The Ladysmith news and Ingram news. [volume] (Ladysmith, Wis.) 1905-1906, 1906-05-05
FURNISH MONEY
FOR REBUILDING
EASTERN SYNDICATE AGREES
TO ADVANCE $1oo,ooo,ooo TO
SAN FRANCISCO.
WILL ACCEPT FOREIGN AID
CITIZENS COMMITTEE DECIDES
TO TAKE ALL AID THAT
is OFFERED.


definite proposition for furnishing
money on a large scale with which TO
rebuild part of the burned section was
made public yesterday, when it was
announced that syndicate of New
York capitalists have agreed to adj
vance $100,000C00 The news came
in telegram received by w. F. Her
rim, chief counsel of the Southern Pa
cific, from United States Senator New
lands Of Nevada, who had a large in
terest in the Palace hotel. Senator
Newlands stated that New York tinan-
ciers have virtually consented to sup
ply the money on bond and mort
gage basis. The names of the New
York men were not given. The offer
is under discussion by the local
finance committee.
Accept Foreign Aid.
1t was decided that the citizens
committee shall accept all offers OF
aid from foreign countries. This de-
cision was reached when a communi-
cation was received tt ough Japanese
official sources asking if the citizens
would receive the contribution of 200
900 yen made by the emperor of
Japan and declined by the United
States government. The finance CON-
mittee holds that San Francisco, be-
ing essentially a cosmopolitan city, is
obliged to care for many destitute for
eigners, and that it would be proper in
these circumstances to accept all
tenders of assistance.
Strngency Relieved.
The local money stringency was
somewhat relieved when the banks
resumed business in a small measure
through the United States mint. Well
known depositors were given certified
checks for small sums by the savings
banks, and business clients of COM
mercial banks were accommodated
with sums not exceeding $500 each.
A special session of the Legislature
at an early date is being earnestly
considered by the general committee.
The calamity will call for many
changes iii the California statutes
and in the city charter in order to per-
init new regulations for increasing in
debtedness, longer leases, etc.
Cut Out the Unworthy.
The relief of the destitute was con-
tinued under the new system and it
is reported that all unworthy and un-
deserving persons will within few
days be eliminated from the lists.
Plans for establishing and maintain
ing a large free employment bureau
have been perfected and will be speed
lily put into operation. Through this
means it is hoped to afford another
channel for sistance and to dis
tinguish the ~hle adult who is willing
to work from the man who prefers to
subsist on the generosity of others.
Many Buildings Going Up.
An astonishing amount of building
has been commenced The new struc-
lures are all one-story frames, but
they will be sufficient for the wants Of
their builders 1t is difficult to tell
exactly how many temporary build
ings are being erected, but the carpen-
ters' union reports 1000 men at work.
James d. Phel2n, chairman of the
finance committee, yesterday received
a telegram from Secretary Taft, mott
flying him that only $780,000 remained
out of the $2,500,000 appropriated by
congress, and that this sum would be
by the department. The tel
egram was read at the session of the
finance committee and filed without
discussion.
Hospitals Need Money.
The total receipts of the committee
was reported to be 1891 ,231. 1t was
decided to have outstanding Eastern
contributions collected by one or two
of the large banks of New York city
and transmitted to the mint here
Chairman Phelan stated that nine
teen hospitals are absolutely without
support and for these institutions the
committee will soon be called upon TO
expend $1,000 day.
According TO the figures of the gen.
eral committee the food supplies re-
ceived since the day of the earthquake
total 1897 tons.