The Muskogee cimeter. [volume] (Muskogee, Indian Territory, Okla.) 1901-19??, 1916-12-09
k.7A"A ARKANSAS, .i92!2GIP?l, GEORGIA AND TENHES.
SEE FORCED TO SHOULDER S15.00Q,CG0 IN DEETS
BECAUSE CT "DRY" LAW
THREE CONDUCT bU2I0ELSS55 On CREDIT
lanes G. Ece Mter Personal Investigation, Writes Article fer
Memphis Herald Depicting iho Ead Effects OF hn'LiQuor
Statutes When Not Supported BY Public Sentiment

James C. Rice, CT ChattzrotSa, after
Witt and peraonal inve5tlS alton o.
fye Soutt c-n States, declares Ia the
Moraphis liagaii that prohibition h2S
nearly paahrdPted them. In letter
10 A. l.. Rowe, editor ot the Nsgald,
Rico says he has the oilc!al records
TO back birn Up. Tao article sayG:
lie policy rreYail!n3 N nu.1Se:
Of Southern States OF oaactins !aHs
tha, destroy rcyenue.boarin: property
and failure or refusal on the part OF
the legislatures 10 provide ways and
means for covering tie loss back into
tho public treasures, through olho.
forra1 OF taxation, Is causing public
concern a.i great deal Of worry on
the part os public o.hi'als.
Resort 70 bead issues and other
forms az borrowing has become moro
fgclus,.; OF recent years 70 pay deficits
in public revenues, and many cClnJc3
in some OF the states have Gs.crel
their warrants to d2precia.o In yalGs
UNTIL the discount on them 70 az high
as % per cent. Tl.s dcg'oc'atoh
caueos much los to the taXpaye ers, 70:
the reason that when contractors make
bids on public work they include TIE
discount on the warrants in the: b!Ga.
Conducting Eucln:73 On Credit.
Three Southern States are now con-
duct!ng their business on ere llt basis
IN the absence of sufficient revenue in
their treasures TO meet the current e..
ff / . u.
der prohibition laNs that deprived tho
public treasures of revenues approx
mating S5oJ.o00, year each. without
making nay iynpro 5e1cat, 90 lar as
records show, ia public morals.
For example Alabama has tnd
trouble with its finances ever since tae
ftatc began experimenting with pro-
L!bit!on. The Gedc.t in the revenues
Of tho state at present Is about $1,000
O29, and It IL being increased, The
state has q bonded debt already sp
pToxlmat,ug sll,00),o0e, and II the
coating dehcit Is added, tho total debt
OF THO state is about Sl4.0j0,00o.
tSrly in the present year. Governor
Henderson went to New York and
made arrangcn ents with large hnan
ciGl institution to pay the current war
rants OF the state tAat could not ~
paid out OF tho treasury. Interest T.
paid On t.efe warrants from tho date
OF issre uatll thsy are taken up by TIA
state f,rou proceeds OF fltGTe
tond isiucs. The next loSlslG
tQre Of Alabama will be ask
Cd to authorize a bond Issue n
Sufficient amount to cover the deicit
In state revenues. and the amount will
10 aGont s3,00),0)0. Really, Governor
Henderson recommended bond issue
in that amount to the last legislature
but $l,500,001 was as far as the legiS
lature would go In that direction.
proyia!ol was incorporated in the
enabling act, submitting the bond is
sue to vote OF the people. IN th'
referendum the Issue was defeated
and tho administration was left wit!
big 6e5t Oh It's hands with nothing
10 meet it.
Arkansas In Chaotic Condition.
The fiscal affairs Of tho stats c
Arkensas are in such chaotic condition
that II 10 difficult to cay with esrtaint.
how much that state owes. IL IL dii
Gcult 10 determine how much OF the In
tebtsaneIs Is due to prohibition laws
However. 1t is recorded fact tina
whea the prohibition law OF that stat
deprived ths treasury OF near a hal
million dollars year that collaps
OF public credit resulted Q 'overno
Hayes was forced to veto many neede