davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-10-25

arrears OF levies OF prior years, which.
with the opening cash balance added
of $1,924, 931 for the payment of the
previous years warrants. made the
amount received in 1907 on account of
levies of former years $15.969. S69. The
same details show that OF the total bud
get appropriations paid during the
twelve months $11,279. 500 was appro-
priations of former years. According to
these figures the amount of arrears of
taxes collected during the year was not
only sufficient to pay all appropriations
of prior years. but left a surplus of $4.
690300 While this fact makes it
doubly hard to understand what justih-
cation the Controller had for selling
S1637621O of prior years revenue bonds.
so far as the needs OF the budget were
concerned, the surplus of 81, 500, 300 does
reduce the $1S.S77. 439 which the Cham
berlains cash shows had been diverted
from the current years receipts and used
to redeem old revenue bonds to $14, 49,
1879. OF this amount it has been shown
S6,0O1 GOA was taken from the receipts
of permanent improvement accounts,
WHllS InS TeIldlndST, pc, 900, was
taken from the receipts of budget &C
counts applicable to the current years
expenditures.
The story of the years transactions.
as told by the figures, is that for the first
nine months $24.S4O.172 of the current
years receipts was diverted from it's
legitimate purpose and used to redeem
revenue bonds upon which money had
been borrowed in previous years in ex-
cess of the taxes and other revenues col
lected to redeem them. The sale of $780,
100000 of per cent revenue bonds dur
ing the last three months, OF which more
than $10.O00,00O was issued in excess of
the charter limit. enabled the Controller
TO DO some of the refunding necessary TO
restore the balance of accounts. There
still remained at the end of the twelve
months S14,1S7,139 of refunding to do
sS,1S5.535 TO budget accounts and S6.-
0O1,6 GOA TO permanent improvement &C
counts. There is absolutely nothing to
show that this latter amount has ever
been returned to the accounts from
which IL was taken
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-10-25

Poughkeepsie, N. Y, Oct. 24.-District
attorney John e. Mack Of Duchess Conn
" said tonight that he had received the
communication and report from Comris-
sloner Joseph c. Baldwin, OF the state
board OF Charities. ard that he had made
an investigation of the charges. His state
ment follows in part:
After had received the letter ~ Com
missioner Baldwin l selected a COMMITTEE
COMPOSED or local representatives of Tire
state Board Of Charities, to make an in
Vestlgauon. On Monday, October Il / ac-
cOmPanled the committee to the county
ahhShouSe, the party going there nm
DehnOWn 10 superintendent Carman We
MADE a most thorough inspection OF the
institution from the cellar TO the attic we
Went INTO the kitchen and ate some of the
meat being prepared for the inmates din
her, and also went into the bakery and ate
some OF the bread intended for their use
rely entirely upon the report of this com
mittee, which will be made Tomorrow.
Individually, in justice to NJ Carman.
ana IN order that no Injustice shall he
done TO him by this report coming out
without an answer, l wish to say I found
the institution in first class condition
The keeper and his wife, Mrs Howell the
Inatron. were giving the inmates the very
best or care In my Judgment the real
trouble between the state charities board
Mr.. Carman does not deal very kindly with
the suggestions made by the state board
as he Is hot in accord with many OF them
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-10-25

