The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1919-07-18
PRODUCERS NEWS INDICATED

The tempest in the teapot has sub
sided.
All of the@wreckage has been gath
s cred together and the actors in the
thrilling drama have concluded that
someone has blundered.
The peace pipe has been passed
and after heap big smoke, the
hatchet has been buried, and now all
is quiet on the plains where the short
grass grows.
The lion has laid down with the
lamb, the doves lug olive twigs back
and forth, the troubled waters are
q Stilled, the moon shines bright along
the Muddy, where but yesterday the
din of battle resounded high over the
noise Of the workaday world.
u But yesterday, a couple of our
prominent bankers, their hearts beat
ing in sympathy, for the down trod-
s den and outraged taxpayers, with
tears streaming down their agonized
faces, their lips quivering and wiring
ing their hands in sorrow made a
great plea to the Court to come to
the rescue of the taxpayers and pre-
vent the sale of a bond issue, con-
ceived in sin and born in infamy.
Jud ge Hurry heard the case and
did not know what to do. He could
i mot to save his life find any merit,
but politics was there splattered all
over the pleadings; so what could he
do after the battle Of the CAB, but
pass the buck which he did, to Judge
i Conner. 1t would have been embar-
Passing for Judge Conner to try the
case so early in his judicial life so
#the matter was not p& shed but was
allowed to nap.
81 In the meantime, the county bank
#fupt, all public work had to stop.
Something must be done or the coun-
ty commissioners would soon be tax
lng discount on their own pay
Checks.
NJ The Pioneer Press had about
played itself out trying to prove
that the editor of the Producers News
had sold out to Cashier Beiseker and
mad led the farmers astray for a
reconsideration and this bunk propa-
ganda was peddled with enthusiasm
by the State Bank of Plentywood and
the First National Bank and maybe
some others in a desperate effort to
"a snake the confidence of the farmers
ln the editor of the Producers News.
Now what happens.
Inc bankers get together.
The bond Injunction is dismissed.
A number OF bidders is not called
A just one lonely bond man shows
up.
& Inc Commissioners rescind and an
nul the old Bond contract
A new contract is made.
A serial bond was bought, thanks
fc the work Of the Producers News
and because the bankers did not dare
70 try for any other kind in face OF
the education of the people in the
pond business.
b. the interest was reduced to
"a per cent, instead of 6 per cent,
1lus indicating the bond injunction
u1t, saving the face of the plaintiffs
ah0 McsSrs. BabcOck & Ellery, be-
sldeS the Plentywood Pioneer Press.
Total cost to the taxpayers of S15,-
OOO is saved.
My, such a victory-on the face Of
Things.
But here are the facts.
Inc payments are arranged in such
a way, and deferred in such man
per, that the total results are, that
Ahe new contract for the 5 3-4 per
EN- bond will cost the taxpayers
$4,000 more than the previous 6%o
bond.
The six per cent bond would have
k0St $4,000 and the new five and
slIee-foGrths per cent bond will cost
II taxpayers $169,000.
bond
Nessrs. Nelson and Mckee and
a0cock & Ellery have been vlndl-
80, have saved their faces, the
foducers News has been proven tc
ave surrendered to the scion of cap
a. and the proletariat betrayed.
But who got the split on this last
au ~, story venture?
we pause to inquire again, who