Show INCREASING BURDEN According to the official figures fur furril furnished ril ed by the city auditor the over overdraft overdraft draft in the contingent fund which Is the general expense fund of the city was on June 20 According to the same official statement the net to total total tal overdraft on all city funds for the same date was over Six months of operations remain to tobe tobe be met out of this years ears taxes which wIll be paid in November and at a avery avery very conservative estimate the deficit in the contingent or operating fund will be over after all the taxes are in That tells the whole story of the itys c financial management under this administration a management that Is deliberately creating a deficit in spite of the fact that the law prohibits such action a management which Is willing willingto to continue a recklessly ly extravagant policy in the face of a certain shortage In funds at t the end of the year Incidentally it may be noted that th the American morning newspaper which got the city auditors state tnt at the same time It was given n to The Herald did not publish the figures although the average newspaper would d regard fEgard the showing as a matter of con news Interest particularly to the taxpayers It did however assert that this deficit was due to unpaid Maims aims left over Oer from the Morris ad administration administration ministration The assertion Is not true but even ven If It were that would not excuse the thel jp l bf the Thompson admin administration administration It is eighteen months since the Americans took office they have had ample time to make their expenditures expenditures fit their revenues They knew about what the they were receiving and what the they were expending Th They chose to Ignore the commonest rules o of bus business Jus Iness caution and have already load loaded d the city down with what will be a heavy burden of floating nees I by the end of the year Jear The They have I reached the limit or of taxation under unde the law and they disregard that obvious fact They mean to spend all the mon mOIl money EY the they can regardless of income and then charge It to a previous weak puerile def defense n a baby plea that Is Il a confession of in incompetence incompetence competence on the face of It The city administration ought either to begin economizing or else stand tand up admit that It has no Intention of running the cit s business on business s principles It cant cone come In ei eighteen months after It took office and offer as an eXCUse for its extravagance what it Is pleased to call the Ule short shortcomings comings of a former administration |