New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-02-27
SIX MILLIONS FOR DOChS.
A SET OF BONDING BILLS INTRODUCED
AT ALBANY.
wuE1r oByEcr Is TO PERMIT THE CITY TO Sc
CURE PROPERTY AND BUILD pOCN' DE-
TWEEN CHARLES AND GANsEVooRT
SITS ON THE NORTH RIVER. AND
SEVENTEENTH AND TWEEN
TY-THIRD SITS. ON THE
EAST RIVER.


.,hao,, E,ah % (SpeciaD.-Edwari c. o breh'
49,. % ,be DocI; Board of NewYoTk, brought
80 today five bills one of them authorizing Vac
,s.uanca Of S. 100000 worth of dock bonds oy ll'c
oi,, Tho bills were introduced in the Asseip'!
by Mr. Wilson. +, ,,,s -,
eve get per cent on our 'hVeS''ile'-s =,
.,i, General O'Brien and we can borrow money AZ
. ~ osnt The city. therefore. will make money
by the operation. The Cunard ana '''e ''"' ''''~
need larger quarters" He also said;
In order to complete the mpEovemen,S Of WHEN
Charles and Ganseyo S sts nT of the
sinkng Fund it will be necessary for the CIV 90
sc91ire tine pTOf BeRane and ansevoor 1t Is
Estimated that the value Of this & S M sum
s5rus aaon te the two blocks below GetWSsn
Bethune and Charles s w gronerty BY the
co., f Ine ,he purposes mentioned viii change II
use and is The only aySaH IN ,Re conges,ve sec
Hons OF the water front OF the North Nv W. hulk
IL WILL WIS s'I betwe Seventeenth and Twenty-'hrd
cts for the use of certain domestic Shlpp!S ~"
,hesa imnroyements can be made the Sound ship.
ping will be transferred there IL IS IN a. 0 o
ffnen6Pmnation proceedings now in progress for
the acquisition of other properties on IT
ndcb altogether would swell the total sum for tne
purchase price of property and constructor p"'-
'f;nder the present law the amount Of Cock bonds
issued in any one year Is meu 10 Sock bonds win
svs ~ he issued in order that the improvements
may be speedily carried out one OF me o'ils d ~
5000 600. but not more than s2oooV'V III any o'''
year. ,, ., ,be nronerty
between Bethune and Ganseyoort SIS. on 5s
River and Seventeenth and TweH'y-thru sts ~,
the East River shall be vested In the c,H w"n1 d
four months after the commission Of estimate anu M
assessment shall have filed their oaths or orlCe
were also introduced. This legislation Is absoutey
necessary in order to put the clg oss Me- Yne
visions being made for proper ana rcasolaple Ho'
pensation to the owners lessees Tor the damage
These improvements when completed VIII provide
Elk new piers the North River Tor the IaL e.,
River for domestic Shipping ara WI az go, Goa e.
the allotment of a suitable space LOT It" Ia. =
wise steamer lines. sailing SHIPS maikTt ooS "a ,iT
other vessels engaged in the transportation OF Du ~
ing or other bulky material, now caiipeu anu The
oonvenienced in ransacung the'r rSaTsnts Of
nsramount importance. and every effort VIII De
rTaSe 10 push the work of construction 10 compier
ton as soon the city Is placed IN possess'o" %
the property sought to b. ACQUIRED. r. ,h
While the encouragement to the commerce OF 1he
city rather than the amount OF revenue 10 be de-
the matter vet on this expenditure of So1.VD the
CITY would receive 10000 in revenue ANNUALLY, OF
without IN liking the rentals burdensome TO- the users
and occupants of the water fronts The city will
receive more than 100000 for the present yer , III
revenue derived from the dock system ana ulllei
the pToposed Improvement it will ada 10000 more
TO the city revenue, which %il go into 'he SINKING
iuD ~ Ills were introduced providing that when
.ver tho Department ot Docks Of the city or New
Work shall have established plan or plans lot tEe
I1oard Of Street Opening and improvements snd'I
have exclusive power. upon TIE apphcau9ni o. .he
sn Of any streets adjacent 20 the water fronts.
I'd also authorizing the Board of Docks TO NIX the
a1ary ~ NC engineer and chief Of the department
o. not less than 5000 more than $1,000 per an