Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-06-20

city OF Galveston will afford to the
world monument as an eXempliicu-
ton Of civic pride and ambition not 10
be seen In any other American city, no
matter what enterprise is concerned,
A STILL GREATER EFFORT.
This seawall, however, does not COM
plete the ideal conditions sought by the
strenuous life Of this city.
An additional two millions Of dollars
is being accumulated for the purpose of
raising that part of the island occupied
by the city TO an even height with the
seawall. II Is proposed that the city
be filled with sand pumped by hydraulic
power from the sea, or otherwise, TO
raise the grade 20 l6 feet next to the
wall and sloping 10 the present grade Of
about eight feet on the bay shore, or
north side Of the city across the island.
For this purpose the state government
Is RENTING a portion of all taxes paid
by the city for a period covering Il
years. A bond Issue viii be made and
the RENTED taxation win make the
bonds secure. The hin and charter pro-
vide for the issuance OF these bonds
and strictly forbid that this money be
used except for a sinking fund for the
bonds which must be issued for the
work, There is now available a little
over $4,000, which can be used la pur-
chasing bonds
This Is better explained by the provi-
sion in the grade raising bill passed by
the legislature with a view Of aid Ing
Galveston in this undertaking and pre-
scribing the handling OF the money.
Section Of the grade raising law says:
1.-THE moneys herein and hereby
granted and donated 10 the city Of Gal.
weston are declared to be q trust fund,
for the purpose Of aiding the city Of
Galveston In paying the interest
and sinking fund upon an is
sue or issues of bonds, the proceeds of
which bonds are to be used exclusively
for the elevation and raising of the
streets avenues, alleys, sidewalks and
lots in said city above Calamitous over
flows and for securing and protecting
such filling. The use or diversion Of
such moneys for any other purpose
whatever is hereby prohibited; pro-
yided that whenever the moneys in
the hands of the city treasurer received
from the state under the provisions Of
this or any previous law shall exceed
the sum Of one years Interest and
per cent sinking fund on the bonds
herein referred TO that have been is
sued and are then outstanding, such
excess shall be invested 10y the city In
the purchase Of said bonds. A viola
ton Of the provisions OF such section
shah constitute "A msapplication OF
public money, and the person or per-
sons 50 offending shall be punished as
provided for In article 96 Of the Penal
Code OF Texas"
The following extracts from the new
charter are self-eXplanatory and inter.
esting:
Section SO provides for the Issuance OF
s. 900 600 bonds Of 500 each 3 per cent
due IN fifty years. etc, and their pro
ceeds shall be used and expended Tor
raising and filling TO grade the avenues,
streets, sidewalks alleys blocks, out
lots and lots In said city. viz:
First In point OF time:
Beginning AT or near the northerly or
Gulf end OF Twenty-fifth street or
Rosenberg avenue and north Of the site
Of the Galveston seaWall. as designated
by order Of the commissioners court NJ
Galveston county. and filling easterly
and westerly therefrom simultaneously
covering the same area.
The territory TO be $50 filled is bound
ed and described as follows.
Beginning at the intersection OF the
north line Of Broadway era Forty-titth
street. where the levee designated by