davidaulloa/AmericanStories huggingface dataset:
BoletiÌn mercantil de Puerto Rico. (San Juan, P.R.) 18??-1918, 1915-02-17
Camara In ular
de Conerciio
COTIZACIONEs NOMINALEs
Nominal.

Nominal.
Borinquen Sugar Co. 1915
Carolina Sugar Go. IS
;ayey Sugar Go. 50
Central Cambalache Co. 600
Compaf1a Azucarera del Toa 65
Ccmpan1a Salinera de G. R. IS
Fajardo Sugar Co,
Banco Territorial Agricola 70
Banco Comercial de P. R. 100
Banco Popular 211b
American Colonial Banck 100
Ben1tez Sugar Co.
Juncos Central Go. rs
Lola Sugar Co. 60
Mayagiiez Sugar Co. 100000
Muelle No. 2 45O
Plata Sugar co.
P. R. General Telephone Co. 60-7O
Pto. Rico Brewing Co. so
5au Crist6bal Sugar Co.
Santa Isabel Sugar Co. $500
Utuado Sugar Co.
Vaninna Destelling Co.
Vannina Central Co.
YabucOa Sugar Co. 6O-65
CEDULAS.
Banco Territorial 7 EN-. 1O2
0anco Territorial 8 EN-. 100
BONOS.
Borinquen Sugar Co. 7%
Central Calabalache 800
Juncos Central Co. $50
LOLA Sugar Co. 6%
P. r. Sugar Go. TO
Vannina Central Co. 6%
DEPARTAMENTOS DE GIROS EN-
LOS BANCOS.
FRANCIS, go D.
LIBRAS ESTERLINAS, 1886
LIRAS, so D.
MADRID Y BARCELONA, so D.
PROVINCIAS, $50 D.
NEW YORK, 10 cvts. premio.
Las variaciones en- los valores de ac-
clones no hay compradores, pero los te
nedores no Sc disponen ceder menos.
Sc han hecho algunas pequenas ope
raciones aisladas.
BoletiÌn mercantil de Puerto Rico. (San Juan, P.R.) 18??-1918, 1915-02-17

Vapor espanol Balmes. Saldra de
Barcelona ell 20 del presente para 6sta
hacienda las escalas de costumbre.
Consignatarios, S. Izquierdo y Co.
BoletiÌn mercantil de Puerto Rico. (San Juan, P.R.) 18??-1918, 1915-02-17

Vapor cubano Santiago de Cuba Ell
25 del corriente Sc aguarda procedente
de Habana y escalas.
Consignatarios, Villar Co.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-29
$1,000 A WEEK COST
OF USELESS SCHOOL
Officers Quibbling
Blamed for Yorktown
Heights Conditions.
no PUPILS ~ II YEARS

,iP,~v. March &c Executive Audi
tor George \. ,;lynr refers 30 tho
Yorktown Weights Training school for
Ro,s a. AN example Of business meth
DDS which private enterprises could not
withstand with success" IN a report to
tho LEGISLATURE based upon = recent in
y~estigaticu NJ this unfinished ins'itu-
ton The training school was cs'ah-
lished in 900 and a commission ~ Sc
lect a site not to exceed loco acres
WITHIN Hfty miles Of New York city APP
pointed.
In to tho present time tho state has
invested approximately $500 600, ~ uu-
der expense Of sco.ooo - year for msin-
tcnauco and tho INSTITUTION ~ not IN
shape to accommodate ono inmate Mr.
G,lyuu SAYS. Taking ~ Of tn" in
terest on the investment and tho an
cos, Of ma intenance tho irstitu-
ton 10 costing the state $1,000 u week
and in its present shape is practically
useless.
"It appears from the records says
the report, "that after examining many
sites a commission composed of Homer
Folks. Dennis Mccarthy and Isaac
Townsend selected a site at Yorktown
Heights containing 500 acres AT n cost
Of $4,000.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-29
LABOR LEADERS WILL
PROTEST TO WHITMAN
Bic Delegation to Visit Albany
To-day to Fight Compen-
Sation Law Rider.

