| Show MR MB GEDDES AND THE NEWS when a man gets get angry in a discussion he be throws aside all dignity and that Is what county commissioner Commissio DEff geddes seems to have done in file bis statement that appears in the NEWS today when be talks of any attempt in ID this paper to convey a false impression in its criticism of the countes coun tys action in refunding the whole indebtedness indebted DOBR of perhaps when a little more experience be will recognize that people may differ with him as to policy without being either dishonest or untruthful we realize that geddes has bas labored faithfully and has made an efficient officer and for this we have approved and will continue to do so his bis actions to in that line lin but we also realize that se fie to ie liable to err and believe he has done so in this instance but we have nu no desire to be as harsh barsh in judgment and expression as aa he has been so 80 far as we the discussion has gone we might be content to leave it where it iv ir and allow people to J judge adge f r them solver but since the article trie gen aleman objects to appeared several days day alro afo we will cau call attention to only a few of mr a emente and leave the controversy in the first place the gentleman says that we might have learned that to la order to prevent an increase in county taxes it Is absolutely necee ury ary wat that the warrants abdule be taken up and bonds iff issued aed in their ati el r ploce place IJ the assertion is contradicted by the very law under which the bunas bonus are iacued instead of the issue preventing an increase Inore aee of taxes it makes such increase obligatory since the law provides for a special tax to pay the interest aud and the bonds the commissioner will find fidd this provision an fn n paragraph c page laws of utah 1896 ao bo he be is in error op 09 that point again be says the NEWS article was based on the assumption that an economical administration can at the present rate of tax pay the entire warrant indebtedness in too ten years the gentleman should rea I 1 the article again it to Is not based on any such as for it Ino includes ludes in ito argument the increase of taxation to in the next ten years that the bond issue requires in the second ten and shows the saving effected thereby mr geddes says mys that it if the sinking fund fond were ware created in the first ven cen years and the bonds paid in that time there would be a saying saving over that shown by the that to Is true but the law provides for raising the siok staking ilig fund in the second ten years yeam and until there is shown some disposition to raise the money before then the gentle markla statement Js id orby an ili rat at beef aud and the boode will ito eo iLe full as Js is commonly if tec 0 cafe Bf I 1 further our county friend suggests retraction or explanation lot of the one per cent robbery in the amount of I 1 interest nt erest we think the statement rood good enough as it stands the bonds bear baar five per cent while the state bonds carry four per cent interest Intire nt mr geddes roes goes off into a dissertation on the use ot of the word goldan boldly in ln the state and other bonds bonda that to la not the at alj ail the real point is that the county voluntarily offers five per cent for money when the state pays but four the commissioners assumed what neither they nor th the NEWS know knew and what we do not concede that the money could not have been borrowed at four per cent it was not tried as it might inight have been with good effect one more point the commissio commissioners may make a year saving on obb esah purchaser sep but ir if it to is done on the illustration of mr geddes that a three year credit meant a loss of 85 per cent besides the 8 per cent per year interest on warrants war ranta for that time making 69 59 per cent la in all ail or nearly 20 per cent per year ear then the schowine for past buel boat ness methods is decidedly more incompetent than we have supposed or than we believe it to be we rather suspect that our critic critics cri tica s statements are those that need the revision and explanation and we are not piqued over the matter at all we only that the gentleman allow some other passengers in the boat that mat carries those who havethe have havet abe be welfare ot of the abe taxpayers at heart |
