Show A PROPOSED adjustment TUB proposition made by chairman nelson of the school board to that body last evening looking to an adjustment of the difficulty in regard to school taxes embraces an element of equity thatah that at least entitles it to deliberate consideration Und under erthe the decision of the territorial supreme court the special speciale school chool taxes were collected collect edon on the roll of the wrong year 1890 instead of 1889 hence the collection was illegal and taxpayers are entitled to a return of the sums they have paid col nelsons Nel Nels sons onla proposition is in to regard the amounts improperly collected as loans made by taxpayers to the school board and to issue bonds for the pur pose of raising money where with to pay those loans at A t a cursory glance there seems no obstacle in the way of illegality or injustice to the carrying out of this plan if adopted however it would render necessary the issue of bonds to the amount of in addition to the amount previously determined ter mined upon viz same of the members of the bold board desired to have bonds issued tol the amount of in place of as recommended by col nelson but that sum is too large the amount voted upon at the recent election with an addition to that sum of to be raised for reimbursing taxpayers is enough the contemplation of this subject compels recognition of the fact that our municipal debt is increasing with great rapidity city bonds to the amount of have been sold during the present administration and others to the amount of are about to be dis disposed of if worth of school bonds shall be issued our municipal debt ought to be deemed heavy enough to 10 satisfy even those who regard such a burden as a good thing the above figures should be considered in connection with the fact that the peoples party left in the city treasury over fourteen months ago such pointers aid the taxpayers of this city in forming an idea whither we are drifting under liberal rule |