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THE BRATTLEBORO UAILT REFORMEH5 SATURDAY; JANUARY 29: 1921' r
NO TREASUR Y S URPL US IF PROPERLY FIGURE! OMN MERRILL ASSERTS Says Governor Clement's Apparent Treasury Bal ance Was Obtained by Ig noring Fixed ; Charges and Money Pledged for Appropriations DEFICIT LIKELY, EXPENSES TOO HIGH $1,500,000 Bond Issue Was Not Necessary for Sol dier Bonus 40-Cent State Tax Not Required Either Clement Run ning "True to Form" The Burlington Free I'ress prints an interview with Olin Merrill relative to Vermont's state finances, with particu lar reference to the alleged surplus of 52V.0,(XM). Mr. Merrill shows that the issue of bonds by the state to the Amount of $1.00.0)0 was not necessary, or that the state tax of 40 cents on a dollar of the grand list was not needed. Mr. Merrill makes the interesting ami not altogether reassuring statement that at the end of ?0 years the bond issue will have cost the taxpayers of Vermont a total of $2.500.40O.SO. This- will nec essitate the withdrawal from the state treasury every year for the period named of S3,C4S.OO to meet the pay ment of the bonds and interest. It also anpears that the apparent sur plus of $'2,oi (0,000 which it was said the state would have on hand July 1. 1021. was obtained by treating the cash in the treasury as a clear surplus and ignoring the fixed charges and pledged lnonev which the state must unv. , '. i r . ..i i -ii is not a surplus but a cash balance "IM,1" "l J -- -,-,... .-, Th tnasurer-s fil,ant.iai statement dicates a deficit, if appropriations are jjy 102O. page 12. shows .$O70. lnade as recommended by the budget 1,".,',S as a balance to the credit of ap ..i,,;t..u ,.f at i- r-i... .,., -w propriations that date as follows: . . , , '. ct -n,, -.,o Highway bridge fund chairman, of no less than S 1. ..oO.. 1Ii;cnvav machinery and with a large increase in the state's cur-1 equipment rent cxiK'iiscs in the net biennial ncriod. Soldiers' Home estimate, but the latter part of March, or the first of April, Governor Clement addressed the joint assembly in a mes sage iu which he stated that it would require a 40 cents tax to meet the expenses- of the biennial period, but he recommended, on account of the unexpended-balances that might be in the treasury, a "50 cents tax. stating, how ever, that it would create a deficit of :? 700,000. Jt is common knowledge that the gov ernor of the state has it in his power practically to dictate the sum total of the appropriations and the tax required to meet them during the biennial period of his incumbency of the office. In some states, like New York, sep arate items of any appropriation can be vetoed by the governor after the legis lature adjourns, but in our state a gov ernor's influence is potential, enough so . ilature. that a veto of an appropriation bill re-j cannot be ported by tne ways ana means commit tee is unknown, and it is unimaginable that Governor Clement could be com pelled to approve of any measure that he considered would reflect unfavorably against his administration while gov ernor, it seems mat iiovernor elem ent's message was all that was neces sary to secure a vote for a 40 cents tax which created over a million of surplus which is now -in the state treasury. The Clement Plan. Second : You inquire if. '"that part of Governor Clement's message which is 1 under the heading of "finances" is a fair tatement of the financial condition of I the state treasury." I cannot say what Governor Clement had in mind in summarizing the cash balance at different periods named in his message, lie had no warrant, how ever, tor the statement in his message under the heading of Finances which 1 the people to believe that the treaus- urer would have .July 1, 15)21. $2..ii(0, (MK) in the treasury as liquid assets, when he should have known the facts, and it is incomprehensible to think he would make such a statement without full knowledge that SI, 403.20.0."'. of the above amount was unexpended balances of appropriations already made. Where he says. "I believe it would be of more benefit to the state if at least . ;0,(HM of this money were in the pockets of its citizens," it shows a gross lack of investigation as to the true fi nancial condition of the treasury. The state treasurer's report shows cash on ind July 1. 