Five hundred labor Leaders VIII pro-
to-, to COY. whitman today against the
rider ror tho workmcn's compensation
aud other labor leg Station. The
lahor leaders assert that the Republican
PARTY rs trvIlg - get rcV.uG" ON tho
labor organizations of the State for their
efforts to reelcct ,ilynn As Goveruor
Those Nho tro going to the hearing
before the Governor represent 7uo, 600
@uuiouis's, according ~ CORE, pond
ing Secretary Ernest Bohm Of tho CEN
tral Federated Union. Who aid yes'er-
day that besides the delegation Of 800
labor inca to be present there would
hc representatives. of progressive wun-
ems organizations and tho Womans
Trade Union League
The Republicans now propose 20 de-
s'roy tho important labor laws for which
tho Labor organizations have been light
ing for tho lest twenty years. lid
Secretary Hohm
cur principal objection viii Ice to the
rider for the workmen's compensation
law which would virtually nullif, that
law by giving the casualty companies
full power To- make awards.
"Auoth"r protest Is going 10 h" made
against tho merging Of the state Labor
department with tho department under
the secretary of state
Secretary Bohm'S announcement con-
taius the threat that II their rotcsts
ere ~ needed the Labor organizations
viii make su active political campaign
agt'-' those voting against us in the
Leg stature, and Wc Will make arrange
merits to go into tn" districts Of our
enemies and krif" them politically"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-29
Moro Exprns~- added.

"S~ubs.dueu'ly more land was &C.
quircd. property WAS condemned for \
roadWsy. y spur from the railroad was
begun and water and scwaga systems
were Installed Pending IN the courts
are awards for SOS 600 I'm coudemna-
ton proceedings and an application ~
tho commissioners for an increased al
lowancc for their services.
The institution has seven partly
constructed cottages and scarcely any
Of the improvements contemplated are
IN a stat" % completion
'The sewer and water supply svs-
tom cost nearly $1,000 q So 600 was
expended for a spur from IN" railroad.
t36.0o0 for highway purposes. 10000
for making roads and grading, and
other expenditures, together with the
cost "f maintenance, represent tho
States big investment.
An appropriation Of a little over
s1no, 600 Is available and work for APP
proNIiuately half that Gum Is to he soon
let hy contract
II" auditors report inrlud,s tho cor
~rsspondenrs Of Prof. Franklin II. Briggs.
superintendent of tho institution, who
was transferred from the state insti.
tut|nn At Industry in 1919 IIe receives
$4,000 4 year and maintenance for HIM
self and family. HE payroll includes
= clerk and hnokk-rpcr At q 200. -
sicUogrsphcr a. s6Uo. . superintendent
of farms \, - 200 and maintenance. /,
head cook at $500 and maintenance, =
mdtrou ~ $500 msintena nee. = -Cr.
want AT SIS a month n maintenance
two t"amstcrs at $40 a month and main
tcnduce. ono i"amstor ~ So = month
aud maintenance md i've 'ahor'rs Al
$50 a month and maintenance.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-29

N"Nt week also VIII bc passed tho bUl.
l.gislattng ont ~ office ~ appraiser Of
caual lands Edwin : Harris. tho for
mo- Democratic Deputy Comptroller.
who GOT tho g. 600 plum just before
GOV GNnu won't out Of Otto. Nj
fidr'i- = supposed 80 nav. furnished cN-
Gov. ,;lyuu and tn" other p.ino.rttI.
"firials with th,ir financial statements
attacking ~" correctness Of tr'v witt.
mars figures. The hin comes Up iu tho
Assembly on Tuesday.
When Senator RroNu's attention VAS
called to This 10 remarked
We'll. NJ IIarris's department costs
$1,000 = year. SO well save that much
OF GOV Whitmun's SIS. ouo. 0o0 anyway pc
Th" Republicans hay" decided NOT tu
NEEDLE with tho primary and election
laws 10 any apprr"UahlC extent The
question OF passing the hiI permitting
IN" voters Of tho state 90 decide whether
or not th" party stat" convention shall
70" r"cstdhliSh"d apparently ~ up IA tH"
ar. but the expectation * that ~ VIII
not hc passed 10y m" Legislature"
The principal thing To l." done rs to
reduce the number OF election Superiu-
teud.ntS from tire" 10 uue and cat tho
cost OF the election department from
S3bo,00u down 70 about So. 0oo There
will be no legislation affecting Tho form
Of election or primary ballots, 70 IT, said
The county election commissioners qucs-
ton Will not hc disposed Of A. this Scs-
sion.
Some NJ tho bIG legislation has not
even been introduced Included iu this
class ar" amendments To- the ttN laws
to increase tho indirect revenues hv
about $4,000, 900. public SerN ice com
mission Legislation and other proposed
laws being drafted by Suh-vomnlttces ~
the Senate, working under suggestions
from Republican Leader Brown l.egis-
laitou r'orglrizing tho state Hospital
department and some bills making ma
tertal reductions IN the Health DEPART
mcnt also must he passed.
'iov. Whitman VIII g.N" , u'trlug
tomorrow an 'h" dUcndmo0i 90 10
~workncu.s compensation act pro,'i c
for direct agreements ON compensation
between cWployer and employee. which
It Is thought Nill permit hig economies
in administering the compensation law
Labor men are fighting tn" amend
W'ut. declaring II opens tho doors %
casualty rompanI"s and will 'eal ~
~rcp"ution~ 81 tho occurrences under tue
old ~NSt"W trt. Vhtu 50 many "f tUs
employees V"r. cheat d.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-29

