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Show THE CITIZEN billion dollars per year, and this is find was $1,000. This they applied added to the stagering amounts alupon the principal. ready piled up as existing debts in the Now comes the second act of politiway of bonds which are tax exempt. of cal legerdemain. The balance of $5, It is the small political, 000 was refunded 1. e. new bonds the state that are largely the chief were issued this time for twenty years offenders. Little Interest is taken at bearing 6 per cent. But in keeping bond elections. No care is given as to with practice common to some city ad- what the administration is doing once ministrations they failed to protect the it is given the reins of government. taxpayers by providing funds to meet In order that it may not be thought these bonds when due. This was bas- that the above grotesque incident is ed on the fraility of human nature to unusual, listen to this little story of a want to have an opportunity to boast condition which exists in one of our and some of the city administrations Utah cities. did boast of their cheap and efficient Some twenty years, ago a city hall administrations. But they didnt tell was erected in one of our cities. It the taxpayers that they were failing to cost $52,275.15. Since then administrameet their obligations. tions have come and gone. Each one The interest on the bonds was workhas publicly prided itself in the low ing day and night. Finally the bonds cost of city government. came due. Again the officials looked Finally the good citizens of that into the city treasury but it was bare. Once again the old trick was turned. town decided that the old building was New bonds were issued this time at getting a little rickety. They desired the rate of 5 per cent for twenty years. a more modern structure in keeping The last bond issue on the engine does with the growing city. not come due until 1938, but here is Just at this time some rather the story in a nutshell: taxpayers thought they would make some investigations to ascertain Principal paid on fire engine $1,000 Interest paid on fire engine 14,050 whether the old building was paid for and how much it had actually cost. 15,050 Confidentially, this is what they disStill due on engine, interest covered: and principal 8,250 There had been paid out as interest $155,-00and on the principal not a Total $23,300 single cent! But where is the engine? Were there not provisions in the Alas and alack! that has gone to the bond issues for Interest and sinking scrap heap some twenty years ago. In funds? Yes. Had these terms been all, the little $6,000 engine has cost complied with? No. Did anyone know $23,300. It will take fifty-fiv- e years about it? Perhaps. Did anyone care? to pay for it. Those who ever saw the Apparently not. Will they build a old fire engine operate and who enwait and see. joyed its service are under the sod. new city hall? Lets What would you say if you were a Those who will finish paying for it will know the engine merely as an untaxpayer in that city and the proposal were made to you? pleasant memory. This is not an exceptional case. No, we dont have to go so far from Unfortunately it is typical. It is so home to discover the unpardonable easy to borrow money to float munpractices which are resulting in the exicipal bonds because they are tax present burdens of taxation. Heretofore the individual taxpayer has been voiceempt that there seems to be an irresistible yearning on the part of city less and powerless in the face of these administrations to borrow money in conditions; but today, through the large amounts because it becomes so Utah Taxpayers Association, organized easy and at low interest rates. Easy as it is fourteen of the largest counties money leads to extravagance, loose of the state, the taxpayers protests financial management and to a rapidly will become vocal. Whether it is a fire engine or a city hall, the taxpayers growing burden on the taxpayer. It is estimated that the debts of our in Utah are now in a position to give cities are increasing at the rate of one expression to their wishes and to make This is Miss Rubens first appearance in the same cast with Conrad Nagel. Among the pictures in which Nagel has appeared are Little Women, The Lion and the Mouse, with Alice Jayce; Red Head, in which he played opposite Alice Brady, and in Marshall Neilans Russian drama, The Ren- into the city treasury, all they could . sub-divisio- dezvous. SUPER VIOLINIST WILL APPEAR AT TABERNACLE Jascha Heifetz, violinist, will appear at the Tabernacle Thursday evening, January 8. Heifetz began to play the violin at the age of 3, his first teacher bet. ing his father, who was a noted At the age of six years he played the Mendelssohn Concerto for the violin, and he gave his first public recital when nine years of age. He has appeared in the leading cities of Austria, Hungary, Russia, Norway, Sweden, Denmark, France, England, Scotland, Australia, and he is now touring- the United States, creating a sensation wherever he appears. In Japan he was showered with honors and eulogies and acknowledged the greatest violinist ever to visit the Far East. violin-.(Xis- Mr. Heifetzs violin was made by Joseph Guarenrius, and is extremely rare, having belonged to Wilhelm j and previously owned by the famous old teacher, Ferdinand David. It is valued at $4,500. Mr. Heifetz is a book collector and has one of the finest libraries in New York, where he has many fine and rare first editions. you say, Not a bit. That is exactly what was done by the city fathers of a little hick town, according to Mr. James E. Boyle, Professor of Agricultural Economics, as Cornell University, reported by him in a recent issue of the Nations Preposterous! Business. Mr. Boyle goes on to say that the city dads decided to buy a fire engine That wasnt But listen to how it $6,000. In the first place they had to go in debt for the engine. Following the Au precedent they issued happy-go-luck- operative, helpful manner. They will be in a position to lay facts before public officials and to lend their influence for economic and wise administrations. . Isnt that rather comforting to you, Mr. Taxpayer? And will not' our officials welcome this intellipublic gent n? giiiiiiiimiiiiiiiiiiiiiiiiiiiimiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiuiiiiininiin,,,,;. 1 c 3 Latches Cafe I Main and 4th South I s I SPECIAL CLUB BREAKFAST I I 6 A. M. to 11:30 A. M. 25c to 50c I J COMPLETE DINNERS 11:30 A. M. to 8:30 P M. I 40c to 75c Short Orders at all Hours 24 Hour Service We Serve the Best the Market Affords 1 5"1" '"mill Illlllllllllllllll iiiiiiiiiiiihiumJ Illlllll COLUMBIA 0 HOW PEOPLE PAY $23,000 FOR $6,000 FIRE ENGINE much money. worked out; ns their Influence felt in all administrations throughout the state in a co- in-quisti- ve - at the price of 9 Trust Company Specializes in corporation trust work, in addition to which it is authorized by statute to perform the usual duties of a cor- porate trustee, such as ex-- e c u t o r, administrator, guardian, etc. COLUMBIA Trust Company 125 South Main St. Salt Lake City. y These bonds became due at the rate of 7 per cent and ran for fifteen years. When the bonds be came due the city had paid out $6,300 in interest but the principle hadnt been touched yet. When they looked bonds. UTAHS MOST POPULAR :jiiiiiiiiimiiiiiiiiiimmiiiiiiii!iiiiiiMiiiiiiiimiiiimiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii BALL ROOMS LAWYERS AND LITERATI. Have your doeuiiicntM anil maim- Mcrlpt translated la SALT LAKE Dancing Every $ 1,7 1 ANTONES A JIIART1IAK1S Ili one Was. 0503. 320 Ness Rids:. Legal Papers, 1 Tuesday, Thursday, Friday, Saturday East First South 15J Wednesday, Saturday (Formerly the Imperial) FOLLOW THE CROWDS Americanisation. KOOK GARDEN, MAKY LOUISE. MEADOW MILK DKEAMLAND ASSORTMENT MIDVALE Dancing Every i Huy MlS CHOCOLATES l'ur CIirNI iniiN McDONA 1 GREEK 1 i I I in I j. mill oii( tirn, three JIoxcm Where Cniuly ta. In live-pou- nd Sold. McDonald Suit Lake CHOCOLATE CO. New York 1 miiiiiiiiiiiiiimiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiimiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiu- - fliiiiiiiiiiiiiiiiiimiiiiiiiimiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii'iiii"iii"i"i"i'i"""""" 1 |