Jasper County Democrat, Volume 23, Number 69, Rensselaer, Jasper County, 24 November 1920 — G. O. P. HAS $77,202.62 DEFICIT [ARTICLE]

G. O. P. HAS $77,202.62 DEFICIT

In State Campaign Fund; Spent $219,308.64 in Last Two Years. The Republican state committee treasury has a deficit of $77,202.62, according to a report filed with Richard V. Sipe, county clerk, last Thursday afternoon by Fred C. Gardner, treasurer of the committee. ,Tlse report sets forth all of the receipts and disbursements from November, 1918, to date. In November, 1918, the committee had a balance of $3,129.51, it is shown, and the receipts in the twoyear' period following amounted to $219,308.64. These receipts included money borrowed from banks and contributions from candidates and individuals, the names of hundreds of contributors being set forth. The committee now has a cash balance of $129, according to the report, and

has outstanding debts, chiefly in sums owed to banks on borrowed money, of $77,202.62. The committee’s expenditures are listed, the principal items being salaries of office employes, traveling expenses of speakers and advertising and postage. A deficit of $28,076.13 is shown in the report of Charles J. Murphy, treasurer of the Democratic state committee, in a report on election campaign expenses filed with Richard V. Sipe, Marion county clerk. The report showed unpaid notes for $19,935.29. Reports from county committee treasurers of the Democratic and Republican organizations were also filed. The Democratic state report gave the net receipts from voluntary contributors as $76,692.66 and disbursements as $96,156.40. Democratic county and state campaign funds were the largest available for an election for many years. Thomas Taggart, defeated candidate for the senate, contributed $3,500 and loaned $5,000, according to the statement. Joseph T. Fanning of New York donated $6,000. The Democratic na ; tional committee helped with $2,000.