The Portland daily press., 1898-03-15

Monument Street, Park Street and
Notwithstanding Sewer to be Ex-
tended This Year-Monument to the
Maine at Fort Allen Park Suggested.
The following is Mayor Randall's ad-
dress to the City Council delivered yes
terday:
Gentlemen of the City Council:-
For the second time it becomes my
duty. and I have the honor to sumbit to
this honorable board, the Mayors annual
address.
At the commencement I wish to thank
my fellow citizens for the honor they have
done me and the confidence they place in
me in second time electlng me 20 inc
important office of Mayor, and l pledge
to them and to you, gentlemen of the
council, that l Will give to the dnties Of
the office whatever of ability | possess,
aud will in every way protect the city 8
interests as I would my own. And to
this end l ask your hearty cooperation.
I also desire to congratulate you and
your fellow citizens on the prosperity
that has attend our beloved city during
the year just passed. 1t has been one of
unusual activity, and one, that on account
of tho many notable events that have
taken place. has drawn large crowds of
people to our shores and has advertised
us far and near as one of the most beauti-
full, enterprising and prosperous cities in
the land.
The reception and entertainment ex-
tended to the officers and crew of her
Maiesty's ship "Pallas,' - on the occasion
of her visit to Portland in June, was an
act of International comfy, well worthy
OF our people. The splendid celebration
of the Fourth of July, the grand Pythisn
convention and parade the New England
Fair and visit of the North Atlantic
Squadron, the Firemen's muster and es-
ueciaIly the grand Musical Festival, were
events of which any city might be proud.
And I hope we shall continue this year
to encourage everything that will increase
our reputation abroad and our Importance
among the cities of the country, and to
this end if necessary, make liberal ap-
preparations.
You. gentlemen, and myself have been
selected BIZ our fellow -citiZens to transact
the business and protect the interests of
this fair city the coming year. 1t is both
an honor and a pleasure to be SO chosen
Let us therefore. pledge to our constitu-
ents and to each other our best endeavors
to give them an economical and business
like administration.
In accordance with the usual custom l
beg to submit brief review of the ad-
ministration of municipal affairs the past
year, together with few recommended
tions to which hope you will later give
your careful attention.
FINANCE.
am glad to be able to report that the
financial affairs of the city have been
prosperous the past year as will be seen
by the followin ing account of the finances
as furnished by the city treas urer.
Bonded debt of the City of Portland:
The gross city debt, March
81, 1897, was ", 769, O50. 90
Amount of sinking fund,
assets and trust funds, 800, 800. 90
Net debt, 1888, 500. 90
Included in the gross debt were:
Bonds due September l, 1896, 5000. 90
Bonds due March l. 1897, 1870, 5000
Bonds due July /, 1897. 4l6,000.0 100
54l, 500. 90
OF these bonds there have
been presented and paid, 537, 200. 90
Now outstanding and unpaid, 1850 90
There were issued July /, 1897,
49, 900 4 per cent gold bonds
on fifteen years.
Gross debt March 1, 1897, 2,769, $50. 90
Gross debt March /, 1898, 1885,, ESQ. 90
Reduction past year, o7,000. OO
Net debt March /, 1897, 1853, $50. 00
Net debt March !, 1898 / ISL ,792. 90
Reduction past year, 77,S9S. 90
We have no City Bonds maturing until
March /, 1905.
oil March s, 1887, | called attention to
special appropriations that would be re-
CURED during the year, amounting to
$2l9. 323. 49, am glad to be able to re-
mort that these amounts have been paid
excepting $50, $4,000 of the amount due
the Sinking Fund, for which provision
must be made to pay second installment
of SIC, $50 (unlsss you should deem it
advisable to replace the total amount this
year). and also $40, 900 of the amount es-
| timated for Tukey's bridge, to which
must be added about 1874, 04O to complete
the bridge. beg to call your attention
TO the fact that of this 1919 333.2S all that
remains unprovided for is $50, $50 due
sinking fund and $4,000 Cue the bridge
| account making total of $50, 750, and
hone we may be able to replace the balance
due the sinking fund this year.
SCHOOLS.
| Our public schools have continued dur
| ino the wear to maintain their high STAN
dard of efficiency, and our kteachers have
| worked with Jealous care UosGnat enu, and
are deserving of great praise.
| The report of the school committee just
laid before the city council, written by
Mr.. J. A. Mc(iowan, member of the
board from ward 2, is an able and exceed.
ingIy interestingssdocument and deserves
voI1r close attention. | am pleased tC
endorse the recommendations contained
therein.
SCHOOL BUILDI NGS.
Our school buildingsNin the main are in
oood condition. The new hou SO In ward
4 One. called tine Emerson school, ESQ named
/ IN honor of the first mayor of the city,
4 will be completedsearl In the summer,
I And will be a model school house in very
way. the equal of any of its size in the
\ country. -
had condition and should be replaced il
the near, future, as also should the ParE
and Bracket street houses. Steam heat
should be introduced into the Center
street house, ssand recommend an appro
nriation for that purpose.
Our remaining public buildings are il
verv good condition and will not require
any Largo outlay this year.
PARKS AND PUBLIC GROUNDS.
y Ao1