The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-06-30

THIS, III VIII be seen, Is an increase OF more than
two millions every year. The increase in tue water
debt ~ manly owing TO the heavy expenses in
CURED IN the building Of the new reservoir and
impro~emcn at the waterwoIks In Bellevle.
The assessed valuation OF property in Jersey City
tn 1869 was $50. This year IL IL 500, OoOOvo
Tne latter according to Mr.. Jacob Weart, than
whom there Il no higher authority on the subject,
Is an excessive valuation, property not having
creased in value to that extent during four years.
The OF taxation in 1870 wa. 81 u per cent In
1872 1t was 50 q. II the debt OF the city increased
IN three years by sum ar greater than the entire
debt from the settlement OF the city to 1870 what
Will be tue rate OF taxa,ion next year'
,o the amount IN IN, tne sinking Iund is thus set
torth:-Casn, $2i.364; bonds, sis2,20l; total,
$206,565. The interest bonds for the year just
ended amounts 10 S2Sa,637
The population oil Jersey City, including Green
vile, recently annexed Is about ninety-two thou
sand.
TIE WATER DEPARTMENT
deserves more than passing notice. The amount
paid IN salaries, including $4,000 TO the employees
at BeIleve, Is $40, 100. an UNUSUAL Increase, which
Is accounted Tor, however, by the fact that new
survey oil the entire city became necessary. No
with more efficiency, but 1t IS complained that the
clerical stan Is too large. When the survey OF the
city Is completed era OF economy is looked lor.
The amount OF water rents collected for the past
three years was as follows -ls7O-1s7l, sos, 900;
lsi2-ls7a, $s5oooo, and It is expected 10 reach
f40O00O LOT lS3-1s74. Hoboken contributed towards
the sum mentioned for last year, S77.7O0. The IN
terest on water bonds last year amounted TO
$2o4,026. The cost o. the coal consumed at the
water works In Beleville last year was $4,000.
That there was some laxily under the FORMER ad-
ministration IS evident rom the fact that the sum
or $4,000 was collected last year under the head of
shack rents.u The collection OF water rates
the duty of the Collector OF City Taxes up TO 1870.
when separate department was established This
fact suggests the extravaganza OF the Board Of
Finance at the present day. he city Collector and
hs assistants receive $l3 200 year, wRie the CITY
Collector III 1870 received, with MS two assistants,
only $4,000 and this sum represented The remune-
ration Tor the collection OF the water rates In adult
ton 20 the ordinary duties OF the Collector. This Is
economy with vengeance
Attention is now turned to the sister CITY or Ho-
poken. Thrifty, CAUTIOUS and proud as are Its In
habitants, they have many a time been cajoed by
politicians and swlndie1 by "Rngsr Whenever
once-holdels descend to mean, petty thefts, such
as dedncting TWENTY-FIVE cents day from poor
tabvrer's wages for an appointment on street i'm
provements, they are sad TO comc from Hoboken.
But the taxpayers are beginning 10 sshave their
syesopened.n according to the old nursery proyerb
here Is something Tor them to Study. The nQures
Ire Tor the current financial year.
Salaries 81 other city officers. lo0O
appropriation tor Fire Department ............ 500
Appropriation tor public schools. ........... sSNE)
Appropriation for other city purposes ........ sHw