Bird : C,ler. former Comptroller is
sued The Red Paper of the city OF
New York yesterday. He employed the
war term because, he says. ~ ever the
taxpayers needed a danger signal they
need II now.
HES pamphlet. VI siNty-four printed
pages, ~ q general onslaught on the
CITY ,dtuinistrst lie attacks the
debt statement as fallscious. speaks OF
coilusi,e municipal bookkeeping. calls
the municipal policy ,N~travagant' ana
asserts that the present administration
is Increasing the paNroils At q great
ra'c <rNt he rav- Henry Brucic. city
Chambrrlain. and the c.tys policy of
engaging IN phiiauthropic and uplitt
enterprises. and winds up with AN at
tack ON the Municipal Research Bureau.
Mr.. Culer also TOOK q fling at tonnp
.roller William 4. Ircndcrgast. into whose
hands the pamphlet quickly found us
way. and the Comptroller issued a reply
answering the points made by Mr.. 'oltr
regarding the statemen, OF the city debt
and accusing Mr.. Coler Of Joining the
campaign Of municipal detractors.
Mr. Colcr wants the city to appoint
ore or two firms OF certified accountants
which he names to make a thorough
study of the city's finances and arrange
= debit statement In his long argument
rs to tho necessity OF this he refers
first to tho taN rate. which, ne says,
has hecr the popular appraisal ot a Guy
administration. Re asserts. however, that
the tax rate N not - true standard
bo,aus. n may he doctored and rs
do,turcd now"
- 49, .s. ta
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-29
SENATE AIRING OF SERVO
BOARD ROW IS EXPECTED.
Politicians Think Truth of Qrarrels of Investigators
Will Be Told if Gov. Whitman Removes Present
Commissioners and Names Others.

There seemed to be no CUB in the
dissensions in the Public Service in
~,estigating committee would be aired in
the State Senate should Gov. Whitman
dismiss Public Service commissioners
Cram. Mccall. Wood and Williams and
send in nominations to replace them.
The story of the fight made in the
committee meetings by Senators ogden
l.. Mills and George r Thompson
lam Hayward. the Governors counsel.
has been repeated In Albany for seN.
cral days In varying forms. While
the versions differed. there was no
doubt that there were sharp debates and
even heated uuarrels in the committee
meetings over the question as Ia
whether the committee should assuu"
the burden OF making charges against
the Public Service Commissioners.
sharp Debate Expected.
In view OF the discussion among pol.
ticians over tho dissensions and the
publication Of the different versions 1t
was regarded az certain that tho mo-
ment GOV. Whitman sends nomina-
tons for new Public service Commits
sioncrs Ia tho Senate there will he a
sharp debate on the confirmation Of the
nominations.
While the members of the committee
regard all discussions in committee as
confidential and have declined 20 make
any statement for publication In regard
TO the uuarrels. they have discussed the
matter with their colleagues. NJ The
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-29
PHILIPPINE TRADE IS
HIT HARD BY THE WAR
Years Imports Drop orr ST.
10000. While Exports
Increase Slightly.

