The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-02-19

fewer OF these claims would md their way to the courts
proper th: connection that besides the sayint
Sy ass y y
ss%s.' %sSs A. :
s sns IN "a ~ the
On claims adjusted in the department..- s'Ssi2
Total savings. 3sls 81.
small amount SsisrmiSsa erisssp!s. Which w,i defeat
ss sSsSs
similar Ss yS, az
p.Iy ar. IF G. s sw na n city
upon he Corpora;ion counse rests the reponsibl.y q
s r IN
retained every which has been sided has had
vI-rnE AMOUNT or THE BONDS AND STOCKS OF THE CITY
ssS o BY or % by Sss Or
Board Of Supervisors and the amount approved or
'S %s 'as city
n s
Of New York, amounting to Ss.777,0a6.
sSs & ss ss q lie
Sy sano Lea
s9sS s'ssS :HS sSss
sSs$ HsSs fsssE 1s
Council The Board SUPER under acts Of
ss s
s the t. Ss sS was
to tine guln o. % Of snG tim
to
ii ' e 70 s s
members Of that body often refused 70 comply with the
@o o
sea o sy' hsr
tice caused SO much embarrassment that remedy was
cbtsined for single ocer to issue stocks ana bonds
@ alns hsS s
ssssS' the Issas?' unless sSssnss4
@ he s%sr prs Sse
are to be consulted the better tor the public
St The n ns
aa na @
shed BY number Of and since
BY he Legislatnre There has been ana there IS now
@ IN S e sSsa I"
direct and active par. IN lobbying through the Lsgsla
be applied to purposes which they we're personally
or a with the
vnL-InE MOUNT OF UNPAID TAXES AND AssHssxEsrs Up
BONDS oyrsTAsp isS At THE SANE DATE =.
g. om the Isl thirty Years.
III the aggregate as follows:-
Unpaid taxes on real estate prior to and in ~, GA
Unpaid taxes personal property prior to and ~.
unpa taxes on real estate nd pc rsona prop
erty prior tn ana including 1874. 617sS4
Total SIS, s46sN
The unpaid taxes on al estate lien the prop
cry assessed and will in the main be ultimately col
to e near s S ser wDss s 70.
Teason have included in the sales for
and s s xs sce w
be lost to The city as the parties against whom they
Il % BE- Hss S o ID Ss,
in s w hsys m
detects In the mode OF assesnS personal taxes which
Ss Of T shall be
the duty Of Beard Of to INCLUDE in
posing and Syyns pfGs for S any nS or
required for sueh purposes as they SHAH deem
to pIoys o il the
operation OF this provision the dencencIes in the actual
product iay me and Proyed for by the
including The 1870 out under the fraudulent and
sf am TAX Of f n the o
a % i. to T his az s
S avid nd @ tn sne n tine
personal taxes alone in those two years announced to
s s act the I'M PROV,
Of supervisors to add such sum not exceeding three
Iss s% e hse
but the unpaid personal taxes, Of that year alone
&c sSar
Gny sS0 but Of The n.ss
been added failing e provide for ths actual deS
right deceive sa ss also BY causes Ssss ss
which mns be met by an q the public debt
n fss s 5
December 81, 49,, was as foIlows;- 49,,
lection Of Assess- Arrears
Assessrcnt fund ~
S SSsR."s 4 s.ree. s0a7s sas7oa $685.
ina, &c. s 2,os2 SIG 2szs17 4,sis7os
Totals. .ss,49s,en s5!los7s s7.oe 500
property have been made for arrears OF
Guiding the Year $50 and list Of property Tor street
ts s % i
eo,s sSeq soas BE-
cembsg 81 1874 Win be seen a.Ss the proper
im af as have Constantly reconmended by some
Of law ns .s % e 9 issues issue Of
be limit to wasefl and eHtrayasant Tor
standing assessment bonds are represented by the FOL
i hHyance es TO con tractors s57I2 7so
Advances on boulevard work ....... 1881 Al
Total. Soo 72d
Schedule exhibits the balance sheet Of the general
ledger OF the finance Department at the end Of the year
in the summer Of 1871 credit Of the city received
severe shock by the exposure OF the enormous frauds
committed the treasury by the notorious officials then
in power. Capitalists were Iustly alarmed and city Sc
been wholly restored the credit Of the city IL
paired and its securities. which rated at high pre-
MUM sought investment by the pru-
dent capitalists and trust institutions.
During the present Comptr0llers administration the
personnel OF the city government has been changed
in some Departments more than once and another
now come into office, who have to pass through the
process educa ing themselves tor their duties 1t Il
erroneous TO suppose that important pgblc trusts can
be either ne.ligently efficiently administered by new
officials, without experience in the business they are
called upon to manage.
the average politician makes hut poor administrator
H responsible affairs the pubic interest must
respondingiy suffer. such persons not to be
very careful accountants rigid economists and II II
no small task for the Finance Department to bring them
TO necessary and metodcal methods OF bust
|
novel powers has into operation underlying and
affecting every transaction OF the government rho
business OF the city. conducted by very many agents
has adjusted and svtema tiled rapidly
practicable according to ! 8 provisions.
Again, act OF annexation has been passed nearly
doubling the city territory and raising InnumerabIe
causes OF comp cation. TO crown all, amend me Is
no NJ axubic