New-York daily tribune., 1857-09-30

Controller Flaggs report upon the financial con-
dtion of the city, printed in The TRIBUNE yester'
day. ought to arrest the attention. Of every thought
fol citizen. That the taxation for the present
year should reach the rate of moro than one and Q
half per cent. on all taxable values, and the
gross levy exceed eight millions Of dollars, are
facts alike disgraceful and alarming Ten years
sgo there was great Outcry at levy Of two and
half millions. The notorious "Forty Thieves Z"
of Ie5l-52 were iguOmlniOusly driven into exile
because they raised the figures to nearly three and
half millions. In 1853 the sham Democracy Of
Tammany Hall took full possession Of the City
Government there being but four or FIVE oppcsi.
tion members in both Boards. The consequence
was that the levy went up from $3,315,OOO
tom ore than $5,0000O0. This rather aston
ished the tai. payers, ard the pressure Of pub
lie opinion was so great that the "guar-
dans" of the treasury for time held up,
and the levy of 1854 was actually reduced to
$4,e4I, ,OOO Under the prestige of this seeming
reform, and By dint Of all sorts of promises to au
sorts of men, Fernando Wood was elected Mayor
by 20, OO3 votes to 1860 against him. How val
isntly he promised good government and reduced
expenses our readers we'll remember. The Com
mon Council was against him, however, and TO
that fact be charged his alures-fortunate failures
for the people. With the most perseverins efors
at economy he managed to increase taxation Just
one million dollars. In 1856 be got working
usjority in one Board Of the Common Council, BY
means of which he reformed the tax from
S5,S44, 600 up to 81, ,075,0Oo. In the whirlwind
of the last Presidential election Wood was again
elected (but in minority of 5000 votes), and
nearly three fourths Of each Board of the Common
Council were his sworn friends. The consequence
foots up thus: TAX levy for 1861, $5,066,.
SEC - /"
The expenses Of the City Government for the
present year present. no remarkable differences from
ls56. There is gradual increase from year to
year, nicely gauged to the highest point that is
supposed to be endurable. Day by day some new
eech fastens upon tie treasury-some political
shoulder hitter is provided for. Thus the agsre-
gate salaries, Notwithstanding the suspension Of
the pay Of the ComEo Council, haze marched up
from S23j 0U0 uuder Westervelt TO S40l 600 IN.
der Wood: Printing, from $4,000 10 $50. 000
Fire Deusrtuent from so, 900 to S96. .0o0: Inter.
est on borr, wed morey from S75OOo TO S343, 900.
AID mary eli sIler iteus IN like proportion. Add
to these fine pickir gs the suspended Lowber claim,
AID two or three other fat jobs Of tie Sort and tne
bos.t made b. city paoer year seo, that the
taxation would socn reach the magnificent sun
"of ten millions year by no meaLs ertrav-
aRspt
Our pernsnens debt is COW Sl5, 800, 900, Of
which two thirds ls wholly unprosided for. Three
milliobs must be paid IN the lss Of January. TEN.
porary debts swell the gro,s amount to S8 900 900,
on which amount the Controller paid interest on
the lie. of August. Additions 10 this debt are au-
ttorized for the Central Park tie Lew Reservoir.
aid new City Hall, which u az increase the whole
TO more than twenty millions; il view Of which
the Controller sa!s: TIE property holders of the
''c'y have the prospect before them Of an over
stsdowrg debt aid raIid incr.ass Of tie pres
'ett crushing taxation"
II is d ffcuIt to show in s1y ore department an
excess OF eXfravssaoce over others. The whole
Cit! GCverr meE: seems - be aernia.ssozoA Vs's
he fuirg design o. set.sg the creates! au,ount o'
norey f;Ou the pockets q .as people. With
evesS change tct .el ,.srs pssf Fe bavs oay 1's