davidaulloa/AmericanStories huggingface dataset:
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1915-06-09

Rooms for rent, furnished or I'M
furnished. Inquire at this office.
For Sale. Strictly modern house,
big snap for cash, or will trade for
western land. 1t will pay you to look
this up. Apply at this office.
Hay for Sale. Nice, fresh alfalfa
hay, delivered or in the field. See
Fred Riley, or phone 422 blue.
Three rooms for rent over the
store.-Osborn's Drug Store.
Wanted, at the feed store. oats.
corn, speltz and barley. also your
trade.
First SIS buys my hunting boat
and boat cart, worth about double
Geo. N, Mellon.
A. L. Sommers of Chester was in
the city today, making the trip by
automobile.
Lost. A crucifix and five beads of
a topaz rosary. Finder please return
to this office.
For Sale. ESQ acre stock farm.
8 II miles from city of Madison. Price
and terms reasonable. Inquire at
this office.
Miss Vera Beck. teacher in the
Sioux City schools, is home for the
summer vacation.
Miss Josephine Munson was an
evening passenger for DeSmet to
spend a few days with friends.
Mr.. and Mrs. Dan Lawler were
morning departures for Chicago TO
call on the formers aged mother who
resides in that city.
Miss Mary Fitzgerald, student In
the Minnesota State university, was a
homecoming passenger by the north
train this morning.
Mr.. and Mrs. VIM. Rae were morn
ing passengers for Sioux Falls to at
tend the Masonic grand lodge meet
ing in session in that city.
Mrs. j. G. Schultz, daughter Esther,
and little son were morning depart
ures for Freeport, Ill, to spend a
few weeks visiting relatives.
Mr.. and Mrs. Robertson, who have
been guests at the home of the lat
ter's mother, Mrs. f. d. Mitchell, sol
West Fifth street, departed by the
afternoon train, returning to their
home at Deadwood.
Frank Hammer of Franklin was in
the city today, the first time since
Christmas, having been confined to
his home laost of the time by illness.
Mr.. Hammer will depart next week
for his former home in Wisconsin on
a prolonged visit.
A white frost prevailed in this vi
entity last night, nipping tender gar
den plants, but it is not presumed
that any material damage has result
ed to corn and potatoes. Small grain
fields were never so luxurious, and
farmers predict that the cool weather
has assured for this year the greatest
crop of small grain for several years
past.
Chas. Glatz is e~xcavating for the
erection of a building second lot
north of the Kennedy bank building
corner Egan avenue and Fifth street
The structure. it is understood. will
be 100 feet deep. two stories, built
of poured concrete. The building has
been leased to a Madison business
man who, however, requests that his
name be withheld for the present.
The new electric light post erected
by Roche & Nelles, corner Egan ave
nue. and Fifth street, has been q
source of admiration today and sug-
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1915-06-09

DIR. Kings New Life Pills are now
supplied in wen corked glass bottles,
containing 36 sugar coated white pills,
fer % cents. one pill with a glass of
water before retiring is ar average
dose. Easy and pleasant to take. Eff
fective and positive in results. Cheap
and economical to use. Get e bottle
today. take a dose tonight-yodr con-
stipation will be relieved in the morn
ing. SO for Csc, at all druggists.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1915-06-09

One-fourth TO one ~teaspoonful OF DR..
Kings New Discovery, taken as needed,
will soothe and check coughs, colds n
the more dangerous bronchial and lung
ailments. You can't afford TO take the
risk of serious illness, when so cheap
and simple a remedy as DR.. Kings New
Discovery is o~btainable. Go to your
druggist today. get a bottle of DIR.
Kings New Discovery, start the treat
ment at once. You will be gratiled for
the relief and cure obtained.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1915-06-09

Don't neglect a summer cold. A
bronchial cough causes broken sleep and
lowers your vitality. Foley's Honey and
Tar Compound soothes and heals raw
initamed membranes. stops tickling in
hreat and clears stuffy, wheezy breath
ing. Contains no %opiates; children like
it; good for all colds, coughs, Group and
bronchial affections.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1915-06-09

Ceylon declares that the disturbances
were due TO racial and commercial
animostity and not directed against
the European population or the
colonial government.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1915-06-09
THE CITY.
REPORT.

