The Cairo bulletin. [volume] (Cairo, Ill.) 1872-1878, 1877-05-02

committee be instructed to correspond
with the holders OF city bonds, with q
view OF finding out If some compro-
mise could not be effected where
by the principal and interest could
be reduced, and the reissuinR OF new
bonds running thirty years be issued.
again call your attention to the same
recommendations, believing IL Is the best |
thing that can be done, and that it could |
be accomplished at very early date. |
From correspondence that have receiv-
ed, believe the holders of bonds would
accept new bonds at considerable reduce
ton of principal and interest,
which would If accomplished greatly
reduce our bonded Indebtedness, and q
large yearly saving of interest, which
amount added to the amount saved by
the reduction of city expenses would
greatly reduce our taxes, and make the
burden light upon the taxpayer and re-
suit in giving new impetus to business
in our midst. therefore trust your
honorable body will give this subject
your early and considerable attention.
CITY INDEBTEDNESS.
City indebtedness. april 30,
1876, reported ....."....".....S40 800 80
Labor certificates forgot to be
reported at time. ............ 2,OO6 3s
| Total, April 30, ls76........S497 ,5l1 20
April 80, 1877, bonds out
standing....................... els 30
| April 80, 1877, New levee GER
tillcates, outstanding. ....... $3.50 90
April 80. 1877, Outstanding in
terest bearing scrip.....'...... 1868 81
Total city indebtedness. 4ss, 562 20
RECAPI1ULATIoN.
April 30, 1876, city indebted
ness ACKNOWLEDGEMENT. ,5ll 20
April 80, 1877, city indebted
| ness too,ooz ~
Reduction OF city indebted
ness past year..".,.."..""..... o,94o W
Besides this showing we have In
the treasury, cash tonight, Sl0,9O3 93;
warrant for $50, 900 in hands OF sheriff
tor collection, of which $40, 600, wher
paid will be expended in further reduc
ton of the city indebtedness. l there
fore congratulate you and the citizens il
general upon the financial condition o
the city and the gradual reduction OF 1t
debt.
MISSISSIPPI RIVER.
Congress having appropriated $4,000
l tor the Improvement OF navigation irOl
foot of Dickey's Island to mouth of Obi
! river. but an order from President Gran
) upon the subject Of the expenditure Q
, river appropriation to the war depart
ment, virtually cut of this appropria
|, ton.
Feeling the great importance of thu
matter to the city, did, on the 18th da,
of September, 1876, address letter a
mayor of the city to the president, set
ting forth the ia Its in the case and the
danger to the city from the ravages Of
the Mississippi river.
The letter was Endorsed by our honor.
able senators in congress, Messrs. Logar
: aud OglesSy, and it had the desired ef
7 feet.
Only $4,000 Of this appropriation ha'
D, been expended, and unless an effort /
= made at an early day to have the remain
e der expended or drawn on or before tn
e 1st day of June, the appropriation vii
e lapse and will be lost.
e RECOMMENDATIONS.
5 Would recommend that section 81 {
chapter OF the revised ordinances be S
amended as to give authority to tn
mayor to use his discretion in grantin
c licenses to parties peddling tritling art
l. cles and goods that do not conflict wit
/
II Also, that new section be added to sam
u chapter to prohibit drummers from othe
cities taking orders tor ready-mad
&c clothing, shirts, &c, to the injury OF til
'' merchants doing business here. who pa
house rent, license and taxes, unless the
~ pay n yearly license OF $50 at least.
IL Also, that section AZ Of said chapt
lie be amended, allowing the proprietors {
hotels to run and solicit patronage IL
= their own houses.
3 Would further recommend the consol
Il datiOn OF all the special funds into on'
as far as the law will permit, TO be az
e nominated the general fund. The adoI
ton of such plan would cause consi'
u cradle saving of legislation, less VOL
II for the treasurer, and more simple wa
lc of keeping accounts.
y CONCLUSION.
ii In conclusion let me say the duties
le the office OF mayor are not few nor I'll
Of important. knowing the deep respons
n bility that rests upon me, trust on
IS united actions will always be TO the city
C interest, and trust that shall, by ear
9 ful performance of my duties, comman
the respect that my Office demands, tina
e the council will assist me by giving the
IS aid and advice. which will be thankful
h received and appreciated, and afford II
rs pleasure to know we are working 10 az
% cOmplIsh the public good
Respectfully.
HENRY WINTER, Mayor,
ut MISCELLANEOUS.
E. At the conclusion of the reading OF u
! - oil ar