The south Kentuckian. [volume] (Hopkinsville, Ky.) 1879-1883, 1879-11-04

whole twenty thousand dollars in
about 6R years, and should smaller
amount be Issued the time would lie
shortened accordingly. Should more
moderate views prevail a three thou.
sand dollar levy would pay them of
in about 9H years, and should the
council be disposed to look to what |
conceive to be the zeal interest OF the
taxpayer in this matter, they could
extend the time of their redemption
to any time within thirty years. Thus
you see the time and manner OF the
redemption OF these bonds is lett en-
tirely to the wisdom of the city coun-
ell. They can levy a tax almost as
heavy as that called for by the most
ardent direct tax man, and pay off the
bonds almost as fast as they are ia
sued, or they may pay them OIL III
small and easy payments, extending
the time 30 years II, In their jndg-
ment, the best interest of the coinmu-
nifty demands it..
Ifthis system of Public Schools Is
established hero we must expect
very considerable increase in the pop
ulation and business of our city. In
my Judgment both will he moro than
doubled in the next ten Years, and
with this increase we must expect
water works and perhaps another
railroad, a narrow gauge one is talk
ed Of even now from Elktoii to Cadiz,
passing through this city. Should
these bic improvements be built
at the public expense we must have
bonds and taxes, but In considering
this nntter we must rember that the
very highest rate of taxation anthor-
lied by our city charter Is two dol
lars per one hundred dollars and fiys
dollars poll tax aud The very highest
amount of bonds the city is permit
tied by her charter to have outstand-
| ing at one time is one hundred thou
sand dollars. Thus you see taxes
can never be high in Hopkinsvillc,
nor can our city ever become bur-
dened with bonds 30 long as the pres
ent charter stands. "t' ~ - ,
Low taxes are very convenient, but
they do not invite population, nor do
high taxes drive away population, II
such were the case all Of our large
cities would be depopulated and
small places like Hopkiusville, Cadiz
and Eikton wonld be overrun with
such men as the Astors, Vanderbilt,
Jay Could Cyrus Field and other
millionaires, seeking Immunity
from the heavy taxes pre-.
vailing In all prosperous cities and
communities, but such is not Tie
case. We send every year some ol
| our best citizens to tho large cities,
who walk right into the very jaws Of
high taxes and are more prosperous
there than when here 1t is thi'
stream from small towns and the
country that builds up the large
cities, .tc'H EaF ia. a5.Hraei1. 9,.
Remember these points: a..
We may reasonable expect lowe
county and State taxes. '-sl9
/. The city rate of taxation need not b
, increased in order TO handle the bont
lioolSths .fLft. d.
The city charter does not allow
higher rate of taxation than two pc
cent. OH property, nor'more than on
q hundred thousand dollars in bond
g out at one time. ,.r.- ,s,J..
r fthe schools are established popu
, Iation and business will increase s
: as to necessitate IN tho course 9
', lime water works and another rail
: road. -s,9 rt,, ...ttI .m. i,
Undef this system of schools ther
I win be an annual saving to The tow
!. OF at least ten thousand dollars. =
/. There is but one law authorizing
i system of Public Schools in Hopkin'
: vile. 1t is no experiment, but
Z modelled after the laws in successf'
operation In Louisville, Henderso
O and Owensborosl oluolt .bt.a .5IOj
ri If this school system, is defeate
: November lst you may never hav
g another opportunity Of voting on
3 system of Public Schools for Hol
h kinsville. Respectfully, omfl aIl
n jr1 JAMES A. WALLACE.