New-York tribune., 1869-01-14

The committee reported that the annual receipts Of
the hospital IAN snort OF us expenditures y over $x@O
and the interest on the purchase money Of the White
Plains farm Is 10 be provided The money necessary to
build Asylum for the Insane must also be found.
Without an income from It's capital with debt Of $780,
OOJ with yearly deficit OF about S3O,000 with demand
f several iuudeds of lousas 70 erect an Asypn for
the Insane, aud for from the physicians and
geOns, to establish new hospital, the financial condition
~ ms Rnard is certainly elabarrassug IL IL posbe
however, at the end OF five years, 10 obtain complete
% i az White PAM free from drt hani ', - pc no
income Of 500 O0O and conduct the business OF
building. that all departments OF the hospital shall
continuously and without iuterrupton meanwhile" -"
The Committee reported in favor OF leasing all the lots
annual ground rent of at least OoO and the sale Of e
buildings for cash The Committee also recommend the
erection OF six payons at the Bloomngdaie grounds.
The report continues as follows:
"1he new building Of the NewYOrk Dspcnslry at the
corner OF White and Centrests furnishes ward which
could be hired at moderate rent ana used Tor recev
ing house. Inc Police department provide wards In
many OF their statiOn-hOuses, and offer charge them
selves with the care OF all cases requiring instant
steamboat up the East and North Rivers, TO points on
the shores nearest the Bloomncdae grounds ali pateu
requiring transportation, daily.
" The number Of cases needing prompt relief may be
inferred fI0m the fact that on the 18TH Of October there
were only 81 such patients in this hospital
"Ihe pavihons we recommend can be built and
equipped for about $1,000 each and the proceeds Of the
planned, will furnish the money. The payilions can be
finished IN GO days from their commencement
" The ground rents accruing from May 1869 WOud be
at once applicable 10 the development of the Institution
by this method the benefits Of hospital would be
INlIIl
the manner Of the Sailors Snug liarbor ground rents
which, as endowment for public charity, have been
proved by all experience to be far safer than any invest
ment Of the proceeds OF "a sale
After making up the present annual deficit OF about
10000 more than 100000 wOuld be yearly available for
the gradual erection OF the asylum at White Plains
for the payment OF interest, and extng guisent the
debt"
The report Of the Committee was adopted the 10th
Of December and the officers advertise for bids for the
leases OF the lots
la the demolition OF the shOsptal New-York Oses an.
other Of It's venerable landmarks The institution dates
back 10 beyond the Revolution In 177O several pron
ncnt citizens OF Ncw-YOrk subscribed liberal sums of
money for the purpose OF erecting aud estab shing pub
Tic hospital and "A petition was presented by Peter
Middleton, John Jones, aud Samnol Bard. three phys
icans, 20 LleutGOv Golden, then administering the
government Of the colony OF NewYOrk, for charter OF
incorporation, which granted the following wear by
the Earl Of DunOre the then Governor ana Commander
in-Chiof OF the province.
by this charter dated June 13, l77l; the Mayor
Recorder Aldermen, aud Assistants. the Rector
Of Trinity Church, one minister Of each ~ the other
churches of different denominations the President OF
Kings luOw COlumbia) College. and number OF the most
prominent citizens were named members aud iucOr-
pOrated by the name Of the Society Of the Hospital in
the city of New-Y0rk in America" which was changed
by the legislature March 1870 TO "Tho Society Of the
kew-YOrk Hospital"
Contributions were made 10 The Society BY inhabitants