Show THE CITY lin riN FINANCES ANcEs SOME ridiculous Munchausen ish rumors rs have been industriously maliciously and slanderously concocted and circulated of late concerning eer ning the city administration and the wildest statements misstatements mb have been made and published for the express and calculated pur purpose of making political capital and producing m a prejudicial effect partly here bere but chiefly at a distance against prominent citizens particularly and the municipal auth authorities authority s of the city generally not for the sake of the unprincipled and dastardly originators of these wild and wicked misstatements would we offer one word of eom tom comment or explanation because those characters are worthy or of public contempt but for the information of a the better portion of the public we may say sax sa 1 a few words ya on the faist filist of january nuary 1874 the liabilities of ef the city were for bills payable borrowed money etc 12 00 due on steam fire eng engine 11 e 1 and anu payable nov 13 1874 00 making a total of liabilities of lg ig 00 per contra the tho the city had to its credit bills receivable 03 of which amount 00 had bad be been an loaned to the city Gass gasworks works company at 12 per perr cent per annum with approved security jor for the principal city taxes due last roi jot as year but unpaid and not harsh harshly pressed for payment because of the hard achard times f but at it least ast seven eighths of the amount safe as the bankard bank ban kand and aud morally certain cert aln ain to be collected within two or three months 16 making a total to the credit of the city of 19 deducting from these credits the 00 liabilities 16 leaves avus aves a balance iu in favor of the city of 19 or nearly three times the balance that the territory can show in its favor thus it will be seen that contrary to all the detractive anz and slanderous lies which have been so keenly relished and eagerly gloated over the territory can show thirty five thousand dollars in its favor and the city nearly dearly ninety thousand dollan dollars with probably yas as small a proportion of bad urbis arld doubtful bills as any nuy auy other city or terri territory tory or state in the union these are rather hard nuts for the carpers to crack but to taxpayers we may say tha the above exceedingly cee creditable condition and with a continuance of them thet admirable management that has made that condition an undeniable den deniable labie lable fact both as concerns the city and territory the rumor of a i proposed largely increased rate of taxation assumes a doubly vile appearance pe arance and the real condition or of the municipal finances and the conduct of the municipal affairs afford a large amount of unalloyed satisfaction to every well dispo disposed ed citizen |