The Birmingham age-herald., 1906-05-02
CITY WILL GET
 PLENTY MONEY
New York Syndicate Will Ad-
 vance S100,000,000.
OFFER UNDER DISCUSSION
Citizens Committee of San Francisco Decide to Accept All Offers of Aid From Foreign
 Countries.

San Francisco, May 1.-The first definite proposition for furnishing money on d large scale to San Francisco for the pur- pose of rebuilding one of the burned sections was made public today when it was announced that a syndicate of New York capitalists had agreed to advance $1OO, ,OO0, ,OOO The news came in a telegram received by w. F. Herrin, chief counsel of the Southern Pacific. from Senator Newlands of Nevada, who has a large in- terest in the burned Palace hotel. Senator Newlands stated that he had submitted the plan to the New York financiers and that they had virtually consented to sup ply the mony on bond and mortgage basis. The names of the New York people are not given.
 The offer is under discussion by the local finance committee.
 It was decided today that the citizens committee would accept all offers of aid from foreign countries. This decision was reached when a communication was re- ceived through Japanese official sources asking if the citizens would receive the contribution of 100000 yen made by the emperor of Japan, and declined by the United States government. The finance committee held that San Francisco being essentially cosmopolitan city. it was obliged to care for many destitute for eigners, and that 1t would be proper in these circumstances to accept all outside tenders of assistance.
 strngency Relieved.
 The local money stringency was some what relieved today by the banks re- suming business In small measure through the branch United States mint.
 Well-known depositors were given certi- fled checks for small sums by the sav- ings banks, and business clients of com mercial banks were accommodated if they so desired with sums not exceeding $500 each.
 The subject of having special session of the legislature called at an early day is being earnestly considered by the gem eral committee. The calamity San Fran cisco has suffered will call for many changes in the California statutes and in the city charter, in order to permit of new regulations in the matter of in creasing indebtedness. making longer leases, etc, and Governor Pardee is urged to convene the legislature Tn extra session as early as possible.
 The relief of the destitute was continued today under the new system devised by Dr. Devine of the National Red Cross, and the local authorities. and 1t Is re- ported that all unworthy and undeserv- ing persons within a few days will be eliminated from the lists of those entitled to assistance.
 Employment Bureau.
 Plans for establishing and maintaining a large free employment bureau here has been perfected, and will be speedily put into operation. Through this means it is hoped to afford another channel for as- sistance, and to distinguish the able adult who is willing to work from the man who prefers to subsist on the generosity of others.
 Considering the condition of the city an astonishing amount of building has been commenced. The new structures are all one-story frame. but they will be sufficient for time to provide for the immediate needs of their builders.
 James D. Phelan. chairman of the finance committee, today received tele-