15)20, 1.5r,.122.o;. This If Mr. Merrill questions reconmienda- i State' rcforma- 10.01 il.sts.i:, i,.-:4.07 in New York, if the retiring governor. Smith, a Democrat, should prepare a budget for the incoming governor, Mil ler, a Republican? The members of the committee, outside of the state treasurer, auditor of accounts, director of state in stitutions, which constitutes the board of control, with members representing the finance and appropriation committee of the senate, representatives of the appro priation and the ways and means com mittee of the house of two years ago, constitute a budget committee to pre pare a budget for the Incoming legisla ture. These men. outside the elective offi cials, represent an administration that has passed into history with its work completed and cannot possibly have that keen sense of responsibility that would attach to members of the incoming leg- Some of the board of control entirely free to render an un biased opinion in deciding what increased cxiK'iise should be recommended. For instance, the director of state in stitutions unquestionably sees a great many things that ought to be done, a large number of improvements that ought to be made, that has always been so and always will be. This places him in a rather embarrassing position and one that has a tendency to appeal to his sympathies rather than to his better judgment. This is the very condition that is complained of in congress. I'n der the present system the various de partments submit their estimates, but they are much interested in obtaining an wieir estimates can lor, and it has been found im-ossihlc to have an eco nomic and efficient administration "with these conditions obtaining. Hence, the demand for a budget com mittee that has no personal interest in the matter of appropriations. Our elec tions take place in November. There are two months between election and convening of the legislature for the gov ernor and those selected as his associates to prepare a budgt. A budget committee, made up with the incoming governor as chairman, the au ditor of accounts, state treasurer and tax commissioner, the governor having authority to appoint two who have no direct interest in the appropriations to bfi recommended, ought to be a workable body along the lines of efficiency and economy. Budget for 1921 Excessive. . As to the particular budget submitted, it would seem that the amount recom mended is excessive. The increase of the current expenses amount approxi mately to SOOO.OtlO. That with the spe cial appropriation recommended of $704. 5(1 S. eives a total of SI 1414 I1K i of state exjM'iise for the next biennial J period. Unquestionably certain of their recominendatkxns ought to meet with the approval of Urn legislature. Is this not an inopportune time to increase the bur den of taxation to any such extent as is recommended by the budget commit tee? In this connection I wish to submit an observation your letter does not in vite. For several years there has been more or less sentiment expressed in fa vor of having the governor live at Mont pelier. The state should purchase a gov ernor's home and he should give his un divided attention to the various inter ests ot the state, louay conditions a i rr- a f t f a. tk,t entirely uirrerent irom ju to years ago. Turning to the budget committee's estimate, they recommend an cxiendi ture of over xix million for the bien nium. Practically three million a year. A private business that was responsible for that amount of money would cer tainly want a general manager to give his lest service. It is not iossibIe to obtain a thoroughly efficient adniinistfa- BRATTLEBORO LOCAL (Continued on Page 6.) r 4. 