The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1904-11-26
INDEBTEDNESS IS
GREATLY REDUCED
ALL THIS YEARS CITY ORDERS HAVE
BEEN PAID AS PRESENTED.
FLOATING ORDERS BUT $1,000
Administration OF Mayor Corcoran HAS
Brought the City Around toa
Plane Of Good Credit.

The people Of Crystal Falls evidently
made no mistake when they chosed
Jaa Y. Corcoran mayor last spring,
and chose him for the express pnrpose
OF getting the financial affairs OF the
city in good shape.
The city had been through three
years Of heavy building expendlturu.
These expenditures were made neces-
sary by the construction Of the new
power plant and the rebuilding Of the
entire lighting system. Er-mayor
wehss's three years of Office will ever
stand out in the history OF Crystal
Falls ar three Of the most important.
II was the constructive period. Dur.
ing that time the -hole city system
was renoysscd and put upon = pay.
ing basis Great expenditures were
made and made iudiciously. II was
20 be exepctes that such course OF
expenditure wonld leave ms la debt
and IL did leave MS practically where
Mr. wehse found IL. with about ~. 900
worth Officiating orders
Then came the hard times and 10
Mayor Corcoran was given the task
Of retrenching and wiping out the IN
debtedness He has - nearly accom-
plished that end that as near ~ we
can learn. but about ~ 900 worth Of
orders are outstanding today aud
against that IL placed the taxes
which are 70 be collected within the
next two months With another year
of such judicious administration
Crystal Falls will have a nice cash
balance 70 its credit aud can go ahead
and make other improvements that
are necessary.
This end has been brought about by
a careful pruning Of public work Of
all kinds Only that work VIII
was absolutely necessary has been
done Wherever there was any WORK
that could a. well be delayed until
another time. IL Was 50 delayed.
There was almost no street work done
and the additions that were made 10
the lighting system were few and
far between.
Another matter that must be taken
into consideration in giving the pres
ent administration due credit is The
fact that the license money this year
was ~. 900 less than last Had the
saloon licenses kept up there would be
balance in the treasurery by this
time.
II understand that the city is in
good shape financially said a repor
ter to Mayor Corcoran one day during
the week
Yes, il il and IL isn replieid
the Mayor II Il In good shape
50 far as floating orders are con-
cerned but it is not in good
shape 50 far as undertaking new
work or az % prosecuting some of
the work that ought really u be done
Is concerned have tried 10 cnrtaii
in every way 80 ~ 70 got the city on
"a cash basis and We are getting thcre
slowly As . resnt There Is s1mo
work, such as the water works eNicu
son 90 Fourth street and other places
that ought to IL lone bui W. cln d5
it withopt lncurriug more Indebted
ness. whbrths q those who need the
water VIII De- patient for short
time. the city can % the work anii
pay a. u II done Many don't under
stand this delay and chaie under
the delay. hnl think that il Is better
for the city 70 get ont oi debt
We have paid every order that
has been presented 20 far this year
said Deputy Treasurer Gaiiney i
may have 10 refuse some orders this
month but hope 70 be able 70 take
care Of orders righs along Tho new
power plant has been great assie
tance this year AS the revenue from
that has helped out wonderfully. Yes.
the interest has been paid as fast a.
the coupons have been presented