The daily Cairo bulletin. (Cairo, Ill.) 1878-1???, 1883-09-11
OUR LOCAL FINANCIERS. - THE
LEGAL IL FINANCIAL ASPECTS
OF THE STREET FILLING
PROJECT.

There have been any number of silly sng-
gestions made by opponents to street filing
as to the manner in which the project
should be introduced and prosecuted, aud
what precautions should be taken before
the work is begun but the sllliest of all
was, that some foreign fiuancier should
be importei to tell US whether or not our
citizens could bear the expense of raising
their property above high water and up to
drainage point, and what effect the carry
Ing out of the improvement would hsve
upon the finances of the city. Any stran'
ger reading such suggestion in one Of
our own papers could not have very ex-
halted opinion Of our leading citizens or
knowing them, would naturally look upon
the man who made the suggestion as
numbskull.;
We have every reason to believe that we
have as good tinanciers among us as there
are in any city in the country, and we can
easily satisfy any reasonable person that our
belief in this respect is correct We have
among us men who have for years man
aged with uninterrupted and tatierng
success business interests as great and as
varied as any in the country, with few ex-
cepiOns, who have spent half their lives IN
directing enterprises involving the solution
of difficult financial problems, who are
better posted with regardt to CaJro's condi'
ton in every respect than any stranger
could become in a years tuition, who have
their own great interests at stake here,
which would rise or fall as the city's affairs
were managed wisely or njt--these men
are certainly as capable of determining
whether or not any contemplated public
Improvement would be practicable or not,
from financial point of vlew-and these
men are the most active amons the sup
porleTs of the street filling project Our
business men, Of whom as large percentage
are successful, substantial, wel,-to do as
can be found in any city Of equal size in
the cOuatry, but who have sbored under
much greater difficulties than most others
10 reaching their present state Of compare
tive ease, vino have lived here for years
while their hopes rose aud tell as the rivers
fell and rose, who have daily exercised
their judgments with reference TO matters
connected with their business, risked thou
sands on their judgments and won-these
men are certainly capable Of determining
whether or not the temporary inconvenience
and the slight expenditure, that would re-
suit from the raising of the streets and of
their places Of business would be good
investment and be returned to them in the
form Of increased business and increased
security and consequent greater peace Of
mind.-And these men-the great majority
OF them favor the street filing project.
We have among US property holders also,
who are not tools, Men who
own blocks Of as fine buildings
as any city can boast Of, who
have planned and directed the construction
of many a magnificent structure, both for
business and residence purposes, whose in.
terest it has been for years to keep posted
with reference to all the details of real es.
tate Improvements aGd many Of whom can
estimate the cost of a complete building
almost as accurately asa professional arch
iect and more correctly than many so.
called professional, these men eau certain
" tell very nearly all that they would be
required to DO in case the streets were raised
in front of their property and within few
dollars Of the cost of such work And they
could also tell, much better than any i'm
ported tinsncer, whether or not their purses
would bear the strain they would be subeC
ted to 90 account Of such improvement
and these men are withyery few accep,ions,
confident Of the success of the contemplated
street raising, and unhesi,aungly express
their willingness and ability to carry out
their share oft
But We have also a mayor and city coun.
Gil who are not fools when 1t comes to de-
terminjng the effect upon the public fl.
nsnces, OF the contemplated street improve
ment, and the ability of the city to besr its
share Of the expense on account of such i'm
provement Mayor Halliday is commonly
admitted TO have been the leading spirit ia
the management Of the citys finances dur.
Ing the last half score or more of years, and
thathis management Of the city's finances
has been generally wise one will be nd.
mitted 10y all who know the present cOndi-
ton Of these finances, AS compared with
their condition when he was first permitted
TO direct their management Mayor HALL
day is also generally understood 10 hive
been the Chict srblter of npr co,,,y q.