San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1890-05-28
The Daily Eight.
DIGESTIBLE CITY FACTS.
For the People BY Our Special Con-
trbutOr,

trbutOr.
The chairman of the finance committee
of our city council pays TWO dollars and
fOrty-hVC cents taxes into our city
treasury.
No wonder our city administration Is
reckless in making debt. Alderman ROdg-
erS. chairman of the finance committee
can pay two years taxes with his salary
for single sitting of the council and
have ten cents over to treat TO beer.
Our members of the city council who
are tax payers and represent tax payers,
either have nothing to say. or what they
say amounts to nothing.
The alderman who pays two dol lars and
fOrty-tiVe cents annual tax IS virtually
Mayor Callaghan's right hand bower.
If the S25O.COO loan is voted then we will
have lying in the bank over half million
dollars on which we will be paying in
tCrCSt.
The bank does business in a business
way. Our money is not allowed 10 mOld
or rust in a corner OF the vault. but Is
kept bright and fresh by lending II to the
city at the rate of 10000 per month at
per cent interest
The amount paid by the city as interest
on money borrowed to pay current eX-
DenScS is not accounted for as interest
but put under the head of ''miScclla-
neOuS" so that nobody knows how much
interest we are actually paying. while
the bank is grOaning under the weight OF
our deposits.
The two hundred and fifty thousand
dollars is all right, only it is unnecessary
just now.
The people will save lots of money by
waiting until we can have the charter
amended so as to make the sinking tund
tNKrn instead
If the taX-pavcrS vote for anything ii
should be for the schools.
The bridges contracted for won't cost
over $1,000: what is the use Of voting
S1CO.CJO?
The contracts for the bridges are en-
tirely illegal: the charter requires that
thc bonds be sold and the money paid into
the city treasury before the work is con-
tracted for.
An alderman who was very anxious TO
be elected now wants to resign because he
is disguised with the financial manage
ment of the city. His duty is to stay and
fight it out.
It's all very nice to talk about the boom
and to take credit for the boom on ac-
count of the miles of streets that have
been made impaSSablc by S0-calIcd i'm
prOVement. but city administration
Il
better advertisement.
We will be able to to boast a miiliOnn
dollars bonded debt if we pass the new
loan.
But what have we to show for our mil
lion dollars. in the way OF substantial. |
permanent improvements?
People who have taken the pains 10
look into our city financial management
know that it is rotten.
Go to the polls and vote against every
thing but the schools.
We can borrow all the bridge money We
need until we change the charter.
The banks won't object to lend us some
of our own money at per cent. until
after the legislature meets.
Remember we have had for the past ten
on an average Of S2G3.GDO lying
idle in bank. That is. as idle as bank
generally allows its deposits TO be.
If our citizens want to get rid OF an al
dcrmam Just present him with gold
headed cane.
Mr. ClaudOn is most efficient city clerk
and in the absence of the boss makes a
good ring master for the city council
Within eight months before a dollar can
or will be spent of the $4,000 loan, we
shall have an entirely new city admins
ratiOn.