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High State Taxes And Depleted Treasury

High State Taxes And Depleted Treasury image
Parent Issue
Day
13
Month
September
Year
1895
Copyright
Public Domain
OCR Text

Our overwhelniingly republican ad ministration is up to the nsual trick o: depleting the public treasury. From the ï-eport of the state treasurer it is seen that the balance on hand in the state treasnry, June 30, was only abom half what it was on Jnne 30 of the preceding year, and this in spite of the largely increased state tas which has been iruposed since the republicans suoceeded the deinoorats in power in this state. The democratie adniinistration of Governor Winans largely reduced the tases from what they had been under the previous republican administration. Ent no sooner do the republicana again get in power than a new era of high state taxes begins, and the saving made by the democratie adniinistration is not only lost but the taxes f ar exceed those of the previously high tax republican administrations. On June 30, 1895, the balance in the state treasury was $290,417.79. On Jnne 30, 1894, it was $521,825.37. Our republican friends,should be proud of this heavy reduction of cash on hand. To show how rapidly this increase in itate expend.itures h.a.s been we turn tö the first year book on which we lay oui' hands, the red book of 1889 and flnd _jthat the total state espenditures for the Jréar ending .Tune 80, 1888 were $2,869,fiO8. 94, while for the past year the state expeudituresjhave grown to the enorm - ous total of $3,935,605.68, an inorease of over a million of dollars in seven years, or, to state the mater in another way, the state expenditures have increased over thirty-eight per cent. "What have we to show for this enormons increase in hard times? More republican office holders - but what else Should not these figures, all taken irom republican sources, open the eyes of the voters to fact that Michigan has had all the republican rule that is good for the pockets of the tas payers?

Article

Subjects
Ann Arbor Argus
Old News