The Forest Republican. [volume] (Tionesta, Pa.) 1869-1952, 1909-12-08
Pennsylvania Is Out of Debt.

| IcnnSylNunld, ItHuSy lNdHiui piNS-
porous and proud. Pennsylvania, the
best governed in our galaxy of States.
Pennsylvania, the leader in enterprise
and energy Its strong arm protecting
in all their rights both the employer
and the employed. Its departments
making the pace for all the other
States in this great nation in chari'
table and philanthropic efforts. Its
well defined purpose of regulation
without confiscation or destruction
and at the same time administering
graciously to those in need or distress
have made 1t great beyond compre-
hension almost. Its magnificent ad-
ministration, courageous and capable; /;
| its efficient financial system and its
abundant revenues, drawn almost en-
| tirely from sources capable of produc-
ing them without being burdensome
| or oppressive, give to Pennsylvania
the undisputed record for being the
best governed State in this wide coun-
try. The proud position of the State
makes the people of the State proud.
And Pennsylvania is absolutely free
of debt. No other State in the union
can make that proud boast. If any
other State has Pennsylvania en-
viable record, that record is not
known. Pennsylvania record Of to-
day is today's record of the Republi-
can party and of those who have
made the Republican party what 1t is
today. The fact must be conceded.
Therefore, all hail to Republican
Pennsylvania. May she live long and
prosper.
Rev. ]. Leonard Levy, D. d., when
the announcement was made last
weeks that the State was entirely free
from debt, and, beside, had money
enough for all legitimate purposes in
its strong box, sent delightful thrill
throughout the State by saying:
THAT certainly speaks well for the
Republican administration. The an
nouncement is particularly full OF
meaning, too. when we reflect on what
the critics had been saying-that the
Republican rule would mean extrava-
gance and that the money of the peo-
pie would not be safe in its hands.
Now to hear that the State is out OF
debt-well, can only repeat that 1t
certainly speaks well for the Re-
publican administration"
DR.. Levy also said that Edwin S.
Stuart was one of the very best gov
ernors the country had ever known.
DR.. Levy is admittedly one OF the
leaders of his people in America. He
is pastor of the Rodeph Shalom con-
gregation in Pittsburg and he enjoys
the distinction of being the highest
priced minister in America. If he
does not really enjoy that distinction
his friends do and he is beloved
wherever he is known.
Have a look about at the other
States. Heretofore Massachusetts, has
been the pride of the nation. The
administration Of that State has been
thorough and good, but the record es-
tablished by Massachusetts is entirely
eclipsed by that of Pennsylvania. Be-
yond question Massachusetts is a
great and prosperous State but it has
hardly half the population of Penn
sylvania, yet model Massachusetts has
State debt of about S66 1000.
Pennsylvania is free from debt The
ordinary revenues of our State are
close to $30,O00,000 annually and
every penny of that vast income is
systematically and honestly disbursed.
Gov. Stuart, of the people and for
the people, has had prominent part
in keeping Pennsylvania great. His
Re ublican associates in the existing
administration of the States affairs
also deserve liberal credit, but the
State administration reflects the pur-
poses of the Republican party lead
ers in the State. Gov. Stuart summed
up the pleasing situation when he
said:
1T is a matter of great gratifica-
tion to know that the State is out of
debt. We could pay off every bond
now and have over $4,000 left If the
people who own the bonds would pre-
sent them. More than that, our sink
ing fund is earning money and, as the
bulk of the bonds will not fall due
until 1912, we will secure from $4,000
to $4,000 a year until that time
through the operation of the law regu-
lating such deposits of State money.
/ am more than glad to be able to
make this announcement about the
States excellent provision to meet its
bonds"
Detailed reports on the States rec
ord-breaking income show that $9,-
916,S40.41 came from tax on the capt.
tai stock of corporations and $4,315,-
441.S5 from State tax on personal
property. These two items make up
more than a third of the total in
come of $29,1O1, 1870, which is 81
100000 beyond the previous high
water mark, that of $27,O27 900 made
In the fiscal year of 1907 with the aid
of some bond sales.
This years huge income is largely
due to the enforcement of laws for
the collection of delinquent tax and
the vigor with which licenses, fines
and other sources of income havo
vcen followed up, The total amouBs
Of disbursements reaches the record
figure of $3O,O21,77 but the State
started the year so well that the bal.