, 1876-05-28
opinion, to say nothing OF the efforts of the
Colgin party in this direction.

Colvin party In this direction.
MR.. SOL. SMITH.
Mr.. CHAIRMAN; had not expected to say
ANYTHING at all, having already expressed my
opinion as to the payment OF city certificates;
but want to correct one statement Whlcp !he
Mayor has made. He starts out With saying
that the Merchants Savings, Loan and tIusE
Company protested certificates to the ex1ent o1
5000, which was entirely unnecessary: Now,
sir, VIC have certificates sent us from Boston;
having several Endorsements, and we ncsatatea
and held those certificates until the last moment.
uncertain whether we would protest them or
not,-wLcthcr we would assume the RESPONSE
bility Of paying the certificates II INC
holders required it, or protest them. |
saw another gentleman who told me he haa
certificates that he would be obliged to protest
certificates were sent to rs from abroad, and
think any banker would have taken the same
course. l don't know why We should have held
those. They belonged to other parties,
In regard to what Mayor Hoyne says IN re1er-
Loan and Trust Company, about week agQ
Aid. Pearsons asked me to go-this was when
Aesitated-to q meeting at his room that even
ing. I went around there and met Alr. Rosen-
berg and several other gentlemen composing
came in. I expressed myself very freely
and said the city should take some course to
protect its credit; that the money had not been
paid for water for the protection Of our proper
ty BY the police and tiremen, and for the amount
Of the interest on our debt, and very frankly
stated thought some course should be devised
to pay the certificates, II possible, when they
matured. NJ. Hoyne differed with me- be-
lieye left the room and went out after having
said all had to say. don't know TINT there
was was; ANYTHING on the part Of Mr. Hoyne, OF any
body else, certainly I intended no
Mr.. Hoyne-Diln't you understand we went
there for the very purpose OF de7sing some
means to meet those certificates
THE INTERVIEW WITH MAYOR HoYSE.
Mr. Smith, didn't know the object Of that
meeting. What Mr.; Hoyne refers TO- took
place when Mr.. Field and l came to his office
Mr. Field came into my Office and said, "Can-
not some plan be devised to remedy this ulE1l.
Guilty which has arisen from the appointment Of
NIr. Derickson, giving us two Comptrollers
Now, let US 50 down and SEE Hayes
and and get him to give waR VI bis said R0:Tl, T.
| "you arc the man above all others" We went
seeing Mr. Hoyne there. We met Hayes in his
office, and said: t'You are placed in 4 position
where, we think, you arc doing harm
to the city by retaining your Office.
here and act as Coniptroller,and relieve yourself
OF these troubles? It is your duty to 10 any
thing and everything that will remove any OBJ
stac1e in the way OF having the city affairs 20 on
smoothly, ,and without coming into collision With
anybody" Mr.. Hayes, after long,
s4,a n'ocaa in a fo]s, nosifinn. After coming out
Into the hall, Mr.. Field says: Where
is the Mayors office DON'T you want to 80
i;ttlc It'll conversation m with the Mayor. expressed
,a1s ta eo,ua .;cws With him thai expressed With
t1'e he et,1 nthers We thcn lcft. Mr.. Hoyne saws
that the opposition which seemed to come to
n,3 ead that tbe onnostion had come from gentle
saa tnhe % tne e-e rtarestci IN these certificates
Sa1 1tem taid .I NIr Hnvnc, when he said something
niu t1at tIx ;nJ that we had not thousand dollars
OF that nu a,t ~ to1 Kin 90 the second
OF lthosg certnc - ~, % n+arast In this citv
tlme eGita ,t' 4sE.navcr na rHond dn not wist
am tspnn Soc'n an1 X 9hstrnctEo1 IN the way Of Mr.
Me,e ~ .ns1" an,-ec ~ II lila cnursc Is the best
l sua'i - W III. - fha nosition he huI
attacAe9 .ne +h;s ,o+tor and m frank to statl
assuueu III LIZ utns:e, s: t+;- 49, ara 1ooIl oni
that out @ e,4 'S !. hest for ths interests
ne wants 70 ~ "haS hir hG ~ charrc ne y
anin: vng to D Protest this ctys paper when ther
is no necessity 1o' osns l.la;,ns nm m alye
very un1MI. ar nosne art;S.ntas t;, u SO II,
G2te or IN tne ,sSn1 - of the I'D Finance Cor
mttes mfntn: 'an and III appeal @ to to Nr. Heath, to M
, % HAYES, to S1r. Cofvin: to say If did not 50,
viii not not be party to ioan you one dollar
you stop 1Ssuang ~ al9 e9 pn, neht r efncss viii I'd
,ssaGu' srer! a4% 1 h1ank to loan You nll chr
''> GETTING TO BUSINESS.
oernhGyat;nn 9eT of what Mr. Smith has said.
eortoootasn aHa th;e ,mcot;nr vas called for tn
" ou.. r. notchino m any differences or mis-
p'n1Pppstanlipes. uiPs Still, / was surprised whe
learned tnat ,a5 Luz .-iti nnnoa5n@ thc crcdj
CohPaG{ mp my G,H IN INV NV Wav. "'''' 0'f' '
~ A. r. Hoync-I har,: made no such charges.
~. ~. ar,}th-Yon have made serious Charge
of tiscrcditing the credit Of the CITY,.