Showers tonight and Thursday;
warmer tonight and east portion
Thursday.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1915-06-09
approved:

dppTUNtu.
j. M. Duff, health officer.
j.. w. Walden, city treasurer.
r.. b. Fitzgerald, plumber bond.
+. l.. Biederstaedt, plumber bond.
G. f. Shifiet. billiard and pool bond
The following bills were read and
allowed, Mayor Waskey voting yes,
Commissioner Johnson yes, Commits
sioner Kundert yes:
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1915-06-09

Picture of electric light post erect
ed by Roche & Nelles, corner Egan
avenue and Fifth street. Madison
hopes Vol to be provided with a
series of these posts.
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1915-06-09
CITY BUSINESS
PROCEEDINGS OF THE COMMITS.
SIONERS OF MADISON IN
MONTHLY SESSION.

Regular meeting of the city COM
m~issioners was held in the city hall
Monday evening. June Z, 1915, Mayor
Waskey, Commissioners Johnson,
Kundert and Auditor being present.
Minutes of previous meeting were
read and approved.
Report of city treasurer for month
of May was read and. on motion, was
accepted, report being as follows:
The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1915-06-09

Plumbing Supply Co, hy-
drant repairs .......... 2.5O
On motion commission adjourned.
WIN. Rae, City Auditor.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-01-20
TWO DAYS GONE
Continued From First Pageo

that your efforts produce the winninh
Of one of the competitive ballots
SO few are advised. The time Tor
action Ia new. what are you going
to do?
DISTRICT I.
Votes
n. III. Adams Eastviile $3.50. IS. 600
w. r. Brcaddus. West Point 20, 900
Miss Frances T. Bellows. White
stone sS1,UVV
Lawrence II. Biilups venter. 7.T1o
Y. p. Clark. 6yr!nSa IS, 900
Rev. C.. NJ. Billings Tarnham.
Va ... ... 3s. 900
j A. Coates. Acorn i4.0ea
Z. NJ. Chase. Ki.marnock 81 600
g. h. Dodson. I1twaitor .,... 5000
Rev. W. c. Foster. Bay View 80 600
W A. Gibson, Run .,.. 3.Soo
4. 8. Hornsby. Exmore 49,. $3.50
J, w. Hail. Warsaw. 1880
W. +. Hayes. Capeville .... $3.50
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-01-20
COMPANY MAKES
SPLENDID SHOWING
RICHMOND TRUST AND SAVINGS
co. SHOWS $4,000 EARNED
SURPLUS IN TWO YEARS.

I The annual meeting of the stock
i holders OF the Richmond Trust and
Savings Company was held in the
offices OF the company at noon yes
ltcrday.
/ The meeting. which was presided
4 over by Charles Straus, was well at
tended.
/ The special feature was the report
Of the president. Mr.. L. l.. Bemiss,
who embraced in 1t g. fun audit of
the company's affairs. including the
real estate and foreign and travel de-
partments, together with the business
! Of the Mortgage Guaranty Corpora
ton. which is owned by the trust COM
paRy.
h The report Of the president showed
Ian earned surplus and profit account
/ of more an@$110.0 09 since the COM
pany began business, about two years
ago, not including a margin of 500
900 TO $4,000 value in securities and
current contracts which have not been
lapplied.
4 The report was most gratifying to
the stockholders, especially in view
Of the fact that, due to the depression
caused by the war. neither the for
eisn and travel or the real estate de-
partments created profit for the
1 year.
4 These departments, however. are
great convenience to the customers of
the bank, and to the general public,
being patterned after similar facih-
ties by the large trust companies of
the metropolitan cities. and 1t was
shown that. despite the unfavorable
conditions referred to above. they did
a combined volume OF business
amounting to Approximately $780,
900.
| In electing directors, Messrs. A. r.
E1lerson, manager of sales. Virginia.
Carolina Chemical Company: Charles
n. Weber. general commercial super
intendent Chesapeake and Potomac
Telephone Company, and Berkeley
Williams. Of John l.. Williams a
Sons. were added to the former board
that Mr.. Berkeley williams goes on
IN place OF Mr.. Lancaster Williams.
LOT Baltimore. The present board In
ciudes the following: Benjamin p. Al
sop. Charles y. Anderson. e. L. Be-
miss, Joseph b. Beasiey. n. g. Bins
wanxer. James n crump. George
Ben Johnston. J. William MID
ITravers. James q. T1nsley. Granville
G. Valentine. Henry @. Elicit, John
g. Elicit, George A. Gibson. Eppa
Hunton. Jr.. Charles II. Weber. A. R.
Ellerson, Thomas 8. Wheelwright
LAngbourns M. Williams John r
Wilson. Stewart M. Woodward and
Berkeley Williams.
Immediately after adjournment of
the stockholders' meeting. the direc-
the election OF the former officers as
follows: =, L. Bemiss, president:
James G.. Tinsley. vice-president:
Charles J. Anderson. vice-president:
r.. j. Wlilingham. Jr., secretary and
Itreasprer.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-01-20
COMPELLED TO
REPORT DRUGGISTS
ACTION OF STATE PHARMACY
BOARD IN COCAINE GASES Is !.
AWAITED WITH INTEREST.

