Show NIP REPORT Of CITY TREASURER mm Special Auditors Prevent Real Financial Condition Be Being Being Being ing Made Public PRETTY SOFT FOR THEM STILL CHARGING 10 P PR R DAY FOR BOOKKEEPERS Six weeks ago ago go the city treasurer sub submitted submitted submitted to the mayor his annual re report report report port for 1907 Because of oC the interference of the special auditors who have been at work on the books for over a year ear this report has never nover been made pub public lie lic ll The auditors claim that the report has not been male marle In conformity with the new now system which they are installing In Installing stalling and therefore It must be re revised revised revised The statistics were compiled complied by Frank Godbe deputy treasurer and show the exact condition of the city at the close of business December 31 last Unlike the figures given out by the tho special auditors a school boy can understand them Several ral conferences have been had Thes Thea pedal auditors Westerman Vesterman and Trader approached Gideon Snyder city treasurer on the he subject of changing the report and he Informed them that the report would remain as It Is until the mayor may r ordered differently The mayor maor has as yet not taken talen any ac action action action tion but he has not given ghen the report to the public Whether V eth r the special auditors will be allowed to frame the th treasurers report to suit themselves rests with Frank Swen cn former city treasurer The report i to It in reality his report and he hean tan can refuse to approve any document submitted by the auditors As to Warrants Outstanding The controversy is over the Insertion into the report of the amount of the v arrants outstanding against the vari various various van vanous ous funds fund on December 31 The ex exact exact exact act condition of the city can only be det determined by ascertaining the differ difference difference ence between the total otal cash In the gen general general eral fral funds and the amount ot of out outstanding outstanding standing warrants against aJ af each of those funds Thes auditors say that the th treasurer has no business to have anything to do with outstanding war warrants warrants warrants rants art and anI that his only lookout is to report the th amount of cash on hand cor cori corN i N tI tIThe The treasurer takes tales serious s tion to this claim as he says that in inc f c to tt redeem re eE m warrants intelligently h lip he must know tile the amount amo nt of t those outstanding As he is under a a 20 bond it Is not likely lIkel that he lie will abide by any aty rule as to his conduct which the special auditors may lay down The rh farcical report submitted by b they j auditors to the council a week ago arrives at the s financial con condition condition by h l figuring the difference be between between tween tie life assets ass ts and liabilities which 1 mounts t to about according to the figures fl ure submitted As has been about worth of ut un taxes and water rates much of nf which date back ten ton or fifteen dears ars and ran an not be realized en cn are i d among the assets Showing Is 1 Unfavorable A to the tho treasurers way of or I ascertaining the financial condition of the city efty a much poorer showing Is made for the American administration tion and for that reason the auditors I with the finance committee have de determined to sidetrack his report and substitute another which will show nothing The report desired is s simply the amount of cash in each fund As has been explained many times the an of ot cas cash h has nothing to do with till the financial condition con of the city as there may be he In the bank anti ami aI 1 warrants amounting to which would make the city cit about in the hole In fact the actual condition sup suppressed suppressed pressed ged by the finance committee and auditors is III known absolutely to be bt worse gorse than that thatA A V the close of or business February 29 9 there was 1011 belonging to the city in m the National Bank of the Republic Of this all but 5 be belonged belonged belonged longed to the special funds which con cons consist s st of money paid in by citizens to t compensate contractors for public im improvements improvements These are only trust f ands few are overdrawn and those only nl slightly and the fund does no figure In determining the actual con condition n of affairs Despite the In the general expense funds there were about worth of warrants outstanding against these funds which means that there is already alread an overdraft of as asserted as by The Herald at the time the auditors made their report to the council These figures while only approximations can be easily ver verified verified verified In the city treasurers office and they are based on statistics on file tile there and not on conjecture Orgie of Special Auditors The special auditors pull Is becom becoming becomIng becoming ing more fIlore and more flagrant every day These men started to work wort February 15 1907 and have drawn from the city elty In salaries Their last bill was teas for the period from January 1 to 15 and amounted to 1300 For fear that they might be compelled to let go of their sinecure they have avoid avoided ed presenting a bill since that time and probably will not until their work Is completed which may be about Juno June 1 Then the bill will be enormous and the city must pay It as as a the coun council council cil cit agreed to pay the men nen by the day until they were discharged I One of the most significant things concerning auditing of ot the books Is that they have hae seldom em employed employed employed an adding machine All columns have haye been added In the good old way and Rains pains have ha been taken to have havethe havethe havethe the columns c run over two or three times to avoid possible error If an adding machine had been used to any extent much of this labor could have been avoided Recently they have pur purchased purchased chased chas d one of these machines and have used the machine In the auditors and treasurers office but this has not been their general practice While manipulating a machine In the auditors office yesterday two of th of the company were needed One read off the figures and the other punched the machine These men are drawing 10 a day da each from the city and spent most of their time doing what any an 3 a day clerk could do alone If II a man works work for this company at atthe atthe atthe the adding machine for two days at eight hours each It Is understood the city Is charged arged c for tor hours work time and a half This applies to the man man who Is reading as well as to the operator Big Margin of Velvet There Is nothing definite about the time when the lU will quit work Mayor Bransford expected them to quit March 1 but has been no Indi andi Indication cation Catlon of any letup In their activities and although no results have been no noticed noticed noticed I as a result ot or their work they the theare are si still ill alleged to be working Under the contract with the audi auditors auditors auditors tors entered Into by the city it is i agreed that they the shall receive 10 a day dal dalor for or all assistants employed by them Those These The assistants number at present five fiva and for Shell man the company draws 10 a day la The assistants a ar aro ara paid from 75 i to a month and no more Most of ot them draw 90 and The difference between their sal salaries arias aries and a d the amount the city pays the company for their services goes tnt Int tho the pockets of the concern I |