The daily Cairo bulletin. (Cairo, Ill.) 1878-1???, 1880-05-06
THE MAYORS MESSAGE.
READ BEFORE THE NEW COUNCIL
TUESDAY NIGHT.


The following is Mayor Thistlewood's
message which was read before the new
council on Tuesday night last:
Gentlemen Of the City Council
1t is made my duty, by the act OF lncor-
poration, to give you such information, an
nually Or from time to time, relative to the
affairs of the city and recommend the con-
sideration of such measures as the best in
terests of the public may demand there.
fore avail myself of the privilege at the be-
ginning of a new municipal year to give
you such information as will tend to assist
you in performing the duties and response
blties that have been imposed upon you by
your felow-citizens, and to recommend the
adoption of such measures, as in my Judge
ment, will best tend to the public welfare.
You are charged with the responsible duty
of legislatlng for the city of Cairo with its
twelve thousand busy inhabitants.
We are surrounded by country rich in
agricultural productions; we have fine rail
road advantages; we have river facilities un-
surpassed by any city in the west, and in
my opinion destined to become one of the
great commercial cities of the Mississippi
valley | know that you recognize the re-
sponsibilities that have been imposed upon
you. That your decisions upon all questions
that may come before you for your consid-
Grafton will be careful and impartial; and
that your action will be for what you be-
licve the best interests of the public de-
mand.
FINANCES.
The financial condition of the city re.
gard as being in very satisfactory shape
The annual report of the city treasurer
shows the following facts, viz:
That there was cash in the city treasury
on the 1st day of May, A. d., 1870, $92,
032.97. That there has been received from
all sources S5S,47333. Total on hand and
received during the year, S0,j06.30. That
there has been expended for all purposes
during the year $49,5O9GS. Cash remain
ing in the treasury, $30,9GG.G2 Thus 1t
will be seen we have an increase in the city
treasury of $S,0G3.Gj.
The funding of the old bonded
debt-under the able management Of
the finance committee has been steadily
going on. There has been compromised or
funded of the old bonded indebtedness up
to the present time, bonds Of the face value
of $?i3,S73.30; with over due interest,
sac 1894 .40 total debt compromised to date
$3.50, 2G7.70.
Thus it will be seen that something over
one.half Of the old bonded debt has been
settled and new bonds issued therefor.
am very much gratiiied at the progress
that has been made think the basis of
compromise is a fair one on the part of the
city. That we were unable to offer more
and make provision for the ordinary run
ming expenses of the city government. |
believe the new bonds are good invest.
ment for capital. That they will be faith
fully met and paid according to the terms
of the contract think the citizens stand
pledged to faithfully carry out and
comply with all details of the
funding contract; and that they will resist
by all possible means the payment of any
part OF the old bonds, other than as pro.
vided for by exchange for the new.
LITIGATION.
From the report of the corporation
counsel deducc the following facts as tc
the amount of litigation, the city is now
engaged in, viz:
We have suit now pending in the circuit