St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-04-23

VIII serve DOlH 10 Illustrate anu TO
demonstrate what we have said.
June 6. Apr.I9, De-
1882. 1874 crease
indebledness.s 81 l49. 529.sz S52a0O0 $500. 5ea 81
Tax-Levy Ger
tiEcates. I,4S4,500 2I00510 6I6Do1
1t will be seen that the increase in
one form of Indebtedness substantially
balances the decrease in the other
Now. inasmuch as, at the time the
present administration came into
power, there were collected anu in the
hands OF the county treasurer, ready TO
be turned over 10 the city treasury,
about S2l2, 600. applicable to reduction
OF the city indebtedness Tan amount
S5S, 900 in excess OF the net reduction in
the debit this leaves the present ad-
ministration, III the slang Of the day,
I'm pretty deep hole"
But lis hardly fair to leave it there.
for the cash on hand in the city treasury
June 6, 1892. was SIT, 800. IS, against
sS46, COS April 10, 1894. showing an ac-
cumulation of cash of S26S, 1872. "a. As
Stunning that in each case substantially
all this cash was applicable to the re-
duction OF Indebtedness, which is con-
siderably more than fair to the Re-
publican regime, there has been an
/ Improvement in the financial condition
OF the city Though not reduction of
indebtedness) since June 6. 1892 of
1922, 2-54-stiiI a very different thing
from the 1854. 33S.2 % claimed by the Re.
pubi'cans.
z. Now, where did the money come
from that goes to make I'D these two
items ofsl53, 690.30 decrease i'll indebted
ness. and $26S, S92.2 4 increase in cash?
As we have already said. S2I2. SGT. 6S of
II Ito be eXacD had been levied ana COL
( lected in taxes by the Democratic adj.
minlstration before it went out Of office.
; sui SS0.O00 more was included by the
! Democratic council in it's tax estimate
/ for 1892, and subsequently collected
during the period of Republican con-
/ troll. Eighty-nine Thousand dollars
( Oh the money going to make
! up this balance OF S422. 5S2 "a
the Republican administration alb
stracted from the school fund in this
/ wise: At the time the city government
| was turned over 10 that administration
/ there was in the school fund a surplus
i applicable to the building Of new school
/ buildings of upwards OF $50. 900. In the
! months OF September and October. 1892.
the Republican city officials. in direct
violation OF the express prohibition
! contained IN the Bell charter (page l6a,
diverted $S9.217 of the money thus be-
! nd
the money to the redemption of certiti-
Gates OF indebtedness. Thus. in order
to make little cheap political capital,
have our reformerS-pretended follow
ers Of the letter and spirit of the Bell
charter-yiolated its letter. eastits spirit
to the winds. stripped the city of re-
serve sacredly set apart to care for
the future education of its youth, aud
finally claimed credit for its lawless
vandalism as a reduction OF the city
debt and all economy.
10 recapituiate. the present admins
tration 0btaiueG:
VI money collected under the
Democratic administration
Tor the purpose OF Iiauidat-
ing city indebtedness S2I2. S66 rs
OF money levied by that ad-
minIStratlou, but not col.
ieeted.-..;----.- $500. $4,000 90
Of money belonging TO the
school fund and turned over
to it by the Democratic ad
minlsfratIon. .-..-...--.. 50, PIT 90
In all Of money provided
or turned over by the
last Democratic admin
Istratlon--....-.........s 1882, 0S3 IS
This leaves only $40, 49s. IS of the total
amount OF the betterment of the city
finances for which the present admins
tration is entitled to credit, as against
s3S2.000 in round numbers for which
credit must be gwen to the last Demo-
cratic administration.
3. Now as to the Republican claim
that the reduction in The citv's debt
and the increase OF its cash balance
have been due To Republican economy.
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