46 26 3 45 24 22 b I JLt 7 A. IT I 20 4i 4 ea V 23 bA ' so .1 Just look Draw from the end. one WHO s to two here ! and so on An informal tea was given yesterday afternoon by Miss Dorothy Schwenk in honor of Miss Mary Delano, who is her guest. Fourteen young women were present. Thirty-five relatives and friends gave Mr. and Mrs. Ernest Starkey of 8 Stew art place a surprise party Thursday eve ning in recognition of the birthday anni versaries of both which came during the i week. A pleasant time was enjoyed and are refreshments were served. About ?0 couples attended the sub- i sermtion dance in the Unitarian parish house last evening. Snow's orchestra furnished music. Punch was served. Miss Bertha Piggott and Miss Leila Knapp were the chaperons. The dance was under the management of Cedric Emerson and William Ileywood. Employes of The IIolstein-Friesian Register company and invited guests held a fancy costume party at the home of Mrs. Ina McDonald on South Mai street Thursday evening. Prizes for best and most ridiculous costumes were won by Miss Mildred Proctor and Miss Alice Macdonald. The decorations were of pink and green. A musical program, dancing and buffet lunch were among the features of the evening. The annual banquet of the P.araea class, No. 7, Baptist Bible school, will take place Thursday evening, Feb. Iiev. .7. B. Lemon, D. D., of Greenfield, Mass., js to be the speaker. Dr. Lemon formerly was one of the foremost leaders in Manchester, N. II., and more recently in Cleveland. He is a man with a mes sage. The Diamond which Christ Wore is to be the title of his address. A chicken-pie dinner will be served at about G.30 b clock. Dr. Nathan Howard Gist of Boston will address the Brattleboro Woman's club Wednesday afternoon, Feb. 2, on the sub ject, The Wisp and Otherwise. Dr. Gist lias a vital message for every audience, because he knows American and Ameri cans. He makes good because he knows people as well as he knows book. He in spires his audiences because he has some thing to say and the force tf drive it home, a message that lifts people to a higher plane of thinking with a desire to have a more active part, with fair play, in the game of life. All the teachers of the town are invited as guests of the club. Members of the Spofford Lake Protee-, uve association nave received within a few lays from Secretary Paul C. Estey copies of the new order of the New Hamp- Klne state board of iealth estahlishin? regulations to protect the purity of th water of Spofford lake in Chesterfield. The members are asked to secure addi tional members. The association exerted its efforts to the utmost to have Spofford lake protected from pollution. The regu lation provides that no lavatory or build ing or structure in which horses, cattle, swine or other animals or fowls are kept shall be maintained within 7.1 feet of the lake or any of its tributaries, that no sew age or dirty water shall be allowed to run into the lake or its tributaries, that no dead animal or fish or food or any perish able or decaying article shall be thrown iii to the lake or allowed to remain within 7." feet thereof, and that no waste mate rial shall Ik thrown on the ice of the lake (r its tributaries. ' PACKED TO and Serves Its Mission 0Q(5 nn HQ pm TEA , .. . , 7; USED IN MILLIONS OF TEAPOTS' DAILY, "Beware of Imitations.' Sealed Packets onlyli in no a Wednesday, February 2 Return Engagement of the Ferdinando Orchestra FESTIVAL HALL UNDER THE AUSPICES OF Brattleboro Business and Professional Woman's Club This will be the last appearance of the popular artists for some weeks. Concert 8-9 Dancing 9-i Gentlemen $1.10, Ladies 60c to IPM All Quality House prison tions of the director of state institutions spate's prison and and recommends that the new governor! of Correction .. instead of the retiring mncrimp shoiiM Sprinkling system help make up the budget at the begin- ihni' f,,r . , . ...... . s Secretary of new governor is always the one directly , Highway's federal work . concerned. Mr. Men-ill mfervieiv -..'Highway's federal work full follows : feeble-minded state index- LM.r.tiS.Ol r,..ra.ss 14.!I7 !.! 41,40-J.SO I ill 1 i - - r if I esteemed favor and I assure you that 1 ' sympathize most fully with your purpose to create a spirit and inlluence that will insure an economical administration of the state's finances for the two vears , ensuing. This is especially necessary, as the influence radiating from Govern or Clement's ree iniincndations for the past two years was certainly of an en tirely different character, and has in spired largely demand ftr extravagant expenditures of money by the present legislature. I will answer your ques tions seriatim. First : You inquire if. in my opinion, it was necessary to issue Jl.rH),(MK bonds for the soldiers' bonus. My an swer is unqualifiedly "no." My conclusions are based upon the re port of the auditor of accounts, which lie makes extending back to 1!11 cover ing the different biennial periods, is un deiVtandnble to even a laymen. This in cludes both the revenue received and dis bursed. Beginning with 100?, up to 1)1S Ver mont had no direct state tax except in 1014. when a 10 per cent tax was lev ied and 1017 when a .1 -r cent tax was levied. Then came extra expenses inci dent to the war period partieular'v the large amount of bonus paid our soldiers. This and other increased exnenses insi- dent to the war gave us a L'O per sent tax in 101S and 1010. 