The San Francisco call., 1908-05-11
CALLS CITIZENS TO
VOTE BOND ISSUE
Committee of Mission Promotion
Association Makes Final Ap-
peal to Patriotism
Supervisor Giannini Shows the
Necessity of Project and of
Unanimity at Polls

Declaring in behalf of the entire Mis-
sion district it's enthusiastic approval OF
the municipal bond issue proposed by
the board of supervisors. the executive
committee of the Mission promotion AS
socintIon last night passed resolutions
calling upon it's members and all
patriotic citizens to support the pro-
ject at tOday's elections.
Today the citizens Of San Francisco
are TO vote on the proposal for a
municipal bond issue Of S1S.2O0.000 for
public necessities. The propositions put
before the people at the polls are six
the installation OF an auxiliary water
system for fire protection at cost of
s5,200 600: the requirement of sites and
erection Of new schoolhouses at a cost
OF $1,000 600; construction of an i'm
proved sewer system. s4.00O.0eo; hospi-
tails. $4,000 600; new hall OF justice and
county jail sl.OoO.000. and city gar
bage incinerator. $100O.ooO.
The submission Of the project 10 the
public today marks the end OF long
and energetic campaign for the issu-
ance Of the bonds by the board Of su-
pervisors. Members of the board have
been uptiring in their efforts TO bring
the urgency of the measures to public
dAArnAtOu anu lMtA ldAt BtSM D6ChSQ
by a unanimity Of press sentiment
EVERY VOTE Is NEEDED
Supervisor Giannini. chairman of the
committee in charge of the bond issue.
declared yesterday that he was fully
satisfied with the conclusion of the
campaign and viewed with much conf
dence the prospects for success.
The only thing we fear might pos
sibly defeat the scheme is the failure
Of the voters to turn out and register
their preferences. II every one votes
we know the bonds VIII carry" said
Giannini Every citizen with the in
terest OF his city at heart has seen the
absolute necessity OF the project To-
day san Francisco stands on the eve of
greater progress than it has ever
known or thought Of before The COM
ing OF the feet has been the dividing
line between the old and the new San
Francisco
Westward the court of empire
winds its way they said in the long
ago. In actuality il has reached San
Francisco, the arrival OF the feet typi-
fying the transition OF the seat of
power from the Atlantic TO the Pacific.
Here we citizens Of the coast should
keep IL and to do 1t we must turn with
hopeful faces TO the wonderful future
hat is in store for San Francisco-the
future metropolis OF America. I verify
believe
DEFEAT WOULD BE CALAMITY
TO let the bond issue fail to pass
viii put San Francisco back a quarter
~ century; to carry it will forward
her ahead of all cities of the west.
san Francisco. despite the fire il
went through and the millions required
10 rebuild II, is today under a per
capita bonded debt smaller than any
other great city Of America Each
citizen Of New York now carries q
bonded debt Of SIS on his shoulders.
while San Francisco's per capita
bonded Indebtedness is IS. In the
mortgage Indebtedness of the two
cities. which has no relation to the
bonded Indebtedness. San Francisco IS
also lower than any other city in the
United States. compared to New York
showing but 1000, 900 against 81 8OO-
100000, or percentage of 80 for New
York and Il for San Francisco. She
certainly can well afford the bond
issue
OLD ISSUE EXPENDED
The question has been asked. Why
has not the money secured for the bond
issue OF 1903 all been spent? II has
There is now in the treasury but $780,
600 for which contracts have not been
MADE Ihat Is the library fund and 1t
viii be expended as soon as the trus-
tees can agree as 70 what they want
The rate OF interest on the bonds has
also been criticised. Sufficient for this
is TO say that the experience OF every
large city. notably Los Angeles and
New York, respectively. has been that
bonds cannot be sold for a lower rate
than 5 per cent. 1t is certain that the
board OF supervisors would not have
put the rate at that figure If it had not
been proved 10 them that that was the
only figure at which the bonds could
be marketed.