The State Board of Pharmacy was
engaged yesterday at the Medicai
College Of Virginia examining thir.y
seven candidates for certificates ms
work consumed greater part OF the
day.
The candidates come from every
section Of the state. There are no
females amorg these applying ana
no colored applicants.
The board will sit in ttf ofiices AT
,he Capitol today to examine the pa
pers, and pass upon the applications
il is generally understood that some
action will be taken In the cases Oh
druggists who have been found gull
ty OF dispensing drugs contrary. to the
statutes. particularly in the two eases
recently attracting much attention III
the Richmond courts.
Secretary T. a. Miller sald ester
day that as druggists Roland Childrey
and Judson Cunningham, Of Rich
mond, had confessed to the sale OF
prohibited drugs against the statutes
he would be compelled TO report thenl
TO the board. What action may pc
taken il purely conjectural. Bo.n
druggists have heretofore been heio
In the highest esteem by the citizens
OF Richmond and by their fen"W
drugEists.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-01-20

ARREST BOYS FOR
WEINTRAUB'S DEATH

Warrants charging william Lowry.
Bryant Malone and Joseph August.
the three boys whom . coroner's
jury Monday held responsible for the
death Of Louis Weintraub. mer-
chant. were sworn out yesterday AZ
ternoon by Detective Sergeant Wiley,
charging Involuntary manslaughter.
Weintraub died In his home, 27l2
@ Street. on the night of January IL.
supposedly OF heart failure. Later It
was learned that his death was prob
ably caused by his being worried and
tantalixed by boys who. 1t is said,
threw rocks into his store.
Lowry and Malone. two OF tho
boys arrested ale seventeen years
old. and win be tried In the criminal
courts. The penalty for involuntary
granddaughter is one year In Jail. .
fine or both. Joseph August, the third
boy. is only sixteen years old. and
will, therefore. be tried in the
Juvenile Court.
The swearing out Of the warrants
came as the result of a consultation
held yesterday between Coroner Tay-
lor and Commonwealth Attorney
Fowikes.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-01-20
MRS. QUINN'S CASE
IS CONTINUED

The case Of Mrs NJ. E Quinn. OF
Henrico County. charged with shop
lifting. was yesterday in Police Court
continued until January IS, because
OF the absence from court of ply
sicians who recently made an exami-
nation into the wuanAns mental con-
dition. Mrs. Quinn Is charged with
stealing an article valued at Atty cents
from Thaihlmer Brothers, depart
ment store. Though tho commission
of lunacy decided that Mrs Quinn was
sane, Justice Crutchneld desired to
question them before deciding the
case, and for that reaaon postponed
hearing Il until January IS He
ordered that summons be served on
the PHYSICIANS for their appearance
in Police Court on that date
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-01-20
|ST. JAMES, METHODIST
GET TOGETHER MEETING

