Note 104 — Chapter XII · STATE GOVERNMENT IN OUTLINE

When a governor instructs these elective officials to do something, they frequently refuse. In one case a state treasurer kept large sums of money in banks which the governor and other high state officials believed to be unsafe. They urged him to withdraw these funds, but the treasurer declined to do so. A little later two of these banks were closed by order of the bank commissioner and half a million dollars of the state’s money was tied up.