Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1915-10-08
REPUBLICANS FAIL
TO FIX UP TICKET
Continued From Page One.

Continued From Page One.
row money; cities cannot. Private
corporations can sell their bonds be-
low par; cities cannot. Private cor
porations can pay commissions to sell
their bonds; cities cannot.
Now here we are, as your city rep
resentatives we have no money to
start with, as city can give no Sc
curity, can pay no commissions, can
not offer any inducements-all we
can pledge is the income from run
down plant. This is what you may
call mailing the city to cross, hands
and feet, and telling us to help our
selves.
Had Financed 1t Himself.
"You cannot run public business
like you can private business. We
have too many hypocritical laws. To
show you how this works: here last
April. when the jury in Tacoma told
us the city could have the water
plant for $88,5OO, got busy and. had
the financial part all arranged by the
city assuming the $4,000 first mort
gage bonds and the other $4,000
needed arranged to borrow on my
personal note and give it to the city
on warrant security. In this way we
could have saved 1O,O0O-differenc
in interest, delay, etc. But would the
lawyers let me do it? No. no! This
was too simple, under our laws. The
water company's lawyers plainly told
me that the moment I attempted to
finance it this way l would be en-
joined. because the city had no right
to mortgage, and if it had no right to
mortgage it had no right to assume
a mortgage, which is true.
when the city used to get saloon
and other license money to the extent
Of $14,5OO a year it was much easier
to finance the city than it will be
without this yearly revenue. On top
of this, the last legislature passed
laws that force the city to get along
with II mills, or on less than $4,000
year for all its running expenses.
This law also compels the city to levy
8h mills additional to the IL mills
to pay off old debts and interest on
the same.
ut used to take over $4,000 for
ordinary running expenses, instead of
less than $4,000. Under these cir
cumstances all city estimates and ex-
penditures had to be reduced to the
lowest possible limit. We used to
pay for light and power to the Olym-
pia Light & Power company $1,000
approximately year for services, but
in future less than half of this former
$1,000 price must light our city per
year, and light 1t as well as 1t ever
was lighted in the past, because we
have not the means to pay more. This
situation and the firm stand the pres
ent city administration is taking
about the paving of the Olympia
Light & Power company's street car
tracks on Fourth and Main streets
has caused great dislike on the part
of the Olympia Light & Power COM
pany against the present mayor and
city council, and the result of this
controversy is that the Olympia Light
& Power company has gone into &C
tive politics for the purpose of de-
feating the present mayor and coun-
Gil and electing men to fill their
places that will take orders from the
Olympia Light & Power company
after January 1. 1916.
Charges Political Plot.
1.-THE plans of the Olympia Light
& Power company in this political
campaign are as follows:
"First-They will put up their
'hand-picked men under the 'Citi-
zens' ticket in every ward and use
every effort to beat the regular ad-
ministration Citizen ticket candi-
dates at the primaries. Mr.. Otis is
their candidate in the Fifth ward and
Others are to follow in other wards.
"Second-The Olympia Light &
Power company will work the Repub-
lican party, and put up regular
hand ticket to defeat the present ad-
ministration at the regular election
in December, If their 'hand-picked
citizen candidates are showed under
in the primaries. This, you see, will
give them two chances to win.
"The present city administration