New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-05-05

that inc ODJect VI IiO AZ" 49,
plished.
So long "a the water supply of the city Is
limited nv the capacity of single aqueduet'
which the nopulation is steadily Outgrowing'
ortos;on wells NAV be expected to- multiply
and If they serve to Tighten the demand upon
the system in any appreciate amount INC III
crease in their number viii be public bene-
fit. even If a very slight one. An arucle,
printed elsewhere, states that about forty OF
these wells have now been dug in various
parts of the city, chiefly by brewers. The
statement is also made that besides the low
temperature and purity of the water, the wens
have the important advantage OF cheapness'
A well will pay its cost, $4,000, to large
consumer in a year. and there seems 10 De ho
limit to the life of such WELL some even
strangely enough, suddenly increasing their
flow after several years.
Not n great deal was accomplished in the
first executive session of the Senate yesterday
The pendine nominations, with few excep-
tons. were referred to the committees, ana
several nominations were confirmed without
reference and by unanimous vote. The Chinese
treaties were then taken up and discussed ior
the remainder Of the day, leaving possibility
that the vote will not be taken before to-lhor-
row. When the important treaties have been
disposed of, it will be an appropriate time Tor
the Senate to inquire of itself whether any one
Senator by "cOntesting" nomination can he
allowed to exercise a veto power over the Presl-
dents selections for Office. This IS an advan-
tageous time for taking mp this question ana
settling it calmly and deliberately, and with
only proper degree of Difference to the wishes
of men who are always ready to declare that
they will "smash the party If they cannot
do what they choose with it. 1t Is well-es-
tablished principle in political organizations
that il is safe in the long run to disregard
such threats the men who make them usually
discovering that the party is worth more to
them than they are worth TO the party.
Fortunately for the Legislative Committee
on Taxation, little of It's work has been done
in the manner of that upon the bill taxing
stockbrokers' sales. Otherwise none Of 1t
would have been entitled to respect The
Chairman &C the Assembly branch Of the Com
mittee has lust confessed that he had based
his calculations upon the suppostion that
about 100000 shares of stock were sold
daily in Wall Street. Inasmuch as the num-
her sold is regularly recorded in the morning
papers. ignorance of the real average would
hardly be expected from any person taking a
general interest in public affairs, and IS utterly
inexcusable in a legislator who has undertaken
the duty of taxing this very business on sys-
TEN of percentages. The Committee accord
ing to its spokesman, expected to raise only
81, 200, 900 annually from this source-the
brokers were put down" for this amount 1t
seems-and they were somewhat startled to be
told that it would produce about four times as
much. This ia sadly loose work. II il a
happy circumstance that the Governors Com
mission is in existence TO revise and shape
proposed legislation. A bill has been framed
by it which removes the unjust discrimination
from stock brokers, bringing all other classes
of brokers under its operation, and makes
market value instead Of par value the basis OF
fov