Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1890-02-05
THE LOAN DEFEATED.
THE EXPOSITION DEBT WILL NOT BE
PAID BY THE CITY.
Tho Board Of Aldermen Remain Firm Ia
Their stand-The Vote
Ayes, o Noes.
The Board Of Aldermen met last night in

The Board of Aldermen met last night in
called session.
The object was explained by the reading
tof a resolution adopted by the Executive
Committee of the Virginia Agricultural
and Mechanical Society appealing to the
Board to reconsider their action by which
they refused TO concur in the resolution OF
the Common Council lending the society
$4,000 10 relieve them from debt.
The communication was received by
President Dickerson from Mr.. II. W. No
land, secretary of the society. and resulted
in the call.
SYMPATHY FOR MB. TRACY.
The rules governing the body were sus-
pended Immediately after 1t was called to
order. and the Board concurred in the re-
solutions of sympathy for Secretary Ira
cy which were passed by the Common
Council on Monday night.
THE OLD RESOLUTION.
IL wns found necessary again to suspend
the rules (Which was done), and the resolu-
tion appropriating $4,000 to the society
came up on it's passage.
MIR. C. u. Williams took the floor and
vigorously opposed spending the. city's
h4OhtJ " AtACft PtAFato NOhNtiho VI oSDes
BITTER OPPOSITION.
Mr.. Il. NJ. Taylor said he had hoped
when the representatives of this agricultu-
raj society met with such defeat some
time ago by the Board they would never
come back again for help. These gentle
men, he said, reminded him of the catfish
he used to catch in James river-they die
hard.
Mr.. Taylor proceeded to make one of his
characteristic speeches in opposition to the
adoption of the resolution.
Mr.. Wilkinson briefly gave his reason for
being in favor Of lending the money.
THE RESULT.
The vote on the passage of the resolution
was as follows:
AYEs.-messrs. Crcnshav. Davis, Hargrove,
Hill, Wilkinson, and sittording-6
NOFs.-Messrs. Bsheu, Brown, Capers, Carter,
Dickerson. Murphy, Williams. snead, and Tay-
lor-9.
The absentees We're Messrs. Belvin, Chap
pell, and Crump.
WHAT NOW?
II ia useless now to think of getting this
money from the City Council.
There are but three other alternatives:
l. Obtain from the General Assembly
authority to submit the question of
LOAN or mo loan" to the qualified
voters at the May election.
g. Provide by private subscription for
paying the interest as it falls due during
TIE next two years.
g. Sell all the grounds except few acres
around the Exposition He'll.
No. 9 may not be a practicable plan be-
cause the debt is evidenced by notes sign
ed by the individual members Of the Exc
cutive Committee and they may not choose
TO allow the use of their names and credit
any further, even if the banks will give
longer indulgence.
President Starke said few days ago in
case the Board of Aldermen refused to re-
consider be saw no alternative but sale
OF the race-track and some other portions
of the grounds; possibly the entire pro-
perty.
II is certain fact that this agitation has
been bad advertisement for Richmond,
and TO renew it and to meet with defeat at
the polls would be too dreadful to think Of,
1t now must be seriously considered by
the community what shall be the next step.
The society have obtained from the Gene
raj Assembly the necessary legislation to
enable them to make good titles to pur-
chasers in case of sale