The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-05-06
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Tcl. 's lai- According - tas state
.ue1. iae t2tsi a5a3t3 Indebtedness q ,h-
greater c,;y Is 5alT s3ag, W. e73. or sls.9lo..
t@ pgs-z shs 4ebe limit Tas sppa-sa,
anars is agre nan 4ipes on, By 3D..
atao-u-s f0g Shiea thc clty SIS uAals ,o-
iae Performance q contracts uot yet con.
,leift. ard Tor liabilities gron.as our II
n'ieet opening PROCEEDINGS aud me con-
3esso4si9a o. iaaa tor park aad o.aee gug-
posss
Il 10 mose 'haa probable tia, ;hls -aMl
aaa excessive increase of the deat Il .bs
Dlg city is me rcsal. Of The very ih.nss las
10 peT cent Limit laN was desgned 70 PIE
vent !oabery ana Teoklessness and M
necessary expenditure aud get B, would b,
difficult 20 shoN TO the people 81 New
lorN mat they have even nov all ihat me,
require Tor the comior. o, the citizens aa.
the progress Of the eisy.
The truth is that me limit is too s,,,si
IN nearly all elites, from New YORK seWa
That Kind az a oas.s. TOO IS sh.fung. an,
unsatisfactory fron other confederation
In seasons, possibly. Nbea so,1e aew Il
proycment is most needed. more may BE-
large shrinkage iH assessabic values aud i,
consequence 30 tur;Asr progress POSSIBLE
Then' aeaan, some boom may go, yalyas ii,
and pernii ihe p.ilnE ~ % contracts sa,
debts THAI IN case CT a c9ilapfe - mou.a D.
impossible 90 meet. y aeot limit 4. I,
te fixed on percentage o. .axable values
the fpic shonld De more flexible an.
pSaciitasis one ta4n sazG ssaeraili
Adopted. OF ,ae lmh shoslA BE- mus,
wider
There % really iitue need o. reusoa 70,
such constitutional or statutory inhlbltioss
however Il she creation of iaaehlc.i s,ess !
let' wholly 10 The taxpayers 1t viii ~
found that all communities have suf
'ieienily conservative scntlmen, TO pre
vent ovef4cadins Themselves with burdens
bus another and equally strong safcxuar,
exists in simpcssihiny OF horreuin.
money beyond what nnanesers regard a,
safe !nit II ,he debt making power
therefore, Us no, conferred upon The com.
mon councils OF tbs politicians who usual,
run a city government. the public viii h,
reasonably projected without ,lsing arbi.
ifary ltmgs 20 municipal tndeateancas