Democratic Sentinel, Volume 17, Number 12, Rensselaer, Jasper County, 7 April 1893 — PAYING OFF THE STATE DEBT. [ARTICLE]

PAYING OFF THE STATE DEBT.

State Treasurer Albert Gall the other day forwarded to New York $37,337 50 to pav interest on the slate debt, the money being remitted to Winslow, Lanier & Co. He also deposited in bank $340,000 to be applied on the state debt. This is but the beginning of the work of debt reduction, and is rne of the satisfactory results of the new tax law With the provisions now made for lelucing the debt> Indiana can, in a few years, pay everything except what is due the school fund, and this will perhaps be left as a permanent debt, sinee ; the state is a good paymaster ant