Medford mail tribune. (Medford, Or.) 1909-1989, September 09, 1915, SECOND EDITION, Page PAGE FOUR, Image 4

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PAGE FOUR
ftlUDFORD MAIL TRIBUNE
AN INDI21U3NDKNT NlSVySl'A PP.11
EXCK1T HUNDAY HV TII1U
MKDKOnp 1'IUNTINO CO.
OKIcb Mnll Tribune nulMlng. 8R-37-SV
North Kir street: tplopliona 75,
Th DernocrMtlo Time, Tim Mrilforf
Mnll, Tli'i MrilMrd Trillium, Tim Month
rn Orr-Konlqil, Tn A nil lurid Trlliupn.
BUUSCRXFTIOM HATE
On yesr, Iiy mnll. . ... .. .1D.(H
Orm month, by mall ...... 6i
Per ttmnlh, fpliviml lv currier In
Mcdford. rtiooiilx, Jn.ckrwnvlll
nn1 Central I'nlnt ,......., ai
fliiurtlny only, by mall, pr yrr S.Ofl
wpklv, nor ywr i.et
Ufflnlnl Piipr of I hn City of Mislrorrt
'Kflclnl I'aprr of JnrkHiin County
Knlnipil n ftciumd-olnM tnntlnr At
Mcdfnrd, Ort'Kon, under tho net of March
1, 1179.
Hworn Circulation for 1014, 2GB8.
Knll leNRAd wlr AHnoolated Prrm dla
patchp
Otjgg
Subscribers falling to recolro
papers promptly, phono Clrou-
Ifttlon Malinger At 2C0R.
f
HONG KONG KOLUM
Thing inloot plcoplo inllns
Jlvco Insuburhs trnliiB,
wlion
AI Hilt IlillH'O
Clgnretlo-tlp burning brlnht
Through tho darkness of tho nli;ht,
Ily your dimmer I cnu sco
llolon, by tho iipplo trco
.lust n fcuturo, now mid thru,
An you din mid flash again
Hut, wlint I would llko to hco
la who heopa lior coinpnuy.
illo Is not nlonc, nut there
Helen dooHii't smoko, I'll Hwtiar;
And by rights 'tis I should bu
atnndltiB with hor 'neath tho trco.
Tempted by her pretty pout
ThlH wib my ilnnro to sit out,
Clgnrottc-ttp, honoHt, trim.
Who's tho chap who'd Hinoklng you?
Puck.
Mow llu You I'Vt'l AImiiiI It?
"I'll halo to lirtvo ono" a thou
sand times I've nald.
"Hut If I hud It I'd linto to loso
It" wlint? why, n bnld bond!
Signs
A Itowloidiurg, W. Vu., theater dec
orates It.s sttiKO with thin hIkii:
",loliinhH, pIoiiho do not el I nib ovor
tho foolllKlitH. Uho tho HttiKo door."
Again, tho Uavonport Hotel, Dav
enport, Iowa, tifltH up this warning
to KiiitH unit InuiiKers: "I'rofuuu
luuiiuiiKo or HwoarliiR poHttlvuly pro
hjliltod In tbU room.''
Or, In DodBo City, Ja., "Ludlon and
Kontlomoii nro roiincBled not to throw
butter or otlior thliiBH on tho walls
or mix rutHiip mid vlnour pr unit mid
peppor. Mn bo ou think U'h a Julio
but wo don't.
In Day Mlnotte, Ala., a ,1, l hm
Placud a oard In hU door which In
forniH oallerH: "I'm h'Q'iiK UhIiIiir.
Ho hack whon I'm tliroiiKh. Puoplo
who can't wult,.suo i3am JonKliiM, nont
door, or i;o to litill; It will bo thu
nuiun,"
i ' -v ,
Stolid' ItniKiilii Counter (
.
.Many innrilwl tiittu look upon tlivlr
viY'V " combined ennl weipir.
lotjor openora and (alMun iiiuuIiIiuki
mid many of thttm uro.
11 or Diifliillluii
Tuucliir now own iipy child ulvo
iiiu it dofinltlon of "unnwaro?"
