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FIFTY-FIRST CONGRESS, 1889-1891. 1295 
Mr. J. J. Hempuiiy. | will state to the gentleman that at the time 
this report was prepared we were in the last fiscal year, and we put 
that provision in it because the appropriation seemed to carry all 
the money that was then in the District treasury. 
Mr. Bucuanan, of New Jersey. Then am I correct in under stand- 
ing the gentleman to say that it will not be necessary for the District 
to borrow money for this purpose? 
Mr. Hempurtu. No; I can not say that it will not be necessary dur- 
ing this fiscal year. We have provided in the bill that the District 
may borrow the money at 3 per cent. 
Mr. Bucuanan, of New Jersey. That is what I am trying to get at, 
whether if this park is established it necessitates the District making 
a loan and paying for the land. 
Mr. Hemputtt. It does. 
Mr. Bucuanan, of New Jersey. To what extent? 
Mr. Hemputtt. To the extent of one-half the amount. 
Mr. Bucuanan, of New Jersey. What is the amount? 
Mr. Hempuiiy. Twelve hundred thousand dollars. 
Mr. Bucuanan, of New Jersey. Then if this bill becomes a law it 
will be necessary for the District of Columbia to borrow $600,000 to 
pay for this land. 
Mr. Hempni. Yes, sir. 
Mr. Bucuanan, of New Jersey. Does the gentleman think the Dis- 
trict ought to do that? 
_ Mr. Hempentiy. I do; and the House has practically agreed to that 
already by a large vote. I will say to the gentleman that the value of 
the improvement to adjacent property is to be assessed upon that 
property, which assessmept the bill passed by the House allows the 
owners of the property to pay in four annual installments. Until the 
revenue comes in from the assessments upon the benefited property 
there must be a borrowing by the District. 
Mr. Bucwanan, of New Jersey. And the General Government, 
which forces this park upon the people of the District, generously 
compels them to pay interest meanwhile. 
Mr. Hemeniiy. It may be generous or not, as the gentleman may 
look at it. 
Mr. Bucuanan, of New Jersey. I do not think it is. 
Mr. Hempuiiy. Well, that has already been agreed upon. 
Mr. Bucnanan, of New Jersey... I opposed the proposition when it 
was up before. 
Mr. Cannon. I wish to inquire of the gentleman from South Caro- 
lina [Mr. Hemphill] whether the conference ‘committee took into con- 
sideration the necessity or propriety of increasing the rate of taxation 
in this District, so that this park may be established and the legitimate 
expenses of the District in other directions may be borne. 