time, $33.319,452 OF surplus receipts OF
permanent Improvement accounts. TO
meet the very claims which the Con-
troller stated at the time he had no
money to pay. The reason the money
was not in the city treasury and await
able for the purposes for which 1t was
SO urgently required is made fairly Cd
vious by an analysis of the record Oh
receipts and payments contained in the
Chamberlains cash accounts for the
nine months.
There is another curious discrepancy
between the figures given by the Cham
berlain and the official statements re-
corded by the Controller. In the first
debt statement, made in December, 1907,
il was stated that there was on hand In
the city treasury on october 1, 1917,
s16,531277 from the sale or corporate
stock and assessment bonds, exclusive
of those sold for the purposes OF water
supply. Yet the Chamberlain shows that
on October 1 the total cash to the credit
of the city treasury was only $S.s79,2SO
He also demonstrates that every detail
of the official debt statement given out
at the time regarding the amount on
hand on October ] from the sale of long
term bonds was absolutely incorrect and
misleading. 1t was upon the information
contained in the debt statement that the
BOARD OF Estimate was induced to sus-
mend all further work upon permanent
improvements until the city's finances
were in better shape.
HOW MONEY WAS OBTAINED.
That there was desperate need of
money is plainly evident. Something had
to be done during the next three months
or what was then known TO only few
in the Finance Department would be-
come public property. The receipts.
which. the records demonstrate, had been
, taken from the corporate stock and spe-
cial and trust accounts. had, at least in
part, to be refunded. Besides, contract
ors were clamoring for money due them
upon claims passed upon by the Con-
troller's own auditors. payable from per-
| manent improvement accounts. The last
sale during the year OF long term bonds
had been held. With the exception OF
sS.S79,2SO, all the receipts from this
source had been spent. s24.340,172 having
been used. In absolute violation of the
terms of the city charter, for the re-
demption of revenue bonds. More money
simply had 10 be obtained to do the nee
essary refunding before the end of the
year. The only manner in which the
| amount required could now be raised
WAS by the sale OF more revenue bonds.
It was at this juncture OF affairs that
the banking firm of J. p. Morgan & Co.
came TO the Controllers rescue and
agreed 10 purchase $30.O0O.O0o of reve-
nue. bonds. bearing interest at the rate
of 9 per cent per annum. OF these bonds
Sl4O00.OO0 were repayable out of the
current years taxes, but 100000 were
redeemabIe only in 1903, $6,OOO.00O in
1909 and S5.0O0o00 in 1910. OF the bal
ance S5,O0O.OO0 were repayable in 1908
and 100000 repayable in 1909. out OF
arrears 10 be collected OF the levy OF
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-10-25

the quarterly totals of the various groups
OF accounts. During the first period Of
three months combined permanent i'm
provement accounts show a surplus of
Sl3,SS9,S1O IN receipts over expenditures
The surplus came from the sale of cor
porate stock and assessment bonds held
in the month Of February The budget
account groups, on the other hand, ex-
hibit deficit of So, 449, 40, due to the
fact that $40, $4,000 more was expended
for the redemption of revenue bonds of
former years than was Oh hand for that
purpose. The net result Of the transac-
lions for the three months was, however,
that $6,449,410 was taken from the re-
ceipts Of permanent Improvement ac-
counts and used to make up a deficit Of
a like sum in the amount received, as
against the amount paid out for the con-
duct of city government
Practically nothing was received from
the sale OF corporate stock and assess
ment bonds during the second quarter.
and the receipts of permanent improve
ment accounts were small, while the ex-
penditures were almost as large as in
the previous three months There was
in consequence a deficit OF So, 709,614
Budget accounts, on the other hand had
surplus of $1,814,1O2, in spite of the
fact that again $39S6460 was taken
from the receipts to redeem revenue
bonds of prior years. The net result of
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-10-25
DR.. COOKS PLANS.
Professor Dyche VIII Accompany Him
UP Mount Mckinley.

st. Paul, Oct. 24.-Dr. Frederick A Cook
tonight said that Professor L. L Dyche. OF
the University OF Kansas, has been definitely
decided upon as one Of the members OF his
forthcoming Mount Mckinley expedition,
having accepted the offer yesterday. Dr.
Cook stated that he had also decided upon
several other members OF the expedition.
though he did not care to announce their
names at present. There would be only
five or six In the party, he said
Dr. Cook stated that the details OF tbs
Mount Mckinley expedition would not oe
worked out ut once as the expedition could
not start until next spring.
Dr. Cook will speak before the students
of HamIine University and before the facui-
IL OF the Minnesota University tomorrow
From Minneapolis DR.. Cook viii so to Mis-
souIa. Mont, and will deliver free lectures
there and at Hamilton. Mont, in connection
with the affidavits concerning the Mount
Mckinley controversy From Montana DIR.
Cook will go direct TO New York. where he
will prepare the data to be submitted to the
University OF Copenhagen.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-10-25

for the year were even due to be paid
$14, 302,S33 was redeemed by receipts
taken from permanent improvement ac-
counts and used for that purpose.
But during the nine months revenue
bonds Of former years were also re-
deemed to the tune of s19,704, $50, though.
as has been shown, there was available
for that purpose only $s.667.62O In this
instance, also, permanent Improvement
accounts were drawn upon, to the extent
of s1O.0s7,S Ss.
NO MONEY IN TREASURY.
Still this was the very time when the
Controller went upon record to say that
there were in his Office s50.O0OO00 Of
contracts registered for payment out Of
the proceeds of the sale of corporate
stock. 1t was at this moment, also, when
former Commissioner OF Public Works
Thompson. of the Borough of Manhattan,
complained in the newspapers that he
could not get enough money out of the
trust funds even to pay paving contrac-
tors the 3 per cent maintenance hold
backs due On paving contracts per-
formed years before. 1t was likewise the
time when city employees were kept wait
ing for weeks before the Controller could
raise the amount necessary to pay their
salaries and wages. Yet the records
show that there ought TO have been on
hand in the city treasury. at this very
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-10-25

