The Washington times., 1923-07-23
DIRECTORS
To PLAN
FEW, III:
FINDS
Commissioner Suggests Bust
ness Organizations Support
Scheme for Funds.

Commissioner James F. Oyster
today announced he had deter
mined on a flight to finish"
for a bond issue for the District
and challenged anyone to give
him q sound or logical objection
to the National Capital raising
needed funds in this manner.
Has Few Directors.
Commissioner Oyster declared he
has had a projected bond issue for
this city in mind for many months
and that he has talked it over with
representatives of all interests in
the city.
81 have never yet," the Commits
sioner continued s'had anyone adj
vance good reason why the bond
issue is not practical and why any,
one should object to it,
The Commissioner stated he
wanted to hear from prominent
WaShingtonians and from local or
CARNATIONS telling their sentiments
on the subject and that he was very
| anxious to "get to the bottom" and
find out what propaganda, if any,
| Is succeeding in soft pedaling
/ bond issue movement
] The fight to.a finish bond issue
announcement of Commissioners
Oyster is significant at the moment
! for 1t comes when he and Commits
/, sioners Rudolph and Bell are en-
gagged in the almost hopeless task
OF obtaining necessary funds to
bolster up many of the Districts
most vital institutions.
Called Good Investment.
It is no secret around the Dis
trict building that his year will
probably tell the old story Wherein
many estimates for schools, fire, 20
lice, and ETC., which are already cut
to the bone must be further Trim
med to please the eye. of the budget
directly.
1t is further admitted that the
high water pressure advocated so
strenuously at the present, by the
leading busi1ess organizations of
the city, must be thrown into the
discard unless a bond issue wins
| Congressional sanction.
| II am a business man." Commits
sioner Oyster said today in an.
nouncing his bend issue campaign.
land would never advocate the
| issuance of the bonds If 1 didn't
know they would be gilt edge in
| vestments.
LET me say that only short time
ago talked with an influential
Congressman in regard to the bond
issue and he did not seem to take
to it kindly. However, he could give
me no good reason for his apparent
| objection.
"Other large cities issue bonds
and their growth justifies them. No
one has ever criticized them for 1t.
Why in the world can't the District
of Columbia do the same.'
| 1t was suggested that possibly
Congress did not approve a bond
issue for the District because it
necessitated Federal guarantee, but
Commissioner Oyster points out that
the District has had bond issues in
the past and that only next year the
last will be permanently retired
Its unfair" the Commissioner
said in conclusion, ito make the
present generation pay all of the
bills for improvements which will be
enjoyed for years and years to
| come"
Board May Approve 1t.
Commissioner Bell also announced
| today he was interesting himself in
the feasibility of bond issue, and
said that he has made it a point to
sound out callers to the District
building on this subject
While the present Board of Com
| missioners have never included the
bond issue recommendation in one of
it's annual reports to Congress, other
boards have, and it is believed that if
the city responds on the proposition,
as Commissioner Oyster believes it
| will, the present board will present
| united front in a demand on Con
gress.
Proponents Of the bond issue re-
frain from conjecture on the amount
to be asked and other details at
present, pointing out that all initie
tory efforts must be centered on get
ting general approval for the idea.