Daily Kennebec journal., 1882-03-21

-V-'C'V W.
Six per cent Bonds, 1875. 5000 90
Coupons past due, l247 90
Due school districts and High school, 1864 %
Due Old Ladies' Home, (St Nark's) 1000 0
Due lithgow Library and Reading Room
Fund, 20 900 on
Total Liabilities, s3I2sll ~
Total Resources, 20 500 rs
Total City Debit ssII $50 ~
The usual temporary loan to meet the
running expenses of the city until the taxes
are assessed, and portion of them paid into
the treasury, will have to be negotiated, and
should receive immediate attention.
COMMENTS on The FIS,NcI.L CoNDITIoN. Sc
As appears by the report of the City Au-
ditor, the city debt at the present time is
S3ll 81; but in order to show the real
financial operations cf the past year. the
$1,000 paid towards the Soldiers Monument
should be deducted from the S3l | .920. 81. as
no appropriation was made for it last year.
which would leave the city debt S'01 900. 81,
showing an actual reduction of the city debt,
during the year, of 81. $3.50. The $4,000
was paid by temporary loan, and the TEN
porarv loan will be paid by special
appropriation this year. Two years
ago, when | assumed the office of
Mayor, the CITY debt was S3l7 AGA 10.
~ th' pitstut tlIflt lHe titN dtpt ic t''''.
92OS4. showing an actual reduction during
the past two years. of NINE THOUSAND FIVE
HUNDRED AND FoRTY-THREE DOLLARS AND
rwENTY-sIx CENTS. You will bear in mind.
gentlemen, that this reduction OF the
city debt has been made at time when we
were making many large improvements In
the way Of drains. etc: it has also been
done, not only without any advance in the
rate of taxation, but the rate of taxation, has
been reduced during the time. This exhlhit
Is very gratifying to me. and I hope satisfac-
tory to our citizens.
The HIGHwAY>
A large amount of work has been done on
the highways during the past year The
spring rains left the streets and roads IN
very bad state, and the repairs necessary 10
restore them to a proper condition were very
extensive. Commissioners Cottle and Sever
ance have materially added to their already
well earned laurels, by their good judgement
and economical expenditure of the money en-
trusted to them. The work on the streets on
the west side of the river was not so Sans
factory as could be wished, from the fact that
We did not have good quality of gravel AZ
our command to do the work with. The cut
on Burnt hill (Winthrop street, had pro,
gressed so far as to cause the old traveieu
road to cave badly, and it was found absolute
y necessary to finish the cut in order not to
discommode public travel. In doing TINS
the gravel which it was necessary to remove
was of inferior quality. having large pei
cent of loan in it. Now that the cut i
finished, we have access to a large amount OF
nrst-class gravel, and have no DOUBT ina
the Improvements of the streets this year VII,
fully compensate for the unsatisfactory worf
done last year The Fire Department an'
Poor Farm Teams have done good year
work. and have rendered valuable services
on our streets.
FIRE DEPARrMENr.
Our Fire Department was never IN oe.Ie
condition than at the present time, yet ther
is chance for material Improvement Al ou
slight expense More capacity for CARRYING
hose to fires is needed, either by having a yer.
large extra reel. with at least LOU iee' :
hose on it ready to be hauled to nre, OF ~ y:
having the spare sections of hose ca.eiui'.
coiled up and placed on vehicle OF so.
kind, ready to be transported at a momen.
notice. The lack of these convenlences wa
severely felt at the late fire at the founory -
the east side Of the river-at least ~ mihu's
were lost in getting to work in consequenc
OF lack of hose on the ground; ana ~ mn
utes, in time of fire, mean good deai.
Chief Engineer H. T. Morse ana ass's.s ~.
W. W. Robbins did all they could with wn'