the transactions for the quarter was
that of the $G449,4 40 shown to have
been previously taken from permanent
Improvement accounts S1,S14 1902 was re-
turned, leaving the net amount so taken
S4,635.3 07.
Proceeds from the sales of corporate
stock and assessment bonds held in
June, August and September came into
permanent improvement accounts dur
ing the third quarter, with the result
that there was a surplus of $25,639,257
at the end Of the three months. Budget
accounts, however, showed a deficit OF
$19,704, 1854. due to the fact that s1S,-
900 of the current years revenue
bonds were redeemed, although the taxes
for the year were not yet due to be paid.
further sum of $1,175OOO was also
taken to redeem revenue bonds of prior
years. The entire deficit. therefore, tx
cept $437,86 was caused by the receipts
of permanent Improvement accounts be-
ing used to redeem revenue bonds. The
net result of the transactions for the
three months was that $19,7O4,S64 more
WAS ulheIltu IIOiu AhPAONN
ment accounts, making the amount so
taken $24,34O,172 at the end of the third
quarter
RECORD FOR NINE MONTHS.
An examination of the figures for the
first nine months of the year discloses
the purposes for which this $24, $40, 172
taken from the proceeds of the sale OF
corporate stock and assessment bonds
was used. The expenditures of budget
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-10-25
Idle Property

Manhattan IS the most in
tensively cultivated piece Of
real estate in the world
But there's lot Of idle prop
erty in New York
And there's a lot of property
which earns only a precarious
income for its owners
One is a burden and the
other a nuisance.
The first is like good man
out of employment.
The second is like a man who
has a Job for part of the time,
but deserves to be employed
all Of the time.
Both lack opportunity.
The question is:
How long will you be salts
fled with meagre returns, or
perhaps a loss j?
How long will you hesitats
to reap the harvest Of values
which others are reapin9?
When will you give your
property an opportunity
THOMPSON-STARRETT
COMPANY
Building Construction
Fifty-One Wall Street
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-10-25
DIR. COOKS STORY DOUBTED.
Old Prospector Says No One Can Climb
Mount Mckinley.
IBy Telegraph to The Tribune.

by Telegraph 70 Inc IIIuuHS'I
BeIlingham. Wash, Oct. Aft DIR. Cook
SAYS he climbed to the top OF Mount Nc
Kinley. ne tells an untruthi" said Jacob
suter, an old mountaineer and prospeetor.
to-day ''Dr. Cook never reached the sum
nit of Mount Mckinley. and I want TO say
right here that no other man ever made
the top The peak of that mountain Is
pyramid or pinnacle of solid. glaring Ice.
almost perpendicular. and no man, even
II he chopped steps in the ice, coulu Climb
up.
and know exactly what am talking about
was there at tho time DR.. Cook and his
party tried 10 make the ascent. There
were four OF us in the party-the McCar-
thy brothers, of San Francisco; Sam May
and myself. We were prospecting In the
eulches and along the creeks at the base
men arrived"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-10-25