BiihiII Cllrl UutwHro Ik what you
JaU off lu umiiiM' and put on In
wtplor.
Ono un Ulpliiiuaiiy
ill- Ur Ut wjr, wii it or wa
th.Q Uinl of wnr?
jl WM think It ww AwihIhi!
i .
Tfi Oal
lit The pro(Br Um rftmiifd
villi. A revry InlormtUtti relit-
HliP Yo; i had tM with Uei e
lorday. -n,, -."' -w . - -l v
958
John A. Perl
UNDERTAKER
l.dy AFBUiant
H. IHUTMTr
l'ione M. 47 mid IT-J'i
PAY UP OUR
Til 10 city council has never made any effort lo coiled
paving assessments nor interest on the same, That
is why they are delinquent.
The iaviut,r assessments constitute an honest debt vol
untarily contracted. Common honesty demands their pay-1
inent. If th",v are not paid if a single interest payment
is defaulted, the city's credit is killed.
The Hancroft act paving bonds are secured by a first
lieu on the property affected. There is jio question about
the validity of the bonds or of the liens. The bond buyers
satisfied themselves about this before purchase. Similar
bond issues have been upheld in all states. All tho prop
erty affected is worth more than the improvement liens
against it.
Talk about the validity of these bonds or liens is merely
an excuse to delay payment, and delay works an unjust
hardship upon the entire community.
Jiow can the council expect tho property owners lo pay
when no real effort is forthcoming to force payment'
"Why do members of the council go around with long
faces, saying, "it can't be done," when ihey have never
made an effort lo do it? How do thoy know?
llow can the councilmen expect payment when pay
ments offered are refused, while the council debates some
scheme to place a premium upon repudiation of honest
debts and a reward for individual tax dodging by soaking
tho community at large.
'
Mqdford is not broke, simply because some of tho spec
ulative real estate boomers aro land poor. It is true tipies
have been dull they have all over the world. Then the
Lord has sent us two years of drouth to convince the dull
est that irrigation is essential, otherwise our production
i ! ii J lit
is not suiiieiein 10 support our population.
Over 1100 new automobiles have been sold in Medford
this year, Over 10(H) autos are in operation. Does this look
liko bankruptcy? People that can afford to buy gasoline
can somehow rake up enough to at least pay the interest
upon improvement assessments.
jloreovor, there has been a steady annual reduction in
the principal of these improvement bonds. Some $500,000
has been redeemed in the oast few years. Last venr
$70,000 was paid, despite hard times. This-does not indi
cate bankruptcy.
It is high linie to quit calamity howling. The "can't
bo done" spirit never led anywhere but to bankruptcy.
It is not a community problem so much as an individual
problem. The community can and does ;o-operalo by ask
jngonly the interest from those who cannot afford io pay
their full assessment. That is all any properly owner
should ask. To ask that the community pay individual
debts and make a cash distribution as a rebate is an alto
gother unreasonable and unjust request, and any action
toward this end spells bankruptcy in )uj long run,
No one ever yet succeeded in pulling themselves over
a fence by tugging at his bootstraps and that is what, the
effort lo reboud the city amounts to. Let us cease efforts
to form a benevolent and philanthropical association for
the benefit of hardjup tax dodgers.
The city 1ms already been damaged enough by reboud
ing efforts and heralding abroad the fact that we are hard
up. No amount of constructive effort can overcome the
effects of this poor-house advertising. In addition, it has
demoralized our own citizenship, rendered collections dif
ficult and given repudiation a boost and fostered the idea
that the way lo pay debts is to double present debts by con
tracting fresh ones.
Let us face the situation in ,t sane and businesslike man
ner. Let us each co-operalo lo do our individual share in
sustaining our own and tho city's credit and properly tU
velop our locality.
Medford is all right, jt has the geographical location
and natural resources that, properly developed, mean
eventually a city several times the size of the present com
munity, which lms grown faster than its resources were
developed.
