Five Mile Beach weekly journal., 1920-12-17

six per cent. per annum, and payable
OIL December 31st, 1928, or at any date
prior at the option of the city,"
(5) Ditto-A similar SIC, 900 note.
(6l at
The total OF these five tax revenue
notes therefore is $4,000.
"Thus money goes;
No one knows
Where 1t goeth-
No one showeih."
The city treasurer stated that the
aggregate of outstanding and delin-
quent taxes is $Sl, 566. 92. Hence the
compulsion, he pointed out, to borrow
$50, 900 on the five notes as enumerated.
The last financial resolution to be
passed was what is known as a "trans-
mutation" operation: "Be 1T resolved,
That the city treasurer be and he hereby
is duly authorized to make the follow
ing transfers from the following &C.
counts: Boardwalk, Fire, Sanitation,
Printing and Stationery, Health and
Charity, Beach and Fire and Hydrant
Rental-totaling 81 ,929. 46-to Salary,
sewer, police, streets and lease OF ground
for boardwalk accounts"
A communication from the managing
secretary of the Board of Trade was
read informing the commissioners that
''the board of governors, at a special
meeting of that body held at city hall
last Monday, decided that the city
commissioners be asked to increase
their advertising budget for 1921 by
So, 500" This" it was stated in the
letter, "will be about one-half of the
maintenance charges of the Board of
Trade office" For the year 1920 the
ad vertising item in the budget appro-
priations was SO, 800. II the increase
asked for by the Board OF Trade is
granted the 1921 ad vertising allotment
will be $l2, 100.
A communication from the "Ameri-
can Chamber of Commerce for Brazil"
was next read, informing the commits
sioners hat in 1922 the Republic Of
Brazil will celebrate its first centennial.
The date of the formation of this sister
Republic was given as September 8,
1922 "A new nation" the letter went
on to say, Twas born with a history of
resources and geography great beyond
comprehension" 1t boosted Of "a 5000
mile coast line" 1t is proposed to
raise a half million dollars for the pur-
rose of erecting a suitable monument
something like the Statue of Liberty in
New York-to cement the friendship
and unity Of the two great Republics
of the Western Continent. Literature
will be mailed later to aid in working
up an Interest in the vast project pro-
posed, as a testimonial by the people Of
the United States to the kindred aims
and ideals of the people Of Brazil.
Some one asked the Commissioners
what progress is being made by the
committee appointed to devise ways
aud means of improving the gas ser
vice. Chairman Kay replied that the
data sent from Philadelphia by the
officials of the gas company was not
satisfactory and that he had personally
made q trip to the city last Saturday
TO see Mr.. Lightfoot, the treasurer.
Failing to find him that day Mr.. Kay
said he was going up again on Thurs
day, the 10Th. The object of these
visits is to obtain a detailed statement
OF the assets and liabilities of the COM
pany. This step is necessary before
any move can be made toward formu-
lating a plan for the bettermeot of the
service. w. Courtright Smith, chair
man of a committee of the Wildwood
Athletic Association. appeared before
the Commissioners to explain that in
tue report he made at last weeks meet
ing be did not represent the finance
committee of that association but a
special committe e. He took exception
to the published statement last week
that the Athletic Association had
handed over without any restrictions
or conditions So. 900 to the City Com
missioners for a soldier memorial. He
appealed to the Commissioners to yer