Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-11-20
A CITY HALL.
What Experienced Financlers and Tax
Payers Have to Say.
Views Of Cap: 81 B. Lloyd, Hyde Jennings,
Il. ". Tsl'an'. z. +. Powell,
Max E,ssr and Others.

The present city hall agitation began
over week ago, when a petition was
presented to Mayor Smith, signed by
leading citizens and heavy taxpayers,
asking him to bring the matter of build
| ing city hall before the council, with
such recommendations as be saw fl.
Mayor Smith wrote message to the
| council advocating the building of q ball
to cost SIPS, 900. said the money could be
had and recommended the issuance of
| bonds for the purpose. What was done
at the council meeting Tuesday night is
| known.
Yesterday a GAZETTE reporter called
| on number of weIl-known fnauciers of
Unique STONED ability and large expert
enre, and asked their views on the ques-
ton at issue. The unanimous sentiment
! of the people is in favor of the immedi-
ate erection of q fine city hall. If any
oppose ii TIE GAZETTE has not found
them. Here are the views Of some of
those seen.
Capt. NJ. B. Lloyd, president Of the
First National bank: ~ heartily favor
the builliug of city hall on the old
Baptist church property, already owned
by the city. 1t is central, convenient,
and Is reached by all the street car lines
in the city. The city il abundautly able
| to build a hall and want 10 see some-
thing tangible for my money. Notwith-
standing the money stringencY the bonds
could be sold at par, possibly at prem
ium. | am most decidedly in favor OF
city hall and believe it should be built Mt
once. There is no use in delaying 1t. ~
L. z. Powell-Fort Worth is all right,
and heartily favor h fine city hall now,
If we can sell the bonds even at ninety
cents on the 81.
HYDE Jennines-I favor the building of
the city hall on the ground purchased by
the city several years ago for that pur-
pose. We need city hall for all time
10 come, and we might as well have 1t
now. l want tn. taxpayers money
spept in permanent lmprovem ents. Toe
hail should cost not less than $3.50, 900
and should have all the necessaries OF
city capitol. do not favor Mr.. Glenn
en,s' idea OF market house. That
would do II We were a crystalized city,
but we have not reached that point yet.
l think par could be obtained for the city
hall bonis.
Mrs. w. a. Hufmnn-Say for re
hall at once. / believe in q progressive
government of this city, one that will
expend all the money necessary in per-
manent public buildings and improve
ments.
Mrs. f. A. Hendricks-T believe In
Fort Worth, aud have the fullest CONT
denoe In its future. l believe Fort Worth
will be q city. | am now putting $780,
coo In building on Main street because
l know It will be occupied by merchants
for tiue stores, and because l think Main
street will be built up with fine build
ings. l Will be taxed on ny buildings,
but am decidedly in favor of the city
building d city hall at the prese time.
Max EIser-I am in favor of city ball
whenever the oity is able &c build it. l
cannot say when that time will be. l
have no idea what rrice could be OBJ
tanned at the present time for bonds. l
think the artificial strngency in the
money market in the East will be over
III two or three weeks and the payment
OF January dividends will give further
relief. but it may be two or three mouths
before money is plentiful again. In
the end l believe Texas and Fort
Worth will be the gamers, as investors
having had such sad experience with
btOth5 huu tHul cihSS VI III
turn to real estate as the only safe in
vestment. There is never Gny danger of
real estate values declining 10 per cent.
to % per cent. in a single day, as has
been the case of some stocks on the New
York market in the last few days.
Money in Fort Worth. while in COOL
demand. is in sufficient quantity at the
banks that they are able to supply all
legitimate demands of trade. l think
the outlook for Fort Worth is good, and
matters will begin to move just as soon
% New York and London get down to
business again.
Thomas Rorhe-We ought to have q
city hall bJ all means. We should build
ii OF once. Issue longtime bonds and
the future will see largely increased
assessments on which to place taxation
to pay out. Those are my sentiments.
Il. W. Tallant-I was both nstonished
and dumfounied this morning when l
read the council proceedings. especiHllr
the report of the finance committee on
the city hall. The most charitable view
10 take of the report is ~ believe tina:
the committee WIS ignorant of the
mutter under discussion. Through the
circulating medium of The GAZETTE il ill !
rerch thousands OF NONRESIDENT readers |
who Will naturally infer that We are II |
the midst of panic, the truth being |
that our municipal banking aud mercaii- |
tile GfTnir are in an extremely healthy |
condition. The general understanding |
in connection with the city hall bonds |
being that they We're not 20 be placed !
unless at par. l can see no motive for !
the committee crying wolf, except over |
prudence or ignorance. That We need |
nj ~ I'm Erp a libr,rv nd nfh ur
public buildings, is conceded on all sides !
By persons III all circumstances. The To- |
cation OF the city hall has been settl"' ley !
a previous council, which pal ont tbs |