The Parisian. (Paris, Tenn.) 1907-1962, 1921-05-20

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have to say about bonded indebted.
ness" in general, and the mortgage
upon real estate, etc. But as to
this ran only bring to mind the
fact that these conditions are no
different now tran when Paris iloat-
ed four previous bond issues. And,
l do not believe you will find any
one in the entire city today com
planning about bondage, or having
to suffer for the existing bonded
aggregate. When Paris commenced
floating bonds for public improve
ment she was q city less than hall
tire population of today Paris Is
growing, and this growth is only
retarded by the lack of available
sites for additional homes and the
lack of facilities for reaching out.
She is further handicapped, az ] am
sure you must agree with me, by
reason of the horribly dilapidated
condition of its physical property.
/ shall not undertake, at this writ
ing to go into this condition in ali
of its details. The situation is toe
well known, and the fact SO apparent
under the naked eye.
But, getting back to the original
bond issue, which i am advised you
personally had largely to do with.
l only want to express at this time
my approval of those procedures,
and say to you that from my under
standing the people of Paris would
nt 10 40 mo hnU
have spent In connection with these
four bond issues and be relieved of
the accomplishments hereunder.
Therefore, judging the future by
the past why will not same cir
cumstances and conditions exist in
the future.
In your letter you do not pro
rate the few additional thousand
dollars that would be derived from
direct taxation. e, as to how 1t
could be judiciously, effectively, and
economically spent. 1t is my notion
Il may be wrong-that under your
plan of additional direct taxation,
it would be impossible to secure
enough money to accomplish any
thing economically" Neither would
lent to meet immediate financial dea
mands for rehabilitation, completion
of work already under way, provid.
ing for the immediate needs of the
schools, taking care of court park
as the people are urgently demand
ing, curbing and guttering the streets
SO when money is spent rebuilding
them there will be provided the most
essential feature of street construc-
ton and maintenance, viz. drainage.
And, which would thus make the
streets more permanent and reduce
the cost of upkeep to a very small
consideration, and subsequently re-
duce the tax burden. So to speak,
we would be spending our money
for building on rock, instead of
on the sand.
also cannot figure the maximum
personality tax aggregate under your
plan, because as you say personal
property is transient and cannot be
counted on or specifically pledged"
and therefore, l do not believe we
can attain a maximum of $4,000
in taxes on a valuation of one mil
lion dollars for the reason the pres
ent aggregate in the first district is
only $7S1,000 The proposed motor
tax is too high-automobile owners
are already imposed upon, and while
we are proposing So per car tax
at this time, we figure it will extend
only $1,000. AS to the poll-tax, as
you know it now is "a, including
81 each for state, county, city and
school, We are figuring on advalo-
rem $4,000 under our tentative bud
get, while your figure is $500.
Heretofore it has run less than
$4,000 due to somebody's failure to
get it all"
$4,000, however, at that. would
not give us the money to take care
of immediate demands of mainte
nance and completion, much less
construction and permanent improve
ments. 1 haven't the time, since
receipt of your communication and
outline this afternoon, to go into
the whole program on this in detail,