Arizona republican., 1900-07-26
INTEREST INCREASES
Opinions of Taxpayers On the
 Bond Question
Men Who Know the Local Conditions Best Are Strongest in Its Favor. Where Capital Is Needed Induce ments Must Be Offered.

ton of water storage reservoir, or, rather, to aid in the construction for such a reservoir. seems to be growing daily. There is apparently but little opposition to the main question of whether it would be a profitable invest ment or not and those who hesitate in announcing themselves as in favor 0f it when closely questioned have little to offer in the line of argument except their doubts as to the little details of the project. in other words. crossing bridges before they get to them.
 There is a great unanimity of feeling as to the good that would result from the enterprise if carried out in a busi- ness-like manner and to no other ar rangement would the sensible business men of this county be likely to submit. There is no danger of disposing of the bonds and getting nothing for them un- til it is first decided that they shall be issued When the tax payers arrive at the conclusion that they want reservoir and want it bad enough to show their financial interest in the en- terprise they will be in a position 10 demand proper safeguards for the money they invest. Sentiment among many who have been interviewed on the question seems to be rapidly crys- talking in favor of the proposition that has been set forth by The Republican, and men whose entire present and flu ture prosperity depends upon its prop CT settlement are announcing their ap- provaI. Space cannot be given to all that is said, for it is something that everybody is talking about, and very properly just at this time.
 Among those who were seen yester- day was MT William Mealy. He said: T am in favor of it. of course. It seems to be the only way out. The matter of indebtedness is the last thing to consider I have travelled all over the west and kept my eyes open. There is not city of importance in the west but what was built largely on bonds. Denver, Colorado Springs, Wichita, Kas., and dozen places l might name have been built in this way. Why, in the leading Colorado towns they have bonded themselves more in one year for local enterprises than all the bonds ever issued in this county would aggre- gatc and made a success of their in vestments, too. It is foolish to talk about hesitating to bond this county for an absolute necessity when other places are doing the same thing simply as an encouragement and a stimulus to local enterprisSs. It is vital mat ter here. something We have got to have and if We can encourage capital by so doing by all means let us do so. The taxes on the proposed issue would scarcely be noticeable, even on the present valuation. and all will admit that with water storage the valuation would be rapidly increased
 F. A. Hough of the Tempe Mesa Produce company, said: If the bond issue can be successfully carried out it will be a good thing. The people have certainly got to get together and do something"
 P. T. Hurley said: Why, yes. I fla vor the bond issue. The expense will be practically nothing if it will bring us water storage. In fact, we could we'll afford to spend more money if we could get the desired result. Of course we would want proper safeguards to know that we got what we Were paying for. but we could well afford to pay dollar an acre for all the land in the Ealley if we could get the reservoir by that means"
 s. J. Tribolet: T don't know just how it is proposed to handle thsse bonds and of course would not want a loop hole left for the water to be applied to new lands first. but if We can issue bonds for the storage of water for the lands now under cultivation first would favor it.'
 Mir. Henry George said: T am en- Enthusiastically in favor of any plan for water storage and believe that prompt action is the only salvation of the val ley. Phoenix and the Salt River valley have grown as far as they ever can. without a better irrigation system. and now will surely go backward unless plenty of water can be stored. The fact is as plain as the nose on your face. The recent drOuth cost the valley not less than a half million dollars. and probably much more while it is very likely to be followed by a more pro- lOnged dry spell. which may cost three or four times that amount. Govern ment storage for this generation is out of the question and private enterprise must do the work. That enterprise should have the encOurag cement of every resident Of the valley and as an inducement a bond issue of half mil lion dollars is the merest bagatelle. The Republican proposition is the best that l have heard and if an issue of bonds, to assure the Hudson reservoir. is put to vote it cannot fail but carry by large majority. Yes, of course. there is always a lot of chronic grumblers who kick and growl at every thing for the public welfare, but any man who would offer any opposition to a reser- voir proposition for this valley cannot be else but an enemy to the valley I am not partial to any particular com pany, but for the first good plan that can be fulfilled in the quickest time''
 OHIO DEMOCRATS PREPARING.
 Columbus, O., July 25.-In response to the call recently issued members