An attractive and enjoyable social
and musical entertainment will b
rendered the members and friends Of
St James NJ: e. Church. Marshall
and Twenty-ninth Streets. tomorrow
night, The affair will be under the
auspices of several OF the ladies o.
tn church. and has for its object tho
bringing Of the membership into
closer touch with each other. ~ well
as into nearer relationship with the
work of the church. An excellent
program will be followed by refresh
ments. - s@
st. James Church has recently
entered upon its twenty-fifth year,
and plans are already under way for
an elaborate celebration of It's silver
anniversary on the 18th Of November.
1915. Rev. Jas T. Green, pastor. ana
the leaders in the church are work.
ing TO the end of making this Inc
banner year>of the charge.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-01-20

$3.50 Quality. now. .......... S2.3s
Mrs. A. w. jennings. Toano $500
%. o. Mitchell. Globe. Va. $500
L. c. Mears. Keller -....... 5000
Rev r. b. McSparran. ur-
alrs aA Harry q. Goodwin. irving
Rev J. J. Gregory. Waikerton. 800
L. w, Hamilton. Cape Charles. $500
w. r. Mooklar, Mangohick. ,27o
Cateshy Ware. Dunnsviile. 49,. l0,1le
VIM. r. waddell, Tnnstali $1,000
w. L. rassaro, Exmore o.oos
Thos. II. Powell. Templeman s.4o'
NJ w. Pu.ler. King William c
Julian r. Moran. Mangohick 10000
c. A. Warner. Tappahannock. 1890
a. c. Kelly. Globe S,.Io
Mrs. sidney Smith. Yorktown. 5000
Allie E. s. Stephens, wicomico
u c = T'r,ee v.n,.r = '....'... 1900
o. II. Shackieford. Gloucester
r. d. sutton. Plain View -. a4,aoo
]. s. Tyler. Onancock ...... $1,000
Rev. J. f. Hearn, HeathvilIe. $4,000
W. II. Loving. Beazley's. = 5000
F. 8. Lyon. Newport News. 5000
j. l.. Van Pelt. Newport News. 1000
Mira w II. Ware. Gloucester
Or. " r. Dunavay. Brook, !.
Rev. c. II. williams. OnIey :. .12.17o
Miss Virginia Hamilton. Newport
News ...........-. xo'IAS
r. C.. French. Lot. ....... iS.72o
b. Hal Robinson. Lancaster
G I NJ Mis-. white Marsh ...ss e 900
DISTRICT =.
Mrs j. NJ Bland. Boykins -. $3.50
8 v. Camp. Eebrell ...... $4,000
Miss Jennie Cov.ngton, Suffolk s7.obo
Roy r. Knight. Franklin. ..s,ses
w. r. Edwards. Isle of Wight. $4,000
w. r. Hall. Zuni 1880
John e. johnson. Hickory. 1850
Howard Luke. Holland. Va. 2s.l0o
Mrs. J. q. Mccoy, Deep Creek. :s.4oo
Mrs. J. s. Cuipeper. Ports
w. q Martin. churchlane. $500
K. A. Scott. Route 3. SmithneId. $3.50
A. w. Parker, franklin. =. A. $50
Miss NJ. B. Presson. ChuckA.
Rev ssef E. r. naamun. Norfolk. $3.50
r. II. Timberiake. crittenden. .s.2le
Mrs. G. n. Rood. Londonoridss. $500
willard N Council. Franklin. At. 900
william Vincent Rawlings,
MRS raP r F. Coleman smi,hn.ld .s.oss
e. p. westbrook. Courtland. 23,Sao
DISTRICT >.
Mira NJ F. Atkinson. asos Eas.
" ' 8 srocswell. All Nichoi-
n 10" Anna p. Br,.i. isis =.
J. F F. bauer. ais n Lomsaray. 1900
Miss Norma Chsatham. AS n.
". ss 3. carne.i. a;si Monument. Is. 500
l. A. Grow. so2 E. Leigh. 1850
Mrs. @. c. Dillon. s3i 8
A. n l. Douglas. lass Mo:ey. .i.Sos
+ = G nao,man l,o 5s n s sR1n. 5000
Miss Edna Grimes. III Decatur. 1 4. 200
Graham Glenn, AIT Taylor $50
w. J. Gillian. Jr.. TOT N. -.
nox,j. 040
creed as Haskins. 4os II. Addison. 1859
w.. ss.16o
nv w r Hal, sss II. TIN. $4,000
w unnL.r aaa Temu1e 3S. 900
M ' w Harden sol N. 2ad. 2s,7se
nss. IL. r Ionr.or xoa ~
". 1s,h street. ,,..S.sle
trn~hrou~h sa07 w. Grace 2, 400
~, NJ ~. eIos "a Clay "A. 600
Mrs, j. r. Lo"'oen % n. 900
IIAy "a. y MEAD 90 coo
a.. 'nart M,,cha,, lis ".
az. Al. Ooe
x.,as E,i.ah..h Marian 1909 e.
SiiSs .17.11O
nv ~ s,.ar. =o-e.. win .lS.z<0
! y. 49,. aka rlovd Ave .1l.lO0
1 r. 1u "a Nsi.an aa1a WILLIAMS
III ~, ~ "a $1,000
III les Moore eoss W. Grace. $1,000
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-01-20
SUES LEO KIDD AND
TRANSFER COMPANY
MOTHER OF PAULINE THORPE
ASKS DAMAGES IN SUM
OF $4,000.

