New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-11-17

SrMNAkr-Reepi.-In Il the ports, compared with
G 90 bales decrease France increase other ossu
ports. 1000. Total increase in exports $4,000
We have been furnished with the following report Of
the meeting of the holders of the bonds of the City OF
Milwaukee, held in this city on Monday:
A meeting of Bondholders Of the "City Of Nil
yaukee" was held at the Office of Messrs. Mann a.
ROdman, No. 50 Wall street, on MONDAY, tne ltn
inst. 80,
The bondbolders were fully represented, and tho
meeting was organized by appointing Watts Sherman,
esg., Chairman, and ). Draper, esq., Secretary.
Mr Draper stated that he bad visited the city Of Mil
wankee as the representative of various bondhoders,
ard had an interview with the Mayor Of the city, who
upon being advised of the object of Mr.. DIS visit met
his inquiries With prompness and rankness, and took
immediate steps arepresentaton Of the City
Government as well the taxpayers OF the city, 70
consider the demand made by the bondholders. Mr..
Draper stated that she disposition evinced was highly
honorable to the parties representing the city and he
was convinced that every effort on the part oil the a-
thores would be- made meet reasonable deusnd Of tho
cys creditors The condition OF the country was povnk
credit would be required perform their duty to the city snd
resumption Of the payment Of the interest on the
had ayaed themselves Of the issue without completing their
enterprise such action would be taken By the Guy a. would pro-
vide o early resumption and payment Of the oohsAono
Nj Abiah Mann IT, stated to the meeting that behalf or
Considerable amount had also visited Milwaukee Fsbrs
y last and had an interview with the Mayor aud other oeai
and highly esteemed gentlemen In regard to what might be ez-
pected by the parties la interest. a..
They stated uniformly that under circumstances WOULD
their city rspadaie their obisaonshst they had derived The
advantages and benefits Of the they had borrowed b ns
not only their city but OF the Stale also which
possessed the railroads and OF ntercoinunaiop
created % s S ,sep Oop"on Which, had been
a was Increasing BY the facilities thus procured bnt
tina, s fsvssons which occurred Fan
osI their interest, were greatly depressed arc tns psGss
bondhode would consent 10 defer tbs
Pssdaon, Of Their fertile soil need doubted thst
ample provision would Dc made TO pay 20 he esao sae "a
obtained value received for Their bonds ssy soSG no; - s.
acting IN good faith entertain the ldsa o. hs
ton their honest debts either IN theH individual OF
e'Se1ey .,. ..,i..,,ory bit would have bs.
st more sectoiy II appropriate action had followed
them Some svd.p PERSONS had raised ~
constitution had prohibited the Government from con-
tracing debt than oae hundred thousand dollar. rnosi
sars could do indirectly what they could nos
atSn 10 contract debt which the ooad not tsef
contract This point however h.s bean .Ssdiss,sd BY .ns
to The credit Of tho Judiciary o. that State;
confident growing city having large enterprsns Pop
uson would long remain under the cloud now e.ay npen
ere Dit Of IL citizens lnd ideally The eondhodsrs
VIII rely upon the good fs q me sssns y ,. s
o. tbe credit q government. and ng'aeip.llties
ora. n our mos, Wealthy and prc.peroas municipalities
long endured and he confident that SERIOUS esen ~
RSs S se TsSs s cSu ra~ I'd he'd thea is
and e generaiy
prepared In their determinations Every 0os-
which fails to perform IL own oozaicns aud ea,'
fail Of In compiling its zsos 70 perform tnes
therefore, the social political organization OF our cites
and maintaining, they must MAINTAIN ne1 o."
This The condition Of their exeoce,
their prosperity and progessther only sure hops OF s0e' or
der and public security.
M Lane 11ed preceding sssteent having sso WIS.,
tied NlE ankse with view 10 the oogeet
Mr. Dscoppe stated tina; hs bad just returned ron
and R.ye General outline the condition Of the srs. OF me
city the magnitude OF IA resources eonnhny fsy mo
who hse prrcedrd nun, toocnias tn
high tone and universal expresson in sof OF fesemp'h
payment al the earliest possible laon1eh -.
nony who had preceded him healthy ccne,
things Milwaukee, and he glad % hnn tn- ,nef
prospect and ffctoy arrangement 1ifhoot
the necessity Of zenz 70 the Courts -.
doeny communicated with the ssyor snf other oesiso %
M!x who ne bound 70 IA fstys ADMITTED the
duty the city ali is obaions rsey paid want
Of rrse abifyoxing 70 she enrr IA diversified condition
Western coaBfryvas then, and has nheto Oee inc
epoloxy offered of tbs 1ef.Als.
The tsey admitted the snerney Of thr.e
indulgence the present time. But thef
nov M that and eiecyr action should be taken
xoud have bsea Sasscfory 70 him II the Common
Council q Milwaukee hsdlong scs manifested. By public
action desire the dcredl which has fallen
her By Promps and hohosbls sc0n Il sin In hcr
power the city her lst credit and rs eon
dsnee In fuaEe in Der pIiEhted fsth-
BIZ Mann offered TIE following reosutions whch wers
aously passed The ofdsredt be 2abis-ds
kssored, That the bondhcdeEs Of the bonds o. tns
Aiw 10 view Of she returning pfoepery Ok ea.3
the Western State. geBersy have eophden
thu people and the municipal autheries 81 ssaa ~
early and efecfus measures for the payment 81 ''
ReireS Thai Comofrp of be appointed % me char
70 confeE with The sty sn.hee and Ge upon saen asa~s