The Arvada enterprise., 1915-08-26
STATE FUNDS DEFICIT
INCREASED BY DISCOVERY OF
SCHOOL BOND COUPONS.
increased to $1s,736.6o by Package
Found In Treasurer's Office.

Western Newspaper Union News Service.
Denver.-With the discovery Of the
missing school bond coupons in the
vault of the state treasurer's office
the shortage heretofore given at 49,.
s6S is increased to $19.736.6O.
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
statement from Blair & Co. of New
York. which contains figures that, ac-
cording to Mr.. Temple. show that it
was 'doctored' in an effort to cover
up the shortage. The statement, dat.
ed Dec. .. 1914, purports to show
that on that date the state of Colo
RADIO had a credit Of $9,3l7 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
II the increased shortage 10 verified
1t may mean that State Treasurer M.
A. Leddy. in whose administration the
entries were made covering the short.
age, may have to make up $9,736. GO OF
the shortage with no prospect for re
endorsement as the bond made by
julius Clark. who made the false On.
tries, is for only $4,000.
Carlson Denounees Printing Contracts.
Denver.-Denunciation 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
inE-a system that has been tolerated
for years at the expense Of the tax.
payers" said the governor. THE con.
tract. under the present arrangement,
10 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. I recall
one instance where items OF success
ful bidder called for the binding Of a
ledger for SOC that cost at least 81.
That book was not ordered. Again,
another item could easily be delivered
for IS at a fair profit, and 1t was list
ed at $16 When this administration
endeavored to make change that
would bring about fair competition.
there was heaped upon It 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 decrease in the
number OF accidents in districts that
have had the closed saloon"