As an Aftermath OF the automobile
accident for which Leo Kidd has been
ha1d criminaliy responsible by the
courts on yesterday Mrs. Nellie H.
Thorpe. Of ll07 IL South Randolph
Street, mother and administratrix of
Pauline v. Thorpe. entered suit
against Leo M. Kidd and the Rich
mond Transfer Company in the sum
LOT $4,000.
Miss Thorpe died a. a result OF a
collision in which the automobile In
which she was riding driven by KIDD.
colltdcd With . taxicab Of the Rich
mond TrAnsfsr Company.
Mrs> Thorpe IL represented by the
arm OF O'Flaherty. Fulton and Byrd,
who entered the tsuit IN Hastings
court. Part II. IN order to get a
that the defendants are Jointly re-
sponsible for the wrongful death Of
her daughter. Miss Thorpe sustain-
ed fracture OF the skull In the COLI
Lisbon and never fe9Alned conscious
ness from the hour Of the accident
until her death several days later In
the Virginia Hospital.
Kidd. whose escapades have been
numerous. was much more criticised
In this trouble than he probab bly,
would have been but for his record
He was tried on an involuntary man
slaughter charge In Police Court ana
given six months In jail and fned
$500. On an appeal to the HustinRs
Court he was again found guilty, but
the Jail part OF the sentence was re-
duced to thtee months.
| His attorney. L. O. wendenbura.
moved that the verdict be set aside
as contrary to the law and evidences.
and argument on this motion liz yet to
| be heard.
| The transfer company has already
gotten judgment against Kidd for the
damage done the taxicab in the coll
lision.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-01-20
BELIEVE GRAVES is NEGRO
WHO KILLED DETECTIVE

Charles Graves, q negro with sever
al aliases, who was arrested here
Monday. night by Detective Sergeants
KrenEel and Atkinson. 10 being hela
on q charge of being 4 suspicious
character. until further facts concern
ing his record can be obtained Graves
Is believed to have been the negro
who. about . month ago, killed = rail-
road detective in Greensboro. ". c..
when caught in the act OF robbing I
freight car. 1t 10 alleged that the ne
gro struck the detective a terrific
blow over the head With blunt In
strument. from which injuries he
di&d several dAys later IN Grsens-
Aoro hcspat1 80, = =
HI Aa1ailAnt escaped. ana 4sOm In
sssss M e 4
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-01-20
YOUTHFUL GROOM
IS HELD By POLICE

Especial 10 The Richmond Virginian)
Baltimore. Md, Jan. ls.-Cupid was
struck a heavy blow by the police
here today when the hearted
limbs OF the law intercepted a youth
full bridal pair en- route to Richmond,
Va, to visit the grooms father. "A. d.
Duesberry. The groom Ia seventeen
years OF age and the bride fifteen.
Young Duesberry is held on charge
OF perjury in reference to the ages of
himself and bride
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-01-20
MORE HORSE FLESH
is HEADED THIS WAY

