Evening Republican, Volume 16, Number 86, Rensselaer, Jasper County, 8 April 1912 — AGAIN OUT OF MONEY; “ECONOMY” BY DEMOCRATS. [ARTICLE]
AGAIN OUT OF MONEY; “ECONOMY” BY DEMOCRATS.
State House Crowd Will Call For Money Not Due Until June to Pay March and April Bills. State house democrats said in January they would, not call on the counties for advance payments of taxes until June 1. They were mistaken. They now .admit they must call in April, this month, for money with which to pay March and February bills. The April call.for advance payments ahead of the regular June settlement is to be made because there is no money in the state treasury to meet the state’s running expenses. Similar calls have been made thre-: times before since the bginning oi 'he fiscal year 1912. Ending the fiscal year 1911 by eating a $51,000 deficit hole in the income of the year 1912, the democrats found it necessary to call for advance payments last October ahead of the December settlement, and they called again in November for all the money counties could furnish. They had called before, in September and obtained $153,000 of the state’s 1912 income to patch the fag end of 1911. The state house democrats are bragging because they were able to stave off bill collecting in March and February. It was only by delaying settlement of many legitimate bills made by officials, boards, institutions, etc., that the democrats were enabled to go through March without calling for money with which to pay February bills. As it is, they present' the spectacle of an “economy” administration, yelping for help in April because of March bills and February neglect. What with the bills laid over from the first half of the fiscal year, the democrats are up against the real thing to meet the piled up expenses now due and to be paid out of money raised this month by their advance call. It will be necessary to ask the counties to send in all the money on hand to the state’s account. This will bring in something like $400,000 or $450,000. This will be licked up instanter, and there will be a new call in May for money with which to pay April expenses. Then will come May’s bills to be paid in June, and mighty little will be left in county treasuries, to be sent in as the “June settlement.” Of course, the money raised for the June settlement is supposed to be used to pay the state’s expenses in the six months thereafter. But if the money is' not there; if the money is spent in advance, of course, there must be another recourse to advance calls on the December settlement of 1912. It cost the democrats $391,000 in January to pay the state’s bills. The average in 1911 was $385,000 a month. At this latter average, the democrats must raise by advance calls between now and the June Settlement, the neat sum of $1,155,000. That is how far short they are of making ends meet at this time. Will they be able to get the money? Wow and where will they raise it? And if it is not to be had, where will the state house democrats and their deficit land ?
