The New York herald., 1865-01-10

on Of tho currency Of the country caused by the dis
turbed condition CT our public affairs tho Comptroller
recommends that all expenditures for purposes ndis
penssbly necessary should be avoided and that the
utmost economy b observed In the administration Of The
The closest scrutiny Of your honorable body invited
70 the foregoing n order that such reductions
may bc made a. will not be incompatible with tho public
interests.
All Of which is respectfully submitted.
MATTHEW T. BRENNAN, Comptroller
THE MAYORS MESSAGE.
Mayor Gunther sent in his annual Message which was
MAYos's osncx, NKw Yosx, Jan .. 1895.
To THE HONORABLE THE COMMON CouKclL:-
GnNTLRMENln accordance with the requirements Of tho
charter lay before your honorable body this communi
cation relative to the government finances and improve
Serious objections have been urged against the form Of
the city government and submit whether Ia not fun
proved the utility Of two Legislative bodies in the affairs
or States and nations municipal and private corporations
have succeeded best with single debcative body for
the despatch or business The functions and importance
of the Common Council have been year by year. abridged
and diminished and new corporations, as were under
original Frame until the larger portion Of the public in
terests OF tho city Is transacted by other agencies than
to this result but growing out OF the
division OF the Common Council are prominent among
them The feature Of single board gives efficiency 70
the county organization and has added to the import
that Of the city Legislature.
The powers OF the Mayor are practically very circum-
scribed The limited check he holds Improper egs
laton amounts TO nothing than the publication Of
his objections In the corporation newspapers 10 cause
few days delay and excite the contempt Of the members
who have determined to carry their measure In spite OK
his remonstranccs II 10 notorious that combinations
have existed for years In legislative bodies In this
city for the most shameful and mercenary ends that
selnshness could prompt corruption could carry out
should be armed with absolute veto to crush the pro-
ects Of private gan and render poweress and hopeless
the darkness and secresy q these speculative opsraonsi
The Mayor being singy responsible, would not dare TO op
pose just and wholesome measure passed by the Com.
one.
In notable particular the analogy between State
almost entire independence OF the heads Of departments
OF the control OF the Mayor. No unprejudlced mind
bic that the power Of removal should be placed in the
hands Of an ocer on the spot rather than In those Of
tho Governor whose varied duties scarcely enable
him to give timely attention TO charges Of corruption,
negligence or msconduct Tho result of the changes
made In thelcharer deprvins the Mayor Of this CONTROL
nuence In securing the tenure Of ONCE fortunate pos
sessc ID sufficient that the Mayor Is responsible for
what 60 70 be his urisdctisn over
suoorinates magistrate thu: stripped Of real autho-
70 BE- blamed a. tnecisns and
OF this very powerlessnoD
Inc Common Council soc tne nsyos a, tnc direct 70
Of al zasnority and control over It's municipal
afIAiu, snd t Is an evident anomaly 70 ind 80 many
who are irresponsible to the magistrates OF ts choice
Tho citizen OF New York may count numbers of such
ocias supported by his toll and disposns his inter-
ess In whose elevation he had participation who
not amenable 10 his representatives and alike ndf
ferent 70 his censurc or approval
The debt Of the city considering tho amount Of pro.
perty pledged for It's redemption, and tho ample rove
MUGS set apart for tho payment Of the interest," rests
as solid basis any public securities within tho imis
of the United Stafos The wealth, commerce. Industry
and natural advantages Of New York invite investments
and give complete assurance to its creditors
The city debt is divided into three claases:--
Fsra-That which In redeemsble from the Sinking
Fund.- consisting principally OF debts contracted for the
construction Of the Croton AqIeduct aud works
nectod Herewith and for the purchase Of lands and i'm
OF the Central Park In the property thus
quirod the city holds amount exceeding the debt
these two items being together ess than t2O 000 An
other Indebtedness Of 4s7 arose from the compro-
mise Of the title Of the sate lessee West wash
ington market and for the purchase Of the Fort Cause
WORT property.
econdiy-fhat portion OF the debt which 10 redsema-
bic from taxation and TO bc thence paid when each sepa
rnte ksue becomes due. Under this head tho largest
items the stocks Issued for funding the floating debt
OF tho city In ls60 and those Issued for The relief Of tho
soldicrs' faniliee
Thirdy-The bonds which have been issued 70 pay for
opening and improving streets, ard for the reimburse
ment OF which tho city holds liens the property
These hardly be considered In the light o. debls
the city holds ample security for the repayment
The following the amounts Of each class the