Arizona republican., 1899-02-19
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 7 WHAT PEOPLE SAY. Z
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 F. II Greppen, Los Angeles: This
 is my first visit to Phoenix in two
 years. l am surprised at the growth
 of the city. You have made marvellous strides. I see no reason why this should net become a big city in q few years. 1 rode about the valley on
 Thursday and was amazed to see so
 much cultivated land. One who tray
 els through Arizona on the overland
 routes can form no idea of the beauty and possibilities of the Salt River val i ley. The people of Phoenix ought to 1 advertise more in the east. More peO- ] pie ought to know about this delight | ful region. I have spent several very | pleasant days here, and hope to return. *
 A. J. Chandler. Mesa: I am glad to know the assembly passed the water storage tax exemption bill. 1 believe storage reservoirs should be exempted for q reasonable length of time. The all-present question with the people of this valley is more water. No one doubts that a storage reservoir above the Hudson dam site would add mill lions of dollars to the taxable property of the territory and insure, to a large extent, the future of Arizona. The thing that clouds the minds of many,
 
 6 corporation and taxing the rancher, who must get the source of his exist ence from that corporation, and the ar gUment is advanced that no aid is eX- tended to the lonely pioneer who goes out on the desert and endeavors to re- claim a portion of it. Against that ar gunlent I will place the fact that capi- tai is more conservative than labor Because a man risks his labor in an enterprise, it cannot be demanded of capital that it do the same. Most men who have made their money, have learned that it is too hard to get it to risk unnecessarily. As for the ranch CT paying a tax, and the company that furnishes him water being exempt Il will admit that it seems an unjust discrimination. In reality though, 1t 1 is not. I do not wish this valley to be ! in the control of private interest any more than the smallest freeholder, | but l do say capital must be encour- aged to make investments. A false impression exists in the minds of | many that capitalists want fabulous | returns for their investment. Such is lspt the case. 4 million dollar invest ment seeks but sure three per cent return, 1t cares not a continental for dreams of unc0untable returns. I. mySeiT, believe that a reservoir at the head of this valley would yield big re- turns, but l know that nothing tangi- ble at this time can be shown the cap Italist to induce him to risk his money. Give him something that will figure him per centage,- and not prospect. and give it to him under just restric- -ions, and it will be found that he will not ask as large returns for his invest nent, as the rancher, under the new will make on his small in Festment after paying taxes
 
 J. M. ShOtt: The people of the Mur- 'hy addition are not only getting tired If isolation from the city but they are reely expressing their patriotic views. They don't fear little extra taxation nd want the privilege of coming in- o the city and helping build it up. As or myself, I wouldn't think of be- a few paltry dollars to the ity, even though taxation should be increased. I hardly think the imits should be extended directly vest, but l do believe the municipality . hOuld include us in the expansion movement. 1 have noticed two fires n the city today, both outside the ity and both east of town The limits o not extend far enough east and I : elieve that we should have protection | { g2inst fire, as well as other advant- q ges, enjoyed by residents of the city. [