X REPORT OF THE COMPTROLLER OF THE TREASURY.

State Treasury all excess over and above Ms salary of $3,500 in
the City and of $3,000 in the Counties. Many officers, from
long practice, have unduly kept such moneys by crediting the
account with "By moneys retained for unfinished work," and
thus carrying these moneys into their next year's work. In my
judgment, this construction was not warranted, and upon sub-
mitting the same to the Attorney-General, he advised me of the
correctness of my position; hence I have requested each official
to turn into the Treasury all moneys belonging to the State at
the end of each of their fiscal years.

LEGISLATIVE EXPENSES.

Chapter 420 of the Acts of 1908, directs that the Comp-
troller shall make a report ''of the names, residence and official
character or service of each person or payee to whom any pay-
ment or allowance has been made or paid out of the appropria-
tion or appropriations for legislative expenses of each General
Assembly, and separating the same into payments made for or
in behalf of the Senate and payments made for or in behalf o±
the House of Delegates."

I therefore respectfully call your attention to this statement
as given in detail on pages 159 to 177 inclusive.

CONCLUSION.

It has been my purpose in this report to make plain to you
the operations of the Treasury Department, during the fiscal
year ended September 30, 1908, and to present each section, as
full, and as much in detail as possible.

While the books of the Treasury show a net indebtedness of
the State of $366,643.91, it must be remembered that the pro-
ductive assets which belong to the State, and which are carried
on the books at par, would if sold, not only extinguish this
account, but leave a large credit balance in the Treasury.

The State, therefore, may be fairly congratulated upon the
satisfactory condition of its finances.

I desire to express my appreciation of your Excellency's
interest in the economical management of the finances of the