Show OUR ST LOUIS LETTER the nicaragua canal business aunins paired work in fraens prospects municipal matter Mitt tr ST louis may SO 30 1892 great inter est cat Is felt in the nic nicaragua abagna canal con bention ven tion which incela here the first week in june and for or which great preparation a ra tion Is being made st louis the bulk ot of the wholesale trade of and central america Is especially poci ally interested to in the canal project and that to if why tho the city was selected tor for the convention the canal company wants wanta a subsidy from froin the govern ment and the convention is to meet juno june 2 in order that the national conventions vent ions of both political parties may bo be petitioned to put in their platforms in dor of the company and its requests morris M estee the lican leader of california will be liero here and will afterwards go to minneapolis ta urge the claim of the coin company P adv before that convention a and nd don dickinson of detroit will do ao the r came me thing before the democratic coave convention 11 ll tion tho the fall of the water in the mississippi mis hows how immaterial has been the damage to st SL louls louis although there have been scares of water w ater and coal famine in abundance abunda the lost last few weeks As ass matter of fact the flood touched the real business life of the city very lightly light people who live it IVO out ot of of the river would have known nothing of it but for forthe the papers and nd to many it was simply a spectacle to be wondered at from the tze big bridge brid e find and the decks of the excursion boats boang thousands of dollars have been raised by the merchants B xelia and the newspapers to relieve the distress dist ress of the poor or river dwellers whose homes ha veren inundated and tills this prompt generosity has prevented much suffering the damage to the railroads and the levee interests has been considerable railroad Hail road men say that the deposit of earth left by the river when it recedes will strengthen all the embankments bank ments and trestles that have been DVer overflowed flowed it is remarkable that the only accidents that have occurred on the st SL louis roads since the flood bogan began have been caused by the carelessness ness of conductors who ran their trains a against dinst orders and not by the water ah xh the workingmen working nun of the city will profit by the overflow for every unemployed laborer hero will be kept bus busy for or weeks cleaning off the levee ans and out the onried switches of the manufactories manu factories along the river front corrupt politicians who look on a city as something to be taxed and dered would not understand at all the contest that has been going on in the municipal assembly of st SL louis in the dinst few days the comptroller wanted 10 cents on taken from ahe tax rate believing that the city would increase so BO rapidly in the tax values during the next few years that it could afford the reduction the house sustained him but the council wanted the surplus money appl applied icI to tho the payment of t the ic cites debt the won and thelah the lax rate era coar down in 01 assembly se m babo bl it was dovel developed ofed that the city ta taxable property Is I 1 acir easing at an rote af iq a year the inari at e auxt year ding to the statements of Asse assessor obrien will be the solid prosperity of the city can better bo be understood w when hen it ft Is explained that this tax reduction Is undertaken while the city is building a city hall to cost a million dollars and a system of water works that will cost over five millions |