LOCISVII.LE, March HO.- A special to The Evening Times from Fi-ankfort, Ky., states that Governor Buckner Tuesday morning suspended State Treasurer James VV. Tate. Tate is charged with defalcation in his office, and, it is said, has fled the state. The defaulting official has been state treasurer tor thirtyone years. He was considered the soul of honor, and the news will produce a tremendous sensation throughout the state. It is thought Tate's shortage will amount to between $50,000 and 150,000. A later dispatch from Frankfort states that the investigation immediately instituted on the recommendation of Governor Buckner had, up to 11 o'cloek Tuesday morning, disclosed a deficit in Tate's office of $150,000,and that the irregularities seem to extend back eleven years.