Rensselaer Republican, Volume 20, Number 30, Rensselaer, Jasper County, 29 March 1888 — HE'S SHORT $150,000. [ARTICLE]

HE'S SHORT $150,000.

After an Honorable Career of Twenty.one Year*, Jam*-* W. Tale, Kentucky’* State Treasurer, Prove* to Be a Defaulter and Fugitive. " ■ A special from Frankfort, Ky., states that Governor Buckner Tuesday morning suspended Treasurer of State James W, Tate. Tate is charged with defalcation in his office and, it is said, Has flecf the Btate. The defaulting official has been Treasurer lor twenty-one years. He was considered the soul of honor, and the news will produce a tremendous seneation throughout the State. It is thought that Tate’s shortage will amount to between f150,G00 and |400,000. A later dispatch from Frankfort states that the investigrtiou immediately instituted on the recommendation of Governor Buckner has, up to 11 o’clook Tuesday morning, disclosed a deficit in Tate’s office of fl50;000, and that the irregularities seem to run back eleven years. . The discovery of Tate’s shortage is the result ot the examination of his books, commenced Borne days ago by an expert accountant. The Governor has placed the Treasurer’s office in charge of Auditor Hewett and Attorney General Hardin. The State has abundant resources at hand and all current expenses, payments, etc., will be met without interruption or delay. Treasurer Tate’s bond is for $300,000 and is well covered. He was in Louisville Saturday night, when he was observed to be drinking hard, an unusual thing fcr him. Since that time he has not been seen, and his whereabouts are pot known. • V