New-York tribune., 1909-10-30

.Nlrtr NfDhfda III Ak~A A1AF - N-7N7e'@+~
the personal characteristics of either of
the other candidates for Mayor" said
Judge Moore. Its not necessary
George W wiekershan. Attorney
General of the United States, said he
appeared as a citizen and taxpayer Of
New York Among other things he ssid:
To uhs: Kind Of man would citizen of
Nsw York, concerned only with the seiec-
tion Of an honest. efficient administration ot
this vast estate, naturally turn. sureiy
not 10 z sudge whose course upon the
bench has been characterized by political
chicanery and demagoslc appeals 10 popurr
lar favor: surely not 10 the proprietor OF
. chain OF newspapers distinguished for
their unhridied license and their gross
abuse Of the liberty OF the press.
No he naturally would turn. as fhose
who framed the fusion ticket aid turn
for their candidate for the mayorstE, 10
man OF wide and Guccessful business
experience. q man proved IN the isltnIui
administration OF the moheEs OF o1Ieis;
conspicuous IN the building Up OF one o.
fl1s greatest trust companies OF the cit3,
- the successful attainment OF which we're
required those very qualities most demand-
ed IN the chief executive of this great
citv-nsmely. the faithful ana eccnomlcal
management Of the properly Of others con
fded 10 his care
such man" he said. they found in
otto T. Barnard, and such man us
that has not been nominated for Mayor
of this city since I can remember. IT is
D. privilege TO vote for man like that
Charles 5. whitman. fusion candidate
for District Attorney. came in unexpect-
edly. just as the Attorney General fin
ished, and spoke briefly.
MR. WHITMAN SPEAKS
you've heard all about the issues"
said Mr. Whitman. "and there's nothing
new in them It's simply. Shall Tam
many hold and control all these depart
nents that mean so much to the safety.
health and life OF the city?' The fusion
fists found man that in himself typifies
ard stands for everything that makes
for good citizenship, Otto T. Barnard
The crowd cheered Mr.. Wh;tman's
eulogy Of Mr.. Barnard for full minute.
william A Prendergast, fusion can
didste for Controller, who followed. said
II was a compliment Judge Gaynor had
paid him when he said he wouldn't serve
with Mitchell and Prendergast. In view
of the company the Judge has been keep
ing lately" said Mr.. Prendergast, Il
take 1t as a compliment when he says
he won't serve with us. but he won't DE
troubled that way q all, for the people
without the assistance of the judge"
Coming down TO the hard facts of the
campaign, viewed from the point of view
particularly Of the office for which sle is
candidate. Mr.. Prendergast neId the
big crowds closest attention while he
commented on the past financial history
OF the city. and pointed to The Tribunes
articles on that subject as being worthy
the study of every intelligent voter. He
said:
Anything which interrupts. unnecessarily
the distribution of capital, and its concomi-
dency in the wrong direction. for this rea-
son: The financial affairs of the city Of
Kew York, If properly applied. will prove
strong stimulus 10 labor IN that city,
being able 10 effect necessary improve
ments; labor. on the other hand. is IN
tiou that flows from such Improvements.
USES TRIBUNE ARTICLES.
The New-York Tribune has shown that
the cessation OF large number of con
tracts in the year 1907 on the plea that
there were not sufficient funds 10 prosecute
them, would not have been necessary at all
had proper care been exercised in hus-
handing the different funds so that such
funds as should have been available for
permanent improvements would be or hand.
According 10 Information which has been
acquired, IL has been shown that at the
end of the third quarter of the year 1907
fbere vas standing 10 the credit of the
combined accounts from which the costs of
permanent Improvement works are pay
able the sum Of $33.9ls,492. but that s24S40.-
lI2 Of this amount had been used TO redeem
cid revenue bonds. furnish money that had
ceen borrowed in previous years TO pay
The cost OF the city government and the
lfmainoeT. ss.9l9,52o, was on hand at the
tire mentioned.
j. is not a difficult proposition TO esti-
nate The hardship occasioned by such a
situation. not only 10 labor. but TO those
who furnish the supplies and equipment
from the sioppage Of such contract work
pe any occasion foT the great city of New
necessary 70 plead for delav or leniencv in
respect OF fuihllinG its contractual obliga-
Certainly. II there be one place above all
others where the best principles of fnan-
cisi prudence and accuracy ought to be
employed II is IN the city government, ard
wherever there Is an absence Of such a
close system Of financial management il
has invariably reacted against those least
snle 10 "itnstand the strain. namely, the
creditors OF the city and those who depend
-iiEeiihood. '''i '''e '''S i'i i'en
II has been claimed by authorities who
have investigated the question that one 81
the reasons for the inability of the city tc
redeem its contractual obligations on time
has been the policy in vogue since 1904 o.
essting into what IS called a general pot
the moneys realized corporate bonds
Under the practice which had been used
from the time the greater city was organ
which the sale of bonds was made was SCI
forth. and the bonds issued only for such
specific purposes. il was contrary to Law
IN use noneTs realized from sucl bond sale.
for snv ether purpose. and this wise prac-
FiCe insured moneys So realized from being
applied 10 the payment and liquidation OF
any other form Of improvement or general
obligation.
Under the present system il appears that
the sales ore made for various municipal
purposes. This indefiniteness is hound -
iea5 20 confusion, even where the Board
~ Estimate may by resolution stipulate
certain definite works. Without going into
further details. il seems 10 be manifest
that the confusion that has Of late years
resulted in the payment to contractors %
moneys due them is. in all likelihood. gen
eraiiy due 10 the cauEes as stated.
George McAneny. fusion candidate for
Borough President Of Manhattan. vas
the last of the candidates 20 address the
croEd. and he spoke briefly on the career
of the incumbent, whose extravagances
he chsrs cterized ss being beyond belief
Former Lieutenant Governor NJ Linn
Bruce closed the evenings orator. With
the brief remark that IL vas fitting the
campaign should culminate in this re-
rasrks bic demonstration bv business men
cf New York. the business men 10 WHOM,
the city oTed it, commercial suprer1-
acv."
ID sNAT fDn nAT TTnFTD