New-York tribune., 1874-04-09
LOCAL MISCELLANY.
THE BROOKLYN BRIDGE.
DISCUSSIONS ON THE NEW CHARIER-MEEriNd of
THE BOARD OF DIRECTORS.

able comment in Now-YDrk ana BROOKLYN Ohe mcmoer
OF the Committee said the bill was eVldehly htehoo"
TO further private interests and not those Oh the "o
cities and It Is understood that the bill viii not be
renored favoraby unless il shall be shown that public
sentiment in the two cities favOrs the plan proposed IN
It, In order, II possible, TO bring about some
Arrangement TO influence tho COMMITTEE III ulS
way meeting of the directors OF the
Bridge Company was called ior yesterday
morning. The meeting private ana u Is cIaiiheu
by the directors that 1t was entirely informal IL WAS
held in the office Of the Park Commissioners in Courst
Prooklvn Yesterday morning. The official representa-
tiyes OF New-York City in the bridge direction inc
Mayor Controller aSd President OF the Board o Aluer
men were not present. and President vance dd not even
know that such meeting had been held uh Ia, oFe
ing. Among those who were prSSen, Iebor WIZ cen
H. W. SOcum, William Marshall. ana certain son'i
men who were supposed TO represent tnf The
meeting was taken up with discussion OF tne
proportion OF the 100000 (Which the D carries |n ng ar
Hunter TRIBUNE reporter after the meetNg' Ina ina
while the NewYork authorities hId not red TO
refusal directly TO pay one-haf he SUN & I,tr1
complete the bridge, they nave declared their
ness to pay onc-third the amount as specneu IN s
ginal contract 10 looks, said the Mayor, as u
to do more implied. III VIII De hpossiuyo " 80 SoS
any legislation on bridge matters upieSS @ Dnrins
the meetings the representatives from bFooHly ~
that NewY9rk would be oene'tS oy ycoa nC bo1d bear
equal parts OF the expense no decisive ie'u'' was
The regular monthly statement OF the Bridge Com
pary, which was issued yesterday se9|s q, Which
s26OG Co. almost two-thirds, went for salaries.
THE NEW CHARTER CRITICISED BY MEMBERS OF THE
COMMITTEE or ONE HUNDRED.
The position taken by William Marshall tone or the PIT
ckholders the when the bill was Drought
up in the meeting OF the Committee Of One Hundred, on
Monday evening, has boen commended by many MT
Marshall was the author OF a plan to improve tho
in thA "a
stands at present he finds reason TO complain He
declares that it is unjust to give to the private
eiockholders equal representation with the cities
in tho controu OF the enterprise, as this bill
proposes, because the stockholders VIII nave
GOOD bond Tho bill binds the cities to certfylto the
private etock-tbe holders to receive interest semi
annually-and carries with it :3oooooo, insurnS the
building OF the bridge in five years. Mr. Marshall also
objects to tho provision which authorizes the Mayor and
Controller of NewYork and the Mayor and Controller
NJ Broolvn to appon. five directors for year IL Is
impossible TO tell who VIII fiji these city offices before
the I've years OF building over, or what members
will be appointed by future Mayors and Controllers
Some Of those SAYS Mr. Marshall, who have been bridge
directors have shown that they don't intend to do any
thing for which they are not well pald Inc acts Oi
william C. Kingsley stand out in bold relief. He mas
loaded lis with bonds and tried, in that Bridge Com
many 10 get n contract by which he would have MADE
between 81 100000 and s. 100000 He might come 10 the
front again and try to get another contract lCoDt
want that where he can get another grab al inc
Bridge funds in favor OF the bridge going on nut
GOING on honestly and fairly and under different iniu-
enco from that which has controlled in the past The
man who has controlled the bridge money s not the
man to control II the private stockholders are TO
have such bond is proposed in the BILL they are only
entitled to ssmall representation in the Company
Harvey Farglngton, ANOTHER prominent member OF
the Committee of One Hundred. told TRIBUNE re-
porter that he considered the first section OF the Dill
objectionable II provides for the appointment OF
Ave representatives by the Mayors and Controllers Oh
New-York and Brooklyn, and for the election Of five
representatives by the private stockholders for the
term OF one year. think said Mr. Farrngton that the
Whole matter should be taken ont OF politics. and THAT
tmra OF tLc Bridge funds. The number Of directors
should 10 limited, far as 1t can be consistently WIN
efficiency. InasmUch as the cities or New-fOrk ana
BROOKLYN by of their subscription are abso
Lutte stockholders they should have pr0porIlonate
onpion the Mayors of the two cities ought each ap
Dant five directors who should be the representa-
tyes of the two cities in the Bridge direction These
n Of tho bridge The private stockholders should be
allowed TO elect director the same length OF
tine AL the directors should be subject To removal Tor
incGiciency, incompetency, or dishonesty.
The provision the bi to pay the private stockhold
ers their money with interest from the time OF pay men
bI, tar ssue OF cerucates IL proper 1T ALL should De
limited to those stockholders who have paid up their in
salments called for those who are in default ought
NOT 70 receive the benefits of that provision Aud when
they are So paid their representation in the company
should These restrictions seem 70 be necessary
en- rder o insure the confidence of the people in the
pendture OF large OF money some Ss0o0oO0 called
Tor by this bill From the TACT tnat tne Expenditure Tor
tTe brdge so far has so largely exceeded original
estimates, there is very strongly expressed want OF
confidence in the enterprise as managed hltnerto;
This want of confidence may be attributed
i'm mart TO the fact that all, nearly all,
OF the great enterprises in Brooklyn, where extensive
expenditures have made, have been largely under
the management OF the same persons, VINO are most
potent in the Bridge enterprise Prospect Park mas
been under the management OF Mr. Strananan; Wala-
bout Basin has Judge McCue among Its Commissioners;
the new Reservoir ana other large works have been
under the control OF Mr.. Kingsley The Bridge
prise has mainly under the management OF these
three gentlemen, securing combination VI thei talents
and Abilities, 4,
money to the payment OF the alleged stock,
which Tweed Connolly, smith, and others, who are III
Others when they have secured bond payable with in
terest semannuaily-which would be the bond OF two
cteshey would seem to have no interest III the mat
ter further than other citizens nave.
THE COMMITTEE or FIFTY DENoUNCE THE NEW
CHARTER
At meeting OF the Committee of Fifty, held Tuesday
night the following resolutions the pending Bridge
bill were unanimously adopted
Resolred That the bill reorganizlng the New-YOrk and
Brooklyn Bridge Company, now pending III the Legs-
ature, "a cunnngly devised measure 70 advance pri-
yate interests al public cost.
Resolred That the proposition embodied in the bill
return the private stockholders their investments in the
form OF egotiable nerestbearing bonds guaranteed
by both clues is monstrous proposition OF amazing
ReSoired That this Committee and, as we believe the
people OF this community unalterably opposed
sny easap' to en %n'q ike william NJ Twee wsm c.
kingsley Richard B. Connolly, James 5. t. Sranahan,
and Others IN whom the people lostconhdence and
still leave them IN virtual control by undue representa-
tIon in the directory OF OF public funds and Of
great aud necessary work.
TWO PROBABLE HOMICIDEs.
William alias "DoOney" Harris, the pugilist,