The Montgomery advertiser., 1908-03-22

as iIlusfrating fbe desperate straits to which the opposition has been driven in the protection of their candidate in the campaign.
 Paving Provisions Criticized.
 Harsh criticism was also made of the paving provisions of the Municipal Code bill. It was reviewed how a third vote of the City Council force street and sidewalk Improvements on the property owners even If every one of the latter were to protest against 1t. The provision was also condemned, calling for auctioning the property in the event there is a default in pay ment for the improvements, which is divided. into ten annual installments after ten per cent of the total cost is paid in cash 1t was charged that this provision Is severe on the man in redeeming his property. It being shown that 1t is necessary to redeem in two years and then he is required to pay all the ten instailments in lump sum with interest.
 Major Raber closed. amid thunder ing applause, with an euiogy on the attributes of Mr, Tyson who he praised for his sprohibfty. his financial ability and his indepehdence of any clique or set of men in running the city gov ernment once he Is in the Mayors chair
 Speech of MT. nlskey.
 Perhaps the minutest anaiysis of the .fiuancial condition of the, city was made Ky w. M. Blakey in an extend- ed address. He declared that the city is now in the throes of q dehcit amounting to over $100,00 on the call culations of a special committee of the council appointed for the purpcse of examining the treasury and the bud gets of the city for the current hs- cal year. He repeated some Of the things reported by that ccmmittee. among them being that 1t wes esti- mated that on the present basis of in- come the city would have only Slgo.- 900 with which the run the government until next October, whereas by actual computation 1t will require $s10,0e0 to tide over the peri4i.
 They have told you in the press, said Mir. Blakey. that there was hard times when the bonds were issued and the New York market could not be reached in floating the issue. There fore, 1t was imperative to 1pay these extravagant commissions. Does not that sound strange to you when the county of Montgomery at worst stage of the panic sold in the open market S25O ,000 of bonds at a premit1l of $i,soo bearing four and one-half per cent interest.
 500 of commissions paid the real estate bond dealer. gentlemeng'
 Mere of Municipal Code.
 Next Mir. Biakey turned his atten- tien to the Municipal Code Bill and fired sevral broadsides into. the meas ure for the passage of which he held Mir Gunter responsible as member of the last Legislature. He was particu- larly severe Tn his criticism of that feature of the bill which he alleged made 1t possible for "the city treas urer of Montgomery to be absoived from all liability. he and his bonds men, in the event of the failure of . bank with which the law allows that officer to deposit the city's money"
 As if to illustrate the fatal error, as he claimed, of such a provisions as this in any city's charter, Mir. Blakey re- ferred to the noted episode of the failure of the Morris Bank, of Mont gomery, in which were involved the city's and the county's funds. He told of the terrible possibility of q repeti- ton of this hazarding the city's money under the Municipal Code Bill. Incl dentally, the speaker made an attack on Mir. Gunter for his neglect. as he charged, In supporting resolution after resolution introduced into the Council providing for suit Aginst the bonds men of the city treasurer on the oc- casion of the Norris bank failure. He said the county had acted wisely in this matter and had forced suit at once against the bondsmen and was not engaged in waiting for. dividends from the banking institution. He de- clared his belief that the city could have already collected its $50,o00 of funds involved in the bank failure if suit had been brought. against the proper people. M #4
 Praises AaR. Tyson.
 Contrasting the policy of "inaction" of Mir. Gunter on the Morris failure proposition. with the policy. of Mir. Ty- son, Mir. Biakey told proudly of how Mir. Tyson, when he first stepped into the Council. fihtroduced q resolution looking to immediate suit of tho houdsmen of the city officer He ar dentTy supported this resolution. but 1t went to the grave while Mir. Gunter, as he alleged. was dominating the Council.
 These speeches were followed by en- thusiastic discussions by J. c. Conner, L.. A. Sanderson.. O. c. Maner. T. s. Spivey and c. L. kfcClendon. The meeting adjourned amid cheers for Ty- son at few minutes to Ii o'clock.