St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1904-11-05
VOTE IT DOWN

lug the proposed amendment to tn.
State Constitution, which provide.
for the issue Of million dollar,
worth " bonds for the purpose 81
erecting school houses, because w
were trying +, see il we could moi
persuade ourself to favor the amend.
ment, rs We dislike toS.and in the
wav Of ANYTHING that is favorable
to the ameliorst on of our public
schools or public facilities. We
have reached the conclusion, how
ever, that despite our zeal for the
welfare of our schools we can not
lerd cur supportetO the m,llion-dol.
lar bond scheme, and our advice tc
those whose minds waiver would be
'.Vote down the amendment. In
doing this you do not injure the
school "r school system, because
you take away only something tina,
was never had and therefore when
the amendment is defeated. as at
present seems probable, educational
facilities will still stand upon their
present high plane, with the ad-
vantage it will then be possible ia
devise some other plan for the i'm.
pr"vement of our school houses
and school facilities. Whereas, il
the amendment were adopted it
would for twenty-five years be re-
garded ss a milestone not only
around the neck of our public
echools, hut also around the necks
Of every citizen in the State
We know Of no hettet argumen.
against the amendment than that
advanced by tire Shreveport eau
cas,an. which says:
The Caucasian has ever been and
will continue to be y champion :. of
the public schools and Of public
education. bat it could not COM
mend this hlillion Dollar bond
scheme.
Because it would increase the
State debt. = million dollars, with
three quarters of million added
interest in twenty-five years.
Because while increasing the
State debt q million dollars it
would increase the assessment vain.
alton IN proportion to the amount
of the bonds, which are not taxa
BILE.
Because. being verv attractive
az security, banks and fiuancisl
institutions. IA Prof Aswell has well
said, would seek these bonds.
through which tbev will be ex-
empted from all taxation. State,
Parorhial and Municipal. drawing
semi annually three per cent when
money On snch collsterpl can be oh
ta,ned in the money markets at
fonr per cent
Because while the people are in
favor 1T reasonable legislation that
will improve the pnblic school svs-
ten Of the State the people are not
prepared to surrender the diaburse-
mcnt Of this money into the hands
Of men who. as the appointees of
the Governor would perhaps give
gre ,ter heed, to the suggestions. or
dictates Ut that official. regardless
ri the. pe"ple's wishes and believing
there should be 40 taxation with"n'
representation. the people the tax
PAYERS VIII" will enjov none ri the
benefits from this bond
issue, as the hanks and financing
institutions investin g in these bonds.
should resist every proposition
which has tendency to encourage
political oppression aa we'll az to
foster personal favoritism.
Because viewed practically. the
scheme is not proposition which
wnnld receive the approval ef .
prudent business man.
II the same principle we're applied
to his commercial affairs, and be-
cause is nndemncratic and is not
aimed go much. for the good and
the general welfare Of the public
schools "a it ia tn the Qualification
ut the political career 1T one man