Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1921-06-01
COUNCIL DEFEATS
MAYORS VETO
Bond Issue of 100000 Sus-
tained by Lower
Branch
FINANCES DISCUSSED.
Chairman TIGER Tells Council If $500
600 Bond Issue Was Adopted City
Could Only Borrow SSl,3O9 More.

Common Council at a special meet
ing held last night by vote OF IL u
1 defeated the veto OF Mayer jaime:
NJ. Duncan to the ordinance provld'
ing for bend issue in the sum oi
100000. The vote was taken on tns
proposit:on after considerable DISCUS
sion.
The mayor in communication tc
council among other things said: =
am net able TO lend my approval tc
this ordinance for the reason that
It does not seem TO conform to re-
cognized business principles. nor L
meet the urgent requirements and al
so!ute necessities fthe city.
Mayor Duncan all along favored a
100000 bond issue that beng h's
original recommenla:;on to council!
He set forth among other things that
the whole of the proposed S"O9,O0u
bond issue would be-re1uired to pay
present indebtedness and there vii.
be nothing left for improvements. H@
directed attention to the need i al
appropriation for new schoo! OF
sixteen rooms and the remode! Eg OF
Washington school building y en-
larging it from eight to twelve rooms
and of the need of an appropriated
of $4,000 for this work. He a!sc
called attention to the need Of 4 sew.
er near Rosemont.
Councilman TIGER, chairman Of The
finance committee. stated he regret-
ted that the mayor had seen fit II
veto the ordinance and he SAID he
took exceptions to statement thai
the ordinance was ''mislead!ng Tne
original ordinance he expla:na'! pro.
vided for bond issue of $2oO,OOC
and the committee realized a caange
necessary and recommends S3OO,Not
He reviewe the financial condition OF
the city and said he did not ,i;nk II
an oppontune time in which 70 t!2a'
a S600,00O bond issue. On a S6O0.0c0
bond issue it would take he sail foui
tenths of the principal to pay the ii.
terest and sinking fund provided for
There are at present total OF IS6h,-
700 BONDS outstanding and the pro
posed 100000 issue he SAID "on!c
make it Sl,166,700 bends outstanding
and if $600,000 bonds were ISSUED
the city would only be nble TO borrow
SS1 ,50.70 more practically being ur
to its limit with bonds and he added
he did not think tch city council sell
The bonds if they were offered. Ir.
TIGER estimated that the ,4ppropra'
ton bill for the coming year: will t.
tai $2S6,OOO and provisions VII DC
made to finance new school.
Councilman Fletcher asked Dir
Ticer did he not think the eHpendl'
ture of the money on streets wou@
enhance the value of property and NJ
recited the need Of additional schoc
facilities saying many children nov
were only attending one session a
the schools.
President Burke made speech op
posing S600.000 bond issue and sait
conditions are not ripe now for IT.
floating a large bond issue. He ex
pressed himself as favorable 20 CIV
ing the children all Of the education
possible. He, however, thoughtia pro
gram Of thrift should be inauSaraie'
now ard hoped the city would movt
consevatively.
Councilman Downham expresses
himself in favor of the .S600.00o bon'
| issue and sad II the money c1HHo
be obtained at one bank to g II
some other. He also favored the con
struction Of sewer at Rosemont.
Councilman LAWYER though. tn
city should pay its debts first an
favored deferring action on Srea;
er bond issue than 100000.
Those for sustaining the mayo
were Messrs. Downilam. Drury, Flet
cher and Devers and those agains
him were Messrs. Mcaffrey. Mattel
Ticer, Kaufman, Wattlcs, Desmond
Sullivan, Bageett, Ballenger Law!c
ana Burke.
The board of aldermen it is expect
ed viii held meeting shortly for r
! ,.S;o,