The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1908-12-21
DRENNINC FUMES.
Says Present City Council Is
Practically Brainless."
Because 1t Does Not Agree With
His Bond Scheme.
GO AS 1T STARTED.
Issue Will Run 90 Years at Four
and a Half Per Cent.
An Adjourned Meeting of the
Council Tonight.
GO AS 1T STARTED.

An Adjourned Meeting of the
Council Tonight.
The new bond proposition suggested
by City Attorney Dreaming not long ago
has fallen through The plan of the
city attorney was to pay off the new
$4,000 bonds recently authorized with
in the next ten years and thus save the
interest that piles up every year.
The matter has never received the
consideration of the council and never
will. Councilman Jordan was radically
in favor of the matter and intended to
bring it up before the council but he
has been disappointed by the recent re-
port of the city treasurer and the nom
support of his fellow councilmen. Coun-
Gilman Stanley was also in favor of the
bond issue suggested by the city attor-
ney but he received the same reception
as Mr.. Jordan.
Naturally, there are two sides to the
question-one that the immediate pay
ment of the $4,000 bonds will make the
interests of the city more business
like and decrease the interest payments
on the electric light plant. The other
that the city has thousands of dollars
of outstanding bonds at the present
time and they are running at higher
rate of interest. The city would save
money by paying off the older bonds.
The city attorney says that if the
bonds of the new electric light plant are
allowed to run for 20 years the plant
will in reality cost $4,000 instead, of
$4,000 on account of the rate on inter-
est. Mr.. Dreaming is right in one re-
spect but his theory should be broad
ened. If Jim Dumps bought COW for
$50 and did not pay for it until the in
terest had necessitated deposit of SIS
before the COW was his, it is not
sign that the COW had increased in
value. The COW has really decreased
in value. The pedigree of the animal
would not be favored by the statement
that she had cost the owner SIS when
she was on the market for $50 cleo
trio light plant will cost $4,000 wheth-
er it is paid for tomorrow night or in
20 years. This argument does not~hold
very much water.
Brainless Says Dreaming.
When seen by a State journal repor-
ter this morning Mr.. Dreaming was dis
council in passing over. his proposition.
He said:
1.-The present city council is practical-
ly brainless. They viii spend days and
nights fighting oveS@a Slittle old street
naming propoSitiCcn and when it comes
to paying $4,000 they will turn up their
noses and pass it by. They don't pay
enough attention to the real vital is
sues OF the city
There is undoubtedly a little differ
ence of opinion between the city coun
ell and their legal advisor. Mr.. Dren-
ming said that he has given up trying
to tell them of the necessities of the
city and decided that he would let them
take their own course and see where
they would end.
Mayor Green is against the ten-year
payment as supported by the city at
torney. He said this morning that the
nQnnlP
a few years ago when he and Council
man Horn suggested an increase of 1
mill in the taxes. The purpose of this
raise was to meet the oncoming bonds
of the city and put into the regular
sinking fund. The mayor was optimis-
tic as to the outcome of the bonds. He
said that at the present time the city
by a slight assessment can meet the
1910 bonds and pay off part of them.
It is the plan of the city to pay as
much of the bonds as possible when
they come due and refund the remain
ing amounts. In this manner, after an
extra levy or so. the city will be able
to pay off all of the outstanding bonds
1t would be impossible to pay off the
bonds at this time. The city could not
do it under the provisions of the law.
But they are required to pay a certain
amount-enough to meet the bonds in
a few years and pay enough of them
to cut down the yearly drain.
However the bonds have been sent
necessary arrangements have been
made to issue them in due form. In
other words the city has issued $4O,-
900 worth of bonds to construct a new
electric light plant and at rate of
43@ per cent for 20 years. If there
is a loss on account of refunding or
otherwise it is in accordance with the
custom of the city and nothing can
change them
An adjourned meeting of the city
council is scheduled for tonight at 1880.
There is considerable business left over
from the last meeting together with the
new business and the reports of four
important committees. The street nam
ing question comes up again and it is
the fondest hopes of the cOuncilmen
that this will be the final appearance
of the useless fight. They have decided
that if the people of the city of Topeka
do not want the names of their streets
changed and if they desire to enjoy the
unlimited and diSagreeable tangle, it is
up to them. It is unnecessary to say
that the people in the city as a whole
are DESTROYS of changing the names
and Strengthening the atngle. But the
people who desire this, stay at home
and sit around their fireplaces while
the kickers go to council meeting and
influence the gallery speakers" and
others who have no vital interest.
A good example of the fight the peo-
pie in the southwest part of the city
are putting up Is an lHStdice lldl hoP
pened in the mayors office this morn
ing. A resident of the ever trouble
some Douthitt avenue came in the Of
flee a ndcommenced talking about the
street naming question as it looked to
the people living out there.
by the way, Mr.. Mayor" he sara
what is the idea in changing the
names of those streets?"
Mayor Green explained that it was
for the purpose of extending the cut
off streets and making the system legl
BILE to people who had something else TO
do besides live there He told the resi-
dent that it was was for the good OF
+t,o oi+v that Fifteenth ana Sixteenth