The Glenwood post., 1914-04-11
sUee0ssjE ousiDess M Tie
huualaigs, w Mt b.
| 6eA Pa1ties!
FINANCIAL HISTORY
by Alva A. Swain, in Colorado
ProRressive.)

by Alva A. Swain, in Colorado
Progressively
fhe successful business man takes
Ioa annual invoice of his business. This
oer the purpose of determining whether
y has lost or made money during the
| fonmedate twelve months preceding.
tDsns business men deceive themselves
- thsir invoice. They list credits at
bar whes they know they eouhn I re
hlize 80 cents on the dollar on those
aredits. Isn't it about time for the
managers Of Colorado s business to ia IKE
an inventory of her financial condi-
tisn! Not a political inventory for
the purpose of boosting the party in
(power, but "dead to rights" inven-
ltsry to see where We stand with that
hank account commonly called "public
funds. -
Six years ago the people took an IN
ventory, following six years of Repub-
liean rule, and they decided to make a
change in officials. That inventory
showed all current debts paid and over
&5O4 900 balance in the bank. If the
people decided to have = change follow
ing that inventory, what would they
do following an inventory of Democrat
| ic management? l believe they will
make another change in public Off
cials.
Instead of there being $5O4, 900 and
more to our credit, all surplus cash is
(esae and We are in debt in current ex.
tsoass Aisas, IL all the Densesatis aP-
preparations are to be paid, over two
million dollars. An inventory today
would mean an outlay of considerable
importance for red ink.
What became of that one-half million
dollar and over surplus, and why such
. debtY
The quetsion has been asked a thous-
and times. The answer is known only
N q vague way. The people know
Democracy used the cash to send Sena-
tors Shafroth and Thomas to the Unit
ed States senate. The people know tn 5
was done, but they do not know just
how it Was done. 1t was accomplished
through increased payrolls and the ere
atioa Of new positions, the only duties
Of which were to work for shafroth
and Thomas. The charge is often
made that Senator Guggenheim ex-
pended one million dollars of his own
money to elect himself to the United
States senate. The charge can be
made that John F. Shafroth expended
two millions of the peoples money to
elect himself to the United States sen
ate. In addition, the indications are
he would have expended twice that
amount if the money in the state treas
ury had not been exhausted. The to-
tai appropriations of the Buchtel ad
ministration were $2,444, ,593l6. The
total appropriation of the first Shat
roth administration was $3,432, SOS. AZ.
and of the second Shafroth Adminis-
tration, $4,34s,s s,s45.O5. The last Shaf-
roth administration had an increase in
appropriations over the Buchtel admin
Istration of q, ,9O4, ,231.s9. Was this in
crease used for the educational or penal
institutionsi Not that anyone ever
discovered. 1t was used in increased
salaries and for more positions.
Was the shafroth administration auy
better from business viewpoint than
the Buchteli Not in the least. On
ths other hand, it was noted for ITS
wa.tel sxtravaganee. How then was
ths messy usedf Note the eompari-
sons In loo7-s the cost Of running
ths ssvssnor's office was $500. In
le1l-l1 SAafro&h increased it to
94,Soo. TIE increase in The secretary
Of staesI office was $500; in the
snditoeh office there was n increase
sf oa,Seo; in tie tFeasarer's office VI
q, ,7sA The superintendent Of schools
sxpsessl $500 more under saafrotA .
second ts.m than under Buchtel, while
Tie ststs engineer Jumped the cost Of
that aePartns,t ael, 800 for the period.
he tskal increase in state house pay
rell aloas WAS 1se0, ,23S.5o. These ex-
tn CLERKS asd officials did little elss
thaa hSsr for GAa1sotA fer The Ulited
oeasss ssnats.
Hsv about the Annoas aahiaistrar