Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1895-07-10

were legally ahNiaed mat II, AFTER July w.
1896 they shipped goods to an agent In
Texas with Instructions to soll at certain
figures they would render themselves liable
to a ton years term in the penltentary for
a newly defined ofensc In the way OF trusts.
1.-THE question OF the consttutonnlity OF
tho ordnance will be tested In the courts, and
is too large an issue to be discussed on
hand. 1t Is believed that In some respects
the new law snterforcs with Interstate COM
morce, and the present intention is to raise
the issue before the Federal courts
Mossrs. C. W. Rosenberger & &C. brokers
OF Vol street, have a reply In tho F''aiflal
Record to the inaccurate statements touch
ing the condition OF the Texas state treas
ury that have found their way Into the
Eastern press We reprint II:
N you will permit us, we should like
to use your valuable journal To- correct I'M
prCBslons as 10 the true condition Oh the
state treasury Of Texas:
Certain statements have been published
here In tho East TO the eject mat the treas
ury is broke We have frequently been
asked to explain the true condition. which we
these: There Is fund known as the per
manent school fund which owns the fol-
lowing desirable securities: ~.
State Of Texas bonds ............s2. l92 g ll %
Texas county bonds .,.............. 3,6ol 100 b2
Texas land notes ................. IL wy wv ~
Cash ''.'''''.'''.''''''.'''''. z'e'W'o'''
Making total OF ...........,.,S2i,s6 5, 20iji
"Besldrs the above. the same fund owns
20,00o000 acres Of land, valued by law at
cash in the treasury to the credit Of various
funds 10 the sum Of $3.50 22,2i Bear In mind
tho entlrc debt Of Texas Is only sJ,s92,hiO,
and all but $3.50. 900 IL owned by the "pormg-
mont school" and other funds.
THE above figures are official. and IN
view Of such facts. u would hardly appear
as II the Lone Star State was broke, and,
Of course no one after seeing the above
figures will entertain such ridiculous idea.
Texas can boast Of having the richest
school fund Of any state In the Union. and
there Is no state where general conditions
are improving 90 rapidly ns thore.
This so-called deficiency which Is In
tho shape OF warrants, is Insignificant, and
purely local matter. Their tax rate has
tho 800. and owing 10 the stringent iimoa
during tho past few years. they have not
been able TO collect all taxes promptly as
they became due"
Thls,lcs. In Now York M6ranr
journal. Tint bond syndicate Il
| going to Sc felt In both national convon
tons next time Thcy are going to say VIII,
| Ia who, you bot. Need net thlnk they ar,
going TO give up nice pasture like III,
one they now have without a fight. Tha
| syndicate can raise 5000 900 for either con
vcntion. or both-put any man In nomlna
tlon. The only thing that Will keep then
out Will be their fcars. They are wllliul
to do It. but may not have the nerve whci
the thing comos on. Just think Of 5000.
900 In u national conventionl Why. | be
Hove even the BOSTON Herald would ADM
that it would play some part, OF eoura,
II could not buy any part OF the Massa
ohusetts delegation, hut think what mum
ber Of fine books that would buy for N
literary ducks from Boston, and they coul
be kept busy reading while tho voting wa
going on. Might not be able to pull thel
clean over but you could silonCo them"
The Texas state fair, after nine years
progressive and successful management
has come 10 be regarded throughout Il
state as conspicuous and essential Zen
IRE OF it, yearly history. 1t was a tu
NJ large magnitude 10 develop an auuu
exposition that would nifty represent Il
products aud the resources Of mn empI
such as Texas and ut the same time pi
vide on an equal scale for the eutertal
ment OF visitors, Il may justly be regnt
! Ell MS one OF tuN nlNNN l'ihhlhhhlF h'hl'''
mcnts Of public enterprise that the sta
{ fair has not only far outgrown Its origin
, plans. hut that In period Of uniScr'
depression It has ontstrippcd all similar
tprpriscs IN the country In the scope NJ
/ organization aud In tue success Of It's emit
= tninments. TOO much praise cannot
= accorded the public spirited citizens
: Dallas for tho pluck and llhcruliiy II
I have exhibited In this muttcr. Thanks
I them. at no time has the world been wi
+ out substantial reminder OF the opport
Il tiles that Texas offers TO the capita
d and the hoinoscckcr
= The announcement Of the coming m'
I Ing OF the fair, which Will run from
d tobnr 10 10 November =, gives nssurn
IT that the high standard OF previous ye
II VIII not Gully be maintained, hut that,
a usual, there will be long forward m,
n mcnt. The chief executive officers for
u present year are NJ. j. n, rrezeyant. pr
y dent, aud Mr.. G. A. Cour. secretary. wi
X an ample guaranty Of another great
SO oess. for the enterprise this fall. E'
ry community In Texas has a chance to II
u the immediate benefits OF this great
a dertaking aud It would be happy
ed summation II all We're in evidence Il
at when the gates are next thrown opei
'oO the public,