Wilmington daily gazette., 1874-06-26
MUNICIPAL FINANCES,
THE TREASURY DEFICIT.
DISCUSSION ON THE SUBJECT
The Council Proceedings
The Treasury Deficiency.

lHF SUBJECT DISCUSSED Ply CoTrNcrr
NIX. HAYES RFsoLU lions AND THE
DISCUSSION THEREON.
Al n nesting OF City Council last evening
Mr.. hayes arose and referred 10 the isrt
mat the itemized statement of the late
iIeasurer's alleged deisication had not vet
oeen presented, and said he understood that
Mr.. Woolley had not yet Commence unon
u, as ne MIR. W. considered the current
accounts ot more Importance than the state-
ment in question. This, said Mr.. HAYES ia
the nrst knew that wo were paving 5000
per month IN addition to the 'rreasurer's
salary. for Keeping the city accounts. He
then offered the following resolutions:
WHEREAS, 10 view OF the fact based mn
on the report made by the Finance Com
mittee to Council May 2sth nit. that Joseph
l.. kiigore is defaulter to the city 10 the
amount OF &c. 2l0 %; and
WHEREAS, Said defslca:ion has caused
ana IL causing many comments, some of
which are not of a commendable character
10 members OF Council. relative to the af.
fairs and doings connected with the office
OF City Treasurer, and the financial manage
ment Of the city during Mr., K,llpore's
terms of office, and
WHEREAS, Six months have psssad sipca
the Office was vacated by Mr.. KilIgore. and
the detailed statement las not vet been pre-
sented TO Council concerning the items of
defalcation; therefore,
ReSoded, That the balance sheet showing
the assets and liabilities OF the CITY made
oy MT James Woolley, and presented to
council May Zlst ult, together with all re.
ports or documents pertaining to this &C.
counts OF the lato Treasurer, lii possessiun
OF Council or tae Finance COMMITTEE. and
the books OF the Treasury Department, for
the terms OF Office held by Joseph l., XII.
gore, be referred to speclsl committee of
three, with power and authority conferred,
tlOFOnUh q Ya mi ~
hcial management of the Treasury Depart.
ment, during his terms of office, giving full
amount nj deialcation. itemiZed and in The
aggregate, when and how occurring; names
OF bonusmen for each term of office. date
bonds we're executed, with such other in .
formation relative to the finance of the city,
~ they may deem matter OF interest 10
tax payers.
Resotged, That the committee be and is
hereby instructed and empowered to employ
clerical assistance at the expense of the city, to
assist In making searching examination Iand
preparing repeat of the same to Council the
expense not to exceed two hundred dollars,
In support OF his resolution Mr.. Hayes quo
ted from an editorial in the EcelY Ecehiltg of
Wednesday, extracts strongly intimating that
members OF Council knew more about the de-
talcation than they were willing to tell. lie
then thought when this state of affairs was
reached 1t was time for thorough investga-
tlon-such one was due to the people anu to
each member of Council.
Mr.. Hayes then reviewed the course of
events in the Treasury Department for the
last SIX months the failure Of the Auditor to
report upon the late TreaSurers accounts in
January last; and the fact that upon Treasur-
er ktllgore assuming his official duties for the
second term he did not furnish sureties until
July 2Sth, 1872, lie also referred to the report
that $4,000 of the killgore deficiency had been
paid over to the Auditor.
Mr.. VIM. NJ. Canby-That is not So
Ms. Hayes-Well, few days ago Mr.. Kill
gore was asked if he dad paid any money to
the Acditor and he replied not cent. But he
then said that Ill short time he would "puh-
liSh his entire innocence to the world But
the whole matter should be Investigated and
the charges cleared
MIR. VIM. Nj. Candy said that lie expected
TO nave tle lteinlleu statement in regard to
defalcation before the Council at this meeting
however it was delayed but it would be-
prepared positively by next meeting night
The first report in regard TO the deficiency was
obtained by taking tho late Treasures re-
ceipts as shown by his books, and subtracting
therefrom the expenditures. Now another
and different sort OF examination is being
bank deposits are being looked in
to. The only way he could have taken money
was by helping himself from the deposits as he
could only draw money out by order OF Coan-
Gil. 80 Tar the amount OF deficiency obtained
ny THIS ~ examination almost tallleS Win the
amount a5cestalned by the first examination
showing concluslyely that his bank deposits
were about $4,000 less than they were repre-
sented on his books. The balance sheet recent
ly presented to Council was only up to Janu-
airy first 1874, at which time Killgore's books
Mere imposted and in very bad condition,
and his successors had to Fl * them up. As the
tented statement would be ready by next
meeting. Mr., Candy moved to postpone furth-
er consideration OF The subject for one week
MIR, Hayes objected to the postponement
He believed Mr.. Killgore TO be defauter
and had so believed year aud half ago. He
thought the matter should be thoroughly in
vestigated at once.
Messrs. johnson, Lynch, Febiger and
Baker favored postponement for one week.
Mr.. VIM. NJ. Candy stated that all the pro
ceedings in regard to this subject, thusfar
had been taken under the advice of the City
Solicitor. The probability of the matter COM
ing before the Courts renders extreme eau
ton necessary
The motion to postpone then prevailed and
Council resumed the consideration of other
business.