The Bridgeport evening farmer., 1911-09-01
COODSELL ADVISES AGAINST HEAVY BURDEN OF BONDING
 FOR SEWER CONSTRUCTION
Tells Democrats That Promoters of Herring Scheme Couldn't Unload it Onto Republican Administration and Shouldn't be Permitted to Burden Democratic AGm:ns1a-
 tOn With it

the face of it like obvious inaccura- cies being used to create a wrong inn pression on the minds of the Honor able Sewer Committee.
 The sewer matter strictly speaking should not be a political question, but present conditions lead me to believe that to certain extent it may be good politics for the leaders of the Republican party to have the present administration loaded down with bonds for this sewer project, which their own administration turned down.
 The platforms of the Democratic party always pledge economy of ad- ministration in the interests of the people, or they ought not to succeed or thrive, for the reason pledges must, be kept and not broken
 If my former communica tions have been carefully read, the reasons giv- en, why this unnecessary sewer SyS- tenn should not be entertained, ought to satisfy any person, and should be more than sufficient to justify your Committee in refusing to be influenced by committed parties, who it is nat litical capital to defeat the Democratic party with.
 Heavy Burden.
 If the Herring system is adopted you will be piling up burdens too heavy for many of our people to live under. No party can build up the credit of its city by mourning debts greater than it's natural growth war rants. It will only be a few years before the bubble will burst The people have shown their faith in your Honorable Body by electing you to positions of trust. Your acts will show how you are fulfilling that trust
 The Republican party would not dare to assume the record of increas- ing the bond indebtedness of our City for S1.000,0 900 in one year, besides a proposed indebtedness in the future of several millions more for a sewer, system that there is no earthly neeo of. On the other hand, they are pull ing every wire possible to place the odium of what they would not do while in power themselves, upon the Democratic party now in power. Can you not see with your eyes closed, that from their standpoint this is the very best method to raise a political issue to go before the electors with, and they could honestly say Look at our record, and then look at the rec istration.'
 What Bonding Means.
 Our party claims to represent by the strictest economy the taxpayers in- terests. Can the present administra- tion make any such claim if it adopts the Herring system?
 The issuing of $1 1,000, 900 of bonds at the present time as an illustration, for a period of thirty years means that before the interest and bonds are firl- ally paid, it would cost the taxpayers in the neighborhood of two million of dollars for the principal and in- terest charges. This is what exces- sive bonding means to a City of small means, and especially so to the larger proportion of our taxpayers in the City of Bridgeport. If these several mill lion dollars of bonds should be even tually issued to pay for the Herring Sewer System the total issue would cost more than double the amount of the bonds issued before the final pay ments were completed.
 Heavy bonding will soon exhaust our borrowing capacity and if the time comes when it is desirable to pur- chase public utilities of any kind, where will you secure credit if the City at that time should be weighed down. with a heavy bonded indebted ness. The Citys assets being heavily encumbered would mean increased in- terest charges even if parties were found to purchase the bonds. The greatest charity in this world is to assist others to help themselves. and under no circumstances to be the means of placing burdens upon those trying to succeed, that they can- not survive under.
 Respectfully yours
 ZALMON GOODSELL