The Bridgeport evening farmer., 1914-05-11

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 So Isssay that when we get ready to borrow wholesale, we had better do it on low market instead of a high one.
 call your attention particularly to an issue of s200.o0o to build gra mmar
 The Board Of Education hasn't ask ed for this issue. It was originally proposed upon the idea that the pay as-you-go plan would be abandoned for the construction of schools. But the tax board refused to abandon the plan. They raised the regular revenue for schools. But these people are So anxious to create a big debt that they put the bonds on the machines. and there you are.
 Neither do we need a new bridge sat ast. Washington avenue, and if we did 1t would not be policy to build it until our relations with the Con- necticqt company are estabnshd. This company is ordered by law to. pay it's share toward bridges, but nothing ha S been done by anybody to make them live up to the law, and if we build any bridges now you may >be pretty sure the city will pay it's own share and the share of the trolley mon- opo1y.
 There is a. set of bonds they call high school equipment bonds Those people want to create a long term, interest bearing debt for desks and chairs. Who eyer heard of such a thing, outside of a 1unatic asylum?
 There is the issue of sewer bonds, which they insist a court has ordered That is an unqualified deceit. Nothing of the kind has happened. The court has ordered work done at the head of the Pequonnock river. It will cost perhaps $125, 0o0.
 The. city pays but one-duarter of the cost. The property owners who use the sewers pay three-uuarters of the cost
 To get the money necessary to do the. work the court has ordered an addf- ton of quarter mill to the grand list will be sufficient.
 You are asked to vote $500 coo in sewer bonds. This sum will build a million dollars worthaof sewers, prop erty owners using the sewers paying three fourths of the cost.
 needn't say to you again that a municipal bond is a mortgage on the home. If any of you doubt it you may remember that only a few years back the holders of the city's bonds issued to assist the Housatonic rail- road. did send sheriffs in here and did attach private property for that public
 have told you that this deht is urged by certain interests Why? Be- cause if we go deeply into debt for unproductive things, wearvi1I not have the credit necessary to obtain money with which to buy productive things
 There is also the debt limit The law does not permit city to borrow neyond certain percentage of it's grand list.
 When this point is reached and we start to buy that ice plant, which the people voted the other day and which has been os ingenuousIy side- tracked, these same men who are now telling us that a, great debt means greater Bridgeport, will come forward with tears running down their fur rowed cheeks to tell us that alas, we cannot get the money with which to build the ice plant because we have exceeded our debt limit.
 They will give you plenty of debt for Black Rock boulevards, but not . cent to make ice cheaper, and they. will spend millions Of your money to prevent you from getting such com modit1es as gas, water and electric current at most, or in such a way that the revenues of the city will be increased.
 They give you everything that don't pay They keep everything that does pay.
 Tn conclusion MT. Wilson displayed a post card upon which was printed a statement in favor of debt. He, said:
 want you to note that three Of ina gentlemen who implore you to 20 into debt, who have signed this card. are directors in the Bridgeport Hydraulic Company, which of all the monopolies in Bridgeport has most to fear from municipal ownership, for it takes the greatest profits, charges the highest prices and pays the smallest taxes rel ative to what it ought to pay