The Glenwood post., 1909-05-08

seeking reward for their philanthropy.
These men offered to expend 5000
and sell bonds to the sum of $4,000
and erect light plant. The city
was given the unheard of privilege Of
renting the plant Of the company. AL
these dear philanthropises wanted was
an annual rental equal to ten per cent.
of the bonded indebtedness, or 5000
which would net them an annual an
come of 100 per cent. on their invest.
ment of $4,000.
Did you ever hear or read Of such
generositys Surely such openhearted-
ness and generosity to q supposedly
suffering people was never before
heard of. But you will not hear Of
any monuments of marble being erect
ed to their memory.
1t was a smooth game, and when
these men had secured the election Of
Councilman Cross, they felt sure Of
easy shedding, but Barnes, Barlow,
Cardnell, Howard and Meadows, and
Mayor Drach would have none Of it.
They did not feel that the city should
pay this $4,000 rental in addition to
the $4,000 per year interest on the
bonds and keep the affair in good
shape and then reimburse the twelve
men in the company for their first ex-
penditure. They did not feel that such
scheme was the highest or lowest
type of municipal ownership.
Councilman Cross, alone, being .
member of the Mutual company, voted
for the rental feature when It bad
been reduced to six per cent. He was
by far the greatest Of the twelve great
philanthropists. He sought to use his
official position as alderman OF this
city to secure an income Of 100 per
cent. on an investment, he should
make as member of said company.
He voted for the rental, and by 80
doing disclosed the real reason Of his
being boosted for the office at the
recent election. He was = tool In the
hands of men, who were seeking .
handsome income at the expense Of the
people, and all under the guise Of do
ing the people good. Verify, he was
an example Of philanthropy that would
put to route the great Carnegie.
Twelve men sought to secure fran
ehise that would yield them an income
of 100 per cent. on the investment.
Editor Holmes was one of the twelve.
He wanted some easy money and all
but got it, but Barnes. Barlow, Card
nell, Howard and Meadows, said nay,
nay Pauline to his philanthropic noise
maker lordship.
Yea, Philanthropy, thou art indeed
wonder of wonders, when used by
Holmes ct al in an attempt to get an
income of 100 per cent. on small in
vestment.
| To the men who voted against the
rental feature, we will say, we'll done.
! You were right in the stand you took,
and the people of Glenwood will stand
by YOU. You are not to be the tool,
of Holmes ct al. You are to represent
the whole people, and not the knights
of Industry, local organization. We
believe you are in favor of municipal
ownership, but you will not fall for
scheme of graft under the guise ot
philanthropy. You did your duty by
The whole people in the face OF tha
fact that to refuse to grant the wishes
of Editor Holmes you were placing
yourselves in position to get gooi
roasting at his hands. You have val
ued the welfare of the city above the
rreediness of twelve men, and by 80
doing have done your duty as required
by the oath you took. The Post does
not hesitate to give you credit for the
stand you have taken in this matter.
Councilman Cross, by his vote, prov
ed that he is more in league with the
eleven franchise seekers than he Is
with the people, of the city. He val
ues the income he would receive as
member of the company more than he
values his oath Of office. He sought,
so we are told, to grant unto himself
a franchise to light this city. His
scheme was good one from his side
Of the fence, but his one vote was not
sufficient to pull off the deal.