Lincoln County times. (Jerome, Idaho) 1911-1919, 1914-09-24
'Dt MMl" LOAN RETURNED
TO STATE SCHOOL FUND.
tltimatum Given o. V. Allen, State
Treasurer. by Republican State
Central Committee. Apparently
Has the Desired Efect-Entire
Amount L. Paid Back.

A week TO a day following the SEN /
sational exposure made by Clarence
Van Deusen and published in the |
Capital News. the dummy" loan OF
$4,000 made from the public school
funds OF the state of Idaho to State
Treasurer O. V. Allen. with which to
speculate on Gao acres of land ap-
praised by the state for $40 an acre
| but sold TO Lewis W Ensign and
George B. Wood for $3.50 an acre.
was paid back to the state yesterday
with interest by w. II. Gibberd OF
| Boise. He paid in cash 10 Register
| Ned Jennes OF the state land board
the principal and interest. amounting
| in all to sSSS4 6s. and the state
forthwith assigned to him the mort
gage it held on the land. together
with the notes taken when the loan
was made. The land board met and
accepted the payment In full. noting
il on its minutes under date of Sep
tember 10
The settlement of the dummy"
loan is taken to indicate that State
Treasurer Allen has complied with
the ultimatum delivered to him. ac-
cording to the most authentic reports
- by the republican state central COM
mittee and prominent party leaders
to either make good the loan togeth-
I or with the accrued interest or resign
from the ticket as candidate for re-
election. and in the event of doing
neither TO run the risk of repudia-
tion Yesterday was said to have
b.. been the time limit set for the pay
ment of the loan and interest so that
b, the state be amply protected and
g the public school fund would get
II back the money loaned out of it to
= gether with interest.
"a The Van Deusen charge was made
p during an address at the Odd Eel
- lows hall. Thirteenth and Eastman
IS streets. Friday night. Sept II. whel
a he accepted the challenge made b,
n Register Ned Jenness OF the stat
n land board showing alleged "dum
mics" had been used in the loaninl
40 OF public school funds. The follow
"a ing day. Saturday. Sept. II. the eN
10 posure as made by Van Deusen wa
~ published in full in the Capital News
no or just a week before the money wa
paid back to the state together wit
to interest in full which the register c
of the land board had notified the stat
a, treasurer was due but which he ha
os not paid for nearly two years follow
,r- ing the making of the loan. Thi
the exposure created consternatio
not only among those interested
the loan. but with the public gene
10 ally. would be putting ii mildly.
-, The state central committee of Il
republican party met in this city Ia
~, TUESDAY and after disposing of
-. organization work went into exec
80 tive session and considered at leng
r,s the exposure. State Treasurer All'
.ho was called before the committee
~, offer an explanation and at that tin
,.d admitted that the money had be-
~, borrowed from the state and the
terest was unpaid. 1t was current
-. reported that Allen was given to Il
"a. derstand that he could within I
m week and by yesterday pay back
,,, the state the full amount of the 10
,s together with interest up to date
:, . resign from the ticket. and that
,.s the event he failed to. the commit
"a might take the drastic step of repu
H. ating him on behalf of the party
ask whose 'ioNe' "e ,.,, 49,, -,
his mite action was left with the exc
. Ga tive committee of the state cent
nm committee.
That the money borrowed from
, public school funds of the ST
- through the alleged dummies