The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1860-09-27
BALTIMORE.
THURSDAY, SEPTEMBER 81, 1860


The financial exhibit of Mr.. SWAMI, which ap-
pears in our columns this morning, will not we
fear, interest a very large class of readers. Mr..
SWAMI unfortunately has ceased to be regarded
an authority upon matters Of finance ever since
the days when he over-estimated the value of Bal
timore and Ohio Railroad stock, and miscaIcula-
ted the cost of the Parkersburg road; and 1t may
even be questioned whether the public would rely
impIicitly on any statement whatsoever coming
from q gentleman who has asserted the fairness
of our recent elections, and who claims TO
have been himself elected by an honest
majority of nineteen thousand votes in Baltimore
Had we received this document for publication at
an earlier period, it might perhaps have been in
cumbent upon US to show that in this, as in other
instances, Mr.. SWANS premises and deductions
are alike flllacious hut as Mr.. GILL, in COM
munication, which appeared in our columns yes
ter3ay, efrectuay disposed of the more important
parts of the Mayors communication, we are re"
lieved of the necessity of discussing his PROPOSE
lions, or attempting to refIte his conclusions
There are some few points, however, in this sngu-
lar message which need no comment, but which
are curously illustrative of the facility with
which Mr.. SWAMI distorts facts and assumes
the credit of results which he had no
agency in producing. He tells the public
he ''was satisfied in one week after Judge Bonn
Chad come into Office that the old police force
could be reduced and fifty thousand dollars saved
10 the city, but thatthc subsequent action of the
Legislature, by which the present force was Gre
ated, prevented him from making his proposed re-
commentator. In his anxiety to secure credit
for his intended economical movement, he I'M
happily forgot the fact that the Police Bill was
passed many weeks before Judge BOND was APP
pointed, and we are compelled to infer that the
MAYORS desire TO reduce the number of policemen
never took possession ofhim until after all control of
the police department had been taken out of his
hands He is assuredly not entitled to common
dation for entertaining these economical no.
tions when he had no longer any patronage
in the police line TO dispense. But we
are not much disposed to find fault with
Mr. SWAMI for the things he has left undone, in
view of the long list of good works for which, ac-
cording to him. we are indebted to his admins
tration. lie says:-'I am free to admit that
"during my official connection with the affairs
important enterprises have been projected"
and he felictatcs himself upon the "humble part
that he has 'borne in projecting and pressing for
''ward these great works of Improvement" He
then proceeds to enumerate the improvements
for which the City is supposed to be somehow or
other under an obligation 10 him. Among these
the MCDoNoGH Institute figures prominently.
When it is remembered that McDoNoGH died and
bcqueaihed large amount of his property to Balti
more City, some years before Mr.. SWAMI became
MAYOR, and that the latter has done nothing with
the fund during his term of office except borrow it
to build City Hall WITH we cannot but marvel
at the GOODNESS with which he intimates that the
MCDoNoGH Institute is to be regarded in the future
as one of the monuments of his administration. But
we do not intend, at this time al all events, to
review Mr.. SwANN's clectioneering message and
we therefore simply commend it, together with
Mr.. GILE's reply, to the attention of the public.