The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1910-11-01

N"NHNN
be that be would consider II MORE
BUSINESS AND LESS POLITICS to
retain Tits public building fund in the
banks AZ nominal rate Of interest
and pay some private corporation eN-
tfagagant sums Tor maintQnine the
unfortunate But on AN these propo'
glfions we emphaiically differ from
Joe McNeal The Democratic stare
administration in the course OF three
years through It's legislature located
All the above new institutions. and il
MAY surprise Joe McNeal TO know that
practically all the Republican mem-
bcrs Of both the House and the Senate
voted IN favor Of locating and build
ina these new Institutions The five
hundred seyenty-four thousand dollars
public bulding money found Dy the
new state government In the Joe Nc
Neal string OF banks was drawn out
and invested in these new buildings.
The additional sum Of perhaps Two
hundred sixty thousand dollars Of rent
ais on public building lands since
statehood mas also gone into new
buildings and 10 cover the remand
er OF the cost OF an these new build
ings and grounds. the state authorized
the sale OF certain public building
lands and as these lands are sold
on long time payments the state auth
orized the issue and sale Of five per
cent public building warrants sum
cient TO cover fhe remainder Of the
cost Of public buildings AT the time
this authority was given by the legis-
lature they authorized a maximum Isl
sue OF building warrants " TWO mil
lion, twenty-five thousand dollars, but
the contract price of all these public
buildings shows us that the total
amount Of public building warrants
that win be issued is one million, two
hundred twenty-six thousand dollars
These warrants are not charge
against the state. they are not debt
for the tax payers TO pay. not one cent
OF them Il is stipulated in the war
rant itself that It's payment will be
made out OF the rentals or sale OF
public building lands.
tE UMUlfi UMAiNAAAh lNAANo n~t" AZ
praised at about four million -four hun
dred thousand dollars. but up to date
ane.third OF these lands hare been
sold al such an increase above the
appraised value that 10 is apparent
that the state win have total public
building fund Of nearly six million
dollars clearly indicating That after
All of the public building warrants is-
sued "a pay for the completion Of at
II the buildings heretofore provided
FOR are retired there win be \ surplus
in the public building fund Of AZ least
four and half million dollars or more
And as tho state win not likely need
mueh additional building for many
years 10 come this fund will prcsuce
an annual interest income large
enough 10 maintain an the public
buildings Of the state for years to
come without drawing upon the Drin-
cipal This is what we call more busi-
ness aud less politics. We can't say
uhat Joe McNcal would cali IL.
The people are entitled TO know the
great embarrassment their stale Off
GERS have labored under III financing
these public buildings AS from the day
the work started Mr McNeal's corpor
afion press bureau All Guthrie have
slandefed aud assailed the credit Of
Oklahoma every day in the year
Think 81 IT, reader. there was about
one and o,e.i0urth million dollars o.
public building warrants being issued
with land TO back them appraised at
over four million dollars and bringing
il about one hundred fifty Thousand
dollars year rent. thus making these
public building warrants a first class
security large Insurance company
ofthe east VAS considering the taking
~ The entire issue when the agent
wrote Us that owing 10 the statement
of the Guthrie State Capital in sub
stance that these public building war
rants We're Wild eat securities, not
worth Inc paper itcy were printed on,
that the board of trustees thought best
not to risk the investment Think of
a.. reader the McNeal crowd was will
ing 10 slander. destroy and efnharrass
their own state and then the word
came TO us that the great corporate
interests had agreed Than unless the
State Of Oklahoma would make con
eessions demanded BY them that they
would prevent our securing eastern
investment in these public building
warrants Is it possible thar embar
RAISING hinderine and delaying prog
ress in his own state IS what Mr. Nc
Neal means BY MORE BUSINESS
AND LESS PoLlTicsar We have
lahored day and night to build up the
necessary institutions 10 educate our
young. care for our unfortunate and
detsin and reform our prisoners. We
have don0 ihis ia the face Of this I'M
patriotic and contemplate slander and
We submit to every honest citizen OF
Oklahoma, regardless OF what his poll
ties may be. that we were entitled TO
the aid and cooperation OF every
other citizen and thar it is but natural
that We resent the policies of those