. New York city and vicinity during the war of 1812-15, being a military, civic and financial local history of that period. rnor of theState of New York, on principles of equity and jus-tice, subject to the revision and final decision of thePresident of the United States, and that the secondsection of the act of April 20, 1822, shall not be con-strued to extend to or apply to the said Daniel The bill was passed on 20th February,1823, with only two or three dissenting votes in theSenate. The matters were finally settled some months 426 STATUE OF GOV. TOMPKINS. afterwards by the Gove
. New York city and vicinity during the war of 1812-15, being a military, civic and financial local history of that period. rnor of theState of New York, on principles of equity and jus-tice, subject to the revision and final decision of thePresident of the United States, and that the secondsection of the act of April 20, 1822, shall not be con-strued to extend to or apply to the said Daniel The bill was passed on 20th February,1823, with only two or three dissenting votes in theSenate. The matters were finally settled some months 426 STATUE OF GOV. TOMPKINS. afterwards by the Government paying GovernorTompkins fifty thousand dollars in full.* What further has been done by the Governmentand by the State, and by the City of New York, tocommemorate the great services of Governor Tomp-kins in the war of 1812 ? Nothing! We knowwhat the City of New York should do—erect anappropriate statue of him in Central Park. * Some newspapers stated that thirty or forty thousand dollarsonly was paid. The writer was told by a man who saw the warrantor order that it was for fifty thousand dollars. CHAPTER Financial Standing of New Yorlc City—Annual Expenditures—City-Debt—Revenue and Taxation—Valuation of Real and PersonalProperty—State Taxes—City Fractional Currency—CharitableAid to Soldiers and to Sufferers on Niagara Frontier—CharterElection. HEN doubt and mistrust were over all in 181i, the fingincial standing of the city was of the highest order. The city debt, represented by six per cent stock, was only $700,000. In June, 1812, by permission of theLegislature, $700,000 city stock wasissued, although $900,000 was authorized, at six percent, payable in 1826^. This was the first permanentdebt of New York city. In April, 1813, this was three per cent above was then that the measure to establish a sinkingfund for the redemption of the stock when it becamedue in 1826 was adopted. The ordinance of August9,1813,set apart certain sources of the
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