The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1891-01-11
TOUCHING IN MANY PLACES.
Something OF City Expenditures and Council
mans Opinions on the ''FundIng Bond''
Valve Scheme---Economy Forced,
More Satisfactory Than That
Pound I'm Assertions

Col. Jocelyn says the brick paving is all
right but it fails to develop very rapidly.
He has been able to get in possession of
some of the bonds called for by estimates
approved, and has been able to put them
up for brick and to pay some of the mater.
ial creditors. So far he has not sold any as
he don't want to make cut which will
take all the gilt edge off the contract. He
hopes to make some money and the sys-
TEN of paying bonds in these times of
financial billiards and other embarrassing
conditions, don't exactly meet his most
hearty approval He threatens to keep
quiet on the matter, doing no more until
he can get some genuine cash out of the
city as foundation for his operations.
1t is estimated that within six months
the paving contractors who did the alley
work, will get their money for work
done nearly one year ago. The
contractors who did this work say ohey
would like to have the money, but recall
that the city under the present arrange
ment is paying them interest possibly as
big as they could get elsewhere.
Schnitzler says his council ambition was
TO get Market street paved and all night
]
He partly succeeded in the paving, but the
condition in which the street is left with
the canal in the center, causes more
grumbling according to his opinion than
If asphalt had never covered the sides of
the streets. AS to his arc light ambitions,
he has as yet failed in that There has al
ways something happened that left the
half night service in that part of the town.
The story is an old one and well known by
those who know the city. He feels very
much discouraged about it all. and in the
face of this and other things says he thinks
he will give it up. No use to try it any
longer and will call it a bad job
Councilman Buckridge stated last eve
ming that the figures in the EAGLE con-
corning city finances omitted the S25, 900
borrowed from the building fund in favor
OF the general fund, and which long ago
! had been expended. There had been
other similar transactions and in his judg
ment the money that would be received
from the county treasurer on the 18th
inst, the first installment of taxes would
not pay off the Indebtedness to other
/ funds. Mr.. Buckridge also stated that
/ the levy for this year provided $4,000 for
! VIC puOllC IMPROVEMENT luuu anu dlIOdug
since the time this years fund was to pay
! the bills the Indebtedness in the depart
ment had reached $4,000 and only a small
| per cent of the $4,000 to be re-
ceived from taxes paid in and
available. In his judgment some of the
departments would spend much more
money than provided for in the levy, this
/ year as well as last, and before long an
other instalment of bonds amounting to
I $4,000 called funding bonds" would be
/ turned loose on Wichita. He had so far
/ opposed the funding scheme" as he con-
sidered it the wrong policy. In his Judge
ment the expenditures should be such
| that the total would not be beyond the
| levy, and less sidewalk bonds and all
! kinds of bonds issued, even to funding
! bonds" which he considered a sort of a
/ cover to hide the exact situation. In due
time the funding" policy would be felt
| by the city very much like any individual
would feel the effects of spending more
money than his income would Justify and
! forced TO become a defaulter or skip the
country with some other mans wife. He
would oppose the funding" program for
the simple reason that if it should not be
adopted the council would be forced to
practice economy and the economy talk
would crystalize of necessity, which would
be an improvement over the plan of howl
ing economy Just before spring election,
seeking to delude in the interest of con-
tinuing powerful opportunities"