The Lambertville record. [volume] (Lambertville, N.J.) 1872-1968, 1880-07-14
For TILE REnoRr


The communication of Delaware" in
THE RECORD of the 7th inst, is so conserv-
alive in its character and has so many practi
cal references aud suggestions that are not
applicable, that reply must be given to pre-
vent many of our citizens from continuing
with him in the lethargy and selfshness which
deprives others of the enjoyments of facilities
and comforts pertaining to the times, and
prevents the growth of the city 10 population
and wealth.
There are not two ways" of going into
this business of improving our city,-only
one way and that is to go to work aud show
to our citizens that time is an essential ele-
ment in eifecting the improvements asked for,
and if we are to have the worth of our mon
ey in practical everyday enjoyment we can
as well afford to pay interest at once on the
capital expended. as to wait until the money
is actually earned, or collected as taxes, be-
fore it is expended, and then be expended in
dribs or patches, as at present on the Streets
year after year, and leaving no evidence or
record of value or usefulness.
g To possess our souls with patience" will
not accomplish anything and there is great
doubt 'that such improvements as really
commend themselves 20 the community as be-
ing worth their cost win at length be made"
Pay as you co. very conservative and
appropriate motto to guide aud govern bust
ness transactions, particularly to protect
traders and others from such persons as John
Randolph was, who never earned dollar by
labor or made exertion to improve his sur
roundings or his country, does not apply
to such men as Stephen Girard was and Potter
Cooper is, who exerted themselves to earn
money and to save, and then to so improve
their respective cities that the taxable proper
ty and their own possessions increased four
fold in value and business prosperity.
Interest is termed " an Unsuitable mon
ster." The Reading Railroad is referred 10,
&C., by all of which Delaware is giving
advice and admonition to parties who have
neglected their own homes and the prosperity
of those about them, and a low but sure rate
of interest, to INCEST in such stocks as the
" Reading" ar wild cat bonds, upon which a
fraudulent amount of interest is promise, in
the advertisements, to be paid.
"Delaware very properly rates the ex-
penditure to be made, to accomplish the i'm
provement to our city at $40, 900, and interest
at per cent. making $4,000.
The City of Lambertville, under the pres
emit judicious management of its finances, can
get all the money required at Al per cent,
and the interest should be only $3.50 per
year.
delaware also presupposes that all the
work must be accomplished in short time.
This should not he, but the work carefully
planned and portion done every year, say
to the amount of $1,000; then when the work
draws to a close the first $1,000 expended will
have so increased the value of property in
the city that the increase Of tax revenue will
meet the interest.
/ Delaware !" has no occasion to draw {
similitude with " Niagara" IL would be much
more to the purpose if he would take vi
! Swans Creek, with its untold value, and it
present nastiness, to the City of Lambertville
RIVER.