The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-12-15

aboutto expire, application has been made, or 10
about to be made, TO the Common Council for
renewal of il for years, from the first day Of May
next The rent which the company at present pay
for the privileges which they enjoy, on both sides
Of the river, is thirty thousand five hundred dollars
a year, which they think is too large q sum to be
fixed for the future Instead Of paying thi, amount,
the company say they are willing that the surplus
income over and above ten per cent, shall be paid
into The treasury of the city of New York. If the
Common Council. however, should not entertain
this proposition, the company say they are willing
TO pay the present rate or any reasonable sum- for
the ferry privileges. II the former plan should be
adopted, the company agree that the Chairman ofthe
Ferry Committees of the two Boards of Aldermen
shall be exofficio members of the board of manage
ment of the ferries, in ORDER suppose, that those
gentlemen may see that the city treasury shall
ceive the surplus of receipts, after deducting
ten per cent the capital stock, which, it is said
is not more than enough to repay the revision of
ferries so extensive.
At first sight, this would appear TO be very fair
offer on he part Of the Fulton Ferry Company; but
with our consent the Common Council shall not
grant renewal of the company's lease on any
such terms. The income al this ferry is every
knows, enormously great, ard we have no doubt
that if the receipts and above ten per cent
the stock invested paid into the city treasury,
they would amount to q very handsome fund.
We have faith, however, in corporations full
filling their engage ments, they avoid doing
Corporations, lis SAID have souls; they can COM
nit acts with impunity which would Danish indivi-
duals from society. Corporations, however, can do
ything. five were certain that the designated
surplus would be honestly paid int the city trea-
sury, we would have objection to q renewal of
this lease on the terms proposed; but are per-
feetly satisfied that, even if the chairnen OF the
Ferry Committees were made eI-o6Icio managers
of the company, the city treasury would not get a
single Dc liar, or, If it got any at all, the sum
would not amount TO one half or one.iourth part
Of the rent which the company now pays. The
company would, no doubt, find method of di-
vertipg The funds TO some other purpose thar
would inure 70 their benefit rather than pay so
much into the city treasury, Notwithstanding the
very great watch which, we are sure, the chair
man ofthe Ferry Committees of the Common Coun-
Gil would keep on the accounts of the company
Notwithstanding the grave charges of bribery and
corruption that were, on former occa sion, made
| against the Common Council, in consection with
the lease Of the Willismsburgh ferry, and which,
by the way, have not been refu,ed to this day,
,n away ha'e oeen' ahu' no
49, WIN D, nou.S =, ihes,'y anu
-. 10, -, wv " 'housa"u
ny ,co4'' VI INC ,.iP co"f
49, - c 1' an .Vu'u ho' see
g. ~ 'A'aen "ou'u
~ -, D. Du'neu
o,hsr nan ..a ii, 80, ,,a;.,,:s,,.. Ia ~
-, 49, a. -, - :. ,uueeu'
-, 80 ~ e., ,s.a 1He .'y
- -. W.
80, - -. e., ,n,'',1:'l S%
.,,rao,1;nar, o.o,,,....s. ~, 80
,h;s Cd -, ,,,. a,,u..s. - 49,
Ths h.., ,,av ho.,.u., as -. -, -
can, n;nos "a 90 :, 80. a,,~ 80, -
md .x,,sn,.I, h. or.hi. - r,
from, ,he s,,s,,;o;ons ,.,h;oh L., ..S 'IoaN,-
attach % ,hsn - .ons.ou.. 80 ,1N.
ors oo;n.;I.n.a. = 80 -.
,n, .u.h !" ~. - .. >, " w ~"
,,r;oh ~. IL. -. % % mot
into with the common Councii.-
But badinsge aside, any person who has watched
the course of events in this CITY for the las, fifteen
or twenty years, cannot but be convinced tina,
there has been vast deal of swindling corruption
and rascality pIactised in the way of getting
contracts and making agreements with the city
government and in no instance has il been
more apparent than in ferry contracts. The city
has Loot, over and again, by such means as are
now attempted by the Brooklyn Ferry Com
pany. The question arises, what other system
can be adopted by which the interests of the
city will be protected The answer is simple
and ready. Let all contracts to which the city
government are a party, be advertised in the pub
lie newspapers, and disposed of TO the hiQhes, bid.
der at auction Lei all our ferry privileges be dis.
POSED of in this manner, and we shall hear less
Of corruption than we now hear, and have
less of the real thing. The contract between
IN. c,v ,ov.rnm.r, .,a ~. old a.. oor,u.nv
80, ' o '-e ". SOS s''Fy
VIII expire IN a year or TWO, and that, TOO, should
be diepoeed of nj public auction. That COMPANY