The Elbert County tribune., 1915-08-27
STATE FUNDS DEFICIT
INCREASED BY DISCOVERY OF
SCHOOL BOND COUPONS.
Shortage Heretofore Given n ee,s6a
Increased to $is,73e.eo by Package
Found In Treasurer's Office.
VS. Service

western Newspaper Union News Service
Denyer.-With the discovery of the
missing school bond coupons In the
vault OF the state treasurer's office
the shortage heretofore given at So
SOS is increased to s19.736.6o.
The coupons were found tied In a
package in the far corner of the top
shelf OF the big vault, and the discov-
cry was the result OF an accident.
Oscar Smith was looking for some pa
pers when his foot slipped on the lad
der and in attempting to save him
self his hand fell on the package CON
tanning the missing bonds.
On the same shelf was found a
statement from Blair & Co. of New
York. which contains figures that. ac-
cording to Mr.. Temple, show that 1t
was "doctored' In an effort to cover
up the shortage. The statement. dat
ed Dec 81. 1914. purports to show
that on that date the state OF Colo
RADIO had a credit of s9.317 with the
New York banking house. where cou-
pons on Colorado state bonds of the
1910 issue were payable.
According to officials of the depart.
ment, entries in the books made by
julius Clark, the bookkeeper who
committed suicide last April, pur-
ported to show that $4,000 had been
sent to Blair & Co. to pay bond cou.
pons, but the New York bankers
never received the money.
If the increased shortage is verified
1t may mean shat State Treasurer NJ.
A. Leddy, In whose administration the
entries were made covering the short.
age, may have to make up SO, 1856 go OF
the shortage with no prospect for re,
endorsement as the bond made by
Julius Clark, who made the false en-.
tries, is for only 10000.
Carlson Denounces Printing Contracts.
Denver.-Denunciat OF the de
stroyers who brought Colorado into
chaos was voiced by Gov Geo. A.
Carlson in an address before the
Farmers Union picnic at Fort Lup-
ton. They are the same forces that
today viciously oppose the elimination
of the quick bidding in state print
I'D . - thal MAS Dttu tOleTdttu
for years at the expense of the tax
payers said the governor THE con
tract. under the present arrangement.
is awarded to the lowest average bid
der. But the printing items are ar
ranged in groups of three or four,
and only about one-third of the items
are ordered during the year. | recall
one instance where items OF a success
full bidder called for the binding of a
ledger for soc that cost at least $l1.
That book was not ordered. Again
another item could easily be delivered
for $S at fair profit, and it was list.
ed at SIG. When this administration
endeavored to make change that
would bring about fair competition.
there was heaped upon 1t the most
unjust and vicious assaults possible
But theirs is the program OF the de-
stroyer and their doctrine will not sur
vive." In advocating statewide prohibi.
tion, Gov. Carlson pointed out the haz-
ard placed upon business interests by
the workmen's compensation act. "Any
increase of accidents will be an in.
crease of economic pressure upon the
business itself" he said Statistics
show that there is a decrease in the
number of accidents in districts that
have had the closed saloon"