The Weekly Kansas chief. [volume] (Troy, Kan.) 1872-1918, 1878-05-09
About Comprornising Bonds.

The last Bulletin just awakened to the fact hal
| there business on hand relative to the Couu
ty Bonds, and forthwith set mp dismal squeak
| Itwabts to know what the County Board has
/ been doing that it has not taken any steps to-
! ward compromising the bonds, and INDUCES in
the usual slush abont the expense the suit is go
ing to be TO the County, in employing lawyer.
paying costs, and all that.
The Balietis knows the reasons for everything
1t bowls about, perfectly well; but lest any
gullible outsider may he led to believe that the
man who "always keeps posted" has been kept
in ignorance Of matters of the greatest import
ance to the public, We shall enlighten him.
The editor of the Bulletin knows that it requires
two parties to make compromise, and that bond
holders are not going TO compromise on their
bonds, as long as they are getting their interest
promptly. He knows that the only way to
bring them to negotiations, is to stop payment :;
and he knows that this method could not make
itself felt much under a year-and it is only
three-quarters of year since the Board first re-
fused to levy bond tax. The editor of the
Bulletin well knows that the people of the
County held delegate convention, early last
May, and that the delegates were fully empow-
cred to speak for the people, who resolved that
they would back them in anything they might
determine upon. He knows that this conven-
tion unanimously instructed the County Board
to levy no more railroad bond tax. He knows
that the meeting took it for granted that law
suits would eDsue. He knows that the conven-
ton authorized the Board to employ legal coun-
sci, at the expense of the people. He knows
that it pledged the Board that the people would
sustain them. and would reimburse them in any
expense or cost they might be put to, in carry
ing ont the instructions All this was published
in the Bulletin, and is well known to the editor
and to the people; yet he now asks why the
bonds have not been compromised and raises
howl about the expense that the people knew
the business would involve and that they PROM
ised to bear.
The Bulletin may find its profit in assisting
the bondholders to buldoze the County Board,
and attempting to frighten the people, with the
same old cry of Expenses" into backing down
from the position they took year ago. This
bond business is going to be matter of consid-
cradle annoyance and trouble to the members of
the Board and if the Bulletin and the bondhold-
ers can succeed in brow beating and frightening
the people SO badly that they will hold another
meeting, and back down from their former posi-
ton, and instruct the Board to meekly submit
and levy the railroad tax, although it will almost
double the taxes of the people, we presume the
Board will be glad of the relief it will be to them
personally. But if the people refuse to scare,
but resolve to fight it ont, as we have pretty |
well defined idea they will, the editor of the |
Bulletin will be left with his breeches down, as |
he has in every other instance in which he has |
tried to bulldoze the public, in the last year.
Aspecial meeting of the County Board was |
called, to meet on Monday. Mr. Deckard was |
absent from home, to be gone for several weeks,
but the other two members met on Tuesday
morning, employed counsel, aud made other ar
to contest tho bonds to the end
Messrs. Price and Perry were engaged to asst
The ounty Attorney, aud perhaps other counsel
will be engaged