Daily Arizona silver belt., 1909-04-13
FOR A GREATER GLOBE

Tomorrow the people of Globe will vots for or against bond issue pro posed for the purchase of the plant of the Pinal Water Company and for the construction of sewers.
 The total bond issue proposed Is $275,. GOO. One hundred and sixty thousand dollars of this money, if the bonds carry, will be used in purchasing the water plant. Forty thousand dolalrs will be held in reserve fund for mak- ing extension and Improvements to the system as necessity may occasion. Sev- cnty- five thousand dollars will be ex- pended in the construction of sewer. age system.
 There arc two propositions to be vot- cd upon. One for an issue of S20O,O00 worth of waterworks bonds and the other for an issue of S75,o0o worth of sewerage bonds. That both of these propositions should carry goes without saying. The only opposition is from the water company and other parties who have axes to grind.
 The unselfsh, ad-mindcd, Globe loving and in Globe believing taxpayer will vote yes on both propositions.
 He knows that municipal ownership of ths water plant will give the consum- CT better service and at q lower price than is now to be had.
 He knows that the revenues from the water plant will provide funds sufficient to take care of the interest and princt- pal of the entire bond issue of $275,- GOO and give to tho city over s1 1,00o, ,o0o not at the time of the maturity of the bonds.
 He knows that all this will be brought about without increasing the taxes of ths property owners enc mill. On the contrary they will profit by reduced water rentals and better service.
 If both bond issues carry the sewers fin fact the water plant-will be di. roctiy and indirectly-a gift to tho city of Globe.
 The money you are now spending for water. instead of going into the pockets of a corporation will be used to pay of the money that is to be advanced on the city's thirty-year note. That is all there is to this question.
 Will the voters of Globe accept this gift of a water plant and sewerage system, which win not only pay for it. self. but will give the city net slr- plus of S5o,000 B year2
 As the Silver Belt stated threo weeks ago, the water company would show its hand during tho closing hours of the campaign for municipal independence.
 Water representatives are at work all kinds of stories calcu- ated to influence the vote to oppose he bond Issues.
 They are not to be blamed for this. |
 It is cold blooded business proposi- ion with the water people.
 They have plant today fully 'quipped for big money making.
 If they can defeat the bond issue hey will have comparative peace for t least two years. During that period f time there is no question but what hey could squeeze from the water con tuners as much if not more money han they have offered the plant to tho ity for. At the end of two years with 2oo,ooo earnings in their pockets, they ouid command and secure a much arger price for their plant than 1t can 70 secured for today.
 If the improvement bonds arc defeat d the news would go to the world that aobc is opposed to municipal ownor. hip of public utilities.
 In the future the agitator would be cid that "ws gave you a chance to buy he plant and you turned 1t down. The