The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1920-03-19

tluu dt DOlSc uiu ScIue liner WOrk III
the same line. as mentioned below,
ip1ohahly taking their cue from the
! 'ss ~ "a 4 IL ~ .r.ss -. - -
h s ~ Nav 5sssds;S - s;ns Is;a
fat c0nSldef1l0le 4ens<ll ll9&g - 80
of Idaho placed the 100000 capitol
building bonds without asking for
bids, showing that the taxpayers of
the state will be fleeced OF 100000 by
the Davis method of doing public bus
in'ess. Following are excerpts from
the New Freedom:
| Let the taxpayer examine session
laws of 1919. pages 143 to lac inclu-
sive, containing house bill No. 142 as
enacted and find what is probably
THE most astounding piece of legisla-
tiOn of its kind ever enacted in any
Legislative body in the United States
Said bill authorizes an issue of
100000 capitol building bonds anu
Iprovides the method of paying the
interest and principal. specifying
the terms of years for which the
bonds were to run.
$50 far well and good That is
done in regard to all bond issues and
lis authorized by the constitution.
That is as far as any legislature ever
proceeds. The bonds so issued are
then offered in behalf of the state
by the proper executive officers to the
lbest and highest bidder after being
duly advertised.
"Such is the policy that has been
followed. ever since the admission of
Idaho as a state. Such is the policy
jpursued in every other state of THE
union.
1.-The bonds so issued bear four and
lthree-fourths per cent interest and
Iare exempt from all taxes. city, coun-
lty. state and national. After the
lsigning of the armistice of 1918 some
flour and one-half per cent highway
bonds held by the state endowment
fund sold for par and some for small
Ipremium. State bonds at four anc
Ione-half per cent would sell at pre-
mium.
What happened. Did the legisla,
ture proceed to offer the bond issue
for sale in the usual way? Not at ali
Just read house bill No. 142 ana see
Doubtless some Democrats voted fol
it without giving it proper scrutiny
"In section you will find this jo
ker that will cost the taxpayers dur
ling the life of these bonds abou'
100000 in cold cash. The treasurer
lis hereby authorized to negotiate
: isell and deliver said bonds drawing
-four and three-fourths per cent inter
est at par to Farris & Hardgrove. =
partnership, of Spokane, Wash.
"Who are Farris & Hardgroye? A
lgond-purchasing company of another
Istate. Why Farris & Hardgrove,
thic IN nc n
harsher term, upon the taxpayers OF
Idaho? Was any public advertising
done to sell these 5000 900 worth ol
jbonds, the sale of which under the
terms of the statute will cost the peo
|, lple 100000 more than would have
; been the case had they been sold or
: 1.-THE open market Was there an,
. . effort made to get the highest bidder
for this large issue out in the light o.
day. Not a bit of it. Silently, softly
gently as grows the grass in meadow.
in the springtime the thing came
. Into existence, the deal was made. th'
bill slipped through swiftly, the bonds
!, were printed and turned over a
$50 900 less than their market value
when the state buys sack o
sugar or a pound of bacon 1t ask
bids. which may save little or moth
ling because of the smallness of th'
amount involved, but the Legislature
: lquietly slips through sale of 5000
! loco worth of bonds without askin,
9 flor bids. Why every county. cit.
and school district advertises whel
; they wish to sell even a. small bon'
3 Issue. But the great state OF Idaho
i through it's legislature, takes lea
I from the practices in one of the mos
q lregretable chapters of American his
2 tory.
= 'Is Alexander responsible for this
DO YOU think that he would have pei
!. Imitted that deal to go through. sue
: cessful business man that he is? ID
= YOU suppose that that other distlr
; guished democratic governor, Jane
II. Hawley, an eminent lawyer. woul
. have signed such a measure. so out
a tune with our whole theory OF goi
/ lernment? Would not either of thes
n have sent a stirring veto message I
the legislature demanding that in a.
lcordance with our governmental priI
lciple and invariable practice bids b
Q asked and an outrage on the peori
!, ipreyented?"
= Secular to Take Garage.
James J. ScouIar has leased the Nj
2 lNicon garage on east Main stree
lexpecting TO open business ther
about April J. At present the plae
T. is conducted by Fred Stewart, VII
A. will move
d Jeppson-Bischoff.
S Miss Grace Bisehoff of Moore, Id
5. no, and Lemuel Jeppson or Salmo
T. iwere married by Proba,e JucE
.e grronkrita IN Tuesday last March /