The Waco daily examiner. [volume] (Waco, Tex.) 187?-1888, 1885-04-18
Mayor wilkes address.


ose to review the mayors address
'rieay this morning. We premise
~ saying that upon its face the ad-
lress bears indubitable evidence of
of honest intent and warm
desire to do faithful service to the
city. This lifts the address at once
above and out of reach of ridicule. 1t
is frank. manly document, and is
entitled to full aud careful considera-
ton at the hands OF the people. The
may or states fully the condition of the
c;ty's finances. He holds back moth
ing and stands by the $4,000 bonds,
although he thinks they are not
now negotiable OH any such terms as
the city can afford, owing entirely 10
the line of action taken by leading
citizens of Waco in announcing a
doubt of the validity of the bonds of
fercd in New York. Tho bare sug-
gestion of such doubt was sufficient
to prevent such sale, and the mayor IL
sufficiently intelligent and observing
TO understand that the thing was aud
is final to all intents aud purposes
We leave him and the council TO deal
with the recalcitraut citizens and pass
TO a brief review of the plans aud
policy of the mayor to meet past and
provide for future necessary expendi-
lures of money. Mayor Wilkes pro-
poses to pay every honest dollar OF
debt contracted by or for the city
That is the policy, and if the
effort is faithfully continued
very soon there will be nc
further necessity to consider
any scheme for bonding, and this il
lust what was contemplated by thu
gentlemen whose vigorous actioI
forestalled the sale of the lately au
thorized city bonds. We sugges
that if the creditors of the city ar
willing to accept these bonds in pay
ment of their claims, q simple mol
, bearing the same rate OF interes
would be just as acceptable, or II tn
is not feasible, an ordinance appropr
i atina.s-as.ta'n I.sr O. r.tsnrs,i'. may h
r ofthe gross income of the city thatins
be set apart as sinking fund to pay il
terest and principal Of this indebte'
;. ness, be passed, ard it will be just ,
" acceptable to the creditors of the eli
as any bond the council could issu
s. and the policy could not be met b
r any sort of action, either here or
New York, successfully.
Mayor Wilkes states, with what "
% think commendable pride, that thel
l. has been decided reduction in Il
city's Indebtedness since the last r
d port. The gross amount now is 81
- 500, only. Now then what is there
"a this amount so terrifying that "
must bond to meet 1t? For the Ii
of us, we cannot see. ..I .sf
q The completion of the school hoas,
n will, If the present status is maintin'
= ed, give us $1,000, and the $50
available from the reduction of Il
railway interest debt, will give |
/, enough money alone from the
a sources to pay oil the $3.50
II in one year without any more 'roubl
This would make the indebtedness
very desirable investment, and oil
y our Waco bankers would jump at,
4 indeed the said creditors cared to pl
= il on the market at all, which We ver
i much doubt, as they are very nearl
Q as able 10 carry it as any banker, an
s they are fully as keen for goo
thing in business. We speak, ,
course OF the gas and water comp
!. mics, the principal creditors. Wit
, these plain facts before them an
easily deducible from Wilkes mo,
admirable address, we are at 10:
. how any intelligent citizen OF Wac
can further advocate any proposiiio
TO bond the city in any wa
, or Tor any purpose. This subjec
comprises the main interest of the in
augural.
The other topics touched upon ar
handled with like intelligent care, AN
indicate very high order of admin.
trative ability in our excellent mayor
The opening of streets, the fire de
partmeut, the school Interests an,
sanitation are oil discussed briefly
but in wise, temperate and forcibl
way. With this platform OF principle
before us, we do not hesitate to say
ifcarried out fearlessly and honestly
Mayor Wilkes will come out of ihi
term the most popular mayor Wac,
has ever had.
Time TO Act,