i
The People ofJnchson^ Josephine nnd Del Norte Counties Can Build a Railroad to the Sea With the Scott Bonding PL
©Jr ©MJ S ill
A man »h all not bo ottab
liih c d by uiichodnot». Prov
orb» 12:3.
The house o f the w ic k e d
»hall bo overthrow n. —P ro v
erb» 14:11.
GOLD HILL, JACKSON COUNTY, OREGON, SATi RI > Ù, FEBRUARY 24, 1912
▼ Ok 14
NO. 42
The Taxpayers* National Bank of Jackson County
PEOPLE WILL
TAKE SCALPS
IN NOVEMBER
JACKMON COI'NT Y HTIIIBKI* 111'
PROOF OF ILLEGAL ACTIONS
OF tXMJNTY OFFICIALS
Ituun of Ashland Caudlilalc fur
('oiinly Judge— L f e w t of O u
trai Point for County
Conmilmloner
N one Darr Predict Outcome of Free-
ont Ferment— Heats o f Mighty
Are Hlutken
Y Jackson county politics arc In such
* ferment that not even the wisest
heads venture to predict either who
w ill be the nominee« after Iho prlui
arlee In April or who will survive the
big slftlng-out at the polls In Novem
ber, Charges of malfeasance In coun.
ty office have been made and proven
by the Gold H ill News, which Home
time ago started a muckraking cru
sade which many believe has already
shaken the ancient thrones of Jack-
son county political power to their
foundations. Rumors of graft are
rife, but as yet no direct evidence ha«
come to light. It Is confidently ex
pected. however, that the grand Jury
session commencing March 18 w ill see
something tangible brought out.
It Is freely admitted even by those
who are under the muckrake that the
political battle of 1913 w ill be the
hottest ever seen In Jackson county,
with disregard of law by ftninty offi
cials, Illegal bridge and road contracts
and depreciated county warrants as a
/ e w of the Issues.
Antioch Farmer Puzzling Over Good Roads COLD HILL TO
HAVE $20,000
Problem Discovers Revolutionary
CUSTOMMILL
„ Economic Principle
LONG-FELT WANT
WILL BE
FILLED WITH CF-TO-DATE
1920,000 PLANT
M. J. SCOTT, a faraier residing in Antioch voting precincct, whose postoffice address is Central Point,
Hural Route No. 2, lias evolved a plan of banking and bonding which, if it could be put in operation in everv
county of every state in the union, he and his friends believe would provide an absolutely elastic currency
obviate panics, and break the grip of the money trust, m other of all trusts, in thirty days. Mr. Scott has submitted
W
unv dug to whom he lias submitted the scheme has any doubt. An effort will be made to get the plan before the
people of Oregon as an initiative measure at the coming general election.
The Birth of a Wonderful Idea
Mr. Scott frankly admits that his plan did not spring from his brain full-fledged, like Minerva from the
brow of Jove, but that it had its inception in, and gradual growth sinc^ the attem pt to bond Jackson county for a
million and a half for good roads last September, the issue carrying by an overwhelming majority, later being d e
clared invalid by the state supreme court because it was not voted at a general instead of a special election. All
but three of the thirty-three votes cast in Mr. Scott’s precinct of Antioch were against the bond issue, Mr. S cott’s
vote being cast with the negative majority. Neither lie nor his neighbors could see the wisdom of paying $3 300 -
(KX), principal and interest, for the use of $1,500,000 for twenty years, which is what the proposed bond issue ap
peared to mean to them, and actually did mean.
,
r
The plan advanced by the Antioch granger was first formulated with the idea of getting money for good roads
for .Jackson county at as small an ultimate expense as possible to the taxpayers, but when he had it worked out he
found that what lie proposed, if put in general operation, would actually revolutionize the banking system of th e
country.
'
o .■
How the People Can Bond Themselves Without Paying Interest
Instead of issuing $1,500,000 in 20-vear interest-bearing bonds, meaning a total to pay, with interest for
j tWCIlty \ eurs at 6 per cent, of $3,300,000, Mr. Scott pro|x>ses to take advantage of existing federal banking law< bv
fllzx tA/lAVvln
zxl* Jackson county
X — A.____ A. I — -
1
1
A
a
.
°
®
•
ut Raving r the
people of
As a result of a conference held
Central Point yesterday between Geo.
