Daily Arizona silver belt., 1909-02-05
CONTRACT MADE BY CITY COUl. GIL LAST EvEAInG 10
 CALL ELECTION
PROCEEDS TO PuRCHAsE WATER WORKS AND PROVIDE SYB-
 ITEM or SEWERS.
BOND BUYER s0lIc|Ts ISSUE
COUNCILMAN HIGDoN REPORTS THAT BAND SHOULD PAY
 RENT FOR HALL.

A contract to sell to Ulen, Sutherlin < O., of Kansas City, Mo, bond is- sue not to exceed $300,000 was ac- cepted last night by the city council at its regular meeting after discus. sion of about three hours in which most of the talking was done by W. P. Bullock, an attorney representing the Kansas City firm of bond buyers. The contract also provides that the firm mentioned shall furnish all legal blanks, etc, necessary, and Is made contingent upon the result of special election to be called by the council. It'was stipu- lated that the contract does not bind the council to call an election and leaves the city free to adopt other means of providing for the public i'm provements contemplated, i. e.: the con struction of sewer system and the pur- chase of the plant of the Pinal Noun tain Water company.
 The matter was broaehed by MT. Bullock after the council had disposed of all the unfinished business. Begin ming by calling attention to the fact that the city pays 5000 annually for scavenging purposes and arguing that this sum would more than pay for bonds, the visitor dwelt at length on the necessity for sewer system in the city He discussed the hygienic phases of the question, saying that since the establishment of sewers in all cities, typhus fever had become country disease and stated that Globe was the largest city in the United States without sewer system.
 Mir Bullock argued strongly in ia. yor of issuing bonds, if any were con templated, before Arizona was admitted to statehood, which, he said, would probably be in the course of few months. He called attention to the situation in Oklahoma, which he said had experienced considerable difficulty in issuing bonds after their admission to statehood. He said this was due to the fact that, when territory becomes state, politics become epidemic and little attention will be given to any thing but running for office or boosting some one s candidacy, besides which new laws must be drafted by consti- tutional convention, which would prob ably be in session for nearly year, and that even after being passed, bond laws must be tested in the courts, all of which he argued would be discour' aging to bond purchasers who would be inclined to favor bonds issued in ter ritory. He said it would take at least sixty days to call an election and get ready for it, and urged the council to lose no time if the bonds were to be issued under the laws now in force. The attorney then offered, on behalf of his firm, 10 buy the city's bond is- sue up to $500, ,000, if they were 5 h per cent thirty year bonds, depositing cer. tifcd check in guarantee of good faith.
 MT. Bullock was freely questioned by the aldermen, all of whom were pres ent, with the exception of Alderman Feland. He argued that it would be more advantageous to the city to sell bonds at private salc. eff you ad- vertise the issue, he said. every banker in the city and in the territory I will be writing to eastern capitalists, asking advice as to how much of the issue shall be taken, and the bonds will ly to various people, with the effect of depreciating their value by creating the impression that there is no great demand for them. If the bonds wero advertised, they would have to be 6 per cent bonds.
 The Kansas City man was confident that $75,00O would be amply enough to build the sewer system, explaining that the cost would be 5000 q mile in country like this, and that fifteen miles would be all that the city needed. Re- plying to questions, he argued against charging for the use of the sewer and advised that the cost de defrayed by direct taxation as the most equitable means possible He also undertook to take charge of the election and conduct campaign that would make the matter thoroughly familiar to all the voters with the result, he confidently asserted, that the election would carry.
 The discussion was concluded by the adoption of the following contract and resolution:
 Globe, Arizona, February 4, 1909.
 Hon. Mayor and City Council,
 Globe, Arizona.
 Gentlemen:g "sa N.e