The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1895-12-19

which the state of Idaho was admit
e ted to the Union, while the first step
t taken by county commissioners to-
r wards bonding the county was on
the 18th day of July of that year,
when it was ordered that coupon
bonds of the county be issued to the
amount of $40, 600 for the purpose
, of redeeming and paying all out
standing county warrants issued sub
sequent to July Both, 1886.
On that day the Board made the
following order of Adjournment
That the Board now adjourn to meet on
July %, TO receive aud consider the gov
ernOr's proclamation and to order an cleo
ton in accordance Herewith.
No other or further business was
mentioned in the order, to be trans
acted at the adjourned meeting, than
that of hearing and considering the
governors message, etc.
On July %, 1890, the Board met
as per its order of adjournment, when
the governors message was received
and considered, and the election was
ordered in conformity Herewith, after
which it made the following order of
adjournment.
That the Board now adjourn until Au-
gust 9th, 1890. to make arrangements
concerning Weiser Slough bridge, and to
receive and consider bids for bonds, or
dered issued, and to attend 10 matt, rs con-
corning the erection of courthouse, then
in course Of construction.
1t will be seen by the foregoing
that the Board did not stop with the
work laid out for itself by the order
made in regular session, but went be-
yond the order, and at special SEES
sion, adjourned to another special
session, when the bond question would
be taken up.
On August 9th the Board met
pursuant to its order of adjournment
of July 18th, when it proceeded to
consider bids for bonds ordered is
sued on July 28th, 1896.
The minutes show that G. w. Moore
offered to take $40, 900 of the bonds
at eight per cent
Messrs. Baeir & Co, of New York
city, offered to take the whole issue
at seven per cent and pay 1915 pre-
MUM.
b W. Warrington offered to take
the whole issue at par mo premium
offered.
The order of the Board was:
1t appearing to the Board that the bid
OF Is w. Wellington is the best and most
satisfactory, therefore it is ordered that
The bonds to The said amount of $40, 600, !,
be sold to saidB W. Warrington at par
and to draw interest at the rate of seven
per cent per annum payable semi-annu-
ally. principal and interest payable in
New York city. The money from the
sale Of said bonds to be del vered to the
treasurer of the county at Weiser.
The Board for some reason consid-
cred that it was worth 1915 more to
have Mr.. Warrington to take the
bonds than for the Messrs. Baeir & |
Co. to have them, 50 they sold to
Mr.. Warrington, Of the late l. G. |
Co, who in turn sold them to an
eastern concern, no doubt ut hand
some premium
You may claim that to refuse the
payment of these bonds, or semi an
nual. lnstallments of interest, would |
be reputation. There would be no
reputation in such course. The
bonds were issued and sold indirect
conflict with the plain terms of the
constitution, and it was the duty of
the purchasers to know, and they
doubtless did know it; but as the
bonds drew such liberal interest. and |
these Shylocks had been in the habit
of riding rough shod over the rights
and interests of the west, they con
cluded to take them, whether legallY
issued or not, and that we would be
fools enough to pay them when due,
as well as the semi-annual stipends
of interest
These fellows who hold this paper
belong to class who, ever since the
N'N'N VI 'iN i'pclllOl, nave Dttn I'M
ceasing in their efforts to saddle debts
on the people, counties and states of
the west. They have manipulated
politics and legislation in manner
that has violated the spirit and inter
est of the United States Constitution.
in the decentralization of silver, an
act of legalized rascality shat has
paralized our industries and made it
necessary to have outstanding bonds.
But for this discrimination against
silver our county and our people
would be free from debt, there would
be money in the treasury and taxes
would be at the minimum.
You may argue that the bond pur
chasers paid their cash into the treas
ury for the bonds, and that they
ought to have it back with interest
To this would answer Did they
not, by their rascally methods. filch
that money from us in the first place.
and was it not our own money they
were paying for the bonds?
| trust that when you are called on.
in a few days from now, for the
= Am oap,s annual