WssutNGro~. March ?s.-Thc foreign
trad" ~ the Philippines IN l?lt suffered
on account Of the European wa. accord
ing to - report just made public by tho
bureau ~ tnsular ATairs. War Depart
meni. Imports declined more thar si.ooO.-
o00 in value. while there was All in
cre,~" OF only spls.s7S In exports. Trade
IN tho early months OF the year gave
indications uf large increases over 1918
Total sales ror the year were tiS.s>P.t3I,
- again, s~l7.77...as I'm 1913 Imports
were valued ct SIS 5>>.653. AZ compared
with SaJ.3i- ~ IN the preceding year.
The United states Wa accredited In
lHll with half the total Nalu" ot both
Philippines Imports and exports. the
considerable increa~. in tho proportion II
-, ortS being chiefly du" 80 resumption
of sugar shipments tn the American MAJ
ket. In addition there Ms d, trade of
como importluc" with Hawaii. target,
made M of imports ~ coffee and eN
ports - cigars. and q small but growing
general export trad" with Guam. FOL
lowing improved shipping facilities
Export. to- al leading countries uth'r
than the Tinted States were uniformly
smaller. ana this Was also true 81 I'M
port, with IN" exception Of nearby
Oriental sources
Imports Of wheat four declined. 'h"
American product used FOR tbs" year
being less ny 5000 barrels Exports
Of manila hemp realized tho .Npect,-
ions OF = recovery by the plantations
from the unprecedented drought Of l9l".
which resulted IN such heavy loss III pro
du,tiun IN iH13. During ia" FIRST seven
months OF iHti IA Increase Of 1000
long tons Justified the forecast of normal
shipments IN the closing months.
The war period, however. reversed all
this. 4 monthly average Of over II ,00n
ton in the earlier months dropped h.
low 200 and the total for the year Was
slightly less than the greatly reduced
trad. OF 1913
The full measure OF shrirkago IN pro
duDiiou ~ conjunction with the war Is
shown IN the export decline from Ia
3ll long tons IN 1917 to lliii7 in 1Hli
While this drop was compensated 10 a
large extern, in 1913 ny Increase IN
price. the further decline in quantity IN
l9li Wa accompanied by lower prices,
with . further reduction Of about
-, 600. 400 in value.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-29
T. Il. NAY rex WEEKS.
Colonel Said 10 Want Wan Like"
%>enntor for President.

Thu question ~ tn whom cot koosr
welt VIII SIppur' '"r the l'r"s d"u'v i'm
1916 cam. uu yesterday with the mon
tion of United states Senator John W
Weeks Of Massachusetts, aS q IrosIdcn.
tai possibility
There vas an unconhrmed report in
BROOKLYN concerning a BrookIyu CON
groS sman to whom Victor Murdo'k. OK
Congressman ana Progressive, had said
that col Roosevelt was willing To back
= man like senator Mc"ks This Cos
-jp cam" simultaneously with e report
that senator Weeks would start to-day
for = trip through IN" West, in tho
cours- of which he would meet many
prominent politicians and .prth at va
rious dinners and iUu'h"uus.
Senator Works has NOT announced
himself GA any way as q candidate for
TIE Republican nomination. though
many of bis friends have urged upon
him tho excellent chances he hds N view
OF his record both - q Representative
in Congress ana as a Iui'cd states sem
ator
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-29

mentioned Senator Weeks as "A Presi-
dental possibility could not be learned
yesterday.
The Colouel's telegram to the Senate
committee that Is Investigating an
alleged ship purchase lobby in Wash
ingtun indicated his opposition TO the
ship purchase bill. which President
Wilson backed 50 earnestly. I'm that
connection II IL an interesting fact tina
senator Weeks really managed the fight
IN IN" S"un'" against the Enactment of
that measure and that II was largely
through his efforts that the hill was de-
fcatcd.
senator Weeks was formerly q naval
officer, having been graduated from the
Naval Academy. Tie quit the navy To go
INTO finance and became a member OF
the firm Of Hornbluwer & Weeks. lie
resigned from that firm and duit bust
ness entirely when he entered the United
States Senate.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-29
COLLEGE GIRLS FOR HYMEN.
The, just Hesitate n Little, u y
Nount UoI,okc G%radun,c,

BosToN, March ~ Mrs. Louise w
Arnold, president of Mount iIolyokc
tollcg" AlumuG Associations. takes is
sue with rrnf. Robert j. Spragllc Of
tn" Massachusetts Agricultural College.
who says that the graduates of womcn's
colleges DO not marry is - rule.
"a college education does not IN the
least interfere with m~ntrinony,' said
Mrs. Arnold. "Thc average college
graduate Is not apt to be So romantic as
a younger girl, 80 she does not enter
matrlmony so hastily.
but as for saying college educated
girls do not want to marry, that Is alb.
s~olutely wrong The highest and most
lofty motive in any girls life In matri-
mony and to make "A good mother"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-29
GIRL OF 6 BY PARCEL POST.
Edna >rn IL Matted From Florida
10 trUtuta.

