The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1881-01-22
Correspondence Baiiimors CoHniy J'aioH.
LETTER FROM BALTIMORE.
Mayor Lntrobe's Messago-Tho City's
Attempt TO Shoot n Bank
President The Inauguration, sc.
IiALrIuonr, January iyth. issI,

BALTIMORE, January igth. 1881.
Our City Council assembled in regular session
Monday last when Mayor La,robc's very able an,l
satisfactory message delivered. Though
somewhat lengthy, yet Il Is concise and particu-
larly interesting, containing u large amount Of
useful information. There are, particularly in
Baltimore county and indeed In ali parts Of Mary
land, very many capitalists--who own
largely Of property in Baltimore. much Of which
may have been bought ~ investments or to which
the present prcprictors fell heir Il therefore be-
comes, financially speaking, n matter Of very de-
cidcd interest to all thus holding real estate In
our city TO know the general outlines ut least Of
what constitutes the true value Of these invest
ments. This may be given In the following brief
synopsis Of the Mayors message settiag forth tho
cities finances rs u relates TO receipts and cxpen-
dtures and the city's actual wealth. I take the
item from the Baltimore SHn'. condensation:
"Thc total funded and guaranteed debt Of tho
city Dec. 3lst, lSSO, was $50 O92 2gs. &C. against
which the city owns productive interest bearing
assets, from which income is derived to meet the
interest on the debt, valued at $50, 23 sg9. &c. be-
sides other unproduc;ive or non.avaiiabic assets,
railroad and canal stocks, and railroad mortgages
ON which no dividends or interest arc paid, and
real estate, public buildings held for municipal
purposes, valued in the aggregate ut $l5,020.2sO
The available or income producing assets Of tho
city estimated 20 have increased in value dur
ing the year 2.l3l ,50g.67. This increase is at
iributcd TO the augmented revenues u the water
department, the increase Of the sinking fund, and
the difference in the market value Of baltimore
and Ohio Railroad stock. of the Si3. 100000 lin
round numbers) Of city debt, TO pay the interest
Of which taxes laid. OOO, 900 are In the
sinking fund, upon which the interest ~ drawn by
the finance commissioners and rcnvcstcd In fhe
sinking fund. The actual revenue Of tho city
from alt sources applicable 10 the support Of the
city government during the past year was 81, 1885,
5i9oi, and the actual expenses Of the city govern
mont for the year i1,19g.2T. The floating
debt Of the city Dec. 3ist, 1885, Is stated to have
been and the amount Of taxes in arrear
and uncollcctcd same date, $l,si0, 5j6.G?. The
estimated amount 10 be levied for the present year
IL S2.l93, a.9.13. The taxable basis for the last
year. after all Attachments were made, was $2ll,-
gSO,G.;S."
II cannot, therefore. but be gratifying to all
who have interests ut stake in this city, whether
they reside here or not, 20 learn from Mayor La
tobe's message that u shows not only most
hcathful condition financially, but in every other
respect. Business has been regularly on the in.
crease. whilst improvements are rapidly going
forward. and there appears in the future most
haiicring hopes. From now henccforward there
seems nothing in the way of Baltimorc's onward
march To increasing and sure prosperity In bust
ness, in growth, in social relationships anil in
every other way. She seems fortunate indeei ia
every phase VIC view her. | may consequently
say Towsont0wn is likely 20 have in the future, rs
hitherto, very desirable and important neighbour.
II matters in building up baltimore county-those
portions OF IL ON our boriers-cOntinuc as they
have been, il cannot be very long until your good
ncshbors land ours of the BELT" will find very
large. pppuiOus and beautiful city Of commanding
importance sptinsng up which must add vastly
TO Your material wealth and taxable basis.
The young woman. mentally hallucinatcd, who
made the assault with u pistol in the Mechanics'
Bank upon Mr.. baldwin. its president, Monday
last willis, he was attending 10 his duties inside
the bani, has been sent hOuic TO the care Of her
friend. II might have proved u very s0riogs
matter Gni Tor time caused much cUEsternation.
There was doubt of her mental arrangement.
The imcFieIHs reporter, unfortunately. made a
very serious mistake in giving its sTciasire nc-
count Of this matter by stating shc was daugh-
ter Ut Mr.. esicy Ricketts,. Of our well known
merchants, when in fact Mr.. Ricketts, has no
daughter ani knew nothing about the dcludcd
offender until nc saw the account in the American.
At best IL j. an unfortunate circumstance. tnis
shows very cUnclusiycly that attaches of the press
editors, lublsacrs etc.. should be very of the
truthiulncss and correctness Of accounts they put
into priut, which. IL erroneous. rs ;his was, Rrc
apt 10 do great wrong. Had the relationship 20
Mr. Ricketts, been even true IL would have been
better omitted. There IL in many instances too
great anxiety In these days Of fast newspapers in
large cities for those conducting them failing 90
give proper consideration To- such matters. IL is
easy iOr anuccn; persons TO have their feeling.
injured through inAdvcr;ant publications and very
hard 10 make satisfactory repairs or amends
Ecitcr wait for facts than misreprcscnt them.
The impression is-and there Is scarcely any
dnub, Of the fact-that the approaching iuaugu-
ration Of ten. Garfield will be the greatest and
Irandcst occasion Of tho kind ever witnessed in
this country. Washington city having Of late
years Improved so much in her proportions and
beauty that many will be anxious and delighted 20
see onr beautiful Federal metropolis arrayci a.
she will be then in all her facinating beauties rs
a city. No city in America has improved in her
facilities, convencnccs, 4c., 50 much
as our boas;ei---dessryojiy Sensational capital.
bushes. Is still rather quiet on account Of bad
weather. Prices Of leading commodities present
very little changc-sales only comparatively mod.
crate. The harbor IL now clear of ice aud navi-
ton free Oysters arc very abundant since tho
thaw md prices declined. Thcy are very fine.
NEsToR.