The Monte Vista journal. (Monte Vista, Rio Grande County, Colo.) 1888-1921, 1912-11-02
FIGURES FROM THE RECORDS
SHOW 1T HAS MADE
GOOD
ECONOMY IS SHOWN
SUBSTANTlAI ACHIEVEMENT FOR
THE PEOPLE OF THE STATE
EVERY ACT.
(From the Colorado Commoner.
Aug. 10. 1922


Aug. 10. 1922
The press agent of the Republican
party Of Colorado is again at work
with his deliberate falsehoods concern
ing the administration OF G, lernor
Shafroth.
In the campaign of 1910. tn Repub-
lican party OF this state issued
pamphlet entitled:
AN emergency exists for the tax
payers OF Colorado"
"A comprehensive account OF the
stewardship of the Shafroth admins
tration."
That pamphlet says: Now, in the
short period OF seventeen months the
Shafroth administration has overcome
this surplus. and in addition has made
q deficit OF Four Hundred Thousand
Dollars, which means that the Shat
roth administration has exceeded all
records for extravaganza"
All accounts for expenditures for
Der 80. 1910. with the result that all
appropriations made In the Shafroth
administration OF 1909-l9l0. namely,
the first class. second class. third
class. fourth class and fifth class. had
been paid in full. and. instead Of there
Icing deficit OF Four Hundred Thou
sand Dollars. there was surplus Of
100000 remaining In the treasury.
Great Building Record at State
Institutions.
While the total aggregate appropria-
tons for buildings and improvements
At state institutions had. during the
combined Peabody. Mcdonald and
Buchtel (Republican) administrations.
been 100000. the buildings and i'm
provements erected during the first
Shafroth administration totaled $780,
672.3l. and all were paid in full. What
a glorious record in the erection of
brick and stone buildings so needed at
our state institutions.
Republican Peabdy War Debt and Re.
publican Excess Warrant Debt
Amount to 100000.
The press agent of the Republican
party is again spreading his false
hoods concerning the administration
of the past year. He claims that the
state Is bankrupt and greatly in debt.
and says: III Governor Peabody can
be styled the war debt governor. as
they are pleased to call him, cannot
Governor shafroth be styled the peace
debt governor"
The difference is that not one dollar
Of Indebtedness of the state has been
incurred during the Shafroth admins
tration. 1t has been compelled to is.
sue state bonds to the amount of 1860.
900 for the unjust and uncalled.for
war debt incurred in the Cripple Creek
and other strikes during the Peabody
Republican administration, and is
about to issue bonds to the extent of
32,ll5.0O0 to take up the outstanding
warrants issued in excess of the rev.
enues received to meet the running ex.
penses OF Republican administrations
OF twenty-odd years ago
No Debt is Incurred In Shafroth
Administration.
There can be no debt incurred dur
ling the present administration. even
n the revenues do not equal the ap.
proprlations, because the treasurer
and auditor have refused to issue war
rants In excess OF the revenue. Except
In cases OF Invasion or instruction
appropriations are not payable, and do
not constitute a debt, unless the rev.
onues collected for the biennial term
equal the appropriations.
Under the revenue system of this
state appropriations are divided into
five classes The first class includes
salaries and expenses of state Off
GERS; the second, the expenses OF
maintaining penal and charitable insti.
tutions. the third. the expenditures OF
the educational institutions. the
fourth. the expenditures OF state