New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-02-26
Oily Tn.c.-sInking Ennd.

To "A. Editor o"Tis 'Tfibvne.
s,r-I notice in The Tribune Of Monday com.
uurcston from y Dean, E,q upou the subject Of the
s,okips Furd aud the Mayors recent Message with
s.r,noe 70 H. Mr. Dean sRu,s 'ery vel for one Size Of
An. eue.ton tut leaves the other entirely oot OF
ma. his ,ophsus calculated Cd produce enron
cons pressou. pSrmit 60 correct them and 90 pre-
cent he as strikes me, and AZ 70 must suke every
tsx-psyei. s...,
rat cur citizens arc complaining fievous'y al orcf-
taxation. sad surely any measure which could hoo ay
tend O. diminish that burden ought tc received with the
hearty concurrence of every citizen II s vel known
MAJ the revenues of the cry from almos every source
are pledged 20 the sinking untsrch IS sss OF resi ss
tate b-onsng O. che Cry, mnrse auo wharf rents ce' e
fees Ac amounting 20 anolt ey"'V' annually The
iuter.r.nce ~th these reveuucs Ga the contrary h-
ancy expressed ms ccfe % see ttai pledge kspi bee
sioaie But view which ciuzens, 90 some
times members O. tte Common Council. lose tifht oi
suppose desIWl. cd 70 enlarge make. ils afeu-
nsnt Used that n $1,000 is expended io hat purpose
the reuts 20 be corrected if'h tr frFcnrl wa fa5
ID per AMI The money is, therefore, wei inFrtec
ard with them hohos Me pofcnisro' "ncn, i..I.to OF
ksna canoe led kept ard the CitY pays fntee cu
them In tnis manner fhey actually pay 6fuhe intaefi
-use On ne money wtich they Aa,e 'ofio~ss 70 's.
an >rovement aud then upon ODE bonos POI chase' "
he rent. whatever they mas be- dsnYfa ifon t-e -
proveuent o, The CnN hlir"s money 20 ASrp
streets ia repsir upon which % pays Interest me r
c-u,e money for stases, omnu l-,hs &c goes lnl
he siusing Funds used % rui chssr bones on hch
interest is psid the ssmf ss u n ne hands 81 o'htr
,a-,ies end thus again double interest is vaid.
But some insist The real estate q ne ty ehcuu Dr.
cold 90 ~ 20 reduce the City teXes Nucn, Not
GOT BE- equence. 90 ever dollar real 1rN ron such
.Aas = oIacel fhe sinking fund NO person OF 4uoi
fessonrg fa.rlties viii deny tnat ny keeping rnf f
,nss and ravins interest 90 ourselves Up ilru Do
o,inrir. 81 VIII be sooner eNnfushec but TIE gees
fIoo re srses vhe her the citizen should fs as ifo
annually 90 Keep up thase impro .enens ana 10 pay h
boe ot the Cfotoa debt OF leave portion io7 oo 81,
4, .ffsr wears viii ne same benefit as orse ~ g
rot without havne paid anything iort Sneg 10 e th'
svspues OF the Cts are reid reguary into te r1tn
Trnd % i not o. ak tha nty should Pc crntei
9Th those instead a rec ginr TIE Cry o. leF inieits
90 their ogn revenues, while bcnaly oeNrt TO DeAf
from them Agsiniti1 urtrge that tAe reFste oI pc!
cation of them are snplcd o. the psyrent Oi oeh4 o.
Gently contracted The Cry within lew care nhs ~
enfed iorgs sums for he erection OF Aims eI
Sc Buiiainfs Luna'Ic Asyuas, &c say az O' ,
80 ths b. paid by taxation UPON or ctke's g
In sach 90 that tbs Wllie VIII D' H4"i'1N 10 '
course Of . few years ,. -, -
The real question b. this end strikes me that The ay
~ has taken Vcry proper view o' ilr matter ann o
measure il one frr which every taxreyer sncud mans
i'm q usop.c have expended large sums i1r vatlon
frnorovs rnenf 80 o. 90 insure revenue from hem
slnkrp Furd 10 shout p 600 N'I With th.s money ih
bonds Tor r1oaey borrowed make these improvement
ard unon which interest be- paid have been farcha-
Should they Be cancelled. or shpua me ckcts n
sed on 10 "a, interest the bonds purchased WIN ine
GU, money Nv one mode. the citizens are called on
IN. rnorey they have borrowed 20 make Improvement
rr thai - eoara'e Of taxation but 20 pay litcff
on the revenues arising from the'e improvement i)
which they continue 10 rsy interest
The measures pr0posed by me mayor VII i-oue7 N
t.s.s 5000 and this too without Interfering with o
siroinishins BY one d0iR the original revenues actpa
sams A lsw a TANPAItR