The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-02-17
SOME FACTS AND FIGURES.
A SAVING OF S2,OoO,OOO ANNUALLY
Tempting Hopes for Troubled
Taxpayers.

The Committee Of tho .'City Democracy" OF which
Mr. George W. McLeaa IS the chairman, met yester-
day at the Office oil John Easkin and resolved that
its secretary petition tbs Legislature tor the mme
date passage OF a concurrent resolution proposed In
their address providing for appointment OF
mission scale the saared list OF the city officers
with the view OF general reduction they also
solved to appoint u committee three proceed 10
Albany 10 be hoard before the Com Cities Of
Senate House IN favor OF the resolution. The
committee appointed were George W. Mclean, John
B. Haskln Theodore f. Tomlinson. The commit
tee resolved TO make their headquarters at No 10
Union square. and they adjourned TO meet there at
c,gns o'clock Monday night The following address
was adopted al the meeting
10 DEMOCRATIC ELECTORS or CITY AND
COUNTY OF NEW YORK.
Tho undersigned, committee appointed ~ a meet
ing OF independent democrats convened at the Hoh
man House on the evening Of tho 4tn INST, To pre-
pare address To the cltlzens OF New York, setting
forth 'tLe measures which the state OF Affairs
demand" respectfully report that
hey have approached The consideration Of the sub
3ecs embraced within the report adopted calling them
mo existence with didepce, owing TO the extensive
grounds covered ny the proposed address.
DECENTRALIZATION PARTIES
They. IN common WITH leliow ci zcns generally,
,ur State affairs and OF our municipal affairs with
harm. The general depression In business all over
e country, The want ol confidence the part Of
seoplc IN engaging 10 enterprises which might
1--WE honest ana remupcrative employment to
abor and add 10 Inc aTowth anu pros
perity oil The CITY, Stale and nation, with the
enormous am,unt oil debts owing by the
federal, state and muDcIpai governments, make II a
we'll grounded lear that unless the psopie in their
might ana by united action In favor Of measures
men, intend 10 stop the increase Of these several
Debts una Tor reformation oil the municipal ST ito
aud FEDERAL legislation, checking aud destroying the
exIravagance aud corruptiOns Vi the times, our
hitherto boosted republican Institutions will prove
failure The general demoraz itlon vi parties through
out the cvuutry was never more prominently illus.
traed thaa IN their present coniiton The federal
capital ut me state capital ana ut our own CITY
Hall. Ia Washington We behold the Southern and
Western members oi Congress, both IN tho House vi
Representatives and III The Senate, joining hands Ia
favor OF ncreaseu currsncy and the demonstration OF
silver, vOng together without distinction oil parry
parry lines that respect being destroyed whiis IN
The East and IN the Middle Suites the same state of
partisan and onpartisan action 10 there shown. In
this State we mud part oil tue democratic senate au
tagouiziug Ineir ca,ei magistrate, Gov
ornor Robinson, ~ opposing ana defeating his
nomiaaiIons Tor State officers, ana behold that
democratic executive acting with prompipess aud
despatch IN doing what tho chief magistrate OF this
city, through cowardce, dare not 0o-ptouiptIy
moving Tor Negligence IN Office the president OF
local Board Of Excsc while the part OF
pal cnie magistrate the UNPLEASANT spectacle lie pre-
scented Of one VINO invepts instrument to
tho beads oil folice Commissioners, VINO, by the
astuteuess and cunning OF COUNSEL that very IN
sument IN It's use Against that chisi gstIate,
tho case OF Dr. GuiIiotin, who invented the instru-
mem IN, PARIS by which lie himself lost his
head. IN. this respect our chief magistrate may de-
plore similar late, MS head navDg fallen the
basket De lett Tor disseciIon by those skull legal
surgeons, Fullerton Feld aud ISIS This CITY needs
ruler chief mag strate with WILL strong yer.
tcDra aud courage ana ability 10 see thai our laws and
ordinances are enforced naturally and effectively not
sp,smodicaiy, ana hsb the heads Ut departments and
their cmp,o, 81 no their duy.
NATIONAL, STATE AND CITY DEBT.
