Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1902-10-10
IOWA IS FREE FROM DEBT
Cash in the General Revenue Fund
Of the State Now Exceeds
One Million Dollars.
TREASURY HAS ABOUT 100000.
Farmers VIII Have Plenty of Corn
to Feed, But Not So Much ms Usual
to Market-Inheritnnc Tax Col
lections-Gencrous Gift to q Col
Iege-Other Notes.
Especial correspondence


lege-Other Notes.
Especial Correspondence
Des Moines, Ia, Oct. 6.-The cash in
the general revenue fund of the state
treasury has increased from 1891 1000
at this time last year to $1,056,000 at
this date. The report of the treasurer
of the state was checked up by the gov
ernor and auditor the past week. The
increase is about one-half of the re-
ceipts by the state from the general
government of war funds due to Iowa,
and which sum was received a few
months ago. Counting college bonds
and other securities on hand at their
proper value the state has in hand Mt
this time balance of about $4,000, 900
and doesn't owe single cent.
Plenty Of Feed Corn.
The state crop reports show that
thousands of Iowa farmers will be
long on soft corn and short on hard
corn this year. That is, they will have
plenty to feed and not much to mar
ket. This condition exists in northern
Iowa, especially. The stock men say
that the market for stock cattle which
may be fed during next year has been
broken in the last two weeks. Thou
sands upon thousands have gone
through the stock yards into the hands
of farmers of this state, who will feed
for meat supply next year. The Iowa
farmer is going to meet the. meat
''trust," so called, and will furnish
supply which will force down prices
next year very materially. Grain men
estimate the marketable corn crop at
a very high figure, also.
Claim Must he Paid.
Auditor of State Merriam has levied
on the estate of John l.. Thornton, Of
ST. Louis, to satisfy claim held by
Iowa for $4,000 for care and mainten-
ance of Thornton in the hospital for
the insane at Mount Pleasant for se-
eral years. Under the Iowa statute
the state of Iowa gives the auditor the
power to settle all accounts of public
debtors. learning that Thornton had
an estate in ST. Louis. Auditor Merriam
promptly notified the administrator of
1t that the claim of Iowa must be paid.
Unless 1t is liquidated suit will be
brought to recover. The records of
the case disclose that Thornton was
an Iowa man, but owned his property
in Missouri.
Inheritance Taxes.
In September the state of Iowa col
lected $15,027 in collateral inheritance
taxes from % estates. This is the
largest collection in single month
since the law went into effect. 1t is
double the average monthly collection.
One estate alone yielded $4,977. The
collateral inheritance tax now yields
the state about $4,000 year. 1t is
constantly growing. Its a tax on that
part of the' estate of decedants which
does not go TO blood relatives. Ahir!.
q g u Aids i colese.ire.
The will Of N. y.sHihchfnan, of Glen
wood, who died there the PAST week,
leaves $4,000 Internationally to- TIE
Des Moines Baptist college here. and Of
which he was a patron. In addition he
gave about $4,000 to this institution
early in this year. Prior to that time
he had contributed literally to the sup.
port of the college. The $4,000 is left
for the purpose of building an admin
istration building. As a special mark
of respect the trustees and President
Adams, of the college, attended the
funeral at Glenwood in body.
New Railway Line.
A trust deed for $2,5oo0OO has beer
filed in this county by Hamilton
Browne, of Boone county, and his as
sociates in the Newton & Northwestern
Railroad company. This company pro
poses to build line of railroad from
Newton to Rockwell City. The line will
pass through the counties of Jasper
Polk, Boone, Webster and Calhoun. i
will also acquire the property of tn,
Marshalltown G. Dakota railroad ex
Vending from Frasier to Rockwell, City
Ut will also take in the Browne ant
fields in Boone county, The bong
Marshalltown & Dakota railroad Goa
issue secured by the trust deed is t,
be issued at once, $75O,0O0 going to tn
purchase of tie Marshalitowr 4
lIdhotd Iodd anu llle COdl UeluS. In
Old. Colony Trust company is trustee
During the past week the Des Moine
& Western railroad. secured termina
facilities and right of way through tn
city of Des Moines. This line will b.
used by the Des Moines, Iowa Falls
Northern railroad, which has beel
built from Iowa Falls to the northerl
city limits of Des Moines this year.
4 New Industry.
A new enterprise and industry TO
Iowa is being projected in this city. I
is the manufacture of Brick from Goa
ashes. Louis H. Schneider, of New
York and Boston, has been interestin,
Des Moines business men in tn
scheme. 1t is claimed that the manu-
facture of this kind of brick has bee
going on in the east for some time, bu
the product has never reached thi
country. 1t is claimed for the ash brio
that they are absolutely fire proof
Having been through the fire once the
cannot again be decomposed by it.. TIL
soft coal ashes of the western countr
now goto waste. The plan is to utiliz
them in making the fire proofing COZ
struction required by modern built
| ,ings. e,.;,ee