40 ner rent tax 1020 and 10J1. In meeting this extra expense two methods could have been pursued issue bonds, or increase the tax rate. Cer tain! v it was not necessary to do both, which has be"ii done.. If you refer to the auditor's compara tive statement of revenue received and expendod for the years 1017. 101. 1010 and 10'0 you will sie that over 1?1.4"'J. 475.20 of this bonus was taken care of in the current expenses of those leennial periods and at the close of 1020 with this amount fully paid, there was a de ficit of Slil,07..(JI which would be more than taken care of. this fiscal year un der the 40 cents tax. Si we have saddled on to the state unne -essqr'lv S 1 .."( K l.OO in bonds nav able S.VMMM) a year for .".0 years. When . the last bond has been paid the state J will have paid out S0SN.125 interest ami the discount of $2t;i44.SO. making the total, interest and discount, $1,000. 400.SO. which with the principal, makes a total cost to the taxpavers of Vermont of S2.r,00.4(O.SO. This means that it, requires an average of .sS.',04S.OO drawn from the treasury each year to meet the payment of bonds aitj interest. To cor- ln addition to that shown in the treasur er's financial statement The Family Shoe Store 000.000.00 m. a a 1 DUNHAM BROTHERS COMPANY IE Mail and Thbne Orders Given Prompt Attention Making a further total of unexpended balances of S 7S7.0S4..TT Add the treasurer's bal ance as shown by re port .lulv 1. 1020 as re ferred to above G7G,20."..,;S Total unexpended bal ances .1.4;.o.,2s0.0.". A greater part of this amount must be out or the treasury by this time. To il lustrate: In the cash balance shown is the automobile maintenance fund. $."i(l. 77s. s7. As is well known this fund ac ciinulates during the year and is paid out the latter part of the fall, but June .".0. at the close of the fiM-al year it is in the cash balance. Not a surplus. It is in no way a surplus but merely a rash balance of uncxiended appropri ations, deducting the Sl.lO'VJSO.O.'i. the unexpended balance of appropriations already made, from .$2.r00.(KK). Governor Clement's statement in his message of cash on hand July 1. 1021. leaves a bal lance of .$1.12;.710.0.", a close approxi mation to the budget committee's show ing of surplus available. Governor Clement iu his valedictory to the people of Vermont appeared in a double role, a sort of Jekyl and Ilvde. As governor, in his final message, after recommending to tne legislature tne ex penditure of ;1.2.'",U'00 for different ob-je-ts. closes as follows: "Ail of these improvements to our :-tt'te property are. needed and could be made out of this surplus now on hand ; and at the same time we can go for the next bienniuin without anv state tax at all." Now as chairman of t tie budget com mittee, after recommending- seeial ap prooiiations of .7'4.01S in place of the S1.2."UHH, which he recommended as governor, being $ 4N.,.Os2 less than recom mended in his message and applying the surplus of Xl.l(KMH). the treasury shows a deficit of .$1,.":'0,.""i2S. requiring a ."." cents tax. as shown by the following statement taken from the budget com mittee's report, of which Mr. Clement is chairman : "Deficit to be provided for, of appro priations are made as recommended, $1, .;0..12S." Adding the .S4s..OS2 to the $1,.T0. ."2S we have i2.01.-i.10. which would be the amount of the deficit July 1. 102.'