Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-08-17
BOND PLANS
VOTED DOWN
AT MEETING
Commerce Chamber Endorses
Committee Report: FavorS
49,. -. Taxation Instead

by a vote OF nearly TWO 10 one
meeting of the members of the Cham
Der of Commerce Wednesday after
noon voted against the project of is
suing bonds for road building, paving
waterworks, sewer improvements and
extensions and other munic.paf and
county purposes.
The vote which was taken at rester'
days chamber meeting follows a
lengthy discussion and a preserta on
Of the subject from various yiewpoits
The count was % TO IL, and must be
considered to reflect Tue presen. SEN
timent of the business community up
on the subject of bonding. While the
attendance at the meeting was only
four above a quorum IL vas said to
be as large and as representative as
could be expected.
Prior TO the meeting of Wednesday
and to the public meeting called
by the mayor and supervisors; last
week the committee on county and
municipal affairs Of the Chamber OF
Commerce had voted unfavorably on
the proposal to bond for $750,000 for
road and other Improvements. At the
public meeting 1t was suggested that
an expression from the membership
body be obtained. That expression
yesterday Endorses the view of the
committee.
Report Strongly Presented.
In the presentation of the case to
the membership of the chamber the
committee reported unfavorably on
the bonding project and was agrees
I'VE in support of its report. This is
the report as unanimously adopted by
the committee:
Your committe on county and
municipal affairs has had under con-
sideration the matter of the proposed
issue Of city and county bonds for the
purpose of improvements in the city
and county roads, sewer and water
systems It is the unanimous conclu-
sion OF your committee that bond
issue for this purpose is inadyisable.
'tfowever, recognizing the great neces-
sity of early improvements your COM
hlittee believes and recommends that
the chamber favor the general plan of
increasing the property taxes so as to
provide additional funds for these
needs. Your committee is not yet
ready to recommend any exact form
OF such increase. although several
plans have been under consideration;
such, for instance, as repeating the
present provision of the tax laws
which fixes the maximum rate of
two-thirds OF one per cent upon the
city's share Of the total property tax
es. and the suggestion that in addi-
ton to the present property taxes a
special tax be authorized, the pro-
ceeds of which shall be devoted to
improvements in the roads and in the
water and sewer systems At the
present time your committee believes
that it Is sufficient for the chamber to
favor the general plan of increasing
the taxation in lien of a bond issue
and to go on record as being willing
to cooperate in requesting proper leg
islation from the next session OF the
territorial legislature to accomplish
this object
Not Necessarily Ended.
After the meeting Supervisor Hol-
lister said that he thought the bond
ing proposition was dead for the time
being Supervisor Dan Logan said it
was not necessarily dead, that the
matter had been referred back to the
finance committee. which would have
q report to present later. He added
that some method must be devised to
secure immediate funds for needed
water and sewer extensions, but that
road and street improvements could
be made otherwise. Lump sums, how
ever, he considers needed for sewers
and water supply. When the report
OF the finance committee will be
ready he was unable to state, but did
not believe the matter would be for
mally considered by the supervisors
tonight.