Every evening, Wilmington daily commercial., 1921-04-21
COUNCIL FINANCE
COMMITTEE FAVORS
CITY LIBRARY LOAN
As City Gets Deed for 81 100000
Property Through Outlay
OF 100000.
OLD SITE PAYS INTEREST

Provided city Council comedies with
ih, unanimous opinion of its finance
committee. to which it looks for guild
tnrc u such matters. the work OF
huidinr the new Public Library. at
r,uth and Market strccts. viii be
started within tho next siN weeks
Tho library management has an
proNmatrl, $500 0O0 the proceeds OF
q public drive four years aGo, To h'
usrd in construction work. and last
ught the finance committee Of Council.
lollowing "a presentation Of the sltua-
tom. agreed to recommend {" County
tho passage of loan ordinance pro
,idtng an additional 100000. which
viii DE- cqnircd 70 complete the prof.
,,i This rooney is not to be borrowed.
however. uutn this library fund has
been exhausted IN paying for the build
ms work.
IN, matter was presented to Coun-
nnancc committee at a meeting III
titN Hall last night 10y John i.
NI.ld- George T.. Miller. Edgar NJ.
ltuopca ~ Hcnr Bush. William
tNn, col George A. Elliott John :.
ltoss,u Ohio Rowland John II Dandy
redcrck T. stone and Arthur l.
Elllr, representing thu Library ON
hrbllt 80 the CITY tn addition 20 thu
u,mb.rs at Counrli finance com
mtttpt there werc several other Coun
,umcr cit, Solicitor lohn " Huxley,
il and sinking Fund Commissioners
lahu Monaghan and Robert D.
I.,mp what the finance committee
tAtred o. recommend ~ 'ouu, Il re-
,,l,rd "a, Endorsement 81 an who
uN, ou tho Suhlrc' II also seemed
q, tn, unanimous opinion that the
..ds should bear interest at per
,n, Gets sI.noo.o0o for ssOo.OoO.
M \icIds Whu nad, 30, hicf pres
t.rtfnr ut m, ea~. outlined tn, mat
t.l 5. follows
1hr llhrap owns she ground at Tenth
aud Market streets. prosecuted to il by
la,t, da ront Who usti FOR il so25.-
,.n $50 .an sddi' a. e'iuS spent IN
tu1rs t Th, Library management
nu,diuE turd approximately
lH.a.u q Is proposed I th, city IS
.n. fo invest S-oo.0oo to ~ ahead
H-, that $500 coo at once in con
t.u sorN ~. th, NsuldHc
1drr an AT it~~,d ~ fro as
e.tt.fr Coar0I vas ..at tlortlcd
to eurf.N se0u 600 through 4 bond s~ue
a.d ra1 .h.t amount to tn, Library
.aHab btucut in rrturu for which the
t.tt val re.ei,e a de,-i Tor ne property
-sroura building &, estimated on
sou'rl,i.or a. D, worth apW ards III ST.
r.u uoo- .h4~ adding that much ID The
..,te owned rs The city
N \tr.d~ ais. pointed out that. As
.uf s., th, present Library RuildiuE. al
ehfl ard Market streets IS vacated
lo orre~ .aNatle property -heing FIRE,
f,N va., us,d d, a.. brar, Il ha.
Ur4ght D., Iuhu tiatatos who il j,
tefsta,.i Nlp,t~ - make exteusiv.
rfaN,nsait~ l vii however hegIr
robahl, so,. 100000 Ir fart. il !,
trd % tax, care ot "a. interest or
lanrar, loar IN Vbiah ,vout n.
would realls cost IN, ,4t, nothing
tI s. ~, Interest i~ ,,.n, ,rned
Nt Ha,uss who l~ ne l..brar,-t
ut sn-tnreI On IN. bluding project
ttd a actual ~far, Vu. /. made a.
~ eoun,t gives assurance tha
money viii hc forthcoming whe1
coded tnd aetna aaldlug VIII
started within siN WeerS
81 Bash called attention to the fac
fHaf u rs parti. ..4arl1 desIra hl, 10 hav
the new lltdIne a. soon as possible. j,
order o. insur, ireproof protection 10
o., citys valuable election of books
which could not - replaced II destroyed
Councils finance committee. on bein
assured that cits money would hardl
ae needed for az least nine month.
agreed 10 recommend 10 Council that a
ordinance % passed without delay pro
tiding for the Sal Of $500 900 worth ,
bonds. az such time as the money
needed 20 complete the building projec