The Oakes times. [volume] (Oakes, N.D.) 1906-current, 1910-05-19
THE BOND LSSUE---
PRO AND ANTI

PKl
For the Bonds
Editor 0akes Times: I am glad I do
not have to earn a living by writing
but as bad as i hate To writeI will have
to take q whack at the extraordinary
article appearing in the Oakes Journas,
to be an editorial, but sound
ing more like the sentiment of some
banker or agent for some bond COM
pany daat wish to fool the people into
bonding for more than is necessary.
Nov let US look at the argument put
forth in said article.
FIRST, eff the bond issue for $50, 900
carries, every taxpayer in the county
wal have burden to carry for the
next ten, years. If we are to have a
new court house soon the county should
not be bonded for less than $10O, 900 to;
nun for twenty-five years"
Now let,us look into that statement
and see how it works out.
A s5DyD0O bond means R25O interest
per year for ten years, $22, 800. Now
,if that is "a burden what about the
500, coo for twenty-fYe,ayear
Interest on SlO0, 900 'at q per cent is
81, 500 peryear or $ll2;5O0 in twenty
five years.
OF my, what light burden the
.Journal man declares the first propo-
<sitien to bond for $50, 900, using the
money: now available as being such a
burhen for the present taxpayers that he
wouldspay s45. .0oo interest in the next
ten years, in place oas$22, 500 ard still
lesaer the enormous sum of $67, ,alO to
pay. Say that is easy,isis it nots
In other words q eaan buys a ,team
.for&25O and tits q hardship to psy for
them but by payingss5O0 he can pay
ltfor, them. Oh, SO easy!
Now then, Mr.. Editor, this is a
straight business proposition to 1e:con-
sidered and acted on by the taxpayers
of this county. The commissioners
have had this conrt house proposition
under.consideratieGaffo for some tine and
havettried to, and II think saoceeded,
Esinvevolving plan whereby we have
q courthouse coumensurate With the
needs, and Dignity oof Dickey county,
Ewfthoatbe ! Eldeyous burde&to the
jtaxpe4sr. s.3s F9s. s,s
Nowtthen, Mr.. Taxpayer, it issmp to
you toj5udge which Of the TIVE pplans
tare:best. Issue hands for $50, ,s@ with
Ean interest bill e .$22.5O0 h er;aisissus
bonds for $500, ,0oow an interest. bip
tofa1l2;aOO and get no better rcourt
houae than we can !thave by the tfirst
Eplan.
Any onewho knows anything shout
the,eonaiGons must agree, land think il
isrpzettyxMell .agredk stoo,' thatwe must
lhaye.a coamt house n the near future
\ |,or we,wilE be- in such "a anix,,p in ease
of fire that all VII regret that the
not attedkled to,Mhen there
was time.
A Now;aboutathe fling.as to the. time, Ot
Eanlding .eleetisn. ''Mhy did not the
people, Of tEAleaslale, ifsthey are>so anx.
iaas ito oshave. the bond iasue carry, cal
the election in farvestiSf they feared
the farmas wosld oppose, the hnad is.
sue9' Now my,dear Journal mao. the
people of IEllendale had nothing what.
ever to do with; the calling. of the elec.
tioa.
| The date ,of the; alectionsvas fixed by
the commissioners, latter due consider.
alton of the farmers conuenience and
owing to the eearly season and to the
amount Of red tape to be complied with
by law, re fouxd that if anything was
to be done this year toward getting IN
foundatian for said court house We
| could not visit for the June election.
The people Of Eblendale had no more to
| do with the setting Of the date than
the people Of Oakes,, not one whit.
Politics did not enter into the Aues-
tian and it ought not to be allowed te
erect it's hydra head. This is a business
proposition, pure and simple, and ought
to be SO considered. Study this ques.
tion for yourself, Mr.. Taxpsyer, and
do not take the ''must not from an1
man.
\ This is not Russia! Vote for your
own best interests, and have no fea,
but that the bond issue, as called for by
the commissioners, after long and
thoughtful consideration, will carry.
Respectfully,
e. F. Stevens.
Chairman County Commissioners.
Oakes, Route 8. May 16.
4 PROGRESSIVE REPUBLICAN