The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1918-08-14
To the voters and Taxpayers of Lau-


AS will be seen from the announce
ment columns of this paper | am in
the race for recollection to the office
of County Supervisor, and while or
dinarily not inclined to appear in pub
lie print, | desire to say few words
to the people who have honorcd me
with 4 public trust and whom have
labored earnestly to serve. Owing tt
the fact of there being only four meet
ingS staged for the county campaign
OF this county which will bar the ma
jority Of our citizens from hearing on
the stump the men from whom they
will select their officers, and from
the further fact that owing TO the pres
sure Of official business will not be
permitted to make house to house
canvass, ] desire this opportunity to
render to my people all account OF my
stewardship.
find that the people are being mis-
informed as to some things. The county
has been strcwn broadcast with a lot
of tommy rot about the highway bond
issue. the new jail, the way road work
is carried on, how the chain gang is
rum etc, when II is doubtful if the
well themselves.
"
that under the act authorizing same,
the bonds are to be sold by the Coun-
ty Board Of Commissioners. Of which
| am chairman. The bond act pro-
vidcS that the bonds shall not be sold
for less than par value and shall bear
not exceeding five per cent interest,
the amount Of issue authorized Is
100000. There have been two sales.
On April "a, 1917, We first offered $780,
600 of l-2 per cent bonds, the best
bid being $4,000 discount which under
the act could not be accepted. We then
offered on the same day Il like amount
of 3+i per cent bonds on which the
best bid Of $1,735 premium by Sccuri-
ty Trust Company, was accepted. AT
this sale | asked the bidders to buy
the bonds subject to a ruling of the
Supreme Court Of this State as tc
their validity which they refused to
do, SO the bonds were sold subject to
the approval Of purchasers attorney
as to their validity. Some six weeks
later the attorneys, Mcssrs. Caldwell
& Masslch. declined to approve the
validity Of the bonds, and on advice
of our counsel, Mcssrs. Simpson.
Cooper & Babb, purchasers check was
returned. This sale had been cxtcn-
and a number Of bidders were pres
cnt. During the summer we kept in
touch with bond people as to the sta
tus Of the market but on account OF
the declaration of war and the Liberty
Loan in June the market for local
bonds had gone to the bad. The mar
kct looked up a little towards fall and
we advertised another sale for ScptCm-
bcr 2lst. This sale having been we'll
advertised, we had number Of bond
houses represented. Finding 4 "a per
cent bonds below par, $150.000 Of 5 per
cents were offered, being sold subject
to the opinion Of Mr.. Jno. c. Thomp-
son, attorney at law, Of Now York city.
4 bond lawyer selected by us. as 10
their validity. The best bid being for
par, accrued interest and premium
Of $3.50, WAS accepted. On receipt OF
4 favorable opinion from attorney,
bonds were printed, executed and ten
dcrcd to purchaser and were refused
Purchasers check was then placed ~
hands Of oar attorneys for collie ti0r.
Early in the present year our Ma
tiOnai Government asked that all pub
lie work not essential - IL" proaCCu-
ton OF tho war DC suspended and for
b3dc. aa we understand, bond SliC3 III
excess OF 100000 for puOlic imDrovc-
nCnts. cvccrt in caGcG ahaohitol"
necessary. and Is now asking That all
construction work possible be aua-
pended 50 rs II make tho l0bcr and
money Of this country available for
the prosecution OF This war and the
man who advocates tho prosecution Of
this work nov IS putin" ohstrrctiOMs
in the Wav o: victory. Then where ia
tho labor to come frOm-and what
would be the cost Of thc work as com
pared with normal times
The biggest issue before us today il
the successful prosecution Of the war,