The gas and electric plants were also bonded, but those were private debts payable only by such as availed themselves of their advantages.
There was no way to avoid assuming these public debts if we continued in the old city.
Some of our enemies, later on, set up a howl against what they termed our immorality in running away from these obligations. But they were not our obligations. We did not make them and we certainly had a right to live outside of the territory affected by them if we chose. In competitive cities business enterprises and persons of integrity and fortune usually locate where the public burdens are least likely to rest heavily upon them.
While Boise City, that is the collection of town lots, streets and buildings bearing that historic designation, was blighted, the collection of people who had done all the work of building it was immeasurably improved by the Co-operative accession. A new Boise City had begun to grow up on the commercial ruins of the old, but the Boston, New York, St. Louis and Chicago people who held large tracts of land around about and in the city were not benefited by this change. New Boise did not help them. Indeed, their land depreciated in price daily.
The banks of old Boise all went into liquidation and made frantic efforts to collect their debts.
Money loaners did the same.
Insurance agents either fled from the blight or came to us.
Saloonkeepers, speculators in land, dance-hall proprietors, persons whose methods of gaining a livelihood were illegal, women of ill reputation and gamblers all departed for lands unknown.
From the competitive point of view this hegira was regarded as a fatal blow to old Boise. Useless as were their occupations to the production or even distribution of wealth, they had been deemed necessary, because they lured money into the city, and this money, being collected in fines from one class and taxes from another class, went to help pay interest on public bonds. Many a pious holder of municipal bonds would be shocked to learn that but for the toleration of criminal and disgusting practices in the bonded city the bond would be well nigh worthless. Yet such was the case.
The Legislative Council of the city of Co-opolis took full notice of the situation at Boise and after visiting and viewing the city felt and expressed great pleasure. It was our first venture into a competitive city, and at the outset we had entertained some misgivings as to the probabilities of a success. But the seeming necessity of providing accommodations for a Co-operative Legislature forced us to enter Boise City and the results were astonishing. The profits were immense, and it was now evident that the co-operative system was not only a powerful developer of a new and hitherto unoccupied country, but that in very truth it was invincible in the very center of competition. Honesty, justice and fraternity, in combination with industry, were unconquerable, and left no room for the gambler, the speculator, the panderer or the drone. This discovery having been made, the Legislative Council announced its purpose to place a department store and hotel in every city in the state, but to proceed cautiously, so as not to diminish the annual dividends of members.