Copy of the Veto Sent to the Councils

Cover Copy of the Veto Sent to the Councils
Copy of the Veto Sent to the Councils
Dc Mayor Georgetown
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— Arithmetic and the English language can work out and state no other conclusion than that. It is quite easy to indulge in refined theories and fanciful speculations, and however amusing they may all be in the abstract yet they will all be smashed up by the hard and irre- sistible logic of a tax-gather of some kind.
Should the proposed building involve a debt of $50, 000, and it will, under the proposed contract, cost you more than that, no plan can be devised for its extinguishment that will p
...revent an additional cost of $20, 000 for interest. And I here only assume tliat the average time, when the interest wdll be running upon the whole debt, will not exceed six years. I presume that no prudent or experienced person would allow himself to anticipate an earlier extinguishment than that. Then your Market House will have cost you $70, 000.
Now the question is this — do you think, gentlemen, that the people of this town would consent to have a direct tax imposed upon them for six years to build a :Market House to cost $ 7(), ()()0 — do you think that tliey would submit to it, for a single moment 1 Yet that is substantially and truly the identical measure to which I now, after mature deliberation, most respect- fully decline to give my approval.


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