The Davenport daily gazette. [volume] (Davenport, Iowa) 1856-1869, 1857-05-16

lOoo Of U3UOuVO, OF which sum OloJVuO
) 20 be devoted 10 fhe erection Of City
Hospital, oSt.OoO Tor City Hail. $780, 900
or Wster Works, and oi00.ooo for the
opr wement Of the streets. &c, OF the city.
This 10 . question most seriou-l, affecting
'ur interests As = city. and should be dis.
:usssd and acted upon with toll view OF
t. appearance. While the SUBJECT Of ~
roising our city in deb, 81 tie heavy
mount Of this. in loan which gannot per
haps be secured under les, than ten per
cent, end must result in heavy increase
OF our taxes. should incline tn .eau,lOus To
serious consideration. the benefits TO the
city and community promised by the con-
tcmplAted Improvements to be made through
this loan, are Of such immense Importance,
that we think there should be "a hesitation
in 81 ,Nce carrying through the loan and
com.e ncine speedily - possible the great
works.
The prineipaI arguments used by those
opposed TO the loan are, hrst. that i vii
greatly increase the taxes. Thnr Is an ar
gument directly affecting all proper.y-hold'
ere. But the question should b. With them
simply. would no, the value 81 Their property
be BY the improvements contemplated under
the losn, be proporiionateiy much greater
,asy sased than the increase az their taxes
CoulS they not better aHorl l. pay even
three times their present rates - TAXATION
than to refuse TO adopt those ",cnns which
are almost CERTAIN 10 ,nrrea-c the value "
their property twenty five per 'e"t Some
property holders take az entirely won.
view OF this loan question. They appear
10 think that they. being III" owners Of
property and the real or heavy tax payers.
are to be the sufferers by THIS loan. while
citizens no, property holders are allowed
the privilege Of voting away the property Of
Others. Nov. proper,y.holders are the
very men to be teneaiied by these improve
menis. II there 10 any benefit to arise from
these public works, end no one can doubt
bat thu, the city aud people and all bushes.
Interests will be immensely aided by these
improvements property holders are
the very men who are to receive the great
sst advantage from this loan. Indeed, as
thiaes are now, aud with the croaktng
saong certain persons who are predicting
Q sevuision. and In the face OF facts aud
reason insisting thu, We have arrived a, tbs
pinnacle Of our psosperi,y--ae do not SCI
h0w psopsrty.holders can well refuse I,
take stsp which mus, q, once stol oil thu
croaking, and render such predicts ions i'm
possible. II there be any doubt az to oul
future prosperity or continued rapid pro
rsss, the improvements 10 b. made undo
this loan will release us from the incubus
Of such . feeling. We can we'll afford Il
pay higher taxes in view of the gres, bene'
ats most certainly ~ be derived from ths
prosecution OF the public works under con.
sidssstioR.
!, 10 urged siso. .ha, IL this loan ,s secured
Il will BE- sqasndsrsd. Tia, i. simply no
aseusas nj 1t ell. " II II il, II n,.ghl be urged
in every csse where . largo sim OF none,
10 TO b devoted to specified purposes. Tn.
same argument would stop OF clog oil pub
lie enterprises. Without confidence W,
can do nothing. Ia this case. we know
Just who are responsible aud how to hols
them 10 their responsibility. Those through
whom this loan hes been Submitted to !
vote Of he people, will surely. IN view o
their own characters and ne spsnsibility, ses
that the money raised under the loan Is
properly applied TO its legitimate purpose
and to NO other. There viii BE- thousand.
VI eyes upon this money. brrausr ~r ar
ell deeply and personally interested in tn.
proper appropriation oil this lund To lie spe-
ciac objects. We have no ears that i will
be squandered.
There 10 another obJee ton. hesitsttoe
relative 10 pii,ng this heavy debt upon the
city. We venture ~ say taere j. no cits
old or young in the Mississippi Valley, whiei,
can better afford 10 assume a debt OF tia.
amount Vi this. os they are 4 present CT
suastsnced. than Dassnppr', nor city III
which similar works intended u be prose
cuted BY such loan, ar are n~eded Ia
progress. We have nov literally ~ puhh.
debt, for we hold 10 our h,hd- the equiys.
Lent Of that which NC osc. No city coald
we'll be in = better position u assume a
1ebt Of this amount Tor lie ow a inrros emeni
thsa Davenport. Why. the'e Is not CIT.
o. the Upper Mississippi ssa'rels. but thai
hes debt VI twice this atnunnt-an il j.
their tree policy To have such debt. IL u
hos been contracted To a..,., their own
psogssss. There are pubic works aetusil,
dsmsa1s1 for continuanse u oar prosperity
We have capital in the iorm II credit. aus
Il y most absurd policy Mt t. use this
70 secure what We really canno, do with
oUt in justice 90 ourselves a. a community.
There 10 also an objection urged, thar
this money wIll be expended Tor the ben III
or cert u localities q the expense Of other.
Thls objection hes no reasonable foundation.
The Cssnsii. through ~h'eh body the im.
pe0veoeats must be made, Is represents.
ton Of the whole city. aud Tie interests Of
svesy locality have their representative 10
~ CeUacil.
These are the sum and substance NJ the
objections TO the loan. Troy a,aoun, 10
but LITTLE, while the advantages OF securing
Thu loan and u once prosecuting the IN
pssvsossss designated. ar literally lnesleu-
lsbls. Vote for this loan, and in a brief
epeee Of time we shall have all our prince.
Dal ., sssss hssasoseIy gsalad and ,4acau.
soissd. City Hospi,al ana . city Hall.
asl Wsasr Wosks. Vote against it. and
shs pesiietiens Of eroskcs will have
promise u realization We shall lag as .
city sad - : community we shall tall
bsAasA our aeishbering cities instead OF
keeping In lAsir front and the spiri, OF
soseU ord enterprise IL our midst will re-.
seivs blsw frsn which il msy never re-.
eovoe.