New Orleans Republican., 1872-08-14

Thomas Hasam, lumber. r......,.... IUO2 81
A. Boucher, mOuldings and lumber % -
Henry Bincher, iron work ......... 90 30
Folger & Co., hardware. ........... l5I 40
7. Tracy, plastering ......,....... 289 50
1aco- -
Total. NEUTRALITY-SUSPICIOUS., S0oV0 Il
Passed two readings.
BY Mr. Shaw:
An ordinance relative to unsettled apprO-
pTiatiODs.
SECTION l. Be it ordained by the Council
Of the CITY Of New Orleans, That upon all
appropriations for budget accounts upon
which the holder shall waive the right to
draw appropriation certificates, or shall not
draw any such certificate up to the final
payment by cash warrant, interest shall be
allowed hereafter at the rate OF eight.per
cent per 'annum. Such interest shall be
allowed from the PRONUNCIATION of this Ordl-
nance upon appropriations heretofore made
and remaining undrawn; and upon apprO-
priatiOns hereafter made shall accrue from
the prOmulgatiOn OF the ordinance author
izing them.
SEC. @ Be it further ordained, etc, That
any holder of such uncertifed apprOpria-
ton, desiring to obtain therefor warrant
receivable for licenses and on account OF
taxes. shall be entitled to such warrant
with interest as aforesaid to the date of its
issue. And anv holder of an appropriation
certificate desiring to draw interest as
aforesaid, shall be entitled to do so from It's
return for cancellation; provided, that no
part Of this ordinance shall be construed as
allowing any interest upon an outstanding
certificate, nor to accrue upon any appr0-
priation till paid by cash or tax warrant as
aforesaid.
Mr.. Remick said he should vote no on
this ordinance, for the reason that it would
impose interest ON at least two hundred
thousand dollars of city certificates now
locked up in the vaults of bankers, who
were holding on to them as an Investment
and which were NOT part of the circulating
volume Of city paper. Consequently, the
effect Of the ordinance would not be to bet
ter the city credit to any appreciable ex-
teri. 1t seemed to him that every week
more certificates were issued than the de-
mand for tax-paying could take up, and
therefore the argument Of the Administra-
tor of Public Accounts fell to the ground.
By adopting this ordinance the city would
only add to its burdens, without curing any
Of the evils complained Of, The poor men
who. from their very necessities, crowded
the markets with certificates, were the very
men who could not take advantage Of this
ordinance.
Mr. BOnzauo remarked that the question
was whether, by taking care Of those able
to hold on, the city might not relieve the
market, and so give the small holders a
chance.
Mr., Shaw said great many persons took
out certificates who, with tie slightest in
ducement held out to them not to do so,
would allow them to remain, much to the
advantage Of the city. He admitted tae
force of the arguments Of the Administra-
tor Of Commerce l1Ir. Remick). 1t was
from considerations of the kind suggested
by him, that he Mr. Shaw had delayed
urging the passage of the ordinance.
Mr.. Lewis moved to lay the ordinance
over till next meeting.
Mr. Renlick seconded. the motion, upon
which the yeas and nays were called.
Yeas-Delassize, Remick, Lewis, Walton
BOnzanO-5.
Nays-Cockrem, Shaw.
The resolution was postponed.
BY Mr.. Shaw:
An ordinance providing for the payment o.
the account therein named.
Be it ordained, That the following ap
preparation be and is hereby made, anc
that the Administrator Of Public Accounts
warrant on the Administrator Of Finance II
payment of the same"
4. Benito, jury warrants balance, $2l9.
Adopted,
The Department Of improvements.
By Mr.. Shaw:
Resoired, That the Administrator of I'm
prOvements report to the Council as sOOI
as practicable on the expediency of putting
under contract the repairs of streets an'
bridges, and in the meantime, if he deem
advisable, he shall advertise three time
during ten days for proposals as follows:
For the keeping in repair OF the unpaYeC
streets of each district.
The same for the heeping in repair o
| square block and round stone paVemen
| separately.
Bids for repairs to streets to be made b.
| the mile of length. Also, for the keeping
! in nrepair Of the bridges at street crossing
in each district.
The keeping in repair of streets to includ
| cleaning and keeping the streets and gut
| ters clear OF all distractions.
| Specifications to be drawn by the SUI
veyOr and approved by the Admlnlstrato
! Of improvements.
| Said contracts to last till January /, 1873
! and to be payable in the ordinary form Q
/ appropriations.
Mr.. Cockrem moved that this resolution
be postponed,
Yeas-Bonzano Lewis. RemicL. Dela'
size. Cockrem-5
Nays-Walton. Shaw
Postponed
BY Mr. Shaw:
Resolred. by tile Council Of the City q
New Orleans That the Administrator @
improvements be authorized to organiz
and employ tin further action Of the CoUu
ell, 300 hands for Ia ,Hor upon the streets
200 hands for labor upon ieEees'. iUO cart
for street and Ievee work, anu - carpeE
ters for work upon bridges. etc. Ihat
shall keep registry Of the maine and I2S
idence of every person 50 employed; tn
said hands shall be paid weekly at so mucl
per day tor labor performed, and he shall
have the power through his officers ant
f0remen, 10 discharge either or all Of then
at any time.
Mr. Cockrem moved that this resolution
be referred to the committee Of the whole
. Carried.
The Foreiga Loan.
By AIr. Cockreln:
Al ordinance relative to the negotiation o.
the new consolidated loan.
SECTION /. Be it ordained by the Coupof
Of the city of New Orleans, That the Fisca1
Agency OF the city, in its negotiations for
the new consolidated loan in ENGLAND Is
authorized IN quarantnn +n - = -. L. =