The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1892-03-25
NJ M'DERMOTT'S WORK
Some Of the Brilliant Ser
vices He Has Performed
For Jersey City.
SOUTH COVE BONANZA.
He Was Mainly Instrumental
in Acquiring 1t for the
City.
HIS SPLENDID FINANCING.
How the City Was Saved From
Bankruptcy and
Ruin.
HIS SPLENDID FINANCING.

Each day brings more discouraging
facts to their notice, while interesting
features which Mr.. McDermott's modesty
prevents him from personally disclosing,
place him on firmer foundation of sue
cess.
Last night as was on my way to Mr..
McDermoGt's house, well known Re-
publican Intercepted me and said:-"Our
case is hopeless one. We have no plat
form; we have nothing to go before
thinking public with, to ask
its support, and worse than all.
we have not a candidate.
Wanser is all right In his place, but the
party has made grave error in placing
him at the head of the ticket He is
politician, but not shrewd one. He is
not an able one or a man in whom the
people have any confidence. What puz-
zles ME is how he presumes to come be-
fore the people and ask for their support.
What has he ever done? What has he
the ability to do? / am Republican. but
Ialways vote for the best man and if
there is any comparison between the two
candidates, such comparison must cer-
tainly be odious to Allan l.. McDermott.
The Democrats have made a wise selec-
ton and know that he will have a walk
over"
Farmer Wanser has done nothing for
our city, and his ability as financier will
not permit him to do much. On the other
hand Mr.. McDermctt on ce saved the city
from bankruptcy. and again is directly
responsible for the glorious condition of
affairs that exist In the Great South Cove
matter. viz: the establishment of Jersey
CIty's right to that grant, which is
worth moro than two millions of dol
lars."
THE SOUTH COVE BONANZA.
The remarks of this gentleman led to
an Investigation, and the result reveals
that Mr.. McDsrmottt's position in the
South Cove matter places him in position
which should result in his receiving the
support of every honest thinking man
who has the interests of this city at heart.
The fight to secure possession OF the
South Cove tract emanated from Mr..
McDermott's personal efforts in the
m after and his suggestions having been
lOllOWctl uP duh LID bAVASC eohOhs WA
minated in Jersey City becoming the
lawful owners of the grant.
Allan L.. McDermott began an inVes-
tigation into the South Cove matter in
the early part of 1885. He consulted with
Gilbert Collins, then Mayor. and at Mr..
McDermott's suggestion the following
letter was sent by Mayor Collins to the
Board of Finance and Taxation of which
Mr.. McDermott was the presiding
officer:-
To the Honorable Board of Finance and
IdTdtiOn:-
GENTLEMEN-As the result of pro-
longed investigation conducted with the
aid of the President of your honorable
body, have this day sent message to
the Board of Public Works advising the
taking OF such steps as shall accomplish
grant of land in what is called South
Cove, made to the city by the State by the
act of the Legislature approved April 4,
1872. Pamphlet laws page 1856. The
title of said laws was amply by the act
itself. Enjoinment was deferred
made as determined by the
Board OF Riparian Commissioners. The
determination of that Board was that
such compensation should be taken in
bond therefor in the sum Of 81, 1,000 pay
able in one year with interest at per cent.
per annum, payable semi-nunually.
Should the Board of Public Works at its
meeting today pass resolution accept
ing said grant and directing the issue OF
such bond, l recommend concurrence
by your honorable body in such resolu-
tion and the authorizing the issue aud
tho delivery OF the bond accordingly.
Very respectfully,
GILBERT COLLINS. Mayor.
ACTIVE EFFORTS.
MIR. McDermott at once notified the
Board of Public Works that if the reso-
luton referred to by the Mayor was
passed by their Board, he would see to it
Finance. The Board of Public Works
adopted the resolution. and at a meeting
of the Finance Board OF the evening OF
March q 1885, MIR. McDermott offered the
following resolution
Resolved, That the following resolu-
ton adopted by the Board OF Public
Works at its meeting held this date be
concurred in.
Resolved, That by and with the concur
renee of the Board of Finance and Taxa
tion that the grant of the State of New
Jersey to the Mayor and Alder
men Of Jersey City,, entitled
An act 10 cede to the Mayor
and Common Councll OF Jersey Clty GER
tain land of tAs State now and heretofore
under tide waters OF Communipaw Bay
and to establish tide water basin adj
iacent thereto" approved April 4. 1879, be
and the same is hereby accepted, and
that there be issued and delivered as the
compensation provided for by said act as
the same as has been determined by the
Board of Riparian Commissioners of
Jersey City, BY virtue of said act, a
bond of the Mayor and Aldermen Of jer-
sey City to the State OF New Jersey in the
sum of $1,000. to be dated on the dav
concurring resolution of the said Board
of Finance and Taxation and payable
one year after the date thereof, Win in-
terest at per centum per annum, pay
able semi-annually, be and the same is
hereby ooncurred in by the Board OF FL
nance and Taxation, ana, further
Resolved. That there be issued under