The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1922-11-04
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THE BONUS PROPOSAL.

The constitutional amendment providing for soldier bonus
is partisan and should not be so regarded
the approval OF many who earnestly in favor
OF reasonable bonus for the exservce The method OF
taxation provided for is manfesty unjust and the fact that the
cost to the taxpayers the will be than three times
th which the former fighters will receive stamps the
entire plan economically unwe There is every reason to
believe that long rum would lose
than he would gain by the adoption OF such measure
As summarized by of exchanges the salient features
Of the proposed measure are as follows:
l. This is proposed constitutional amendment and is TO
be voted at the general election November 9Th.
D. This amendment calls for the creation OF debt against
ALL property in Oklahoma the Of $50OO0OO0 to be
8 This S50OOOOO0 bonds of the state be issued
for fifty years and draw per cent interest making the
total cost taxpayers of the state for interest and principal
The proposal permits the sale of these bonds for low
as 95 cents on the dollar possible reduction Of $2oOo
S. No limit the of money that may be spent
in the administration of this fund there limit set OF
employed does set time limit the years said commits
may unless be the life of the bonds 50
g. The bill provides that arrangements may be made with
bond buyers for the redpost paid by them for said
bonds in banks designated but does not specify that said deposit
shall draw reasonable rate OF nteresor any interest at all
Z. The proposal calls for taxes GROSS income basis
which that tax to be collected BEFORE money set
aside for wages etc.
g. There pending before the national congress sol
er compensation bill which when passed will levy national
tax according United States senator from Oklahoma) o
$l0O0OOOO on this abut the State Bonus Bill does not
vide for deductions this matterso if both proposals should
carry Oklahoma will be taxed for nearly $000OO in this
neclon.
The point of from which should reach decision in
regard to this is thus stated by writer
Whether bond issue $0O0000 should be voted and paid
by the people Of Oklahoma question to be determined by its
effect upon the progress upon the prosperity upon the general
welfare and future destiny commonwealth Would bond
issue would burden of $5000000 promote retad that prog
RESP Would improve impair the general welfare including
that of the thenseves? Could the soldiers and
sailors of Oklahoma realize prosperity distinct and apart from
that Of their felowcitzens Could they realize and enjoy
prosperity at the expense Of their fathers and mothers their
brothers and sisters their fellow izens What best for the
people OF the state taken whole will be best for the esevce
who must become the dominant element in citizen
guardians OF the general welfare times of peace they were
guardians Of the public security in time Of war;
Some months there ground breaking for the new
Presbyterian church Chckaha and the formal
Step in the proceedings the laying of the The
progress that has already been made toward the of
other handsome house of worship should be gratifying the
entire community The building still long way from compile
ton but the spirit manifested by the pastor and members the
church. together with the support which the people of the
generally giving them, that the splendid
which has been undertaken will be carried forward
beautiful and commodious church any
uni The efforts of the Presbyterian people merit the hearty
ro-opsration of the public ~. l.. Z :. a - 81.