Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-06-28
MORE OF KNOW NOTHING BJLE-CRBDITQ OF

MORE OF KNOW NOTHING BBLELCRBDIT OF
THE CITY-INCREAsE OF TAXES.
In the Banners report Of the proceedings Of the
City Council, at the meeting on the 1lth inst ap-
pears the following:
Aid Fogg said it would be madness to talk Of
embarkiug in any new improvements in the present
state of the city finances He could inform the
Board that they had TO pay by the first OF JanuaTy
1858, hundred M0lDaH3 dollars and where II was
20 from ne could not tell. The taxes We're al
ready high, and the credit Of the corporation was
not the best
90 The Mayor corroborated the last remark by
stating that order which he had sent to St. Louis
for twenty tons Of pig lead for the water-wOrks had
been returned without the lead parties refusing to
senon the citys credit"
This statement Of the credit of the city, unwit-
tingly made no doubt, has caused little inquiry
as to how this state Of things brought about
According to tho statement Of a leading Alderman
corroborated by the Mayor, who ought to know, the
city had been reduced, under Know Nothing rule to
almost bankruptcy Indeed that deplorable oondi-
ton would seem to have been starring our city
fathers full in the face when this confession was
wrung from them.
In this emergency it seems to have been felt that
something must be done to remove this odium from
the city,ssRd to sustain the party in power. Ac-
cordingiy. we find the following in the Banners re-
port Of the proceedings of the City Council on
Thursday last:
AID. Fogg stated that he had in his hands a report
but before reading it, he wished to state thathls re-
marks at the last meeting Of the Board had been
misunderstood. In those remarks he intended to
impress upon the members Of the Board the impor-
lance Of not making any new approprauons-not
that the corporation was unable to pay her debts
His object was merely to urge an economical admls-
traton Of affairs as 1t is well known that the cor
poration is in good credit. The remarks Of the
Mayor in relation othe purchase Of lead in St Lou
Is had alss been misunderstood; Internationally,
no doubt but still the report conveyed wrong I'M
preston. He explained the matter fully, and show
ed the credit and character Of the corporation to be
in good standing
AID Fogg called up the bill to levy taxes for the
wear 1857. The bill increases the rate Of taxes on
real estate and personalproperty from $40 to ST.
30 on the thousand, and % per cent. on the water
fax, and became law-the reasons for the increase
being entirely Satisfactory to the Board
Our readers are now in possession Of the only ex-
PLANTATION we have seen as to why the credit Of the
city is "not the best, -" and ehy " an order which
had been sent to ST. Louis for twenty tons of pig
lead for the water-works had been returned without
the lead parties refusing to sell the ctys ere
dit" It is certainly the Largest attempt at an ez-
PLANTATION that an intelligent gentleman ever at
tempted, and has left the matter more 5goggea
than it was in the FIRST instance. Tie only point
which the taxpayer can understand about the af-
fair is, his taxes have been increased tuasgfrs per
cent That is the way our lnog nothing city fathers
repair the injury they have inflicted upon the credit
Of the city The questions naturally arises
Wither are we drifting?" and When viii this
cease 2"