The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-11-18
DEPARTMENT. OF DOCKS.

Meeting Of tho Board of ommissisncrs--
Dock Improvement Bends to b. Issucd.
The people who nave most to do on and around
the docks are unsparlng In their terms or common
dalton OF the new Commissioners for the prompt.
ness they have manifested In placing the existing
structures In decent order, aud In building new tenn
poray docks where the necessities OF trade required
them. On the other hand many OF those who have
no direct connection with traf1c along the river
fronts, or who only see from feryboats they cross
TO and from the city, are not especially complimentary
to the Commissioners and wonder aloud why tho
Board OF Docks have not already abolished these
docks of boards and have In their stead piers and
wharves whose
soLrDrrY WOULD RIVAL THE PYRAMIDS,
and with superstructures whose architectural beauty
and business capacity would make them marvels In
their way TO such as these 1t Is only necessary to
quote the oitquoted sentence, "Rome was not built
In day." The manner or men composing the
Board OF Dock Commissioners and the Ofacers under
them give every assurance that the work OF MAX
ing the docks OF the metropolis the envy OF the
world VIII be carried out The amount OF prepare
ton needed for such an undertaking Ia necessarily
great and must be carefully made and every detail
completed before the work can fairly be COM
menc2d.
THE PRELIMINARY WORK
Is now going on quite actively and In the meantime
the business at the meetings OF the Board must be
interest TO the public at large stated session was
held yesterday at which an application was re-
ceiyed from one OF the Harbor Commissioners ask
ing the Board TO dreige In front OF the Battery ex-
tension. The matter was referred to the Engineer.
nCh1ef, alter which, report Oftne Executive Com
nttee, an application made by MIR. Bernard Kelly,
dock builder, Tor permission to build house
pier 40 North river for the Knickerbocker Ice Com
pany was denied. Commissioner Wood then showed
by report OF the Auditing Committee that there mad
been collected during the month of OCTOBER for rents
OF piers 5000, 300 ana that there was now hand
the sum OF $l3I, po5. The amount collected,
1t must he remembered, does not remain with tho
commissioners. but Is paid over TO the City Cnam-
beraID. the report was disposed Of In the usual
manner, after which Commissioner Wood offered q
resolution directing The secretary TO prepare com
muncaLion TO the commissioners OF the Sinking
Fund, requiring the Comptroller to issue bonds 70 DO
known az
DOCK BONDS
oil the CITY OF New York. To the amount OF $3.50 900,
~ SIX per cent Inteie est, to be PAID seni-annuay.
This resolution evidently startled the president MIR.
economy is used in administering the aiairs OF the
department.. He was much more startled, however.
when Commissioner Henry moved 70 make tho
sum 00o instead Of 500, 900. lie did not think
1t was good dnancierlng 10 pay interest on that
amount OF money, merely to Keep it on hand. MIR.
Henry did not attempt to discuss
THE QUESTION or FINANCIERING .
with the President OF one OF the Leading mctropoi-
tan banks but he did argue that the Board ougnt 70
have the money, 80 that 1t could be used linne.
dlatey in buying UP The leases VI those paTteS VINO
are now willing TO sell, as at some future hme tiie
Board could not get them at 80 low q inquire. ~ was
evidently useless to argue, anu Mr.. Hehrys amehl,
meat was voted down. Mar. Agnew thOuSht IL would
PAY THE INTEREST IN GOLD COIN.
To this Commissioner Wilson q. Hunt objected, ~
he thought the question OF interest should noe DO
definitely 1Xed but should be lett 0pon Mr.. Ag
nevis idea was put In the shape Of an amendment
10 the original resolution, but IL was voted down.
and alter some further discussion the original reso
luton was adopted, after which the Board ad
lcurned<