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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - February 7, 1920, Lethbridge, Alberta Financial Condition of City ofLethbridge A reply to Mr. Angus Lyeli's article in The Toronto Saturday Night of January 31st 1920 to at about }AT, on basis We do not believe la borrowing Mr. Lyeil says: 1. I.ethbrldgo has strengthened its position especially with respect to bor- rowing. How could that be 'unluu something was done to restore con- fide nee If confidence Is restored lhan the ellj' -mutt have 'done something 'worth while. -Mr. J-iyc-l! says: 2. The Jjsyor.majies.a few aujises.- Ucns iowatds improving 'cohui'.lonB. Don't sec (hat Jlr Lyell has nia'da oiie. Why write nothing helpful lo sus- r-f' Mr. L'yeil saysf S- Compares mill rale o't 1311 "with lots; Why not tell us that thV debt in 1811 W1S-J044.645.W whtio in.ieiS It was. All practlcallv created 'in 1910. and 1911 ,biit ;not're- iiulrrng any funding until after 1912 mit required increasing' fund until' tlcally making the Mayor the absolute 191S. In the moantfmn considerable debt In.lhc .shape i.ot instalments and olher bo'nds have' been paid 'bit.'' 4.- Mr. Lyell tails lo consider, war. conditions, '.hat .wages had to be rais- ed close upon ICO per cent, or even more and than with it-fill- when rale and assessment (the compliments of each and other things are con-! eldered the taxes paid by rate payers Lcltibrldjo are not higher Ihan Ir. on sound basil which guartuteei us proper 14. We no objection to Mr. Ljrell's.crltlelin) but we arc very sorry tiat he has not advanced some thing better than we know that would help ue. 15. Mr. Lyell has lots to learn yet about two forms of Civic Government, v'ii., Straight Commission and Com mission-Manager. hava had the first In Lethbridgo since the first 1914., will, say that It has no given good'resultsJVBuHt has a fe weaknesses which couW be eliminate! aijd IHj form .strengthened by some changes. Whether these changes .would load to'a new slyle of the Com mission-Manager form' or strengthen lha Straight-Coininisslori form by prac- exccutlvo head :is the Question, but 1 xlo not think for a minute that tho Dayton system as it stands now would be -an improvement on our form, es peeially for Ihls city, but an jmprove inonfon the Dayton form might be nn improvement on our own form. Lyell carefully !-tudied for Cities" really means? Definite powcra from a prov inco lo a munlrtnallty If Ihey are wide IRRIGATED WHEAT PRIZE WINNER FOR FARMER J. F. Anderson, Jr., Who Won Fourth Prize in Grain Growers' Guide Acre Yield Competition, Tells Herald Readers How He Grew 60 Bushels, 27 Ibs. to the Acre Won Bulk of Big Prizes of Three Western Provinces. BISHOP NOT COMING The Bishop at Calgary, who via due to preacU St. North Lethbridgs. oa will not bo able to do BO, being laid up with a severe cold. _ ._-, .._ the 'City of Toronto. A len thousand! enough to be" worth while are mislead dollar hoiise in Toronto. pays the sa.mcl ing- Councils In the West liavo look taxes as a ten thcnjaand dollar house j ed' upon the powers anil privilege in -Lethbrldge. The bond buyer in ('granted by the Province in Toronto knows this and lie is no! as sminii as long as they slaye-1 within chump." them. they could do no wrong.1 Ot 5. -'In nult'irisfup Iho state of afj'air.5 know, all Western Coun of the City of. Lyell I or People' rather, got a rude has just recapitulated, .statement No. i 1 of'the Audit whereas H he had really; V" tlitt' other hand-It the cilitens wanted to put up the-wjiolo case drawn, their charters nni] would have recapitulated -statements; U6cm responsible for them In the final enough space lo but they analysis they would have been more of Lethbridgo has through sur- tho oiinorfuully hi narrow- was the view that tried to p USES In current accounts always pro-. afllly tho r, ht lh to vided for 2o per con! of tho city govcrn nsolt. A