The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-03-02
THE GREAT JERSEY BOULEVARD.

Meeting Of Property Holders In Jersey
Ciay-Argumentsi in Favor Of the Inn
prOvement-FOur Million Dollars TO BE
Expended.
meeting OF property owners of Hudson county,
New Jersey, was held on Saturday evening in
MCPHERSON Hail. Jersey City, to take action III ref
erence TO the proposed boulevard. Dr.. LaiGaw,
chairman or the committee appointed at previous
meeting to submit a statement Of the advantages
to be derived from such an avenue, reported that
an apprehension existed IN regard to the
recent decision Of the Supreme Court. The
Judgment affected not the whole act but the OBJ
Jecti0nabe sections in relation to assessments. A
supplement- to the act which would meet the case
is now before the Legislature, ana there is no
doubt whatever of its speedy passage. The large
property owners OF the country, he stated. are al
most unit In favor OF this great Improvement.
The great body OF labOrers now unemployed Will
hail it with delight, as 1t will afford them
and their families practical relief At this
trying season $500 men could have been
employed If the act were in operation. II the
measure we're submitted to a vote OF the people it
would be carried by an overwhelming majority,
but the opponents OF the boulevard are AFRAID to
trust the people Just now. The large property
holders would vote Tor 1t ana the laboring element
would vote for it. Men who have held property
for years IN Hudson county are clamoring Tor such
an Improvement without which real estate mnst
remain at q stand-stlil He would, therefore sub
init lew OF the arguments in favor OF the bOue-
Ward, feserving tor the next meeting many ad-
dltiOnal reasons.
Fra-The completion OF the Hudson county ave
nue., proposed by the Colnm ssoaers would result in
years, in increased market value county
the extent Of $61Ud0 900 And vaiua-
Sn 81 HsGso is abo% y per cent the
eesssSt wSna be eeyasd S% about
secondAs the assessed valuation would be increased
thirty cent the rate Of taxation would be
iected The rate of TAXATION woa be sim urt ne re-
duced by the addition OF many expensive homeseads
III" ghrhe inare in The g. 600 of bonds permttea
to be issued by the Commissioners would be Si0oo0
nually But the amount raised annually increased
five years, would approximate S7500oo, The county
thus collect S6OO00 above its
ar Ssiy in inc Of yearly e san
the county, which, ii desired, could be made to pay
of the whole expense OF the Improvement in seven
years -. $500, o...
beneted by having 0o00 OF their assessments removed
from them and fixed upon the improved properly near
FVfh-Nearly 5000 building would be prepared for
first class building sites Building and real estate in;
population apital woud be attracted a degree
heretofore unknown amongst u.s.
Sirta-rhe money spent upon the Improvement would
our borders The poor man would obtain employment
by putting well earned greenback into his pocket in.
stead OF compelling him. for want OF labor, to beg for
Ssreafh-The Commissioners estimate the total cost of
opening and constructing the avenue at 81 5O Their
engineer upon oath declares that sum sufficient accord
certainly afford to spend than that in order
to secure an increase OF S6O,U.0,OOO
The supplement- will be reported in the Legisa-
ture this evening. The entire cost of the bOuie.
ward will reach S4,000,000 according to the best
calculations but of this amount ST. 500 900 will be
assessed on the property benefited.