| Show THE CREDIT OF THE CITY MANGER IT appears apkari from published statement I 1 given without that for the first time in the history of salt lake city its credit is rapidly sinking more than that it is in danger of being swamped this I 1 la the first time in the existence of the corporation that even a shadow has rested upon its ite credit but liberali liberal rule has in the brief space of one year brought it to the verge of ruin this dwine of 0 financial nati cial solidity was the cause of the bonds of the municipality being sold at 96 it Is ie also broadly published that the proposed sale of the old fort block is based on the necessities of the situation it to is stated that the that would accrue from disposing of a piece of valuable property be belonging loDgIng to the people to a private corporation is needed to save the credit of the city perhaps an adequate idea of the situation can be formed by a perusal of the annexed article from fridays friday issue of the salt lake times A non tion mormon paper and a supporter of the liberal party the we sale of the old fort block that has furnished the key for so much demagogic canting on the part of the politician for the wrinkled and horny palmed son of toil 11 said a member of the city council th this cokl afternoon is urged by more reasons than those that are visible from a birds e eye e view ive its alt all right for men to talk sentimentality and to taffy the poor man upon his rights and what humanity owes him but that sort of stuff has been served in such volumes that it has become flat and tasteless the poor man cant got get food or fuel out of sentimentality any more than a or a moneyed baron of wall street you cant settle bills with sentimentality the city realized that when they unloaded those bonds at 96 cents our credit must be protected and the only anly basis of protection rotee is bullion silver and and gold ang and bank notes in case the thing is not left to our preference but the sale ode of the old for block would effect our credit assuredly one hundred and fifty thousand dollars in the municipal till at this writing would make us fel like a newly blossomed rose it would obviate the necessity of appe appealing atin to a good many other alternatives that are at once expensive and embarrassing I 1 dont believe in paying n g extort extortionate onate tribute to the w sordid shylock ock until the avaricious son of israel has got us in his merciless grasp to be candid the city owes more morally than appears in the red for example it owes the property owners of this city for monies advance dl hows that very simple its for monies advanced by them on the extension of water mains and in round numbers it reaches J the here is somewhat eccentric for example if an application is made for a water me applicant under the ruling system is compelled to advance his proportion of the costs of the laying of the same in consideration of this advance he be gets a receipt from the tax collector and the advance is passed to his credit and ap plied in payment of his water tax say you pay 50 and your water tax is 10 per peir annum you obtain a receipt for five years water tax at the present time the city owes pro property arty owners worth of water a heap of money to some people and would carry manya many a man through a squall now lets see if we had we could apply of this to the payment of the people who have a credit balance on the cites books and redeem the receipts that they hold for water that it will require ua ire years ears to consume nor is this the only L desideratum idera there are other items to be looked after but they are family secrets however Elo wever it is better to take care of them while they are bagatelles than to permit them to become bugaboos buga boos anti hence I 1 say let us call in some of our resources and protect our credit weare we are afraid the family se secrets cretai I tave ave done more to demoralize the financial condition of the city than any other cause of course with those chose sub roea concerns the poor public has nothing whatever to do all that the people are needed for in that relation is that they may be mulched mulcted of their money to meet bagatelle family secrets 1 before they become buga boos what does this family secret business mean does it signify jobbery crookedness misappropriation of public funds or what family secrets will not bear the light so as a matter of course they must belong to the star chamber department of the chiy city government now the people are confronted conf routed according to a member of the council and a liberal organ with the imminent danger of a collapse of the credit of the city after an expenditure by the rule or ruin party of nearly a million d ollars dollars in one year with no commensurate improvements to justify this profligate of public funds the present government is loading itself up with questionable transactions aud and unmitigated public suspicion and contempt the citizens citi zeus of this municipality arp are rapidly realizing the foree of the old truism sm when the unscrupulous rule the people mourn |
