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officers in the State. I would think we would go ahead

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in an informal style, just as if Mr. Hunt weren't here.

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MR. GOLDSTEIN: Thank you. It is certainly

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nice to hove you all in the office.

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The Office of Comptroller of the Treasury was

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originally created by the Constitution of 1851, Article

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6, Section 1. The Comptroller is now chosen by the

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qualified electors of the State for a term of four years.

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The Comptroller and the Treasurer constitute the Treasury

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Department of the State, but it is significant to note

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that while the Comptroller was made an elected officer of

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the State, the office of Treasurer was made one to be

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appointed by the two Houses of the Legislature.

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Here we find action on the part of the Con-

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stitutional Conventions of 1851 and 1867 to establish a

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system of checks and balances, with the Comptroller re-

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sponsible to the people who form the electorate and the

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Treasurer to the General Assembly. We believe that the

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drafters of the 1851 and 1867 Constitutions acted wisely

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in establishing these checks and balances. We believe

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that it was important in 1851 and 1867, and we feel that