Lot us pay our honest debts as best we can, at least pay
Hie n, torost upon them. The black flag of repudiation
wilUiako us nowhere, either individually or collectively,
Conditions existing are but temporary, ill very locality has
iLs tips and downs, its fat and lean years. The future is
bright with promise
COMMUNICATION.
To thu Kdlter:
On my way homo from the
Sl(l
U'nmulhco oxpokltlon after a May ofi
throe, months, where I wuh Kent in
tho Inturoiit of tho National Yollow
Ntonu park, I fitpiipad lu jour city
fur n hIrIiI'h rest and was ho favor-.
ably ImpreHHiul with tho town and Its
peoplo that I itayod over another dny.
ThU l my first visit wekt of Mop. i
tana i m homo) and must nay It U
Kiont The exposition In lievond de
fk'rlptlon. Shu FrancUco 1h an up-to-date
city, the people very hospitable
and fine, lu fact all tho western touiin
where I liave Htopped ate the .ano.
Medf.inl h no cxuptlon ou liave
CHICHESTER S PILLS
V-3-v .int: in.UtUNlMIII.VSIL X
IV V'Mt . l-ckr-ltrlu.o. llr4V
slJJQ, rnu iitii l uu !.iuAV
k -JrJ1 I '.. ! I ik Ul K.'Jwa, v
1 s t-,'1 T.k. ikr lUr .riwr v
" (7 UUUI- A vrw'll- lit H,TKKi
ni. iih.tr.K
no i-ii.i.m3
UlAUilNII IIKANU 1'II.I.H.to
'
tiliiiidiBilllnl. difot Atft)KtiiM
SOID BY DRUGGISTS CimHHCRE
Deep Well Drilling
OH. km. nnd wutur wttlU, IS, 13,
It-lucu to l".eu fct lor price nee
,1 sl'l l Ns,
! Mill UHtruii
MWDPOKD MATL TRIBUNE,
HONEST DEBTS
a promlsliiK, dellehtful llttlo city. 1
.I.had occasion to stop in noverai of
your business houses, also tho banks,
shero even one has made n lasting
impresuton on n loiiriHi.
.MltS. llll HATTLHIl,
MvliiKston, Montana.
THAR'S two things yet to be invented
a gun that'll shoot around the cor
ner, and a "process" that'll take the bite
out of tobacco an' leave the flavor in.
i u
f,
l
WlM'vdlitl
Onr nprzz
medeord.
OREGON, TI1URRDAY," 'ftlUPTRMBflR
IIP I " '
I
(Ily Col. Ji. H. Snrpppt.)
1 vi"Ii lo prefuee my' remarks in
iijiposition to the pics-cut bonding '"
sue with the .statement that umlcr no
(lireiiiiiHtiiiieen hIioiiM lliu city be per
mitted to default on even it single in
terest payniept. Whatever happens, I
fhnll nlwnys be in favor of paying
every cent the oily owes, and so fnr
ns I know every citizen of this town
is in favor of this also. i
Only u few weeks ue,o J was talk
iiiK to one of (lie most respected and
influential citizens of this city mid
he Haiti that he once lived in a city
wlileh defaulted jiiHt one intercut
payment on its bonded indebtedness,
and altliotigli (his unpaid interest was
fully paid up en: next paying date,
this one default almost ruined the
city. It was published all over the
United States and of course the city's
credit was hurt immeasurably. Every
bonding house knew it nnd the city
could not for years borrow any
money. It took twenty-five years for
ti to recover oven partially rrom this
fatal mistake, mid never did, prob
ably pevcr will, fully recover,
Cannot Sell Howls
Assuming that all the steps in this
,'fnrtlicomiiifr bond issito will bu lenl,
that theru will bo no slip-up, nu fatal
error, in Kettiu it approved by the
people, yet with a bond issue of prac
tically a million dollars lutsed on an
assessed valuation of not much
ureuter than four million, there is, I
fpul, KoitiK to bo much difficulty in
selling the bonds, and I doubt very
much whether they cnu bu sold.
