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Show FINANOIAI FORECAST VERIFIED Hion on Thursday tho figuroa of tho overdraft of tho contiugout fund wuro shown to us, an used oditorlally in yosterdny morning's Tribune, wo paid that from those figures tho Horold would compute u deficit of ovor $200, 000 at tho ond of tlio yoar. Knowing Know-ing tho Herald b imbocility lu tho matter mat-ter of financial reckonings, knowing its predisposition towards error on every possible mibjoct lu wldch error can bo rnnchod, and knowing itH animus against tho American party, it was oasy to predict that tho Hornld would oomputo a doficlt of ovor $200,-000 $200,-000 nt thu ond of tho year, in spito of tho plain showiug which tho figures made. That forecast has boon amply justified. Tho Herald yesterday morning morn-ing fell eusily into tho obvious blunder, and unthinkingly computed a debt of $203,779.33. Tho thirty-throo cents aro in tho nature na-ture of a clinohor, probably, to carry a similitudo of truth and of exactness; and yot nothing could bo further from tho mark than tho figures arrived at by that paper. Tho fact is that tho finances of the city for tho present year will como out just as near even as thoy can be reckoned. Tho year began with an overdraft of $90,ooS.37, as is seen by tho auditor's report as of December 31, 1906, page 71 of tho published reports of the city government for last year. Tho deficit at the closo of tho present pres-ent year in this contingent fund (which is tho only one to be reckoned with in this connection) will bo $So,-000, $So,-000, as near as can now be reckoned, - provided tho city officials use the utmost practical economy, as thoy arc sure to do. The Herald 'b figures, with its wild talk about injunctions, bank. ruptcics, deficits, constitutional limitations, limita-tions, and all that sort of thing which has no application to tho case, is simply tho raving frenzy of the heated, season. It is a little surprising that .the Herald, after beginning its foolish discussion of the city's financos, its misstating of facts in a way that com-pols com-pols antagonism and correction, could bo so blatantly calling for a cessation cessa-tion of hostilities. Why should the Herald striko a blow and then yell to .havo tho light, stopped 1 Cannot Can-not it faco the music? Apparently not. It shies a brick and then ruus aud yells to have the fight stopped. But that is the Herald's way. There is nothing surprising about it now any more than there has been in the like tactics heretofore. The Tribune presented tho . true figures in this matter yesterday. The income of the city from the tax levy will be, as near as can be computed, $230,000 for the contingent fund. Add to this .$300,000 from licenses, fines, forfeitures, etc., and wo have a yearly rovouuo for this fund of $530,-000. $530,-000. The expenses for tho first half of the yoar chargeable to that fund wore in total, .$374,141.05; that paid up the old overdraft on this fund; paid $17,930.03 in judgment damages inherited in-herited from former administrations, paid upwards- of $33,000 in interest, and other extraordinary demands. The expenses for , the coming six months on tho normal basis are reckoned at $240,000; this added to the $374,1-11.05 spent during tho first six. months, including extraordinary expenditures ex-penditures on this fund, makes a total of $615,000, or $85,000 in excess of tho $530,000 revenue. But as thu year started with an overdraft of $90,00C on this fund, it will bo seou that there is nothing alarming about, this. Tho financos of the year will come out about even, with nothing to alarm any one and no cause for even tho least anxiety, let alone the frenzied terror assumed by the Herald yestorday morning morn-ing in n double column scare head. The city officials are, in fact, getting along very well, and nobody need to bo in the least alarmed about thorn. The city administration is proceeding in a buslncss-liko way, nnd will pro cccd with all due economy for the on-suing on-suing six . months of tho present year. The Herald had bettor no and take a bath n hrtif eut and h shampoo, calm flown anil tnhe Us nfril Hdvlwii to quit jawing, especially thUt Vfhilih. & ehilflt ish igiiurfth anil hkUpia: |