The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1906-09-25
,eoanss l ao nnNdve mxshalr.. he saia

s~ H~>--s -
because 1 do MOI dye myshair,'' he said.
my young friend on my right, then"
corrected the advocate of the ordinance,
has told me he has been bitten by the
market"
Did you not say" continued Alder
man Gunter, that If you knew how thu
market was going you would play the
marketT
Yes. sir" retorted Alderman Hollo-
way, land I would; but IL l knew how
the market would go. 1 would not be
gambling I would be betting on GER
tainty."
He said in continuation of his argu-
ment. that a broker had told him .af-
ter going over his books, that every
man who had dealt in cotton futures
with him during the last ten years had
lost money by It. The South annually
loses Incense amounts of money through
dealing in the New York Stock Ex-
changes, when the South has monop-
oily on the product and should be able
TO control it's price at home He con-
cluded with glowing peroration or the
rise of the South from the devastating
effects of the war between the States'
and of its material advancement today,
saying that the losses OF southern peo-
ple through dealings in futures act as
a heavy handicap to its progress.
Bear and Ball side.
Alderman A. L. Tyson spoke In OPP
position to the ordinance. lie nad pro-
ceeded for several minutes wnen Al
derman Holloway rose to ask ques-
ton.
MAY I ask" he said whether the
gentleman is on the bear side or the
bull side?"
81 am on neither side" retorted Al
derman Tyson. II haven't cents IN
terest in the matter"
can the gentleman from Ward tell
me" asked Alderman Foster, what Is
the dlfference?"
"As / Understand" said Alderman
Holloway with just trace of hesi-
market down, and the bulls hammer II
up"
Alderman Sullivan followed Alder
man TYSON. He didn't think the Coun-
ell had the right to try to prohiblt
brokers from doing business In Mont
gomery. 1t was matter for the f"%-
fslaturei But 10 o'clock was strit 'S
and far be 1t from him to take up ie
time of ~the Council. He would vote
against the measure.
Alderman Foster was one who had
Investigated the matter. He was not
going to let his mind be influenced by
popular clamor. He had talked with
cotton brokers' and with other people
not engaged in the brokerage business
He had endeavored to sift the chan
from the wheat and get out the good
and throw away the chaff Alderman
Holloway had been inconsistent. He
had admitted he would engage in the
traffic II he were sure he would win
He would not accuse Alderman Hol-
loway of ever having played the mar
ket. He knew he himself never had.
Now to pass this ordinance would
drive the brokers out of Montgomery.
They could go outside the city limits,
however. He iptimated that the town
of Bloemfontaine, or Electric Park,
would be glad to welcome them, and
this Electric Park would gain by Mont
gomery's loss.
Alderman Gutner. speaking for the
members of the committee who stood
opposed to the views of the author of
the MEASURE, said that the committee
generally stood against bucket shops
but was not favorable to the prohibit
ton Of regular brokerage businesses.
The vote was called for with the fol-
lowing result:
Ayes-Grifith, Holloway, Roemer-3.
Nays--Guuter, Foster, Jones, Lobman,
Ryan, Sullivan, TAFT. Tyson, A. L.--S.
In addition to disposing Of the buck
ct shop" matter the Council introduced
a NUMBER OF important matters, passed
several minor measures, and awarded
a number of saloon licenses for the f1s-
cal year beginning October 1.
On the favorable report of the FL
nance Committee on the bid of L. Las
setter. and Company. the contract for
furnishing the city provisions for the
month of October was awarded to that
drm.
Ticket Ohlce Uptown.
% taf btOh
promises to become a bone of conten-
tion in future sessions, was an ordi-
nance proposed by President Gunter.
This provides for a centrally located
Union Ticket Agency to be established
and maintained by the different rail-
roads entering Montgomery. to be To-
Gated in the business portion OF the
city, which will be kept open during
reasonable hours for purchasers OF
the passage OF the ordinance the meas
ure further provides, the ticket ONCE
shall not have been established. the
different companies shall be required
10 have separate offices in the central
business portion Of the town. IL
eense, the amount to be determined by
committee, was also provided for In the
act. The ordinance was referred to a
committee to come up at the next reg
ular or special meeting.
The claim of the city against the
hondsmen OF Former City Treasurer r.
II. Somerville was again brought up
In resolution by President Gunter, that
the Mayor he authorized to settle the
cloim OF the city against the sureties
on treasurer Somervilles bond, for such
a sum as he might deem Just, provid-
ed tn. settlement should not be for less
than $40. 900 This matter will also be
discussed at the next regular meeting.
resolution was adopted which pro-
,.i1ed for the appointment by the Pres
ident Of the Council OF a committee 10
rye enactment by the State Legisla'
ture OF measure which VIII cause the
money row paid by the saloons INTO the
state Treasury, 10 be paid into ,uha
for the support Of city pubic schoois
An ordinance introduced by AldeE
nam I,nbman to appropriate s2.so 70
~ n note AMI interest to John =.
carter rs part payment for a gravel
nit purchased by the city some time
aro was referred TO committee 10 be
brought up at later meeting.
President Gunter was the author OF
an ordinance % transfer $4,000 from
TIE water Works Department 10 the
General fund. This measure was in
tended to replace in the general fund
money which had been appropriated
h.. the council to the water works fund
during the last year. in order to en-
ble the city treasurer to so incoTnOr-
aate it in his report for the year. Tho
matter will come 40 at the next reg
uiar or special session.
A petition from Captain L. A. Odont