The New York herald., 1872-11-16

out discussion. A resolution stating that as the
proposed changes OF street lines are for the benefit
OF the whole city IL Is expedient and proper that
the city authorities should apply TO the Legislature
proprietors nom assessment for betterments
WAS Nste offered By Moses Rmoai and favored ss
and subsequently Withdrawn by the committee.
A resolution OF general approval OF the plan Ior
widening the streets was also presented The
main features of the plan are the building OF Wash
ington street on the easterly side to SO feet
between Milk and Summer streets; on Summer
street, on the water side, 100 feet from Summer
street to Atlantic avenue; OF MILK street, on the
Federa on the 70 eastery sde to et Of Con-
MILK streets, and to so feet from Milk to state
street; OF DevOnshire, on the eastery side, TO 10
feet between MILK and Franklin, the strengthening
OF Devonshire and OTIS between Franklin ana
southerly side to so feet between Federal and
Pearl, the widening Of High street TO %
% eF 10 anS tp pes ne s He
sion OF Pearl and Milk 10 Congress, the extension
and widening OF haYley street lorty feet the
widening OF Arch on the westerly side to
forty feet, the whole plan subject to o. modi- oi
cussion which followed Postmaster Burt
stated the general purpose OF the plan, and raised
have broad avenue through the city, as fire
barrier, and on which large public buildings could
be erected. ana suggested the EXTENSION 81 feaeral
then open school street to the Common the same
width, nom Federal street. thus making fire
would allow them from three hundred
thousand to five hundred thousand dollars
such M'aeI plan was adoped Mr. Nathan Mathew
deprecated the ausiOn to School street, but did
not oppose the extension Of Federal street. The
committees plan was unanimously endorsed.
ANOTHER RESOLUTION.
reading as follows, was included:-
That the prop1eors Of estates IN M the
% n s s sS % sds on to ON nf to
enable them tG renu is scS
II anv should need IT. in the usual mode
When this was taken up, Alderman Clark pre-
sented the following vote, passed by the Joint
Committee ON Streets
is isexpeden 70 ask for legislation auhorizas the city TO
the interest sxpsnss; ssSn
the district recently covered by fire.
Councilman WEBSTER moved to substitute this
for the one reported by the committee
Mr. GEORGE 9. RICHARDSON said 1t was impOr-
tant there should be no delay in rebuilding for
want of means.
FIFTY OR SEVENTY MILLIONS OF PROPERTY
had gone out Of existence and temporary in
crease OF capital might be needed for the purpose
OF prompt action.
Mr. FRANCIS JAQUEs said there would be great
responsibility, If not evil, resulting from loan, as
they did not wish to establish land bank.
Hon. WIN. b. SP0ONER said Boston was centre OF
precedent just before the fire. Its capital was
$4,000, 600 less than it was week ago; it had
proposed to rebuild it in twelve months. The busi
ness would fly away unless the work was done
quickly. There was no danger in such loan. 1t
would never be heard OF in the taxes; the city
could hire at six per cent and loan It at
seven per cent Nobody was obliged to take the
money, and he hoped the resolutions would pass.
The substituted resolution was then adopted, AMI
committee OF five appointed to attend the hear
ing at the State House to urge the matters voted
Mr.. William B. Spooner, George G. Richardson.
Moses Kimbal, Francis Jaques and Harvey Jewell.
effect that the grade In the street should be reaid.
1t was OF tine highest Importance and should be
was carried, and Mr. Robert W Ganes urged General
Burt's scheme for the widening Of Federal street.
WENDELL PHILLIPS FAVORED GENERAL BuRr's
PLAN
and suggested the relief of Washington street by
widening Hawley and perhaps Kingston street, as
nearly the whole OF both streets was burned.
General Burt offered a resolution embodyng
his views relative to the widening OF Federal
street.
motion to table it was lost by vote of 60 to 40,
and the resolution was subsequently lost.
Mr. PHILLIPS spoke freely relative to the alb
in height with a lumber-yard on the top which
was as far from the reach OF engines as the cupola
to the State House.
The meeting resolv ed itself into permanent
organization, and then adjourned
THE NATURE AND EXTENT OF LOSSES
As the sufferers by the fire become better ac-
quainted with the nature and extent of their losses
the feeling OF confidence among all classes
interested in the matter seems TO grow
stronger that both home and foreign insur-
ance Offices, which have been brought
to the verge of insolvency, will In time liqudate
their entire debts. The salvage is found to
proportion to the loss. and as schedules of
saved property are being made out as rapidly
as possible, and policies and proofs Of
losses are in some cases already. sent
in, the work of adjustment Will be pushed forward
with the utmost celebrity Large quantities OF goods
stolen at the fire have been recovered by the p0-
lice the value being estimated at between three
and four hundred thousand dollars, and lot OF un-
claimed property now awaits identification at the
City Hail.