Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-02-26

~ 6itOuku Pets " SxS0k AhsAShS AssAss
need the smallest sappropriation ever
known in its existence since we be-
came city.
Let is see what the Honorable Cyrus
W. Davis administration accomplished
during the year ending Jan. 81, 1905.
The city report gives it as follows:
In summary total valuation, IS. 1853, 5000
s per cent. of which is, ...... 267. $3.50
Bonds outstanding, .......... 23O,OOO.V
Interest bearing notes. ....... 72,600.00
Total, Observation-Disclosures. $780,, 10000
Deduct the limit .............. $267 $3.50
Beyond the limit ............ 34,912.50
In addition the March payroll was
s26, 463.5s, but $4,000 of this was re-
funded bonds, which, deducted, leaves
SIG, 463.5S, which added to the over lin
it, makes S51,3760S that must be paid
under the next administration, that OF
Hon. Horace Purinton, before the city
could be inside the debt limit so any
bonds could be sold or refunded.
Further, the miscellaneous account
Of Mr.. Davis administration after
transferring the different accounts to
~ =" as oSCldl avn " thC othouht va
s12, 1872, which was charged up to the
city Of Watervilie, and that admins
tration had the supposed profits from
the city liquor agency, which was
then doing business.
What do the citizens think Of an adj
ministration that left $72,600 Of out
standing interest bearing notes to its
successor. and a debt of $34,912.50 be-
yond the debt limit? Do they want
such representatives to come into
power or these self imposed leaders of
opposition to good government having
large influence upon the city's adj
ministration?
In the matter of showing the GEM
parative net debt of the different adj
ministrations as printed in the Sem
tnel of Tuesday. Feb. %. the statement
Of net debt attributed to this present
administration is incorrect and mis-
leading; it is not taken from the audi
tors report, but is a statement made
without any authority whatever It
is faxed up by someone outside Of the
city government.
Probably the Sentinel will tell us
we have handicapped the incoming ad-
ministration by anticipating their ap-
preparation with mortgage obliging
them to pay some $4,000 toward the
construction of the new High school
building, and we admit we have
FASTENED the construction of the build
ing and helped them along. but just
remember we leave in uncollected taxes
over $4,000 that they will have the
80 <l.nk ,O$
" as handicapped as many admins
erations have been. Abraham Lincoln
said: you can fool all of the people
ONE of the time; you can fool some
Of the people all of the time; but you
can't fool all of the people all of the
time
l dislike to quarrel with my neigh
hors and try to treat all my acquaint-
ances with due respect, but l like to
be treated in like manner, and when
my character and standing in the COM
munity is assailed by the management
Of the Waterville Sentinel. I deem my
self justified in replying. I cannot
eadily allow man to smite me on one
cheek and turn to him the other and
let him do likewise.
Davis before the city council meeting
denied the right of the auditor to fig
ure as an asset the cash now in the
savings bank, claiming it was a liabil-
ity.
If am in possession of my faculties.
liability is what one owes, and an
asset is what one has to pay that debt
with, and if cash isn't an asset, what
then is?
have been told that had this money
been deposited in the Waterville Trust
Co., it should properly have been fig
ured as liability.
And in this connection. I wish to
state that we took the treasurer's ac-
count from the Waterville Trust Co.
and placed it in the Ticonic Bank just
in time to save the city $4,000.
I was informed by Mr.. Davis that l
had been a director of the Waterville
Trust Co., ard, therefore, should not
bring it into the controversy. but 1
wish to state that I was requested to
become director to fill vacancies that
I might help to save the bank from
failure. served nearly year and, re-
fused a reelection for the reason that
J. SIT" no IutuIe IVt liiC oeIi'n'
The Sentinel says this has. undoubt-
edly, been the poorest business admin
islration the city has had for many
years, which is absolutely false and
misleading, and 1 believe Intentionally
so to deceive the voters.
In q recent issue of the Waterville
Sentinel it was said that the name of the
paper was synonymous with Guardian
and Waterman for the peoples inter-
ests, or words to that effect. and that it
shoulA continue to look after the peo-
pies interests. no matter what anyone
said or thought.
Last July. the city voted on legis-
Iatiye bill. calling for change in the
appointment of the police force, and
Rev. Mr.. Stimson wrote an article for
publication, which he submitted to the
Sentinel with the assurance that it
would be published, provided he signed
it. This article was deliberately, and
with malice aforethought crushed and
crumpled and thrown into a desk
drawer without the promised publica-
ton. The night editor was seen to do
this.
Why don't the Sentinel say some
thing about this?
Ex-President Roosevelt created what
fao