The New Orleans daily Democrat., 1877-08-16


s4G1 900, and the Mayor believes that the sub
scription of the New York bondhoder will com
plete the requisite st00,t0D
| TO ORGANIZE THE NEW COMPANY.
Administrators Cavanac and McCaffrey and The
City Surveyor visited the river front from st. Anr
street down to the end OF the line OF the wharves
| They have sa'isfied themselves that any attempt
| to reconstruct the wharyes in this quarter al
present would be useless, as the river bank con.
tinues to
CAVE IN vIsIBLY.
The Surveyors opinion is, however, that in a
week or ten days the banks will have settled suf
fcenty to begin operations.
Mr.. Cavanac will in consequence, inform the
| lessees that in order that time shall be lost
| they must prepare for the work before them by
| bringing their materials Tor the construction and
| repair OF the wharves On the spot where they
| will be needed.
| In conversation with gentleman from the
| Third District, Mr.. Cavanac informed MIN that
no appreheDsioDs OF delay in this important mat
ter need be entertained by the people OF that dis
| trict, for it was his determined purpose to have
every wharf In the city built or repaired in time
to meet the exigencies OF commerce.
ASSESSMENT MATTERS.
| Among the applicants for reduction OF assess
ments 1, tho New Orleans GasIIght Company.
who have avaed themselves of he provisions Of
| the revenue act, and named Mr.. Archibald
| Mitchell the arbitrator on their part, while
| Administrator ReDgstorf has selected
| Mr.. Lionel o. Levy to represent the city to de-
| ermine upon the valuation Of the real estate OF
| the company. The Gas Company also objects to
the lcrease OF the assessments OF their capital,
which, last year, was set down at $40 O,00O, but
this year has bern raised to 81 ,5On, 900.
While converslng on this subject at the City
Hall, we found that the impression there was that
If just app eciation WAS put upon capital by
| assessors the assessment rolls wouli amount to
nearly il not quite
TWO HUNDRED MILLIONS
OF dollars, which would have the effect OF ma
terially increasing the revenues of he city and
State, at least of justlfying reduction of the
tax which has been 80 long Principally borne by
property holders.
In support OF this belief, besides the well
known fact that certain commercial houses Of
this city Of the best standing claim that they
operate on no money capital, but simply on their
credit, it is asserted that in years past bust
ness house receiving over one hundred thousand
bal. . Of cotton q year assumed that they were
working on capital OF
ONLY FIVE THOUSAND DOLLARS
Another instance is cited OF house whose
capital having been assessed at $4,000, pro.
tested energetcally in favor OF reduction to
$4,000. and it was only after considerable dis
cussion that a compromise WAS affected on the
basis Of 100000. Within short period after.
wards the h use became the prey OF the fames
and 1t was found that the proprietors were claim
ing insurance on their stock to the tune Of nearly
$3O0.000.
We now pass to
A LusUs NATURE.
who should be set up as an example to recalc-
trant taxpayers. His name IL Mr.. Ben Candiff,
whose property, consisting OF Two lots with q
ones ory cottage containing four rooms and
kitchen, situated on Galvez street, was assessed
last year for $40O, but has been raised this year
to $500. The msin building rents for Sc and Mr..
Candiff occupies the kitchen himself. He thinks
that his property is worth $500, and wants his
assessment raised to that figure.
We have heard OF q similar instance only once
before during our experience; it was that Of q
commercial concern whose capital was assessed
ct five thousand dollars, and was raised to thirty
five thousand dollars at the request OF one OF the
Ii embers OF the firm, On the strength Of these
two solitary
ACTS OF PATRIOTISM
it is not, however. expected that there will be
rush or taxpayers to the assessors office to have
their assessments increased, particularly in such
proportion.
The application Of Judge Miltenberger, Of the
Second Recorders Court, for new furniture.
which was referred TO the Administrator OF
Police is receiving Mr.. Diamonds attention. He
estimates that the COST il all the furniture asked
for is supplied. will amount to thousand dol
lars. MIR. Diamond. however, thinks that there
are many items in the list which are not abso-
lutely necessary, such for example as the
''FIvE REVOLVING CHAIRS"
and the probability 10 that the list will be cut
down materially.
Mr. Diamond has issued his circular TO numer-
GUS institutions and individuals who have had
gongs set in their establishments or residences,
during the period when the police and fire alarm
telegraph was under the control OF the Radical
State government, informing them that these
gongs will have to be returned to the city unless
they arc willing to pay theref rental OK fifteen
gong. The notifoationI OF course, does not apply
to the engine-houses or the Harbog Watchmons
Association.
IL Is asserted that In aotne cases private indi-
viduals have paid for tho setting up OF those
gongs, but Administrator Diamond says that II
such be the case he has not been able to disco
ver among tho records Of tho City Hall that
tho money has beon paid In to tho city.
THE SUGAR SHEDS.
Nothing has yot been done In the way OF set
tling tho differences between tho city and the
sugar Shed Company, tho company having 80 far
failed to make any definite proposition OF nd
Of one OF our contemporaries, who must
be in error. The only proposition
ever made, says Mayor psbury was suoh ~ is
suggested In tho report OF the Commit teo on
Sugar Sheds OF the City Council. and OF which
Administrator McCaffrey was the chairman. 1he
pronosition the Sugar Shed Company thought
would be fatal to their interests, whereup0n the
Mayor proposed that they furnish him with
statement of their probable receipts during one
year, and tariff based on such receipts; and
thus the matter stands at present.
THE FIRE FIEND.