The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-12-01
Brooklyn City News.
THE BROOKLYN COMMON COUNCIL. AND yHE WArln
COMMISSIONERS

The Water Committee of the Brooklyn Common Council
last night reported the communication presented by
the Mayor last week recommending the to consent
to the Water Commissioners advancing 500 900 worth
the bonds 10 the contractors and above the
in their hands reserved security fund.- TO enable
them to ride the difficulties OF the present financial
distress, and prevent large number OF laborers from
being discharged this winter The report OF IN
committee calls attention TO the fact that the city
had not lost cent by the hard times but ths
all the heavy sacrifices which must have been ma tn
had peen AZ ue expense OF The contractors. IN
hitherto proof that the had the utmost
sincerity Of intention with regard 10 the satisfactory com
pleton Of the work. The committee had had an inter-
view with the contractors and the Commiss and
from what they had learned satisfied that though
the contractors determined 70 the work Ia
any event and complete within the time allotted by
contract yet that large proportion of laborers would
have to be discharged for the present IL the advance
not made. Another consideration that the city had
yet three million dollars of bonds dispose and these
might be expected to depreciatc value If any obstacle
cast in the way Of the progress Of the works by dis
missing laborcrs anything else. II was for tho
interest Of the city also that the men should be con.
nucd work and thrown on the city FOR support Tho
contractors had yet received about s940 900 In bonds
leaving In the hands OF the Commissioners about sZ5 900
nearly one half Of the whole which was pro-
vded the reserved fund the entire contract II
500 900 advanced TO the contractors as suggested
the balance remaining in the hands Of the Commissioners
would still be in the proportion Of 20 per the
penditure hitherto incurred. II must be borne ia mind
add the Committee that the great difficulties ever attend
DE works of TINS magnitude have been surmounad. that
the character of the ground 10 be used well asccr
aned that the work ~ be completed been rcdnccd
10 mathematical calculation that the greater part a tho
work has been sub let and the materials for
and that Mcssrs Wells Co., having 20 pruee
cute the work with energy and ability under the
favorable circumstances would hardly their con-
tract in the present aspect Of monetary aairH the
lief asked for by them. While your commaee believe
that s the duty of your honorable body afford
adas with safety be given the tey would
recommend any interference with the Commissioners
In the discharge OF their duties but would them 70
act the matter In their might for
the adoption u the following resolution
Resolved That this Common Council hereby do consent
that the Water Commissioners may advance temporarily
Mesrs H. =. Wells Go. 800 600 in bonds out the
reserved fund now held security for the full and
faith u completion Of the said works provided
bonds are taken by said " g Wells Co n addition 10
the 81 800 900 10 bonds which they have agreed
receve and the said Commissioners OF the opinion
the interests of the city will be promoted thereby
discussion cnsued and finally the matter referred
TO the Law Committee 10 report next Monday cvesng
BpcoKtys MERCANTILE IIHpARy meeting OF the young
Of Brooklyn held last evening at the Athen@um,
for the purpose Of taking to establish Young
Mems Mercantile Library Association for BROOKLYN The
meeting presided over by J. r. Wallace, ESQ, and
several vice presidents placed on the list series
Of resolutions presented for the instruction OF the
committee whom had been referred the constitution of
the society, and, after much random discussion, veyo
adopted. The me citing then adjourned.