The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-04-13
Sheridan County Pays
S245,OO0.OO Bond Issue

Continued from rage One)
able to procure bond, for, but so far
he has offered no solution of the prob
lem of getting the money put IN
some of these banks out again when
the county's interests demand that It's
Indebtedness be paid. Out Of a total
of S450,000 balance in the banks on
April 3rd, only about $4,000 was
paid on the first $4,000 IN drafts
presented, but you will notice that
the State Examiner insists that all of
the county's funds should be deposited
in the banks ifyou will glance over the
report which the County Commission
ers ordered Joe Dolin to print some
time ago, for reasons best known to
themselves, and which the Producers
News printed in full, the week follow
ing. In view of these facts, it seems
that the criticisms of that report,
very lily advised as it was, is suff1c-
iently answered, and the Producers
News will be glad to hear from any
taxpayer interested in his county
government, expressing his views as
to what was the best policy in this
regard, at the same time keeping IN
mind that Rex Movius did deposit all
of the county tax collections in the
the Sheridan County State Bank In
the fall of 1920, and also keeping in
mind that it has cost Sheridan COun-
ty about $22,0000O to collect S27, 0OO.-
90 of that money which is now held in
the form of notes signed by L. l..
Beiseker, and on which he has de-
faulted.
Sensational Recovery.
Il oo,,v,4ry ~, tho Cfo4o IF Montana
with the relative resources of Shen-
dan County can show such a sensa-
tional recovery from absolute bank
ruptcy that Sheridan County has
made in the two years of the farmers
administration. Not only has Sheri-
dan County reduced it's Bonded in
debtedness, but has also reduced its
warrant Indebtedness by over $150,OOO
which means that over $4,000 in in
terest is saved the taxpayers each
year. This has been accomplished in
the face of the most stubborn OppOsi-
ton on the part of the banks in the
county, and the County Commission
ers have also expressed their OppoSi-
ton to the policy of reducing the in
debtedness, which opposition was very
noticeable last fall when the county
treasurer suggested to Tyler and
Matkin that the redemption of bonds
be commenced at that time, which
they arbitrarily refused to do. At
this time, however, the bonds are
payable, and the whole matter re-
solves itself to the discretion of the
County Treasurer, and he has at no
time passed up an opportunity to meet
the mandates of the law providing
for the payment of the indebtedness
of Sheridan County.
More Warrants Can Be Called.
On about May 18th, there will be
due and callable about 100000 of the
1920 Seed Relief and General Fund
warrants. If this Indebtedness can be
reduced, it will mean that another
$4,000 of the taxpayers money
will be saved, or sum sufficient to
run the county treasurer's office for
about one year.
Praise Due County Treasurer.
In spite of the adverse criticism on
the part of individuals and officials of
the policy inaugurated by the county
treasurer in consistently and steadily
reducing the Indebtedness of Sheridan
County, nothing but praise is due him
for the excellent showing which he
has made in the last two years, which
will mean so much to the Sheridan
County taxpayers in the years to
come. A reduction of interest here,
and reduction there soon amounts TO
huge sums which will be in due time
clipped from the tax roll, and will
reduce the taxes accordingly. With
a fair tax collection next year, and
cooperation on the part of the major
ity members of the board of county
commissioners, the county treasurer
expects to have the county indebted
ness where it belongs within the next
year or two.
Beiseker Money Disturbes.
The taxes can not be greatly re-
duced until the 1920 seed relief issue
is properly disposed of, but after such
time the levy for county purposes will
be reduced to nearly half it's present
amount, assuming of course that the
money due from the Sheridan County
State Bank and I. L. Beiselxer is col
lected, which we hope will be- If this
is not collected, the taxpayers will b,
called upon to make good anothe
S215,000 which they have paid once
but which has been dissipated b!
criminal and incompetent officials be
fore the farmers took a hand in TIT
matter. The County Commissioner
owe to the taxpayers prompt action
against everyone responsible for tn
Sheridan County State Bank deal, ant
it will be remembered that the Pro
ducers News had to do considerable
agitating before they finally acted up
on the matter back in the spring O
1921, just after the farmers hat
elected Jens Ibsen and Tyler to TIN
board of county commissioners. /
may be we'll to recall that everyon,
interested in seeing that Movius, Mat
kin, Timmons and Beiseker did no
into trouble, insisted that 7. L. Beis
el1er evil pay all right, but that HI
must have time," which sounded wei
to Ibsen and Tyler, and they slum
bered for. about months in this illus
ion, while Beiseker in the meantime
was transferring all his tangible ant
intangible properties in states +,
third parties, the most importan
being a trust deed to the Minnesot;
nan and T1r1ct CO1,onoyxT IN Eob,11