The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1881-01-07

THg new loan abOu. TO be offered by
the city Is will calculated to set taxpayers
TO thinking Of the future. Where 10 this
thing to end2 Three years ago a bonded
deb. Of slll,OOO was incurred, Just Ss
this ono Is to be incurred, for the pur-
pose Of funding the h1ating indebtedness.
Represented deficits incurred In then
SEGMENT Of the Clty's finances. In other
words, 1t represented the excess ol OK.
peaditures over receipts. Three years
heocs, tho way we have been going on,
We will want to borrow 100000 more.
It will alter while be as fashionable In
Wheeling to borrow money to meet de-
hcia as 1t is In Russia and Turkey, Coun.
Gil will soon understand that 1t is not
expected that expenditures shall fall
within, and bs kept within, the receipts
Of the city, and will plead established
usage as an excuse for plunging the city
Into deb. every year
Tho receipts Of tho city for 1879 were
9gO,9G G7, and the expenditures, exClu'
slys Of debt redeemed Tor in other words,
ordinary expenditures), were Sl97, ,602 rs.
Apd vet after this large expenditure there
we're city orders on the Treasury outstand.
Ing representing work and service pOr.
formed for the city, OF SIS, $3.50 25. And in
this We do not include about s20000 due
tue gas works for light. Tho city owes the
gas works now abpnt 1900, but no part
Ot this Is to be provided fer out Of the pro-
Ssds Of the loan OF $40 900 now asked for.
About $50 700 OF the loan 10 to be devoted
tOplying oil city orders, and some SID, 600
to taking up the bonds OF the Fifth Waid
market.
OF course this money must be voted by
tho city. We owe the debt and must pay
it. We are now paying six per cent
on the outstanding orders. These orders
have been discounted In bank and are q
just claim upon the city Ia the hands Of
thelt holders. Our faith is pledged 10
their payment. But the question Is, what
iS to bo our future policy? Are we
going to repeat these deficits this
year, next year, and for an indefinite
time to time2 The answer to this ques.
tton depends ON the composition OF the
next Council. II we elect frat. class busi.
ness men to Council-men who have q
real live interest In the City's finances
we will have different administration oi
our affairs. II, on the other hand, We
sacrifice everything to partisan considera
tions, and elect men who are mere ward
politicians, wo will probably 10 on Gre
aLing deficits and asking for new loans.
twas only day or two ago that the
CHI. .'tmAn Of one Of the most impor
tant committees in tho Council told III
that he could rarely get quorum Of BIZ
committee together. In fact, II seemed
almost imb osSible 10 get them to attend I
COMMITTEES m, 'eting. This threw the worl
Of preparing business for Council, as tai
as it was prepare atall, on two or three
Of tie members, ali d hence 1t often hap
pened that the chairman was unable ex'
Cept by personal impoi tunlty to get The
attention OF the signatures Of members to
matters Of importance to the City's inter
estS
We instance this case 10 show the urgent
need Tot close scrutiny on the part otthe
voters Of this city in regard 10 the mem.
bsfShip oil council. Who will take care oi
cur interests II we do not pay heed to
them ourselves. We can not expect the
st'eam to rise higher than the fountain,
andiI weGre careless and Indifferent 90 TO
The men We select for our public servants
hoTcan Wetxpec! jurisdictions 10 supply
our own deiault2