Newspaper Page Text
m nil-: salt lake tribune, Sunday morning, November 3, 1012. ;
Ity . , 11 H r
I Banks and State Funds
II State Money Loaned to the
H State By the Favored Banks
if Admissions of the State Treasurer
H in Regard to the Bond Sales
H Authorized By the Last
B In defense of the proicnt method of handlin;; sUto fundi?, life state Iroab-
H ur-r says thSL "tbc itnte bas bencfitod" by renson of Ins policy.
HB In cxnJaiiUtlon of tbis claim ho tays: ' nnM 1
H -When the Int Irrislaturo authorised bonds (amounting to nbQ,00U)
personally interceded to have the rate of interest flxo.1 at -J per ecu ami
B Told cverv dollar of then, to tfan very banks which hold the fctnte depo s,1b
B' TlifcmeaM that ccrtaia favored bai.Ua took siato funds whinh
B J'fldin? on depofut uwl loaned this money to the stale at 4 per cent a. car.
B It ui cans nothing eke, for irken the banks bought those oonda tbc had
HB iiifficiout -Utc monev oa band to make the purchase. ,1(,.nMi.
B Vet the bnnU pay the stale nothing for the use ot this mono, ...though
B thev rharprc when the tiUitc used it. . ,,....
H What kind of business is that from the viewpoint of anj . txp..j cu
B What Liu ineYfi man. or farmer, bavin- $10,000 id c money in "
B 2o to I bm bank and borrow $10,000 and pive a n.ortgapc on Jits homo bea.iug
B 4 ThbondaU ortsffr on the people, property. They Jn "P"
R ovcrv tn.vpaverV home. The have to be paid, together with I ho
Wm draw The hank ffit this interest, although it was not their money .vliich
B the? loftoVd. The taxpayers of Utah pay this interest, although the money
l Tiixpavirs aro no doubt vrondcrinc why it wa necessary to bond tho state
oi'cn the state had a mUli'Hi or more iu the treasury.
HOW THE BONDING WAS DONE.
After the' late H H. Ifarriman died Ihe iiiheritancu lax law of Utah was
invoked and a claim was promptly filed apaiiist his ciitato.
For Wan' uiontlis the state officials of Ltah were :twurc that this collcc-
tiun would be niwde. ...... , t.,,
Tor tovortl ircoks prior to its payment these ofncials knew it had been
flIl0X0M Ihe 1st'. of March, mil. the executrix of tho estate mailed, :ir New York
Citv. a efieel: covering this tax to the unite treaHiror ol Ltah.
On the Utk of Mareb. 1!)11, this, cbccli for &,;. IG.S was received in b.Ul.
At the time the Hieek w mado out and muiled and its coming was
HB known to state ofliciaK two bills were pcudiug in iho Utah state legislature,
wbielt was then in sesjii.jii. ,
. Une of theie bills authorised the bonding ol the state for o00,000, the
other r.uthoriwd hondius for $2t3U.OOU. A , , ,
B Tbc bill which authorired a itute bond issue lor $300,000 was rushed
HB throuch and approved bv the povcrnor on the -lib of March. 1011.
H The bill Hiilhorir.in'n bond i.sj-tic for S2GO.000 was delayed ;i little, but it
H i-as-xigc wjik Wo secured and the governor approved it March 0th, 1911. Tbc
B chock was then dToitcd. . ..
For fear the legislature would refuse to mortgage the tntc for $ob0.000 it
HB the banks were known to be already handling nearly a million without paying
for its E. the deposit was held back uutil tbc last bill for tbc bond issue
B nn:- approved.
Tlondy arc often C5scnti.il to tho piOHCOiitioii of public work and the orce
WM tiou of pMblin iniprovcinent'. But tho merit of such work and sm-b improve-
menlH bnijd be jcffirieut to call for the approval of the people.
B fhnuld nor be ncccsjary to dcreivc the people or tho legislature m
B order to borrow money.
