The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-10-15
MORE FIGURE JUGGLING.

MORE FIGURE JUGGLING.
The trilmvlrats Popalissic state COM
nastsee has issued an elaborate communl-
cation which covers three columns IN an
evening ropuiisf!c paper. the purpose OF
which Is to undertake 20 prove that the
state has gone heavily Ia debt during the
last three years. and the inference sought
20 he drawn i sAst this heavy Indebted
ness IL due TO extravaganza and corrup-
isoa In puhsie affairs. The article In ques-
isoa ID a lyrical P9pu.lssle presentation.
ia that II uses some figures which are
authentic. but I. carefully orn!ts Others.
which are credits and which heavily re-
duee the amount OF Tire nominal Indebted
ness. and further they take no account
whatever ef actual assets
To take up these figures as they are prs
seated. inround numbers theycharge that
the state IL Ut present in debt two ana
cne-half million dollars. Th.s, they SAP,
Is the showing on the debit side OF the
balance sheet. TIE actual amount. b the
sressnrer's hooks, Is ss.@-S. ssa. OF this,
however. the Item OF aSlo.eo represents
the amount advanced for various public
buildings. which amount. with iaterezt.
Is 70 DC rseoupe8 cat Of tho sales of pub
lie lands. These public lands lsere grant
ef ~ congress 10 he used IN the erection
Of pablie hailassgx. and the proceeds Of
their sale slI rauch more than meet this
a..
an asset. for they are worth the fun
ameant which they cost. This reduces
the amount Of the debt for witch funds
raised by taxation are 20 - applied n
payment 10 si.saaesa Against this item
there should he credited she amount 81
taxes dec the STAKE. As every one krows.
taxes have not been raid SurinE the pas.
years Of depression IN zsy very large
afnouat. Al pahl.c municipalities are sas-
feFirw today ffem thag very fact
TIE ropnlssts assert ti4t tas Whole
srscvnt of taxes dec the state = only ssaa.-
so a. matter os fass. there Is noN- das
TIE state in taxes a.es.sse. 81 which
afnount SSse.7@-s hav. boea delinquent ana
ssf@z..s~ interest," since January lsSt.
AID ssa rssassgsaes Is aas ana wln - &C.
gAaaesss Hcxs meath Ala 10 sAis casa
available fag gei.crsI sau8 ca hsna. y7.ea.
ans y "a "a sc seen ths; tie act Indebted
sess of sAe state. tus.ss3 Of being s. Ia
se IS seasegy eaIy uttis In excess Of
Sc 50, As further assets the STATE OWES
ruhnc haaa,nga ~ the cost Aaa actual
value af ss.ooa.eo
New as 10 ne IseEr ef sanual isterest
Tas feps;isgse report says that the s,asa
= aaslrg Interest ca fts outstanding war
Yaais smeaaslmg 70 vsaeoe year To eff
nas this Il ns,lss 80 rsnasnaserea that the
Delinquent taxes dae tse state are IKE
vice fraWog sstersss a. tae sste % 81 per
esaf pr saasns. The ARROWS: ~ Interest
csmsss n ultimately 90 sae ssAts fTagn the
ass.nlscn, taxes wiil amopas %. say. rear
Is as saach as tne interest tn state VII
have 70 Pay On al - warrants. Including
,hass en- sh.sA ths intsrsst ss ell as TIE
.1ktae pa sre gaxshle ons u pab9s laae
SEES. nss aus < taxes
Aea.a. a. sasl charge. I; Is asserted
shss tac alsts kssgs ga A&sa s.ss. Ao gar
sas Asnaa. o. favsres hauks. TIE records
IA Ire sseasstrags onee aAow that the
Sctaal aaaaaas * eoney - azas Is 81 -.
- whssa sesoe So Az IL a sase44l FnmA reA1-
sssA svea saa ss,e g, t4ss lsns& aass RET
asslsasae sog s8e rs ss.ax II waFgaa.s.
~ gisv aaso@n.s he.a ey 9ae srs&sssos A.
as<sTens asr.ess ~ srs sut ~ sA5s Psna-