! 1905, and 100000 were repayable In
1908 out OF arrears to be collected of the
tax levy of 1906. This agreement was
on It's face. an excellent one for the Con-
troller. as It gave him the money re-
CURED for refunding purposes. 1t is not
SO easy, however, to see from the rec
ords what security the banking firm got
for this huge loan upon revenue bonds
made In the last months of the year
when taxes were due 90 be paid, espe-
cially as the figures show that practical
ly all Legitimate expenditures of budget
accounts up to this time had been ade-
quately met by the issue and sale OF
other revenue bonds in previous months
So obvious was it that some, at least
of these bonds were issued in excess OF
the legal limit that when the facts be-
came public, months later doubts were
expressed as to the legality of the whole
issue disposed of in October.
Whether or not the bonds were iIIe-
gally issued, and despite the fact that
there does not seem to have been any
security for the repayment OF the money,
1t was received at the right moment TO
enable the Controller to make a much
better showing of the years finances
than would otherwise have been pos
sible. In another article the legality of
this whole transaction in revenue bonds
will be dealt with.
THE LAST THREE MONTHS.
To get back to the examination of the
receipts and expenditures of the city
treasury for the last three months of
1907, the income of the combined per
manent Improvement accounts was only
So'64S,7I5, while the expenditures to-
tailed $24.194,775. leaving a deficit of
SZO,045,999. Budget accounts were now
In much better shape than they had been
since the first of the year. The receipts
for the three months, exclusive of the
proceeds of the sale of revenue bonds of
former years, were $121, 354, 641, and the
expenditures, exclusive of the amount
paid out for the redemption of prior
years revenue bonds, were 500, 400, 142.
leaving surplus OF $27, 1854, 400.
During the quarter there was received
$16,376.210 from the sale of revenue
bonds of former years, and s25,216,31O
was paid out for the redemption of the
same kind OF bonds. so that, once again.
$780, 100 was taken from the receipts
OF budget accounts and used to redeem
old revenue bonds, reducing the surplus
OF these accounts to s19.114,3 99, and in
creasing the amount diverted for this
purpose during the year to $1s,S77,4S
During the first nine months, as has
already been demonstrated, the amount
taken from the receipts Of permanent
Improvement accounts to redeem revenue
bonds was s24,34O.172. In the last quar-
ter $19.114.S99 was refunded, leaving So
225,773 which the Chamberlain's cash
shows was SO diverted during the year.
This amount is Increased by the add
and deduct transfers to s6.OO1, GOA.
THE AMOUNTS DIVERTED.
The records of the Chamberlain dem
onstrate that S1S,S77, 449 more was paid
out for the redemption of than was re-
ceived from the sale of revenue bonds of
former years. Details given in the char
ter report, and not shown in the segre-
cation of the cash accounts, indicate
that Of the total taxes and refunds re-
ceived during the year $14,044,93S was
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-10-25
AND EXPENDITURES OF

Exactly the same method of treatment
mas been used in dealing with the re-
celpts and expenditures of budget ac-
counts, except that in this case the diff
Ierent general sources of receipts and
purposes of expenditures are given in
detail The proceeds from the sale of
special revenue bonds and the expendi-
lures of special revenue bond fund, or
emergency budget account, are included
IN the gross totals of budget accounts.
1t has been the practice, however, to &C.
casionally sell special revenue bonds for
permanent improvement or assessment
purposes, in which case the receipts
from the sale of bonds have been
charged against one group. while the ex-
penditures have been credited to an
other. Where this was done in. 1907, the
proceeds Of tbs special revenue bonds so
disposed of have been transferred to the
group in which is the account for the
purposes Of which the bonds were Sold
so that the total figures given are the
actual amounts which both the cash and
the bookkeeping records show were ex-
pended for the purposes of city govern
ment during the year.
The following table gives by quarterly
periods the receipts and expenditures Of
budget accounts, compiled from the
Chamberlain's weekly cash statements,
with the totals of the various groups of
accounts segregated in like manner
from the charter report for purposes of
comparison:
pECETpTG AND EXDENnTTTTRE
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-10-25

The total receipts of permanent I'M
proyement and budget accounts, as gwen
In the tables, show that the income OF
the CITY treasury for the year was 5000
-a7 7s5. including the opening cash Dali
orca Of s1O195,5S5 The expenditures
were s346, 215. cor. but these totals are
60 600 600 less than the amounts SHOWN
"a have been received and S3OOo,Voo less
,bap the amounts shown to have peen
,,o,a out in the official records. The rea-
son is that in separating the transac-
t,ons of permanent improvement groups
en-, the transactions of budget accounts
:. nos found necessary in effect TO can
%, . warrant for $30O0,OOO. BY means
q .b;s warrant the sum mentioned
-,.I,,cb was obtained from the sale OF
reysnue bonds to provide for delclencies
IN the collection of arrears or taxes Oh
1o05 il shown by the official RECORDS 10
have been transferred TO special ana
trust accounts. The transfer has oeeh
cancelled by deducting both the amount
lid and the amount received in this
transaction, and the $3.0OO,OOo has neen
left in budget accounts. where 1t prop
erIy belongs, in The Tribune's segrega-
ton of the cash receipts for the year
without altering the relative status OF
the receipts and expenditures or anect-
ing In any way the debit and credit bal
anees produced by the original figures
From the first table. giving the details
Of the receipts and expenditures of cor
norate stock and special and trust ac-
counts. IL will be noticed that there was
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-10-25

