The morning times., 1896-01-24
BOND BILL SPECIALISTS
Board of Trades Commission of
Seven Ready for Business.
WANT ORDER OUT OF CHAOS
Week Some Resolutions to be
PigeorHoied, Others to BE Boiled
Down-Some Misapprehensions Cor
rected.

| President Wooiward's special committee
| OF the Board of Trade will hold its first
public meeting on Monday evening next
having organized for business.
The function of this committee of seven
tions which have been submitted to the
| board with II view OF STRENGTHENING out
the tangle as to the expense of the pro-
posed highways and sewers. The appoint
ment of this committee was a compromise
measure, but it was opposed by as many as
| fifteen OF the most influential and prominent
members of the board.
| 1t happens, however, that one of the most
| important resolutions which was to be
argued before the board was not presented
by reason of the appointment of the CON-
mittee. AS these resolutions will, no
doubt, be up again, no matter what the
| recommendation of the special committee,
| they are here given:
THESE WERE OMITTED.
Therefore BE 1t Resolved, That the Board
of Trade, after full and intelligent consid-
| GRAFTON OF the whole matter, would urge
upon Congress the immediate Introduction
and passage of bill providing for the
| issuance OF bonds payable at the expira
ton of thirty years, or as much sooner as
may be deemed wise and necessary, said
bonds to be with interest at the rate OF
three t3) per centum per annum and pay
able annually!
That the total amount OF said bonds be
sufficient 10 pay for all condcmnations
and awards made under the act above
named. and that a liberal estimate OF the
amount necessary be made by the Commis-
sioners OF the District OF Columbia aud by
them reported to Congress.
That said bonds shall be issued by the
Treasurer "f the United States, to be sold
by him At such times and in such amounts
as will admit of his paying promptly all
awards TOR DEGREES in conformity with Sec
tiun 16 of said act; and
Be IL further resolved, That Congress, in
| the act of June IL, 1878, esta tablishing the
present form of government for the Dis
trict of Columbia, provided that: ITO the
extent to which Congress shall approve of
said estimates tmade by the Commissioners
aud revised by the Secretary of the Treas
ury), Congress shall appropriate the amount
of 30 per centum thereof, and the remain
ing 90 per centum of such approved esti-
mates shall be levied and assessed upon
the taxable property and privileges in sa id
District, other than the property of the
United States and of the District of Coium-
bia,' we hereby consider contract or
agreement applicable Ia the condemnation
of aud payment for property taken under
the act of March g, 1893, and binding on
The National Government as well as the
District of Columbia.
That TO assess one-half against the prop
erty supposed to be benefited is simply
confiscation of private property to that
extent; and
Be it further resolved, That if Congress
should not deem ii wise or advisable at
this time to provide in the manner named
for the judgments of condemnations. that
the aforementioned act of March 2, l 500,
be Immediately repealed by Congress.
m MISAPPREHENSION CORRECTED.
It's expected that there will be IN effort
made to impress upon the COMMITTEES the
are bowling for the street extensions. Ore
Of the members who was prominent i'll the
debate at the last meeting, said last night:
81 notice that the Star makes the ,,oint
that some people, evidently meaning Tire
Times, first allege that the property he'd
ers were ring trying to get the extensions
through and that as a matter of fact ,Ie
property holders are objecting.
NOW, the fact is that the property hold
ers are not cbiecting to the street ext"n-
sions but % the little that will be lcf. ei,cm
when the Commissioners get through con
fiscating their lands by general and special
benefits, and these latter amount to rob-
berry pure and simple. Even Mr.. Chaplin
Brown, when he was asked at the meeting
if the people were satisfied, said yes Il
the general and special benefits We're lis
allowed.
"This appears to be the basis of tie
objection and not the street extension
scheme, as stated by the Star. This was
of course only intended as pointer fer
the committee, which will undoubtedly be
punctured by Mr.. Mattingly.'
Another member said that with Iaem-
bers of the committee and the Commis-
sioDers on record as contradicting Zach
other as TO the cost, and that nobody, es-
pecially Congress. would pay any attention
to the committees recommendations tn
less they were in accord with facts ard
figures and not theories.