., ' provided the legislature accepts Mr. Clement's advice as governor, instead of the budget committee of which he is chairman Footwear at Greatly Reduced Prices Big Clearance Sale Now in Full Swing Which includes our entire slock of shoes for Men's Boys' Women's Misses', Children's and Infants' Styles many of these marked at prices regardless of coSt, in our effort to bring down the cosl of footwear to rock bottom levels. Below is listed some of the many attractive values on display throughout our two large Stores. Men's Department liroken Ixt of Men's High Grade Shoes; variety of styles. All our best makes. Broken sizes. Values $10.00 to $14.00, Clearance Sale CJCT AO Trice OvtfO Iarge Iit of .Men's First Grade, Welt Sole Shoes. Illack and tan calf leathers; dress and work styles. All sizes, aiues $7.00 to $10.00, Clearance Sale Trice Irge Lot Men's Dress and Work Shoes, including many welt soles. KnglLsft and broad toe lasts. All sizes. Values $0.00 lo $8.50, Clearance Sale $4.98 i-ohni-nte tlie renort i ' of the auditor, cnairman which on tne present grand wliifli nee.ls no corroboration, see treas-l'lst would be a 70 cents tax for the bi- urer s report, also rf pore oi rue midget committee, relative to surplus. Long Term Bonds Bad. Another serious njistake "was - made when it was decided . to issue the bonds, in Twitting the aymeh't off ?0 vear. The itolicv of issuing lopg term bonds has bee me obsolete. Sonte states have even rer;ef'(l the life of ;the bond by consti tutional provision not to exceed 20 vtrs. New Hainnshire issued X2.000. OOO of war bonds iiClOlS and 1010. the last pavment in IfOi. The average lenth of time is l. vears. The state of Maine- issued SI. 000.000. an average of 17 years. Other in stpnees might be given but these states ind'cte the trend. Who was responsible for the 40 cents tax rate wh'ch was absolutely unneces sary when it w.i decided to bond? About the fits of March, two vears ago. the wavs and means ' committee. upon being interrogated by a Free Tress re porter. gave out as a Trlabi0tv " 20 ccp'm tx the same as" lOlS and 1010. The budzet of the- different towns of on the 70 cents ennium. Third: You further inquire in regard to the economy and efficiency reflected by the -recommendations of the budget committee. . i 1 am a believer in the budget system. It comes to us from over the seas but there they have' exjK'rts of great experi ence from long service and thoroughly , trained.. - They are also compelled by necessity, to see that the budget submit ted does in no way create an unfavorable .impression upon the electorate of- the country in which it is used. The icr- I sonnel to prepare our budget does not commend itself as the best selection to reach . desired results. New Governor Should Act. It seems an absurdity to have the re tiring governor chairman of a committee to prepare a budget that is to Ik sub- 1 mitted to an incoming legislature of an other administration. Mr. Hartness should. 1h chairman of the budget com mittee that prepare- the financial state- I ment for the legislature during the two years of his incumbencv of the office. ' the ftnte were largely 1 i-.v.Vd' up' 11.!' i What Would "Vou llunT;," for '.'instance. Trice $3.98 Ixt of Men's Dress Shoes. Dark tan ralf leathers; English and broad toe lasts. All sizes. Value $6.00, Clearance Sale Trire Large Iot of Men's Work Shoes, army lasts. Black and tan ralf leath ers. Heavy soles. All sizes. Value $.1, I learanre Sale Trice IiOt of Men's Second Quality Four Buckle Overshoes. Medium weight; warm Iinel. All sizes, alue $1.00. Clearance Sale Tiice S3.47 $2.98 $2.47 of Men's Work Shoes, most sizes; sample nairs. Values Odd Lot ly small $."..50 to $4.50. Clearance Sale Trice Ixt of Men's House Slippers made in black and tan kid leathers; also Mack and gray felt; leather sole and heel. Nearly all sizes. Value $5.00, Clearance Sale $1.98 Trice $1.98 Boys' Department Lot of Hoys' First Grade for dress and school wear, welt soles; good variety of All sizes, . 