Rensselaer Semi-Weekly Republican, Volume 20, Number 35, Rensselaer, Jasper County, 3 January 1899 — Check for $107,102,55. [ARTICLE]

Check for $107,102,55.

Governor Mount received the first installment of the payment of the money advanced by the state for equipping troops for the Spanish war Thursday morning, when a United States warrant for $107,102 55 was found in the mail. The paper is elaborately engraved and is drawn by the War Department on the United States subtreasury at Cincinnati, to the order of the Governor. The amount covered by the warrant represents slightly over half of the total claim of the state against the government on account of the late war. As soon as the warrants shall have been cashed the money will be turned into the general fund, for the redemption of the educational fund bonds now held by Purdue and state universities. These bonds amount to about $200,000, and if the government pays the remainder of the bill as promptly as it did the first installment, the whole amount will be wiped off the debtor side of the slate during the coming year.