Tory he had taken no food for two days
ana was In cOmatose state. The keeper
n f spread a netting over his face to ex-
clude flies, but there was no one tn Watcb
over over hlm' except perhaps two very old men
lying on beds near him. 44'0A
me death rate in the Duchess County
11LInIiSHOuSe mas Veen very high this wear
Mlthln fourteen months there have baen
OIlGLtWo deaths, an average of three a
a!ohSh. RMS death rate is excessive for
an institution which AVERAGES sboI,+ ~
hundred inmates. SOOut
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-10-25
cooks MESSAGE IN DENMARK

Copenhagen, Oct. 2A-The University OF
Copenhagen has received DIT. Frederick A
Cooks message that his records viii be
forwarded in about a month. but that his
instruments cannot be sent until next year.
The rector DIT. ToTp. however. would make
no comment on this subject to-day.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-10-25
Political.
Political
CONCERNING GEORGE GORDON BATTLE

1ke, the undersigned members of the Bar of the City Of
w NeV York, certify that hare kno1cledge of the
character and professional attachments of George Gordon
Battle candidate for District Attorney of the County of Nezc
York. and that beeUe him. point of experience ability
and integrity to be qualified discharge the duties of that
high office:
BENJAMIN F. TRACY JOHN F. DILLON
ALTON B. PARKER DAVID LEVENTRITT
JOHN G. MILBURN JOHN FRANKENHEIMER
ABRAHAM r. LAWRENCE LEWIS L. DELAFIELD
Joseph F. DAILY RASTUS S. RANSOM
MARTIN L. SLOWER SAMUEL UNTERMYER
ARTHUR H MASTEN PAUL FULLER
JAMES BYRNE ALFRED STECKLER
CHARLES STRAUSS A. J. SIMPSON
MARTIN w. LITTLETON EDWARD M. SHEPARD
John M BOWERS VIM B. HORNBLOWER
MORGAN J. O'BRIEN
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-10-25
WHO LOST AN AUToMoeILE7

Railway, N j.. Oct 24-On Monday
morning. october 10. Henry L. LAmphear
found a Franklin automobile backed into
his ward in Fulton street. He has been
expecting a claimant every day and has
made no effort TO ind the owner. Tia
machine bears the number zoos n ].
Virginia citizen. (Irvington, Va.) 1891-1921, 1909-07-16
TUCKER AT FREDERICKSBURG.

In his speech at Fredericksburg MIR.
Tucker first alluded to Commissioner
Lee and other State officers having
been promised their positions by Judge
Mann. Here is what the Fredericks-
burg Journal independently says of his
meeting there:
Harry StGeorge Tucker grows more
bitter in his daily attacks on Judge
Mann. He is now out with the charge
that the Judge has ''mortgaged', the
governorship. in that he has promised
away offices in advance of his nomina-
ton and election. If MIR. Tucker
fiasco here, where he failed to create
enthusiasm in his candidacy, is a
specimen Of the kind of work he is doing,
his candidacy will amount to little. The
public is apt to take Mr.. fuckers
charges seriously, and also to regard
Mr.. Tucker from the character of the
work he is doing-as being utterly unfit
for the Office of governor.
Virginia citizen. (Irvington, Va.) 1891-1921, 1909-07-16
MALONE THEN A DEMOCRAT.
washington Herald.


A prominent Virginian throws the fol
lowing light upon the political faith of
Gen. Malone:
1.-The Mann letters were written in
1879 and 1880. The one offering to aid
Gen. Malone in his contest for the
United States Senate referred to the con-
test between Malone and Rev. John f..
Massie before the Readjuster caucus.
Both Malone and Massie were at that
time Democratic Readjusters Massie
always contended that he had never
been anything but a Democrat, and
Malone insisted until 1892 that he was
n Democrat.
Those who are familiar with the his
tory of this period will recall that Ma
hone was elected to the United States
Senate as a Readjuster Democrat.
When he took his seat in the Senate.
on March 4, 1881, it was thought that
he would act with the Democratic Sen
ators. If he had done SO the Demo-
cratic vote would have been equal to
the Republican vote, and the Republi-
cans could not have organized the
Senate. During the special session of
March, 1881, Malone decided to act
with the Republicans, and received
much patronage and exceedingly good
appointments.