2J to 6. Values lo $0.00. Sale I-arge Shoes Many styles. $..00 Clearance Trice Ix)t of Boys' First Grade Shoes, nar row and broad toe lasts. Black and tan calf leathers. AH sizes 2'$ to o. alues $1.50 to $5.50, Clearance Sale Trice IM of Boy's Black Shoes. Medium toe last, to 6. Value $1.50, Clearance Sale Trice Lot of Youths' Black Calf Dress and School Shoes. Narrow and broad toe lasts. Sizes J, and 2. Values $3.50 ami ...., Clearance Sale Trice Lot of Littlemen's Black Calf School Shoes. Narrow and broad toe lasts. All sizes 1) to 13 . Values $3.50 and Clearance Sale Trice . . . . I At of Littlemen's Dress Shoes, Eng lish loe lasts. All sizes 9 to 13'. Values $3.50. Clearance Sale Cl AO Trice . ? vCJ Odd Lot of Littlemen's Tan High-Cut Shoes, with buckles. Sample size 11 only, alue $2.75, Clearance Sale Trice Odd Iot of Littlemen's School Slines, some slightly inismaled, samples, etc. Broken sizes. Values $2.50 to $3.50, Clearance Sale Trice . . . . $3.47 $2.98 Calf School AH sizes, 2 $2.47 $2.23 $2.23 Lace All $2.47 S2.47 $1.59 99c Misses' and Children's Department Iarge I.t of Misses Black Calf School Shoes. Orthopedic lasts. All sizes 11 to 2. Lace styles. Value $4 00, Clearance Sale qa aq Trice $iU.t0 lt of Misses' Black Calf Style Shoes. Medium toe lasts sizes 11S to 2. alue $3.50, Clearance Sale Trice Lot of Misses' Black Calf Button Shoes for school wear. Medium toe lasts. AH sizes 113 to 2. Value $3.50, Clearance Sale Price I-ot of Children's Black Calf School Slioes, lace styles. Orthopedic lasts. AH sizes 8 to II. Value $3.75. Clearance Sale Q ITice t?ZUtf Iot of Children's Black Calf Button Shoes for school wear. Orthopedic lasts. AH sizes, lace style, 8' to 11. Value $3.75, Clearance Sale C9 Q Trice t?A)f It of Children's School Shoes, lace style. Made on the famous "Tit-Tat" last. Black, dark tan and gray Imrse hide leather. No heel. Sewed soles. AH sizes 82 to 11. Value $3. Clearance Sale Trice Lot of Children's Black Calf School Shoes, lace style, medium toe lasts. AH sizes 84 to 11. Value $3.2 Clearance Sale Trice Lit of Children's Black SImics, Orthopedic lasts, to 11. Value $3.25, Clearance Sale Trire $2.98 $2.23 Calf Button AH sizes H', $2.23 Infants' Department Lot of Infants' Black Calf Shoes, good quality. Orthopedic lasts. Lace style. AH sizes 5 to 8. Value $4.00. Heavy soles, llra;ws:'.e..........$2.59 Lot of Infants' Black Calf Slioes, lace styles, medium loe lasts. AH sizes 5 to 8. Heavy soles. Value $3.50. Clearance Sale DQ n m Price t?2.fi I Lot of Infants' Black" Calf School Shoes. Lace styles. Medium toe lasts. Heavy soles. AH sizes 5 to 8. Value $3.00, Clearance Sale CJ'fl flO Trice t?JLC3 Lot of Infants' leather Moccasins, Indian styles. Warm lined. Broken sizes. Value $2.00, , Clearance Sale $1 49 It of Infants' Felt styles, soft leather sizes. Value $1.50, Clearance Sale Trice Lot of Infants' First Grade Turn Sole Shoes. Flexible and comfortable. liutton and lace styles, (o 8. Value $3.50. Clearance Sale Trice . .' Slippers, Comfy soles. Broken 99c AH sizes 4 -..$2.47 Ixt of Infants' Turn "Sole Shoes, black and tan leathers. Button and lace styles. AH sizes m hk.i a 2 $3.50. $1.98 to 8. allies ,$2.75 to Clearance Sale Trice lxt of Infants' Black Turn Sole Shoes with and wiiliout heels, sizes 2 to . Value $1.7.i. Clearance Sale Trice . . . . ...... Lace ' AH $1.23 Women's Dept. Iarge Lot of Women's First Grade Slices. AH welt soIesT Black kid,' ali; mat calf and dark tan leathers,' Cu ban, Ivouis and military heels. ; AH sizes. Values $8.00 to $12.00. .' Clearance Sale GHZ' CIO Trice ?C O Large Lot of Women's High, 'Grade Slioes. Dressy and street models. Wide variety of lasts. AH sizs. Val ues $7.00 to $11.00, Clearance Sale im gr . Price -S4.98 Iarge iMt of Women's SIkjs,' excel lent assortment of styles,' Cuban, .Military and Louis heels. All sizes. Values $5.50 to $8.00, Clearance Sale C?Q HQ Price ,. . $d.t?0 Odd Lot of Women's Mioes. mostly sample pairs. Nearly all small sizes. Values $5.00 to $6.50, Clearance Sale , t OQ . m Price tj25."i Bemaining Lot of Evening Slippers, , black, patent and dull kid r leathers. Iouis heels. Dressy models. Variety of sizes. Values $I.0O and $9.50, Clearance Sale .. f 93 It of Women's Moccasin Slippers, Indian styles. Warm lined. Broken sizes. Value $3.00, . i . . :' Clearance Sale : - 0fl ft O Price ............. Lot of Women's Comfy ! I louse Slip- pers, made of felt in fancy colors. Durable, soft leather soles. "Nearly all sizes.- Values $2.00 to $3.00. Clearance Sale . Q-fl CTQ Price t?X.dt Broken It of Women's Comfy' House Slippers, sample pairs, odd pairs; plenty sizes up to 5. Some slightly soiled. Values $1.75 to $2.50. I lea ranee Sale 'rice $1.23 D UNHAM Home of Lower Prices BROTHERS CQMPANX ! i I .i " 5 l i I a a a H a a a a a a a a a a a ,vl i!