A Century in the Comptroller's Office, State of New York, 1797 to 1897Roberts, James A. (James Arthur)
History
A Century in the Comptroller's Office, State of New York, 1797 to 1897
Roberts, James A. (James Arthur)
Finance -- New York (State); New York (State) -- Biography; New York (State). Comptroller's Office
During Mr. Hopkins' four years of service the bounty debt was reduced
$14,401,700, and he was able to congratulate the Legislature and the
people of the State at the close of his term on the prospect of a
substantial reduction of tax.
On the 1st of January, 1876, Lucius Robinson again assumed the office of
Comptroller, which he held one year. He had defeated in the election the
November preceding Francis E. Spinner, whose services and signature are
so well known as to make comment unnecessary. His second administration
of the office was distinguished by the same care-taking ability which
was manifest in the first. The reduction of the bounty debt and other
indebtedness of the State continued. He was elected Governor in 1876.
The first official act of Governor Robinson was the appointment of
Frederic P. Olcott, of Albany, as Comptroller. It is a matter of secret
political history that Governor Tilden had desired to appoint Daniel
Magone to the office, and that for that reason Mr. Robinson would not
resign until it was too late for Governor Tilden to act. But he had to
act promptly, because, if no appointment were made before the
Legislature convened, the power to fill the vacancy would then be in
that body. Governor Robinson improved the fleeting moment. Mr. Olcott,
as the head of the firm of F. P. Olcott & Co., had been the State's
agent in transactions relating to the bounty debt, and, to Mr.
Robinson's mind, he had exhibited abilities which would make of him a
valuable Comptroller. That the Governor was not mistaken, Mr. Olcott's
career, both as Comptroller, and since his retirement from that office,
as president of the Central Trust Company, abundantly proves. He served
out Mr. Robinson's unexpired term, and was elected in November, 1877,
over C. V. R. Ludington, but was defeated for re-election in 1879 by
James W. Wadsworth. This was the only political office which he ever
held. Early in his term his attention was attracted to the abnormal
quantities of soft soap which one of the small State charitable
institutions was using, and he became satisfied that "soft soap," like
Pickwick's "warming pan," was a cover for something hidden. Among the
vouchers for May and June, 1875, were vouchers for seventy-eight barrels
of soft soap at a cost of $350, which, at the same rate, would make an
aggregate of $2,100 per year. The aggregate expenditure for soft soap
for the institution during the six years ending June 30, 1876, had been
$3,963.60. An investigation was instituted at the Comptroller's request
by the State Board of Charities, and it was found that "soft soap" in
that instance meant the laying out of roads and beautifying grounds to
an extent that the Comptroller's office would not have paid. The
designing institution learned to its surprise that the Comptroller could
not stand too much "soft soap." These revelations led the Comptroller to
ask the Legislature for power to investigate thoroughly all the
charitable institutions.
Public-domain text, read in full here on John Shaqi.
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