The sun. [volume] (New York [N.Y.]) 1833-1916, 1865-01-10

Revenue Bonds Of 1854. ............. 100000 % |
Tal..a................. sS0OL 500 90 |
III Debt red,cmaAy from assess,aen.s:
Street Improvement Fund Bonds. Sl,292,lO no |
Assessment Bonds 100000 90 |
To,al. sl.Gg2,lD w |
RrcMTTuLAiIoN
Funded debt less 'mOunt he Il by
Comm ssoucrs OF uklng Fund. Sl2.-lI.3ti 10 |
Funded debt payable from taxation, s,gobslN ~
Funded dnht assessments. .......... i,g92, 100 W
Excluding tie asst amount, the actual
dcht ~ the city on the 3ist Deem
Ter, 1854, may he taken at ...... q, 122,1t5 %
The funded debt Of tho County AZ the same time,
was 40 sOi,qOe, yc.v large portion N which has
been con traciei ~ supply me,u4 Tor the payment
u hounuts 70 volunteer and substitutes Against
the aggregate debt OF C.ty and County, amounting
10 about tfirtv-two aud q halt millions. the city
Possesses the Crot"n Aqueduct aud reservoirs the
Central auh other parks hundreds ~ lots and edl-
fees, markets aud sites Of markcts, beside the
wh.ryo' sai shore Inc, worth. at the least valus-
'iun, from forty to hfty millions OF dollars while
DIE cuuntr holds no inconsdorihle property
II will he perceived inst the war h~s causel a
'a-.c increase, 9TH IN The Cay and Coun'y debt
4 became necessary 20 provide al Tor the families
o. soldiers IN The Federal s,rycc, and over Jour
millions have been disiursed out Of thc proceeds
eff Ionic authorized h. lie issued for that purpose,
durur the continuance 4 the war, and T. he re-
DEEMED r.. The procce Il OF taxation, at the rate
| OF half million in each 81 cesslve year NJ
p.nqe connected with the war will hc moro cheer
fully borne than tins, which slleviates the suffer-
in-7 Il sttuto families, whose natural protectors
| ar absent and unNclr ~ provide ior tue wants
their labor supplied under more happy circum.
| stances,
| TANI,
| The Comptroller will present now or very short.
| y, 60 your honorable body an estimate Of the APP
| TroNmate amounts, necessary 10 support the City
| Government during the current wear, based On re-
turns Re- cyed nom the various branches " it, adj
mini,Iiton and tie public bodies supported from
.lak.,..
| brought down o. the lowest sum, and IN doing SOL
| enera the hope, both for the honor Of the city
aud n ss'isis ton Of the cit 7ens generally, that
IN place " Disagreement, between the two branches
| Mayor from any participation I'm this important
measure, II Will he presented TO the Legislature AZ
the act - the Corp ration, not A the dscorisut
ami opTos NJ opinions OF OoIes- apparently go in
tent o sulseryluC private interests 10 hc unable
4, agree. A want q harmony in the Common
! Council IN the settlement 81 the items ot tho Tax
Lew, not only lustines, hut really coupes the
IegiH1turo to intcrpogc and determine the amounts
t. ho raised for each specific object Of municipal
Ieudilure. would also respectfully recommend
Irat the Common Council afford q fair aud reason.
able opportunity for cih2eus to present their
views on this suhiecl aul then after thorough,
open and ludcious scrutiny OF AL the itsms Of taxa
ton, apply TO the Leg stature for its sanction.
| Tho necessity which exists Tor the issue Of large
amounts Of Revenue Bonds during the year would
be ~ treat extent avoided u the tax books could
lie placed in the hands " the Receiver Of Taxes At
an earItf Jay Inc tunhiuef Aklhn OF the estimates
should be taken up as soon US possible, ami though
it's hardly 10 be expected that the Legislature will
depart from the custom, 80 prevalent in such bo.
lies, Of postpouing all important matters 10 the
closing DAYS of the session, We should Gu eayor ~
give NO prctoXt tor delay. 1t has been suggested
l TO bring the commencement of the hscal yeal
! nearer 10 the tine when the taxes Rrc received
than Mt present, THIS has ns Inconvenience, Auu
| am Of opinion that # the Assessment books wer,
prepared earlier, tAe Board u Supervisors NIGH
taAc measures 10 complete the levy soon after th'
. ! annual mreIug Tor that purpose. TINS though
| tue essential nnd peculiar Junction OF that Board
- Is purely matter " cOmputaIlvn founded on th'
data iurn,sJd ly tAc Assessors, aud tie eXpediI
a lux OF the clerics abOrs connected with the worI
g would save considerably IL tie interest PAID oil
10 revenue bonds
20 Justice demands that tho various empoye
OF 'ne Corporation should receive an AIDE
= qu.to compensation tor their services, In
~ burden Ut taxation falls with dispruportun
W. ate severity uu ITO class receiving hNei s@ls
fi"s. Tie paper money system, adopted a. thu
= financial rJHcs of tie Federal Governments involve
a. no VH consequences, Tut those depending off
ullnrcs are most Altered. II Is difficult TO PROVE
To- i.r p-y ucni with reference T. any other standAr
. than ,"c variable one, which forms tue geuors
W currency, u which tlu taxes are collected aud eN
- pcnb,turcs vt al do.gi ltIons discharged.
Although portion Of the management ~ h
!" streets from IT, connection with the distribute
J. oi wAter and building Of sewers devolycs on IN
% AQuciut Board, tie Street Department control
AZ tue larger IaIc NJ tie public works aud improve
T., ments OF the city The regulating, gradins an
n9--lht OF Ile streets tne care OF the puble PARK
" and a'cs Win the exception of the Central Par
d" aud AaJhattan Square adjacent, the Citing Of IT,
.' cty, the tepa rins Of tue whsryea sud dredging
~ slips tn building and PREPARATION OF public edhce
'' tue -lrrv spu 40, Dr1 apparatus aud the furnish
~ lng OF supplies ~ tue ci,y Offices, remain Va 81
~ street Department. H." annual cost, exclusive
u io,a Improvements, Involves an expense Of aboJ
u million aui hall
A.. luc .rpsrAus OF the Fire Department IL unds
~ tLv SUPERVISION OF tle street Commissioner, /,
US ey.-yr Va. lEe numerous houses tor rs scCOmm,
- da.'on " city IA the world possesses u MOI
a. complete nre or "A. 1atiuu in the number Of er
10 -.Ac' &c ,ieeLveness Of the recently introduce
iA s.eaa machines, the topious supply OF wafer
~ tie SAL 'At army o! volunteers who direct thei
i- means Tor thr Preservation u property. No ol
appreciate more hi hly than myself the generosii
!" a4d IllLt splrIt u. our Lremeu, aud nothing ca
ttlcr tho gor u, cords O! their past history
oi ul Of instances 81 heroic daring and unsolhsh toi
ne Many u H II ends All OF opinion shat the sy5te
o. So ANNUALLY adapted 10 a snll city ~ no1s lite
ls 10 tuuiru polis, .II that economy w1ll u
~ urN zach. lcr!, VIII upel a change. NJ Que wi
o. citing I" the Oh Iasu. auOus mJrs hrm'y q IN m
pee sell, OF surrender thcM with more reluctance ~
d LptaluF luI tue welfare o. the city, aud espccisi
OF tuas class whence our tlemen arc rccruite
TX. would reconcile me TO tue adoption OF new ideos,
c. TIE Common Council OF last year appropriate
nd Hamilton square parade ground ior the FIR
Vi pivsen, IwoG.G suggest tns PEoPTiety y! &