I have a letter i'lom the Harris
Trust & Savings Hank of t'liiuao,
one of the most reliable and largest
dealeth in bonds in the I'niteil States,
in answer to n letter from ipo ox?
plaiiiiiiK this bond issue, wliieli says:
"Wo have your favor of the iMtli
inst. witi reward to a proposed is
Miu of approximately if 1 ,01)0,000 city
of Alcdford rofundiii'' bonds. It
strikes us thai this would ho a very
lurc hloek of bonds for u city the
si7.ii of Mcdford mid wo nio ii at
all pci'laiu that we would be inter
ested." Why, rouble
A nm niany other letters received
by tho recorder, .Mr. I'oss, from other
bond bouses refer to the largeness of
the bond issue compared lo the
slimline of the assessed value of
Uio city property, mid they nearly all
have seiioiis doubts as to wliellier
such bonds could be sold at or near
par. And of course we know that
liofni-' any bonding houses buy thesp
bonds their repicseutativcs will make
a careful investigation as to the other
city debts, nnd when they find that
they amount lo ovor $700,000, mid
when added to this bond issue mako
a total indebtedness of about $1,800,
(100, hat Is to iiy, an indebtedness of
lii per cent of thu assessed value of
the oily, none of (hem will, I fear, be
willing to purchase these bonds,.
i;Kit N HiiKKt'MisI
Whilu it may lensonubly be assum
ed that all the steps in this forth
ooiniii" bond issue will he legal and
that there will be no slip up, no fatal
error in gutting it before tho people
for their approval or disapproval, yet
I apt ot tlie opinion inai mis uimur
is of such great imparlance that tho
city ought to hue an expert bond at
torney to pasi, mi the legality of thu
issue And I am also of the opinion
that before this bond isMie is re
turns! to the people the city council
ought to know in advance from ono
or iiioio reputable bond houses
whether if the steps arv U'Ral in all
rasped and it receives the majority
vote ueciVMir.v, they would Ink" 'lu'
bond at par. Of course, in order to
got tins kimvvlcdgu in advance it
would be necessary fur some of thc-u
bonding houses to send their agent
bore lor an investigation, and this
:c
Bi
ISSUE WILL
IRK
INJUSTCE
UPON
AX PAYERS
$$"
VELVET is cool and bitclcsj because it is mellowed
by age. Two years tho best Kentucky Burley is
scaled in wooden casks, until every last vestige of
flavor and fragrance is brought to the surface -but
every particle of rawness eliminated. The VELVET
way is nature's way.
SStcoHl tho city fonRidcrablf. Key
. i ,. ... . .... a.. ,..
crthelcss, it would seem lo nic to hi
tho wisest course, for what is the
use of gains to tho expense of n
election only perhaps to find out af
ter the bond issue bus been author
ized by the? people that the bonds can
not bo sold,
Mnkcs Had Muddle
Now, art I understand it, if the hone
issue passes il will repeal all city law
and ordinances which authorize tin
Collection, of interest and assOssmentK
under the Hancroft act. Xow, if wr
cannot sell the bonds nor coll'ct thr
interest mid assessments under the
Hancroft act, surely the oity will bt
in n predicament. To iiso u slang'
but forcible expression, the city wil'
bo up against it.
