New-York tribune., 1894-04-17
MOTHER LETTER FROM MAYOR GILRoY.

.,.oruER LETTER FROM MAYOR GILROY.
AGAIN SETS FORTH HIS OBJECTIONS TO THE
- CHAMBER OF COMMERCE BILL
.,.- crroy replied yesterday 10 the letter OF
~ Csonber OF Commences Rapid Transit Com
." ., which ex-Nayor Hewitt Is chairman.
n'> w ,,r,,+,ee's letter was in answer to the May
- latter Of April to the State Senate. opposing
"' csoher ~ Commerce Rapid Transit bill. The
w.,or secs nothing. he says. in eX-Mnyor Hewitt
.,.r N change the Views which ne ieit u 10 oe
,' w. - % Mace on record. At the same time. he
.. M, believe that what he says can be expected
~ srsc, the course OF legislation. yet he thinks
!. ,,,n no interesting to look back upon his
" ~ n,an the questions that are treated now as
', ,ss t,ture shall have become questions OF the
,..snt He does not mean 10 be deferred from
s..-,orn,nC what he conceives to be his puohc uuF
hv ssnersions insinuatons or slandeiS from any
source. .,,os. ..>,r
NJ G,lrov proceeds In part as follows MI
-. savs that have overlooked entirely the
-, =, the Sinking Fund. He Is mistaken
~ .vor,ss of the Sinking Fund were not over
,,otA, IN nv review OF the situation lhey Werr W
moi mentioned because they are PeuuSS .or3ot he
~ the redemption Of the city DEBT ana Cdl'iio' ",
y. ,si az for public improvements OF any kha . ~
Hewitt is therefore. In error AZ maere' % td o 70,
~ ~ ne above public improvements) were paiq 10. I0
a., AZ ~ the proceeds Of the sale of bonds ana no'
"a oa Of the Sinking Fund There was sradna re-
SuciSn ;nS.S Of b6n Sf ftE or IsS s Since time
,.r N the vigorous prosecution OF pubic NM PI,
ments and the purchase OF aTET 49, is 49, Si6c
NJ M notwithstanding the increased revenues ~ NJ ~
slnking Fund II are - use the rtyenues "
Sinking Fund Of which to consruc. t"P,n ~
transit railroad or sell bonds 10 an amour, tGudl 10
- well a up IN" taxation per
rS,.ad hy the increase in the assessab!e VaI1 ION
nothing can be clearer than that We shou'1 ~ 0''
Ing the candle at both enas 10. ,h, .x,onses
scontrarv to the general impression the tNi't''sS
~ the CITY government have not ma; a;erl'.l! ~
creased since 1876 although the popuidton "d ,euI-
crea sod according the State enumerauohs OF 20
and 1892 from lO4l SSb to lSol oo' ~ e. Al 20 q s.
heen reduced In nineteen years from = 70 e 80 o..
7. ,s now gravely proposed 70 spend TOT t''e oI'-
s,,c,ion 81 rapld transit road not only th' reNr-
nues OF the city, wncn are PsIRR1d 80 o raisad
m the future possible increased valuation D' aiSo
IA Increase to en- unknown extent the IAte Sl az"
ZION for the same purpose. This. too, When Ihe -
general improvement IN the nnanca M a.1 hseY thst
private capital is ready in abundant supply to IN
vest in :he enterprise. - 49, ..t.,o
Reference is made by Mr. Hewitt 70 an a.tiC, t',
publshed BY me in The North American EeNleW
q the wealth OF New-YoTk. This is entirey ior-
On to the matter under discussion. Inc oDJeC;-
ion made 10 the bill IS that II is
ecause the expenditure authorized by u "ouII =
c.sd the 10 per cent limit OF indebtedness "iseiy y
Prescribed by the constitution. ana preSc'lDsl' ~
ny judgment. against just such conungehcles a. a.
the present The city Is possesScd OF eiS@u
b,t that furnishes no reason whY she shou.G en-
upon enterprises which are the legit@na'e una ter I,
private capital and private energy. Inls scheln
carried out will be the entering wenge. alteI WIZ.
The city may be expected TO purchase all the SUI
sacs rslroads ferries etc and become thor
oughy paternal municipality pHneVe !'iau 40 TO-
the proposed acts are plain violations or @
Of the spirit. al least. Of wise ana Pi1lirM. ~ ~ ~
vision OF the constitution. and II enacted mo "a :, y
ether act will establish a precedent fraught wiz
he greatest danger 10 the future h"a"0i' 80"
Gity OF our city