Los Angeles herald., 1908-09-16
SUPERVISORS
MEAN TO STAND
BY BOND DEAL
ADVISORY BOARD UNABLE TO
SHAKE SOLID THREE
NO MORE SECRECY is DECISION
OF COMMITTEE
EIdrldge, Wilson and Patterson VIII
Refuse to Rescind Actin Is Gen-
eraI Belief-Proceedings to
Be Made Public
MO MORE secrecy!
IN That is the word that has gon"

MO MORE secrecy!
M That is the word that has gonr
~ forth from the advisory boaro'
made up of reputable citizens Of the
county, appointed by the board Of su-
pervisors on June 80 to advise that
body in connection with the good roads
project.
When the advisory board meets this
morning in the chamber of commerce
demand will be made by its members
that no further secrecy shall be main
tanned, but that full light shall be shed
upon the whole transaction whereby
$3,5O0,0O0 county bonds were disposed
of by the "solid three of the board of
supervisors, SO that the taxpayers or
the county, the persons most interested
in the matter, shall be fully advised or
all proceedings in connections with the
sale and the efforts of the board IN
their behalf following the deal.
At this mornings session OF Tie ad-
visory board its subcommittee, con-
sisting of Mayor Thomas Farley OF
Pasadena, P. J. Beveridge and George
H. Stewart, will report the failure of
their efforts to induce the representa-
tives of the banking interests, purchas-
ers of the bonds, and the solid three"
of the supervisorial board-Patterson
Eldridge and Wilson-to nullify the
action of last week and yacate the
sale Of the bonds.
To Censure Supervisors
The subcommittee met the three
members of the supervisors on Monday
but were unable to secure any con-
cession, and when this report is made
today it is believed a resolution will be
Immediately adopted criticising the ma
jority of the supervisors for their un-
businesslike and irregular method, and
demanding that their action be re-
scinded.
The private sale of the bonds took
place a week ago and instead of dinin-
ishing, criticism of the action of the
"solid three" becomes more pronounced
as each day passes.
The sale, effected in the stencil of Sc
crecy, has aroused public indignation.
which has become stronger owing to
the fact that other bond houses have
expressly stated their willingness to
offer a higher rate for the bonds than
that accepted by the members of the
county board.
Whether the advice of the advisory
board will be accepted and followed out
by the supervisors cannot now be pre-
dicted. Indications are that it will not.
But when it is remembered that this
large body of citizens was appointed by
the supervisors for the express purpose
of aiding them in connection with the.
bonds and the good roads work. a dis
position on the part of the board to
disregad the recommendation of its
advisers would appear to be a just
cause for severe censure.
Explains Secrecy
The secrecy with which the delibera-
tons of the advisory board have been
carried on, it was stated yesterday,
was due to desire on the part of that
body to deal with institutions in the
vicinity and reach a conclusion where
by the bonds could be disposed OF with
out discredit to the county. Because
of the refusal of the "solid three" to
concede anything, this effort has come
to naught. With the exception of one
member of the advisory board, it is
believed the full membership condemns
the action of the "solid three"
While the general public will not be
admitted this morning to the room
where the deliberations take place, q
demand will be made by members of
the board that further secrecy shall be
done away with and arrangements for
the publication of the proceedings win
be made.