Show I 75000 BORROWED BY STATE I Board of Loan Commissioners Negotiates n 3 Per Cent Loan for Five Months from Eastern Bank o I The State Board of Loan Commissioners j Commis-sioners met yesterday and closed up a loan of 75000 from the National Park I bank of New Jersey The Slate treasury treas-ury Is empty and In order that warrants war-rants issued for current expense1 may not go unpaid It was necessary that the treasury be replenished The loan Jz to run to cgmUer 19th wlcu it Is expected there will be plenty of money from the taxes to meet it The rate of interest Isl per cent per annum which IB connidrcd very reasonable This IS i the second loan nf 70000 which the State bus arranged for The first ono was obtained a couple of months ago from the National Park bank on the same terms as the present ono j |