Original sentence: Contrary to the fears of some, capital did not flee Bridgeport and McLevy began upon a reform agenda rather than a revolution.In a time of reduced revenue due to the Depression and, with city coffers depleted by corruption, McLevy managed to meet the City's obligations and balance the books, even reducing taxes.McLevy joined them and disaffiliated his state party from the national Socialists.McLevy was a member of the conservative wing of the Socialist Party.While he was a Socialist, McLevy was known for his fiscal restraint
Edited sentence: Contrary to the scaremongering of the mass media and the business constituency, capital did not flee Bridgeport even after McLevy embarked upon a reform agenda.He was known as a moderate Socialist.In a time of reduced revenue due to the Depression and, with city coffers depleted by corruption, McLevy managed to meet the City's obligations, balance the books, and reduce regressive taxation.McLevy belonged to the moderate wing of the Socialist Party.McLevy joined them and disaffiliated his state party from the Socialists at the national level