The Barre daily times. (Barre, Vt.) 1897-1959, 1916-04-12
Caused No End of Discus
sion at City Council
Meeting
REPLIES FROM BANKS
WERE CONSIDERED
One Institution v Wiling
to Pay Pr ~ Rate
Of In 4 y, 4.76

Unto the .ery threshold of the dawn,
ing day the city fathers, first in alder,
manic session and afterward at sitting
of the council, wrestled, or rather toyed
with the problem of placing Barres $751;
600 sinking fund on deposit with one,
two, three or four of the banks in the
city. Winding up their routine business
at o'clock, the aldermen settled down
to protraeted meeting that broke up
when the council adjourned soon after
midnight this morning after accomplish
ing next to nothing in the way of salt
ing" the money for another period of
three years, beginning May l..
In the meantime the seven men around
the table paused in their deliberations
long enough to send peddler of road
oil for the Standard Oil Co. (Inc.) on
his way rejoicing at 1886 a. M. over the
Central Vermont railroad with an SS75
contract for spreading oil on the streets.
Lewis and Clarke, in their wanderinps
liiOuGi LHt iidGhltsh WESTERN WDOuS.
never were so far afeld as the council
lors found themselves at the witching
hour of midnight. Not unlike the ex-
plorers Of old, they CROPPED their way
through a cireumlocution OF words, re-
dundancy of phrases and a labryinth of
schoolboy rejonders and kindergarten
reprisals only to make port in profitless
adjournment when anxious wives called
the turn by using the telephone persist
emily and to excess.
The yolte face, in fine French, is what
the council neatly turned, when. after
arguing the delicate moral question in
yolved in opening semi confidential bids
on the deposit, voted first to stand bv
principle, and then decided to satisfy its
curiosity by finding out where the banks
stood on the sinking fund II had been
reasoned that to open bids which might
be wholly ignored in the end would be
unfair and when the first test came three
aldermen We're found opposing the mo-
tion to examine the four commuuica-
tions. To shift the responsibility. tho
aldermanie board adjourned and the
council convened in order to permit the
mayor to break the tie. Mayor Gordon
broke the deadlock by voting with Al
iermen Glysson, Healy and Bruce to
lfEve the proposals sealed, Aldermen
Reynolds and Ross balloting
n favor of examining the offers. Just
before adjournment. however, the motion
II Alderman Reynolds to open the COM
seconded by Alderman
Bruce, was carried without dissent, on a
how of hands,
As NCus avpaataJ vo+b;pr, 90 - {
eading of the bids At present, and for
he past three years. the city has been
eceiving interest OF 4.76 on a $4,000
mixing fund in the Quarry Savings bank.
he term expires May l. when the fund
'ill have increased to $4,000 To an
lquiry sent out by the clerk, at the.in-
tance of the finance committee. asking
ach Of the four banks whether it would
r would not give 4.76 for the fund re-
lies were received as follows: The
marry Savings bank stated that rate
40 could not be justified at this time
nd offered to submit bid. The Peo-
les National hank and the Granite Saw
gs bank evaded the question each bv
dding 420 for whole or a part OF the
ind. From the Barre Savings bank
me an offer of 40. the rate maintained
II three years past.
Apparently the council split on the
iestion of dividing the fund among four
INKS Alderman Healy accused Alder
an Shurtleff OF inconsistency in espous-
e the policy of division as measure
safety unless a high rate could be Sc
red for the fund to be Jumped in
lgle bank The member from ward 2
timated that his ward colleague was
the fence. One Of Mr.. Shurt-
rs reioinders was 10 the effect that
G council should authorize Mr.. Healv
fix a rate TO his own satisfaction and
en- report his arrangement to the coun-
When Alderman Bruce failed to OBJ
in a second for his motion to split the
nd in four parts and assign a part to
many banks. Mr.. Healy ventured the
inion that no one could tell Just where
E council stood on the matter of divid-
( the fund Alderman Shurtleff hur-
q back with the suggestion that most
sryone appeared willing to vote as he
ked. unless an exception be made in
. Hcaly', case Soon after Aldermen
ally and Glysson said they were ready
60 on record as favoring the policy Of
diuC the fund Alderman Reynolds'
tiou 70 open the bids and to accent
of them in the event that 10 should
an offer of the 4.76 rate was finally
ried. but the council did not sce iit
authorize the carrying ont Of the pro-
ions incorporated in the notion
When the council wasn't i0ckeving
D the sinking fund. i gave ear to
resentatite of the oil company. who
posed to substitute a town 20 town
vehicle for the city's OIL cart. The
MT. who appeared for the first time
Iy in the evening. explained in de-
the advantages aerruing 70 the uss
q motorized pressure vehicle that i
10 spread tie street oil much mors
sfart0riiV ttan tfc hor-p-drapu
rkIer. The cost b no larger. ths
ID -al5 thar fre oll method AZ the
ri the meeting t.r STANDARD man
contract signed frr oll enough -
nkia 35NH1 s1Hare Fari- oi r1al s1r-
. The 'ar1=uIl us11u BE- to fiz.f Barrs
ff5rr lu MaE
1fHrirstlan 81 thr stone euI-lrr
p r-hfrTf ere -trf committees
-ttHn warrants 1far-r rHr the
uE arrsrlfls.