New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-01-04
Total amount Of Funded Debt.

Tho n,ere., On the above stocks is paid from the Sink
ing Fund for paymsnt of interest on City Debt Ii Is
gratifying fact that the resources OF TINS iuhd are aug
suate for the payment OF said interest =, a., -.
II has been the practice heretofore to allow the e1pena
lures TO outrun the appropriations to an extent 30
10 become serious item in the tax OIL OF eacn succo
wear but trust that practice, fraught With sucn pern
cious tendencies will longer be encouraged oll gu
trey avoided The appropriations Tor eich year are
upon estimates furnished by the heads OF esh VI 'e
taItmtnis of the City Government and ought 20 90
exceeded except under circumstances OF peculiar e''
gency The annual expenses ofour CITY mo-" ose
of the four largest States in the Union including ouro"n
and thew have increased during the last lie" years 70
extent not warranted by the growth or resi- neces VI
the City 1t is in your power to prevent any
increase in the expenditures by RETAINING TO
authorizing work be done which is not eiy cael o
by the wants of the City, when the regular P"fn
is exhausted and which must be paid for oy speca apo
10 be added the taxes Of the succeeding year
can only invite your attention to these lnpbrtat nH
ters tie power regulate and control them Tor the oss
interests OF our constituents remains with you.
The subject of Railroads in cities has OF lae Htscted
much attention, not only in our own community pi Ia
nspy of sister cities and has been very
discussed as 10 render any extended on NY
unnecessary. This matter Is one OF such vital hseres' u
our CITY, deem my duty to bring ehclauy 70 your
notice and to offer suggestions which the apPTeh
tendency of the times to render proper on tn' DC
cssion. -. :; ,ha
Second Third Fourth Sixth and Eighth avenues ami 10
the Tenth avenue the Hudson River hsroad Uo s;t
has track which used only for their regular teiya
and passenger cars That the railroads for CITY ssei al
thoe avenues are generally esteemed a. great colvsn
fences can hardly be doubted and the number OF CITIZENS
dsy passing over them sufficiently sttess their utility anl
poIulsrty Wherever railroads have been lad 50 - "
,fe,a with lines of omnibuses they have generally A.
irseed the largest share of the trayel-the ease
ard pupcuality of the being almost nyanaoy pre-
ferred 10 the omnibus But these numeroa, tCsds
scarce suffice to accommodate the community AM ere
can be little doubt that public opinion Is tend s2oyy
10 favor their location wherever may Do desn'i Tea
sble II ...;., o,-,,,,n
highways they are the property OF the CITY, sni snsy
within your control as the representatives on Is
ants II i. alike your province and your duty 10 pods
every accommodation for the public in the way OF ave'
rbch csu be secured without seriously renehing on p
vse Ri hts and if public opinion shall den1na adaOoI,
railroad eonyeniences viii become your duty 70 suPy
them L,euiur however always in view the best Interests
Of The CIV and adherng with seruPaloq' ndety 70 me
PROVISIONS Of our charter The streets thea oeln
mon thorou ehfares any monopoly or exclusive Plsnss'
10 use them for any purpose by which i1divdls o. ~
cis,jon would be benented only besransd az 'ne
charter directs viz by sae 81 pubLc aa1uon, eLo,Ia
nriug honorable competition and this deem 70 De tIo
- rorrec prpcipIs for not ouy will the City Treasury
h. LARGELY benefited bot the ggestest amount Of Ploj a.
c.uuod o.. ID be provided. az the least eAPe' 70
hose IA whom IL 4 furnished.