Show FAVORS NEGOTIABlE nON SECURITIES C G W H Reiser Helser e see o of Boise Sees Possibility for or an Attractive Attractive Attractive tive Investment C. C W. W Holser Helser of ot Boise Idaho who announces announces announces an an- intention to attend the National Nation Nation- al Irrigation congress to bo be held In this city September 30 to October 3 next has sent Bent in to the tho congress headquarters headquarters headquarters head head- quarters here a suggestion that appeals to Secretary Arthur Hooker as being one of or value In his hla letter Mr lr Helser Helper says saya It It occurs to me that one of ot the tho things most vitally necessary In Irrigation irrigation tion matters tOda today Is the placing of irrigation securities on such n n. basis that they will be bo looked upon by the Investing public with a greater degree des of confidence than has characterized them in the past Idaho for tor Instance has one of ot the tho best irrigation district laws Jaws in the United States and it strikes me that one way in which the tho state can show its confidence In the securities issued under district organizations would be for the tho Legislature to enact a law authorizing authorizing au au- banks to accept the bonds of ot such districts as securities for state deposits in the same way that school district bonds are arc now used The availability availability avail avail- ability of school district bonds for tor these purposes undoubtedly gives them a much higher market value than they would otherwise have Proper safeguards safes should be thrown around irrigation bonds that are used in this way and only bonds that have been Issued long enough to have ripened ripened ripened rip ened should be bo accepted The plan with these safeguards In In my mind is entirely feasible and I hope that other corporations that are in tho the market for tor utility bonds would look tavor favorably bly toward these Issues if It the state were behind them in some such way a I I Special 25 cents rate to Lagoon an and return via Bamberger Electric dally from both Salt Lake and Ogden commencing commencing commencing com com- 7 p. p m m. m week days and 1 p. p m. m Sundays Wan Van Wanted ted ted-A A first class up date I experienced dr dry good salesman good territory App Apply y to John I Sons Co Ogden |