Rensselaer Semi-Weekly Republican, Volume 34, Number 38, Rensselaer, Jasper County, 10 January 1902 — Indiana's Economy. [ARTICLE]

Indiana's Economy.

“No state in the union begins the new year in better financial condition than Indiana,” said Auditor Bart “There is not a state government in the United States that is being operated at smaller expense than that of Indiana. This state is running its business on the same plan that the great business interests of the country are adopting. The railroads are c m solidating, cutting down expenses and abolishing many offices and clerks. In New York City the banks are getting together under one head with one object in view. The tin plate industries, the'* iron interests, the glass makers, have all come together, placed their business, affairs under one head, with the result that they are keeping money in their treasuries that they used to pay out. “The state of Indiana has no expensive insurance and railroad commissions to dip into its treasury. The state has these affairs grouped under the heads of present departments and they are looked after without the expense that other states have to pay For instance, the auditor has in his department the insurance, banking and building and loan interests. He bad these to look after in addition to the bookkeeping of the state’s finances. The auditor is paid for being the auditor, but he has other work to do. It costs the state of Ohio more to keep up its insurance commission each year than it does Indiana to conduct the entjre department of the auditor.