El Paso daily herald. (El Paso, Tex.) 1881-1901, 1897-12-06
BULL
DOING.
Turn the Chip Over and Find
a Large Bug.
MAYOR MAGOFFIN is MAD.
The. Prospective d f at of thu Pet
Schome If Big Injun'' Charley,
Great Medicine Man. joey and
''TOm-tOm Beaten" Juany the
Cause.

mOVlP. GHe ClGy udJl uO near GuS Cou'
house add fiji ing the city treasury tina
there may be no need of pushing deliL
quent tax payers to the Inconvenience
of paying up.
The following interview, no doub
prepared by big Ipjun" Charley be
fore departure for the west aud likely
rewritten by "Ton-t"m Beaten
Juaney before LEAVING for the east
apparel in yesterdays oracle of thu
aborigines. AS it is first-class anti-bonC
matt .r it is reproduce her. the Time
says:
''If the election next Tuesday re
suits in the defe,t of the funding il
de btedness and city hall bonds Ell Pass
will receive blow toaL will be keenl!
felt ty every interest in the city, anc
real e ,tate especially will receive d
black eye from which it will not re
over in two years. This is no idle
propt esy as the following Interview
will Mayor Magoffin will test "
1t taen gives the following as the ut
terapces of Mayor Magotfip:
Ell Paso, that my reason for recon-
mendiug the issuance of funding in
debteG ness aud city ball bonds Was
two-fold, and my recommendation was
made after the matter had been care
fully canvassed by the coun il and
some OF the principal tax layers of
the city.
''First, 1 believe tina: the city's finan-
cial ndit!OnS are SUCH that their
economic administration demand the
issuance of these bonds, as l will eX-
plain to you IN few seconds. And
my second consideration was to keep
the city abre aet wi h the tide of pros
perity E Pa,o is now enj y ing; to give
substan i'll evidence to the weird that
We have confidence in our city's futUr,
ard at the same time let the evi ence
be ia the shape of improvement # q
really e:oaonic character, JLa5 will
enable US to curtal our expenses by
paving cash for everything. On &C
count of an outstanding Indebtedness
created, or 1T least left, by my prede-
cessors, we are now paying premium
of 10 aud 20 per cent on all scrip is
sue1. For ins' ance, the other day we
issued 81 In sc lp fOc oil we could have
bought for ST. 80 with cash The re-
GUAR monthly pay roll of the fra de-
partment amounts to $40 cash and we
nave to i-sue 1922 % in scrip every
month to set lie with the fremen. Iu
that one item, you see, we are paying
monthly premium of 1922 on our
outstanding indebt adness. Then we
pay d premium of 10 per CO Mt each on
on ev rytning else We pay fron 10 tt
20 per cent. Thereforeany sane man
can figure it out where we will land if
this paying OF premiums is continued
much longer. Say that our actual eX-
peases and N cessary improvements for
year amount 10 500 200. Well, a prem
ium of Is per cent on that amount of
scrip would run the sum up 10 SI4, 100,
the premiums amounting to 50, $50
l. a., h~
only amount to 81 800 per annum. Can
there be any doubt then as to the
funding of our Indebtedness being a
matte of practi al economy? And l
contend it is mater of absolute ne
cessity that the city own its own city
b Ill building. In the lat niue years
the city has raid cut over $4,000 for
city hall purposes and has nothing t.
to show for it.
''Expscta,ions that the funding in
debteduess bonds would carry caused
city scrip TO approach within eight
cents of it's face value last month, But
if the bon Is are defeated, in the face
of the courts declaration that we can
not co lect the taxes on our school and
sewer bonds. then city scrip will take
a tumble down to about so cents on
the dollar:if we should cout nue. en- the
old line we must have to issue $3.50, 900
of scrip annually to pay our running
expenses. But l want to tell you that
whether the bonds carry or not ext
TuesdAy, 1 am determined to run
the CT y on cash basis a I'D ana con-
fdent the aldermen will stand by me
in this determination.
''In order tt re ach cash basis, in
case the bonds do not carry, we will
have to resort to radical me isures.
Every dollar of money thas can be col
lected viii BE- subject to running ex-
renses and outst sndiug warrants will
b aye to remain outstanding until delin-
quent tax payers will, by paying their
taxes enable US to getahe I'd. My first
move aft err the defe at of til e boz ds will be
to secu' the conse nt'of the city council
to rent, for city hall purposes, the
third floor of the court house. 1 don't
think the county comm issiOnsrs would
charge us more than $50 per month,
and the money would be going to the
county for tie ber eft of the tax pay
ers, in tead of beng sent out CT town.
Then with $500 or $1,000 we could build
7 ice adobe he adquarte r, for the fire
depar ment on our government plaza
above. the S p. track. We woulr
have to do away with all of our paid
6remen except tt e epgi Err and driv-
er of tie eng ne ard sell all OF of the
horses exc PIT unc engine horses, ID1s
would give US saving OF $1,000 the
first month, in the way of sal
aries, horses and 10 S, feed
A return to or old fire d. rim Mt
ystem of 1880 can be easile made wi b.
out mourning increased iusurar ce
rates, FIR the insurance companies
have made no allowance for our i'm
proved fire fighting service. We can
cut off some of our cleo
trio lights, reduce TIE street
sprinkling service to one wagon for
The business portion of the city, shut
off street provements for awhile and
cut the police force to ,hr men. This
wou' bring US down to cash running
basis and then, to pay off our outstand-
ing obligat ons and keep our schools
[ should be in favor of levying, for
twoyea-s az least, the full limi, of
taxation. by making j. 200 cents on the
800 You need n sui for l am in
dead ernest about raising the taxes
az d we will do it this year, or ra'her
for next year If it becomes necessary.
as fear it will. am determined that
no NOR city scrip sha all be issued If |