H SOMX1BODY IS ADVERTISING.
H "The thing the Hepublican state administration bns dono for the state,"
BBB is the j-nbjct-t of uu advertisement now riinniug.
HHH Wlio rau be more interested in a continuation of the present fluancial pol-
BlB IC-V '"an tnft bankers who enjov the use of tliea' funds.
HBH Aside from the office holders, who draw .salaries from tho taxpayers of
HB ,nc l'' and en.joy the suppoit of bankers who invest in state bonds, who
BB 's nterestei! in tlicir plan of goromment more than th'e'ie samo bankorsl
BB "Vote for proh'iierity " ' runs the advertisement, and the-bunkers. who enjoy
BE r f"r1 ,lsc "t:,' moncv :ip)daud.
HB "'"ote for j-invcAS and u wiw adininistration. " say Ihe offi:o holders and
- their backers. WiFc! Yes. but. the. taxpayers arc alio getting wise.
MB STATE TAX REDUCTION.
B Ry r?ifcins aluationfi on everything except sheep and raii?rays, flic state
BH a-lniinistration hns been :i bio to make a bluff at tax levy reduction.
Bfl 'L s n hollow pretense, as au business man who studies tho matter knows.
Road what tho leading Spry newspaper supporter of' Utnb said of this
HB buiiuos in :in editorial of August .'trd. V.U2:
BHBB "Whr. then, drecptively 'and foolishly in.siyt that the burden of the -talc
jBflB gf crnmeut has been reouecd'? What cb'jio is there in undertaking to exdoit
HH a nbehood uf this kind? Kery thinking person knows now that there ih
HH no -eduetioH dcrecd in the burden of Mate, taxation; on the contrary, .in
HHH imrrar. "
BB state land board.
HBI 'c l"tn,, PuhI'c li exceedingly anxious to know something about the state
HH laud board.
Taxpayors arc wondering why the Ucpublicnn governor forced these par-
BBi tienlar appfdntecs on the public payroll over their' repeated rcicction by He-
BIH1 publimti fetale senates.
BB If there any ecet abouL it. the public would like to bo let in, as jl
HHk ' the bilir juxI bears tho brunt of all mistnkes.
B Wiv rxu'l the lN'publii'im jmrly, to .nv nHiing of the "eiier.nl public e.
BMB ro a change in the jiorkonnel of the state land board?
B ( AoMTtisenir-iUj
H S,It Lake Dtatiatics
Ir-ws" -. nihllit r J7 rrt TM'rt o-ilh. N',
Witllim J. Wim. MT Hnnjth irotae. slrl.
a. K . ivi wsi n-rroot Kt i
1. U lUaiiSMr.. II rrrl. Bill.
Jn I-., turtle, r. 7M SntOk tlXb wwr. sl.J
n. "1 tj r. MitooU.
Nof3bv t. l?ll-Umll SiniM. U 1). . hoi
rllvl. I .-ejr. I '-avjli.
Kc'al Estate Transfer;.
HB nir(rrtln Otsroo Imp T. in W. IL Xir-
HIB tn. it II. SUrlf ty mMirlon S V
BH9B Horxr U X"" Ui . W. ltte.
Bln lot (. hlock . dx-trr ftt A 19
HKS am 4 s. r. I'm; io r. I.1UI. k.ri t
HmR II. blMV S3, imrr plit A. 0
HM A. n-r ts Pjmir H. NrS. trl
SjnH r.to 37 tnra,lp mmth. ubc I
HDfl HfcSfl la 'e. s M U HruaK M
Hi I- t l I. i 4M t lr 3. tMtt'
BlBHB :MlW!na )A
MHU R"4jr- i- ttUtr BtrP N. WWI.
HHh rn vm t MV iA. rt 1)
HM Nl'bvli T f V 4 fr lo J. U IHMrh.
HM riill 'S'lKr In-lr j
Hl L"lutlrh l.tTtmc"Mi ! H)roa .v. 0r'.
