Evening Republican, Volume 18, Number 67, Rensselaer, Jasper County, 19 March 1914 — Did You Hear About It? Democrats Borrow $200,000. [ARTICLE]
Did You Hear About It? Democrats Borrow $200,000.
_ This democratic state administration which is now being endorsed to the skies in the resolutions whieh are being passed by the various democratic conventions, is abo»ut the most regular borrower in Indiana. Only a few days ago the state treasurer announced that the bottom of the safe had been reached and that if an accumulation of bills were to be paid The money would have to be borrowed to pay them. The state borrowed $460,000 last September and the amount remains unpaid, and now; with no Tax money available until after the May tax paying, time, the state has gone out and borrowed $200,000 more to pay the. expenses of Marcji. Another borrow will probably have to be made for April and. again in May as the tax money is not due from county treasurers "until June. Evidently byrthat timewe will have borrowed almost $1,000,000 just for the every day running expenses, and the future will be mortgaged and the state will be .paying out a vast amount for interest Evidently the state is playing a sort of hand-to-mouth existence.. Indiana went democratic six years ago oh the two propositions, economy and the establishing temperance by means of township and city option. It remained democrats because of a split in the republican party and the longer it remains democratic the longer will the state debt grow and the saloon business thrive. Honest, now, Mr. Voter, no matter what party you belong to, don’t you think it is time to get back to business and put into power men who can and will pull*us out of this slough of indebtedness?
