Los Angeles herald., 1910-04-13
ALEXANDER ASKS
BIG BOND VOTE
Mayor Declares That Harbor and
Power investments Will Bring
Revenue to the City

An appeal to the voters to go TO the poll
next Tuesday and vote for the harbor an
power bonds was made by Mayor Alexande
in an open letter yesterday. The mayor in hi
statement SAYS:
As the executive head OF the city of Los
Angeles 1 deem It my duty to call your
particular attention to the election to be
held in this city on Tuesday. April II, 1910.
for the purpose Of authorizing the issuing
OF 5000 900 for harbor Improvement and
ss.500. 900 for the purpose Of building power
plants along the Owens river aqueduct.
Both Of these propositions are money
earners ana in no sense represent the in
curing of a burdensome Indebtedness; for
eventually they will pay not only the ex-
pense OF operating them. together with
Interest on the bonds. but will provide
sinking fund which Will pay the principal
without additional taxation. and Will pro-
duce a revenue which should be sufficient
to wipe out the entire city Indebtedness.
No city was ever before presented with
such an opportunity. one that will Insure
its future growth and prosperity. and In
tho future contribute to the expenses Of
maintenance and remove the excessive bur
den OF taxation.
The aaueduct will develop a capacity Of
900 electrical horse power. mean
capacity of 60 0Oo-horse power can be de-
veloped daily. This means an enormous
permanent asset. and 1t is estimated that
the profits from the power plants Will more
than pay for the entire aqueduct project.
AT the present time the city is paying
about S240,0o0 annually for electricity for
municipal purposes. This can be eliminated
by the construction Of a power plant, and
the location of manufactures here will be
greatly encouraged by the fact that the
city will have electric power to sell at
cheap rates.
HARBOR MEANS MILLIONS
The improvement of the harbor means
that we will have the advantage of cheap
transportation for our manufactured pro-
ducts; that we can offer the public dockage,
wharfage and warehouse facilities at the
very lowest price, and the recovery OF the
tldelands In the harbor for the use and
benefit of the people means millions in
value and affords the most advantageous
locations for factories.
Los Angeles entered into a contract with
Wilmington and San Pedro and agreed that,
il they would consolidate and give the
control of the harbor and its earnings to
the consolidated city. the harbor would be
improved by the great city so that the con-
solidated city would reap all of the ad-
vantages of the opening of the Panama
canal
History shows that the best investment
of cities is the improvement of their har-
bors Immediate growth and prosperity at
tend such development. and thereby is af-
forded access to the ocean, which is, in
truth and in fact. the peoples highway.
This. insures protection against railroad
combinations.
The development of the power plants and
the Improvement of the harbor will, in my
opinion guarantee that Los Angeles will
be a city of a million people within very
few years, and the territory contributory
TO our harbor will be developed propor-
tionally.
/ earnestly urge you to vote for the bonds
before going to your places OF business,
and 10 see that your friends and neigh
bors do likewise, Do not rely on the other
fellow to do II.