Tweed had become dissatisfied with the old Tammany Hall building, and a site for a new hall--the present location on Fourteenth street--was secured. The funds in hand for the building were insufficient, however, and had to be augmented by private subscription. It well illustrates the liberality with which the Tammany chieftains were supplying themselves financially, to note that when John Kelly, the Grand Sachem, at a meeting of the society announced that a loan of $250,000 would be needed, the sum of $175,000 was subscribed on the spot, fifteen members alone subscribing $10,000 each.[2] A far more astonishing incident happened in the Fall of 1867, when Peter B. Sweeny, the City Chamberlain,[3] announced his determination to give to the city treasury, for the benefit of the taxpayers, over $200,000 a year, interest money, which before that had been pocketed by the City Chamberlain.
While the “ring” was plundering the city and plotting theft on a more gigantic scale, the Sachems, many of them implicated in the frauds, laid the corner-stone of the new Tammany Hall building. The ceremony was marked by the characteristic pronouncement of virtuous-sounding phrases. “Brothers and friends,” rhapsodized Mayor Hoffman, “in the name of the Tammany Society, I proceed to lay the corner-stone of a new hall which will, for the next half century at least, be the headquarters of the Democracy of New York, where the great principles of civil and religious liberty, constitutional law and national unity, which form the great corner-stones of the republic, will always be advocated and maintained.…” The “braves” then marched to Irving Hall, where Tweed, Sweeny and Connolly had caused such inscriptions as these to be hung about: “Civil liberty the glory of man”; “The Democratic party--Upon its union and success depends the future of the republic. He who would seek to lower its standard of patriotism and principle, or distract its councils, is an enemy to the country.” Gazing approvingly on these inscriptions from the platform sat Tweed, Sweeny and Connolly, A. Oakey Hall and a host of Judges and office-holders of all sorts, while Andrew J. Garvey (who will reappear in these chapters) conducted the invited guests. The building of this hall--an imposing one for the day--in a central part of the city, gave to the Tweed combination an advantage of no inconsiderable significance.