Dallas herald. [volume] (Dallas, Tex.) 1849-1873, 1872-06-08
THE COURT HOUSE BONDS.

We alluded briefly last week 10 the pub
lie notice given of an Election to be held
in this county on the LIST, End and Sd days
of July next to take the opinion of the
qualified voters of this County on the ques-
ton of issuing $4,000 County Bonds, run.
ming for twenty years at ten per cent for
the purpose of completing the new Court
House. We then expressed briefly our ap.
prevail of this plan and we now propose
to consider the subject more fully and give
the reasons for our advocacy Of it. We
wish to place the whole matter plainly be-
fore the people that they may act with
full knowledge and perfect understand
ing.
The Legislature empowered the County
Court to lovy tax of so cents on the 500,
TO buili new Court House. Last year,
the amount of az cents on the 500, was
levied and collected, amounting to about
$l6,500. The building was contracted for
and the work commenced. For reasons,
not necessary here to particularizc, the
contractor abandoned his contract, and
the Court has since proceeded with the
work until the first story Of the building
has been finished in tho most substantial
manner. When the whole is completed, it
will be the finest Court House in the State
and great honor to the County. 1t Eas
cost, so far, about $50, 900 but this includes
the lumber and much Of the wood work,
all Of which is being done in the best
manner. This has been accomplished by
expanding the $4,000 of the last years
tax, and the balance on credit, based up
on this years tax levied, which is 40 cents
on the 500, leaving p per cent still un
levied of the whole so per cent allowed by
the act of the Legislature. II is supposed
that tho building may DO completed &c
cord;ng to its original design for about
the sum of Co., 900, which will be very rea-
sonablc, in fact cheap, for SO noble struc-
ture.
Now it will be perceived that, if the
issue of the proposed bonds be not sane
toned by the people, the whole of the re-
naming tax, authorized by the Legislature,
421 cents on the 500, will have to be col
lected and even more in order to complete
the building. 1t will be heavy burden
upon the present population of the county,
now fast increasing by immigration, and
it is but right that those who's hereafter
to come in and enjoy the advantages of
the new House should contribute their por-
ton of the expense of building it. This
W i'll be the case, If the bonds are issued,
not otherwise. 1t is understood that if the
people sanction the issuance Of these bonds,
the County Court will not collest the pres
ant years tax of 40 cents on the 500,
which Of itself will be quite a relief to the
tax payers. This is a very important mat
ter for. the consideration Of the voters and
must be kept in remembrance when they
60 to the polls. By issuing the proposed
bonds, the people avoid paying any moro
taxes for the building of the Court House,
except the small amount necessary to Fay
the interest thereon and the sinking fund,
which will be divided with all the new
Corners. With the completion of our rail-
70 DIS, the increase Of our population and
wealth, both in town and country, will be |
rapid and large. In five years Dallas will
probably have a population Of Is, 600 and
lands in the County by that time will have
n arly doubled IN value. The burthen of
the debt created will be mere feather, |
whereas the collection Of the whole tax
nov upon the present tax payers will
weigh heavily upon them. For one VIC do
not see how the people can hesitate in this
matter. We take it for granted the people
lesire the Court House to be completed.
They surely do not wish Il to remain in its
present unfinished state, by which all that
has alraedy been expended would soon be
Ost. They must then pay The taxes TO
complete the building, or authorize the
ssusnce Of these Bonds, which will they
,referl Can there be any doubt about IL,
We should NOS. They will surely be guided
BY their interests. And here, in cOnclu-
lion, il is proper for US to say, that these
,onds are limited in their sale to not less
han IS cents on the dollar, and they eau
,robably be sold for more. Let the peO-
lie Of Dallas County think well about this
natter, and not be carried away By any
rsiudios Or false Tehssnirgs Itisan
TO then, and they shscii a.
-nh 5elihesaiicn sna Fisioa-