Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1904-06-08

incompetent and apparently dishonest,
with the result that the tax rate i'm.
posed upon the properly owners Of tlle
territory " practically ~prchibitiye,
and makes the bringing of new cap
ital for the development Of natural re.
sources extremely difficult ana aImoat
impossible. II the years 70 come are
To bring the steady increase In the ter.
isiioriai Tux rate OF tho past seven
years. tho property OF tho fsx payers
OF New Mexico Is practically .~yaiuelens.
and must finally be confiscated for
tho payment of the burdens OF the
territorial g~oytrnnieht. The majority
OF the taxpayers of the territory would
be willing to walt for statehood until
single statehood could be obtained u
not for The necessity Of ! change In
me administration Of the affairs Of
this territory. There can be no denial
OF the increase in tho lax rate. and
the only question for argument is 1.-THE
honesty u purpose Of those respon-
sIblc for Il" aask ana
II would seem, that t1 pAst two
years New Mexico has been sufficient,
" m~allgped. misrepresentsd and roast
al 70 o brown finish BY the eastern
ptess ". satisfy gwen The. ,most Ytrsnu.
Uhs knocker, but OF ell untrpthEpl,
m~isleadIpF ana. vicious AEtislsA that
have found their way into print 81
above from a local dqmocratic para
" ". tc the Iimit. ss,inM xt.at
i brief review, Of financial a{fRtfa 81
TIE territory for the past ninessfn
years, and d few comparisons. viii
show 10 what extent the attempt V
crafty personal and partisan spite
YIN carry individuals, g ven ~ sour
friends the enemy, who Ia couveni.
tion assembled 1T Silver city, on The
18th o. April passed among their ressos
Iations the following.
We d%enounce the republican terri.
torial administration foi its corrupt
e~xtravagance 10 more sth1n sdosshling
The burdens OF the government on the
people. In taxes. without any pretencc
mt giving corresponding benefits and
we charge that the present republican
administration IN this territory by its
corrupt and e%straypgant a~ppropria.
lions Of public funds and BY It's general
conduct, viewed as a whole, Is the
least cpmmendahle, 81 my this terri
tory has had IN man yearBp
The administration OF GoyernorI
Ross, which, q still fresh III The mept
DRY of taS payers, was anything but q
financial success. p one year after
his appointment the territory was ip|
financial straits and The legislature of|
1881 passed m act authorizing the isl
sue pf certain expense bonds, under
which act IN May, 1887. 100000 in|
bonds were issued and sold. SKI
months later in November, 1887, AM
additional issue Of $4,000 became nee
essary and six months later s.ill an
Other 100000 were issued and sold. py]
the lime that the lesislatuFe conyepsa|
agalp n 1889. the treasury under thls]
excellent democratic administrator,
was again In the hole and the legisl
Iature once more afforded Il relief byl
authorizing the Issue " provisional III
d%ebtcdness bonds. All d result. in Mayl
1889. o year after the last Of the
sito,0oo OF current sxpfaaa bonds had
been isslei, siqo, 900 provisional ~,
debtedness bonds we're issued mad
sold, and SIX months later another Isr
v 81 800, 900 . required. makipHI
only $4,000 Of 6 per cent expense
fbonds issued during one democratic ad
ADMINISTRATION % pay running. expenses.
and this In addition 70 The REGULAR
levy for territorial general purposes.
which was also ecaIecied and yprN
In 1899 under che administration OF
Governor Prince 500. 500 s ,psr gnl
cashhI deitfh boAdzy wsrc issSedt ana
sold. 70 pay deficiencies iscurred lnl
1890 and 1891.
Under tbs administration Of Covert
nor Thornton no expense bonds werel
issued. although, Il became ~necessar;
TO, borrow t2e,Do9 70 meet current mi
terest coupons, but . deficiency 81
si22, 1900 a repiinder 81 democratic,
fInapcIai aAsbiilty3Sa LEFT for the al
mipislratiap o. Governor oterq 70 care,
for and. pay. apA tbis, was proyided
for BY tRe legislature q 1899. author
izInS the issue Of certificates o. -