The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1915-04-16
VOX POPULI.
COMMISSIONERS SHOULD SELL
BONDS AT BEsT PRICES
. eeesseeeeeee~e

Editor Pensacola Journal
heartily endorse The Journal IN
.ts efforts 60 get the city wharf and
raiiroaa
The bonds for these improvements
we're voted by the people and II IS
incumbent on the part Of cur com
mlssioners 70 push the sale ~ bonds
and make the improvements.
They have no right 20 question the
wisdom of the people in voting those
bonds. even II = few people request
them Is 40 -. The VII and wish ~
the people expressed ~ the polls
should govern our commissioner.
Much r IRE present Indebtedness 10
non productive and hence q dead load
on the taxpayers. This would not be
the case on these bonds II would
Be a source ~ revenue. 80 as 90 meet
In part the interest on the bonds and,
IN time. may more than meet the In
terest And the eject on the In
crease ~ business. would give an
impetus ~ boost the city forward. as
q has done for ether less favored
cities.
A. 20 the sale q the bonds. n they
we're made in small denomination. and
placed before thu citizens OF Penaa-
cola and vicinity. say IN $50 or SEQ
bonds. many people who now have
money on deposit with banks az only
four per cent, or government az two
per cent would Be glad 20 take bonds
at four and one-haif per cent on
gilt edge city bonds ard interest on
the bends Vti be paid % home people
instead Of outsiders.
Money that ~ now lying sdle IN
deposits would thus be put IN circu-
! lation, and money On circulation =
what pays debts and taxes.
The Journal has dwelt upon the ad-
vantage q building nov. while ma
| terial Is cheap and labor Is plentiful
and IN need ~ money, and thus hard
times IN Pensacola wou Be relieved
IN measure. There L. just as much
Money IN TIE country as when times
are good: bat Is not spread among the
people. We need this q help spread
/ little IN time of stress
II las been truly said. God makes
tho copntry. but man makes the city
Tits being the case Il Il incumbent
upon rensacoiians 20 make up and
utilize this wonderful me harhor. and
beautiful site for = clay located Ia the
llnest climate Ia America. and build !
city here 81 several hundred thousand
people. But cities don't build them
selves II takes push and brains q
make cities as well ns natural advan.
tagss. other places far less favore
have built large eiti4s th push ane
hrains.
II We set fear and timid ~ retard ou,
growth and keep as frona helzinw oin
wonderful natural advantages fol
building a beautiful city here, Il mus
be cur own fault
A city may have millions 81 dollar.
Indebtedness and be prosperous II IN,
money has been expended In prontabl
enterprises.
The trouble with our city and peo
gle is we have all got the grip" badly
Everybody Is gripping" hts money, In
stead 81 letting loose az II and so harl
times Is the result. Bacun. the xrea
statesman 81 England. slid
Money is Ike manure; II is nj
good unless it's spread
Right here n Pensacola are million
~ dollars needing 20 Be spread an
u they were spread. times would b
good. II Is slowed away n bank
or Ia old stockings II 81 coo. 600 q
this money was turned loose here.
would pay t5.oooeea debts. in the mex
year and Pensacola would soon be o.
the boom
The building ~ the docks and bel
line road would help put money In cir
culatign. that Il now idle. People c0ul
begin % pay their taxes and grocer
bills Money = the grease e IN
wheels ~ commerce and business an
, when 4 H. locked tbs wheels 500
began % creak.
IL we want good times We mas
keep grease pientlful-money in cir
J eulation - the grease. so push th
sale ~ the bonds, build tha wharf an
railroad. and when that a. zone pun
for some other work thar will brin
money cut u it, hooks and corner
and make Il work
/ This g. the way % huiid q city an
drown hard times.
r. X. worBRIDGE.