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Show PLAN FOR LOWER INTEREST. . v Council Committees Discuss a -Proposition to Refund $548,000 '. in City Bonds. The matter of funding tho outstanding bonds of the city. ,ik recommended by Mayor Morris, came up Inst night before the Finance committee. The payment of the oiistoiiding bonds of . tiie cltv "'n;"nfinc,ln ''"'l'0 H now optional, rii '.n,"., s nre bVanR" vcr cent Inter-Sfiti, Inter-Sfiti, i Ilc Poi'o-dUon Is to replace thorn with bonds of I or 4 per cent. U Is wild that unless ?omo action Is taken lo refund the old . per cent bonds at an-earlv date n J!.1?. ?l, thc, pofcholderH will Insist" upon a tax being levied for a sinking fund. I l.J'iadvfrl,8Wi for MiMcn on some I per cent bonds a short time aK0 but the Tho ;c.rni l00,10"' none were sohh Tho city has since received a bid to lmv I s bonds for twenty years at par. bin. J' ?h bPrai !'f tho Klnncc commit ice h w ,lh "I,!nlon "" these bonds should bilng a premium. The matter was con- EVn"1 "iKh a,,d ,n thB meantime certain cer-tain of the members of thu committee will correspond with Eastern linns u on U," IUiT L ls """'en that some of the U 5? 1)rcnillim of ay from 000 A new nilo was mnde by the Committee on Licenses which Is to the effect tl i t n.? more free license will be "ranted unless the applicants appear before ihc committee and have their applications ap-plications Indorsed by a mimb?r of reputablo . citizens. Some of the J?bers of this committee are also coii- fA n, ai,ilI5all,,l of 'ofnmendlng to the. Council that no expreso watron licenses li-censes M iHFtied for a shorter period than one year. It Is arsucul that snch a measure meas-ure would not only save the committor" use ess labor but would pro ect the ft U-mat9 U-mat9 expressmen from those others w o only, do busmess for a few months 1p tho summer or fall when busliieM Is good nd take out a license for only one or two months' duration. |