| Show nm I WI vt today the tIl r F port to tf to tio II la t tor ut t the year YI lI 31 ai 1911 Although Althou h it K Id Is of ut aVid It t will IU bf J b found u 1 M ry Dho Wio to ta ITU will bi hr able to we e thu t of ot Ih I II city eIty from till nil IB 18 s Inu also OIO ilu Ihl expenditure ni on hand huml of tho several funds fund tiro firo and nOlI nn th lb nil aUt tody arranged for tOl In the Is iiI or of thole are tully fully fUll It U will ut U b oen that lit city elt la Iii I in actual financial In Jt our oUI to thu tho very ery exo excel exiel l sent lent incase innie of ot the Mayor r wo W Hindu exception which WAS to the thu Horn Itom pf pr ilu IlI report loloi t HUtt road en ill illIon tin Ion ind December Rt Rl t IM 1 01 Me We explained tUt while this was it III i ic c Mir genso lenso correct It would ip IC o found an on that the i included money mOlloy to fund that lit li h un used d ox ept for tor the purposes tar far which they th tho vol O and designed Jn to be Ii drawn fillY train from tills l I tin Ihu city nt did tint nut tho ao no liml cash cn h named at ht Ita lt It disposal d for tOI fort tOIS S t city ell Now It if our flUE will tallO tako tho trouble to look Ionic at nt the balano OB tos a on hand of ot the tho m o lul funds set ac e forth in the tho th report tho will lint that it l takes tAkeR the whole of thorn ham tho added n ll tu to n tip ull i the Uw Hilm III said 1 to bo be niRh on 00 hand The fact II Ic that hut nearly nil all c of it linn haM boun already appropriated find And M la ki not hot Available lc for tor general ox oc e which must lie he m tail t from month to o month There In 18 I but a n amount actually on art hand linnI for tor tim the contingent k fund fun and tho balance for tor the pur posea ot Ut street and has Ms born already This leaves the tho thy Pity Council In a n position in III Which It will vIlI to 10 confront n a ser nor cr ious nu financial o Last taxed appear to bu bit almost entirely allowed Iv up ui and anti with tim tho obligations now IOV renting upon Ullon the municipality It Itis Itis is clear that will wilt have to bo be In anticipation of tho the taxes to toe Je e levied tho ho present yew CM We Ve We present this matter without any to rant aMt blame upon past pnat or 01 pros pres en nt I city That la 18 I not our pur purpose pose oso Wo We only desire delro to 0 draw th the atten nUen attention tion ilon of tho the taxpayers of ot this city to ac no actual condition There Is 18 neither lion hon tty Ity nor good wms ene In hI trying to 10 cover Up tiP the tho fart facts We ought to know Just Mh Io we stand atun Mill And what the City Council las has to meet We are drifting in III the wrong rong direction the thu city plunged lungo into Inlo heavy debt w wo we have havo been JIN talking about extrication e from Ha Its bondage nut Hut we wo are arc getting no better very cry fast Instead of ot hav fig Jus a n real rat balance on hand which was tuG tho ho condition when Liberal rule took tool hold of or city affaire wo have Itao botn boit to 10 coming taxes Jn hi n order to meet Year nr by b y 1111 nr tills has b bun tn continued nd now vo we have to commence earlier than limn C I to obtain favors flors from th thor the or batiks banks where whore city olty money is ts d IId funds tire drawn upon which have been heen H st t apart far tor purposes Some tome city Ity official not approve tit rt this plain statement of ot the truth lruth a n fact tAct Is made tint tind cannot be bt It U Is cui aol titi nuni lIum touts folkl to Ie Impugn the of tf r the lie or paper r tiit 1 resents It u to the public AVe We do stat not tare are n II li ll fur for any such nuch objection tion There l ere IB is nothing or In to what IW w have set let et forth It ft II U A I t that ought to 10 be he and nd V lw and measures measure bp bl in u Ii si SilO sion on as B practicable ble to g It git t out Jut Ut of It the depths and place Idice tIll uw city tt on firm financial ground ith to tak nn III upward ten tin tend tint d tl t icv nod and rid nil it of thu load willed which it to tarry arr or It I will he be permanently crippled Mid ut Hi Its 8 retarded Wi w how howver vr that under ClI ful tul I I ent and md vla wis wi economy lil h does docs not b any incani Signify our nur fitly city ell will ill be at nt I Urne not nor ot very for far rt relieved r from frum 1 ai U tire are JoUi I t I it II us liS S u Kt gl I of or f bu tH nil nl a n of uni t i nee nce and 1 gi Mote i I be If |
