The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1904-09-01

| che county as commission on the deal,
and the state lost $4,000.
| Second, a Topeka bond firm declares
that these Comanche county bonds
were a drug on the market. and could
have been bought at 80 cents on the
dollar. even when they bore per cent
| interest. They were worth much less
when the interest was reduced to II
per cent The Journal asks why the
state bought them at par.
Third, the Journals article disclosed
the fact that the state school fund
| already owns a lot of Comanche coun-
ty bonds which have been due for
eight years. and Comanche county is
unable to pay them.
Fourth. in order to make the bonds
which Coleman. Burrow and Dayhon
bought legal it was necessary for the
state board of equalization to arbi-
trarily increase the valuation of CO.
manche county from 100000, as re-
turned by the assessors to over a mill
lion, in order that Comanche county
might have the necessary valuation
upon which a $4,000 bond issue
may be bought for the school fund.
The State Journal prophesies that the
libel suit is brought by Coleman, Bur-
row and Dayhoff merely as bluff
to quiet talk until after election
We do not know whether any mali
cious motives governed Mr.. MacLen-
nan, as charged by Messrs. Coleman,
Burrow and Dayhoff. but every bust
ness man in Kansas who will take
that the Comanche county bond deal
is indefensible from financial stand
point
Let us put it this way. Surprising
Mr.. Coleman or Mr.. Burrow or Mr..
Dayhoff were administrator for family
of children VINO had been left $123. 600
in cash, to be invested for them in first
class securities as a safeguard against
these gentlemen, having a proper re-
gard for the sacred character of such
a trust go out and buy Comanche coun-
ty bonds, drawing Az per cent interest
county already owes over 500, 900 which
she cannot pay; in the face of the fact
that she only has 1000 people; in the
face of the fact that her valuation as
by her own assessors is only
$500, 900; and in the face of the fact that
the same week Topeka improvement
bonds could have been bought, bearing
5 per cent interest.
Furthermore would either of these
men acting as administrator for these
children have made their transactions
with bond agent. who was getting a
commission of $4,000 for selling the
bonds? These men who compose the
school fund commission are admins
traitors for a sacred fund, fund for
the school children of Kansas; that
they should have been so remiSS in
their sense of duty as to speculate in |
1923, 900 Comanche county bonds is !
fact and the fact itself will be hard |
to justify.
The Leavenworth Times says:
Burrow, Dayhoff and Coleman must |
bear in mind this fact: The lodging
tactics which they have adopted will |
serve only to increase the suspicion |
that has attached to them. A great |
many Republicans rather than support
A candidate whose practices are under
question will scratch their ticket. Vo-
-ers are generally slow to attach sig
lificance to charges that are of uncer
ain origin and plainly circulated to
secure unfair advantage but the Co
nanche county bond matter is differ
INT matter. The charges are apparent
Y well authenticated.
Let's have go end to this lodging,
both on the part of the state officials
Who have been charged with corrup-
ion and on the part Of the officers who
ire authorized to set the inquiry on
DOT.
Let's know the truth and all the
ruth.