The debt Of our federsi government amounts TO
about -, lou, 100000. About 81, 727,0OO,0 900 OF
81, 800 oOO,o0O held and owned by onr own PEG.
p'e aud corporations, and $4Z7 000,000 abroad
The federal governments, Under Wise provisions
OF Its treasury have commenced funding tue
debt oil the general $500 0O0 600
oI our now bonus nave been taken abroad four and
tour AMI nAn pei cent Interest. Our own state, Ia
re.erence 10 lis finances, occupies envisbe posi-
ton. About The toa OF It's debt So OOO uct-
tug from ABOUT ST. 100 00O reserve fund nov held
IN the treasury When we como 10 recognition Of
our own city deb we ure appalled, by tue f,ct that
,t Is about sl4o,0 10000 upon about ST.. 0o00 600
paid al seven per cent, aboa S64 OO0 900 six per
cent and little over $4,000. 900 I'VE per cent inc
controlled oy .money change rs'' in the interest
OF ROthschId, Hope Co and other Tor.
eign capitalists, why Is It that our city
bonded debt shouu be paying these enor-
NOUS rates Of interest when the federal securities
arr readily takcn up through the syndicate In Europe
~ TOUR and lou: and onehaif per cent interest? rho
reflection growing out oil these debts oil federal,
State and municipal governments produce the
viction the financial management OF the affairs
Of our city there mas IN she past under Immediate
predecessor OF our present Com proer been invest
mehts made al rates OF interest which
CANT aud corrupt
FUND orR CITY DkBr AT FIVE PER CENT AND LESS.
We suggest tnat rs soon the bonds when are
means OF general lunded debt especially applicable
to The revenue and the assessment bonds they oeIns
short oo DIS payable IN one two and years. and
amounting ID the aggregate 10 about S42 co., 0o0 they
be- PAID oil and new bonds issued pay one hun.
ured years. and 10 be ncgolia cd at rate vi interest
20! exceeding nve per cent recognizing tho proprety
The government uuder which 1--we in this city
Is, In iss present features, very complex, and more
lEcongruous thal any other MUNICIPAL government
Ia tue world There Is want OF power aud Response.
bility In all OF the departments OF that government
tous oil The corrups rings, who have been swept
out OF power IN our Guy, upon principles
view oS ns par. o snusc vno have ro.. ss
us into our present muudc Ia the affairs OF CITY gov.
ernment ny the fraudulent practices anu the corrupt
measures by which those who formerly composed
what was known u tho .'Tsm many Ring" cheated
anu deraudcd our people out oi 500 200, 900 wnhin
period Of years 10 illustrate the ncongruity Of
sne s necessary 10 state That wnen
the Mayor was asked IN connection with what
his auty alter he found that the Excise Commission
FRS mad derauded nearly i've thousand people out Of
money which they lad paid Tor excise money
and not gwen mem any licenses; when no
Ponce Comm issoners, which lac, IN futile manner,
attempted L0 do, mis- answer that he of his
motion anu without the concurrent action OF the Gov
ernor, lad no power; and IN this respect, alter he
commenced hs acton he shortly retreatcd anu proved
that u would have ba5 lie attempted
70 DO what Was proposed 10 the case Of ,te Po-
lice Commissioners. Whom the Comptroller OF
the city asked why he does not
ouce OF tho salaries that no knows
10 DC exorvtant wny he dues not discharge some of
The employees that unnecessary aud pau o the
CITY treasury IN the various departments. mis- answer
is;-"Escn department. has las own power ana It's own
and nave none. and 1 can do nothing IN
tho PREMISES" And this being the TACT, find now
srraycd ~ one poiiica soma pbaanx against n por-
lion Of the CITY government tne Department OF Public
Works. while tue other hsnd u IL generally recos-
lized fact that the Finance Department aud the
PARK Department are arrayed agaIustit
NEW CITY CHARTER NECESSARY
Therefore your commItLee insist, TO this well
recognized Ipcongruiy IN our Guy government that
a
mental law by when the people may in the future be
benefited. lbey suggest that there should be . new
charter Tor the city, They believe that old CHARTER
oil 1880. which provided Tor Board OF Aldermen and
Board OF Assistant Aldermen, having given TO
each Of Them municipal power, conerriug upon
Their committees those rights, duties and RESPONSE
bes which are vested Ia similar committees oi our
Senate ana our Assembly in Albany, aud IN Washing
iob, that then they could Tor tho wants aud
requirements oil the people OF Guy without the In
iererence oil cen'raxsd and corrupt legislation ~
Albany They Suggest tuat tue present Board Of Al