The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1918-10-19
BOND ELECTION
MADISON WILL VOTE NEXT
TUESDAY ON ISSUANCE
OF 100000.

The yo.ers of Madison will next
Tuesday. October %, cast their bal
lots on the proposition of issuing city
bonds to the amount of $4,000.
The proposition will come before the
voters on the ballot in three counts,
as follows:
Shall 500, 600. 90 in bonds of the
City of Madison, South Dakota, be is
sued for the sole purpose of building
and erecting a building for the cleo
trio plant OF said city and to buy new
machinery and equipment therefor
and install the same
Shall SIS, 90 in bonds of the
City of Madison, South Dakota, be is
sued for the sole purpose of extend
ing the water system of said city?"
Shall $25,O0O.00 in bonds of the
City of Madison, South Dakota, be is
sued for the sole purpose of extend
ing the sewer system of said city?"I
The voter is privileged to vote
Yes" or mo" on any one of these
propositions separately. However,
all three of the propositions are of
intense interest to the welfare of the
city and should each receive a vote
in the affirmative, and the fullevote
of the city should be cast on the
propositions.
The hardship which has been laid
upon all the citizens of Madison the
past several months by the burning
of the electric light plant should be
a warning to provide a ~fireproof
building for housing the expensive
machinery necessary to maintain the
electric service the people of the city
cannot possibly do without. made
quate lighting and motor power such
as has prevailed in Madison the past
several months is a direct financial
loss to every citizen. The only re-
lief from such loss is to endorse by
as nearly unanimous vote as possible
the issuance of 100000 bonds for
the permanent reconstruction of the
burned plant and assurance of its
safety for all time to come.
The proposition to extend the wa
ter mains of the city should meet
with approval by an affirmative vote
for $4,000 bonds for this purpose.
The city is steadily extending its linn
it's of growth and people building
new homes must of necessity be con
nected with the existing mains and
there is no other way of doing this
than by extending the mains and of
course no way of extending the
mains except by the issuance of bonds
to procure the money for the pur-
pose. That is, no way as economi-
cal.
The third proposition which APP
pears on the ballot is the issuance
of bonds to the amount of SIS, 900
for extending the W system of the
city. There should be no ~hesitancy
in voting in the affirmative on this
proposition. The health of the peo
pie of the civ is dependent upon the
perfection of its W system, and
it would be a short sighted voter in
deed who would not cast his ballot
for the maintenance of the health of
his city. In fact il is within the
power of the board of health to or
der sewer connections at its discre-
ton, when the expense would have
to be met by direct taxation, much
more of a hardship than if the sewer
was laid with money secured by a
bond issue.
The issuance of city bonds is not a
hardship. In fact, 1t is a good bust
ness principle. The people of Mad
ison of the present day need these
facilities - absolutely need them.
The bonds are issued and paid dur
ing a period extending over a term OF
years. While present residents
would pay their just proportion new
residents coming in, say 10 years
from now would also be called upon
to pay their just proportion. In 9TH
err words, why should present resi-
dents shy at a bond issue and finally
be forced to make the improvements
be a direct tax and hand the facilities
over to future residents fully paid
for? 1t is within the power of thu
city commission, by a recent state
law enacted, to make these improve
ments by direct taxation. Thii
would be required to be paid, no
25 years hence as in the case of
bond issue, but within a period pre-
scribed by the taxing law.
1t is a good business proposition t.
vote Yes" on all three of the bone
propositions next Tuesday. An
more than that every voter in thu
, city should cast his ballot on tn
proposition. The greater the vote
, and the more unanimous the vote
in favor OF the bonds the more the,
will be sought after in the bond mar