IBHBf Pif fitf Z. i9-aMiia ntf. ru)59 1
HB Hjiuta J .'fntrti rt il. I UMwejer ITturfc.
IWIB '- kt-k :. 0.4 mMIihIh 7r
HHH Ilir.iS llt.iaa i Ilt VKot, iK Si.
BUWiB I'I'i rMKs f
I DISPLAY MOURNMNG
r FOR VICE PRESIDENT
FtttlriK tribute to VI f l'rM(loiit trr
HWfl, who fun!nil nui li!J yeftmir.
wit pflM b- linineliK of tlio rMlcrul !e
Tmrtnjentx hare. Tlir T'tnfflc cttVHi
at 2 o'clock n1 reiiMlnoI Homt fWr tb
remainder tr ttu itav. tttticm Iti ib
CItxI ulHllnr jil.-o i lof -J in rpct
In th" ilce p.fplJsit. (1ns aUfiit lh
li vrr lowered lo !iair-ioat thnmh
oi;t tl- day.
IErpIoslou Cauicr, Excitcincut.
Tbr explOMAti wf (t Nlkn a tOtb'iireiw
tt tiMti-hlnr nl the GitBat?ycr eloaulng
pUnt. WcAt Third South Ktraot. wa
il- ovroxloti of muh ei-tMijn:nt ln-tHl-lz
a rlre fllnnn at ItW o"iloek ytfr
Iny mornttif:. ,N"o one txiious4y hurl.
n-r iri tTr a fir. rnms Irum Ih
i'rolen iin(Miiil !
P Students to Give Play.
Th itu4entH f Wftinintr tuflc.
ii i.. I or ti (1lrrtlti e Ml Iftluah V.
I.liin. Kav Uen 'oV'tiic jili.- il noti.
f H lvnil ' pi .. up-rtta. "X ,r J.p
A t iiri " h" i !-. "'In tn It j- t i
. ' 1 .a i rt.', Vn -., t.
ammirattrftHl mm iiiiiiiaii.tMggjfC;
.TOIUi E. OLARK.
ljomoeratie candidate for County Trons
iircrj is a niitivo of Salt Lake City, a
son of tho late .John Clark. who
aorrod Iho city with distinction -ah
Mayur Tim son had been a promi
noHt basilicas nmn for many ynard,
bavins rved ns Secretary of Clark,
Hldrcdgo t (,'o., WUoIesole Grocers,
for til'toen voars.
: If ohvtetl. bwill All th? position with
, rredit lo biuaulf ;tiiJ ;iiisOirtiou tn
. tb tiblie. fAdvfrUsement.)
WiiliaM U. Cook, who wfi postaitrr
3t Neihort. M&nt.. Hrit?: "I rcron:
itvnt l'olry' Hoacy M'ar t.'ompouad
tr ail my poile, nod thoy are never
ilianppolnteil with iL Foley' Honey
ii nd Tar Compouml fer eewgh nI cobl
glvo tho bout tcfrihla rwultj."
Schrnwm .Tfihiuon. Drugs.
The boy's appetite is often th
tOMtcr of umaroment. If you would
have mira an aprtite Uj1; t.hamhor
htia'n Tnbll. Thy aot oly create
x hiiil'bv Tipptitr. but ir-ngt hin th
t . loii'.i. Ii ,i I cpiblc ii , .to wi-ri.
I irx'l- . t 'i ' l - il
I 2 . crtit-1 e- t
A few of the many things
the Republican State
. Ad ministration has
done for the State
' v -
The. Hepublican Parly has provided good roads legis
lation that makes the system for highway construction m
Utah Urn peer of any .state road system, in this country.
During the past four years provision has been made
by the- Kepuhlican Party for Stale funds in excess of 538,
7()0.00 to lie expended on the Stale road system. OC this
amount $440,200.00 was provided by the Legislature of 10.11.
