Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1869-03-13

SAVAGE ASSAULT uPoX MARSHAL KArrr-
nAN.-Thos Clary, who has figured in
several robbsries 81 d assaults in the city
during tho past year. and been let oil
easily, met Marshal Kaufman on Front
street, between Brady and Main, to day at
noon, and without any cause other than
spite for being arrested, made several
threa's to take the Marshal's LIE, and du-
ring the talk attempted to put his threats
into execution. lie is . most desperate
character, but found that the
Marshal could defend himself as we'll
as any other man. Five or six
rounds were bad, and and At each one Clary
como out second best, until he was st last
overpowsred and taken to jail. When ies
perate characters attack our city officers
for executing the laws. it is tina I cy were
put bey ond the reach Of dvng violence.
OAxrrs Prof Moses Colt Tyler Of the
Michigan University, will deliver the 9th
lecture 81 the cour.e before tho Davenport
Library Association, Tuesday evening the
10th inst, at me Buris y ERA House
Prof Tyler dt.irs d his lecture, entitled
"Castesh to u verv crowded house IL Du.
buque recently, and the Correspon ding
Secretary ofthe Duhu,ue Young Mems
Literary Association says il vas the finest
lecture OF the course He will deliver tn,
SAM lecture hero. He is one OF ths most
accomplished young men Of our day. Oar
lecture going people VIII enjoy arars treat
in this 10 ,turc, ard none OF then should
miss OF hearing. 1t will be particularly
interesting to those who have given the
subject any attention, aui will be iAstruo-
tive to all Of our young people. They will
therefore see to it that he has = full house,
as the lecture certainty is deserving oft.
TAE CRY DEsr.--That our readers may
fully comprehend the present status Of our
city debt, and what il is proposed to do.
no give the following synopsis:
In 1853 the Railroad debt was cre,ted
BY tho issue Of So. 900 worth Of bonds to
the old NJ. L NJ. Railroad. The interest on
these bonds for 6se years would mako this
whole debt about $4,000. With this the
Debt Commissioners have nothing to do in
the compromise that it 10 proposed to make
L. -. Il Ill H. ~, u =
ascertaining the names Of holders of the
bonds Issued in 1856 aud 1857, for street
and other municipal Improvements, the
6rst being an issu. Of t59. 900 worth, and
the second tll7.bOo. mskiag . total
amount Of tl76.S0o. In this they have
been sueees sful, and found thc N all str ,ig h,
and correct. On these bonds there il an
accunulated interest Of <l4l 900, making
n sevud numbers $8lT 500, or. counting
interest on coupons. and what would be
the facs Of judgment, II the credissrs
should obtain ons-and this whole debt
ieots up 10 t3Ss. 900. ITO illustrate further
let us take Que e5o0 bond. The coupons
for eight years amount to t4o0, which
makes the simple debt iep, esented BY this
bond Just 5000. For this the creditors will
take 800, in six per cent. twenty yea,
bonds, IL ths settlement BE- made now. II
. settlement bs deferred, and . judgment
- esssinsd. witch can be done
by applyiog to any ceurt having
Jurisdiction. the bond will then
call for the following: Face, $500, cou-
pens t400, interest on coaposs overdue,
tl2e. mskisg 81 .026, which will commence
70 draw 7 per cent. from the date Of said
Judgment : aud this will b. the result With
the entire debt unless . settlement be made
now. None viii question but that judg-
msnts can b. obtained on al these bends
and coupons, and the recent experience o
The City Council iu the Howard and L,
Csats cases, At the last tern Of court. .ough'
u convince the most sksptical that such
IjudRusnts will have 10 Be paid.
| The coonissiesers have investigated
the vhols matter, and reported to sh'
Council. nod the people now expect th'
C,uneil to Raish il. They srs elected fo'
just such duties, and should AXE the rs
sponsibility Of acting prouptly-it 10 I
matter of fpsying s247. 600 or tSsa 900 will
the taxpayers-a difference Of tl15, ,0o'
; would seem to call for decisive ac,ien in
> stead Of hesitation 10 aceomuodats . man
, itess desire to avoid the payment Of deb
that tho courts will ultimately force th
city to pay. Or perhaps, to state it stil
more closely. to accommodate these VII
would run With the hare ard hunt Wit
the hounds" fer fear Of iosins The Mayeral
y q aldssaanic henees.
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