Kansas City journal. [volume] (Kansas City, Mo.) 1897-1928, 1897-11-22
KANSAS TREASURY WILL SOON BE-
SiOO.OOO BEHIND.
POPS WONDERING WHAT TO DO
WILL PROBABLY NOT TAKE UP OUT
STANDING WARRANTS.
II They DO. Another Deficit Will Oc-
cur Next Summer During the
Campaign. When 1t Would
He DOubly Embarrass-
ing to Them.

Topeka: KaS.. Nov. 21.-tSpcciaiD II IS
row estimated that the state treasury de-
felt will reach in the nciChborhood OF
SlC1.0G, before the various counties begin
Laying their state taxes. At the present
time about $4,000 in warrants stamped mot
PAID for the want of funds are in the
hands of local bankers. Next month the
deficit will reach at least $4,000, and it
may run up to, $4,000, depending on how
much back tax money is received from the
various counties. Last month number
of counties remitted for back taxes, but
this month SO far the receipts from that
source have been very light. The present
deficit includes only the expense Of MAIN
taininS the state charitable institutions.
The treasurer raked up enough money to
meet the other expenses. But he will no
doubt be forced to stand off other creditors
Lext month, or borrow money to pay them.
Treasurer Hefflebower does not expect
any 80 tax money in before January 10
1t is due before that time, but the county
treaSurerS generally take all the time the
law allows them, and a consequence
he is figuring on being compelled to marx
warrants for the December bills mot paid
for the want of funds The state board
of charities may help him out some by not
appearing until after January 10 to make
itors will appear at the usual time-on the
first of the month-to get their money.
This will force him to mark December
hills mot paid" which he first figured he
would not have to do. The deficit will be
swelled to the 100000 mark on this ac-
count.
The Populst administration is in 4 guam
dary as to how to proceed to pay up the
deficit. The law prohibits the treasurer
paying off warrants marked mot paid for
want of funds until he gives thirty days
notice. This law may render the Pops val
liable assistance. They may decline to in
sert the advertisement until after the cam
paisn next year. Some are advising such
action. In support of it, they say that the
holders of the warrants are not anxious
to have the state take them up. as they
are drawing per cent interest. 1t is also
contended that if the warrants are taken
up the first of the year another deficit will
occur in the midst of the state campaign,
and renewal of the deficit talk at that
time would be disastrous to the Populists.
1T will be hard enough to explain the
treasury going broke once" said a Pop
official who opposes the taking up of the
outstanding warrants with the first money
which comes in, but if we let it go broke
twice within nine months We will have
hard shedding at the election. For that
reason l am in favor of letting the banks
hold the warrants that are now stamped
until after next falls election. If we do
that, perhaps the administration can meet
the current expenses all right after the
first of the year. But if the present deficit
is made good the first of the year there is
no possible way to avert another deficit in
June or July. Some heavy appropriations
must be met next year.
E,,f
handle the deficit. They are all expert
financiers with their mouths during a cam
Daign, but when it comes down to practical
work their incompetency looms up. They
are deficit makers: not money makers