BRIDGES FOR STATE AMD COUNTY
Five bridges, costing $77,200.00, have been built and
paid for two spanning the Green lviver, one the Grand
Tiiver, one on the Sevier .River and one the Sau Juan River.
The various counties of the State have met the State
appropriations for good roads with provision for $279,500.
31. Of this amount $246,256.3.1 was provided in VM t and
1912. ujaking the magnificent sum of State and County ap
propriations for public roads in the past two years reach
the total of $636,456.31.
During the past two years T'iV'j per cent; of the en tiro
revenue to the Slate derived from taxation has been de
voted to educational purposes.
The State has successfully carried to eomplotiou two
large reservoir projects, and is already establishing colonies
under the projects.
The Republican Party has provided for the erection of
a Slate Capitol Building and the present Republican ad
ministration has so handled the finances of the State that
approximately one and a quarter million dollars is avail
able for the Capitol Building and it can be constructed
without bonding the State.
REDUCTION OF STATE TAX LEVY
The Republican Party this year reduced the State tax
levy one-half mill, saving to the tax payers of Utah $100,
000.00. A Republican Legislature and a Republican. Governor
placed the higher institutions of learning on a permanent
income basis; provided for the splendid juvenile court sys
tem now in operation in this State; placed on the statute
books the. nine hour law for women, the child labor law and
many other important measures for the protection of life,
limb and property.
Has not. the Republican Party met all the requirements
and been successful in its administration of public affairs?
Vote tho Republican Ticket for National, Stale, Judi
cial, County and Precinct nominees.
Vote for Prosperity, Siaee&ss
audi -a Continued Wise
i , j
REPUBLIC! JUDICIAL TICKET j
I SUMMIT SALT LME TOOELE
i For District Judges: . v , ; ,
I CHARLES TV. MORSE, ' ' " ' I
I MORRIS L. RITCHIE, j
THOJIAS D. LEWIS, ' j
" GEORGE G. ARMSTRONG, . '!
I FREDERICK C. LOOPBOUROW. . ;
I For District Attorney: ! ,
J ELMER O. LEATHERVrOOD.
IW1TED SUR3TV COMPANY EE-I
Ttomn 51. IloHrf t j I"rf.f4 :?ir'r rot.
pmr. t -in tht i irlt Lom of
t'toa tf.f pHlllon ot Ihe ir-r"r U.5 In Dim
H l thl 10-.H 43 ( Cri3hr. la li- tt
lla'tcra bwnti4 nl lrlr. fcr th rii; conrt
1. Put lVbrr. it. mi. ft h'Hr eH .
Ib 5ml dty ror V eUmn tHm In lkr-
ia crcllton of tbc Uolt4 fimiHj rfipa) : ad
I'Slr cllm fJH on or htSme hU jr m
Icls' In art 4lirtbUM of tiM Hi lb
coopaar io U ki4 v ibe crvdlicrs j U rr
rifr. 2. That n )if(.uli nniT j cntltan4l-ic WxM
or fraty K W r-Mrwtar of ar. fHarmri-r
otrmnins after tb )HS ty -t - Jtur-. uT
ball tlx i? rt to a rwbl' . uim In r di.i
trlbutUB of tfcn .t o( lb rpaar to m4
la) 1 1- cr4on t, ib rtttrr-
X. Thai Iba boMff e (MtA9tlD bmxta !
cuaraat(i lw hl'-j -x xlalaa for !m U
aa. - ta! Sjr re fervbr Itboflxnl to fj
rlaln r;tnn t matpaar f"r th ataiMt of lw
arlMoc fioai iforltt MtaaUtln bo4 : w
ralttar fat- r fir ir unwraM prnBlcm.
Jf tb boMr p( cnimiMrtiig the ttiIh
taar o rtmMrtKtUwt ar cttir voir for ni-4
rrt4 : wiM te aracer atal1it liJ i
lrh f'taw. tbft ay latai nr tba prt-)i-r.
f prrpai br4f.
