Daily Republican. [volume] ([Wilmington, Del.]) 1874-1890, 1883-05-28

increase the taxes Of the city. We hav
shown by an itemized statement tina
the Commission plan at the least vii
cost the lien tax payers $24, 700 mort
than by the old plan, and these figure
have not been changed by any argu
ments produced by our contemporary
Even it does not deny thai in the mat
ter of salaries alone the increase OF ex-
pense to the city will be 81, 300. Nomat-
ter whether this apparently small
amount comes out of the Water Depart
ment revenue, out Of the appropriations
for salaries, or out of any other fund
which is paid by the citizen tax pay.
ers, that much more money has to be
paid by the new plan. Neitheris ther e
any attempt made to show that the SO,
900 the city is taxed direct is not new
and additional tax
We still contend that we are not
wrong in adding the interest OF tn,
100000 loan the Water Commission i
authorized to make right at the start
for Improvements and extensions that
are alleged to be needed. Loans cannot
be negotiated for nothing. If the city
would borrow that much money it
would have to pay a: least four and a
half per cent. for il, and it is not likely
that the Water Commission can make
any better terms than the city can. 1t
requires no sef-lightning calculator to
show that the annual interest of Sl2O, 900
at "a per cent will be $1,000. Who
pays this interest If it comes out of
any other money than from the reve-
nues of the department, it is paid from
the taxes levied directly upon the tax
payers. fit is paid by the Water Com
mission from the Water revenue, il
comes directly from the water rents
paid by the taxpayers. What is the
difference ? There will be no money
paid by either City Council or Water
Commission that will not come directly
from the pockets of the people, and it
stands to reason that any increase in
EXPENSES must inevitably lead to an
Increase in taxes to meet those expenses.
Is this not sound logic ?
If the Every Evening does not under
stand this, the taxpayers do.
by course of reasoning peculiar to
itself, the Every Evening admits thai
there may be surplus Of $4,000 in
favor of the Water Commission after
collecting 100000 from the city, and
after striking balance sheet of debtor
and credit of the receipts and eXpendi-
lures Of the Water Commissions We
take it then, that after providing for
every possible contingency, the Water
Commission will have a surplus of $40
800. Where then did even this amount
come from Can it be denied that it
did not come out Of the p0rkets Of the
people? Can it be denied that it is not
the balance left Of the So, 600 levied
and collected from the city, and to pro-
vide for the payment Of which the city
Is compelled to increase the rate Of tax
alton : We have been told all along
that the Water Commission plan wou'd
be run upon cheaper basis than III"
City Council plan-that the taxc, nrrhn
people would be lassened, and that 4 !
great many little leaks would be
stopped. But here is All admission |
made by the leading organ of the Water
Commission, that there vii, bra possible /
balance of.SIG. 900. Then only $5,loo If
the go, 900 collected direct t,un the |
city will have been expended. lfthor.
was TO be economy by the Water Conn
mission plan, could NOT tine Cunrols-
sion have economical 10 the extent Of
S,lOO and thereby avuidrd il direct
levy upon he city Of $2O,OOO IN other
words, why max" the city pay $lO,oO0
when only -, 100 was needed
The Every evening says To- Us, no, no ; |
not S2L9oO additional EXPENSES, but
ST., 800. This admission is worth some.
thing. Even the latter amount cannot
be .raisrd without increased taxation.
and Ilcr a>td taxation isl poor show
d more "conon!~, Imniug Of
the Water Department, We would iu-
fer from the language Of h" Every
Evening that The Commission will have
no particular need Of this 81, $780, but if .
will be- exceedingly handy tohayr lyiug
around in ras" If emergencies, For in
stance if the Commission urgO'iatcs the
S 20 900 loan il is authorized to make, .
when It gets into power CO., 81, 400 Of II |.
could be applied to paying the interest I.
On he loan and then the loose pocket /.
money left would only be 81 900
Thi, latter surplus, however, we are
told must 20 TO the extinction Of HE .
lrh' ii tIe Water Department sooner or
later. lhi, would do very well if tn"
bor us If the Water Department wrr,
maturod. These bonds are made Iay-
able 10 certain years, amt Il" matter
VIVA 'aount Of surplus may boon hand
t cahNut o" paid for he redemption Of
bonds Uull. these bond, are due,
1t Was not 80 mu,h oar purpose to fol-