Los Angeles herald., 1890-09-15

1t will be seen the amount of bonds
81 ,672 200 have been actually sold. OF
this sum $4,000 in bonds were eX-
changed for water and water rights at
par, and the sum OF 81, ,112,O00 in bonds
was sold for cash at prices ranging from
80 to 96 cents on the dollar. Four dis
tricts out of the twelve have sold no
bonds. The bonds voted by these dis
t1icts amount to $l,975,0 900. The other
eight districts have voted bonds to the
extent of $3,9S5, 900.
The resolutions as adopted by the
convention, and only partially reported
by telegraph, are considered OF so i'm
portant character that they are given
herewith in full.
WHEREAS, The people of the state of
California have won a valuable victory
over all opposition in securing the enact
ment by the legislature of the Wright
irrigation district law; and
WHEREAS, The supreme court of the
state has, after careful hearing of the
case in which the enemies of irrigation
vigorously assailed the constitutionality
of the act, declared said law in conform
itv with the organic law of the state ;
and
WHEREAS, The officers of eight irri-
cation districts which voted bonds to
the extent of 81, ,9S5 900 have succeeded
in finding market for nearly half OF
their issue, to-wit 81 1872, 900, selling
bonds for cash for 80 and 96 cents on the
dollar of their par value-doing this
in the face OF bitter opposition worthy
of better cause, in which all manner of
misrepresentation were industriously
circulated among capitalists by paid at
torneys who were actuated more by
greed than by desire to do justice to
the people and who did not stop at
honorable means to accomplish their
ends and
WHEREAS, The enemies of irrigation
districts are still using money freely to
defeat that law, not only in the courts
but by threatened appeal to the next
legislature and
WHEREAS, We firmly believe that
the salvation of the state and the best
interests of our people demand that the
Wright law should be sustained and
perfected; and
WHEREAS, A united and determined
action on the part of the friends OF irri-
gationis absolutely essential at the pre-
sent time therefore,
Resolved, That the thanks of the
people of the state are due and they are
last two legislatures, who, under the
leadership of Hon. G. G. Wright of
Stanislaus county, gave the people a
law known as the Wright Irrigation
District lava law which if properly
administered will convert millions of
acres of California's arid wastes into
gardens OF beauty and orchards and
VINEYARDS of wealth full of happy homes
and churches and schools;
Resolved, That the people have con-
fidence in the Supreme court which has
stood by the irrigation laws in the face
of such bitter attacks, declaring them
to be right and just and in conformity
to the constitution OF the state.
Resolved, That we firmly believe that
the financial success of irrigation bonds
is now assured, and that we congratu-
late the people on the fact that monied
men are now seeking these bonds as a
safe investment, as they have their
foundation in the homes OF the people
and are not jeopardized by strikes, rail
road wars, or other matters incidental
to railroad bond investments.
Resolved, That we can look with
compacency on the ungent!emanly and
malicious attacks made on irrigation
districts by paid attorneys, as their
attacks are now becoming harmless and
the right is sure to prevail.
Resolved, That as citizens OF Cali
fornia, deeply interested in the question
sof irrigation and believing as we 90 In
the, system OF irrigation as provided 1oi
in the act known as the Wright law, we
pledge ourselves to each other that we
will, regardless OF political afhliations
support no man for office who is moi
known to be unaualifedly in favor O