The St. Cloud journal. [volume] (St. Cloud, Minn.) 1866-1876, 1871-04-13
I'm 41I.L 1sORU IN A0Ju8T1GRN1
'ss5s OF THn BOND OEDI \.

-.
s. plIl ION tn AoJusr1lll. MT
.sss 80 aoNp p1s
. II Ia. va a. J. ,,s,,o . nrh,;.h.;, !,
fun, the second lime Tia hin /. .,ad 81
the last Legislature g dies. .he. I. validity.
aud provide FOR the equitable adjust
ment Of certain State Railroad Bonds. =
being snob = were deposited 81 Sslah
Chamberlain and ! few other indiyidu.
i. sl,at va.r nndar the Z. nroyinious of
,ha h;,l for n.;no Aha Intern,l Improve
mant land. s liouidatiae The debt
$Af,ar !. careful examin nation of III mn.
v;,ion. d hi. Act. "a Yfesl .seo. Nh
70 onposo il. for the. follov In sno 90.
other reason. !. 3. IS 3
Fyr.s. If Tie vote e Ia ,ns =.
esec,ion ,h,ll be Is tho a; rro.1;,e ] IL I,
whole n,..ter xill thcn; have posed out.
q the hands of the neonle. an and tha,5
Win ID noverle.a "a nro.sot th.n.alvsa
against .ny .cheme 3. combination
which m.v IL formed ,rha .l;n.tn. AMI
Of liabilities amounting "a (noaa,bl,>5
nearly ,;pe ,.;ll;o.. az doua,a .;ll h.
left .;,h .thra. man .nv :, al fvbo,,
NAV reside v;,hont The st.t. - Mime.
.ota. Indeed :. nr.ot;c.llv. 1. th;. .ru.t
will rest * n. ,,,nol. hands q of Gov.
ernor Ana,;ns vho h,. sola .uthoritv II ]
.nno;nt;n,, these Commissioners. This
is = reane visibility vbioh should never,
be committed to any Ono man-or to]
,ny three men. with al the possible.
ties which nav ba involved Is tha;r
selection If this Act had provided
for the .nnoin,ment Of Commissioners.
With du,i,. similar 70 tho,a nov 4 .nr..
sor;bad. and reou;red that their renort
should he ,uhm;ttad u . ,ota of tia
naomi. f,r .aont;on ~ ra;.c.;on - the
novt ~ ANNA f.,,o,;r, cen.,., al.o.;on.
,ha most ,or;on. oh;.e,;o, ;,-on,a :. =.
movea IA !. nov st.na. n. n.onl.
h.v. I,.,ol,v ~ vo;oa n .ho aim.
mant OF tho bond claims. 81 Thew ara
,,,m;tted o,,, "a .,ot. =, -. .h.th.r ~
M thew ,.b.li ba .d;u,,ad ..under hi.
hill. Thew nav h. toler,hl, c.,..;n
,h.. Tho, ..nnot,-o,,~h. .on,.,,.d -
nav mora than ,tha rf.ca n tha bona,
With the accrued interest: thew have
nat tho a,;ohtes.s ...n,.noe th.t +.
..ard ,;ll BE- .n,r1 la... .Tb.v, a. no4
even 10. -. n.ma. of :. -. -. ,,.,
~ ~. +o.a.,;d. n..n, ~ d;....;,;o,
If m;lI;on.- ~ do1l.r. ~ ,h.;r .n,on.
.rtv. Tn .hort thav A.. ent;ralv = ill.,.
mercv Of Governo, rAu.,;n. and 4.
Gam n,;ss;,,.~. ~ho,, =. ....;,.
We claim that the, adiustment itself
ought to be submitted to 3 tho people,
aud not the question ~ to whether
there shall be an adjustment; for. that
this should DO has .alvays. been admit
ted.. ~, .ns. -, -, =. .s,s....,;.;,-f J.
Second.-The time for holding the
election was appointed With 4 view to
keeping away from the rolls: the ma
jority of those who would be certai1 to
cast their votes against the bill-the
farmers. The early BART Of MAY Is ono
Of their busiest seasons. The ap,.e,c ,
election Of last year On this same bond
question, Demonstrated that less than
half the usual vote could Be, called out,
aud the greater portion of that wa Il, |. cast
in the cities and larger towns. a fnll
vote is. just what tho supporters Of the I!
bill DO not want.
= .yAir4.-Bat about two weeks are d.
lowed for the; Governor to make bis
appointments, and for the Commission.
ers to organize, receive the testimony,
make their decision and prepare their
report. They should have had fully %
mauy months. There WAS no need for
this unsecmly haste, and the State must
be the sufferer BY il The st. Panl
Pres. gives as its opinion that T.. ''ahy.
three men, learned in law, who could I'd
not settle this meaning. the Legality 81
the bonds 10 I'VE minutes, must be poor
sticks indeed" The tact that the
fress considers the old bonds legal ana
Just demand to their full amount ''f'
against the State, mag throw some light
on the tendency Of this "oplnioa.
Fourth. The sliding scala At in-
terest is calculated to deceive thoseswhe
may, casually examine the bill. lille
the interest for the FIRST year Is only two
per cent, yet the difference between
that and seven per, cent. Is added 70 tho
principal, and 90 on each following year
until the, seven rer cent. rate: il reach.
od-thna COMMONWEALTH, tia ;ntere.k