Lexington KY. Jan. ta.-The
British government today completed
the purchase OF 1000 mules IN
Kentucky They will be shipped at
once via Newport News.
About 5000 horses purchased by
the French government for cavalry
mounts will leave here this week.
Polk County observer. (Monmouth, Polk County, Or.) 1888-1927, 1915-03-09
BOYS FOOL POOL HALL LAW.
Club Formed at Falls City and Regu.
lation Puzzles Council.

Falls City is facing the problem of
barring youths between Is and q
years from poolhalls. The boys went
before the council about two months
ago to secure permission to play pool,
but since the state law covers the
subject, the council took no action
The boys prevailed upon one of the
owners to close his poolroom, and a
private social club was organized.
AS the public is barred and as no
charge is made for pool playing, the
council in session last week was un-
able to devise method whereby the
club could be handled effectively and
according to the liking of the majori-
ty of the citizens. No law could be
found making it an offense for min
ors to play pool or billiards in a pri-
vate club, nor to prevent them joining
any such club.
Polk County observer. (Monmouth, Polk County, Or.) 1888-1927, 1915-03-09
His Faith Is Tested.

The Rev. George H. Bennett, dis
ciple of Izaak Walton as well of the
Master, was sorely tempted last Sum
day morning. The day was ideal and
as he sauntered churchward, his
thoughts on other than worldly
things, he espied snugly ensconsed in
friendly crevice in the sidewalk
smell fishing hook of the size common
ly used in landing speckled beauties.
The reverend gentleman stopped, and
STOPPING with the agility Of one long
accustomed to piscatorial pastimes he
gathered the instrument that, per-
haps, divine providence has placed in
his path to test his faith unto him
self, and proceeded solemnly and
thoughtfully his way, while Old
Satan pranced with glee. But only
those who enjoy the privileges of
whipping" the Oregon fishing wa
ters can really appreciate the situa-
tion in which this good man was
placed.
Polk County observer. (Monmouth, Polk County, Or.) 1888-1927, 1915-03-09
PUBLIC OWNERSHIP PROVES EXPENSIVE.
Hillsboros Experience Cost That Municipality More
Than 5000, Besides Unsatisfactory Service

with the control of the institution
having personal knowledge Of sucl
matters, yet trying to tell an expert
enced, or supposed experienced, engin
eer how to run it. Naturally, the
engineer was obliged to follow in
structions even though he knew they
were wrong, or lose his position, and
where two men could have operated
the Hillsboro plant under private
ownership it required four or five un-
der municipal ownership. Jobs had
to be created in return for political
influence, and the expense of opera
tion was continually on the increase,
while the management was continual
ly importuned to reduce the charge
for service, people claiming that in
asmuch as the city owned the plant
the taxpayers should not be charged
exorbitant prices. These are the con-
ditions that obtained at Hillsboro,
and which now obtain in numerous
other towns of the country, which is
evidenced by the fact that during the
past decade more than two hundred
municipality owned public utilities
practically went into bankruptcy. and
were taken over by private corpora
tions. Portland has a gravity water
system municipality owned, the cost of
which was heavy. Some will claim
that it is running at profit, but all
the original bonds are outstanding,
and few years ago it was found that
the system was inadequate to meet
the demands and additional bonds
were issued and sold for the construc-
tion of another pipe line.
The correspondent, who is one of
foremost financiers, takes
this sensible view of the situation,
which will be almost unanimously en-
dorsed by those who have studied the
matter. Capitalists who have money
can construct and operate water and
light plants economically and make
fair returns ON their investment. A
municipality has no money to invest.
1t must borrow every dollar. What
would be a fair return for a private
would have to be paid by the
city as interest on its borrowed capi-
tai, and in addition it costs much
more to operate under municipal own
arship and revenues are reduced.
Very few business man would succeed
f they purchased their business with
borrowed capital, that is, had no orig
nal capital of their own to invest.
The profits would be consumed by the
interest charge"