Читать книгу The Great Galveston Disaster - Paul Lester - Страница 34
THE FINANCIAL OUTCOME.
ОглавлениеThe effect that Galveston’s disaster may have upon the financial obligations of that city was an interesting topic among local financiers. Whether the bonds will be paid when due or whether interest default will result when coupons are presented is a mooted question in certain circles. J. B. Adone, banker, of Dallas, and former member of the old banking firm of Flippin, Adone & Lobit, of Galveston, said concerning these points:
“Galveston’s bond and interest obligations will be promptly met, I feel sure. If left to their own resources in the face of the present calamity, the people of Galveston and their public officials would be probably temporarily embarrassed, but there will be no repudiation or defalcation. The people of Texas will respond to the needs of Galveston in her present terrible affliction, and out of the moneys contributed the city’s financial credit will be protected if this course should be found necessary.”
Pursuant to the proclamation of Mayor Brashear, issued Sunday night, a citizens’ meeting was held in the city council chamber at Houston and an organization effected for the relief of the victims of the storm. The following telegram was received by the Mayor from Governor Sayres:
“Austin, Texas, Sept. 10.—I have taken the liberty of directing that all supplies of food and clothing for Galveston be shipped to you. Will you undertake to forward them when received to Galveston for distribution? Answer quick.
“JOSEPH D. SAYRES, Governor.”
Mayor Brashear immediately replied that all supplies would be distributed where mostly needed. A telegram from Areola was received, and there were twenty-five persons there, mostly women and children, in urgent need of relief.