. Tb.a tb VM Bf wafiti'vllae boji 3J
cavxauifaa lrf wbtfb 'Ulna tor taaa t mt
warb r!hn I, Ha4aMi"J or ikk .jan,
r-ttlnabW f ilvl Nrt" o
B r 'v rrra " e' " - .t ,i r'-r
4 ' - ..v :. j, , j rn;, . f i
n r , ' aitj- n' - pi I' - f
t r XT a' i .f ti.erj 4 in a ?v7 tt ts.i ot
l-r .i -j.-.,hp,) inrc iV fn
iihic u 'k!.e v-'W prto- N'o'.'-trnlr 15.
I lit:, tn o'ijtipr ot sfTj.al Ir.-uiiiim in'
! !! wbTln tsi l 5iiiffr '-ommnr I
na In buluri sM r.l.r hill tlri ;
mall triot4 -opl of t iU o-1t to l rrcltto-
of MtJ ton-pjor. ivl to thp lHMr of Uf tif)J. I
torti r4 C4r3l. bI til th'- I
tbr.r o fr t ailiirioM of hM T;C!tort j
b4 brli!m iivl btf flrlarl- rr aMorlalsablq
f-tn ti- nmnaaj't tob: Ihi to thr mn.t la
caaa hr Ftirh Lb4 or laraolaaa -pr l-t-4
a4rr the alrvthvt mbjwst tn thfi ao-
arnral of rnh iwurU: tmt th ooa ralpt of surn
rriatod .tf7 staa.ll st aSrt tbe viIMIt of tkU
ortftr. ' ClUS. W. KEUI9I.ER.
fllatr of Mai;lari. -'y of Baltlmnrr.
I. WllHaw V. rrmi. clK of tH r!rjl; cojrt
of (taUltaor dir. Ao b.-br '-::tr Umi tv
h-p ! a t r 'Of.r of lh ortclraj orttr no
on tn thl ofS- lit th iim thflB ri-
titlrd "Kmt H rwy)-. ( al. Laltfl rc'.
tr font-.c. l a I.
lo is'Hwwi h't-)f I h'!o t tif tmC
rod ff tt' il o' tv t5d clrrult eon-t. tMa
11U '-a: er O "r It':.
v.-y m cAnsov
fTMSCO j CaC I
Keep the Schools ana ol s
fc Out of Politics Jm
To the Voters of the Counties of Salt Lake, Summit and Tooele: K
Tho .Wm. or Utah bcli,vo that the SOHOOLfl cojjd not ha vo -fTi.jSSSj;
ami the CUURTS should bo removed iron, the field of roniovof from the' arnm ui pnrll-au MrjfSii). '
prtisau politics.-. At tlicir state t-ouvcntion thej adopted .S? MiouUl onJor upon tbe diW of ttaW;
in thoir platform the tollowmff planK: aJTnctVd by Iho bittoniosa oi' licatod oon'ro-.e.Mgf t
"Vc bolicvc that the selection of judtr.es should not, rchU) oJ- a political ranipiiqn. Thfv gx 1
be influenced bv political considerations, that our courts (,)c ypjuiou expressed by the llcralJ.RqriP9
should feel no obligation to party bosses or mac.lunes, and R .Ta(iir,tCs ,1 constant uilhicnccjn
should btand readv to expedite business mthoiit a thought. political party of whieh ho is a ir.omhoT. ibwHV
of impending conventions or elections, free to decide all j,s j 9 o), but on the contrary, they afliroi thitlbB1
eases on their merits and to disrepard the, political in- recoeiiize neither party, man nor interest in jM..
lluencc of litiant?." 0f iiidicial dutie?. ... , yaKLulL
The Democratic judicial convention for tho Third ju- - ' They tlepirn that 1 heir cloc.tion, if atUiiift.
