The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-02-25
MAYOR SPEAKS ON
CITY'S FINANCES
Will Address Both Branches Of
Council at Meeting To-
Night.
BUDGET TO BE PRESENTED
White Teachers Will Get Nd
vance i, Salary-Intcrcst i'll
Other Matters.

BY Invitation OF the council, Mayor
Carlton Mccarthy will address the
members of both branches Jointly on
the subject Of the ctys finances ut
$3.50 o'clock tonight. OF soon after
that hour. There is more or less
general demand that the Mayor make
his9address publicly and in an audi
+ toriuin sutliciently capacious to ac
commodate all who may desire to at
tend. Councilman g, T.. Davis of Clay
Ward, is one of those who hopes that
the MAYORS speech may be heard by
citizens generally, but UP to this time
no arrangement has been perfected by
+ which a larger number may be present
Khan the Council chamber will accom-
SlodatC.
Will Be Live Speech.
1t is immaterial to the Mayor
whether Others than the Councilmcn
hear the address or how many others
heargit. He is to speak by special in
pitation of the two branches convened
in joint resolution and in the Council
chamber. Some have expressed the
hope that the address might be made
in the auditorium of the Chamber OF
Commerce or in the Academy, but only
the Council can provide this. and this
would require Il joint business session
tonight or this afternoon The Mayor
can only accept the invitation as con-
viewed.
The address of Mayor Mccarthy will
be along the lines of the revenue and
expense status of the city, its bonded
indebtedness and the best means of
Nauidating 1t and problems cosnate to
finance. The speaker himself prob
ably does not know lust what he will
1u5 will
and may digress as some idea suggests
itself to him.
lie may be counted upon to express
himself en- PEASANT, on many live prob
lens now engaging the thought Of the
Councimen, and 1t goes without say
ing that he will discuss any such sub
ject on it's merits, as he sees them, re-
Eardless of the wishes or interests of
any man or set of men. 1t is possible
that the Mayor may have something
TO say on the board of municipal man
agement idea, or some phase of It, or
that he may touch upon the Gas
Works, the Water Works, the electric
hight project, or the future of the am
nexed territory. Whatever he says
will carry weight with it. particularly
bis statistical review and his summary
of the city's financial situation
1t is expected that stenographer viii
De preSent3sto secure Il NcrDallm report oI
the speech.
So many statements have been made
as to the city's bonded Indebtedness and
as to difficulty in floating bonds, that
the views of an expert on finance and one
who loves Richmond with an abiding love
Will carry great weight with them. 1T
is possible that the address may be pub
lished for distribution hereafter
Budget Tonight.
One of the most Interesting meetings
of the Common Council TO be held dur
ing the year is that called for tonight
at s O'Clock to receive the annual bud ;
get reported from the Finance Com
mttee. The budget can only be re-
celvcd no action thereon being permits
sible tonight. Peculiar interest at
& taches to the recommendations OF the
committee as to the various applications
or appeals from the several departments
of the government, and from various
bencficiaries OF the cty's revenue APP
propriations. Besides the manifold dlvi-
sions and subdivisions Of the executive
authority OF the municipality all the
elemosynary Institutions are suppicants
= for aid to some extent.
AS published from time to time. the
Various departments and beneticiaries of
& the budget funds made drafts on II fci
almost double the amount available. Much
of the money asked in large sums for I'D
ditions to the municipal plant. III the form
OF assets, has been omitted from thu
budget, but sECh of these as are really
necessary may he provided by means OF
bonds, II deemed imperative.
More Money for Teachers.
The school teachers, the military COM
panies, the Mechanics Institute. the Rose.
mary Library, the Memorial Hospital, tn,
Virginia Hospital, the Retreat for tlit
Sick, the Eye and Ear Intirmary, Tuber-
culoss Institution, Day Nursery anG
Kindergarten, Richmond Hospital, Fcmal,
Humane Association. Founding Home
Sheltering Arms Hospital, Home for In
curabes. Home for Confederate Womei,
Visiting Nurses Association Nurses Set
tlement. Spring Street Home, Ladies' City
Mission. Woman's City Mission Society
for the Prevention of Cruelty to AMI
mails and various other institutions ant
objects are asking something from thu
city
Music in the parks, street car tickets
for Councilmen and various other OBJ
1ects demand attention. The Council
appropriated about 100000 for thes,
objects last year, exclusive of $3.50
for music IN the parks and the sam,
sum for street car tickets
Last year $4,000 was appropriated
10 the Battle Abbey; $4,000 to til,
Stuart Monument, and $1,000 to tn,
San Francisco sufferers, or $4,000
which Will not have to be repeated
The Confederate reunion fund and tn,
auditorium appropriations Will help L
Seplace these extraordinary demands
upon the city's resources,
Great interest attaches to the ap
peal of the public school teachers 70
salaries more nearly commensurate
with the service performed. The teach
ers Will receive "a rniso"-that mucl
Is certain. II viii probably ayerag
almost 10 per cent Tor the whit
teachers.
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