Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-11-12
Suggss lon Ia Regard to the Washing Away
Of the Leyee.

Editors Appeal: I sse that some of the
distinguished citizens of Memphis and
ST. Louis met in the Mayors office Last
week to devise some plan TO raise money
to stop the levee ron washing away, and
afteriong deliberaIion they recommended
the city 70 issue $500, 600 of her bonds, and
pledge the wharf receipts te pay the in
terest on said bonds. The above plan
would saddle n debt on the city that she
couldn't wipe out in twenty years. The
more bonds we issue the lower our credit
sinks. Count the loss on the sale Of our
bonds aud the interest ON s500,0OO for
twenty or thirty years, and you can have
some idea what the proposed work will
cost the CITY. II would tie up our wharf
receipts until the last dollar OF this large
debt is paid. The interest on this debt for
two years would pay for all the work ne
cessary to be done TO protect u leyee.
The wharf receipts for two wears will pay
the cost Of the work. In place of pledg-
ing the wharf receipts TO pay the inter-
est on this large bonded debt,
pledge them to pay for the Improvement
Of the wharf. In two years the wharf re-
ceipts would pay all expenses Of protect
ing tho levee. 1t is now too late to COM
m0ncs the work. The upper rivers will
soon freeze up, and nothing can be done
before MAY or June. Let the city appro-
Pirate her wharf receipts to the protection
of the landing. and against spring she
will rave a fund of thirty Thousand dol
lars to commence the work, and when the
work is completed the wharf receipts
would be sufficient to pay for the entire
work. Why give this fund away in the
shape OF interest for twenty or thirty
wears, when if applied to the payment of
the work, in two wears she could have the
wharf receipts again flowing into her
treasury, and if the work proved a failure,
the city would not be in debt $500, 900 for
the experiment. "A Thirty-six Years
Resident " saws It will cost more than
four times the worth Of all the property
in the bottom 10 protect it from washing
away, and he winds up his views on the
subject by saying the city had better pay
for all the property on the bar than at
tempt what he believes all the money
that can be raised cannot stop.
When I saw this communication In the
APPEAL, it reminded NE of the FIRST man
that Iectured in Cincinnati on the practi-
cabiIity of running steam wagon over
this country. l remember he was de-
nOunced as a humbug or 4 lunatic by all
he knowing ones that heard his lecture.
To talk of running railroads over this
billy country was too absurd for wise men
to swallow, or a sane mar 10 advocate.
Yet it has been fifty years since that lee
ture was delivered, and | have lived to see
the steam wagons cross the Rocky Noun
taiss; and should "a Thirty-six Years
Resident" i've thirty six years longer he
will see mightier workShccnmplished than
stopping the Mississippi river from wash
ing away our levee; and he will see there
is nothing impossible with Young Ameri-
ca. The changing OF the mississippi
rivers current, and the protection of her
banks is no longer a dOubtful experiment.
Cairo, st. Louis and s.. 10 all have sue
ceeded in protecting their banks.
FORTY YEARS On THE RIVER.
Pro AND CoN.-John Donovan street. on
the Rose of Upton, and the ROSE of Tip
ton hedty on Donovan's Record. for sale
At Joe LOeke's newsstand, &5B19 Main
street,
MISSES and ladies' kid gloves, war
ranted to wear or taken hack.
HERZOG 4 BRO.
THINK OF Iri-S5 for an Arabi-New
Store, 29s Main street.
Now is the time to subscribe for the
APPEAL. Only twenty-five cents a week.
CLoAKs and Shswls at
HERZOGS.
THB APPEAL is delivered by daylight,