Dunn of Ashland and Con I ««ever o f
Central Point, both tentative contend
for the republican nomination for
county Judge, a compromise was ef
fected whereby Mr. Dunn w ill become
a candidate before the primaries for
that honor and Mr. Leever w ill be
come a candidate for county commls
eloner.
It Is believed In Gold HUI that Med
ford Influence, Intent on making the
(Continued on last page.)
T o z h I v - zh z x w a
-
~ ~ ----------
-
-
-
art
national bank charter, b or the use ot this money their bank would have to pay n o t h i n g, having the same
privileges that are extended to other national banks. The jK-ople, through their bank, would own the bonds them
selves, with the assessed valuation of Jackson county, at present thirty-eight millions, and all the great natural
resources, agricultural, mineral, timber and water power, together with the industry, intelligence and integrity of
every good man and every good woman in Jackson county, now an d forever, back of their bonds, making them easilv
the equal of the best money ever minted or printed.
How the Principle Will Work in Practice
Two-Acre Site Required Which WUl
B e Furnished by Local Busi
ness Men
An amalgamating and concentrating
plant with a capacity of fifty to sixty
tons of ore daily w ill soon be con
structed In Gold H ill, according to the
plans, now practically completed, of
Mr. and Mrs. W J. Morgan of Port
land and others of that city. The In
itial cost of the plant w ill be in the
neighborhood ot >20,000, and the ma
chinery w ill be of the most modern
type. The plans Include a cyanide
plant, as much ot the ore in the Geld
H ill district requires that method of
treatment. Tke capacity w ill be In
creased as fast as required, and It la
expected that the plant w ill ultim ately
become one of the biggest ore-reduc
ing establishments, using other than
the smelting process, to be found in
the west.
The Gold H ill Business Men’s asso
ciation has agreed to furnish a free
site for the plant, and steps have al
ready been taken to secure the »»m«
A most advantageous site w ill be af
forded in case the city of Gold H ill
purchases the McClure water right
and power plant. Just across Rogue
river from the city, on which a tenta
tive option la held. Two acres of land
is required for the proposed plant,
and the site, which goes with the power
offers plenty of room and a most suit
able location. •
*
Before deciding to locate their plant
at Gold HUI the Morgans made a thor
ough canvass of the district and satis
fied themselves th at practically an
Inexhaustible supply of ore is already
In sight, carrying values averaging
from >4 to >12 per ton.
The Morgans and their associates
were attracted to southern Oregon by
the recent southern Oregon and north
ern California mining congress at
Medford.
MEDFORD WILL H A VE
To show how the plan would work out in actual practice, according to Mr. Scott: “ Taking $3 300 000 for a TAXES DISCOUNTED
’NOTHER GOOD SCRAP round number as the amount desired by the people of Jackson or any other county for good roads or other improve
IF PAID BY MARCH M
ments, it would cost the people in interest alone on 6 per cent bonds, under the present system of bonding and the
Hobble Evans and Yonng D ises Io
system that was proposed to the people of Jackson county last September, $198,000 per vear. Thus the people would Three Per Cent WW Be ANewed—T a a e t
Rattle for Lightweight Honors
be, as now, the slaves of the great god Money. On the contrary, under the plan which I propose to the people of
In Medford
U e U A fter A g r iH .
Jackson county and all other counties, the people would have $3,300,000 in national bank notes issued on the bonds
One of the best boxing contests ever on which they would pay no interest, saving $198,000 per year on this alone. Such money as is not paid out from
I f the taxes are paid before March
staged In the northwest Is to be pulled
15 a 3 per cent discount w ill be
the
laxpayers
Bank
of
.Jackson
County
for
road
improvement
or
other
purposes
could
be
loaned
to
the
local
■off by the Medford Natatorlum Athletic
given. Taxes w ill not become delin
9 club March 8, when Robbie Evans, Jianks or to others on good security at a low rate of interest. Thus there would be a saving to the people of $198 -
quent u ntil afte r A p ril 1, and not
northwest’s lightweight
champion, (XX) a year in interest that would be paid under the old plan, plus whatever interest was received from money not
at that tim e if one-half o f the total
meets Young Dixon of Kansas. This used for road or other public purposes. The tables would be turned, and the great god Money become the slave of
amount has been paid. In the la tte r
is a return match, It being their sec the people instead of their being slaves to it, as they are new, and as they would be to a yet greater extent if such a
rase the balance w ill not be required
ond meeting, they having fought one
until the firs t Monday in October,
bond
issue
as
was
proposed
in
Jackson
county
last
fall
were
put
into
operation.”
of the fastest ten.round draws ever
witnessed In any arena a month ago.
