Los Angeles herald., 1892-10-27
MR.. HELLMAN's POSITION.

A Plain Statement of Fact From That
Gentleman.
The following communication ap-
peared in yesterdays Times, and needs
but little comment. The attack on the
gentleman who writes the letter, and to
which he alludes, was entirely unbiased,
and was an insult to man who has al
ways had the best interests of Los An
geles at heart: u
EDITOR Los ANGELES TINES: In an
anonymous circular put out by certain
water bond advocates, and headed, The
Evening Express Water Company, oc-
ours the following:
''Tbe largest stockholder of the City
Water com pany is today a resident OF
San Francisco, in the person of l. w.
Hellman. Ali over this city this man
has erected one and two-story buildings
and collected big rents, and has stopped
the march of progress in every direc-
tion."
Mr.. Hellman is absent from the city
which was for so many years his home
and the scene of his useful efforts. His
home is now in San Francisco, from
whence he has written the following
letter to the Times:
The NEVADA BANK OF SAN FRANcIsco.)
SAN FRANCISCO, CAL, Oct. "a, 1892.
To the Editor of the Times:
have received through the United
States mail an anonymous circular,
which, l am informed, has been dis
tributed about the streets of Los An
geles, in which it is stated that the edi-
tor of the Evening Express has been in
San Francisco lately, and wherein it is
insinuated that l have influenced him
to oppose in his paper the proposition
to vote water bonds for the hill portion
of Los Angeles. As matter of fact L
have not seen nor spoken to any one
connected with the Evening Express
Tor at least two years, nor have written
or spoken on this subject to any man
connected with any newspaper in your
city, am being attacked by some one
who has not even the courage to sign
his name to that miserable sheet, or
whose standing in your community is
possibly so bad and insignificant that it
mar be best for him to leave his name
off.
My interest in the Los Angeles City
Water company is small compare with
NY PlOpClty AAtCiCbt tucT6. L lave al
ways had the good of your city at heart.
and think l have given ample proofs Of
that; maybe not in the eyes of the
boomers, but l think in the eyes of the
better class of people.
Ii the owners of real estate on Main.
Spring, Grand avenue, Figueroa and
other streets, who are now literally sun
piled with good drinking water, desire to
20 % of tho 70 <f
year to supply the hill portion with
will not do it without protest nor with
during another time when these same
would have ruined every financial
institution in Los Angeles, there
by retarding the prosperity of our
beautiful city for 20 years to come, and
when at loss to me of hundreds Of
thousands of dollars in interest which
could have made at the time was then
likewise attacked by this unprincipled
set of schemers. l again say, beware
The debt of Los Angeles city has been
increased and is being increased at and
to fearful extent. Our taxes in year
or two will be very heavy, as the law re-
quires not only that the interest of the
debt must be paid, but also one TWEEN.
tieth of the principal, and which law is
mandatory. Real estate will in conse.
quence Of it again decline and business
become stagnant. This scribbler saws
that / am retarding the progress of the
city. If he will take the trouble to in
form himself he will find that have two
and three-story buildings, some quite
costly, on the main street of Los An
geles, and that am now having plans
prepared for two large business struct-
ures which l did propose to erect this