New York: Commissioners of Sinking Fund, June 19, 1871. Broadside printed at the end of "Boss" Tweed's period of control over Tammany Hall, with a forced sale of the city property used by the city's food markets, in a last ditch effort to raise funds due to an enormous city debt.
Tweed had developed New York in grand style, making huge infrastructure improvements; money had reached everyone and taxes had remained low. In order to finance all the development, Tweed had sold too many bonds; now the bills were due and the city debt approached $100 million.
Tweed's financial house of cards collapsed. In 1872 he was convicted on 204 counts of misdemeanor fraud, and ended up in the Ludlow Street Jail. Political reformers then took over the city government.
The broadside notes the opposition of the "holders of stalls" to the unconditional sale of the City property on which they conducted their business. Nevertheless, the broadside states the Commissioners resolution to sell the "several markets of the City" by sealed bids to be received by the Comptroller until June 15th, 1871.
The broadside records A. Oakey Hall, Mayor (Abraham Oakey Hall, was also accused of graft along with Tweed, but acquitted), and Richard B. Connolly, Comptroller, and the 4 Commissioners of the Sinking Fund. W. H. Dikeman, Clerk of the Commissioners, printed at the bottom.
A postscript notes that since no bids had been received "for the Centre, Jefferson, Essex, Union and Tompkins Markets" and that the Comptroller was authorized to receive bids on them until July 10, 1871.
21 1/4 x 29". Slightly chipped top and bottom edges, some cracks at period folds with slight loss to text. Period china marker strike outs to the post script and to the printed date at lower left. Good + condition. Item #24451