The Colorado statesman., 1915-08-28
STATE FUNDS DEFICIT
INCREASED BY DISCOVERY OF
SCHOOL BOND COUPONS.
Shortage Heretofore Given as S9,868
Increased to $1e,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,
86S is increased to S19,736.60.
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 it
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 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 that 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 $4,000.
Carlson Oenounces Printing Contracts.
Denver.-Denunciati 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
ng-a system that has been tolerated
III years dl lue expense OIL 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 l recall
one instance where items of success
full bidder called for the binding of
ledger for soc that cost at least Sill
That book was not ordered Again,
another item could easily be delivered
for So at fair profit, and it was list
ed at SIG. When this administration
endeavored to make a 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 prohibit
ton, Gov. Carlson pointed out the haz-
ard placed upon business interests by
the workmens 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"