SAVANNAH. 'it, MARCH - Wearing
4 rlartrd uu w'irh wis no. utiuc and
destination and - c"uis in parcel post
stamps, sIN-ycir old Edna N"ft PASSED
through the crnlual station hero last
night ON her way from Pensacola. Via.
to thrist'tushurg, Va where hor father
Is awaiting her She ls just under tho
nifty pound limit.
Edna has been living In Pensacola
with her mother. who has been
separated from hor husband for aunt, =
long time, The probation utic,r in
Pensacola offered to send Edna back 20
Virginia. and the mother offered no oh
lection The officer had no funds tn pay
the fare of = grown NJ travelling com
pauion for In, child 80 he did the next
best thing. which WIS to- cutrust her to
Uncle sam and the railrorI officials.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-29

rr"f Riggs rc".t's the difficulties
between state officers and stat" and
municipal officers In coming to an agr"'-
meut So that the construction of tie
INSTITUTION might he progressed Liberal
approximations have been made and per
mitt"d to lapse "" SAYS
"Frpm October :, l?l2, up to Novem-
Der. lHli, mo- plans for buildings and
improvements we're permitted to pass
from the state Architects office. tho eN.
cusr hoiug that the State Commissioner
Of Health would not approve plans for
sewage disposal and water supply, al
though he had once done SO"
THE state is paying $1,000 a week
for an institution established eleven
years ago which will not for perhaps a
year care for one Of the boys In who's.
interest II was established says Mr..
Glynn,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-29
ROOT NOW HAS
A EAL BOOM
FOR PRESIDENT
Party Leaders Assure Him
That He Can Have NOmi-
nation for the ASKING.
THINK ROOSEN
WOULD SUPPORT HIM

wAsuNoro>. March 90 Elihu R"1,
has . rcal boom for tho ~t,"runii"an nom
nation for President Within tho last
s,w weeks Hc hiss lecu urged hv many
influential leaders iu his party to permit
his nam. to- to" used and tho mon wh"
have nut ~, matter up % Mr. Root conc
from states with q sufficient repros"u-
,ation IN tho ncNi national Congress &"
give strength 10 their suggestions MIR.
Root has protested that he cannot un-
dertake tho night.
lie has pointed out that he will he
seventy-two years old when the next
President * inauguratcd Rut this eN-
PLANTATION has not been accepted 10y ~"
men who d.sir, him 10 lead They have
assured him that 50 Ear ~ they can
control the situation ne can hat" , nom
nation tina will hc PRACTICAL, unani.
nous. hat = running mhte viii hc So
lcctcd Tor him ,uiirrl, agreeable to hin
md that Tho, VIII re- 20 wurk ~ once, r
h. will bu, consent. % maxi good thor
promis. to deliver the party stsnd,"l
70 him.
The declaration IL, senator Oliver ~
pennsylvanta m Introducing ex-senator
Root 10 tho tutou Leagu. club of HhiIt-
delphia recently. seems 10 vote, th.
sentiment of most of tn. Republicans in
Congr-r. tntt " Nv Root MI bur ~iN
the word he can have the nomination.
Notwithstanding tho public di~tltiW' ~
made bv Nj. Root. his admirers haN.
a. .-U.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-29

same time II any membe Of the senate
should ask for Information concerning
the meetings In committee or should ask
whether Col. Hayward. for Instance, had
insisted upon having the committ"" pre-
fer charges against the Commissioners
the questions undoubtedly will he an
swercd.
1t is expected that the Democrats ma
seek to make political capital Of the
appeal Of Commissioner GEORGE V. :.
Williams to the Governor to call two
state Senators as witnesses The Demo
Gratis undoubtedly Will desire to know
whether Gov. Whitman did or did not
say that he had sent the Senators to
New York NOT to- live az the Bjltmore.
hut 10 get evidence for the rcmo,al Vt
the commissioners
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-29