groater amouut 0{ lots falling to Ihc city .at tax .self-government in cities would in my Bale: Unforliiiiatety: for, juWmcni'he an'eciual blessing, lean- years has disappointed our ex-j rlotfconccive Jinything more withering !L i 10 r.enl of a city than thai a farmer member of n parliament who lives 400 miles from any city anil 800 miles from Lctbhridge should have per cent is l to fall to ,'lhe city, but. tlic .City's Govsniiiient provisions wore pretfy good" considering' evo'ry- to a voice in savtog what but ,io or shonM not do with her tax situation. In any case, a people linve.a right to what (hey want, eren lace than doubt pill meet them. Lyell says: common deht ijiiit and Vcs, falk'ia' canfia tak tbe breeks rsfT a hoilund-f Jlr. would Icir thinks, i while he has no responsibility hi the t mailer, ho u-ouid soit crcrylioLly ;m facts sire if had followed j ii it Is bad government, -.Yours W. D. U HAKDIH, Mayor. liis plan wo would have ruined who. are now meeting- their obligations; and have rulues! othars who arc trying hard to get Etinarcd nrmmd. f 0... If there-had-heen a goad crop iu' 1919 fn'tho Lethbridgo District ihel aspect would bs enlirely'tliftereiil day. i ID. What is the matter with the .Sinking Fund? It Is Iruo it is COO.OO In unpaid toxes.hul asainst (hat there are tax arrears, can collect 50 per cent, wo can pay up.' But that is not all: wo have a surplus as po.r balance sheet No. ot that.can converted Into bond lo either place directly in Sinking Fund or converted into cash to be paid over to the Sinking Fund. 11. surplus is a.panerone hut as such it is a lot better lhan a sum which it could hy u iitlle poor niahaRe.meht have been. 12. If we could collect all our as- Rets.wc could pay nil our liabilities and have a very handsome balance of shout the awful times we. li'ave.Epne ttef'is not-too'bad.' ;i 13. Mr. I-yellls prone to censure us for our debt and manner of dealing with it, v' The large we af- ter Ml not ve'ry iriuch of it could'have Ijaen avoideil. We had no business in tne Street 'Knihvay liul thnt-wan >nly IMI Incident which it is true- cost the ratepayers now'a mills on t'nts tax rale annucliy to covor dp.ficit equal to the .overhear! chaises. We madn nn other spacioufi blunders.. A little, more economy mlfiht liavo hrran belter iiut ft the whole herd breaks loose It lakes a lime to get It corralled again. All western (Jana'da broke- loose bnl woulrt cvqn-ilr. Lyell wish lhal it had nol and.that the great wosl were back at the spot It was before; it broke loose. 1 trow noL What pioneer esi'.Dlvy has not been required lo spend, in building Us towns and clUes, more money lhan it could afford at tho time? But that same over spend- ing eventuaLett into" great and fabul- ous .wealth, In due time. Money lenders have lllfle to fear In the Vest. Today the provinces, cities, towns, villages and lands have more lhan'.n ratio of 10 assets to one liabil- ity. Only patience (3 renulrfid. Wliy not iiMig'ago ruin" was Iho'only cry about the west, and in loss than Ihrcb years after tho Bankers, Trust Companies and Money Lenders were unwilling to let Iho fanners pay off their debts to them. The same will happen again shbrtly. Tills city has not borrowed anything like .Iho amount the market would give it, ami when it borrowed It did For Schetae LefhbridgD Northern Bond Plan Slraw Vote Stands at 138 to 6 Vcs, T38. No, 6. That Is the way the straw on the Northern bonding proposal stood on Satur- day morning. About replies came in the only ;three of were agairwt the .scheme. f .Th's is a percentage ,of 96 In of- the jchejie. sending in .his card "Yes" one ratepayer said that at compared with proposals of othtr sections of "a "ralrimakeVi" -looked quite and would beVcheap acre. Even three or four rjlny crop stasont wouldn't G. N. R. LATE AT SWEET GRASS The Oreat Northern, cpniic'ctlng with the C. P, n. at Ora'ss, was, for reasons al prcsenl unknown,