The times. [volume] (Richmond, Va.) 1890-1903, 1898-11-26
OYSTERS DISCUSSED.
Mr.. Barton Wise and Mr.. H. R. POI
lard Do Not Agree as to the Law.
TIDEWATER RAILROAD MATTER.
was Fully Discussed-Mr. Carter, Of
Essex. Made a Strong Presentation
of the Advantages That Would
Accrue 60 Richmond from
the Building OF the Road,
other Speakers.

The Young Mems Business Association
had a fine meeting last night.
There was 4 large attendance OF repre-
sentative business men. Nj Carlton Nc
carthv gave a talk on the finances oi
tbe citv. an interesting report was made
ON the oyster industry aud tie proposed
Tidewater railroad was discussed.
Among those in attendance were
Messrs. IL. W. Rountree, John Murphy
l. c. Freeman. Charles j. Anderson, +.
II. Deane. ]. NJ. Taylor, X. l.. Traylor'
W. f. Reddy. J. l.. Hill DR.. c. A. Mer-
GER H. r. Pollard, John r. Jackson, Hil
Montague. DR.. Jud b. Wood, c. Z. Wal
ford $. If. CottreH Arthur h. Clarke,
Thomas PoindeXter, X. H. Winston, o. II.
Funsten. Dr. Il. T.. Stratton, James
Cas,de J. w. Williams, Julian BRYANT
Robert Lecky, Jr.. Morgan X NILS,
Frank Il. Sutton, v. a. CrenshaW ana
Barton II. Wise.
MR.. MCARTHY'S TALK.
President Henry Lee valentine caleu
the meeting 10 order and announced thal
the association would first hear MI. NC
Carthy.
Mr.. Arthur 3. Clarke introduced the
sneaker in complimentary terms, refer
| ring To him as one Of the few priVates
leff of those who served in the Coniede-
! rate service.
Mr.. Mccarthy said he would not take
u9 time in returning thanks for the honor
conferred upon him. He introduced his
subject by saying he would prefer 10 I'VE
| in Richmond on an income Of >lzUo or
| s. 500 per year 10 being j millionaire III
New York or Boston. Richmond meant
everything to him and he did not expect
tO leave the city until carried away III 4
tox.
Mr. Mccarthy. referring to the Young
Mems Business Association took adyan-
tage of the opportunity TO tell Of what
young men can accomplish. When he
was a boy all the people connected with
responsible positions IN the banks were
old men-mosty above sixty years of
age Now there are young bank presi-
| dents and the cashiers are most men on
the sunny side of life.
The speaker went on 10 say that the
people as q rule had a mistaken idea OF
the city government. Some who wrote
| intelhsently about municipal affairs
overlooked the fact that the city govern
ment was as simple a thing az It Is. The
| man who argued that the city charter
| aas an antiquated and out-of-date instru-
| ment that should be swept aside, did not
know what he was talking about. As an
| Illustration of the idea he wished 90
| convey, he said. the men who drafted
| the constitution OF the United States
were the wisest the country has prOduc-
| ed. Every time the constitution has been
| amended il has been made worse. He sat
down hard upon the proposed charter
| amendments looking 10 establishing com
| missions He put himself upon record as
| being very pronounced in opposition 10
commissions lie argued that It was a
| dangerous thing 10 have legislative inter-
| ference in city affairs and the charter
] should be let alone.
CITY IS NOT BANKRUPT.
Mr.. Mccarthy ridculed the idea that
| the city is about bankrupt or that it IS
| financially about 70 faQ over the precl-
| pice. There are no bonds for sale. One
| of the leading lawyers OF the country,
| one nominated by Mr.. Cleveland for the
| Supreme Court, has been here and eX
amined the financial condition Of the
| city. and upon his recommendation after
| Il close investigation, the concern he rep
resents has taken the bonds il wanted.
| Mr.. Mccarthy proceeded TO argue that
| the city Is not eXtravagant, especially IN
| the matter Of salaries. II Richmond has
1 a pUpuldllOu OF 4DN'N'V itH 'Ab'iA'NH az
| only Sl6 per capita, or half Of what they
| are in New York
He ridiculed the suggestion that ex-
travagant salaries are paid, and, Incl
| dentally. raped the Good Government
| League for some things 1t was going TO
do
| Mr.. Mccarthy gave considerable atten-
| tfon to the debt OF the city. tie criu-
| cised the manner i'm which the bonded
| Indebtedness was handled up to some two
| years ago. "fhe sky said he Is clear
| ing. and we shall see daylight IN 1901
| All that Is needed is for the officers 10
! keep a sim upper lip and for us TO re
| fuse to appropriate one cent In bonds
for anv pur0-e that Is outside Of tho
| actual necessary exenses OF the city
| government
CRITIC1SES NEWSPAPERS.
| Speaking Of the proposition 10 apprO-
! pirate money % filter James river water,
| tho speaker delivered an eloquent eulogy
| upon that liquid. which he declared 10
be the best and the purest water he had
| ever drunk He said the newspapers
| and the newspaper writer's that have con-
| demned James river water have done
! the city damage from which it will not
| recover for many years.
| Returning - the statement that day
/
/ spects again TO newspapers for crying
| out for purer water, new depots and
| lower taxes contending that these things
| were calculated 10 drive people away
| from the city.
| He argued that it was sacred obliga-
/ ton upon the people Of this day to see
| IN IL that the citys debt is wiped out
| or else their children and grandchildren
| will not rise up and call them blessed
| He believed that the city had valuable
| assets that could be sold In few days
| which would wipe out the debt He was
not counting the City Hail. either. The
| CITY water Works and Gas Works would
Vcipe out more than half tho debt.
| he said there hal been false compari-
sons between Richmond and other cities
| indianapolis. for instance. indianapo-
| lis had no city hall: in a late report by
| the mayor that official was calling on
| the Council to pave It's main business
| streets. the city did not own its water
works nor parks. yet Richmond was com
pared with that city that had no assets.
In conclusion. he gave a summary or
| hf. ,ncop, n, enfafionS as to what fhe citN