Bisbee daily review., 1908-09-25
MAYOR MADE
TALKS ABOUT
BOND ISSUE
At Request of Review Presents
to Voters For Their Consid-
GRAFTON the Arguments in
Favor of the Move.

-
Mayor Neale is at work on pam
phlet, the object of which is to set
before the voters of the city the rea-
~. w1ich, in hi- opinion, maze inc
issuance of tAe bonds proposed by
the city council the wisest move that
can be made. The pamphlet viii be
given a wide circulation, its subject
matter viii be presented in such 4
manner that any voter can easily ut--
termine for himself the Validity of
the arguments advanced. Two or
three mass meetings win also proba-
bly, be held between now and cleo
tion.
When it is first mentioned to a
voter that the city council is propos-
ing 10 ask of the citizens that they
give the city authority to issue and
sell $250.000 worth Of bonds, he is
very much inclined to think that is
going little too steep; that the city.
in the common parlance, may .uiJe
on more than it can chew" Like
many another proposition. however.
which appears TO be ill-advised, the
bond issue will be found one that the
mere it is investigated by the public.
the more clearly viii they see that it
Is the best thing for their own inter
ests Such at least, has been the ex-
perlence of nearly all of those Ntnu
investigated the matter
In a conversation yesterday Mayor
Neale was asked TO give some of the
reasons whyJhe thought the issuance
of bonds would be a good thlms 80
the people of Bisbee, that they might
be put before the voters for their con-
sheraton. The mayor gave the fol-
lowing reasons:
]. IL will reduce the rate of taxa
ton, in that whereas the tax rate now
levied for street improvements alone
Is S1.20 on the 500: vet a less rate
than that viii pay both the interest
and the sinking fund on all the bonds,
including the s125,000 foe street i'm
Trovement. the $125,00O for a better
waterworks system. and the sew,H
bonds, which have already been voted
and sold.
2. The natural increase in the val
! nc of city property will be FASTENED
| by the improvements which the money
! obtained from the sale of the bonds
will enable the city to make: and the
J greater the Increase in the value OF
the property. the lower will the taS
rate be.
3. Competent fire underwriters
have the saving in premiums on fire
insurance alone. from the improved
fire protection guaranteed by the bet
ter waterworks- system, will be from
forty to fifty per cent, which will NEAR
a sewing of at least $4,000 ANIMAL!
to the property holders.
4. NThe bonds will run for a period
of twenty years, which will shift &
| large part Of the burden to future in
/ habitants of the city; at the same
time. it will be just that future inhab
| itants should pay their proportion o.
the cost, as the improvements are t.
! be permanent, If made, and will BIZ
shared by them.
| ). The street commissioner slaves
that with the improvements made a!
| proposed under the bond issue, tb,
city would be able to save $1,000 ;
year in its street sprinkIing expense
alone. In regard to keeping the
streets in repair, the street COMMIT
tsioner estimates that with the i'm
provements carried out as proposed il
the bond issue, the expense could b.
reduced To at least $50 a month
which is several times less than ha'
bean the average 10 date for rn'
present year.
6. The improvements proposed
when carried out. will insure an in
crease in the population. and will fur
thermore insure the extension OF III
street railway up Tombstone canyon
by providing ample funds for the cal
Eying out of the plans for the fort,
foot road
I. Under the old system it has beel
impossible to carry on improvement
in more than one part of the city a
time. thus defeating any effort t
make an equal distribution of tn
benefits to the tax payers. Under tn
plans outlined for the city under tn
bond issue. every part of the 90
would be given a just proportion.
Voters should remember that the
must register in order TO vote on IN
4 proposed bond issue. RegistratiC
can be made at the city clerks c
j Ace until October a. None but ta'
81 ,,,,-arc arc uuaIifisd 10 vote.