The herald

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large compensation for betraying their

fellow smugglers, testifying at the trials

for the prosecution and for having lurn

islud information which led to the seiz

ure ol thu old steamer Haytian Repulbic,

the vessel employed in currying coolies

and opium to this port.

Petitioners Jackling and Blum claim

that their services were largely instru

mental in securing judgment in favor of

the government. They want $8000 as re

muneration, half of the procoeds of the

sale of the Haytian Republic.

Tbe United States district attorney ex

pressed the opinion that the smugglers

had already received all they were enti

tled to ir. exemption from prosecution.

WILL NOT REFUND

Because Bonds Arc Past Due and Bear No

interest

SACRAMENTO, July 17.-The board

of city trustees met this afternoon for the

purpose of taking action witb regard to

funding the city's debt, amounting to

$640,000. Trustees Devine, Kent and

Wachhorst, who several weeks ago were

earnest advocates of refunding,announced

that after having interviewed a large

lumber of taxpayers they had come to

he conclusion that it would be better not

.0 refund, as .$400,000 of the old bonds are

past due and not bearing any interest.

Mayor Stoinman said ho was confident

that in July, 1880, the city would he. com

pletely out of dobt, and it was bettor to

wait three years than to pay interest for

forty years on bonds which do not now

draw any interest. He said also that tha

bondholders, if the refunding proposition

was defeated, would offer the bonds to tbe

commissioners at fronr 85 to 88 cents on

How to cite this articleCómo citar este artículo

The herald. (1895). Los Angeles [Calif.], 1895-07-18. Haiti in the American Press. Library of Congress, Chronicling America: https://www.loc.gov/resource/sn85042461/1895-07-18/ed-1/?sp=5

ReferencesReferencias

Library of Congress, Chronicling America: The herald, 1895-07-18.