Los Angeles herald., 1910-11-22
BOND PROPOSAL TO
BE KILLED TODAY
IN CITY COUNCIL
Five Members Support the Mayor
Against Contract with
Aqueduct Syndicate
ALEXANDER TO OFFER A PLAN
Executive Favors Sale by Which
$2,27e,0OO Can Be Raised
for Immediate Needs
TO OFFER A PLAN

With five members of the council
arrayed with the mayor against the
proposed contract with the aqueduct
bond syndicate the matter cannot pass
the council today. While 1t Is not
definitely known that five members
will stand out against the contract,
there is so much a certainty on that
point that the members of the council
who favor it have practically given
up hope.
It is probable the mayor will send a
message to the council today suggest
ing that sufficient bonds from the last
option of the Owens river securities be
sold the syndicate to raise the money
the city wants now, which is $1,020,000
for construction work and $1,25S,000 for
siphon steel. These bonds would be
sold at par instead OF the 1 per cent
premium offered by the syndicate for
its last option. But further than this
the mayor does not propose to go.
The governing committee of the Los
Angeles realty board, consisting of w.
NJ. Garland, president; Herbert Bur-
dett, secretary; l.. M Pratt, Charles G..
Conway, Gilbert Wright, w. f. Mines
and Percy H. Clark adopted resolu-
tions yesterday urging that the advice
given the council regarding the sale
of the bonds be accepted. The align
ment as it was last night indicates
that the resolutions will not prove eff
fective. They follow:
REALTY BOARD RESOLUTIONS
The follow:
Resolved, That the governing
committee of Los Angeles realty
board believes that the situation
now confronting the city OF Los
Angeles in relation to the Owens
river aqueduct may prove most
serious draYback to the progress of
1.-The city, and that any delay in the
completion of the aqueduct would
inevitably result in very heavy di-
rect financial lose, damage to the
prestige OF the city and consequent
loss in growth and development,
aggregating probably millions of
dollars, and that the present con-
dition is already exciting unfavor-
able comment, locally and else
where;
That, realizing that our present
board of public works.. together
with William Mulholland and his
associates and the advisory COM
mittee of the aqueduct, comprising
Major H. T. Lee,' j. A. Ffshburn,
w. b. Mathews and Stoddard Jess,
have demonstrated their ability in
the conduct of this great enter
prise; and having the fullest con-
fidence in the experienced financial
Judgment of w. j. Washburn and
George H. Stewart of the finance
committee of the city council, we,
the governing committee of Los
Angeles realty board, earnestly re-
A. nlA al
of Los Angeles to advance the conn
pletion of the aqUaduct by all pos
sible means, and especially urge
that the advice OF the aforesaid
civic officers be adopted in the
matter of the sale of aqueduct
bonds.
AS the strike on the aqueduct has
tied up tunnel construction and 1t is
the tunnel workers that take UP tho
largest part of the payroll, the board
of public works is not urging an inn
mediate supply OF money. There is
enough on hand to keep the work Of
construction going at the present rate
past February /, when the bond syn
dicate must either exercise its option
according to the terms of the contract
1t has with the CITY or release its claim
and the city will then have q chance
to sell its securities in the open market
STRIKE HATS SOME WORK
There are 11e tunnels on the aaue-
duct, but only one heading In going,
Some of these tunnels have been eem-
pleted and the othors are 10 near eeIns
pletion that no very serious difficulty
can result from failure to push the
work. The big Elizabeth lake tunnel
is so nearly finished that three months
work On 1t will complete 1t and Ii eaa-
not be used until the rest Of the aque-
duct Is ready for use. The worst fea=
ture OF the strike Is that the splendid
organization of miners that has more
than once broken I'LL American records
for hard rock work is more or less dis
rupted.
Some of the miners who struck una
der protest and only because they were
ordered out by their organization, are
working as common iabepers at some
of the camps prepared to man their
drills as soon as the strike Ia declared
off. There are about $50 naeA on strike
along the entire line of the aaueduet,
but at no place Is the work entirely
crippled, In Dry CRAy6a large force
of men is at work building the dam
that Is to convert the eanyeR into q
monster reservoir and the sama is true
at Haiwee, where the largest Feserveip
is to be located,
Practically the only difficulty eeeas=
Toned by the strike at HailRee is that
the tufa mill Is shut deWH and Phil
Winta, superintendent of the Haiwee
division, regards this as aa economy,
as the mill is far ahead on it's tufa
supply
If the money is secured fFem the
bond syndicate William Muihoiland
will use 1t to put some steam shevels
to work that are now idle because Of
lack of funds, These shoveis are dig
ging the open ditch and shutting them
down has been practically the only
place where the piaeh has been felt to
any extent.