The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1867-04-11
CITY FINANCES.

At, the last meeunS oI ClIy Couuon' 1AiooAi ii'"A4
RAyENE1, Chairman Of the Committee of Ways and
Means presented the following Report and Resolu-
tions, which were adopted:
The Committee of Ways and Means, in submit
ting to Council o bill amending the Ordinance for
raising supplies for the year 1867 respectfully ask
to state their reasons for so doing.
It is now eighteen months since the present
Council was inaaguated The task Of reconstruc-
ton OF municipal affairs was commenced with an
ed and Impoverished The first effort was to re-
store confidence and the city credit. The public
buildings were dilapidated, and rapidly falling into
decay for want Of immediate and necessary re-
pairs-the streets imperfectly and but partially
lighted, and in bad order, as well as the sidewalks
and gutters-tdal and other drains requiring
cleansing, and tho Health Department, impera-
lively demanding energetic measures, without re,
gard to cost-the Fire Department IN want OF
much, to render it as efficient as it had been and
police to be established for the protection of fifty
i've miles Of streets in Charleston proper-the
maintaining Of the charitable institutions Of the
city, which were filed with persons impoverished
and unable to support themselves These things
and much money.
The first important act ofyour administ alton was
to pass the Tax Bill to raise supplies for the year
1856. A large amount of these taxes was PAID IN
: city bills, which, although reducing the IN
debtedness of tho city, were unavalling to the
Treasury, as by law these bills could not be re,
issued, although b:und to receive them for all
dnes Of taxes, &C., to the CITY,. This, OF course,
curtailed the receipt OF available money; ana
although much pressed your Commtsee eould hGs h:,I
suggest to Council an increase OF tsxes to q bill
already considered. by many as onerous, and
perhaps with reason, but nevertheless lmpera-
uyely necessary. U1aer clIca"ssIiSee 1 ud " e% IN
Darrsssment your Coniiltsee asSeu fe, oIu oI of
money, which they accomplished OF q high
rate Of interest; but it could not be avoided,
as 1t was deemed e1pedlens 70 90 Inls Istnel M sl
tEe credltors OF tne cty, ana ~
ges Of interest due to the holders q CITY STOCKS STOCKS
and bonds, pressed heavhy on Oounen ano Rup1S R.3S
have it's earnest Council Therefore
assea Dl tg e siu onst ~
DC ionaea anu ae, aie sna - soy @ onA' 'oo0 -
tne I5si o. ar LOO, tS 1s' nq1 noynrUment we
the reesta6lshment Of tne .clty governmsenS, We
nea tne saIsiae!aa Oh Payng e 4uaf s Se: tn'o. s
t Ius od .s ~ 10y Un ta cSace resssn,eS
n1,r c;t}gems N and i1onsrti an avStv and value
I;t ~ .v6;ch nh ofher 'c.rnoratinn IN
ot,y j.eo a.,;olsea "1.on ~
W., s yr,a and firstly so NJ having set
ah n6oS G AZ a1amnl.u II WAS strong and imror-
tsI3 man;soatetfrm that we were determined
az o,,ce tn heni,, the WORK of reconstruction
that Conneii WAS urenature in paving it's inter-
estaSr this was fant It is certainly pardonab1e,
as it enabled many persons to meet pressing OBJ
ipatons and to provide for their immediate wants.
It caused the circulation Of money, and it's whole
some influence was yst throughout the city. 1t is
but Justice to our tax payers that We should here
state That to their sense Of proprety Justice is
Council indebted for the means with which they
schieyad 7tiis desirable end. They responded to
the cali on thsm for taxes, when thev lad but
that they snnportsd Council in it's efforts to fulfil
;ts ohlioatiops Wa ara hanpy to state that the i-
+oreot %ss an raid nrnnnfIy each sncceednr o11ar-
tar. amountinr il an to about three hundred
thansand ,dnIiS,ps - Ant unfortnnateIy. we have
had pressure on us, which, for the moment is dis
crTraa S aSino.F hrt we mrist nerve ourselves and
rar,ew orr '.:db our hour OF difficulty,
,ai,s, I az purpose and the support
m,,Sh snd oniv a3ter The axhanstng
~ s "ai,;et n Gonomittee
sstaS 11ncif anfhorize his Honor the
Ss. +ba, S; C;ty Trea anrer.,s to issue
certificates Of indebtedness to meet the last quar-
ss ~ c;tv aacnrit;as NJ anv way
Eguens =. s.S' - "-'
~ 5ai,t SO ~ Gf,, vo +bonsand dol.
VIII ueoo ~ y, nna snd bsis ner cent
rs as an mterest Oh one anu aan pt per Ie,te. 20
borrow more money On terms now currene, even Il
IL nso 9een possiD!e 70 oDta H. L. .ho ,,.,oo,
aee ~ y pesI ~ ssSo bot 1np the Good
w. po !.S,s1G ssts;n 1s ns
rSS11 L.. nco, 4ba&
p ~ oo 1es;ra :"
Council was aa.atea ny snasy & aaa "a s;b,e r.eslib "
maze tne pnrsnsn Q! taaaGoa aS nsn' as oot}
and extended tae nme OF na ts " t5a4 fSs
June neS ana snoua any 10 re
an % tn9 TUE " p:a a M,
was 70 % cnasge neba ~ faSt Gav ~
necessIes, WHEN .anI III .I' ~, al
gayment snya nssto +hoso ,1you;dad hv
sno)ects ol the ;nter
Law 70 sD1 pau Montn!, LIZ LIE ~no .ho,id
est' ane aA Mas noc SAI +hat o, .nrrenI
ge nHae " VIZ ,,.a. S1~, -,tt;s
1ne 1i! He ate apo1S w suoo f,pet S pybe tboee
~ On tnls SGunon 1tt joS - ~, hee -
tne t ulanolat III TsS. p M Uu "as .,sssed
eoe =. ~ aA IT ~. "1 @ ha mode ,ponev
cau",oodty W on a1d ;ts yaIne enhanced or
Sa,srassa5 oooo-3;na - Tho den,ands tnr ;t There
n c;+;eons ,1nst eynect to meet the change
a1,5 confo-,n out to tha resnIt effactei hv #
n r. ,oaH h ,s;d thot -ats ~ Sntarest hiober than
2 ~ son sS bar and y,,;nons r. tRnsa chi,
seven Per cene. 10 I3tu f1no tuaous w uose VII