The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1922-06-30

Of Capscl bill. and ssia The call e0saes
for mere room.
sGs eeHrss, the wvrs cs che" ysgts
requires more help thar Il DID two
or thrrs generations age, When cur
population was less and The Pahl c
aes<s fswrr. bat expenses Il state
government have Increased oUs II al,
proportion 10 yAe acteass II popa-
sasioa OF weAlth To isIa,rate
! ~In 1901 oas population pasat~rni
2.026,6 ana car total wralta
amounted 10 81 SOL. 1p1p a0 Oar %
tai reyguas from AL sources rs
year was $3.50 oda.
In 1899 or population agu,Agyet
2.5S1 sSa. ana o4r total wta..l
amouatel 70 5000 a.NNoQ Oar rev
ehay from all sparsea ta,4lgi ,eaa4
numbers o.rost sl@9o"Hog IRE
state aebt sNs oersasvt 8g-.ae sae
year 1871 BY mere gaaa Gt,9uo
sf.fs makjtg Ayaaa l5r {l.y3
v barls retired
'"rte rryenlr n 1921 backed Sesa
pco sr s5oopW Il nt 'e- eAt
cations - ths state
The bor+ei I'm #ein.ss ,t Tea
t'i' iesa eTrfl t>rar ,,@
aor uas si6 .saa se, T.st.as Dr.
anfsandeJ deb. aa, SSsgm5. or ii e..
tal N slT2o5 200
Tins fostirg deb, embraced money
that bad been borrowed ,rom baa \
20 aay interest on oar bonded deb.
80 We we're paying compound inter
est
When cur heb, sas funded vtar~
before IN isrs, VIZ had Agrcej % ere.
ate sinking fand 10 pay a. Tbs
AGREEMENT bad never h@en carried oat
though many years had passed /
advocated in my canvass and recon
mrnded 70 the Legislature the enact
ment OF law grating sinking fana
TO pay the state deb, The law was
passed with most sneAc.al ART sat
factory results, Under =, there uas
paid and Cancelled five million AMI
eighteen thousand iollors s5.ols e00t
" the BOMBED debt The t.gh, hundred
and hfty thousand dollars floating
debt Was also paid The grand sota.
amounted 70 five million eight har
dred ahd eighteen thousand 3oglaft
paid during my term and suree-a mr.
Democratic admns:rn t.ous Tss was
more than one-,hir,i q the entire state
iehi and left US owtng Only eleven NIL
F'ons, three huaire3 eighty s,,sr
Thousand dollars tsllasg 600 In .fe
sinking faHd act had beer perm t,sa
10 remain n faI fore. t would have
paid ~ the entire state tc}, iars
age.
Bat ths bonded 'eht ~ tr eatr.
instead ~ being re 4, A. was my plan.
mas sssg decreased anti has reach
81 exclusive u the floatrs 5eA
N4loNu recently. M adm .,r4t.s.e
rs~i''rrl interest 20 si~a pnr 5as Th.
rV~~ea. adminiVra, o. has asrcas.s
interes' cost mere thar SEE rcr
.a Aissc nj rsga ',yeass,t's, %nry>3,-.>s -
ne times i % issge heHs IN .eza Z
meeting "a. requirements ~ mal ga
merit by concurrent Fa,stau | haw
NOT tefere ne the data yhaa -f a
nrohaele total u hord >esa
'ntts8 States Federal stale man
p@' ant coarty bat 'hy grand tH,
'taf wdsl'f.st&rYtr a+t4i5!' rr .@r
q he I'n.test States nee s.a-r r.
% account u fhe Word Mar am
70 many billions y CELLAR, Ta. sssss
~ states, counties aet man ns =
a44Ia aggregate t.iogs mare
st3I Che 'enan5s or more heH
42fs Dot csase, Investors ar -ae e..s
Bs Wlh kreu ask ely sa, class :
securities Nhich, anisr she terms 50
taeaF issF'F, Ar MT sihi~t N 'aSa
lbs erars ~ the question as
wes'Aey 81 : st@es saca.a 3, ...a5r
ased. II sepi an, ,he tine wiz -t
~hen nary q Toe weal,ay people
pay little cr no LAKES art rrst ot.4a
oasdeHs ~ government Viii Ne shfs..a
70 LARD ard to visihle ana sccsas A}a
personal properly.
I am ~ the oplnpr ,hat .hs s,g
a'sce # nolt.tA~ahle tead, shna 49,
ON eFsensaragsys--thAt Il s5,ala cease
1t 's seurat pr-acip,e Il tasai.en ia.
eash e5t.ter ~aaii eert+ib,ste 4 .,es
sargoft q hs rrvernne.. in p-o-. ;.
.aau T. MS ~s&.th 49, ah.lity s rev
shAs Frzne3fs'e, " F7to.ra IN ILL., $50,
taee Ct raa-tArasye security
= sssss slse TIERS sAeg'i he ~ q.
fEs e seasty fr cty sosd, wtA,.4,
Vs'@ NJ fse Eesrje en the Ssh sst
2 erssF N g5sta1rare ,eadAr~@ j.
7Fs'S essH*sy er this Ire.
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srrsad OF Eduessjcr
saS6" 1'aser's, an a trie-yd r<,-~