Los Angeles herald., 1910-04-18
GOVERNMENT WILL
WATCH BOND VOTE
To DECIDE ACTION
Federal Appropriation Hinges on
the Amount of Enthusiasm
Shown in Election
CORPORATIONS ARE OPPOSED
Single RemonstranCe Against
Issue 0verruIed by City At
torney HeWitt's Decision

nY TOMORROW night the people Of
* Los Angeles will know whether
~ or not the harbor and power
plant bonds have been carried by the
voters of Los. Angeles by their rightful
majority; and they will know also
whether or not the voters of the city
are thoroughly loyal in their support
of those projects which go to insure
the rapid development and permanent
upbuilding of our metropolis.
1t is extremely mportant-eVen
necessary--that these two bond issues
be voted by a considerable majority
for on the enthusiasm and determined
support of the citizens will depend
appropriations aggregating nearly one
million dollars which now are pending
in congress, and the success of which
relies greatly on the strength of the
vote in Los Angeles, for il there Is not
a heavy vote and much enthusiasm
manifested, the federal officials will
take advantage of Los Angeles apathy
and i'm the administration desire TO
limit the present financial budget Of
the nation, viii say that these impor-
tant appropriations can be safely post
poned.
The voters of Los Angeles must
evince their determination, as can only
be done by large VOTE and If large
vote is cast in favor of the bonds, the
national congress will deem it i'm
portant that the government should
aid in our immense undertakings.
The only opposition so far developed
against the bonds Games from an IN
dividual by name of Powelson. whom
no one seems to know and who evil
IDENTIFY represents some power company
or other corporate interest opposed to
the power bonds, because of the fact
that nv ufi1iZiner fha 2O0 n00 electrical
horsepower the city will encourage and
provide for the erection of municipal
power plants capable of running innu-
merable factories, and these private
power corporations will lose accord
ingly.
HEWITT DEFINES LIMIT
Powelson's support In the opposition
10 the bonds cannot be traced, but in
the last week IL is said that he has
circulated about $1,000 dodgers urging
the voters not TO support the bonds,
setting forth virtually as his only log
ical reason that the city Is at the limit
of its bond issues.
City Attorney Hewitt, discussing this
phase of the matter, again said last
night:
mo more bonds will be necessary to
complete the aqueduct The statement
that the city is now bonded to its le-
gal limit is untrue. Los Angeles can
issue bonds to the amount of one-ff-
teenth of it's assessed valuation, which
would permit us TO issue about $15,000,-
900 bonds more than have now been is
sued, which is more than enough to
cover any projects that may arise be-
fore the completion of the harbor and
power plant projects The revenues
from these improvements will rapidly
remove the indebtedness and provide
for other improvements yet to be con-
templated."
The Hollywood board of trade yes
terday Joined in the campaign to Sc
cure heavy vote for the bonds and
sent out the following appeal:
The harbor and power bond cleo
ton will occur Tuesday, April 10;
don't slight this-take a few min
utes-go 10 the city hall and vote
for the bonds. Aren't you tired OF
paying 10 cents per kiloWatt hour
for electric lights? Wouldn't you
like to get your lights for cents?
That's what will happen-perhaps
it will be even less. The saving to
Hollywood people the first year will
more than pay their proportion OF
interest charges and in five years
after Los Angeles gets her great
power plant to working the net rev.
enues will probably be S1,000,00O
per annum. 1t is estimated that
the income from the power plant
will pay the interest and princi-
pal on the entire issue of $23,00O,000
of aqueduct bonds.
Don't be careless about a matter
so vital-it means a saving to you
now and much more in the future.
All commercial and civic bodies in
Los Angeles have indorsed these
bonds. The old registration Is good
for this election. Vote before go
ing to the city-at city hall-Tues-
day, April 10. Polls open from 6
a. m. to p. m.
HOLLYWOOD BOARD OF TRADE.
p I. REVERIDGE, Chairman.