The oasis., 1900-11-03


 down wItu debt. So Smlth and Baker said. Smith said had ne done so in
 famous thing, during his own con eressional career. he would not have dared tn have returned to Arizona aud face his outraged constltuency-or wurds to that effect. To have done
 that he would have had JO have got d move upon himself Applause and laughter
 "Nuw, am pretty we'll posted upon the history If the various issues of bonds by counties in aid uf railroads decided difference between them. In the legal contest with regard to the Pima county bonds, voted and issued
 to aid construction uf d railway from Tucson t,, Globe, which was never bui t. l was the attorney employed to represent the p ,ople in contesting the validity uf thnse bonds The district court, the supreme court at Phoenix, the suprem, court of the United States. each in it's turc, all heid that the Pima c.,unty bunds were null and vnid-ihat bv the organic act the leg islaiure nf Arizona was prohibited authorizing such is-ues of hnnds. That was the position l took, and the fool court took the same position.
 "Now, the people of Yavapai coun- ty Tad contracted in .ood faith, tn issue d capitali>t a certain amount of bonds. if he would construct railway from the Atlantic N Pacific railway tn Prescott. And they had pledged their sacred tru-t that if h. would ac- cept their b,nds and build the rail- road, thev would use every influence in their power 60 maintain the valid ity of their bonds The contract was entered into in good faith upon both sides The road was built. Prescott enjoyed Its benefits and the bonds were issued and sold to neeple in the east who exchanged for them the money necessary to liQnidate the debt incurred in it's construction. About the same time the people of Maricopa county living in the Salt river valley conceived that they needed road to connect Phoenix and Tempe with the Southern Pacific. They had the finest country in the world, with plenty of water to irrigate the most bountiful soil Nature has spread anywhere Out of doors, which produces abundantly the finest peaches, plums, oranges and alfalfa. but which were Lot worth te n cents a carload without a railroad to ship them out. So they said to an Masten, build us the railroad and we will give yon the bonds of our county And furthermore, we will guarantee the validity of those bonds The | legislature authorized the issue of these ponds in both eases. and in good faith Mr. Masten built the Marcnpa & Phoenix railway and took the | bonds And MT. Bullock took the Yavapai bDnds and built the other road.
 "Rut the decision of the supreme court in the Pima county bond case appied to the bonds issued by Yava. pai and Maricopa counties, just as well as to those issued hy Pima | county. They were prohibited by the organic act. ard the supreme court of the United States said they were void Now. law-abiding people believe in keeping contracts TAD plausel And the people of MaricoDa and Yavapai counties had contracted to maintain the validity of those bonds They had received the benefit of the railroads to aid which the bonds were voted, and they proposed to dis charge their part of the sacred oblIg- ation. fApplausel Expeditions were pranared to the board of supervisors of hnth cnuntias-thev were as long as arrnss the street. aud street a good deal wider than the streets in No gales-they were as lODg as across Judue Rakpr's hrain mower were that as hig as he thioks it is-to have those two bodies petition the legi Ia. ture to memnrialjze congress to yalid- ate the two issues of bonds by Mari Fcnna and Yavapai counties. So the boards of supervisors of those two counties petitioned the legislature. and tho Legislature memoralzed con. gross and congress validated the bonds,