The Farmington times. [volume] (Farmington, Mo.) 1874-1902, 1900-08-23
DEBT LEFT ny THE REPUBLICAN
pAnTK

control OF our state government In
} January. 1874, the bonded debt OF the
J state, the legacy Of republican mis-
} rule, amounted 10 $50. SOS. 600. These
bonds bore six and seven per cent,
run 20 years without the option of
payment, and were sold at reluctant
! sale for only % cents on the dollar.
On the 2lst Of July last the entire
! bonded deb, OF the state had been re-
duccd 20 S2,3l2.nOO, option bonds bear
ing ~ per cent, aud were sold when
issued IN 1887, at premium 10 refund
the debt, The extremely satisfactory
reduction Of The bonded debt has been
made upon n reduced rate of taxation.
The states certificates OF indebted
ness due the school funds now cali
for 1895, $500. the interest Of which
goes 10 support the state university
and our public school system,
During Gov. McClurg'r administra.
tion the republican Legislature levied
state tax OF fifty cents on the hum
dred dollars yBluation--onc-half 20
meet the ordinary expenses OF the
state aud onc-half FOR the payment of
interest on the state debt. That rate
Of taxation has been steadily reduced,
until u Is now only ane.half of that
fiftccu cents on tho hun
drcd dollars valuation for state rev
enuc and ten cents for the payment
OF state interest. The state revenue
tax as stated 81 at this time hut az
teen cents on the hundred dollars
valuation. and during the last II years
Of democratic rule onc-third of this
levy has been appropriated aud dis
! tributed Ia the counties for the sup
| port OF the public schools, leaving
| only ten cents on the one hundred
dollars valuation to pay all the ex-
pcuseS OF the state government, In.
Guiding liberal support OF the
clccmosynary, educational and penal
institutions and the erection OF mag.
uihcant public buildings. Under re.
! publican rule only one fourth Of tho
income from the state revenue tax
was distributed in aid OF the public
schools.
LOWEST TAX RATE IN THE UNION.
Democratic Missouri enjoys the
lowest tax rate of any state of the
Union. In is9s the reports Of the Au.
ditors OF the states ad joining Missouri
showed that the levy for the support
Of the state governments aud main.
iennnce Of the clcemosyuary anil
penal institutions, exclusive OF the
TAX for support OF public schools and
for payment OF state debts were rs
follows:
Illinois, 80 cents on the 800 vnlua.
ton.
Iowa, rs cents on the 500 valuation.
Arkansas, 22gs cents on the 500 val. |
uation.
Kansas, % cents on the 500 vAlua-
ton.
This exhibit. my fcllow-citizcns, ia
more eloquent in yindication Of the
honesty, ability and economy Of the |
fiscal management of Missouri AZ.
fairs by the democratic party than
any words Of mere eulogy, however
well chosen.
IL Is also the occasion Of real pride
TO know that the democratic marty
has not only effected the large rcduc-
uon Of the state debt, to which ! have
advertrd, with decreasing rate OF
taxation, but Il has enlarged and re.
built many of the state institutions.
established others aud increased the
endowment for the support of the
ubhc schools and Of the state uniyer-
sits.
FuMBER or STATE INSTITUTIONS.
In 1870, when the liberal republican
administration OF Coy. Brown drove
the Indical republican party from
power, our state institutions consist
ell of: Lnnatic Asylum No. / at Full.
tea. School for Deaf and Dumb at
Fulton, School for the Blind in 81.
Louis, State University at Columbia,
Normal School No. at Kirksville.I
Normal School No. 2 nt Warrcn,burg.
Lincoln Institute (colorcd) AZ Jcfrcr-
son City and the pcuiteutiary NJ JEFF.
icrson City.
All of these institutions, except the
two normal schools and Lincoln inrti-
tnic. were cRtat lishcd 10y the demo.
rrrtic party hrfOrc the republican
party secured control of our state
government. Since that time demo.
rraiir administrations have added the ,
following state institutions: Normal
School No. . at Cape Girardeau. ,
'rhool of Mines Mt Rolla, Lunatic I
asylum No. . at st. Joseph. Lunatic
Nfy'um No. , at Nevada, Reform ,
Nch' ol for Boys at Boonyille. Indus {
.ri"l Home for Girls at ChiIlicothc.
'pnfcderate Home at EIigginsville and
he Federal Soldiers Home at 81. ,
lanes.
In addition to these new institu- !
lions. 'hc state university al Column
in has been rebuilt: Lunatic Asylum /
w. at Fulton has been refittcd and 1
'nl1rged; Lunhtic asylum No. 4 at :
'armibgton is now being constructed; !
he crncr.stone of a splendid Fruit !
Ind Experimental Station located at 1
Mountain Grove WINS recently laid; !
he buildings for the care of the Fee =,
Minded at Marshall are under con- =
rnct and construction. and the can't
ol building at jefferson City has a
nee" inn owed by the construction of !,
"" large wings t.. cost of about I,
.gC ccJ
EXPENDITURES FOR SCHOOL PUR. /,
POSES. '
The state has expended IS, as, 082. 90 r
or the support and maintenance of I
ur eleemosynary and educational In {
titutions since the administration of v
'ov. Wootlson. In addition 60 this lib n
raj expenditure 1t expended ST. {
4o.s7e.si during the same period for
be construction and repairs of the Il
ew buildings TO which / have re- b
erred. n
The taxpayers can not be too fire. 4
ucntly reminded that this commend c
Bile uac Of public money has been 4
iade for these worthy institutions, n
the tax rate has been re- a
ueed ons-half. a
hut, my scilow-citizens, this Is not Il
i OF the splendid financial record Of G
he democratic party. On January 1. 4