, 1876-03-12

"Do you confidently believe that this anoun'
cau be raised at home 7"
IT am sure Of il"
4.xow AS TO SOME FIGURES:
what ara the outstanding debts OF the city, ano
how soon do they become due =
..Not cents worth becomes due, as am - IN
formed until the 2lgt Of this month. Ihe
amount then coming due is S60o,00o IN ronno
numbers. To meet this there 10 now IN ms
Treasury about $3.50, eco. and here ts h1lke
Evans, who has just told me- that ne added 70
this reserve some $4,000 by his collections TO.
day. Between that time and including the 1st
OF June, there becomes due about ~ oUO,o ooo
more. and this il the matter which the Comp
troller is trying to arrange for IN No" 1or2 70
day. But, understand, that large poft1on u
this is to pay debts contracted 10 similar man
ner and for q similar purpose in New York last
year, or in other words the Comptroller IL mere
ly endoavoriug to extend the time OF the debts
contracted Inst year. Then. again, one must re-
member that there are 81, 500, GOO Of uncollected
taxes OF 1874 locked up by the decision OF Judge
Wallace II this waB available it would put
vastly different phase upon city 6nancos. Yet
another fact that presses the crisa rather earlier
in the year than usual is the changing Of The
fiscal year from the 1st OF April to the 1st Of
January
=, These then, srs e. the grounds of your defense
"And good ones they are, too"
sons other fact remains unstated, Mr. Mayor,
aud that ia, do you believe in inserting
THE GAGE DEFICIENCY
into the Appropriation bill I"
'Most assuredly I do, and I believe that the
Council will insert it. was in favor OF doing
this at the first Of my Administration"
This really closed the interview, and tho rest
Of the conversation WAS devoted to a stirring
condemnation OF the Inter- Ocean, which had as
serted thnt the city's paper had gone to protest.
Several gentlemen offered to BET the sheets
chsnces for the city-pr1ntlng pap were about as
ecary as possible.
AID. MONROE HEATH
waa next visited. The gentleman is Chairman
of the Finance Committee, and knows more OF
the eitys finances than any other member OF
the Council. From him was cleaned q substan-
tiation OF tho figures given bY Mayor Colvin,
aud also the fact that in his opinion the collec-
ton Of tho taxes Of 1876 could not be forced,
and that, inasmuoh 81 the confidence in
the present Administration was shakep,-
BY what causes he did not know
he thought that tho only safety Of the
city was not alone in retrenchinE expenditures.
but in submitting to nav and popular Admin
istrarion which would entice the masses into
paving their honest and just taxes. The city's
paper had not yet gone to protest. and would
not for some time to come, eyeu under the most
inauapicous circumstances
AID. r. B. Stone, Of the Fifth Ward, expressed
substantially the same opinions aa Aid. Heath.
Another fact was brought out in the conversa-
tions with the ADORE Aldermen, and that is that
each of them yesterday morning refused to sign
CITY certificates made ont in tho names Of con-
tractors and Others and. what is more, all Of the
Finance Committee refuse to aign or issue any
more certificates for any public improvements
until the crisis is passed, II crisis there be.