New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1852-11-13

should re.invest their profits for one or two years
Their course Of conduct 10 suicidal to their
interests that your committee, did they not know
the parties who advocate it, would ascribe it to
q lack Of common sense. They have an engine
capable of supplying seven or eight millions of
gallons of water per day, while, with the great
est possible waste, the present consumption with.
fort five miles Of pipe, is hardly four millions.
Your committee would refer you to an appropri-
alton for sinking an Artesian we'll, which, though
yet doubtful experiment, has been considered
worldly Of trial. Even surprising it should sue
coed, what could be the advantages derived from
them in comparison with the purchase Of the Wat
er- works, which, at the outset, is not an expert
ment to be tried, but q certainty within our
grasp We have river in front Of us, with
always large body Of water confined within its
banks-ln fact never failing supply Of Us good
water as any community on earth are blessed
with-an engine already up, capable of throw
ing seven to eight millions Of gallons of water
per day, over forty-fve miles Of pipe laid, sup
plying the citizens with nearly four millions Of
gallons per day, and which can be increased to
double that amount If the sinking of Artesian
wells is found to be practicable you must lay pipe
to carry the water through the city, and there
you interfere with the chartered rights Of the
Commercial Bank. Hence, your committee look
upon IN appropriation to sink Artesian wells as
= Sre W so,eioe' ''i.. NY cnSehgeu
ing the city with water.
Thirdly. As to health, your committee think
u unnecessary to say anything. Inc simple
knoWieuge that we couio nave sweet cream wafer
running through our streets during the hot and
sultry uays OF midsummer, ana an ample sup
Ply to keep them and our cutters clean during
all seasons OF the year, IS sufhclent, your COM
mlttee thlnk, TO make any one IN our commu-
nifty acknowledge the great benefit this purchase
would be, IN a sanitary point OF view MI
Your committee have elsewhere spoken Of the
certainty of lower rates Of insurance. 1t is but
common sense to suppose that underwriters are
governed in their rates by the risk they run in
milking loss, and, therefore, less the risk
the cheaper they underwrite. Your committee
think that they have proved,
/. That the purchase Of the Water-works is
good investment for the city.
2. That it is the only certain mode of sup
plying our citizens with water
8. That it will not only be conducive to
health, but will reduce the rate of insurance
and add to the protection Of life and property,
| in case Of fire.
We leave the subject in the hands of the Com
mon Council, with the hope that the labors of
your committee will not be in vain. The citi-
zens have the same right to expect supply of
water from the city, as they have to expect
| lighted and paved streets and police to pro-
tention it demands at the hands Of the Common
Council, the citizens will not long complain of
the want Of water. se g
Should the Board Of Aldermen deem it advis-
able to proceed further IN the plan, your COM
mittee proposing to purchase the Commercial
Bank charter and assets, your committee would
recommend that o joint committee be appointed
by the Common Council, to fix on the price to
De paid, the terms Of payment, and settle def
nltely the plan by which the Commercial Bank
cnarteT ana assets should be transferred to the
CITY; Your committee ask SO otter the annexed
resolution. J. A. BURKE, Chm
GEORGE CLARK,
:. J. LuGENBuHL,
EDW. ". SEWELL
hesolveu, lnae comml11ee OF iouf members
trict, be appointed by the President to meet
similar committee on the part Of the Board of
Assistant Aldermen, to report to the Common
Council the price at which the Commercial
Bank charter and assets can be purchased by
this corporation, the terms of payment, and the
plon hv which said Rank chartnv and