Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1920-05-21

- AO0 AACSbAh6p AO10 lOE the
pose of considering the bids for the
paving and also to consider such 9TH
er bids as may have come in for the
purchase Of the city paving bonds. !
There were no bids filed that were
worth considering, SO the meeting
was turned over to the business men
and citizens present for a frte dis
cussion of the present problem con-
fronting Montpelier in regard to the
paving. Contractors were present
and spoke in favor of various types
OF paving, and the lowest bidders of
a week previous. Messrs Gibbons &
Reed, were represented by C. e.
Reed, who urged the city to accept
his company's bid for a crushed rock
bitunthio pavement, which he said
his company would accept contingent
upon the outcome of the sale of the
bonds.
After Mr.. Reeds talk President
Ed. C. Rich expressed his opinion on
the situation in regard to the sale of
the bonds below par, which he op-
posed on the ground that the tax
payers are not in a position to pay
heavy premium in order to dispose
of gilt edge bonds.
President F. M. williams of the
Boosters club expressed the belief
that the paving should be the very
best, and suggested that we not get
in too big hurry If the quality of
the work must be reduced to meet
a depressed bond market. He did
not believe in making a sacrifice sale
Of the bonds
Mr.. Malone was opposed to sale OF
bonds below par, stating that IT.
would simply add to the burdens Of
the working man owning property In,
the affected district.
M. jeff Davis supported the con-
tention OF President Rich and all
other speakers, which he believed
expressed the wishes of the people at
large.
w. B. Trowbridge, secretary of the
Boosters club, In behalf of the club,
made 1t clear that the club, repre-
senting the business interests OF the
city. would not be In favor of hasty
action on the paving question.
Banker G. G. Gray expressed him
self as favoring the best type of pave
ment possible but deeply opposed
placing the city bonds on the mark
ct at prevailing prices, believing that
a municipal general obligation bond
at per cent and general improve
ment bond bearing per cent inter
est should not be sold at less than
par. Mr.. Gray favored the paving
of the business section for the time
: being.
R. A. Sullivan of the First Nation
al Bank explained the condition OF
the bond market, and said that the
market was about as bad as 1t could
get and believed that relief would
soon come. He believed this a bad
time to figure on big construction
work on account of the labor and
material situation as well as the
financial conditions now existing in
the country. He was also oppostd
to a big discount on the bonds and
advised the council to hold the paw
ing and bond matter in allegiance
until q more opportune time.
Mr.. Williams Of the firm OF Will
liama and Hess. made q short talk
along the lines followed by the pre-
eeding speakers, and ell together It
was plain that the taxpayers of Mont
pelier are opposed to carrying out
the paving program at this time. all
things considered.
c. 8. Reed and Geo. B. Stone, rep
resenting contractors and material
interests explained different types OF
pavement.
Mayor Hoff called upon the coun.
ell to express themselves and it was
the unanimous opinion OF the city
fathers that the wishes of the people
should be recognized. Mayor Hofi
assured those present that nothing
would Be done contrary to the wishes
Of the taxpayers.
The matter OF letting the contract
was postponed Indefinitely. 70 b
taken MP again At such : time .
conditions are favorable.
The mayor and council discussed
the matter of Memorial day. and de
caded to consult the various lodges
IN the city in regard to postponing
observance OF Memorial day to such
. time a. will assure . abundance
OF flowers. A date win be fixed
later.
Haaftar os hnoaha In rnaaanrarnts