The silver blade. (Rathdrum, Idaho) 1895-1903, 1900-09-01
WHY TAKES ARE HIGH.

publicans OF this county rely with
confidence. 1t is less than two
years since the last OF their officials
were retired from Office, leaving
unsavory records, to say the least,
and now they would appear before
the people in the light OF reformers.
But the records are against them.
For fourteen years the republicans
have had uninterrupted control OF
the auditor and recorders office.
This is the principal Office OF the
county, for it carries with it clerk
Of the district court and clerk OF
the board of county commissioners.
All other Offices are but mere sat
elites revolving around luminous
body.
For years that official was the
purchasing agent fer the county.
All supplies for other Offices came
through his hands. If economy in
county affairs was to be practiced
at all it must be practiced in that
Office. With this official drawing
$1,000 a year salary, and $3,o
a year more going for deputy hire
in the Office, with all fees received
for making abstracts, certified
copies Of instruments and acknowl
edgments going into his pocket
never to be accounted for, with
large bills contracted every quarter
as purchasing agent to be paid,
could it be possible for the county
to meet its obligations? The
county records tell the results.
The funds Of the county were con-
stantly running behind and bonds
were issued which have not yet
been paid. The records in the
auditors and treasurer's Office are
positive proof that bonds to the
extent of SIP, 900 were issued on
June II, 1887, numbered from
to IL inclusive, for s. 900 each,
rate of interest 7 per cent, payable
semi.annually at the Chemical
National Bank OF New York City.
Two years later another issue oil
S6,o were foated, bearing 8 per
cent. interest, payable semi annu-
ally at the Chemical National Bank
of New York city. Four years
later, on May 2, 1892, bonds to the
extent of $50, 200 we're issued, rate
Of interest, 6 per cent, payable
semi annually at the banking house
Of kountze Brothers of New York
city, principal payable as follows
One-tenth or 80, 900. due on May
z, 1902, and one tenth of the re.
mainder, or 81, 200, on May and o.
each year thereafter until all are
paid.
In four years more Of republican
rule the county funds were ex.
hausted and another bond issue
was necessary. In 1896 the las,
issue of forty-nine bonds of ST.
was made. These bonds beal
6 per cent. interest, which is pay.
able semi-annually at the Office Of
the New York Security and Trus,
Company of New York City. The
principal is payable as follows
$500 on January 1, 1906, and
S, 900 each year thereafter until
January Ist, 1915, when the las,
payment OF "a, 900 Will tall due.
The banks through which this
money is paid receive a commits
sion Of one-fourth o. per cent
1t does not require an expert te
figure simple interest and commits
sion. In this table will be foane
the amounts the county will be
compelled to pay annually unit
the year 1915, when the last Of thi:
debt will be paid:
Fur the year 1900
PRINCIPAL. Observation-Disclosures. S l6Oo q
iHVfe0s.. 6s6l4
COmniSslets ........--...... 2b
For the year 1891
rrihclp6l. $500 y A6uo
Interest. 1896 n
SOmmSslon -s-.. ..--.....4...-.. $500 y