The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1903-12-22
With senumcn ts of regard, j am
Most respectfully yours.
m BEVERLf y 3. NJ 2 NTUFtD
BOND FIGHT. AGAIN.

: .
The chair laid before the body the joint
resolL ton from the Board providing tor
the borrowing of 900 for meeting tho
bonds coming due on January LIST. 1901,
and for leaving the sinking fund intact.
Mr.. Bloombeig Chr. Peters in the chatr),
offered the following as a substitute:
Be ii resolved by the Council Of the city
/ Of Richmond, the Board of Aldermen con-
curing. That the Committee on f1nance
}. be. ana they aer hereby. authorized anu M
! struc.ed 10 raise oy negotiating temporary
loans. q sum sufficient 70 retire by pay
s n1ent the bonds of the city OF Richmond
: maturing January /. 1904, other than those
purchased and held by the Board ot
Sinking Fund Commissioners which sum
or sums. when so raised, shall be placed
ia the credit Of the Commissioners of the
Il Sinking Fund and by them applied to tho
paymen, OF such bonds maturing January
: 4 1854 other than those held by them;
and the said loan or loans authorized uli-
der this resolution shall be liquldated BY
3the sale OF the bonds of the city to be Is
sued hereafter for the retirement OF such
y debt.
BE It further resolved. That the Board
OF Sinking Fund Commissioners be- and
they aer hereby. requested to hold the
bonds Of the, city which mature January
4. 1898, and to take action regarding same
until the Council Of the city Of Richmond
shall have agreed upon some plan for the
payment or refunding Of the amount, 80
he'd by item. d.riLg which time the city
will pay them interest at the rate Of five
per centum per annum from January
1st, 1904. until paid or refunded.
OLD FIGHT AGAIN.
Mr. .Boomberg spoke warmly for the
substitute, and 1t looked az II the Old
Il fight were on again.
Mr.. Anderson took the opposite side. and
commended that 1t would DE danserou:
to adopt the plan offered by the president.
lie spoke for he resolution Of the Board.
He said he could not understand TIE POSI-
ton OF the president, WHO With y small
minority was detying not only the Board
of Aldermen, but majority Of the Coun
Gil.
Mr.. Bloombers said he was unwilling
to admit that all the intelligence was ~
the upper branch Mr.. Anderson and Mr..
Crenshaw became involved In spirited
colloquy, and. ,.Messrs. Morton and Pol.
lock spoke strongly. for the resolution
as It came from the Board They under
took to combat the argument of MIR.
Bloomherg. and earnestly appealed to tie
minority not to block action on ques-
ton of SO much Importance to the city.
Mr.. Mills spoke earnestly on the same
line, and he was replied to briefly by MI
Crenshaw.
Mr. HARGRovE YIELDS.
Mr.. Hargrove, chairman Of the Finance
Committee, announced that without sur
rendering any principle. he would sup
port the resolution Of the Board. He
vas applauded, and Mr.. Hicks said he
was willing to borrow all the money ex-
cspt the $4,000 now in the sinking fund,
He believed this was fair compromise
and was ready on his part TO meet the
majority half way. MIR. Hicks grew visor-
Gus, and he was loudly checrcd when he
declared he would die before he would
vote TO, tire majority llan.
MI. Elicit moved TO lay the substitute
on the table, and the motion was adopt
eG-ayes. Fl; noes, II.
Mr.. Anderson called the previous ques
ton. and at this moment MI Hicks was
o. his feet 10 offer an amendment te
strike out 1901 900 and insert $4,000. Tie
chair recognized MIR, Hicks, and Mr.. An
derson and his friends claimed that ht
had called the previous question.
MAJORITY WINS OUT.
"But the chair did not recognize you,
eeid the president. Mr.. CARRIER appealet
from the ruling Of the chair but after
aIr Hicks was rejected, and the resolu
ation from the board was concurred In
by Inc following recorded vote:
% AYES Messrs. Allen Anderson Batkins
Bossieux, Cloves. Crenshaw, Curtis. FL
lett, FERGUSON. CARRIER, Glenn, Hargrove
Ileslep, Hohson, Mills Miner, Morton
a O'Neii. Pollard, Pollock, Shea, Spicei
STEIN, Teetey, West. Whalen. and Wi
lia.nt-H.
Nces-Messrs Bolton. Glenn. Hicks
Huber Peters Spence, Wiltshire an
Eluonterg-S
al The body then adjourned.