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Show B CAUGHT IN HIS OWN TRAP. B A' very smart editor, by the name of Le Roy Armstrong, in the M employ of the Morning Examiner, asked why Governor Cutler, when 1 he was governor, did not place the state's money out at interest. Only H a Bmart man like the Examiner's editor could discover that Governor H Cutler did not place the state balances out at interest, but a twelve- M year-old school boy first would have ascertained if there were any H balances in the state funds to put out at interest when Cutler was M governor of Utah. What are the facts In the Standard office are the reports of all public officers of the M Btate of Utah for 1908, and on page 10, part 4, of volume one, is found H the statement of the treasurer for November 30th, 1908, just one H month before Governor Spry assumed the oath of office as governor H of Utah, and that report shows that there was only $66,848 in the H general fund of the state of Utah just about enough to pay the run- j ning expenses between November 30th and January 1st, 1909. There- M fore, there was no money in the general fund for Governor Cutler to H place out at interest. M What are the facts, however, at the present time? The writer H of this article appeared at the state treasurer's office a few days ago 1 and was advised that there was a balance of ovor three-quarters of n million dollars in the general fund, and that over half a million dollars dol-lars of the state's money was deposited in Governor Spry's bank in Salt Lake City. When Governor Cutler Avas governor of the great state of Utah, no more money was collected from the people than was necessary to economically conduct the affairs of the state. Inheritance tax that was collected under Governor Cutler was used to pay the ! expenses of the state of Utah and not placed in the governor's private bank as it has been done by the present, governor and state treasurer. The foregoing are the facts. Now please answer why Governor Spry has over a million and a half dollars in the state treasury and he still taxes the people for more "money? Please answer why one of Governor Spry's banks is collecting eight per cent interest on half a million dollars of state money and the state fails to receive a cent of interest? Eight per cent interest on a half million is forty thousand dollars per year, and yet the banks are collecting three times that amount of money and not one cent for the state. Why, of course, Spry is a good governor for Spry's banks. Let the people endorse the pet bank scheme and they will continue con-tinue to bear the heavy burden of taxation. |