The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1915-01-20
WILLIAMS IS
OPPOSED To
BOOM TOWNS
POINTS CCT EVIL RESULTS
~ ESE CITES CyER7Eac-
THEMSELVES ~ MAKING osLf-
CATIONS

p Hh-s-s = lis Message % he =
. Stature. -oi1ted o.. 10 ev-a EJECT
. q ban. H= fond his occzst5.
p Z t1s Feco11s1 dztio- nat The uor
e q municipalities u ovs--=z..
t1eI.f-.r. n me Esz-ts- u o5..zz
i'Dns ,= cl-. . = &. ..ae-t-=1
+ 70 1T esL.i-tst.o2. Cor..ro. VII
':'rs q. 5-s. re a.3AzL: street.
-. T. sDJr. tn, ssli.. 4ae- IL
D.. i'si.' ss-= >I s.opi.-z ,.e.e. Ehics
E1T '7.'eLi ce,yee1 fe.ds .. vhes,
he hzs .1'=G .he ~ o.r:.. g.-1--as
I'11ed ..9~s'e:.es. 'ast can 10.
:o;" :Jr Na..czr.o. o., O, ne aa.e:.
co.s'eA H=Ts - his conclusion:
! c'e4t ims5verisnes Many.
"n.!s. c-e1.- Ia. b-opza, riches
- many &: aas .mpove-i.aed ms1:.
Hsed.- :. always e1e:c.zed by -a-
capable :.-..ess naE H..a grea. care
aal T;! 4 .es-oL.o.e sinking :i.c
y ".u:.y r'1C- -esEo.a1,. safeguard.
20 rlee' emergencies. The bl=.n-ss
man ~aO leg :i.- c-ed., and weata-
e!s a.! storms = we.. Da.!asted VIE
hi. ind. idus! business 20 illustrated
I; aec"ses-.ly ',l.JE. tha, credit.
7hen exercised by mua.c. p4,!r.es o.
other political subdivisions, should
," e1eFcis"c with gr"a; care. In or
Gc: for " 10 have this care !, j..
ss.::t'al trtt safeguards and limita-
ton. b" imposed The electors o,
mun.c psl.'!es should n.ycr !n.pOse
Hortga zes in Tie way Of mun.cipa.
securities upon the future excep;
WREN IN adequate necessity exists.
and then und~r reasonable limitations
One O' thc dangers OF any community
~ in Developing too fast. and taking
upon themselves too many Obllga.
tons. We should advance and pro-
Grcaa "isely, carefully and surely, 3,
that there should be no reaction.
We feel row the burden Of the hand
%! the tax gathercr, but /. We Gx-
anime into details We find that
great part OF there taxes are gather .
cd every year TO provide sinking |.
iund for municipal Indebtedness. Oft- f.
time. this Indebtedness has been
created under the feycrl.h spirit o! .
and after the obligation
has been made, and on reflection We
would not then have made the obli-
CATION
Section 20 OF article \ q! the
constitution pes mite c.palitps to
become indebted generally 10 an
ihomt in the aggregate not exceed
ng per cent Of the valuation OF
he taxable property therein. to b.
from the last assess men,
or state and county purposes pre-
'ious To the incurring Of such In
l"btcdness. provided that three ffths
If the voters thereof must concur.
Indebtedness Without Limit.
Section - Of the same article, ,
n addition permits municipalities to
'ecOmc indebted without limit for the
urpOse of purchasing or construct
ng public utilities or for repairing
he same. to b" owned exclusively
y such municipalities. provided that
uch be authorized by a majority Of :
lc properly qualified taxpaying vo-
'rs OF such city. Section q extends
10 much credit to municipality u
nd fixes II so that municipality I
lay easily be bankrupted during a y
prlod Of feverish development Ad-
itlOnal safeguards should be adopted :
, as 10 insure safe and sane develop q
Ient and protection 10 the taxpay-
rS. 1
81 accordingly recommend that an n
Dendment be submitted imposing n
- same restrictions In Section - II
9TH az 10 limitation In amount and c.
: 10 the number of voters TO assent
) are contained In section %. by
Iis means, then. a municipality can
)t become indebted for all purposes !,
} an amount in the aggregate not u
feeding 10 per cent of the valua- :, y
on or the taxable property therein. y
be ascertained from the last as +
'ssment for state and county pur-
,ses previous to the lncurring of
ich Indebtedness"