The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1912-02-09
J, A. MADDEN
ARGUES FOR BONDS
A BUSINESS TALK BY A BUSINESS
MAN-LET TIE CITY BOARD
AGREE

one of the strongest supporters the
water bonds issue has in Ardmore is
j. A. Madden, the Main street mer-
chant.
The only thing in his opinion that
might defeat the issue is the strin-
gency of the money market at present
and the fact that there might be a
hesitancy on the part of the taxpayer
TO 20 deeper in debt just now.
These considerations, he thinks,
should be self stricken from the mind
of the intelligent voter He should
wake up to the fact that we are in
a position where we have all to make
and much to lose.
There is no question, Mr.. Madden
thinks, but should the water fail, the
insurance companies will either cancel
our fire insurance(or else make the
rate prohibitive and force us to can
eel them ourselves. Even now, with
Il
the insurance people may demand
that all family and other supplies he
cut off at any moment so that we may
save all on hand at present for fire
contingency.
, Fire insurance companies, as every
; one knows, are not charitable insti-
tutions they simply give the insured
so much guarantee from fire loss for
so much monetary consideration and
| the insured-who is really but user
or consumer-must use reasonable
diligence in securing a maximum de-
gree of protection. The less the pro-
( lection the higher the price paid for
guarantee from loss.
This is one great point, Mr.. Madden
+ urges, the people should bring them
, selves TO see that We are insured
against loss by fire. but must afford
our own protection and the less the
/ protection. the higher the price we
| will pay the companies who assume
the risk of loss.
/ When asked what he thought the
sanitary conditions of the city would
be should the residence supply of wa
/ ter be shut off Mr. Madden said he
did not feel himself in "A position TO
/ discuss that feature of the problem.
and said he had to view it only from
business point. but that in all prob
| ability the hYgienic situation would
/ he equally as grave as the other.
There is one thing which | think
/ should be done" Mr.. Madden said,
and that is this-the Board of city
commissioners and the mayor should
! be willing to agree with the people
of ArdmOre, that should there come
/ rain in sufficient quantity to fill the
city lake and give us the needed sup
| ply of water, even after these bonds
are voted, they Will not he floated.
Let the tax paying voter be salts
, fed Mr. Madden continued, that
! he will not have a tax TO pay which
| is unnecessary and therefore burden
| and he will not hesitate to vote this
/ bond issue through. This is the point
| which | wish TO emphasize and
would say further that the greatest
argument the mayor and board OF
commissioners can make will be to
( come out before the people of Ard
/ more in the local newspapers and
agree to do this Let them say in
black and white, that if We get rain
. in sufficient quantities to fill our city
lake at any time, even after the elect
! ion. the bonds will not be sold. Do
this, assure the people that an unnec-
essary tax will not be foisted upon
! them and the bond issue will carry
hands down