The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-24
M'NUTT FLAYS
BACKYARD TALK
OF REPUBLICANS
Governor Pitches Into Foes
at Meeting in Warren
Township.
Continued From Page One

Continued From Page One
history when a jim Goodrich inven-
ton was utilized.
Remember when the bonding
margins OF all our local subdivisions
were practically doubled by the use
Of horizontal increases in property
assessments? I know some Of you
property owners remember that
This credit and bonding power
further was increased by subsequent
Republican legislation creating new
taxing districts and the Republican
invention Of the holding company
idea. whereby constitutional bond
limitations were cirCumvented.
School Problem Solved
TN 1881, the bonded Indebtedness
Of subdivisions had risen to $780,
100000. This necessitated and still
requires for a few years to come, an
annual outlay Of more than $4,000
600, being more than Onc-flfth of the
total property tax levy"
The Governor added that one
thing that makes the Republicans
iittery is that they thought they
left US in such a mess that we'd
never get out of it."
Pointing out that Indiana has
solved the school finance problem
which is the despair of every other
state in the Union except New York
and California, the Governor dis
cussed the operation Of the gross
income tax.
The state government is paying
approximately one-third of the total
operating expenses of the public
schools during the present school
fiscal year" the Governor asserted.
Distribution of School Aid
Distributions for school purposes
will amount to approximately sl4,-
100000 to help meet a total Oper-
ating cost of S42,000,000,' ne said.
Actual distributions from the new
sources of revenue alone viii amount
to S52860 for the 2O.OO4 school teach
ers, or the equivalent of Sl608 for
each of the 657 682 school children
in the state.
During the calendar year of 1888,
a total of SD ,3O4 931 was refunded
to the local units of government.
This distribution of state funds was
$6867 ,648 more than was distributed
during 1882 and records of the state
auditor show that for the year 1888,
the economy benefits to taxpayers
from the operation of the state gov
eminent alone amounted to $13,119,-
848.
Two factors account for this i'm
proved condition: First, the eX-
penSeS of the state government were
reduced at the rate of more than
100000 a month"; total of Sc ,252,-
200 for the year; and, second, the
increase in refunds of state money
to local communities in the sum of
almost 100000 to which 1 have
just referred.
Saved Millions in Taxes
THE saving is two ways. State
expenses have been reduced and
more money has been sent back to
reduce local taxes. 1t is obvious that
the local taxing units would have
had to raise through their taxes the
sums returned to them by the state
had it not been for these additional
refunds"
The Governor pointed out that
the tax bill for the last two years
of Republican rule was $685.
725. 1921.
In the first year of the present
Democratic administration, he said
the total property tax payments
amounted to S88.264 O30.63. Max
ing a reasonable allowance for de-
f1ciencies in budget levies, we can
estimate that property tax cOllec-
tionS for 1884 will not exceed $89,-
100000. That gives a property tax
= bill for. the first two years of the
Democratic administration of S177,-
26403063. compared to $3.50. 725,-
1921 for the last two years of the
Republican administration.
There is an actual reduction of
$92. 461. 750.58 in property taxes dur
ing the first two years Of Demo-
cratic rule"
AsSaiIs BObbitt Charges
The Republican party could not
point to such a record if it tOtalled
all the comparative reductions of
all the years during which it was
charged with the responsibility of
government in Indiana"
The Governor read from a cam
paign speech of Arch N. Bobbitt,
Republican nominee for the APP
pellate court, in which the state ad-
miniStration was charged with
spending more than the preceding
Republican administration.
Figures don't lie" the Governor
Numbered. Such statements as
those being made by Arch Bobbitt
are deliberate miSStatementS and
demonstrate his unfitneSS to sit on
the appellate bench"
Bursts of applause greeted the
Governors mention of the public
service commission and the service
of Sherman Minton. public coun-
selor when numerous utility rate re-
auctions were obtained and now
Democratic nominee TO the United
States senate.
Lauds SHAY" MintOn
III tell you the kind of a man
Shay Minton is, the Governor said.
Il played baseball with him on the
same team at Indiana university.
I've seen him in victory and defeat
and there is one thing about him
that is one of the most outstanding
of his many really fine qualities.
When you've reached for him. he
was there And when the people of
Indiana reach for him. he'll be
there serving the people of Indiana
in the United States senate with
grace, dignity and ability.
1t Will never be said of Shay
MintOn as II has Of Arthur RObin-