1,000,000 per year. It is impossible to estimate the indirect loss, but it is doubtless much greater. Depositing money under the severe restrictious prescribed in the constitutional amendment now proposed the state, counties and municipalities cannot expect to receive a high rate of interest, but they are sure to receive at least two per cent on $20,000,000 would mean $400,000. If only $15,000,000 of the $20,000,000 could be conveniently paid to farmers, stockmen, dairymen or at 40 cents per ton f.o.b. carriage best Dairy Food in California.
Mr. Giffett and the Liability Act
For many years the traitors United States have endured cure from congress the Employers' Liability act session of congress it came sideration before the House committee, of which Mr. member. He advocated the measure and President who was also interested in invited him to a conference House where the matter was discussed. The President himself strongly in favor and Mr. Gillett told him do all in his power in its action.
At the subsequent session judiciary committee, Mr. Gillett cated a favorable report there was a serious question bill as presented gave to the first claim as against children or dependents. To Mr. Gillett presented an amending the priority of it was adopted. When he came before the House on Congressmen Sterling or Gillett of California repell bill and defended it again It was passed, went throughate, was signed by the House is now a law.
MONEY
can be borrowed favorable term
SAVINGS, LOAN AND BUY ASSOCIATION OF than from institution
A Home Institution conducted by home If you want to borrow at a low rate to pay present mortgage, or a home or to improve
received that these careful provisions fairness in the management of deposits and will exclude loss. If adopted, it will carefully guarded depositions possessed by any state in More than forty states and are now depositing their funds in banks, and not one does much iron-clad regulations as provided for California. If other states are safe in making without these restrictions, California, with them, can feel uneasy to ascertain the extent of the amount of public funds in Californias were obtained from the issuer and from county and surfers. All of the different treasuries were asked to give their holdings on or near Monday in January, 1906, and Monday in July of the same year all but a few instances the treasures furnished. For the former two dates the totals were:
- Treasury held $6,887,454.03
- Treasuries held 16,256,480.07
- Treasuries held 4,926,115.95
- Total $28,069,050.05
necessary to give the detail for the first Monday in July, be said that at that date the holdings of cash in state city treasuries was about six dollars less than it was six earlier in the year. Quite a bit of the cities, acting under auctions their city charters, deposit in banks, and but for this reason of the boarding reported have been somewhat greater.
Average amount the year around
Catarrh Cannot be Cured
with LOCAL APPLICATIONS, as they cannot reach the seat of the disease. Catarrh is a blood or constitutional disease, and in order to cure it you must take internal remedies. Hall's Catarrh Cure is taken internally, and acts directly on the blood and mucous surfaces. Hall's Catarrh Cure is not a quack medicine. It was prescribed by one of the best physicians in this country for years and is a regular prescription. It is composed of the best tonics known, combined with the best blood purifiers, acting directly on the mucous surfaces. The perfect combination of the two ingredients is what produces such wonderful results in curing Catarrh. Send for testimonials free.
F. J. CHENEY & CO., Toledo, O.
Sold by Druggists, price 75c.
Take Hall's Family Pills for constipation.
Anaheim to Chicago Daily
The Santa Fe is now operating a Through Tourist Car, daily, between San Diego and Chicago. This car leaves Anaheim at 5:52 a.m. and runs through to Chicago in three-and-one-half days, arriving in Kansas city at 6:40 a.m., connection is made in Union Depot with outbound morning trains of all roads.
9:6 9:27
Mitkin's Barn Paint
Guaranteed for five years. Especially adapted for
cutting barns, roofs, bridges, fences, etc. Put up in 5
ton and 1 gallon cans, full measure.
Nearly forty years experience in the art of making
paint and thousands of tests, have proven conclusively
there are no more durable paints made from any matal than those made from oxide of iron.
One gallon of our Barn Paint will cover 200 square
two coats, on ordinary new wood work; on old or
th wood work, less.
AT—
L. E. MILLER'S
Fresh Stock of
Full Mason Fruit Jars
Economy Fruit Jars, Rubbers, Sealing Wax and Caps.
Tops for Economy Jars.
Full Mason Jars
s, 65c; Qts, 75; ½ gal., $1 00.
Good Jelly Glasses 30c. doz.
A. NAGEL
Sugar Beet Pulp
(Kow-Breakfast Food) FOR SALE.
ents per ton f. o. b. cars or wagon fresh from Factory. Conceded to be the cheapest and
dairy Food in California. Write for freight rate if too far to haul.
Los Alamitos Sugar Company
A. NAGEL
Sugar Beet Pulp
(Kow-Breakfast Food) FOR SALE.
Los Alamitos Sugar Company
"Molasses all sold out." [aug9-3m] Los Alamitos, Cal.
Giffett and the Employers' Liability Act
Many years the trainman of the United States have endeavored to seize congress the passage of theayers' Liability act. At the last of congress it came up for conition before the House Judiciary Committee, of which Mr. Gillett was a mer. He advocated the passage of measure and President Roosevelt, was also interested in the bill, in him to a conference at the White House where the matter was thoroughly discussed. The President declared strongly in favor of the bill. Mr. Gillett told him that he would win his power in its interests.
The subsequent sessions of theury committee, Mr. Gillett advocated a favorable report which carried out was a serious question that the presented gave to the creditors a claim as against widows, children dependents. To avoid this Mr. Gillett presented an amendment, pre-ing the priority of creditors, and adopted. When the measure before the House on final passage pressmen Sterling of Illinois and of California represented the defended it against all attacks. Passed, went through the senate signed by the President and law.
HONEY
can be borrowed on more favorable terms from the WINGS, LOAN and BUILDING ASSOCIATION OF ANAHEIM than from any similar institution in the State Home Institution... Inducted by home men
CENTER Market
Carries a choice line of Fresh and Salt Meats KARL KLEMENT, Prop.
Phone Main 123 Center Street, ANAHEIM
CITY MARKET
In New Odd Fellow's block
The Best of Fresh Meats Constantly on Hand
CITY MARKET
In New Odd Fellow's block
The Best of Fresh Meats
Constantly on Hand
Hams, Bacon Sausage
F. W. Fleischman
LUMBER
Sash, Doors, Shingles
Shakes, Lath, Cement
Lime : : : :
C. Ganahl Lumber Co
CHAS. F. CRIM, Manager
EAST CENTER ST., ANAHEIM
O. LAGMAN
Builder and a Graduated Architect
Having 28 years experience in building constructions and thoroughly versed in designing Artistic Homes.
Consult me before building and I will submit Plans, etc., of new ideas right up to date and save you money.
RESIDENCE NO. 207 HERMINE STREET
P. O. BOX 253
ORPHANAGE REPORT
The following children have been admitted into St. Catherine's Orphanage since the last publication:
Half Orphans—Albert G Cruz aged 3 yrs 6 mos, Albert Phillips Dunford aged 8 yrs 7 mos, Evaristo Ezani aged 9 yrs 7 mos, Jerome Ezani aged 7 yrs 2 mos, Joaquin G reis aged 11 yr 2 mos, Carl D Schumacher a ed 8 yrs 5 mos, Elmer Trimble aged 2 yrs 2 mos, Jesus Tremlerra aged 11 yrs 9 mos, Sylvester G Crentz aged 10 yrs 3 mos, Lawrence T Crentz aged 8 yrs 9 mos.