The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1908-12-28
TAKES TIE STAR TO TASK FOR
IT'S POSITION THEREON.

~Edltor star We have fought to-
rs<Aeg o. 80 many good uEnss feF
n Fights ~ che people ~ Seattle
tAa3 II secs a9alnak the grain 90
Ent TIE star the only new spa per
4 SEATTLE advocating he raukcst
tossd upeE ear PeoNle-she ssfa,poV
hess 81 general munieipsl bonds.
l1slndinK the tt8s.9s8 u reNradg aa-
Nssmpnts ~ s. very evident that
- proper admiration o. CITY hrEi-
EssF thomson has carried The star
nanss ard arguments A. from an
fFasls This 10 complimentary
hsssker 70 Tha star nor 20 At Ihom-
ian. who l am sure has no deairs
= eosa tn any such capacity In
Knm0n with other citr officials
Ms Simply stFiving wlta nis usaa5
kspse 4 doa6ifni ssnd Issue ~aieh
d etty council has authorized and
fgAuittea Until TIE star catered
t4 lisfs for tha reEraAe general
tands I had rot observed that they
nj any support except from citF Of
HtAiN and employees who desire TO
rsna TIRE peoples money. from con-
FaetorA wAp Nish 60 receive il and
frpm the property owners WMh eN.
pet e. profit - Grading their 3uaf
itsestmeats These three classes
~ iuteFestsd citixena with their
sarfeeH Business Mn8 political ramt-
peafions constitute . very lgstinct
11sh ~ uJIf for the general
tsnssigai bonds "A high aogHhinx
f4Feasiau % Disguise ard dignity
- feNrnde assessments me star
b eat IL place In this combination
ksif riutefeat seeking profit az
1ztiie expense.
Question 81 Reputation.
~Yea refer e Il as a Question o.
fspatAginn IN fouy edifafial - yes
hrHaY Il b. The QUESTION ~ fnpu-
hilton which IS involved IL whether
~ people % seattle wiii brand
&an1slVea a. easg MARKS - as
fsmlng sass eoe of Improvement as
tsssmenta % proDertt-oF who
are being bensfittsd millions b re-
grades which they forced upon the
Etf " their own pstitious And IN
BE same official breath that me
saorie are asked TO ASSUME this
Fase q privats debt. - are assured
Dat ire esfy atii expects 90 collect
rest 81 it, Would not ordinary
1ofse sense suggest that she city
NfHt exhaust every means cf CON-
rsilIng those who Tiwatfuiig owe
hes asaessmeata 20 pay them and
Mns reduce the amoWnt ~ Art.
kite rIinfmum before asking the
taopIe Is make good for tH9ae who
Bay prove lelinaueut~~'w elehere On
uslE pwn pefitionf
Afhe familiar srare-crogF Protect
~ fitgs credit - bNiuE worked
eFert1me ID this bond campaign. The
FIr's credit does need protection
ksn IT, official protectors and its
Ygald be beneficiaries, the reNrade
uH-aodr - ard the rcErade com
taksors Tie Way to maintaiu Sc
tilss'a credit - ~ insisting that pub I.
" resources and fauds be- applied
~ public purposes only not per-
niited 90 De plundsred Tor private
gsefit
Asked 70 Cover Risk.
'There ~ neither any real nor
tfAnleal threat a. TIE credit - TO-
al Improvement necuritlHs by the
isfazai of the people 10 assume this
faErsde debt Every local improve
rNnf bond on warrant bears upon
3 e distinct statement ~ Sc secur -
81 epon The district specially bene :
gttad end that Il e not a general
fsliEation 81 the city 81 Seattle Be
@ass 81 this distinctly limited se-
purity, these bonds and variant
tskf g ~ 3 per cent interest and
- psusliY aoid ~ the contraetors.
lAsF make 40 for this by higher
ffiee hid far the werk This has
t'eFfNsnf securities iu thia cifB rs
teeauHe there nra some riHk4 and
'4AIaiiiflea 20 delay Involved and
~ security is thus limited. that the
Ptspis are charged a higher Interest.
~ hlgheF aasesameufH are made 20
.tfeF prices raised 10 offset rnutfac-
VIZ discounts. Now. when "a slight
Ea4pw ~ risk seems % material
tf. and some delay ln arranging
~ asff 7ment seems probable. We
~ asheH 20 Immediately cover the
~ and prevent the possibility ~
fsIey in collecting nsaeHsWuntH or
a-a4ss FFueula ~ aging them a.
We from putlfn funds The eitys
VIHailDn Dr. 20 uga due diligence
~ eNhaHFt every possible means
v e0iiecf the aaasssnenta~ no mere
lass ana IN those means fab the
t.At Improvement bond -holdef has
~ alfecf recourse upon the property
tsnefitfnd The fact that the city
~ hafetoforo. after The lapse 81
EsfF years and proven inability 70
filaet, paid certain OLD Improvement
.I.ibaHeueies is an added argument