Bisbee daily review., 1908-03-14
PROPOSED ISSUE IF CITY BONDS
 E DISCUSSED
Prominent Business Men Of City Give Views As To Wis dom of Proposed Move-At- titude Generally Favorable.

Since the city council at a recent session discussed the adyisability ol issuing bonds to the amount of Sl50,- 900 far the improvement of the city, there has been much discussion of the proposed action on the part of the public The money thus raised was to be apportioned in about the fol- lowing manner: For the extension of the sewer system up Tombstone Canyon, S35,O00; for the improve ments of roads, S65.000; for the i'm. provement ot the fire service by ex- tending and enlarging the water sup ply, s50,00O.
 In order to learn the manner Ii, which some of the leading citizens regarded the movement Review re porter yesterday interviewed several of the prominent business men of the city in regard to the matter, Without exception they were of the opinion that the Improvements pro posed were necessary to the proper advancement of the city, the only question arising being whether or not the city could find purchasers for the bonds after they were issued. M J. Cunningham, cashier of the Bank of Bisbee,L when asked as to what he thought of the 'advisability of issuing the new bonds, replied as follows:
 There can be no question but that the city is in need of the improve ments. Nor is there any debut but that the easiest and most equitable way in which tot distribute the bur. den is by issuing bonds to extend over ten, fifteen or twenty years. The point is, whether or not the city can dispose of the bonds after they have been voted by the people. When the sewer bonds were issued it was dur ing good times and yet there were no bids made for them. They were taken over by the banks, largely as a matter of public spirit, If this diff ficulty can be overcome, I am in Ia vor of the issue.
 ]. J. Bowen, a member of the Board of Supervisors, when approached on the subject, stated:
 You may say that my reasons for favoring the proposed bond issue are that Bisbee is a city of nearly 29,O0C population, and we are entitled to and must have the benefits that belong to 8 city of this size. We nave less bonds than any other city in the ter ritory, and see no reason why the people who will come here within the next ten or twelve years should not contribute their part toward the ben efits which they will enjoy. In view of the sale of school bonds of Cochise county, and Of the premium at which territorial bonds are selling, l see no reason why the bonds proposed to be issued could not be sold four or five months from now, which is the length of time that will necessarily elapse before they are ready for sale"
 ". H. Brophy, manager of the Cop per Queen store, expressed his opin- ion as follows: T think that the i'm proyements which are proposed by the council are necessary to the city. The method of issuing bonds is a much more equitable one than that of direct assessment, and I can think of no better way in which to carry out these improvements than by the method suggested. The only question arising in my mind is whether or not the city will be able to dispose of the bonds. It seems to me that it would not be inadvisable to find whether or not purchasers can be se cured for the securities before final action is taken on them"
 J. T. Hood, cashier of the Miners and Merchants Bank was the next man approached He said: {.
 T am in favor of the projects which are proposed to be carried out by the money to be raised from the bonds, and thing that this method of paying for them is the only way to make the burden easy and to dis tribute it equally among those W~2 are to receive it's benefits. The peo- pie who are here at present may to a large extent be out of the city two years hence, but the people who will be here at that time and are enjoy ing the benefits of the improvements should be asked to pay their share of the expenses. I do not think the amount asked is excessive. If the work is undertaken it should be well done. There appears to me to be only one hindrance in the way, in case tae bonds are issued, and that is, can they be sold?"
 l. w. Wallace, president of the Citizens bank, expressed the follow ing opinion:
 T would dislike very much to see the improvements that have been begun i'd the city come to an end. The town is sadly in need of better ment of the fire protection it now has, as the mains in the central part of the city are small, we get no credit for water from the insurance companies, with the result that there are heavy insurance rates for the town