The New York herald., 1873-11-13
THE INDUSTRIAL EXHIBITION LOAN.
Arguments OF Citizens For and Against
the Measurc-Warnins of a ssBread

Arguments OF Citizens For and Against
the MISUNDERSTANDING of u "Bread
Riot"
The committee OF Assistant Aldermen appointed
10 hear the views OF citizens In general upon the
propriety OF granting q loan OF $2,500.o00 to the
Industrial Exhibition Company resumed its sitting
yesterday. The visitors seats were well nlled
ana the arguments OF most OF the speakers were
listened to with evident interest.
Dexter A. Hawkins was the FIRST TO present his
Views In opposition to the scheme. He argued the
case from q strictly financial point OF view, urging
that the city, already committed she was to the
completion OF her Court House and district court
houses new Croton aqueducts b0ulevards docks
and public parks could not a1ord to further en-
barrass herself with the So, 100000. 1t will cost
he estimated at least s10o 600 to complete what
is now In progress. This, added to our city debt,
will swell 1t to oyer $500, 100000 The amount
asked win not erect the buildings, and other ap-
preparations will have to be called for and fur
nshed before the proposed structure becomes OF
any real value to the city. the city had the money
IL would be unwise TO lend It, IT Is an enterprise
into which not single private speculator could
De induced to enter as safe venture
In reply to a question by Assistant Alderman
Clancy Mr.. Hawkins stated that he was in favor
OF giving employment to the laboring men, but
that ne feared TINS did not present the remedy ior
their pressing wants.
George A. G. Barnet, director OF the Industrial
y,
Mayors private secretary, TO retract what he
had said on the preceding day regarding the
see M proo % .a ne 'hf mayo
representative was mistaken, the speaker offered
to present copy OF the original charter, showing
that the land could be acquired upon the payment
OF the money, at least lar more than could be
occupied by worKmen. Work could be furnished
to large number OF employees within ten days
after toe money was paid over by the Comptroller.
Nearly $l,ooO00o was guaranteed for the lease
and freehold OF the site for the building $200, 600
speaker then turned bis attention to the Mayor.
He said that the Mayor evidently dsliked some
body In the company He had been identified with
the directory OF the company until within lew
weeks. when he mad left, and now ft to
William B. Ogden and A. s. Dillon, as swim
dlers. IL Is not the scheme OF pure adventurer.
M e why
tions are all made IN the same wholesale manner
and are to be accepted without any show OF proof,
because the man making them IS Mayor OF New
York. William b. Ogden was absent from the city,
but the speaker said that he appeared to defend
plause) The directors OF the company, who have
been assaled by the statement that this grant OF
money VIII be used in the lobby at Albany, declare
the Slander the base and malicious allegation OF
man who became Mayor by accident.
MIR. Strahan said that for the Mayor he would not
SELF He said that nothing had been stated In the
Mayors letter which could not be proved. He
guaranteed to make everything plain
Edward Roberts, a citizen, demanded to know
why the Mayor was not present with his proofs.
George A. 9. Barnet then produced the original
papers, and offered to lay them before the Board.
Theodore i. Tominson made lengthy speech in
favor OF the scheme.
Mr.. Dodge, citizen, suggested that the proper
place tor the building was on the Central Park.
Mr.. Bebe, real estate man, said that the valua-
tiOn ($7,500) put on the property was not high.
James Boyd, Edw. Roberts and Assistant Alder
man Cancey spoke in favor OF the scheme. The
a body, were to decide was before them. The
peoples verdict was given few days ago; Il, 900
people denounced the reform movement and called
1t lie. "Look out,n he said, cor a bread rlot.n
James Connolly asked leave to speak. He said
that he was com nitteeman from the Working
mems Central Council and desired to know
whether the body which he represented could lay a
communication before the committee. He stated
that large mass meeting OF wOrkingmen would
be held on Saturday night at Tammany Hall to dis
cuss this very question.
The Committee OF Assistant Aldermen appointed
next Tuesday, O'Clock, for giving hearing to
the W0rkingmen's Central Council, aud then ad-
journed.