Waterbury evening Democrat., 1894-01-03
AN INTERESTING PAPER.
Radical Changes Proposed By
 Mayor KiId uff.

He Recommends the Consolidation of tn, City, Town and School Governments Suggests that it Might be Economy Flo, ] the City to have Its Own Electric Ligh Plant, and Advocates Permanent I'm provement of Roads. Gentlemen cf he Court of Conanion Council:
 By the suffrages of our fellow citizens wt have been called to assume for a brief period of time the management of the municipa affairs of this city, and we have assem bled here this evening and taken our respective oaths of office, that require us to faithfully and impartially execute the duties impose upon us according to our best skill and iudg- ment.
 We assume positions of great responsibilit, and trust.
 Large sums of money will be placed at our disposal, to expend as we can agree for thV city's benefit. This money is raised from the inha bit6nts of the city by taxation. They are obliged to pay the taxes imposed upon them, whether they wish to or not. The> have a right to demand that we shall expend tho money so raised wisely and economically They do demand it.
 Our administration of city affairs should seek to benefit all sections of the city, and be- conducted with that degree of fairness and impartinity which shall free us from the charge of having unduly favored one portion of the city at the expense of an other.
 In selecting locations for the laying out O. work, we should endeavor to benefit the greatest number of persons and interests. kS Every man cannot have light at hlS door :; nor can every street be graded or paved nor every sewer petitioned for. be built at once.
 But the lights, streets and sewers that are most needed should come first.
 To promise much and accomplish little, iS disappointing and unsatisfactory; but If we follow the principle of meeting current ey penses with current income; to incur no debt except for permanent improvements. In which others also are to share; to distinguish between our needs and our wants to plan for the future while not neglectinS the present; to live within appropriations; to discriminate wisely, and to eXpend econo- mically, and with an earnest desire to ac' without fear, favor CT prejudice, with honest motives and honest convictions, we can no greatly err.
 It is difficult, if not possible, for the mayor elect in the preparation of an inaugural adz dress to refer to all, or even many of the i'm portant matters which will soon demand your attention, but as I become more fami- liar with the needs of the city, il will 0ro me pleasure to communicate to you iron time to time such information and recom- meud such measures as the city may. in my humble opinion, require.
 l propose to be brief in review and conser- vative in recommendations to the end. that if we can give a satisfactory account of our at the close of the municipal year we snail have accomplished more than ii We closed it with series of brilliant schemes not carried out, or a record of eX- traIagance and waste of public funds.
 FINANCE.
 The indebtedness of the city is as follows:
 Bonded Debt.
 per cent. water bonds, due 1897 (is-
 sued 1e6D. D..................... SAC, ,00U 2 per cent. water bonds, due 1899 (is-
 sues 1S69). .....,................ 50, 900 4a Fer cent water bonds, $5, 900 falling
 due each year from July 1, 1s93, to
 July 1, 1895. (issued 1880). ........ 60,OOO ' per cent City hall bonds, $2. 800 fall
 due each year to 1906, (lssued 1S6S). IT 800 1 per cent. sewer bonds, B., 900 falling
 due each year to 1908, Gssued in
 18sD. .............,....... sO,OOO Total bonded indebtedness. ... $347, 300 Less amount of sinking fund for re-
 demption of same estimated ... 103 700 Net bonded indebtedness. ........ S243 800 The present bonded indebtedness is being reduced by appropriations for that purpose md by the income from the sinking tuna to he extent of $20,000 per annum. The water pond sinking fund, now S1O3, 700, with yearly appropriation of S5,000, will be ample 0 meet the $140.0 900 of water bonds, first series, maturing h 1897. No provision has been mede to meet the $50, 900 of these bonds two years later. The floating in- estimated, is as follows:
 Liabilities.