The daily crescent. [volume] ([New Orleans, La.]) 1848-1851, 1848-10-25

SECOND MUMciPALuy CouSCIL-Ihis body f he,H ~
regular weekly meeting last evening heeoioet tt ~
presiding Fhe order 0i the DAY and ,he my nate y
importance bfongi vas the Ie-oq.ion IN EAU ~ 20 Sg
next annual ,ss submitted ~ et def tb io irIt The
re=gIgon x, fIe tax al pet cent 10 be evie on Tai
December next Persons Saying before he i February.
1919, entitled 20 drtiuct0h o. ~ tl cent upon we
Of their snd persons not Pay ing by mat pe
wiz be charged por csHt pei annum interest iiOm the
Afer The sane al The RI oniion Mr. Peters rose to give
ms views DC The subject The sal OF per cent.
the same rs had ben collected several years past and the
system crowded BY the resolution as adopted coniormeby
legislative enactment under direction OF the Constitution
shall be equally taxed The law he thought equitable and
Just whether mans property consisted OF merchandise or
den Tbs tax proposed he said would reaZe 100000, ana
he considered this sum absolutely necessary 70 carry on me
its liabilities. lie estimated The revenue from all other so9%-
qeS iof the ensuing year at $3.50 &C., making IA ail $1,000
lie then entered into statement OF the current expenses
and the sums required 10 meet interest falling dae on me Guy
ali these he estimated Ina snin Of 1854 coo necessary, which
would leave but $6 600 meet the h9athS asPt anu 70
continue the system Of improvement winch mas Oee pun
sued IN the Municipality heretofore. 40 -, - e,en
The floating debt falling due n 49, hs staCea 70 ~
OF the foang debt could be cancsed during the next
year. and they woud De compelled 20 rely upon tAe I2tpea
Of their creditors for extension OF time there
was any deficit in te Treasury their creditors would press
their demands but the tax he pI9Dosef wa @ IN.
would smoothly and me great q uie ipnlGI?aiIg
being unimDaired the holders oil the debt wouq willingly
wait he made these explanations, he SAID, because he
kne" seFgi4 MTiiin-Ls "dI ON ~ " -e lO
posed, and he desired TO all the information IN ms power
and but briefly his leading points. II objected
he SAID that persons engaged trade and commerce and
Their profession. and the other the upon their proper
y, The license tax WHICH the General Conn-
Gil has exclusive control. Suppose that It found on
adopting system Of taxation that there was dehcEt y te
he raised by a upon property! This was evident
Would not be absurd Tor man to say That because ne
pays license for his profession trade Of S2o year that
bis property whatever may be its value should not be taxed!
The only question 10 his mind, was, was he % POos9e
too high? and when this he would be able to esta6-
ilsl thatit
his unpTepaTednes to discuss the subject a. he would Wh
and the ability Of the gentleman who introduced tia eA-
sure 3ta9a he was opPoisd to ne s9uon tho On g
cal Reports, that the next year would bung GpOui
etgCUn Of taxes aud he thought this favorable moment
TO 9ti the promise ID Inc feSogIioa "oUid nC DC elHa
and uaOrm IN OpeIatIOn and 3D. The resources from other
Of the tax 10 three quarters OF one per cent Mr. NJ read
from former Finance reports show that Ire promises
round there was no decrease in the debt they threaten
ed with being the brink Of bankruptcy and the same high
fitting time check the system. lie argued that the Teo-
luton would not he equa and uniform VI operation on the
ground that who pays on his business o. pToes
Onal pursuits and pays tax upon ms properly is dorby and
the have capital Of $40 600 They pay the State and
Municipality license and tax on Their pfoneTy SOS Gut
if they invest their capital in buildings estate, which
general equally profitable the mercantile pursuits,
their is bat per cent. and only amounts to $lVO
thoe who paid beoreth Isl February and charge those
who have not paid then per cent interest to ms mind va:
Of lhe rich for while the rich could pay promptly the
only required time indulgence. IN feaLOn 70 me re-
dUctOu he deemed proper from 70 three quarters OF one
Gems his was based he regular increase
OF the from other than direct taxation, every
ear NJ to the present time
We compelled shor the synopsis of the debate
MI Marks continued his remarks for time longer Nj
Peters replied and in his re0udar remarked that Mr. Marks
OF his remarks spoke the LoCO-FOcoS dad some
time ago But be (Mr Y got used 10 that Nj Marks re
tOred by saying that he did not INTO The Council as
political machine He there TO discharge his duty con
enOUsiy, and follow the beck OF any His
political opinions known this community, and he
believed they would compare with those Oi the gentleman
who sought to establish parallel between him and others
lie represented democratic constituency and he dld NOT
The Council partisan. but 10 do best he could
for the interest Of the people OF the Fourth Ward and OF the
whole Municipality Mr.. Pete declared the whole thing
Joke his part and disCiamed any intention OF
speaking disrepecluy either of the democratic party the
gent eHan from the Fourth Ward
The being taken the resolution It adopted,
follows HVeSMessrS. BuiItt, Barnes Graham. Godingi
Hail, LsndS Peters, MOntayue, RenShaw- smith, and
StOckUn-l .AGCS-HessrS. Gleason, Marks, Ihacker-S
4 petition from property and residents near the
New Canal, praying that the Canal Company be required
comply with charter aud construct bridges the
Canal where inerseced By streets cOssng it.
teue to the Committee Streets and Landings On mo-
ton Of Mr. GOldng, that committee instructed TO en-
quIe into the expedenCy OF paving fhaha street and ITS
combinations.
The resignation of John B. Foster as WhaDrcr was re-
ceived ana accepted The Council resolved 10 90 INTO the
election of his successor at the next meeting.
Mr. Cooling presented resolutions, providing for the
laying Of the banqucte and paving th5 streets around the
market Dyade street. That in relation TO the ban
quete adopted, agd the other referred 10 the Com
mtee Streets and Landings. The Council adjourned