Los Angeles herald., 1910-04-18
Electric POz0er and H1rbOr
Committee Issues Statement
of importance to the Voters

harbOr bond committee appointed by the oSper %
the attention of the people
voting the the election on April ~ mas
proposed the immense value of the
and harbor projects to this city, The statement OF '
wnlam Howard Taft president of the states visit
and patriotic citizenship
manifest magnificent improvements under way %
said that city that displayed
foresight and had the courage and ability
and should receive most any
thing she might ask for from the general government 0y way ~
a n realizing legitimate ambitions -.
making investment in electrical power plants ana
which, if adopted will in the Judgment OF TINS com
the entire indebted
materially reduced and will continue to produce
which will go far toward paying the running m % @ @
lifting the shoulders of the taxpayer the entire bur
in charge of the building of the aauedus
river shows that the uH
the estimated cost and more than year
advance the orign setf completion
is BUSINESS OPPORTUNITY
The problem now confronting ourselves to
able the city whatever financial ad
developed on the line delivered by The board of
mater Of providing the proper of to
Angeles to provide funds for the " @ @
returns be Immediately expected from the water "
Development an ] aey T sp@ as TGl amoa9 sa
delivered at distributing voltage IN inc city ~ @ 5 an
during the t"entiour hours Oh e @
thus doing away with the necessity or
installation steam plants to provide for the peak PEAK load With tn
hydroeetrio developments Of tins haraeter beng some
onehid And tt cost per hloNatt OF @ @
ub-staton in the city should be % @ @ imam @
| one
T@ fienee of this power opportunity point
m me h I more apparent in consideration of
SO electrical energy now used IN Los An
geles Beach, Santa Monica and adjacent s @ anu anu
that the increasing 25 to 80 per cent each year
bants Of the city and the industry but
yield available for payments on power ana Squ
The proposed bonds will
of peak which stated above as being lh0e
BONDS SHOULD
There especially why the voting of these bonds
T1t necessary provide this time
order to construction past the power sites for the pur
s85OOOo and would be of little or no value ae
suchtm plants shall be installed -, , ,n .,
provide for developing OF suh portion @
power that the work may be completed and he y
position profit by such power opportunities from "rs '0 ~ ~
duct & is por m of Los Angeles wilmington
ozed by decisive cast by the voters OF tins
city On any one 1b unon was affected only after
the cities therein the %
their individuality ana lu ot '
Los Angeles agreeing consideration thereof that the consolidated
city soOoO in the of said harOors within no
next ten years % brbor cities have fully complied with
on as t and on Tuday the 18th day of April
gees conditions assumed by her and au9z the me- t
900 bond stand convicted of bad a
this Los Angeles cannot afford to DO ana we
Los angeles by virtue possession of one
habors of the world the deve0pnen ol I men, IN ] @
city population Neither of these propositions can De
the taxpayer and viii not only take care
s sinking fund that will meet the principal
factors in the reduction of taxation - . - s
in municipalities is most fat
erng have to be one of the great
spending $1OOOOOOO to avail
that she retain commercial sup
advantage OF ue
became of the greatest
in the world Baltimore mas oeen
of retain but expand her
Of Galvestons terminals
saved the day when complete
lease OF commercial lie
completed about years
Iselves of the adv
SAN FRANCISCO is EXAMPLE
has
obtained
in
interest prncpa
the
to
control Of the haror of
nv
priVa
of
profitable market for the electrical