dicial district, follow'iuc tho stalo eonvntion. adopted the tho result of the express ml ot the people. VBii
above itlauh and plo-lucd itfclf to the selection of caudi- bvany eoniderat,ion ottier than Mint ot "P'sM&j
dates tor .in-l,es without regard to their political afliha- ,eKrity. tnmX
There were placed in nomination before the conven- the oa Vh ThirS MVici! di'lnd
tiou a larpn number of prominent lawyers, some of whom .list net at Otnej ol the J 1 'J
were rfepublicans. some of whom were idenlillud with tho xK?.eortl?h?VXi -m, tint the K olBl
Vroprossfvo party and some, of whom were Democrats. po litirs ol the. 5 a '",43V,' 0 vi.I VrH I f
Out of this number, and without regard lo the politics of witjjw n'S eleot n- such Smln.it So t?9H W
ibe oomincos. the convention proceeded to selcer ticket . opportunity of e'JJP " . tS. E.
which ioclndes !:onie of tho ablest lawyers ot the. bar -t - stV'PIIFX' L KU'U VRD? fliHI1 fl
this state who.-e ability and integrity are renerally known . . ... ; . V I OLSON"'. ' 'BI
and without oucfttirm. " TiO M BON'VV
The c;indidatef. selected are fully in accord with the. - ' M'TIH'R KRv'aX'
fenlimenls expressed in the nbove rrsolution and have re- ' ;, vrpi.'Y " '
frained from participating in the. iresont Dolitic.nl cam- JJ' ' jujlfUl CfiB
paipn. It is safe to" say that men of such hih standing
Some cold weather in the very -near I
future. -jAr. I
BE READY . I
WITH A 8
II Moore's Firekeeper I
p The one heating stove that absolutely.
pays for itself the first winter.
the Saff hake :-
Ma,"0- Hardtwafe Co.
OREGON SHORT LINE TIME CARD.
, . CFFZZTIVZ SEPTEMBER 29. 1312.
C5-srt. nolly. Arrlv.
j '.iJ a. Ill . . cny Chicapcv Sn Krancltico. E'.y unci lu. . U .U A. M.
wt: mI !.; itotnt.
i..UU ii. 1Y. . Intrnrilati!ont palter. Coin ..10:00 P.M.
9:00 A. M. . Motor, Ogden. , . 5;00 P. M.
i 0-.00 A. M. . Or.1n 3nrt !ntrip.sm:. point.. . . 6i50 P. M
11 -40 A M 0vrtantl lmltx OmU. Chicago. 0.1 C"D nr
w j--. . Denver, st. Ix)u!i. . . 3:15 P. ?
P59 4 M t-0J An-lr' l-tmtt-rt-on.uhs. Chlcacx j.srs
. - -- ' " , Dap.ver. St. 7.oult. . . t .4:Q P. M
; iiu-nto, San Francisco. . . 2.KJO P. iVl
2:45 P.M.. ocdm. no!e. Portia na. Butto. ,. . 4:50 p M
2:45 P.M.. OnJn. sr. rranclnco. . 6:50 P. M,
3:30 P. M. Mctor-Opdcn, Bricnam. .. 9:15 A M.
:30 P. M.. Br,Im; Cnehj vi7. MUil - - ft '
! nJ tntrmallat8. . .ll:o0A. M.
. P OcO-n. Donrrr. Orr.ftha. ChScaro fPn-lt
i r nn T5 Tvr turninc 7 ..12:40 P. Tt
t 6:00P.M.. Motor, ocd.n. ...8:00 A. M
11:45 P. M octfen. Bolae. rorlln.1. Butf. .10:30 A
, CUy Ticket Otflce. Hotc, Utah. Te,epnone. Exchan0, .
You Are 4
rinanclallv everv lv JJ
1 suiint! pari f. v0"E ;J2fc
H not delay maUins ff.r gK
M Open an account witt ipfc-,
1 nentiil National Vw ,,SB U
I vonr money row at 1Bl!KI1
9 4 per Cent Intsrest;
I on Savings Acow
I Accounts of Hp
! Continsnta! NationiljHJ
g Salt Lake CltyMfV
1 Br! euerlln's fl