The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1903-10-20
SPICY TALK ON
CITY BONDS
Continued from First Page.)


berg, who declared the accountant had
mlsquoted him.
a said no such thips.' shouted the
president, arising fromS his seat on the
opposite side of the table, his face flushed
with excitement. tt- 4'ar
CLIMAX COMING.
Captain Mccarthy disclaimed any in
tention Of doing him an injustice, and
proceeded to dissect the speech In a most
vigorous manner. 1t could be plainly seen
that members of the committee were be-
coming impatient under the biting re-
marks Of the City Accountant. City At
torney Pollard sat calmly a one end OF
the table, while at tho t'other sat His
Honor, the Mayor, reading the afternoon
paper.
But the uphcaval was near at hand.
Captain Mccarthy was rasping the plnns
just presented In his vigorous and char.
acterIstic fashion, when there was a
whispered conversation on the other side
Of the table. @
Finally Alderman Gunst arose and de-
clared that as a member Of the commit
tee he would refuse to sit longer and
listen to the dIssecting of every point made
moved that Captain Mccarthy confine his
remarks to n discussion of the merits Of
the Crcnshaw plan.
Major Allen took the same view OF the
matter, and warmly seconded Mr.. Gulnt'a
motion
Meanwhile. there was great confusion
IN tho room, and Captain Mccarthy kept
on speaking. 'I'll obey the mandates OF
the committee" he said, "but decline To
be shut oft by one or two members"
After much pounding got his gavcl.
Chairman Hargrovc succeeded In re-
storing order, and Mr.. Gunst's motion
was adopted. Captain Mccarthy proceed
cd, bu, he had not gone far before he
Kicked over the traces and was called
to order by Major Allen, Mr.. Crenshaw
and others. Mr.. Crenshaw created some
laughter by referring to the speaker as
the CITY Attorney and the latter turn
eel and said: 1.-THE City Accountant. II you
please"
a very amusing colluauy took place be-
| tween Captain Mccarthy and Major Al.
| len. Tho former was after Mr.. Crcn,
shaw for asserting that the next genera
| ton would be as good as the present. Fte
denied the proposition, and declared that
| he was not half so good as his father.
1--WE will all agree to that" jocuarly re-,
marked Major Allen. AS quick rs a
flash Captain Mccarthy rejoined And
don't reckon your father was especially
proud of YOU" Major Allen joined In tho
laugh that followed. and Mr.. Turpin
|
| to. t5f
| Captain Mccarthy said many Vigorous
| things while he was on his feet. lie do
nounced the policy OF issuing ponds WITH
| out providing an adequate SINKING Iuha
for their redemption as the 'bascless Ia
| brication of a dream. He said u was alb
| surd in its inception and fatal IN us re-
| suits.
BEGGED THEM TO READ,
L in
len, This pamphlet, which have begged
you to read" tIe offered to give UP his
watch and quit the city government ~
twcnty-four hours II he could not susT
tain his contentious,
In closing he read lctter IRON a
Richmond lawyer, praising his palnphlr,'
and when asked for ms name fep'e''
~ don't propose to tell you,
The committee arose to meet again
at A o'clock Monday. when another CT,
fort will be made to settle the ve*ed
proposition tt
Mr. Crenshaw's plan is to issue $4,000
4 per cent, bonds, to run for th'rty-
four years.
The auditor is instructed to sell enough
to aggregate s55S,2sS, ia meet the 9 per
cent. bonds maturing January LIST, leo4'
The sinking fund for the redemption
OF these bonds Is to he started OH Janu-
airy list, 1904, and receive w per cent,
per annum, payable seMi-annual'f, 'or
thirty-four years. and used only TO eS.
tinguish this debt The fund Is to be kept
up TIL October LIST, 1887.
The plan was ordered printed ana as
tributed along with Captain McCarthyf
pamphlet, among the members OF the
committee
Hampton Institute Gets Request,
NoRTHAMP'ToN. MASS; oct, l9,,-ny
the terms OF tho will Of the late Elizahet tI
- Clapp, which was lllsd for proIn ,,a w, to
Of negroes ' receive 5000 each, They an
the Hampton Institute, Of ,liamh.oM, w. va
Tuskegee Institute OF TgsTiS , Az 10