The Washington times., 1909-10-26

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must have about twenty-five years in
which TO pay 1t all under the Judson
plan. The Districts half OF the total
debt is about S9.OOO.OOO
The bill which proposes to put this
plan into practical effect has been care
fully drawn by the Commissioners, and
will be one of the first introduced at the
beginning Of the session.
Tweedale's Plan.
with respect to the financial plan
proposed by the Commissioners, It is
my opinion that It will operate TO the
very great advantage Of the District OF
Columbia said District Auditor Twee-
dale.
1.-THE plan recommended, in a compre-
hensive way, looks into the future and
provides for those extraordinary prof.
ects which always have to be con-
sidered in a properly managed municipal
corporation. A stated amount is set
aside from the revenues to meet these
objects and. in addition. a proportion Of
the Increased revenue from year to year
is added to the sum in order to provide
thoroughly for the extraordinary prof
ects.
Looking at the proposed plan from a
business standpoint, IL appeals to me
that 1t is a thoroughly sound financial
arran cement for the conduct or the
business affairs Of the District of Column
bia, and from the detailed studies based
upon past experience am sure that
IL viii successfully operate 10 the great
advantage of the District government"
Glover Approves.
''The plan strikes me most favorably."
Charles Glover. president Of the Riggs
National Bank. said enthusiastically.
1T is the only feasible thing to do.
I have been in consultation with Major
JudsOn In the matter, and 1 believe
ne has the right plan Of action. Major
Judson told me that IL is impossible
to spend more than $40 900 advanta-
geously in improvements in the next
twelve years. Under his plan of paying
BY installmentS, We can wipe out the
debt. and at the same time. have the
necessary improvements.
A Idsner, manager OF the Palals
Royal, is decidedly Of the opinion that
Major Judson has the right plan.
Il believe the District. as well as any
business man in the District, should
make some provision for its debts. II
is well to pay them off gradually.
believe that by thus paying In the IN
staIlment plan, we can wipe out our
debts. and at the same time secure
what improvements we need.
Oysters Opinion.
Capt. James F. Oyster is of the Opin-
ion that the future generations ought
to pay a part Of the debts incurred by
the present where the berefts are In
herited as is the. case in permanent i'm
He believes that the pay
ment Of a portion of the debt annually
is the proper method. He would not
halt the improvements planned, such
as drainage of the fats and building or
up to date school buildings, but beileVes
this can be carried on at the same time
the debt is being Iquidated.
While / have not had the time 10
read Major JudsOn's plan over care
fully, I believe, il is along true hnes'
he said.
Is Practicable One.
President William F. GUIDE. of the
Chamber Of Commerce, declared that, In
his opinion. Major Judson's plan for the
payment of the District debt In install
ments is a practicable one, and viii re-
suit in almost incalculable benefit to
Washington If adopted
IT am entirely in favor of the in
stallment plan and the proposed extern
sion Of time in which to pay OF the
debt" said Mr.. Guide I am IN favor
of IL for no other reason man tnat
we are building a great city and would
be insured an enormous sum with which
TO carry on our work on an even greater
scale II permitted to reduce our DEBT
gradually There is no necessity OF our
imposing undue burdens upon ourselves.
Let US enjoy our city while we are
building It. Let US let those who come
after US help share the burden, thaI
thew NAV feel they have had a part in
building and identifying the Nations
Capital"
IndOrses It.
Col. Myron NJ. Parker. a prominent
nfE IA
ment to Major JudsOn's plan.
Gas I see il" said Colonel Parker,
the plan suggested would insure more
liberal appropriations. II should GER
tainIy result in lighter taxation. can
rot conceive Of two factors that would
be greater boon TO the growth or
Washington than these two would -.
YO4 can count on me as being uu-
eouivocally in favor Of the plan"
William II. Saunders. who Is also in