I t was such a clever and even contest
that the Medford fans clamored for
another go, so Manager Frankie Ed
wards rematched the two boys to meet
March 6.
It is expected that quite an aggre
gallon of Gold H ilt sports w ill Jour
ney to Medford to see the m ill, the
previous one having been witnessed
by a few prominent local men who
brought back glowing reports of a
good scrap.
Socialist Speaker at Medford
Anna A. Maley, one of the mos’t
w itty and forceful lecturers In the
socialist party, also one of the most
’ noted writers of economics on the Pa
cific coast, w ill deliver an address In
Medford nt Smith’s hall, Sunday after
noon at 2:30. Miss Maley Is a college
graduate and ably handles the subject
of "Trust Busters,’’ showing how non
sensical such ’’grandstand’’ polltlca as
have boeia practiced recently Is if It Is
Intended to fool the American voter.
I-atest word received by wire from
San Diego Is that S. W. McClendon,
who was injured two weeks ago In an
automobile accident In that city, Is
now conscious at times and th at his
general condition Is much Improved.
\
How the Bonds May Be Retired at Any Time
Under what will probably be known as the Scott bonding system, the people at any time they see fit to
retire their bond issue, may do so in the following manner: Assuming the amount of the issue to have been $3 300 000
the people may at any time tax themselves to the extent of $165,000 per year, the same amount that would have
I.ecu necessary to pay the interest and maintain the sinking fund on a bond issue of $1,500,000, such as was pro
posed last fall, and in twenty years the people would be able to turn the entire amount of $3,300,000 over to the
government, it having cost them nothing in interest, i nd they having had more than twice the benefit that tliev
ivculd have had under an ordinary bond issue for $1,500,000. At the present assessed valuation of Jackson county
approximately thirty-eight millions, an annual levy of four and one-half mills would take care of a bond issue of
$3,300,000 in twenty vears, and give a small surplus each year. This levy would be annually decreased bv the in
crease m assessed valuation. Having recalled their bank notes to the T axpayers’ National Bank at the rate of $165 -
000 per year for twenty years, or having recalled them all at the end of the twenty years, the people can then return
the $3,300,000 in bank notes to the government, surrender their charter, receive their cancelled bonds and go out of
the hanking business—if they so wish.
8
The People’s Votes Will Make the Taxpayers’ Bank Possible
William J. Scott, who is declared by all to whom his plan has been submitted to be the author of the
greatest economic principle since Henry George promulgated his single tax, makes no claim to legal learning He
lives in comparative retirem ent in his 1365-acre ranch on Rogue river, 14 miles north of Medford He has read
practically no books on political economy or economic questions. He has simply worked out his plan of the Tax
payers’ National Bank from ideas given him by the proposed bond issue of $1,500,000 for good roads in Jackson
county last fall. He is an ardent good road advocate. He believes th at his plan is the way to get them, and also to
solve the financial problem. Assuming that the government under which he lives is or should be of by and for the
people and that when his idea is properly brought to public attention it will claim the thoughtful consideration
whH’h he believes it merits, should there arise any legal or constitutional barriers against it, Mr. Scott believes
that the same will he speedily removed by popular vote, expressed either directly through the initiative or through
enactment by state legislatures, or by congress, of laws making the establishment of the T axpayers’ National Bank
possible.
which la October 7.
Miss Frances Smith and Mr. Bert
Carter, both of Gold H ill, were m ar
ried. at Jacksonville last Saturday, and
when the glad news arrived in this
budding metropolis there was a chorus
of pleased I-told-you-so’s. For all the
world loves a lover. Gold H ill being
no exception, and that this pretty little
romance should have terminated thus
happily— Is It exactly right to say that
romances terminate at the hymeneal
altar?— Is a source of much joy to
the many friends of the happy young
couple. Mr. and Mrs. Carter have
taken up their residence on Foots
creek, where Bart Is developing a very
promising young mining prospect. The
News believes that it expresses the
sentiment of the entire community la
wishing them a long and blissful m ari
tal career, that the proepect turns out
to be a bonansa, and that everything
else they attempt turns out corre
spondingly well.
O. E. Blacklngton, manager of the
Gold Crest orchard, has deserted hia
Galls creek home the past week, the
reason being that Mrs. Blacklngton
presented him with a ten-pound son
and heir at Medford last Sunday eve
ning.
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