It is claimed by the city alloinc
that if the bond issue passes and the
bonds cannot bo sold tho council cm
nevertheless go almnil under tho now
ordinance which milliorizastlio bond
jhHiie and levy a tax. to pnv the in
tcrcst on Uio now unsold bonds nnr
that thai tax can ho unetl lo pnv off
tho interest on the present outstand
ing nsscssnipnt bonds; but even sr
(nnd it seems to mo thut this is c
legal question which intuht require
much study and considerable re
search among tho authorities to do
tcnuitic) how would tho principnl of
these assessment bonds that wi br
coming due in n few yenrs be paidt
Impairs City's Credit
Then again, too, if tho bond shii
receives a favorable voto and nn ef
fort is made to sell the bonds, mid it
fails, this very fact of itself impain
to a certain extent the credit of thr
city, 'flint this city had issued re
funding bonds, but wis unable to sol
them would then, of course, beconu
known in every bond buying house ir
the United States, and such being tin
case, what chance would there then
ho of issuing any other refunding
hoods to take up the present assess
ment liuuds when payment of prin
cipal thereon hecopics due? None, 1
fear. Indeed, if this bond issue i
Voted upon favorably mid the bonds
cannot be sold I fear that the city's
financial affairs will get into mich (
tangle, such a snarl that no one, will
know what to do. The tanglo will
not ho cpsjly unravelled, ami none of
us knowing what to do or at the best
disngecriug among ourselves ns wlint
is best ti bo done, nothing will be
done, ami thu city will default nn
some interest payment mid go into
hmikruplcv and a receiver be ap
pointed. Hut I fervently hope that
somehow in some way wo may escape
thu difficulties which I think I see
looming i'l rue before us if thu people
of Mcdford approve of this bond is
sue. luliistleo to Individuals
As to tu method of paying these
paving assessments bv a bond issue
liow upder considerutioii, let us dwell
for i timu uiQi the justice or rather
injustice of it (o certain paitics. Of
course we are all nvvare that no sys
tem of tnxaxtion is or can bu abso
lutely just. Indeed, inequality mid in
justice aro to some extent inherent in
every method of taxation., Never
theless it may be stated as a general
truth that taxes should always bo so
placed us to avoid as much as pos
sible inequality and injustice. Hear
ing in mind this pieliniiuary state
ment, wo shall now consider thu in
justice to certain parties should this
bond issuu method of paying assess
ments bu adopted,. I.et us take,
first, a valuable building and tot, say
a bank, in the business part of the
city; second, a hoiisu and lot on an
unjmvvd street, and third, a housj,
barn mid orchard and farm land all
within citv limits.
The First National hank has
twcnly-fivo feet of pavement which,
jcekoncd at $H U front foot, would
amount to 'J00. Now, provided ev
erybody else paid their interest and
assessments under the Hancroft pet,
this bunk, having paid up this t-00
in full, would never auain have to pay
a cent in tnxe for tins pavement,
First Nntlonnl'b Caso
Inasmuch as (ho assessed value of
the city of Mcdford is now nhout
HOOO.QQD, and this bond Issue Is
about .f 1,000,000, it follows that it
would take (ne-quarter of the prvs-
ii uil i a
:cnc
3cr
P9 'c;? ISjJm
a cue
3C
9, 1915
i-nl iiwsmmI vuliio of Mcilford to pnv
I.... .i i..,,,.iu. Viiw. the present
..r il. .... Wills. Now. the pre.se
assessed value of the First National
bank on building and lot is probably
ibout $-10,000. CN'1' roal "sst-"4.hlMl
vnlue is of course nnieh greater than
Miis, because' its deiosits and capital
,toek are taken into consideration,
but if the building nnd lot were nlono
onsidored probably about .fl0,0U
would be its assessed value). And
dnce, if the bond issue carries tins
'milk would have to pay one-quarter
if its present assessed value, it
vould have to pay $10,000, which is
mc-qunrter of its assessed value of
H0.000. Under the Hancroft art il
vould have to p.iy -f-JOO; under thi
loud issue, $10,000. Of course the
ank would have thirty years to pay
his $10,000 in, hut if it nil one
'liiriieth each year and paid no In
crest whatever it would pay fjWKl.M
neh year for thirty venrs for a pave
nent' which uost .f'JOO.
Pay JHaoy Times
Paying the interest also, in nddl
ion to tho principal, which it f
ourse would have to do, it would pay
n nctunl cash in the next thirty years
lions than $iri,000, and this, too, on
'ho supposition that thu assessed
,-nluo or this bank is Jnit $10,000. As
ji mutter of fact, it assessed value,
owing to its deposits and business, is
nearly foqr tiiui'H thi amount, hclng
in tho neighborhood of $1.'0,000, Hut
whatever its exact present assessed
imluo is, it would have to pay f'fr H"
oaveinenl if this bond issuo passes
one-quarter of this amount nnd the
Interest on the sumo in nddition,
amounting all told to taoro than $00,-
000. , , .
