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Show "NEWS" FALSITY IN FINANCE. The News has made another original discovery in the city finances. Jt started its campaign with the proposition that the city's total revenue fur the j'car amounts to $16-1,444. When the absurdity ab-surdity of this was pointed out. the News, in its usual style, Dcgan to squirm' and attempt to justify its absurdity. ab-surdity. But finall3' it had to abandon it altogether, and to. admit that the revenue was from three to four times as much as it had'stated it. The present pres-ent j'ear. for example, will show a total to-tal revenue on taxation alone, for the cityy of upwards of $G1 0,000. On Monday evening, in discussing the balances in. the city funds, it followed fol-lowed the false lead of the Herald in comparing-the cit3'a financial condition just before the taxes come in the present pres-ent 3'ear with t lie conditions of those funds in 1005, after the taxes had been fulb' collected and paid over. The absurdity ab-surdity of thisf sort of reckoning is apparent to everybodj'. liven those who emplo3' it know its fallacy, and' thci' cmplo3" it solcl3' for the purpose of imposing upon their readers, ' The News's proposition now is that when the NMorris administration, went out of power it left "about $130,000 in cash on h'and." It did not lcavo that much in the regular funds; but' it left whole lot more, if the bond fund is to be considered. .So that the-Newa is guilty of its usual inaccuracy. Tho fact is that the News does not know anything at all about the city's finances or public financioriug of any kind. If ft were, in fact, a newspaper -of "Truth and Liberty," unbiased and candid, it would state the facts; which arc that there is an overdai't in the cit3' fund at the present time; there is also a like overdraft by the school district, dis-trict, by. the county, and by the Stute. These overdrafts are merely the result of the system of financiering established estab-lished by law. Each year's financial operations in the separate municipal units is supposed to take care of itsolf. As a matter of fact, it docs so generally. gen-erally. It will do so in the city this year. It will do so in tho State, less completely. It will do so in tho county, and in the school district. And the dishonesty of harping upon the dilVo-renco dilVo-renco in tho showing between the condition' con-dition' of the 'treasury prior to the re- . I ceipt of the 3'ear's taxes as compared with the condition of the trcasur3 after the receipt of those taxes is apparent to even the merest tyro in finance. , Hut this is not less dishonest than tho attempt to uiako it nppcar that it Is the city onl.y which is overdrawn, when this is so aliko of all. Tho News understands under-stands full3' that such comparisons as" thoso aro dishonest. And it is for tho ver3 reason that they aro dishonest that tho News is so insistent in urging them upon tho public. |