The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-01-08

quite him for his services in this regard Mr.
Kingsley was selected AZ superintendent and ap
pointed on the l4th OF October, 1862 because Of
MS avocatt0n as contractor ana his claims to con.
sideration but his compensation was not fixed at
tue Time Oh MS appointment, as 1t was not deter
: mined on what basis 1t would be arranged. He
Cialmed q compensation equal to the profit he
might nave made had he now acontract on given
PaIt oi the WORK, ana ne was allowed fifteen per
cent on the amount OF the expenditure on the
ounaatlons Of the towers OF the bridge up to high
water mark, including the payment OF land, Tor
his services and advances on behalf of the com
pany up to the completion OF the foundations. The
Actual tms were completed July H. 1872 and the
period OF two years and nine months. The COM
mittee became dissatisfied with the management,
as tney nad not fully estimated the expenditures
on the foundations. The total expenditures on the
bridge on January l. 1871 were 81 179,521, besides
received on the 9Th OF that month or fifteen
per cent on the above sum, which was the last
Sy tha I maae 10 Mr. Kingsley on this account.
lion Ion was limited to five per cent, not exceeding
Sh s Ia all This involved return OF $4,000
ms part, which was done. Mr.. Kingsley assenJed
on condition that he should be relieved OF certain
Po ,a OF the stock which he carrying, and
Inns tncy agreed to do in their Individual capaci-
ues Win the assistance OF two other members OF
Tue noara, oy paying him S1300O0 OF the stock at
upon themselves. In regard to the prices paid for,
Ihe manner Oh purchasing materials and the sta te-
mad s srm, III many instances purchases had been
nade from a concern in which the General Super
intendent (Mr. Kingsley had pecuniary interest,
Tn tne committee say that the practice adopted by
Cneln was In all practicable cases to invite cOmpe-
tit1On. Bids for lumber were asked from ali the
saw mills OF the city that furnish 1t, and it was
iound that those of the New York and Brooklyn Saw
Mil ana Lumber Company (Kingsley's) were most
10 oraDie The prices paid were market-hXed and
reasonable. In regard to the statements In Mr..
Barnes' minority report the committee say that
ne omitted to state entirely that the Executive
Committees report, showing the progress OF the
work TO June 10, 1870, was read, approved and Or
dered on file. This was important because Mr..
Barnes subsequently said that the committee made
no report OF their proceedings at any time. The
committee then proceed to review Mr.. Barnes
10y suppressng essential parts of it. They quote
their records in their own defence They hold It
was not necessary that there should be a general
regulation restricting the superintendent dscre-
tlon because there was no general discretion given
MIN. Tabular statements were presented, show
Ing the bids received by the committee
for materials and the prices paid. The
committee Indignantly resent the insnuatiOn
that they were Interested in Mr.. Kingscy's per-
centage, and pronounce it unqualifedly false.
they declare Mr.. Barnes report with regard
to the certicatOn OF bills curious tumble OF error
and misrepresentation" There Is not scintila
OF proof that Kingsley's sawmill company had the
least interest in tine purchases -. 10 conclusion
the members OF the Executive Committee, Messrs.
>. l.. Hustled, j. s. Il. Stranahan, II. w. SlOcum and
Henry O. Murphy, state they have given their SER
vices to the best of their ability for three and q
half years In this responsible position, without
ward or the hope OF reward, beyond the credit of
way between these two great cities and uniting
them more closely In q common destiny They say
they may have made mistakes, but they have been
In behalf of the enterprSe