Imperial Valley press., 1922-02-02
FIRST POLITICAL
GUN IS FIRED
Continued from page one.)

with any personal application at all,
but merely as matter of informa
tion. Before I took the treasurer's
office the income from public deposits
had never been more than five or six
thousand dollars a year. To be exact,
the income consisted in an average of
about four percent on 100000 in lib
erty bonds and two percent upon
maximum of approximately $4,000,
placed with county banks. This was
offset by an expense of from $4,000
to $4,000 per year in interest on
registered warrants while the treas
urer's vault was overflowing with
money and resulting in endless an
noyance and irritation on the part Of
everyone who had business with the
county and incidentally loss to the
county by overcharge on every pur-
chase made by the county, because
dealers tried to protect themselves,
against the loss resulting from long
waits for their money. | have in
stalled system which makes it pos
ance resulting from registered war
rants and yet at'an times to stay
safely within the law. Furthermore,
by frank understanding with the
banks and by establishing the public
business on basisaso-that they might
know exactly what to depend upon,
it has been possible to increase the
rate of interest on ,public deposits.
i he amount OF county money on de-
posit with Imperial 9county banks has
been increased from $4,000 to ap-
proximately half "a million dollars.
This has been done without favorit-
ism or even suggestion of favorit-
ism between banks for it has been
general orders that every bank
could have all the public money that
it could furnish security for, and no
bank has any money without fully
protecting the interests of the people.
Under my direction, the county now
has approximately a million and a
quarter out at interest giving the
public treasury the benefit of that in
come, and doing away with the haz-
ard that results from having on hand
large amounts of cash. The income
of the treasurer's office for the past
two years has been approximately
S7G,0C0 per year, and while this is
perhaps more than the average, am
confident that l can so direct the
handling of funds that the income
will always remain at very large
figure. On such showing l feel that
the people are suffering no loss if l
divide NV time with them
There remains til c -ques(on
whether deputy hire in the office
could be less if gave the county all
my time. It could not. The system
has to be kept up or it would not be
a system. One person could not do it.
l would not try to do it for ! know
that to do so would impair my vision
Of the larger considerations which
really count for much more and
therefore impair my general useful
ness as a county official.
Il am going to lay the foregoing
facts before every voter. | am going
to tell each one frankly that | do not
intend to give the county all my time
Because it is my belief that it does
not pay for it fully, and because, it is
not necessary to the public service for
me to do so. Further than that l
shall make no campaign. | believe
that the people will accept my point
Of view which is the point of view. l
believe, of every business man who
has examined into the running of the
treasurer's office, and that shall be
reelected. If am not, | shall be en-
tirely good natured about the matter
and be satisfied because the people
are the boss and they have the right
to say"