Stat" Scnator Robert T. Wagner.
leader of the minority iu the state Set
ate. and senator James \ Foley. a
Democratic member OF the invest eating
committee. could not be- found Nosicf-
day. II was rumored in a despatch from
Albany that they were planning an eN-
piosion In tho senate over the AFFAIR
senator Mills AZ his home. ? West
Eighty-fourth street. would not discuss
the situation except to deny empha'i-
cally hat the ,ioNcruor had ever de-
mauded that he produce evidence against
the Public Service Commissioners
~ simply to make a ma de-
NAL h" said. that Gov Whitman.
either To- me alone or In tho presence
Of Senator Thompson. ever demanded
that We md IN" Public Service Commits
sion"rS guilty of ireihcicncy or neglect.
] deny also that any ~ feeling exists
between tho Governor ard me.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-29
COLER CALLS CITY DEBT
STATEMENT FALLACIOUS
Makes General Onslaught on Municipal Administration
in ga Page Pamphlet Which He Calls "The
Red Paper of New York"

amounted to siO.S31 ,0636l The items,
he says. are made up Of the following 1
Fees from city and county o.aes
and bureaus. net ........... .... $40. Ai, $50 u
ancvr - Ai1.a23 81
Appropration balances ........... 9,ss,,sis7
Rand Transit Commission Office
and salary expenses paid out of
!'ll budget aud capitalized for
Money to be borroscd '..''',.'.. 1..ls.co
Interest on Rapid Transit issues
OF corporate stock paid out oi
budgets slnce 1907 and now re
corporate stock
Money to be borrowed. ......... 1905 ~ 90
transfer OF surplus revenue. Of
tn" SINKING fund ........... 1000. JD ~
Moneys to he collected from souu.
tic- ~ reimbursement of 1914
expenditure el..cSoi
SC, o6. cs35i
amount an interest charge for
general fund bonds held by the
''nlun fund of. ................. i.3i5.op %
$40, Nj. o3 81
MIR Col"r says that although Comp
trollcr Prendergast puts the debt incur
ring power OF the city at $50. 7a2, 9i7. the
Comptroller has failed to include S13,-
100000 of unissued but authorized cor
poratc stock to FUND deficiencies in
taxes. He argues that uncollectible
taxes are a real debt.
referring Ia various funds, Mr.. Colcr
says: MEN of high professional stand
'ug and large Independent means take
thSir petty tribute from these funds
We avert our eyes from the spectacle
of Dr. Biggs. state Commissioner Of
Health. with his large private practice
and his comfortabi" State salary. hav-
ing his name inscribed for an annual
payment OF $4,000 on The pension roll
~ the Health Department VI New York
city"
After Mr.. Prendcrgast had SKINNED
over the many pages of Mr.. Coler's
pamphlet. he issued a statement I'm
which he said he did not believe Mr.
'oler was the author OF the pamphlet,
hut was n WILLING tool IN tho hands 81
persons who wished to attack tho ad-
niuistratiou. lie then took up only two
statements which ne deemed worthy %
serious consideration first. the corre,t-
! ness Of the city's latest debt statement
and the wisdom 81 the policy involved
IN issuing general u bonds. lie
maintained That both we're correct.
Regarding No l." he said. Mr..
Coler attempts to impucn tho correct
ness 81 our debt statement by maintain
ing that $4,000. 600 authorized for the
purpose of funding uncoll"ctible tsNcs
prior ~ 1908 tsomc Of them from tho
tiwc Prov Mr Coler was Comptrollcrl
should be regarded ~ debt. have
told Nj. Coier that the question
whether this authorization Tor uncol
lec'ihlc taxes should he regarded IS
debit was submitted to the court ~
, Appeals o.. the so-callcd debt lini' case
of jefferson VI. Levy against N" city
~ New York The Court Of Appeals
said that - Was not debt within M
meaning Of tho Constitution.
The issuance ~ general FUND bonds
h4s taken place under = law that was
passed VA 1909. The '-ral questions
which Mr. Coler attempts To- raise ro-
garding III" validity Of orr corporate.
stock issues seem 80 nave found lodg-
nen' m very few minds other 'hU his
( own"