(To bo continued.)
$100 Reward, $100
Tho rfi(J'f of Ibl. pr will b plcwrt lo
Ittrn tbat lh'r U at Trait nr ilrradctl ill.e I
Ufllr ii. w ,'.i i. i
thai aclrnr paa l'fn able
lu rum In all tia
llll' L'alitrh Car
ttaira, nu uai u Laiarrn
it! It Ctti
leal fntrrnlt
s lor onij
IK
icvltlfp carp now known t tbf mrit-
:jr, caitrrn Mini a ronuiuiinnt
Haifa Calarth Cur l tan Inlftnally. acllns
illreetlr upon lb blooil and mucona autfafpa of
tbf ajitrtn. tbrrrbr ilftlrojloit tb foundation
of lb AUmtr, and glflne the patent alrcnion
by bultdlnt op ibt cQDttlluttnn and aMltiln na
ture In doln Ita work. The proprltlora hjT
an raufh faith In lt ruratlfo imrra that Ihrr
otffr Oaf llunilrist Hollar, for anr ri that It
fills jo curf. Send for llt,t of tcullmonlal.,
Addrtaa K. J. CENEV A CO., Toledo. O.
Hold 1T all PruncUU. 73c
Tak Hall'a family l'lll. for fonitlpatlon.
i.-.. -iwiitlr. . rnniillutlonal irtaiuirQi.
Uye PAG
Cool, Comfortable. Well Ventilated
LASTTIAIIOTONIUIIT
957 PEOPLE
Haw this Wonderful Picture veslerdav.
THEDA BARA
Tho Famed Vampire Woman, in
The Devil's Daughter
An Amazing Modern Soeioty Drama
Fimpired hy
"La Gioconda," bv (labriele D'Annunio, the author
' oP'Cabiria"
A Sensational Feature in Five Acts
Hearst-Selig Weekly
Prices for this attractien: Lower floor, 2oe; balcony,
loe; Children, 1;V.
Special Notice-Coining, Win. Ityvnuin in
"The Plunderer"
IIIJ.L.
Panama-Pacific Exposition
la tho Moat Wondorful
Tlie Most Beautiful
The Moat Important in History
It Is artistic, it Is ssymetrlual,
s coiuploto.
Only throo nioutha nioro will it bo oiened. No Intelli
gent person cau afford to mlsa tho opportunity of vlultlng
this exposition.
Low Round Trip Fares to San Francisco
on sale dully from all points
If you contemplate a trip Kuit jou can trnvjal throijBu
CallforDla lu one direction at small additional tispoiiso.
)& Ml 10 D.ii nt Sji l'VniicUco ' ,'":'' ' ',
, ' ' f ' .
and
10 llajs at lis Angcle.1
uud 10 dajs at HI Paso uro
thu Hast readlnj over thu.
SOUTHERN PACIFIC
Let our noareat Agent outllno a trip tor you, Our
folders "Wayside Notes" and "Onllfortila HjCBOiltJuns
will Vo of tntvoat Thoy aro freo,
John M, Scott, 0vneral l'asM-nuer Agent, I'ortlnml, Oregon.
aVWbKWW & " ialbMWftCaBMaBI
Olvcs ft brilliant B'V,f.lih'Ji!1,;i
V doei not nU eft r duat olf-tliat
annenU to llu Iron -Oiot lasts four
time ns lone as any other.
1 BlacH Silk Stove Polish
1 a in a cln.s by ll.ctf. U'a more
raiffullr mndonnd mnJo
Iroin better mattruilt. t?s
Star Theatre
TODAY O.NliY
Daniel Krohman Presents
The
Comiiianding
Officer
A Paramount Feature.
Military drama In four wonderful
parts,
' t
ALSO AN AXIMATKD AVKKKIiY
paramount pictures nro tho host In
tho world. Never miss ona.
DAN.MK" Is Coming Sunday.
Medford's
Lcadinn Theatre
It 3 world wldq, It
allowed on all tlqkets to
M
31 IE
inznt
U