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Show I POLITICIAN OWES MILLIONS (sz. 1 I Col. Jamca M. Outlay, oil mngnuto and national yZz. JL' Democrntlc commlttcomnn for Pennsylvania. artT'rgg' " whoso affairs woro recently placod In the hands of zzg!yyfyffii0f n recolvor becaiiRO It was nuld that ho owod a yf'y' vnst HUm which ho had not tho ready raonoy to liquidate, will pay off his Indebtedness In full and wJPII Kli l,lcn Bt'11 ,mvo Bomo 18,000,000 balanco loft, ac-' ac-' Auw I cordliiB to John S. Wlllard, recelvor for tho poll- jmh lOwLfe tlcian. Schedules of tho colonel's finances show iP'Pnv (' tllat u's n8aets nro omothlug moro than $15,000,-AW $15,000,-AW I 00, wll" Ilab,,u,os nmount to about $7,000,000. nwaZ& rJ Tho recolvor for Colonol Quffoy's propertlos was fffMflk. &&!my W appointed by Judgo Josoph M. Swcarlngon, of WmflL vM? fesr P'ttoburg, upon a bill In equity filed by J. H. MfmmkihW' Tho bill fllod alleges that Cotonol Guffoy's Indebtedness Is about $0,700,000, of which about 1950,000 Is unsecured, that tho defendant has no ready nionoy with which to , meet tho pnymontB duo and that certain creditors aro threatening to soil his If collaterals and entor suits I Colonel Guffoy, who In 05 years old, has neon an actlvo Democratic ll leador In Pennsylvania for over 20 years Ho has uIeo built up two great for 1 tunoB. In 1S83, when ho had nnmsflcd wealth amounting to millions as an oil liroducor, ho "wont broke" with a scoro of other Pennsylvania millionaires following fol-lowing tho depression in oil securities. Ah It seemed thore was llttlo chance Df recuperating his fortunes in tho oil fields, Colonol Guffoy changed his base of operation to Pittsburg, his business to tho production of natural gas, and In 'A a half-dozen years his wealth again was In Us old repositories. As n member of tho nntlonnl committee ho has boon n forcoful figure and I he was n strong probability for tho succosBorshlp to Chairman J. K. Jones after tho lnttor'a retirement. Ho has long boon croditod with tho ambition to bocomo n mombor of tho United Statos senate |