The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1906-04-06
a PLEA FoR AepmoRE


AIImorc. % vote bonds % the extent
of $4,000 ~ b. usod in installing
Va'.rworks system and .n building
school houses in This city, orr people.
by "a practically u1animoHs vote. de-
cid,d DO favor of tLc bond Issue Only
sixteen votes in the entire city we're
cast againat the proposition That
the majority made 20 mistake iu cast
Ink ns vote must nov Do perfectly
apparrn, 90 the sixteen ThO voted
against the issuance of bonds The
city ~ once took on new lifa, and be-.
gan steady rapid and substantiai
growth uudfeameI 81 iu its previous
history Property values NJ once be-.
gan iD enhance. and have continued
20 Increase until D. is perfectly aate
t1 Say fint the Increase iu property
values by reason or the Improvement
made from proceed ~ the sale of
tho bonds is fully eve times the total
sum of tho bond issue Surely lt Is
o. strange Kind of business man .ho
will s1y chat this Investment has not
paid ON Saturday. th" 9Th Of this
month. thp qualified voters will be-
asked 10 express their judgment. b.
ballot upon another bond issue for
the city. which means aB much Tor
the future welfare of Ardmore as did
tho original propoHiiOn That the
people % Ardmoro viii fulhll the eI.
pcctatlons Of those interested IN our
growth and progress Is not doubted.
II IL was important that VIC vote in
favor of the first Issue of bonus - ~
doubly important that We vote IA.
yorably upon the contemplated issue
Indeed. the work begun three years
ago is not half complete. and the
work Of Saturday VIII add but an.
other chapter to the history Of thp
development ~ our city There is
40 much that can be- said Ia favor 30
the issuance ~ more bonds. that Il
Is impossible to- cover the grornn
Of argument in a single newspaper
article without becoming tlrHomc 10
the reader Looking at the proposi.
ton from purely business stand.
point. any reasonably matourcd busi
ness mind 81 driven TO the conclusion
that II will pay. From the published
report OF the mayor it ~ shown that
we have invested in watorworRS 10
round numbers sl76.Ooo. from which
We are getting revenues amounting
to SIi57 per year. OF practically >
per cent on the Investment We have
invested In our acwcrag, system $o..
O0o. yielding s2.lOO per annum. or %
per cent on the Investment. oT taking
The two as whole. We have Invested
{lSI. 200. yielding annually about 80.
200. ar about per cent ON the total
amount Invested. or the amount In.
', ,stod Ia watcrworkH, fully $4,000
Is invested In property that yields
no returns The water shed. dam,
stand pipe aud pipe laid outside The
city limits would be absolutely worth
less to the city were IL not made
possible to deliver the supply of wa.
ter 20 the consumer from whom you
desire a revenue II 20 thus apparent
10 any thinking man that the more
water consumers you can reach the
greater will be your returns. Now,
follow the argument closely, and see
what plea cold figures make in nd.
vocncy Of the bond issue. !, Is care
fully estimated by competent cnFi.
nccrs that t2~Gnh cApondod In cN.
tcudlng our water mainA will practi'
cully double the extent Of territory
AZ present reached by mains In IN,
city OF course. thia will place water
In the reach ot the Tess thlckly popu.
lated portions OF the city. and the
returns per milo will probably not be
as great as Il is now Iiut II IL per.
fcctly fair TO estimate that this In
creased mileage In mains will add
$4,000 revenues from an Investment
Of $4,000. which means Il per ccHC
on the investment Likewise, Il ~
fair to estimate that the expenditure
OF $4,000 for the extension of our
sewerage system. after making due
allowance for thiuly pcopied portion.
of the city, will yirld additional rev
cuuc Of $500 per annum, or 10 per
cen, q nthc additional Investment
We will have increased our invest
mcut $4,000 and our revenues Sl..
500. or ahuu, 10 per cent on The od
dluoum Investment We viii thcn
have n total Investment In water
works aud acworage amounting "a
$4,000. yielding annually $500, ol
; per cent On tho entire investment
IN other words, hy making this ad